Ibase Solution Co (ROCO:6441) Days Payable: 92.81 (As of Dec. 2025) — 99% Above Median

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ROCO:6441 Ibase Solution Co Ltd ROCO:6441
48 GF Score
Price NT$22.00
GF Value NT$13.65
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ibase Solution Co Days Payable?

Ibase Solution Co ROCO:6441 +2.09% 48 Days Payable is 92.81 as of Dec. 2025, which is 99% above its 10-year median of 46.59. GuruFocus rates ROCO:6441 with a GF Score™ of 48/100 and a GF Value™ of NT$13.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 999 Semiconductors companies, Ibase Solution Co ranks better than 60.96% on this metric.

Ibase Solution Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$45.8 Mil. Ibase Solution Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$45.1 Mil. Hence, Ibase Solution Co's Days Payable for the three months ended in Dec. 2025 was 92.81.

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

ROCO:6441' s Days Payable Range Over the Past 10 Years
Min: 27.13   Med: 46.59   Max: 110.18
Current: 62.87

During the past 13 years, Ibase Solution Co's highest Days Payable was 110.18. The lowest was 27.13. And the median was 46.59.

ROCO:6441's Days Payable is ranked better than
60.96% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs ROCO:6441: 62.87

Ibase Solution Co's Days Payable declined from Dec. 2024 (111.95) to Dec. 2025 (92.81). It may suggest that Ibase Solution Co accelerated paying its suppliers.


Ibase Solution Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ibase Solution 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.

Ibase Solution Co Days Payable Chart

Ibase Solution 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 44.26 41.59 85.94 110.18 69.47

Ibase Solution 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 111.95 58.98 48.01 58.69 92.81

ROCO:6441 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Ibase Solution 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.


Ibase Solution Co Days Payable vs Semiconductors Industry

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

* The bar in red indicates where Ibase Solution Co's Days Payable falls into.


ROCO:6441
48GF Score
Ibase Solution Co Ltd ROCO:6441
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ibase Solution 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.

Ibase Solution 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
=( (44.476 + 54.865) / 2 ) / 260.962*365
=49.6705 / 260.962*365
=69.47

Ibase Solution 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
=( (36.797 + 54.865) / 2 ) / 45.059*365 / 4
=45.831 / 45.059*365 / 4
=92.81

* 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 92.81 mean?
Ibase Solution Co (ROCO:6441) has a Days Payable of 92.81 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 Ibase Solution Co and its competitors. This is 99% above median its historical median of 46.59. Over the past decade, Ibase Solution Co's Days Payable has ranged from 27.13 to 110.18. According to the industry distribution chart, Ibase Solution Co ranks #390 out of 999 companies in the Semiconductors industry, placing it in the top 39%.
Is Ibase Solution Co's Days Payable too high?
Ibase Solution Co's current Days Payable of 92.81 is 99% above median its 10-year median of 46.59. Over the past 10 years, this metric has ranged from a low of 27.13 to a high of 110.18. The Semiconductors industry median Days Payable is 53.06. Ibase Solution Co's value of 92.81 is 74.9% above this industry median. Based on the distribution chart, Ibase Solution Co ranks #390 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Ibase Solution Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ibase Solution Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Ibase Solution Co ranks #390 out of 999 companies for Days Payable. This puts Ibase Solution Co in the upper half of its industry. The industry median Days Payable is 53.06. Ibase Solution Co's value of 92.81 is 74.9% above this benchmark. Historically, Ibase Solution Co's own Days Payable has ranged from 27.13 to 110.18 over the past decade. While the company's 10-year median is 46.59 vs. the industry median of 53.06, Ibase Solution 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 53.06, 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. Ibase Solution Co's current Days Payable of 92.81 is 74.9% 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 Ibase Solution Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ibase Solution Co's current Days Payable is 92.81, which is 99% above median its own 10-year median of 46.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibase Solution Co stock overvalued right now?
Based on GuruFocus' analysis, Ibase Solution Co (ROCO:6441) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.65, compared to a current price of NT$22.00 — trading 61.2% above its estimated fair value. The current Days Payable is 92.81, which is 99% above median its 10-year median of 46.59 and 74.9% above the Semiconductors industry median of 53.06. Ibase Solution Co's overall GF Score™ is 48/100 with 6 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 Ibase Solution Co (ROCO:6441), the current Days Payable is 92.81 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 Ibase Solution Co (ROCO:6441) Overvalued in 2026?

Based on GuruFocus' analysis, Ibase Solution Co stock appears to be overvalued. The current stock price of NT$22.00 is trading 61.2% above its estimated GF Value™ of NT$13.65. GuruFocus considers Ibase Solution Co to be Significantly Overvalued.

Key valuation signals for ROCO:6441:

  • Days Payable: 92.81 (99% above median its 10-year median of 46.59)
  • GF Value™: NT$13.65 vs. price of NT$22.00 (61.2% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 74.9% above the Semiconductors median (#390 of 999)

No single metric tells the full story. See the ROCO:6441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ibase Solution Co Business Description

Address Xintai 5th Road, 24th floor, Building D, NO. 93, Section.1, XIZHI District, New Taipei City, TWN, 221
Ibase Solution Co Ltd is engaged in industrial computer-related application products and energy storage equipment, R&D, design, manufacturing and sales business.
48GF Score

Get the complete analysis for ROCO:6441

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

NT$22.00
Price
NT$13.65
GF Value