First Hi-Tec CoROCO:5439 83 Days Payable is 122.24 as of Dec. 2025, which is 40% above its 10-year median of 87.02. GuruFocus rates ROCO:5439 with a GF Score™ of 83/100 and a GF Value™ of NT$262.46 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,445 Hardware companies, First Hi-Tec Co ranks better than 71.57% on this metric.
The historical rank and industry rank for First Hi-Tec Co's Days Payable or its related term are showing as below:
ROCO:5439'
s Days Payable Range Over the Past 10 Years
Min: 73.01 Med: 87.02 Max: 107.39
Current: 107.39
During the past 13 years, First Hi-Tec Co's highest Days Payable was 107.39. The lowest was 73.01. And the median was 87.02.
ROCO:5439's Days Payable is ranked better than 71.57% of 2445
companies
in the Hardware industry
Industry Median: 70.06
vs ROCO:5439: 107.39
First Hi-Tec Co's Days Payable
increased
from Dec. 2024 (99.98) to Dec. 2025 (122.24).
It may suggest that First Hi-Tec Codelayed paying its suppliers.
First Hi-Tec Co Days Payable Related Terms
First Hi-Tec Co Days Payable Historical Data
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The historical data trend for First Hi-Tec Co'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.
For the Electronic Components subindustry, First Hi-Tec Co'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.
First Hi-Tec Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, First Hi-Tec Co's Days Payable distribution charts can be found below:
* The bar in red indicates where First Hi-Tec Co's Days Payable falls into.
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.
First Hi-Tec Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
First Hi-Tec Co (ROCO:5439) has a Days Payable of 122.24 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 First Hi-Tec Co and its competitors. This is 40% above median its historical median of 87.02. Over the past decade, First Hi-Tec Co's Days Payable has ranged from 73.01 to 107.39. According to the industry distribution chart, First Hi-Tec Co ranks #695 out of 2445 companies in the Hardware industry, placing it in the top 28.4%.
Is First Hi-Tec Co's Days Payable too high?
First Hi-Tec Co's current Days Payable of 122.24 is 40% above median its 10-year median of 87.02. Over the past 10 years, this metric has ranged from a low of 73.01 to a high of 107.39. The Hardware industry median Days Payable is 70.06. First Hi-Tec Co's value of 122.24 is 74.5% above this industry median. Based on the distribution chart, First Hi-Tec Co ranks #695 out of 2445 companies in the Hardware industry, which is above the industry midpoint. Overall, First Hi-Tec Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, First Hi-Tec Co ranks #695 out of 2445 companies for Days Payable. This puts First Hi-Tec Co in the upper half of its industry. The industry median Days Payable is 70.06. First Hi-Tec Co's value of 122.24 is 74.5% above this benchmark. Historically, First Hi-Tec Co's own Days Payable has ranged from 73.01 to 107.39 over the past decade. While the company's 10-year median is 87.02 vs. the industry median of 70.06, First Hi-Tec Co 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. First Hi-Tec Co's current Days Payable of 122.24 is 74.5% 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 First Hi-Tec Co 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. First Hi-Tec Co's current Days Payable is 122.24, which is 40% above median its own 10-year median of 87.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$262.46, compared to a current price of NT$325.50 — trading 24% above its estimated fair value. The current Days Payable is 122.24, which is 40% above median its 10-year median of 87.02 and 74.5% above the Hardware industry median of 70.06. First Hi-Tec Co's overall GF Score™ is 83/100 with 5 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 First Hi-Tec Co (ROCO:5439), the current Days Payable is 122.24 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 First Hi-Tec Co (ROCO:5439) Overvalued in 2026?
Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be overvalued.
The current stock price of NT$325.50 is trading 24% above its estimated GF Value™ of NT$262.46.
GuruFocus considers First Hi-Tec Co to be Modestly Overvalued.
Key valuation signals for ROCO:5439:
Days Payable: 122.24 (40% above median its 10-year median of 87.02)
GF Value™: NT$262.46 vs. price of NT$325.50 (24% above fair value)
Industry Position: 74.5% above the Hardware median (#695 of 2445)
No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
83GF Score
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