ASEC International (ROCO:6113) Days Payable: 28.92 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6113 ASEC International Corp ROCO:6113
64 GF Score
Price NT$23.25
GF Value NT$23.32
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is ASEC International Days Payable?

ASEC International ROCO:6113 +2.20% 64 Days Payable is 28.92 as of Jun. 2026, which is 1% above its 10-year median of 28.67. GuruFocus rates ROCO:6113 with a GF Score™ of 64/100 and a GF Value™ of NT$23.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,003 Semiconductors companies, ASEC International ranks worse than 72.08% on this metric.

ASEC International's average Accounts Payable for the three months ended in Jun. 2026 was NT$77.2 Mil. ASEC International's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$243.5 Mil. Hence, ASEC International's Days Payable for the three months ended in Jun. 2026 was 28.92.

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: 35.86

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
72.08% of 1003 companies
in the Semiconductors industry
Industry Median: 54.7 vs ROCO:6113: 35.86

ASEC International's Days Payable declined from Jun. 2025 (50.74) to Jun. 2026 (28.92). 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 50.74 45.66 37.94 30.95 28.92

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
64GF Score
ASEC International Corp ROCO:6113
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (62.697 + 91.632) / 2 ) / 243.482*365 / 4
=77.1645 / 243.482*365 / 4
=28.92

* 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 28.92 mean?
ASEC International (ROCO:6113) has a Days Payable of 28.92 as of Jun. 2026. 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 near 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 #723 out of 1003 companies in the Semiconductors industry, placing it in the top 72.1%.
Is ASEC International's Days Payable too high?
ASEC International's current Days Payable of 28.92 is near 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 54.70. ASEC International's value of 28.92 is 47.1% below this industry median. Based on the distribution chart, ASEC International ranks #723 out of 1003 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASEC International has a GF Score™ of 64/100 and is considered Fairly Valued, 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 #723 out of 1003 companies for Days Payable. This places ASEC International in the lower half of its industry. The industry median Days Payable is 54.70. ASEC International's value of 28.92 is 47.1% 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 54.70, 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 54.70, based on 1,003 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 28.92 is 47.1% 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 54.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASEC International's current Days Payable is 28.92, which is near 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 Fairly Valued. The stock's GF Value™ is NT$23.32, compared to a current price of NT$23.25 — trading 0.3% below its estimated fair value. The current Days Payable is 28.92, which is near median its 10-year median of 28.67 and 47.1% below the Semiconductors industry median of 54.70. ASEC International's overall GF Score™ is 64/100 with 3 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 28.92 as of Jun. 2026. 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 undervalued. The current stock price of NT$23.25 is trading 0.3% below its estimated GF Value™ of NT$23.32. GuruFocus considers ASEC International to be Fairly Valued.

Key valuation signals for ROCO:6113:

  • Days Payable: 28.92 (near median its 10-year median of 28.67)
  • GF Value™: NT$23.32 vs. price of NT$23.25 (0.3% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 47.1% below the Semiconductors median (#723 of 1003)

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.
64GF 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$23.25
Price
NT$23.32
GF Value