Pixon Technologies (ROCO:5248) Days Payable: 32.14 (As of Dec. 2025) — 31% Above Median


ROCO:5248 Pixon Technologies Corp ROCO:5248
67 GF Score
Price NT$38.10
GF Value NT$27.65
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pixon Technologies Days Payable?

Pixon Technologies ROCO:5248 67 Days Payable is 32.14 as of Dec. 2025, which is 31% above its 10-year median of 24.61. GuruFocus rates ROCO:5248 with a GF Score™ of 67/100 and a GF Value™ of NT$27.65 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,445 Hardware companies, Pixon Technologies ranks worse than 81.64% on this metric.

Pixon Technologies's average Accounts Payable for the six months ended in Dec. 2025 was NT$28.6 Mil. Pixon Technologies's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$162.7 Mil. Hence, Pixon Technologies's Days Payable for the six months ended in Dec. 2025 was 32.14.

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

ROCO:5248' s Days Payable Range Over the Past 10 Years
Min: 15.44   Med: 24.61   Max: 38.6
Current: 35.48

During the past 13 years, Pixon Technologies's highest Days Payable was 38.60. The lowest was 15.44. And the median was 24.61.

ROCO:5248's Days Payable is ranked worse than
81.64% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:5248: 35.48

Pixon Technologies's Days Payable increased from Dec. 2024 (31.35) to Dec. 2025 (32.14). It may suggest that Pixon Technologies delayed paying its suppliers.


Pixon Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Pixon Technologies'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.

Pixon Technologies Days Payable Chart

Pixon Technologies 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 32.37 31.38 22.61 26.61 38.60

Pixon Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 22.43 23.71 31.35 36.09 32.14

ROCO:5248 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Pixon Technologies'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.


Pixon Technologies Days Payable vs Hardware Industry

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

* The bar in red indicates where Pixon Technologies's Days Payable falls into.


ROCO:5248
67GF Score
Pixon Technologies Corp ROCO:5248
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pixon Technologies 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.

Pixon Technologies'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
=( (28.97 + 33.595) / 2 ) / 295.81*365
=31.2825 / 295.81*365
=38.60

Pixon Technologies'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (23.69 + 33.595) / 2 ) / 162.663*365 / 2
=28.6425 / 162.663*365 / 2
=32.14

* 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 32.14 mean?
Pixon Technologies (ROCO:5248) has a Days Payable of 32.14 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 Pixon Technologies and its competitors. This is 31% above median its historical median of 24.61. Over the past decade, Pixon Technologies' Days Payable has ranged from 15.44 to 38.60. According to the industry distribution chart, Pixon Technologies ranks #1996 out of 2445 companies in the Hardware industry, placing it in the top 81.6%.
Is Pixon Technologies' Days Payable too high?
Pixon Technologies' current Days Payable of 32.14 is 31% above median its 10-year median of 24.61. Over the past 10 years, this metric has ranged from a low of 15.44 to a high of 38.60. The Hardware industry median Days Payable is 70.06. Pixon Technologies' value of 32.14 is 54.1% below this industry median. Based on the distribution chart, Pixon Technologies ranks #1996 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pixon Technologies has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pixon Technologies' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Pixon Technologies ranks #1996 out of 2445 companies for Days Payable. This places Pixon Technologies in the lower half of its industry. The industry median Days Payable is 70.06. Pixon Technologies' value of 32.14 is 54.1% below this benchmark. Historically, Pixon Technologies' own Days Payable has ranged from 15.44 to 38.60 over the past decade. While the company's 10-year median is 24.61 vs. the industry median of 70.06, Pixon Technologies 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. Pixon Technologies's current Days Payable of 32.14 is 54.1% 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 Pixon Technologies 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. Pixon Technologies's current Days Payable is 32.14, which is 31% above median its own 10-year median of 24.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pixon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Pixon Technologies (ROCO:5248) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.65, compared to a current price of NT$38.10 — trading 37.8% above its estimated fair value. The current Days Payable is 32.14, which is 31% above median its 10-year median of 24.61 and 54.1% below the Hardware industry median of 70.06. Pixon Technologies' overall GF Score™ is 67/100 with 3 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 Pixon Technologies (ROCO:5248), the current Days Payable is 32.14 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 Pixon Technologies (ROCO:5248) Overvalued in 2026?

Based on GuruFocus' analysis, Pixon Technologies stock appears to be overvalued. The current stock price of NT$38.10 is trading 37.8% above its estimated GF Value™ of NT$27.65. GuruFocus considers Pixon Technologies to be Significantly Overvalued.

Key valuation signals for ROCO:5248:

  • Days Payable: 32.14 (31% above median its 10-year median of 24.61)
  • GF Value™: NT$27.65 vs. price of NT$38.10 (37.8% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 54.1% below the Hardware median (#1996 of 2445)

No single metric tells the full story. See the ROCO:5248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pixon Technologies Business Description

Address No. 52, Minquan Road, 9th Floor, Xindian District, New Taipei City, TWN, 23141
Pixon Technologies Corp is a Taiwan based company operating in the imaging and optical component industry. Its designs and manufactures color CIS modules, imaging lens arrays, and linear illumination products. The products of the company include a linear light guide, CIS module, linear micro lens array, COB chip on board, and 3-in-1 module. The entity's product application provides document scanning and printing, fax, photocopiers, MFP multifunction printers, banknote counterfeit machines, lottery, electronic whiteboard, large format textile and paper printing and scanning, and other visual inspection.
67GF Score

Get the complete analysis for ROCO:5248

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

NT$38.10
Price
NT$27.65
GF Value