Litemax Electronics (ROCO:4995) Days Payable: 55.32 (As of Dec. 2025) — Near Median


ROCO:4995 Litemax Electronics Inc ROCO:4995
85 GF Score
Price NT$46.05
GF Value NT$49.00
Valuation Fairly Valued
! 5 Warning Signs
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What is Litemax Electronics Days Payable?

Litemax Electronics ROCO:4995 85 Days Payable is 55.32 as of Dec. 2025, which is 3% above its 10-year median of 53.76. GuruFocus rates ROCO:4995 with a GF Score™ of 85/100 and a GF Value™ of NT$49.00 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,445 Hardware companies, Litemax Electronics ranks worse than 59.92% on this metric.

Litemax Electronics's average Accounts Payable for the three months ended in Dec. 2025 was NT$144 Mil. Litemax Electronics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$238 Mil. Hence, Litemax Electronics's Days Payable for the three months ended in Dec. 2025 was 55.32.

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

ROCO:4995' s Days Payable Range Over the Past 10 Years
Min: 33.73   Med: 53.76   Max: 64.26
Current: 58.85

During the past 13 years, Litemax Electronics's highest Days Payable was 64.26. The lowest was 33.73. And the median was 53.76.

ROCO:4995's Days Payable is ranked worse than
59.92% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:4995: 58.85

Litemax Electronics's Days Payable declined from Dec. 2024 (57.83) to Dec. 2025 (55.32). It may suggest that Litemax Electronics accelerated paying its suppliers.


Litemax Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Litemax Electronics'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.

Litemax Electronics Days Payable Chart

Litemax Electronics 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 51.81 59.62 63.09 55.70 64.26

Litemax Electronics 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 57.83 64.30 53.98 57.10 55.32

ROCO:4995 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Litemax Electronics'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.


Litemax Electronics Days Payable vs Hardware Industry

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

* The bar in red indicates where Litemax Electronics's Days Payable falls into.


ROCO:4995
85GF Score
Litemax Electronics Inc ROCO:4995
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Litemax Electronics 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.

Litemax Electronics'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
=( (148.41 + 163.203) / 2 ) / 884.986*365
=155.8065 / 884.986*365
=64.26

Litemax Electronics'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
=( (125.43 + 163.203) / 2 ) / 238.028*365 / 4
=144.3165 / 238.028*365 / 4
=55.32

* 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 55.32 mean?
Litemax Electronics (ROCO:4995) has a Days Payable of 55.32 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 Litemax Electronics and its competitors. This is near median its historical median of 53.76. Over the past decade, Litemax Electronics' Days Payable has ranged from 33.73 to 64.26. According to the industry distribution chart, Litemax Electronics ranks #1465 out of 2445 companies in the Hardware industry, placing it in the top 59.9%.
Is Litemax Electronics' Days Payable too high?
Litemax Electronics' current Days Payable of 55.32 is near median its 10-year median of 53.76. Over the past 10 years, this metric has ranged from a low of 33.73 to a high of 64.26. The Hardware industry median Days Payable is 70.06. Litemax Electronics' value of 55.32 is 21% below this industry median. Based on the distribution chart, Litemax Electronics ranks #1465 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Litemax Electronics has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litemax Electronics' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Litemax Electronics ranks #1465 out of 2445 companies for Days Payable. This places Litemax Electronics in the lower half of its industry. The industry median Days Payable is 70.06. Litemax Electronics' value of 55.32 is 21% below this benchmark. Historically, Litemax Electronics' own Days Payable has ranged from 33.73 to 64.26 over the past decade. While the company's 10-year median is 53.76 vs. the industry median of 70.06, Litemax Electronics 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. Litemax Electronics's current Days Payable of 55.32 is 21% 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 Litemax Electronics 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. Litemax Electronics's current Days Payable is 55.32, which is near median its own 10-year median of 53.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litemax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Litemax Electronics (ROCO:4995) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.00, compared to a current price of NT$46.05 — trading 6% below its estimated fair value. The current Days Payable is 55.32, which is near median its 10-year median of 53.76 and 21% below the Hardware industry median of 70.06. Litemax Electronics' overall GF Score™ is 85/100 with 5 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 Litemax Electronics (ROCO:4995), the current Days Payable is 55.32 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 Litemax Electronics (ROCO:4995) Overvalued in 2026?

Based on GuruFocus' analysis, Litemax Electronics stock appears to be undervalued. The current stock price of NT$46.05 is trading 6% below its estimated GF Value™ of NT$49.00. GuruFocus considers Litemax Electronics to be Fairly Valued.

Key valuation signals for ROCO:4995:

  • Days Payable: 55.32 (near median its 10-year median of 53.76)
  • GF Value™: NT$49.00 vs. price of NT$46.05 (6% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 21% below the Hardware median (#1465 of 2445)

No single metric tells the full story. See the ROCO:4995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Litemax Electronics Business Description

Address No. 137, Lane 235, Baoqiao Road, 8th Floor, Xindian District, New Taipei, TWN, 23145
Litemax Electronics Inc is engaged in research, development, manufacturing and selling high-brightness LCD panels and LCD monitors. The company's products are used in marine; gaming; military and defence; industrial; transportation; digital signage, heavy duty, and other markets. Some of its products include Spanpixel - Resizing LCDs, Durapixel - Sunlight readable LCDs, Navpixel - Marine Computing, Embedded Motherboards, Waterproof Panel PCs, Intel Smart Display Module Panel PC, HDMI Daisy Chain Board, and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.
85GF Score

Get the complete analysis for ROCO:4995

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

NT$46.05
Price
NT$49.00
GF Value