Viking Tech (ROCO:3624) Days Payable: 50.67 (As of Jun. 2026) — 20% Above Median

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ROCO:3624 Viking Tech Corp ROCO:3624
67 GF Score
Price NT$91.20
GF Value NT$57.70
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Viking Tech Days Payable?

Viking Tech ROCO:3624 +4.23% 67 Days Payable is 50.67 as of Jun. 2026, which is 20% above its 10-year median of 42.34. GuruFocus rates ROCO:3624 with a GF Score™ of 67/100 and a GF Value™ of NT$57.70 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,439 Hardware companies, Viking Tech ranks worse than 71.71% on this metric.

Viking Tech's average Accounts Payable for the three months ended in Jun. 2026 was NT$334 Mil. Viking Tech's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$601 Mil. Hence, Viking Tech's Days Payable for the three months ended in Jun. 2026 was 50.67.

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

ROCO:3624' s Days Payable Range Over the Past 10 Years
Min: 35.12   Med: 42.34   Max: 52.76
Current: 45.97

During the past 13 years, Viking Tech's highest Days Payable was 52.76. The lowest was 35.12. And the median was 42.34.

ROCO:3624's Days Payable is ranked worse than
71.71% of 2439 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:3624: 45.97

Viking Tech's Days Payable increased from Jun. 2025 (37.64) to Jun. 2026 (50.67). It may suggest that Viking Tech delayed paying its suppliers.


Viking Tech Days Payable Historical Data

* Premium members only.

The historical data trend for Viking Tech'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.

Viking Tech Days Payable Chart

Viking Tech 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 45.24 42.65 36.91 35.12 36.11

Viking Tech Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 37.64 40.19 42.15 45.99 50.67

ROCO:3624 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Viking Tech'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.


Viking Tech Days Payable vs Hardware Industry

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

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


ROCO:3624
67GF Score
Viking Tech Corp ROCO:3624
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viking Tech 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.

Viking Tech'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
=( (175.675 + 219.759) / 2 ) / 1998.731*365
=197.717 / 1998.731*365
=36.11

Viking Tech's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (304.537 + 363.358) / 2 ) / 601.435*365 / 4
=333.9475 / 601.435*365 / 4
=50.67

* 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 50.67 mean?
Viking Tech (ROCO:3624) has a Days Payable of 50.67 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Viking Tech and its competitors. This is 20% above median its historical median of 42.34. Over the past decade, Viking Tech's Days Payable has ranged from 35.12 to 52.76. According to the industry distribution chart, Viking Tech ranks #1749 out of 2439 companies in the Hardware industry, placing it in the top 71.7%.
Is Viking Tech's Days Payable too high?
Viking Tech's current Days Payable of 50.67 is 20% above median its 10-year median of 42.34. Over the past 10 years, this metric has ranged from a low of 35.12 to a high of 52.76. The Hardware industry median Days Payable is 70.06. Viking Tech's value of 50.67 is 27.7% below this industry median. Based on the distribution chart, Viking Tech ranks #1749 out of 2439 companies in the Hardware industry, which is below the industry midpoint. Overall, Viking Tech has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viking Tech's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Viking Tech ranks #1749 out of 2439 companies for Days Payable. This places Viking Tech in the lower half of its industry. The industry median Days Payable is 70.06. Viking Tech's value of 50.67 is 27.7% below this benchmark. Historically, Viking Tech's own Days Payable has ranged from 35.12 to 52.76 over the past decade. While the company's 10-year median is 42.34 vs. the industry median of 70.06, Viking Tech 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 2,439 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. Viking Tech's current Days Payable of 50.67 is 27.7% 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 Viking Tech 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. Viking Tech's current Days Payable is 50.67, which is 20% above median its own 10-year median of 42.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Tech stock overvalued right now?
Based on GuruFocus' analysis, Viking Tech (ROCO:3624) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$57.70, compared to a current price of NT$91.20 — trading 58.1% above its estimated fair value. The current Days Payable is 50.67, which is 20% above median its 10-year median of 42.34 and 27.7% below the Hardware industry median of 70.06. Viking Tech's overall GF Score™ is 67/100 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 Viking Tech (ROCO:3624), the current Days Payable is 50.67 as of Jun. 2026. 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 Viking Tech (ROCO:3624) Overvalued in 2026?

Based on GuruFocus' analysis, Viking Tech stock appears to be overvalued. The current stock price of NT$91.20 is trading 58.1% above its estimated GF Value™ of NT$57.70. GuruFocus considers Viking Tech to be Significantly Overvalued.

Key valuation signals for ROCO:3624:

  • Days Payable: 50.67 (20% above median its 10-year median of 42.34)
  • GF Value™: NT$57.70 vs. price of NT$91.20 (58.1% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 27.7% below the Hardware median (#1749 of 2439)

No single metric tells the full story. See the ROCO:3624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viking Tech Business Description

Address No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.
67GF Score

Get the complete analysis for ROCO:3624

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

NT$91.20
Price
NT$57.70
GF Value