Spectrum Electrics (ROCO:5381) Days Payable: 77.55 (As of Dec. 2025) — 136% Above Median


ROCO:5381 Spectrum Electrics Corp ROCO:5381
72 GF Score
Price NT$27.25
GF Value NT$40.91
Valuation Possible Value Trap
! 8 Warning Signs
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What is Spectrum Electrics Days Payable?

Spectrum Electrics ROCO:5381 72 Days Payable is 77.55 as of Dec. 2025, which is 136% above its 10-year median of 32.81. GuruFocus rates ROCO:5381 with a GF Score™ of 72/100 and a GF Value™ of NT$40.91 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,445 Hardware companies, Spectrum Electrics ranks worse than 50.31% on this metric.

Spectrum Electrics's average Accounts Payable for the three months ended in Dec. 2025 was NT$317 Mil. Spectrum Electrics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$373 Mil. Hence, Spectrum Electrics's Days Payable for the three months ended in Dec. 2025 was 77.55.

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

ROCO:5381' s Days Payable Range Over the Past 10 Years
Min: 7.83   Med: 32.81   Max: 69.82
Current: 69.82

During the past 13 years, Spectrum Electrics's highest Days Payable was 69.82. The lowest was 7.83. And the median was 32.81.

ROCO:5381's Days Payable is ranked worse than
50.31% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:5381: 69.82

Spectrum Electrics's Days Payable increased from Dec. 2024 (70.89) to Dec. 2025 (77.55). It may suggest that Spectrum Electrics delayed paying its suppliers.


Spectrum Electrics Days Payable Historical Data

* Premium members only.

The historical data trend for Spectrum Electrics'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.

Spectrum Electrics Days Payable Chart

Spectrum Electrics 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 7.88 7.83 62.30 62.05 64.70

Spectrum Electrics 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 70.89 54.50 91.10 69.84 77.55

ROCO:5381 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Spectrum Electrics'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.


Spectrum Electrics Days Payable vs Hardware Industry

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

* The bar in red indicates where Spectrum Electrics's Days Payable falls into.


ROCO:5381
72GF Score
Spectrum Electrics Corp ROCO:5381
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectrum Electrics 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.

Spectrum Electrics'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
=( (284.675 + 296.394) / 2 ) / 1638.92*365
=290.5345 / 1638.92*365
=64.70

Spectrum Electrics'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
=( (337.574 + 296.394) / 2 ) / 372.983*365 / 4
=316.984 / 372.983*365 / 4
=77.55

* 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 77.55 mean?
Spectrum Electrics (ROCO:5381) has a Days Payable of 77.55 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 Spectrum Electrics and its competitors. This is 136% above median its historical median of 32.81. Over the past decade, Spectrum Electrics' Days Payable has ranged from 7.83 to 69.82. According to the industry distribution chart, Spectrum Electrics ranks #1230 out of 2445 companies in the Hardware industry, placing it in the top 50.3%.
Is Spectrum Electrics' Days Payable too high?
Spectrum Electrics' current Days Payable of 77.55 is 136% above median its 10-year median of 32.81. Over the past 10 years, this metric has ranged from a low of 7.83 to a high of 69.82. The Hardware industry median Days Payable is 70.06. Spectrum Electrics' value of 77.55 is 10.7% above this industry median. Based on the distribution chart, Spectrum Electrics ranks #1230 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Spectrum Electrics has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spectrum Electrics' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Spectrum Electrics ranks #1230 out of 2445 companies for Days Payable. This places Spectrum Electrics in the lower half of its industry. The industry median Days Payable is 70.06. Spectrum Electrics' value of 77.55 is 10.7% above this benchmark. Historically, Spectrum Electrics' own Days Payable has ranged from 7.83 to 69.82 over the past decade. While the company's 10-year median is 32.81 vs. the industry median of 70.06, Spectrum Electrics 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 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. Spectrum Electrics's current Days Payable of 77.55 is 10.7% 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 Spectrum Electrics 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. Spectrum Electrics's current Days Payable is 77.55, which is 136% above median its own 10-year median of 32.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Electrics stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Electrics (ROCO:5381) is currently considered Possible Value Trap. The stock's GF Value™ is NT$40.91, compared to a current price of NT$27.25 — trading 33.4% below its estimated fair value. The current Days Payable is 77.55, which is 136% above median its 10-year median of 32.81 and 10.7% above the Hardware industry median of 70.06. Spectrum Electrics' overall GF Score™ is 72/100 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 Spectrum Electrics (ROCO:5381), the current Days Payable is 77.55 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 Spectrum Electrics (ROCO:5381) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Electrics stock appears to be undervalued. The current stock price of NT$27.25 is trading 33.4% below its estimated GF Value™ of NT$40.91. GuruFocus considers Spectrum Electrics to be Possible Value Trap.

Key valuation signals for ROCO:5381:

  • Days Payable: 77.55 (136% above median its 10-year median of 32.81)
  • GF Value™: NT$40.91 vs. price of NT$27.25 (33.4% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 10.7% above the Hardware median (#1230 of 2445)

No single metric tells the full story. See the ROCO:5381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spectrum Electrics Business Description

Address No. 38-1, Dongyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Spectrum Electrics Corp is engaged in the manufacturing, processing, research and development and sales of drilling lubricating aluminum cover plates (LAE), multilayer laminated substrates (MLB), and environmentally friendly melamine boards (drilling pads), as well as its invested businesses in beauty and skin care products.
72GF Score

Get the complete analysis for ROCO:5381

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

NT$27.25
Price
NT$40.91
GF Value