Alliance Material CoROCO:3595 -6.10%53 Days Payable is 35.45 as of Dec. 2025, which is 45% below its 10-year median of 64.20. GuruFocus rates ROCO:3595 with a GF Score™ of 53/100 and a GF Value™ of NT$74.77 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,436 Hardware companies, Alliance Material Co ranks worse than 73.93% on this metric.
The historical rank and industry rank for Alliance Material Co's Days Payable or its related term are showing as below:
ROCO:3595'
s Days Payable Range Over the Past 10 Years
Min: 36.16 Med: 64.2 Max: 123.98
Current: 43.51
During the past 13 years, Alliance Material Co's highest Days Payable was 123.98. The lowest was 36.16. And the median was 64.20.
ROCO:3595's Days Payable is ranked worse than 73.93% of 2436
companies
in the Hardware industry
Industry Median: 69.89
vs ROCO:3595: 43.51
Alliance Material Co's Days Payable
declined
from Dec. 2024 (53.33) to Dec. 2025 (35.45).
It may suggest that Alliance Material Coaccelerated paying its suppliers.
Alliance Material Co Days Payable Related Terms
Alliance Material Co Days Payable Historical Data
* Premium members only.
The historical data trend for Alliance Material Co'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.
For the Electronic Components subindustry, Alliance Material Co'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.
Alliance Material Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Alliance Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Alliance Material Co's Days Payable falls into.
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.
Alliance Material Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Alliance Material Co (ROCO:3595) has a Days Payable of 35.45 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 Alliance Material Co and its competitors. This is 45% below median its historical median of 64.20. Over the past decade, Alliance Material Co's Days Payable has ranged from 36.16 to 123.98. According to the industry distribution chart, Alliance Material Co ranks #1801 out of 2436 companies in the Hardware industry, placing it in the top 73.9%.
Is Alliance Material Co's Days Payable too high?
Alliance Material Co's current Days Payable of 35.45 is 45% below median its 10-year median of 64.20. Over the past 10 years, this metric has ranged from a low of 36.16 to a high of 123.98. The Hardware industry median Days Payable is 69.89. Alliance Material Co's value of 35.45 is 49.3% below this industry median. Based on the distribution chart, Alliance Material Co ranks #1801 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Alliance Material Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alliance Material Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Alliance Material Co ranks #1801 out of 2436 companies for Days Payable. This places Alliance Material Co in the lower half of its industry. The industry median Days Payable is 69.89. Alliance Material Co's value of 35.45 is 49.3% below this benchmark. Historically, Alliance Material Co's own Days Payable has ranged from 36.16 to 123.98 over the past decade. While the company's 10-year median is 64.20 vs. the industry median of 69.89, Alliance Material Co 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 69.89, based on 2,436 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. Alliance Material Co's current Days Payable of 35.45 is 49.3% 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 Alliance Material Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Material Co's current Days Payable is 35.45, which is 45% below median its own 10-year median of 64.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Material Co stock overvalued right now?
Based on GuruFocus' analysis, Alliance Material Co (ROCO:3595) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$74.77, compared to a current price of NT$2,385.00 — trading 3089.8% above its estimated fair value. The current Days Payable is 35.45, which is 45% below median its 10-year median of 64.20 and 49.3% below the Hardware industry median of 69.89. Alliance Material Co's overall GF Score™ is 53/100 with 2 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 Alliance Material Co (ROCO:3595), the current Days Payable is 35.45 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 Alliance Material Co (ROCO:3595) Overvalued in 2026?
Based on GuruFocus' analysis, Alliance Material Co stock appears to be overvalued.
The current stock price of NT$2,385.00 is trading 3089.8% above its estimated GF Value™ of NT$74.77.
GuruFocus considers Alliance Material Co to be Significantly Overvalued.
Key valuation signals for ROCO:3595:
Days Payable: 35.45 (45% below median its 10-year median of 64.20)
GF Value™: NT$74.77 vs. price of NT$2,385.00 (3089.8% above fair value)
Industry Position: 49.3% below the Hardware median (#1801 of 2436)
No single metric tells the full story. See the ROCO:3595 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alliance Material Co Ltd is engaged in the production of LCD backlight module optical film. It offers black and white tape, optical tape, plastic protective film, UV light curing resin and the provision of cutting and processing services. The company also provides all kinds of materials professional consulting services.
53GF Score
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