Optivision Technology (ROCO:3666) Days Payable: 23.15 (As of Dec. 2025) — 46% Below Median

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ROCO:3666 Optivision Technology INc ROCO:3666
56 GF Score
Price NT$24.50
GF Value NT$14.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Optivision Technology Days Payable?

Optivision Technology ROCO:3666 -2.97% 56 Days Payable is 23.15 as of Dec. 2025, which is 46% below its 10-year median of 42.94. GuruFocus rates ROCO:3666 with a GF Score™ of 56/100 and a GF Value™ of NT$14.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,442 Hardware companies, Optivision Technology ranks worse than 87.14% on this metric.

Optivision Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$35.4 Mil. Optivision Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$139.6 Mil. Hence, Optivision Technology's Days Payable for the three months ended in Dec. 2025 was 23.15.

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

ROCO:3666' s Days Payable Range Over the Past 10 Years
Min: 22.08   Med: 42.94   Max: 50.38
Current: 29.56

During the past 13 years, Optivision Technology's highest Days Payable was 50.38. The lowest was 22.08. And the median was 42.94.

ROCO:3666's Days Payable is ranked worse than
87.14% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:3666: 29.56

Optivision Technology's Days Payable declined from Dec. 2024 (33.83) to Dec. 2025 (23.15). It may suggest that Optivision Technology accelerated paying its suppliers.


Optivision Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Optivision Technology'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.

Optivision Technology Days Payable Chart

Optivision Technology 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 46.39 42.90 22.08 28.13 30.14

Optivision Technology 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 33.83 32.54 29.42 33.18 23.15

ROCO:3666 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Optivision Technology'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.


Optivision Technology Days Payable vs Hardware Industry

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

* The bar in red indicates where Optivision Technology's Days Payable falls into.


ROCO:3666
56GF Score
Optivision Technology INc ROCO:3666
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Optivision Technology 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.

Optivision Technology'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
=( (58.817 + 28.319) / 2 ) / 527.593*365
=43.568 / 527.593*365
=30.14

Optivision Technology'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
=( (42.514 + 28.319) / 2 ) / 139.617*365 / 4
=35.4165 / 139.617*365 / 4
=23.15

* 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 23.15 mean?
Optivision Technology (ROCO:3666) has a Days Payable of 23.15 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 Optivision Technology and its competitors. This is 46% below median its historical median of 42.94. Over the past decade, Optivision Technology's Days Payable has ranged from 22.08 to 50.38. According to the industry distribution chart, Optivision Technology ranks #2128 out of 2442 companies in the Hardware industry, placing it in the top 87.1%.
Is Optivision Technology's Days Payable too high?
Optivision Technology's current Days Payable of 23.15 is 46% below median its 10-year median of 42.94. Over the past 10 years, this metric has ranged from a low of 22.08 to a high of 50.38. The Hardware industry median Days Payable is 69.89. Optivision Technology's value of 23.15 is 66.9% below this industry median. Based on the distribution chart, Optivision Technology ranks #2128 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Optivision Technology has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optivision Technology's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Optivision Technology ranks #2128 out of 2442 companies for Days Payable. This places Optivision Technology in the lower half of its industry. The industry median Days Payable is 69.89. Optivision Technology's value of 23.15 is 66.9% below this benchmark. Historically, Optivision Technology's own Days Payable has ranged from 22.08 to 50.38 over the past decade. While the company's 10-year median is 42.94 vs. the industry median of 69.89, Optivision Technology 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 2,442 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. Optivision Technology's current Days Payable of 23.15 is 66.9% 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 Optivision Technology 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. Optivision Technology's current Days Payable is 23.15, which is 46% below median its own 10-year median of 42.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optivision Technology stock overvalued right now?
Based on GuruFocus' analysis, Optivision Technology (ROCO:3666) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.12, compared to a current price of NT$24.50 — trading 73.5% above its estimated fair value. The current Days Payable is 23.15, which is 46% below median its 10-year median of 42.94 and 66.9% below the Hardware industry median of 69.89. Optivision Technology's overall GF Score™ is 56/100 with 4 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 Optivision Technology (ROCO:3666), the current Days Payable is 23.15 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 Optivision Technology (ROCO:3666) Overvalued in 2026?

Based on GuruFocus' analysis, Optivision Technology stock appears to be overvalued. The current stock price of NT$24.50 is trading 73.5% above its estimated GF Value™ of NT$14.12. GuruFocus considers Optivision Technology to be Significantly Overvalued.

Key valuation signals for ROCO:3666:

  • Days Payable: 23.15 (46% below median its 10-year median of 42.94)
  • GF Value™: NT$14.12 vs. price of NT$24.50 (73.5% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 66.9% below the Hardware median (#2128 of 2442)

No single metric tells the full story. See the ROCO:3666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Optivision Technology Business Description

Address No. 1, Lixing 6th Road, 3rd floor, Science-Based Industrial Park, Hsinchu, TWN, 30078
Optivision Technology INc is a Taiwan based manufacturer. The Company mainly engages in the research, development and manufacturing of precision optical components, which are applied to small- and medium-sized tablet computers, mobile phones, notebook computers and optical lenses.
56GF Score

Get the complete analysis for ROCO:3666

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

NT$24.50
Price
NT$14.12
GF Value