ASEC International (ROCO:6113) Days Payable: 37.94 (As of Dec. 2025) — 32% Above Median


ROCO:6113 ASEC International Corp ROCO:6113
56 GF Score
Price NT$27.70
GF Value NT$14.86
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ASEC International Days Payable?

ASEC International ROCO:6113 56 Days Payable is 37.94 as of Dec. 2025, which is 32% above its 10-year median of 28.67. GuruFocus rates ROCO:6113 with a GF Score™ of 56/100 and a GF Value™ of NT$14.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 998 Semiconductors companies, ASEC International ranks worse than 51.3% on this metric.

ASEC International's average Accounts Payable for the three months ended in Dec. 2025 was NT$58.3 Mil. ASEC International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$140.3 Mil. Hence, ASEC International's Days Payable for the three months ended in Dec. 2025 was 37.94.

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

ROCO:6113' s Days Payable Range Over the Past 10 Years
Min: 20.59   Med: 28.67   Max: 74.01
Current: 51.98

During the past 13 years, ASEC International's highest Days Payable was 74.01. The lowest was 20.59. And the median was 28.67.

ROCO:6113's Days Payable is ranked worse than
51.3% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs ROCO:6113: 51.98

ASEC International's Days Payable declined from Dec. 2024 (76.78) to Dec. 2025 (37.94). It may suggest that ASEC International accelerated paying its suppliers.


ASEC International Days Payable Historical Data

* Premium members only.

The historical data trend for ASEC International'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.

ASEC International Days Payable Chart

ASEC International 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 23.50 30.49 47.77 74.01 59.66

ASEC International 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 76.78 66.62 50.74 45.66 37.94

ROCO:6113 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, ASEC International'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.


ASEC International Days Payable vs Semiconductors Industry

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

* The bar in red indicates where ASEC International's Days Payable falls into.


ROCO:6113
56GF Score
ASEC International Corp ROCO:6113
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ASEC International 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.

ASEC International'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
=( (109.872 + 61.874) / 2 ) / 525.337*365
=85.873 / 525.337*365
=59.66

ASEC International'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
=( (54.763 + 61.874) / 2 ) / 140.261*365 / 4
=58.3185 / 140.261*365 / 4
=37.94

* 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 37.94 mean?
ASEC International (ROCO:6113) has a Days Payable of 37.94 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 ASEC International and its competitors. This is 32% above median its historical median of 28.67. Over the past decade, ASEC International's Days Payable has ranged from 20.59 to 74.01. According to the industry distribution chart, ASEC International ranks #512 out of 998 companies in the Semiconductors industry, placing it in the top 51.3%.
Is ASEC International's Days Payable too high?
ASEC International's current Days Payable of 37.94 is 32% above median its 10-year median of 28.67. Over the past 10 years, this metric has ranged from a low of 20.59 to a high of 74.01. The Semiconductors industry median Days Payable is 52.98. ASEC International's value of 37.94 is 28.4% below this industry median. Based on the distribution chart, ASEC International ranks #512 out of 998 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASEC International has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASEC International's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASEC International ranks #512 out of 998 companies for Days Payable. This places ASEC International in the lower half of its industry. The industry median Days Payable is 52.98. ASEC International's value of 37.94 is 28.4% below this benchmark. Historically, ASEC International's own Days Payable has ranged from 20.59 to 74.01 over the past decade. While the company's 10-year median is 28.67 vs. the industry median of 52.98, ASEC International 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. ASEC International's current Days Payable of 37.94 is 28.4% 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 ASEC International and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASEC International's current Days Payable is 37.94, which is 32% above median its own 10-year median of 28.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASEC International stock overvalued right now?
Based on GuruFocus' analysis, ASEC International (ROCO:6113) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.86, compared to a current price of NT$27.70 — trading 86.4% above its estimated fair value. The current Days Payable is 37.94, which is 32% above median its 10-year median of 28.67 and 28.4% below the Semiconductors industry median of 52.98. ASEC International's overall GF Score™ is 56/100 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 ASEC International (ROCO:6113), the current Days Payable is 37.94 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 ASEC International (ROCO:6113) Overvalued in 2026?

Based on GuruFocus' analysis, ASEC International stock appears to be overvalued. The current stock price of NT$27.70 is trading 86.4% above its estimated GF Value™ of NT$14.86. GuruFocus considers ASEC International to be Significantly Overvalued.

Key valuation signals for ROCO:6113:

  • Days Payable: 37.94 (32% above median its 10-year median of 28.67)
  • GF Value™: NT$14.86 vs. price of NT$27.70 (86.4% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 28.4% below the Semiconductors median (#512 of 998)

No single metric tells the full story. See the ROCO:6113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASEC International Business Description

Address 7F. No. 58, Jhouzih Street, Neihu District, Taiepi, TWN, 114
ASEC International Corp markets computer memory chips, network communication chips, consumer electronics chips/module, system on chip, software, and body parts. Its products are used in computer, multimedia, communication, and consumer markets.
56GF Score

Get the complete analysis for ROCO:6113

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

NT$27.70
Price
NT$14.86
GF Value