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Giga Solar MaterialsROCO:3691 +1.16%43 Days Payable is 14.74 as of Dec. 2025, which is 20% above its 10-year median of 12.31. GuruFocus rates ROCO:3691 with a GF Score™ of 43/100 and a GF Value™ of NT$101.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 999 Semiconductors companies, Giga Solar Materials ranks worse than 94.49% on this metric.
The historical data trend for Giga Solar 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.
ROCO:3691 vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, Giga Solar 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.
Giga Solar Materials Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Giga Solar Materials's Days Payable distribution charts can be found below:
* The bar in red indicates where Giga Solar Materials'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.
Giga Solar Materials'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.
Giga Solar Materials (ROCO:3691) has a Days Payable of 14.74 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 Giga Solar Materials and its competitors. This is 20% above median its historical median of 12.31. Over the past decade, Giga Solar Materials' Days Payable has ranged from 5.83 to 30.44. According to the industry distribution chart, Giga Solar Materials ranks #944 out of 999 companies in the Semiconductors industry, placing it in the top 94.5%.
Is Giga Solar Materials' Days Payable too high?
Giga Solar Materials' current Days Payable of 14.74 is 20% above median its 10-year median of 12.31. Over the past 10 years, this metric has ranged from a low of 5.83 to a high of 30.44. The Semiconductors industry median Days Payable is 53.16. Giga Solar Materials' value of 14.74 is 72.3% below this industry median. Based on the distribution chart, Giga Solar Materials ranks #944 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Giga Solar Materials has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Giga Solar Materials ranks #944 out of 999 companies for Days Payable. This places Giga Solar Materials in the lower half of its industry. The industry median Days Payable is 53.16. Giga Solar Materials' value of 14.74 is 72.3% below this benchmark. Historically, Giga Solar Materials' own Days Payable has ranged from 5.83 to 30.44 over the past decade. While the company's 10-year median is 12.31 vs. the industry median of 53.16, Giga Solar 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.16, based on 999 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. Giga Solar Materials's current Days Payable of 14.74 is 72.3% 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 Giga Solar Materials and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giga Solar Materials's current Days Payable is 14.74, which is 20% above median its own 10-year median of 12.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$101.29, compared to a current price of NT$130.50 — trading 28.8% above its estimated fair value. The current Days Payable is 14.74, which is 20% above median its 10-year median of 12.31 and 72.3% below the Semiconductors industry median of 53.16. Giga Solar Materials' overall GF Score™ is 43/100 with 6 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 Giga Solar Materials (ROCO:3691), the current Days Payable is 14.74 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?
Based on GuruFocus' analysis, Giga Solar Materials stock appears to be overvalued.
The current stock price of NT$130.50 is trading 28.8% above its estimated GF Value™ of NT$101.29.
GuruFocus considers Giga Solar Materials to be Modestly Overvalued.
Key valuation signals for ROCO:3691:
Days Payable: 14.74 (20% above median its 10-year median of 12.31)
GF Value™: NT$101.29 vs. price of NT$130.50 (28.8% above fair value)
Industry Position: 72.3% below the Semiconductors median (#944 of 999)
No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
43GF Score
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