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Max Echo TechnologyROCO:5228 -4.48%40 Days Payable is 42.40 as of Dec. 2025, which is 38% above its 10-year median of 30.74. GuruFocus rates ROCO:5228 with a GF Score™ of 40/100 and a GF Value™ of NT$21.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,442 Hardware companies, Max Echo Technology ranks worse than 75.72% on this metric.
The historical rank and industry rank for Max Echo Technology's Days Payable or its related term are showing as below:
ROCO:5228'
s Days Payable Range Over the Past 10 Years
Min: 22.91 Med: 30.74 Max: 41.48
Current: 41.48
During the past 13 years, Max Echo Technology's highest Days Payable was 41.48. The lowest was 22.91. And the median was 30.74.
ROCO:5228's Days Payable is ranked worse than 75.72% of 2442
companies
in the Hardware industry
Industry Median: 69.89
vs ROCO:5228: 41.48
Max Echo Technology's Days Payable
declined
from Dec. 2024 (45.47) to Dec. 2025 (42.40).
It may suggest that Max Echo Technologyaccelerated paying its suppliers.
Max Echo Technology Days Payable Related Terms
Max Echo Technology Days Payable Historical Data
* Premium members only.
The historical data trend for Max Echo 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.
For the Electronic Components subindustry, Max Echo 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.
Max Echo Technology Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Max Echo Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Max Echo Technology'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.
Max Echo Technology'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.
Max Echo Technology (ROCO:5228) has a Days Payable of 42.40 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 Max Echo Technology and its competitors. This is 38% above median its historical median of 30.74. Over the past decade, Max Echo Technology's Days Payable has ranged from 22.91 to 41.48. According to the industry distribution chart, Max Echo Technology ranks #1849 out of 2442 companies in the Hardware industry, placing it in the top 75.7%.
Is Max Echo Technology's Days Payable too high?
Max Echo Technology's current Days Payable of 42.40 is 38% above median its 10-year median of 30.74. Over the past 10 years, this metric has ranged from a low of 22.91 to a high of 41.48. The Hardware industry median Days Payable is 69.89. Max Echo Technology's value of 42.40 is 39.3% below this industry median. Based on the distribution chart, Max Echo Technology ranks #1849 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Max Echo Technology has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Max Echo Technology's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Max Echo Technology ranks #1849 out of 2442 companies for Days Payable. This places Max Echo Technology in the lower half of its industry. The industry median Days Payable is 69.89. Max Echo Technology's value of 42.40 is 39.3% below this benchmark. Historically, Max Echo Technology's own Days Payable has ranged from 22.91 to 41.48 over the past decade. While the company's 10-year median is 30.74 vs. the industry median of 69.89, Max Echo 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Max Echo Technology's current Days Payable of 42.40 is 39.3% 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 Max Echo Technology and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Echo Technology's current Days Payable is 42.40, which is 38% above median its own 10-year median of 30.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Echo Technology stock overvalued right now?
Based on GuruFocus' analysis, Max Echo Technology (ROCO:5228) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.29, compared to a current price of NT$41.60 — trading 95.4% above its estimated fair value. The current Days Payable is 42.40, which is 38% above median its 10-year median of 30.74 and 39.3% below the Hardware industry median of 69.89. Max Echo Technology's overall GF Score™ is 40/100 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 Max Echo Technology (ROCO:5228), the current Days Payable is 42.40 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 Max Echo Technology (ROCO:5228) Overvalued in 2026?
Based on GuruFocus' analysis, Max Echo Technology stock appears to be overvalued.
The current stock price of NT$41.60 is trading 95.4% above its estimated GF Value™ of NT$21.29.
GuruFocus considers Max Echo Technology to be Significantly Overvalued.
Key valuation signals for ROCO:5228:
Days Payable: 42.40 (38% above median its 10-year median of 30.74)
GF Value™: NT$21.29 vs. price of NT$41.60 (95.4% above fair value)
Industry Position: 39.3% below the Hardware median (#1849 of 2442)
No single metric tells the full story. See the ROCO:5228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max Echo Technology Corp is a Taiwan-based company that manufactures and sells SMD multilayer inductors and beads. Its products include multilayer GHz high-frequency ferrite chip beads, multilayer ferrite chip beads, multilayer balun transformers, and multilayer power inductors.
40GF Score
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