Glotech Co (ROCO:5475) Days Payable: 34.35 (As of Dec. 2025) — 56% Below Median

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ROCO:5475 Glotech Co Ltd ROCO:5475
32 GF Score
Price NT$158.00
GF Value NT$23.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Glotech Co Days Payable?

Glotech Co ROCO:5475 -9.97% 32 Days Payable is 34.35 as of Dec. 2025, which is 56% below its 10-year median of 78.64. GuruFocus rates ROCO:5475 with a GF Score™ of 32/100 and a GF Value™ of NT$23.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Glotech Co ranks worse than 60.53% on this metric.

Glotech Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$81.1 Mil. Glotech Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$215.5 Mil. Hence, Glotech Co's Days Payable for the three months ended in Dec. 2025 was 34.35.

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

ROCO:5475' s Days Payable Range Over the Past 10 Years
Min: 39.54   Med: 78.64   Max: 184.71
Current: 43.57

During the past 13 years, Glotech Co's highest Days Payable was 184.71. The lowest was 39.54. And the median was 78.64.

ROCO:5475's Days Payable is ranked worse than
60.53% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18 vs ROCO:5475: 43.57

Glotech Co's Days Payable declined from Dec. 2024 (35.64) to Dec. 2025 (34.35). It may suggest that Glotech Co accelerated paying its suppliers.


Glotech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Glotech 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.

Glotech Co Days Payable Chart

Glotech Co 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 76.62 122.84 49.23 39.54 40.74

Glotech Co 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 35.64 55.93 49.44 42.15 34.35

Glotech Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Glotech 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.


Glotech Co Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Glotech Co's Days Payable falls into.


ROCO:5475
32GF Score
Glotech Co Ltd ROCO:5475
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Glotech Co 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.

Glotech Co'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
=( (80.719 + 76.859) / 2 ) / 705.971*365
=78.789 / 705.971*365
=40.74

Glotech Co'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
=( (85.349 + 76.859) / 2 ) / 215.462*365 / 4
=81.104 / 215.462*365 / 4
=34.35

* 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 34.35 mean?
Glotech Co (ROCO:5475) has a Days Payable of 34.35 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 Glotech Co and its competitors. This is 56% below median its historical median of 78.64. Over the past decade, Glotech Co's Days Payable has ranged from 39.54 to 184.71. According to the industry distribution chart, Glotech Co ranks #615 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.5%.
Is Glotech Co's Days Payable too high?
Glotech Co's current Days Payable of 34.35 is 56% below median its 10-year median of 78.64. Over the past 10 years, this metric has ranged from a low of 39.54 to a high of 184.71. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Glotech Co's value of 34.35 is 36.6% below this industry median. Based on the distribution chart, Glotech Co ranks #615 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Glotech Co has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glotech Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Glotech Co ranks #615 out of 1016 companies for Days Payable. This places Glotech Co in the lower half of its industry. The industry median Days Payable is 54.18. Glotech Co's value of 34.35 is 36.6% below this benchmark. Historically, Glotech Co's own Days Payable has ranged from 39.54 to 184.71 over the past decade. While the company's 10-year median is 78.64 vs. the industry median of 54.18, Glotech Co 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.18, based on 1,016 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. Glotech Co's current Days Payable of 34.35 is 36.6% 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 Glotech Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glotech Co's current Days Payable is 34.35, which is 56% below median its own 10-year median of 78.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glotech Co stock overvalued right now?
Based on GuruFocus' analysis, Glotech Co (ROCO:5475) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.19, compared to a current price of NT$158.00 — trading 581.3% above its estimated fair value. The current Days Payable is 34.35, which is 56% below median its 10-year median of 78.64 and 36.6% below the Manufacturing - Apparel & Accessories industry median of 54.18. Glotech Co's overall GF Score™ is 32/100 with 4 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 Glotech Co (ROCO:5475), the current Days Payable is 34.35 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 Glotech Co (ROCO:5475) Overvalued in 2026?

Based on GuruFocus' analysis, Glotech Co stock appears to be overvalued. The current stock price of NT$158.00 is trading 581.3% above its estimated GF Value™ of NT$23.19. GuruFocus considers Glotech Co to be Significantly Overvalued.

Key valuation signals for ROCO:5475:

  • Days Payable: 34.35 (56% below median its 10-year median of 78.64)
  • GF Value™: NT$23.19 vs. price of NT$158.00 (581.3% above fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 36.6% below the Manufacturing - Apparel & Accessories median (#615 of 1016)

No single metric tells the full story. See the ROCO:5475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glotech Co Business Description

Address No.718, Section 2, Yang-Hoo Road, Yang-Mei District, Taoyuan County, Taoyuan, TWN, 32669
Glotech Co Ltd is engaged in the manufacturing, processing, and trading of glass fabrics and glass yarns.
32GF Score

Get the complete analysis for ROCO:5475

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

NT$158.00
Price
NT$23.19
GF Value