Advance Materials (ROCO:3585) Days Payable: 49.57 (As of Dec. 2025) — 12% Below Median

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ROCO:3585 Advance Materials Corp ROCO:3585
44 GF Score
Price NT$57.20
GF Value NT$8.93
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Advance Materials Days Payable?

Advance Materials ROCO:3585 -6.33% 44 Days Payable is 49.57 as of Dec. 2025, which is 12% below its 10-year median of 56.65. GuruFocus rates ROCO:3585 with a GF Score™ of 44/100 and a GF Value™ of NT$8.93 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,445 Hardware companies, Advance Materials ranks worse than 67.12% on this metric.

Advance Materials's average Accounts Payable for the six months ended in Dec. 2025 was NT$57.6 Mil. Advance Materials's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$212.2 Mil. Hence, Advance Materials's Days Payable for the six months ended in Dec. 2025 was 49.57.

The historical rank and industry rank for Advance Materials's Days Payable or its related term are showing as below:

ROCO:3585' s Days Payable Range Over the Past 10 Years
Min: 48.8   Med: 56.65   Max: 79.57
Current: 51.2

During the past 13 years, Advance Materials's highest Days Payable was 79.57. The lowest was 48.80. And the median was 56.65.

ROCO:3585's Days Payable is ranked worse than
67.12% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:3585: 51.20

Advance Materials's Days Payable increased from Dec. 2024 (49.17) to Dec. 2025 (49.57). It may suggest that Advance Materials delayed paying its suppliers.


Advance Materials Days Payable Historical Data

* Premium members only.

The historical data trend for Advance Materials's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Advance Materials Days Payable Chart

Advance Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.72 56.89 56.30 52.61 48.80

Advance Materials Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.36 52.80 49.17 55.57 49.57

ROCO:3585 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Advance Materials's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Advance Materials Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Advance Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where Advance Materials's Days Payable falls into.


ROCO:3585
44GF Score
Advance Materials Corp ROCO:3585
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advance Materials Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Advance Materials's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (53.62 + 53.699) / 2 ) / 401.322*365
=53.6595 / 401.322*365
=48.80

Advance Materials's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (61.568 + 53.699) / 2 ) / 212.17*365 / 2
=57.6335 / 212.17*365 / 2
=49.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 49.57 mean?
Advance Materials (ROCO:3585) has a Days Payable of 49.57 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Advance Materials and its competitors. This is 12% below median its historical median of 56.65. Over the past decade, Advance Materials' Days Payable has ranged from 48.80 to 79.57. According to the industry distribution chart, Advance Materials ranks #1641 out of 2445 companies in the Hardware industry, placing it in the top 67.1%.
Is Advance Materials' Days Payable too high?
Advance Materials' current Days Payable of 49.57 is 12% below median its 10-year median of 56.65. Over the past 10 years, this metric has ranged from a low of 48.80 to a high of 79.57. The Hardware industry median Days Payable is 70.06. Advance Materials' value of 49.57 is 29.2% below this industry median. Based on the distribution chart, Advance Materials ranks #1641 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Advance Materials has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advance Materials' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Advance Materials ranks #1641 out of 2445 companies for Days Payable. This places Advance Materials in the lower half of its industry. The industry median Days Payable is 70.06. Advance Materials' value of 49.57 is 29.2% below this benchmark. Historically, Advance Materials' own Days Payable has ranged from 48.80 to 79.57 over the past decade. While the company's 10-year median is 56.65 vs. the industry median of 70.06, Advance Materials has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advance Materials's current Days Payable of 49.57 is 29.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Advance Materials and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Materials's current Days Payable is 49.57, which is 12% below median its own 10-year median of 56.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Materials stock overvalued right now?
Based on GuruFocus' analysis, Advance Materials (ROCO:3585) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.93, compared to a current price of NT$57.20 — trading 540.5% above its estimated fair value. The current Days Payable is 49.57, which is 12% below median its 10-year median of 56.65 and 29.2% below the Hardware industry median of 70.06. Advance Materials' overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Advance Materials (ROCO:3585), the current Days Payable is 49.57 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Advance Materials (ROCO:3585) Overvalued in 2026?

Based on GuruFocus' analysis, Advance Materials stock appears to be overvalued. The current stock price of NT$57.20 is trading 540.5% above its estimated GF Value™ of NT$8.93. GuruFocus considers Advance Materials to be Significantly Overvalued.

Key valuation signals for ROCO:3585:

  • Days Payable: 49.57 (12% below median its 10-year median of 56.65)
  • GF Value™: NT$8.93 vs. price of NT$57.20 (540.5% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 29.2% below the Hardware median (#1641 of 2445)

No single metric tells the full story. See the ROCO:3585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advance Materials Business Description

Address No.2 of 498 Lane, Luzhu Village, Taoyuan County, TWN
Advance Materials Corp is a professional supplier of electronic materials in Taiwan. Its products include Copper Clad Laminate, Liquid photo-imageable solder masks, Special Photoresist, FPC Materials related products, and Touch Panel Related Materials.
44GF Score

Get the complete analysis for ROCO:3585

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$57.20
Price
NT$8.93
GF Value