Ledlink Optics (ROCO:5230) Days Payable: 63.74 (As of Dec. 2025) — 17% Above Median

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ROCO:5230 Ledlink Optics Inc ROCO:5230
68 GF Score
Price NT$18.35
GF Value NT$20.29
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ledlink Optics Days Payable?

Ledlink Optics ROCO:5230 -0.54% 68 Days Payable is 63.74 as of Dec. 2025, which is 17% above its 10-year median of 54.69. GuruFocus rates ROCO:5230 with a GF Score™ of 68/100 and a GF Value™ of NT$20.29 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,442 Hardware companies, Ledlink Optics ranks worse than 55.69% on this metric.

Ledlink Optics's average Accounts Payable for the three months ended in Dec. 2025 was NT$183 Mil. Ledlink Optics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$262 Mil. Hence, Ledlink Optics's Days Payable for the three months ended in Dec. 2025 was 63.74.

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

ROCO:5230' s Days Payable Range Over the Past 10 Years
Min: 44.56   Med: 54.69   Max: 73.9
Current: 63.21

During the past 13 years, Ledlink Optics's highest Days Payable was 73.90. The lowest was 44.56. And the median was 54.69.

ROCO:5230's Days Payable is ranked worse than
55.69% of 2442 companies
in the Hardware industry
Industry Median: 69.935 vs ROCO:5230: 63.21

Ledlink Optics's Days Payable declined from Dec. 2024 (70.24) to Dec. 2025 (63.74). It may suggest that Ledlink Optics accelerated paying its suppliers.


Ledlink Optics Days Payable Historical Data

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The historical data trend for Ledlink Optics'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.

Ledlink Optics Days Payable Chart

Ledlink Optics 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 53.95 61.80 71.41 64.16 73.90

Ledlink Optics 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 70.24 69.13 53.04 56.87 63.74

ROCO:5230 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Ledlink Optics'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.


Ledlink Optics Days Payable vs Hardware Industry

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

* The bar in red indicates where Ledlink Optics's Days Payable falls into.


ROCO:5230
68GF Score
Ledlink Optics Inc ROCO:5230
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ledlink Optics 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.

Ledlink Optics'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
=( (207.142 + 201.802) / 2 ) / 1009.948*365
=204.472 / 1009.948*365
=73.90

Ledlink Optics'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
=( (164.5 + 201.802) / 2 ) / 262.2*365 / 4
=183.151 / 262.2*365 / 4
=63.74

* 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 63.74 mean?
Ledlink Optics (ROCO:5230) has a Days Payable of 63.74 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 Ledlink Optics and its competitors. This is 17% above median its historical median of 54.69. Over the past decade, Ledlink Optics' Days Payable has ranged from 44.56 to 73.90. According to the industry distribution chart, Ledlink Optics ranks #1360 out of 2442 companies in the Hardware industry, placing it in the top 55.7%.
Is Ledlink Optics' Days Payable too high?
Ledlink Optics' current Days Payable of 63.74 is 17% above median its 10-year median of 54.69. Over the past 10 years, this metric has ranged from a low of 44.56 to a high of 73.90. The Hardware industry median Days Payable is 69.94. Ledlink Optics' value of 63.74 is 8.9% below this industry median. Based on the distribution chart, Ledlink Optics ranks #1360 out of 2442 companies in the Hardware industry, which is below the industry midpoint. Overall, Ledlink Optics has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ledlink Optics' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Ledlink Optics ranks #1360 out of 2442 companies for Days Payable. This places Ledlink Optics in the lower half of its industry. The industry median Days Payable is 69.94. Ledlink Optics' value of 63.74 is 8.9% below this benchmark. Historically, Ledlink Optics' own Days Payable has ranged from 44.56 to 73.90 over the past decade. While the company's 10-year median is 54.69 vs. the industry median of 69.94, Ledlink Optics 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 69.94, 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. Ledlink Optics's current Days Payable of 63.74 is 8.9% 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 Ledlink Optics and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledlink Optics's current Days Payable is 63.74, which is 17% above median its own 10-year median of 54.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledlink Optics stock overvalued right now?
Based on GuruFocus' analysis, Ledlink Optics (ROCO:5230) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.29, compared to a current price of NT$18.35 — trading 9.6% below its estimated fair value. The current Days Payable is 63.74, which is 17% above median its 10-year median of 54.69 and 8.9% below the Hardware industry median of 69.94. Ledlink Optics' overall GF Score™ is 68/100 with 8 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 Ledlink Optics (ROCO:5230), the current Days Payable is 63.74 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 Ledlink Optics (ROCO:5230) Overvalued in 2026?

Based on GuruFocus' analysis, Ledlink Optics stock appears to be undervalued. The current stock price of NT$18.35 is trading 9.6% below its estimated GF Value™ of NT$20.29. GuruFocus considers Ledlink Optics to be Modestly Undervalued.

Key valuation signals for ROCO:5230:

  • Days Payable: 63.74 (17% above median its 10-year median of 54.69)
  • GF Value™: NT$20.29 vs. price of NT$18.35 (9.6% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 8.9% below the Hardware median (#1360 of 2442)

No single metric tells the full story. See the ROCO:5230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ledlink Optics Business Description

Address No. 655, Bannan Road, 15th Floor, Zhonghe District, New Taipei City, TWN
Ledlink Optics Inc is engaged in designing and manufacturing optics for emerging solid-state lighting companies such as Cree, Edison, Nichia, Osram, Lumileds, Samsung, Seoul, and other LED manufacturers. It offers lenses in a variety of packages with numerous beam pattern options and sizes, such as residential lighting, commercial lighting, street lighting, and architectural lighting.
68GF Score

Get the complete analysis for ROCO:5230

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

NT$18.35
Price
NT$20.29
GF Value