Hep Tech Co (ROCO:3609) Days Payable: 18.67 (As of Dec. 2025) — 75% Below Median

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ROCO:3609 Hep Tech Co Ltd ROCO:3609
52 GF Score
Price NT$27.70
GF Value NT$45.72
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hep Tech Co Days Payable?

Hep Tech Co ROCO:3609 +0.18% 52 Days Payable is 18.67 as of Dec. 2025, which is 75% below its 10-year median of 75.10. GuruFocus rates ROCO:3609 with a GF Score™ of 52/100 and a GF Value™ of NT$45.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, Hep Tech Co ranks worse than 81.91% on this metric.

Hep Tech Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$53.6 Mil. Hep Tech Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$262.0 Mil. Hence, Hep Tech Co's Days Payable for the three months ended in Dec. 2025 was 18.67.

The historical rank and industry rank for Hep Tech Co's Days Payable or its related term are showing as below:

ROCO:3609' s Days Payable Range Over the Past 10 Years
Min: 33.74   Med: 75.1   Max: 89.56
Current: 35.24

During the past 13 years, Hep Tech Co's highest Days Payable was 89.56. The lowest was 33.74. And the median was 75.10.

ROCO:3609's Days Payable is ranked worse than
81.91% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:3609: 35.24

Hep Tech Co's Days Payable declined from Dec. 2024 (91.44) to Dec. 2025 (18.67). It may suggest that Hep Tech Co accelerated paying its suppliers.


Hep Tech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hep Tech 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.

Hep Tech Co Days Payable Chart

Hep Tech Co 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 55.45 40.54 38.19 83.17 33.74

Hep Tech Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 91.44 42.46 65.06 44.43 18.67

ROCO:3609 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Hep Tech 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.


Hep Tech Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Hep Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hep Tech Co's Days Payable falls into.


ROCO:3609
52GF Score
Hep Tech Co Ltd ROCO:3609
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hep Tech Co 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.

Hep Tech Co'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
=( (55.892 + 53.469) / 2 ) / 591.456*365
=54.6805 / 591.456*365
=33.74

Hep Tech Co'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (53.725 + 53.469) / 2 ) / 261.957*365 / 4
=53.597 / 261.957*365 / 4
=18.67

* 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 18.67 mean?
Hep Tech Co (ROCO:3609) has a Days Payable of 18.67 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 Hep Tech Co and its competitors. This is 75% below median its historical median of 75.10. Over the past decade, Hep Tech Co's Days Payable has ranged from 33.74 to 89.56. According to the industry distribution chart, Hep Tech Co ranks #2001 out of 2443 companies in the Hardware industry, placing it in the top 81.9%.
Is Hep Tech Co's Days Payable too high?
Hep Tech Co's current Days Payable of 18.67 is 75% below median its 10-year median of 75.10. Over the past 10 years, this metric has ranged from a low of 33.74 to a high of 89.56. The Hardware industry median Days Payable is 69.89. Hep Tech Co's value of 18.67 is 73.3% below this industry median. Based on the distribution chart, Hep Tech Co ranks #2001 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hep Tech Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hep Tech Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Hep Tech Co ranks #2001 out of 2443 companies for Days Payable. This places Hep Tech Co in the lower half of its industry. The industry median Days Payable is 69.89. Hep Tech Co's value of 18.67 is 73.3% below this benchmark. Historically, Hep Tech Co's own Days Payable has ranged from 33.74 to 89.56 over the past decade. While the company's 10-year median is 75.10 vs. the industry median of 69.89, Hep Tech 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 2,443 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. Hep Tech Co's current Days Payable of 18.67 is 73.3% 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 Hep Tech 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. Hep Tech Co's current Days Payable is 18.67, which is 75% below median its own 10-year median of 75.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hep Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hep Tech Co (ROCO:3609) is currently considered Possible Value Trap. The stock's GF Value™ is NT$45.72, compared to a current price of NT$27.70 — trading 39.4% below its estimated fair value. The current Days Payable is 18.67, which is 75% below median its 10-year median of 75.10 and 73.3% below the Hardware industry median of 69.89. Hep Tech Co's overall GF Score™ is 52/100 with 5 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 Hep Tech Co (ROCO:3609), the current Days Payable is 18.67 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 Hep Tech Co (ROCO:3609) Overvalued in 2026?

Based on GuruFocus' analysis, Hep Tech Co stock appears to be undervalued. The current stock price of NT$27.70 is trading 39.4% below its estimated GF Value™ of NT$45.72. GuruFocus considers Hep Tech Co to be Possible Value Trap.

Key valuation signals for ROCO:3609:

  • Days Payable: 18.67 (75% below median its 10-year median of 75.10)
  • GF Value™: NT$45.72 vs. price of NT$27.70 (39.4% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 73.3% below the Hardware median (#2001 of 2443)

No single metric tells the full story. See the ROCO:3609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hep Tech Co Business Description

Address No. 20, Jingke 7th Road, Nautun District, Taichung, TWN
Hep Tech Co Ltd manufactures electronic lighting control gears for industrial and commercial purposes. Its products include LED driver, fluorescent ECG, emergency lighting units, electronic transformers, and other products.
52GF Score

Get the complete analysis for ROCO:3609

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

NT$27.70
Price
NT$45.72
GF Value