Baotek Industrial Materials (ROCO:5340) Days Payable: 64.75 (As of Dec. 2025) — 17% Above Median


ROCO:5340 Baotek Industrial Materials Ltd ROCO:5340
80 GF Score
Price NT$82.80
GF Value NT$81.71
Valuation Fairly Valued
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What is Baotek Industrial Materials Days Payable?

Baotek Industrial Materials ROCO:5340 80 Days Payable is 64.75 as of Dec. 2025, which is 17% above its 10-year median of 55.42. GuruFocus rates ROCO:5340 with a GF Score™ of 80/100 and a GF Value™ of NT$81.71 (Fairly Valued). Among 1,015 Manufacturing - Apparel & Accessories companies, Baotek Industrial Materials ranks better than 59.21% on this metric.

Baotek Industrial Materials's average Accounts Payable for the three months ended in Dec. 2025 was NT$341 Mil. Baotek Industrial Materials's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$480 Mil. Hence, Baotek Industrial Materials's Days Payable for the three months ended in Dec. 2025 was 64.75.

The historical rank and industry rank for Baotek Industrial Materials's Days Payable or its related term are showing as below:

ROCO:5340' s Days Payable Range Over the Past 10 Years
Min: 49.17   Med: 55.42   Max: 69.55
Current: 65.67

During the past 13 years, Baotek Industrial Materials's highest Days Payable was 69.55. The lowest was 49.17. And the median was 55.42.

ROCO:5340's Days Payable is ranked better than
59.21% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs ROCO:5340: 65.67

Baotek Industrial Materials's Days Payable declined from Dec. 2024 (66.56) to Dec. 2025 (64.75). It may suggest that Baotek Industrial Materials accelerated paying its suppliers.


Baotek Industrial Materials Days Payable Historical Data

* Premium members only.

The historical data trend for Baotek Industrial Materials'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.

Baotek Industrial Materials Days Payable Chart

Baotek Industrial Materials 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 55.20 57.82 65.63 62.00 69.55

Baotek Industrial Materials 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 66.56 69.16 60.17 65.36 64.75

Baotek Industrial Materials Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Baotek Industrial Materials'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.


Baotek Industrial Materials Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Baotek Industrial Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where Baotek Industrial Materials's Days Payable falls into.


ROCO:5340
80GF Score
Baotek Industrial Materials Ltd ROCO:5340
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Baotek Industrial Materials 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.

Baotek Industrial Materials'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
=( (337.409 + 369.628) / 2 ) / 1855.16*365
=353.5185 / 1855.16*365
=69.55

Baotek Industrial Materials'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
=( (312.044 + 369.628) / 2 ) / 480.345*365 / 4
=340.836 / 480.345*365 / 4
=64.75

* 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 64.75 mean?
Baotek Industrial Materials (ROCO:5340) has a Days Payable of 64.75 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 Baotek Industrial Materials and its competitors. This is 17% above median its historical median of 55.42. Over the past decade, Baotek Industrial Materials' Days Payable has ranged from 49.17 to 69.55. According to the industry distribution chart, Baotek Industrial Materials ranks #414 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.8%.
Is Baotek Industrial Materials' Days Payable too high?
Baotek Industrial Materials' current Days Payable of 64.75 is 17% above median its 10-year median of 55.42. Over the past 10 years, this metric has ranged from a low of 49.17 to a high of 69.55. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Baotek Industrial Materials' value of 64.75 is 19.4% above this industry median. Based on the distribution chart, Baotek Industrial Materials ranks #414 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Baotek Industrial Materials has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baotek Industrial Materials' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Baotek Industrial Materials ranks #414 out of 1015 companies for Days Payable. This puts Baotek Industrial Materials in the upper half of its industry. The industry median Days Payable is 54.22. Baotek Industrial Materials' value of 64.75 is 19.4% above this benchmark. Historically, Baotek Industrial Materials' own Days Payable has ranged from 49.17 to 69.55 over the past decade. While the company's 10-year median is 55.42 vs. the industry median of 54.22, Baotek Industrial Materials has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. Baotek Industrial Materials's current Days Payable of 64.75 is 19.4% above 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 Baotek Industrial Materials and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baotek Industrial Materials's current Days Payable is 64.75, which is 17% above median its own 10-year median of 55.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baotek Industrial Materials stock overvalued right now?
Based on GuruFocus' analysis, Baotek Industrial Materials (ROCO:5340) is currently considered Fairly Valued. The stock's GF Value™ is NT$81.71, compared to a current price of NT$82.80 — trading 1.3% above its estimated fair value. The current Days Payable is 64.75, which is 17% above median its 10-year median of 55.42 and 19.4% above the Manufacturing - Apparel & Accessories industry median of 54.22. Baotek Industrial Materials' overall GF Score™ is 80/100. 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 Baotek Industrial Materials (ROCO:5340), the current Days Payable is 64.75 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 Baotek Industrial Materials (ROCO:5340) Overvalued in 2026?

Based on GuruFocus' analysis, Baotek Industrial Materials stock appears to be overvalued. The current stock price of NT$82.80 is trading 1.3% above its estimated GF Value™ of NT$81.71. GuruFocus considers Baotek Industrial Materials to be Fairly Valued.

Key valuation signals for ROCO:5340:

  • Days Payable: 64.75 (17% above median its 10-year median of 55.42)
  • GF Value™: NT$81.71 vs. price of NT$82.80 (1.3% above fair value)
  • GF Score™: 80/100
  • Industry Position: 19.4% above the Manufacturing - Apparel & Accessories median (#414 of 1015)

No single metric tells the full story. See the ROCO:5340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baotek Industrial Materials Business Description

Address No. 277, Minfeng Road, Yang Mei District, Taoyuan, TWN, 326
Baotek Industrial Materials Ltd is a Taiwan-based company engaged in manufacturing high-end fiberglass fabrics for copper-clad laminates of various electronic applications. It offers products for industrial purposes, such as aerospace fiberglass, filter bags, fiberglass sun shade, PTFE, and electronic products. Its Electronic Grade Fiberglass products encompass copper-clad laminates for electronic applications. The company generates the majority of its revenue from Taiwan and also has a presence in Japan, China, America, and Other countries.
80GF Score

Get the complete analysis for ROCO:5340

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

NT$82.80
Price
NT$81.71
GF Value