Etron Technology (ROCO:5351) Days Payable: 58.26 (As of Dec. 2025) — 13% Below Median

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ROCO:5351 Etron Technology Inc ROCO:5351
38 GF Score
Price NT$84.80
GF Value NT$42.03
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Etron Technology Days Payable?

Etron Technology ROCO:5351 -3.42% 38 Days Payable is 58.26 as of Dec. 2025, which is 13% below its 10-year median of 66.82. GuruFocus rates ROCO:5351 with a GF Score™ of 38/100 and a GF Value™ of NT$42.03 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 999 Semiconductors companies, Etron Technology ranks better than 63.96% on this metric.

Etron Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$786 Mil. Etron Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,231 Mil. Hence, Etron Technology's Days Payable for the three months ended in Dec. 2025 was 58.26.

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

ROCO:5351' s Days Payable Range Over the Past 10 Years
Min: 51.45   Med: 66.82   Max: 85.43
Current: 67.67

During the past 13 years, Etron Technology's highest Days Payable was 85.43. The lowest was 51.45. And the median was 66.82.

ROCO:5351's Days Payable is ranked better than
63.96% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs ROCO:5351: 67.67

Etron Technology's Days Payable declined from Dec. 2024 (88.81) to Dec. 2025 (58.26). It may suggest that Etron Technology accelerated paying its suppliers.


Etron Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Etron 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.

Etron Technology Days Payable Chart

Etron 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 69.81 85.43 72.33 60.28 78.42

Etron 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 88.81 88.17 65.66 59.44 58.26

ROCO:5351 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Etron 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.


Etron Technology Days Payable vs Semiconductors Industry

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

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


ROCO:5351
38GF Score
Etron Technology Inc ROCO:5351
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etron 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.

Etron 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
=( (600.903 + 867.977) / 2 ) / 3418.415*365
=734.44 / 3418.415*365
=78.42

Etron 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
=( (703.601 + 867.977) / 2 ) / 1230.747*365 / 4
=785.789 / 1230.747*365 / 4
=58.26

* 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 58.26 mean?
Etron Technology (ROCO:5351) has a Days Payable of 58.26 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 Etron Technology and its competitors. This is 13% below median its historical median of 66.82. Over the past decade, Etron Technology's Days Payable has ranged from 51.45 to 85.43. According to the industry distribution chart, Etron Technology ranks #360 out of 999 companies in the Semiconductors industry, placing it in the top 36%.
Is Etron Technology's Days Payable too high?
Etron Technology's current Days Payable of 58.26 is 13% below median its 10-year median of 66.82. Over the past 10 years, this metric has ranged from a low of 51.45 to a high of 85.43. The Semiconductors industry median Days Payable is 53.06. Etron Technology's value of 58.26 is 9.8% above this industry median. Based on the distribution chart, Etron Technology ranks #360 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Etron Technology has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etron Technology's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Etron Technology ranks #360 out of 999 companies for Days Payable. This puts Etron Technology in the upper half of its industry. The industry median Days Payable is 53.06. Etron Technology's value of 58.26 is 9.8% above this benchmark. Historically, Etron Technology's own Days Payable has ranged from 51.45 to 85.43 over the past decade. While the company's 10-year median is 66.82 vs. the industry median of 53.06, Etron Technology 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Etron Technology's current Days Payable of 58.26 is 9.8% 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 Etron Technology and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etron Technology's current Days Payable is 58.26, which is 13% below median its own 10-year median of 66.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etron Technology stock overvalued right now?
Based on GuruFocus' analysis, Etron Technology (ROCO:5351) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$42.03, compared to a current price of NT$84.80 — trading 101.8% above its estimated fair value. The current Days Payable is 58.26, which is 13% below median its 10-year median of 66.82 and 9.8% above the Semiconductors industry median of 53.06. Etron Technology's overall GF Score™ is 38/100 with 2 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 Etron Technology (ROCO:5351), the current Days Payable is 58.26 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 Etron Technology (ROCO:5351) Overvalued in 2026?

Based on GuruFocus' analysis, Etron Technology stock appears to be overvalued. The current stock price of NT$84.80 is trading 101.8% above its estimated GF Value™ of NT$42.03. GuruFocus considers Etron Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5351:

  • Days Payable: 58.26 (13% below median its 10-year median of 66.82)
  • GF Value™: NT$42.03 vs. price of NT$84.80 (101.8% above fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 9.8% above the Semiconductors median (#360 of 999)

No single metric tells the full story. See the ROCO:5351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etron Technology Business Description

Address No. 6 Technology Road 5, Hsinchu Science Park, Hsinchu, TWN, 30078
Etron Technology Inc is engaged in the manufacturing and design of various integrated circuits. The Company is mainly engaged in the design, manufacturing, and sale of niche memory chips. Its product portfolio consists of Memory ICs, which include Commercial DRAM, Industrial DRAM, Automotive DRAM, Known Good Die, DRAM, and Flash; and Logic ICs, which include USB and 3D Sensing. Geographically, the company operates in Taiwan, Asia, and other countries. The majority of its revenue is generated from the Asia region.
38GF Score

Get the complete analysis for ROCO:5351

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

NT$84.80
Price
NT$42.03
GF Value