P-Two Industries (ROCO:6158) Days Payable: 73.40 (As of Dec. 2025) — 21% Above Median


ROCO:6158 P-Two Industries Inc ROCO:6158
62 GF Score
Price NT$19.15
GF Value NT$27.91
Valuation Possible Value Trap
! 5 Warning Signs
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What is P-Two Industries Days Payable?

P-Two Industries ROCO:6158 62 Days Payable is 73.40 as of Dec. 2025, which is 21% above its 10-year median of 60.63. GuruFocus rates ROCO:6158 with a GF Score™ of 62/100 and a GF Value™ of NT$27.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,445 Hardware companies, P-Two Industries ranks better than 50.1% on this metric.

P-Two Industries's average Accounts Payable for the three months ended in Dec. 2025 was NT$267 Mil. P-Two Industries's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$332 Mil. Hence, P-Two Industries's Days Payable for the three months ended in Dec. 2025 was 73.40.

The historical rank and industry rank for P-Two Industries's Days Payable or its related term are showing as below:

ROCO:6158' s Days Payable Range Over the Past 10 Years
Min: 54.78   Med: 60.63   Max: 77.14
Current: 70.1

During the past 13 years, P-Two Industries's highest Days Payable was 77.14. The lowest was 54.78. And the median was 60.63.

ROCO:6158's Days Payable is ranked better than
50.1% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:6158: 70.10

P-Two Industries's Days Payable declined from Dec. 2024 (77.87) to Dec. 2025 (73.40). It may suggest that P-Two Industries accelerated paying its suppliers.


P-Two Industries Days Payable Historical Data

* Premium members only.

The historical data trend for P-Two Industries'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.

P-Two Industries Days Payable Chart

P-Two Industries 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 77.14 61.75 58.65 67.42 73.52

P-Two Industries 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 77.87 73.56 67.35 63.42 73.40

ROCO:6158 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, P-Two Industries'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.


P-Two Industries Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, P-Two Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where P-Two Industries's Days Payable falls into.


ROCO:6158
62GF Score
P-Two Industries Inc ROCO:6158
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

P-Two Industries 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.

P-Two Industries'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
=( (274.219 + 274.66) / 2 ) / 1362.442*365
=274.4395 / 1362.442*365
=73.52

P-Two Industries'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
=( (259.938 + 274.66) / 2 ) / 332.281*365 / 4
=267.299 / 332.281*365 / 4
=73.40

* 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 73.40 mean?
P-Two Industries (ROCO:6158) has a Days Payable of 73.40 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 P-Two Industries and its competitors. This is 21% above median its historical median of 60.63. Over the past decade, P-Two Industries' Days Payable has ranged from 54.78 to 77.14. According to the industry distribution chart, P-Two Industries ranks #1220 out of 2445 companies in the Hardware industry, placing it in the top 49.9%.
Is P-Two Industries' Days Payable too high?
P-Two Industries' current Days Payable of 73.40 is 21% above median its 10-year median of 60.63. Over the past 10 years, this metric has ranged from a low of 54.78 to a high of 77.14. The Hardware industry median Days Payable is 70.06. P-Two Industries' value of 73.40 is 4.8% above this industry median. Based on the distribution chart, P-Two Industries ranks #1220 out of 2445 companies in the Hardware industry, which is above the industry midpoint. Overall, P-Two Industries has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does P-Two Industries' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, P-Two Industries ranks #1220 out of 2445 companies for Days Payable. This puts P-Two Industries in the upper half of its industry. The industry median Days Payable is 70.06. P-Two Industries' value of 73.40 is 4.8% above this benchmark. Historically, P-Two Industries' own Days Payable has ranged from 54.78 to 77.14 over the past decade. While the company's 10-year median is 60.63 vs. the industry median of 70.06, P-Two Industries 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. P-Two Industries's current Days Payable of 73.40 is 4.8% 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 P-Two Industries 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. P-Two Industries's current Days Payable is 73.40, which is 21% above median its own 10-year median of 60.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P-Two Industries stock overvalued right now?
Based on GuruFocus' analysis, P-Two Industries (ROCO:6158) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.91, compared to a current price of NT$19.15 — trading 31.4% below its estimated fair value. The current Days Payable is 73.40, which is 21% above median its 10-year median of 60.63 and 4.8% above the Hardware industry median of 70.06. P-Two Industries' overall GF Score™ is 62/100 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 P-Two Industries (ROCO:6158), the current Days Payable is 73.40 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 P-Two Industries (ROCO:6158) Overvalued in 2026?

Based on GuruFocus' analysis, P-Two Industries stock appears to be undervalued. The current stock price of NT$19.15 is trading 31.4% below its estimated GF Value™ of NT$27.91. GuruFocus considers P-Two Industries to be Possible Value Trap.

Key valuation signals for ROCO:6158:

  • Days Payable: 73.40 (21% above median its 10-year median of 60.63)
  • GF Value™: NT$27.91 vs. price of NT$19.15 (31.4% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 4.8% above the Hardware median (#1220 of 2445)

No single metric tells the full story. See the ROCO:6158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


P-Two Industries Business Description

Address No. 9, 9-1, Xinghua Road, Taoyuan, TWN, 330
P-Two Industries Inc is engaged in the manufacture and sale of precision terminals and connectors in Taiwan and China. Its products include FPC connector, mobile phone connector, LVDS wire to board connector, memory card connector, flexible flat cable and metal dome.
62GF Score

Get the complete analysis for ROCO:6158

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

NT$19.15
Price
NT$27.91
GF Value