Pacific Image Electronics Co (ROCO:6228) Days Payable: 123.17 (As of Dec. 2025) — 279% Above Median

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ROCO:6228 Pacific Image Electronics Co Ltd ROCO:6228
38 GF Score
Price NT$19.00
GF Value NT$29.27
Valuation Possible Value Trap
! 5 Warning Signs
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What is Pacific Image Electronics Co Days Payable?

Pacific Image Electronics Co ROCO:6228 +1.33% 38 Days Payable is 123.17 as of Dec. 2025, which is 279% above its 10-year median of 32.51. GuruFocus rates ROCO:6228 with a GF Score™ of 38/100 and a GF Value™ of NT$29.27 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,442 Hardware companies, Pacific Image Electronics Co ranks worse than 86.73% on this metric.

Pacific Image Electronics Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2.11 Mil. Pacific Image Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1.56 Mil. Hence, Pacific Image Electronics Co's Days Payable for the three months ended in Dec. 2025 was 123.17.

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

ROCO:6228' s Days Payable Range Over the Past 10 Years
Min: 6.38   Med: 32.51   Max: 64.11
Current: 30.1

During the past 13 years, Pacific Image Electronics Co's highest Days Payable was 64.11. The lowest was 6.38. And the median was 32.51.

ROCO:6228's Days Payable is ranked worse than
86.73% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:6228: 30.10

Pacific Image Electronics Co's Days Payable increased from Dec. 2024 (29.92) to Dec. 2025 (123.17). It may suggest that Pacific Image Electronics Co delayed paying its suppliers.


Pacific Image Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Pacific Image Electronics 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.

Pacific Image Electronics Co Days Payable Chart

Pacific Image Electronics 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 64.11 45.54 50.09 28.44 35.71

Pacific Image Electronics 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 29.92 16.13 20.51 35.09 123.17

ROCO:6228 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Pacific Image Electronics 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.


Pacific Image Electronics Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Pacific Image Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pacific Image Electronics Co's Days Payable falls into.


ROCO:6228
38GF Score
Pacific Image Electronics Co Ltd ROCO:6228
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pacific Image Electronics 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.

Pacific Image Electronics 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
=( (2.301 + 2.076) / 2 ) / 22.368*365
=2.1885 / 22.368*365
=35.71

Pacific Image Electronics 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
=( (2.138 + 2.076) / 2 ) / 1.561*365 / 4
=2.107 / 1.561*365 / 4
=123.17

* 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 123.17 mean?
Pacific Image Electronics Co (ROCO:6228) has a Days Payable of 123.17 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 Pacific Image Electronics Co and its competitors. This is 279% above median its historical median of 32.51. Over the past decade, Pacific Image Electronics Co's Days Payable has ranged from 6.38 to 64.11. According to the industry distribution chart, Pacific Image Electronics Co ranks #2118 out of 2442 companies in the Hardware industry, placing it in the top 86.7%.
Is Pacific Image Electronics Co's Days Payable too high?
Pacific Image Electronics Co's current Days Payable of 123.17 is 279% above median its 10-year median of 32.51. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 64.11. The Hardware industry median Days Payable is 69.89. Pacific Image Electronics Co's value of 123.17 is 76.2% above this industry median. Based on the distribution chart, Pacific Image Electronics Co ranks #2118 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pacific Image Electronics Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pacific Image Electronics Co's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Pacific Image Electronics Co ranks #2118 out of 2442 companies for Days Payable. This places Pacific Image Electronics Co in the lower half of its industry. The industry median Days Payable is 69.89. Pacific Image Electronics Co's value of 123.17 is 76.2% above this benchmark. Historically, Pacific Image Electronics Co's own Days Payable has ranged from 6.38 to 64.11 over the past decade. While the company's 10-year median is 32.51 vs. the industry median of 69.89, Pacific Image Electronics Co 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 69.89, based on 2,442 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. Pacific Image Electronics Co's current Days Payable of 123.17 is 76.2% 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 Pacific Image Electronics Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Image Electronics Co's current Days Payable is 123.17, which is 279% above median its own 10-year median of 32.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Image Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Image Electronics Co (ROCO:6228) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.27, compared to a current price of NT$19.00 — trading 35.1% below its estimated fair value. The current Days Payable is 123.17, which is 279% above median its 10-year median of 32.51 and 76.2% above the Hardware industry median of 69.89. Pacific Image Electronics Co's overall GF Score™ is 38/100 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 Pacific Image Electronics Co (ROCO:6228), the current Days Payable is 123.17 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 Pacific Image Electronics Co (ROCO:6228) Overvalued in 2026?

Based on GuruFocus' analysis, Pacific Image Electronics Co stock appears to be undervalued. The current stock price of NT$19.00 is trading 35.1% below its estimated GF Value™ of NT$29.27. GuruFocus considers Pacific Image Electronics Co to be Possible Value Trap.

Key valuation signals for ROCO:6228:

  • Days Payable: 123.17 (279% above median its 10-year median of 32.51)
  • GF Value™: NT$29.27 vs. price of NT$19.00 (35.1% below fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 76.2% above the Hardware median (#2118 of 2442)

No single metric tells the full story. See the ROCO:6228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pacific Image Electronics Co Business Description

Address Datong Road, Xizhi District, 7th Floor, No. 239, Sec. 1, New Taipei City, TWN, 221
Pacific Image Electronics Co Ltd is a scanning and imaging solution provider. It is engaged in the design and development of optical scanners, printers, and modems. The company provides design and manufacturing services to brands such as Kodak, KIS for film scanning solution.
38GF Score

Get the complete analysis for ROCO:6228

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

NT$19.00
Price
NT$29.27
GF Value