Topview Optronics (ROCO:6556) Days Payable: 88.20 (As of Dec. 2025) — Near Median

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ROCO:6556 Topview Optronics Corp ROCO:6556
79 GF Score
Price NT$65.50
GF Value NT$63.87
Valuation Fairly Valued
! 1 Warning Sign
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What is Topview Optronics Days Payable?

Topview Optronics ROCO:6556 +0.46% 79 Days Payable is 88.20 as of Dec. 2025, which is 3% above its 10-year median of 85.63. GuruFocus rates ROCO:6556 with a GF Score™ of 79/100 and a GF Value™ of NT$63.87 (Fairly Valued). The stock has 1 warning sign investors should review. Among 946 Business Services companies, Topview Optronics ranks better than 71.46% on this metric.

Topview Optronics's average Accounts Payable for the three months ended in Dec. 2025 was NT$228 Mil. Topview Optronics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$236 Mil. Hence, Topview Optronics's Days Payable for the three months ended in Dec. 2025 was 88.20.

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

ROCO:6556' s Days Payable Range Over the Past 10 Years
Min: 53.6   Med: 85.63   Max: 102.88
Current: 84.58

During the past 13 years, Topview Optronics's highest Days Payable was 102.88. The lowest was 53.60. And the median was 85.63.

ROCO:6556's Days Payable is ranked better than
71.46% of 946 companies
in the Business Services industry
Industry Median: 45.96 vs ROCO:6556: 84.58

Topview Optronics's Days Payable increased from Dec. 2024 (72.80) to Dec. 2025 (88.20). It may suggest that Topview Optronics delayed paying its suppliers.


Topview Optronics Days Payable Historical Data

* Premium members only.

The historical data trend for Topview Optronics'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.

Topview Optronics Days Payable Chart

Topview Optronics 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 91.18 102.88 78.04 53.60 73.38

Topview Optronics 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 72.80 78.49 100.69 83.20 88.20

ROCO:6556 vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Topview Optronics'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.


Topview Optronics Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Topview Optronics's Days Payable distribution charts can be found below:

* The bar in red indicates where Topview Optronics's Days Payable falls into.


ROCO:6556
79GF Score
Topview Optronics Corp ROCO:6556
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Topview Optronics 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.

Topview Optronics'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
=( (151.846 + 224.345) / 2 ) / 935.604*365
=188.0955 / 935.604*365
=73.38

Topview Optronics'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
=( (231.51 + 224.345) / 2 ) / 235.804*365 / 4
=227.9275 / 235.804*365 / 4
=88.20

* 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 88.20 mean?
Topview Optronics (ROCO:6556) has a Days Payable of 88.20 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 Topview Optronics and its competitors. This is near median its historical median of 85.63. Over the past decade, Topview Optronics' Days Payable has ranged from 53.60 to 102.88. According to the industry distribution chart, Topview Optronics ranks #270 out of 946 companies in the Business Services industry, placing it in the top 28.5%.
Is Topview Optronics' Days Payable too high?
Topview Optronics' current Days Payable of 88.20 is near median its 10-year median of 85.63. Over the past 10 years, this metric has ranged from a low of 53.60 to a high of 102.88. The Business Services industry median Days Payable is 45.96. Topview Optronics' value of 88.20 is 91.9% above this industry median. Based on the distribution chart, Topview Optronics ranks #270 out of 946 companies in the Business Services industry, which is above the industry midpoint. Overall, Topview Optronics has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topview Optronics' Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Topview Optronics ranks #270 out of 946 companies for Days Payable. This puts Topview Optronics in the upper half of its industry. The industry median Days Payable is 45.96. Topview Optronics' value of 88.20 is 91.9% above this benchmark. Historically, Topview Optronics' own Days Payable has ranged from 53.60 to 102.88 over the past decade. While the company's 10-year median is 85.63 vs. the industry median of 45.96, Topview Optronics 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 Business Services company?
The median Days Payable among Business Services companies is 45.96, based on 946 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. Topview Optronics's current Days Payable of 88.20 is 91.9% 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 Topview Optronics and its competitors. For the Business Services industry, the median Days Payable is 45.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topview Optronics's current Days Payable is 88.20, which is near median its own 10-year median of 85.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topview Optronics stock overvalued right now?
Based on GuruFocus' analysis, Topview Optronics (ROCO:6556) is currently considered Fairly Valued. The stock's GF Value™ is NT$63.87, compared to a current price of NT$65.50 — trading 2.6% above its estimated fair value. The current Days Payable is 88.20, which is near median its 10-year median of 85.63 and 91.9% above the Business Services industry median of 45.96. Topview Optronics' overall GF Score™ is 79/100 with 1 warning sign 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 Topview Optronics (ROCO:6556), the current Days Payable is 88.20 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 Topview Optronics (ROCO:6556) Overvalued in 2026?

Based on GuruFocus' analysis, Topview Optronics stock appears to be overvalued. The current stock price of NT$65.50 is trading 2.6% above its estimated GF Value™ of NT$63.87. GuruFocus considers Topview Optronics to be Fairly Valued.

Key valuation signals for ROCO:6556:

  • Days Payable: 88.20 (near median its 10-year median of 85.63)
  • GF Value™: NT$63.87 vs. price of NT$65.50 (2.6% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 91.9% above the Business Services median (#270 of 946)

No single metric tells the full story. See the ROCO:6556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topview Optronics Business Description

Address No. 10, Dacheng Road, Taoyuan Distric, Taoyuan, TWN
Topview Optronics Corp is involved in the manufacturing, trading, import and export of security monitors. Its products are IP cameras of 1,2,3-megapixel, speed dome, and accessories such as bracket.
79GF Score

Get the complete analysis for ROCO:6556

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

NT$65.50
Price
NT$63.87
GF Value