Motech Industries Co (ROCO:6244) Days Payable: 103.31 (As of Dec. 2025) — Near Median

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ROCO:6244 Motech Industries Co Ltd ROCO:6244
45 GF Score
Price NT$25.95
GF Value NT$17.53
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Motech Industries Co Days Payable?

Motech Industries Co ROCO:6244 -2.08% 45 Days Payable is 103.31 as of Dec. 2025, which is 4% below its 10-year median of 108.07. GuruFocus rates ROCO:6244 with a GF Score™ of 45/100 and a GF Value™ of NT$17.53 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 999 Semiconductors companies, Motech Industries Co ranks better than 77.08% on this metric.

Motech Industries Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$786 Mil. Motech Industries Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$694 Mil. Hence, Motech Industries Co's Days Payable for the three months ended in Dec. 2025 was 103.31.

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

ROCO:6244' s Days Payable Range Over the Past 10 Years
Min: 67   Med: 108.07   Max: 181.14
Current: 98.47

During the past 13 years, Motech Industries Co's highest Days Payable was 181.14. The lowest was 67.00. And the median was 108.07.

ROCO:6244's Days Payable is ranked better than
77.08% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs ROCO:6244: 98.47

Motech Industries Co's Days Payable increased from Dec. 2024 (93.78) to Dec. 2025 (103.31). It may suggest that Motech Industries Co delayed paying its suppliers.


Motech Industries Co Days Payable Historical Data

* Premium members only.

The historical data trend for Motech Industries 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.

Motech Industries Co Days Payable Chart

Motech Industries 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 81.22 128.21 126.15 102.88 108.20

Motech Industries 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 93.78 100.33 97.24 83.39 103.31

ROCO:6244 vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Motech Industries 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.


Motech Industries Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Motech Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Motech Industries Co's Days Payable falls into.


ROCO:6244
45GF Score
Motech Industries Co Ltd ROCO:6244
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Motech Industries 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.

Motech Industries 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
=( (691.526 + 832.377) / 2 ) / 2570.446*365
=761.9515 / 2570.446*365
=108.20

Motech Industries 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
=( (739.733 + 832.377) / 2 ) / 694.312*365 / 4
=786.055 / 694.312*365 / 4
=103.31

* 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 103.31 mean?
Motech Industries Co (ROCO:6244) has a Days Payable of 103.31 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 Motech Industries Co and its competitors. This is near median its historical median of 108.07. Over the past decade, Motech Industries Co's Days Payable has ranged from 67.00 to 181.14. According to the industry distribution chart, Motech Industries Co ranks #229 out of 999 companies in the Semiconductors industry, placing it in the top 22.9%.
Is Motech Industries Co's Days Payable too high?
Motech Industries Co's current Days Payable of 103.31 is near median its 10-year median of 108.07. Over the past 10 years, this metric has ranged from a low of 67.00 to a high of 181.14. The Semiconductors industry median Days Payable is 53.16. Motech Industries Co's value of 103.31 is 94.3% above this industry median. Based on the distribution chart, Motech Industries Co ranks #229 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Motech Industries Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Motech Industries Co's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Motech Industries Co ranks #229 out of 999 companies for Days Payable. This places Motech Industries Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.16. Motech Industries Co's value of 103.31 is 94.3% above this benchmark. Historically, Motech Industries Co's own Days Payable has ranged from 67.00 to 181.14 over the past decade. While the company's 10-year median is 108.07 vs. the industry median of 53.16, Motech Industries 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.16, based on 999 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. Motech Industries Co's current Days Payable of 103.31 is 94.3% 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 Motech Industries Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motech Industries Co's current Days Payable is 103.31, which is near median its own 10-year median of 108.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motech Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Motech Industries Co (ROCO:6244) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.53, compared to a current price of NT$25.95 — trading 48% above its estimated fair value. The current Days Payable is 103.31, which is near median its 10-year median of 108.07 and 94.3% above the Semiconductors industry median of 53.16. Motech Industries Co's overall GF Score™ is 45/100 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 Motech Industries Co (ROCO:6244), the current Days Payable is 103.31 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 Motech Industries Co (ROCO:6244) Overvalued in 2026?

Based on GuruFocus' analysis, Motech Industries Co stock appears to be overvalued. The current stock price of NT$25.95 is trading 48% above its estimated GF Value™ of NT$17.53. GuruFocus considers Motech Industries Co to be Significantly Overvalued.

Key valuation signals for ROCO:6244:

  • Days Payable: 103.31 (near median its 10-year median of 108.07)
  • GF Value™: NT$17.53 vs. price of NT$25.95 (48% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 94.3% above the Semiconductors median (#229 of 999)

No single metric tells the full story. See the ROCO:6244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Motech Industries Co Business Description

Address Pei-Shen Road, 6th Floor, No. 248, Section 3, Shen-Keng District, New Taipei City, TWN, 22204
Motech Industries Co Ltd is a company whose activities are the manufacturing, marketing, and sale of solar cells, solar modules, photovoltaic inverters, the marketing, design, and engineering of photovoltaic (PV) power systems, and solar power generation.
45GF Score

Get the complete analysis for ROCO:6244

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

NT$25.95
Price
NT$17.53
GF Value