Penpower Technology (ROCO:5211) Days Payable: 13.70 (As of Dec. 2025) — 64% Below Median


ROCO:5211 Penpower Technology Ltd ROCO:5211
67 GF Score
Price NT$22.20
GF Value NT$36.70
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Penpower Technology Days Payable?

Penpower Technology ROCO:5211 67 Days Payable is 13.70 as of Dec. 2025, which is 64% below its 10-year median of 37.73. GuruFocus rates ROCO:5211 with a GF Score™ of 67/100 and a GF Value™ of NT$36.70 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,605 Software companies, Penpower Technology ranks worse than 81.73% on this metric.

Penpower Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$5.1 Mil. Penpower Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$34.1 Mil. Hence, Penpower Technology's Days Payable for the three months ended in Dec. 2025 was 13.70.

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

ROCO:5211' s Days Payable Range Over the Past 10 Years
Min: 17.1   Med: 37.73   Max: 62.19
Current: 19.06

During the past 13 years, Penpower Technology's highest Days Payable was 62.19. The lowest was 17.10. And the median was 37.73.

ROCO:5211's Days Payable is ranked worse than
81.73% of 2605 companies
in the Software industry
Industry Median: 52.79 vs ROCO:5211: 19.06

Penpower Technology's Days Payable declined from Dec. 2024 (31.25) to Dec. 2025 (13.70). It may suggest that Penpower Technology accelerated paying its suppliers.


Penpower Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Penpower 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.

Penpower Technology Days Payable Chart

Penpower 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 35.49 28.03 35.81 36.67 17.10

Penpower 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 31.25 31.57 22.18 16.23 13.70

ROCO:5211 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Penpower 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.


Penpower Technology Days Payable vs Software Industry

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

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


ROCO:5211
67GF Score
Penpower Technology Ltd ROCO:5211
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Penpower 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.

Penpower 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
=( (7.228 + 3.325) / 2 ) / 112.634*365
=5.2765 / 112.634*365
=17.10

Penpower 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
=( (6.903 + 3.325) / 2 ) / 34.074*365 / 4
=5.114 / 34.074*365 / 4
=13.70

* 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 13.70 mean?
Penpower Technology (ROCO:5211) has a Days Payable of 13.70 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 Penpower Technology and its competitors. This is 64% below median its historical median of 37.73. Over the past decade, Penpower Technology's Days Payable has ranged from 17.10 to 62.19. According to the industry distribution chart, Penpower Technology ranks #2129 out of 2605 companies in the Software industry, placing it in the top 81.7%.
Is Penpower Technology's Days Payable too high?
Penpower Technology's current Days Payable of 13.70 is 64% below median its 10-year median of 37.73. Over the past 10 years, this metric has ranged from a low of 17.10 to a high of 62.19. The Software industry median Days Payable is 52.79. Penpower Technology's value of 13.70 is 74% below this industry median. Based on the distribution chart, Penpower Technology ranks #2129 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Penpower Technology has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Penpower Technology's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Penpower Technology ranks #2129 out of 2605 companies for Days Payable. This places Penpower Technology in the lower half of its industry. The industry median Days Payable is 52.79. Penpower Technology's value of 13.70 is 74% below this benchmark. Historically, Penpower Technology's own Days Payable has ranged from 17.10 to 62.19 over the past decade. While the company's 10-year median is 37.73 vs. the industry median of 52.79, Penpower 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. Penpower Technology's current Days Payable of 13.70 is 74% 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 Penpower Technology and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Penpower Technology's current Days Payable is 13.70, which is 64% below median its own 10-year median of 37.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penpower Technology stock overvalued right now?
Based on GuruFocus' analysis, Penpower Technology (ROCO:5211) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$36.70, compared to a current price of NT$22.20 — trading 39.5% below its estimated fair value. The current Days Payable is 13.70, which is 64% below median its 10-year median of 37.73 and 74% below the Software industry median of 52.79. Penpower Technology's overall GF Score™ is 67/100 with 1 warning sign 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 Penpower Technology (ROCO:5211), the current Days Payable is 13.70 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 Penpower Technology (ROCO:5211) Overvalued in 2026?

Based on GuruFocus' analysis, Penpower Technology stock appears to be undervalued. The current stock price of NT$22.20 is trading 39.5% below its estimated GF Value™ of NT$36.70. GuruFocus considers Penpower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5211:

  • Days Payable: 13.70 (64% below median its 10-year median of 37.73)
  • GF Value™: NT$36.70 vs. price of NT$22.20 (39.5% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 74% below the Software median (#2129 of 2605)

No single metric tells the full story. See the ROCO:5211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Penpower Technology Business Description

Address Guangfu Road, Section 2, 7th Floor, No.47, Lane 2, Hsinchu, TWN, 30071
Penpower Technology Ltd is a smart human-machine interface core technology research and development company. The company is engaged in the manufacturing and distribution of software products. It offers products based on its handwriting recognition, voice recognition, optical character recognition, business card recognition, biometrics recognition, and security technologies. The technologies serve different industries such as PC, mobile devices, communication transmission, internet, and information appliances. It has operations in Hong Kong, Singapore, China, and the United States.
67GF Score

Get the complete analysis for ROCO:5211

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

NT$22.20
Price
NT$36.70
GF Value