Highlight Tech (ROCO:6208) Days Payable: 55.51 (As of Dec. 2025) — 18% Below Median

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ROCO:6208 Highlight Tech Corp ROCO:6208
60 GF Score
Price NT$84.70
GF Value NT$56.60
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Highlight Tech Days Payable?

Highlight Tech ROCO:6208 +2.05% 60 Days Payable is 55.51 as of Dec. 2025, which is 18% below its 10-year median of 67.68. GuruFocus rates ROCO:6208 with a GF Score™ of 60/100 and a GF Value™ of NT$56.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,991 Industrial Products companies, Highlight Tech ranks worse than 57.57% on this metric.

Highlight Tech's average Accounts Payable for the three months ended in Dec. 2025 was NT$422 Mil. Highlight Tech's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$694 Mil. Hence, Highlight Tech's Days Payable for the three months ended in Dec. 2025 was 55.51.

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

ROCO:6208' s Days Payable Range Over the Past 10 Years
Min: 61.48   Med: 67.68   Max: 85.14
Current: 64.95

During the past 13 years, Highlight Tech's highest Days Payable was 85.14. The lowest was 61.48. And the median was 67.68.

ROCO:6208's Days Payable is ranked worse than
57.57% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs ROCO:6208: 64.95

Highlight Tech's Days Payable declined from Dec. 2024 (57.70) to Dec. 2025 (55.51). It may suggest that Highlight Tech accelerated paying its suppliers.


Highlight Tech Days Payable Historical Data

* Premium members only.

The historical data trend for Highlight Tech'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.

Highlight Tech Days Payable Chart

Highlight Tech 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 74.06 85.14 71.68 61.48 62.56

Highlight Tech 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 57.70 73.65 72.39 63.18 55.51

ROCO:6208 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Highlight Tech'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.


Highlight Tech Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Highlight Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Highlight Tech's Days Payable falls into.


ROCO:6208
60GF Score
Highlight Tech Corp ROCO:6208
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Highlight Tech 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.

Highlight Tech'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
=( (425.087 + 432.729) / 2 ) / 2502.411*365
=428.908 / 2502.411*365
=62.56

Highlight Tech'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
=( (411.609 + 432.729) / 2 ) / 693.947*365 / 4
=422.169 / 693.947*365 / 4
=55.51

* 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 55.51 mean?
Highlight Tech (ROCO:6208) has a Days Payable of 55.51 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 Highlight Tech and its competitors. This is 18% below median its historical median of 67.68. Over the past decade, Highlight Tech's Days Payable has ranged from 61.48 to 85.14. According to the industry distribution chart, Highlight Tech ranks #1722 out of 2991 companies in the Industrial Products industry, placing it in the top 57.6%.
Is Highlight Tech's Days Payable too high?
Highlight Tech's current Days Payable of 55.51 is 18% below median its 10-year median of 67.68. Over the past 10 years, this metric has ranged from a low of 61.48 to a high of 85.14. The Industrial Products industry median Days Payable is 77.97. Highlight Tech's value of 55.51 is 28.8% below this industry median. Based on the distribution chart, Highlight Tech ranks #1722 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Highlight Tech has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highlight Tech's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Highlight Tech ranks #1722 out of 2991 companies for Days Payable. This places Highlight Tech in the lower half of its industry. The industry median Days Payable is 77.97. Highlight Tech's value of 55.51 is 28.8% below this benchmark. Historically, Highlight Tech's own Days Payable has ranged from 61.48 to 85.14 over the past decade. While the company's 10-year median is 67.68 vs. the industry median of 77.97, Highlight Tech 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Highlight Tech's current Days Payable of 55.51 is 28.8% 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 Highlight Tech and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highlight Tech's current Days Payable is 55.51, which is 18% below median its own 10-year median of 67.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highlight Tech stock overvalued right now?
Based on GuruFocus' analysis, Highlight Tech (ROCO:6208) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.60, compared to a current price of NT$84.70 — trading 49.6% above its estimated fair value. The current Days Payable is 55.51, which is 18% below median its 10-year median of 67.68 and 28.8% below the Industrial Products industry median of 77.97. Highlight Tech's overall GF Score™ is 60/100 with 7 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 Highlight Tech (ROCO:6208), the current Days Payable is 55.51 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 Highlight Tech (ROCO:6208) Overvalued in 2026?

Based on GuruFocus' analysis, Highlight Tech stock appears to be overvalued. The current stock price of NT$84.70 is trading 49.6% above its estimated GF Value™ of NT$56.60. GuruFocus considers Highlight Tech to be Significantly Overvalued.

Key valuation signals for ROCO:6208:

  • Days Payable: 55.51 (18% below median its 10-year median of 67.68)
  • GF Value™: NT$56.60 vs. price of NT$84.70 (49.6% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 28.8% below the Industrial Products median (#1722 of 2991)

No single metric tells the full story. See the ROCO:6208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Highlight Tech Business Description

Address No. 8, Huoshui Raod, Xinshi District, Tainan, TWN, 744092
Highlight Tech Corp is a manufacturer of vacuum technology equipment and a supplier of comprehensive integration services in the vacuum field. Its product includes a vacuum chamber, valves, a pump, and automation equipment. Its vacuum coating technology is used in 3C products, semiconductors, optoelectronics, the touch panel industry, and the solar photovoltaic industry. The Group mainly operates in regions: Taiwan, Japan, the USA, and China.
60GF Score

Get the complete analysis for ROCO:6208

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

NT$84.70
Price
NT$56.60
GF Value