New Era Electronics CoROCO:4909 45 Days Payable is 21.24 as of Dec. 2025, which is 44% below its 10-year median of 38.01. GuruFocus rates ROCO:4909 with a GF Score™ of 45/100 and a GF Value™ of NT$12.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,445 Hardware companies, New Era Electronics Co ranks worse than 93.25% on this metric.
* 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, New Era Electronics 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.
New Era Electronics Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, New Era Electronics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where New Era Electronics 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.
New Era Electronics 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.
New Era Electronics Co (ROCO:4909) has a Days Payable of 21.24 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 New Era Electronics Co and its competitors. This is 44% below median its historical median of 38.01. Over the past decade, New Era Electronics Co's Days Payable has ranged from 13.61 to 58.05. According to the industry distribution chart, New Era Electronics Co ranks #2280 out of 2445 companies in the Hardware industry, placing it in the top 93.3%.
Is New Era Electronics Co's Days Payable too high?
New Era Electronics Co's current Days Payable of 21.24 is 44% below median its 10-year median of 38.01. Over the past 10 years, this metric has ranged from a low of 13.61 to a high of 58.05. The Hardware industry median Days Payable is 70.06. New Era Electronics Co's value of 21.24 is 69.7% below this industry median. Based on the distribution chart, New Era Electronics Co ranks #2280 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, New Era Electronics Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Era Electronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, New Era Electronics Co ranks #2280 out of 2445 companies for Days Payable. This places New Era Electronics Co in the lower half of its industry. The industry median Days Payable is 70.06. New Era Electronics Co's value of 21.24 is 69.7% below this benchmark. Historically, New Era Electronics Co's own Days Payable has ranged from 13.61 to 58.05 over the past decade. While the company's 10-year median is 38.01 vs. the industry median of 70.06, New Era Electronics 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 70.06, based on 2,445 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. New Era Electronics Co's current Days Payable of 21.24 is 69.7% 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 New Era Electronics Co 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. New Era Electronics Co's current Days Payable is 21.24, which is 44% below median its own 10-year median of 38.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Era Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, New Era Electronics Co (ROCO:4909) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.32, compared to a current price of NT$42.10 — trading 241.7% above its estimated fair value. The current Days Payable is 21.24, which is 44% below median its 10-year median of 38.01 and 69.7% below the Hardware industry median of 70.06. New Era Electronics Co's overall GF Score™ is 45/100 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 New Era Electronics Co (ROCO:4909), the current Days Payable is 21.24 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 New Era Electronics Co (ROCO:4909) Overvalued in 2026?
Based on GuruFocus' analysis, New Era Electronics Co stock appears to be overvalued.
The current stock price of NT$42.10 is trading 241.7% above its estimated GF Value™ of NT$12.32.
GuruFocus considers New Era Electronics Co to be Significantly Overvalued.
Key valuation signals for ROCO:4909:
Days Payable: 21.24 (44% below median its 10-year median of 38.01)
GF Value™: NT$12.32 vs. price of NT$42.10 (241.7% above fair value)
Industry Position: 69.7% below the Hardware median (#2280 of 2445)
No single metric tells the full story. See the ROCO:4909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Era Electronics Co Ltd is a Taiwan-based company that engages in the manufacture, and sale of printed circuit boards (PCB). The company is also engaged in the import and export of electronic products, electronic component manufacturing, telecommunications construction, wholesale of telecommunications apparatus, and wholesale and retail sales of electronic materials. The products of the company include high-frequency (HF) microwave communication substrates and printed circuit boards (PCBs).
45GF Score
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