Asia Electronic Material CoROCO:4939 47 Days Payable is 59.69 as of Dec. 2025, which is 34% above its 10-year median of 44.49. GuruFocus rates ROCO:4939 with a GF Score™ of 47/100 and a GF Value™ of NT$18.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,445 Hardware companies, Asia Electronic Material Co ranks worse than 63.44% 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, Asia Electronic Material 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.
Asia Electronic Material Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Asia Electronic Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Asia Electronic Material Co's Days Payable falls into.
Asia Electronic Material 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.
* 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.
Asia Electronic Material Co (ROCO:4939) has a Days Payable of 59.69 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 Asia Electronic Material Co and its competitors. This is 34% above median its historical median of 44.49. Over the past decade, Asia Electronic Material Co's Days Payable has ranged from 31.52 to 62.75. According to the industry distribution chart, Asia Electronic Material Co ranks #1551 out of 2445 companies in the Hardware industry, placing it in the top 63.4%.
Is Asia Electronic Material Co's Days Payable too high?
Asia Electronic Material Co's current Days Payable of 59.69 is 34% above median its 10-year median of 44.49. Over the past 10 years, this metric has ranged from a low of 31.52 to a high of 62.75. The Hardware industry median Days Payable is 70.06. Asia Electronic Material Co's value of 59.69 is 14.8% below this industry median. Based on the distribution chart, Asia Electronic Material Co ranks #1551 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Asia Electronic Material Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Electronic Material Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Electronic Material Co ranks #1551 out of 2445 companies for Days Payable. This places Asia Electronic Material Co in the lower half of its industry. The industry median Days Payable is 70.06. Asia Electronic Material Co's value of 59.69 is 14.8% below this benchmark. Historically, Asia Electronic Material Co's own Days Payable has ranged from 31.52 to 62.75 over the past decade. While the company's 10-year median is 44.49 vs. the industry median of 70.06, Asia Electronic Material 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. Asia Electronic Material Co's current Days Payable of 59.69 is 14.8% 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 Asia Electronic Material 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. Asia Electronic Material Co's current Days Payable is 59.69, which is 34% above median its own 10-year median of 44.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Electronic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Electronic Material Co (ROCO:4939) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.26, compared to a current price of NT$56.60 — trading 210% above its estimated fair value. The current Days Payable is 59.69, which is 34% above median its 10-year median of 44.49 and 14.8% below the Hardware industry median of 70.06. Asia Electronic Material Co's overall GF Score™ is 47/100 with 7 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 Asia Electronic Material Co (ROCO:4939), the current Days Payable is 59.69 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 Asia Electronic Material Co (ROCO:4939) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Electronic Material Co stock appears to be overvalued.
The current stock price of NT$56.60 is trading 210% above its estimated GF Value™ of NT$18.26.
GuruFocus considers Asia Electronic Material Co to be Significantly Overvalued.
Key valuation signals for ROCO:4939:
Days Payable: 59.69 (34% above median its 10-year median of 44.49)
GF Value™: NT$18.26 vs. price of NT$56.60 (210% above fair value)
Industry Position: 14.8% below the Hardware median (#1551 of 2445)
No single metric tells the full story. See the ROCO:4939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Electronic Material Co Ltd is engaged in manufacture of electronic products and sale of electronic materials. Geographically, the company operates in Taiwan, China, and Other Countries, of which it derives maximum revenue from China. it mainly researches, develops, manufactures and markets flexible copper clad laminate (FCCL), coverlay (CL), stiffener and bonding sheet. Its products are used in Mobile phones, smart phones, digital cameras, laptop PCs, tablet PCs, LCD monitors, printer inkjet heads, hard drive heads, a variety of flat panel displays, touch modules, antenna panels, batteries and LED backlight module light bar etc.
47GF Score
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