Appro Photoelectron (ROCO:6560) Days Payable: 51.61 (As of Dec. 2025) — 11% Above Median

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ROCO:6560 Appro Photoelectron Inc ROCO:6560
69 GF Score
Price NT$35.40
GF Value NT$44.15
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Appro Photoelectron Days Payable?

Appro Photoelectron ROCO:6560 -0.42% 69 Days Payable is 51.61 as of Dec. 2025, which is 11% above its 10-year median of 46.63. GuruFocus rates ROCO:6560 with a GF Score™ of 69/100 and a GF Value™ of NT$44.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,443 Hardware companies, Appro Photoelectron ranks worse than 66.39% on this metric.

Appro Photoelectron's average Accounts Payable for the three months ended in Dec. 2025 was NT$19.5 Mil. Appro Photoelectron's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$34.6 Mil. Hence, Appro Photoelectron's Days Payable for the three months ended in Dec. 2025 was 51.61.

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

ROCO:6560' s Days Payable Range Over the Past 10 Years
Min: 21.16   Med: 46.63   Max: 76.32
Current: 52.1

During the past 13 years, Appro Photoelectron's highest Days Payable was 76.32. The lowest was 21.16. And the median was 46.63.

ROCO:6560's Days Payable is ranked worse than
66.39% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:6560: 52.10

Appro Photoelectron's Days Payable increased from Dec. 2024 (45.09) to Dec. 2025 (51.61). It may suggest that Appro Photoelectron delayed paying its suppliers.


Appro Photoelectron Days Payable Historical Data

* Premium members only.

The historical data trend for Appro Photoelectron'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.

Appro Photoelectron Days Payable Chart

Appro Photoelectron 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 44.76 76.32 46.29 46.97 74.27

Appro Photoelectron 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 45.09 29.91 40.84 103.40 51.61

ROCO:6560 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Appro Photoelectron'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.


Appro Photoelectron Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Appro Photoelectron's Days Payable distribution charts can be found below:

* The bar in red indicates where Appro Photoelectron's Days Payable falls into.


ROCO:6560
69GF Score
Appro Photoelectron Inc ROCO:6560
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appro Photoelectron 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.

Appro Photoelectron'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
=( (7.807 + 32.779) / 2 ) / 99.732*365
=20.293 / 99.732*365
=74.27

Appro Photoelectron'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
=( (6.314 + 32.779) / 2 ) / 34.559*365 / 4
=19.5465 / 34.559*365 / 4
=51.61

* 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 51.61 mean?
Appro Photoelectron (ROCO:6560) has a Days Payable of 51.61 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 Appro Photoelectron and its competitors. This is 11% above median its historical median of 46.63. Over the past decade, Appro Photoelectron's Days Payable has ranged from 21.16 to 76.32. According to the industry distribution chart, Appro Photoelectron ranks #1622 out of 2443 companies in the Hardware industry, placing it in the top 66.4%.
Is Appro Photoelectron's Days Payable too high?
Appro Photoelectron's current Days Payable of 51.61 is 11% above median its 10-year median of 46.63. Over the past 10 years, this metric has ranged from a low of 21.16 to a high of 76.32. The Hardware industry median Days Payable is 69.89. Appro Photoelectron's value of 51.61 is 26.2% below this industry median. Based on the distribution chart, Appro Photoelectron ranks #1622 out of 2443 companies in the Hardware industry, which is below the industry midpoint. Overall, Appro Photoelectron has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appro Photoelectron's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Appro Photoelectron ranks #1622 out of 2443 companies for Days Payable. This places Appro Photoelectron in the lower half of its industry. The industry median Days Payable is 69.89. Appro Photoelectron's value of 51.61 is 26.2% below this benchmark. Historically, Appro Photoelectron's own Days Payable has ranged from 21.16 to 76.32 over the past decade. While the company's 10-year median is 46.63 vs. the industry median of 69.89, Appro Photoelectron 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. Appro Photoelectron's current Days Payable of 51.61 is 26.2% 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 Appro Photoelectron 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. Appro Photoelectron's current Days Payable is 51.61, which is 11% above median its own 10-year median of 46.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appro Photoelectron stock overvalued right now?
Based on GuruFocus' analysis, Appro Photoelectron (ROCO:6560) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.15, compared to a current price of NT$35.40 — trading 19.8% below its estimated fair value. The current Days Payable is 51.61, which is 11% above median its 10-year median of 46.63 and 26.2% below the Hardware industry median of 69.89. Appro Photoelectron's overall GF Score™ is 69/100 with 2 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 Appro Photoelectron (ROCO:6560), the current Days Payable is 51.61 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 Appro Photoelectron (ROCO:6560) Overvalued in 2026?

Based on GuruFocus' analysis, Appro Photoelectron stock appears to be undervalued. The current stock price of NT$35.40 is trading 19.8% below its estimated GF Value™ of NT$44.15. GuruFocus considers Appro Photoelectron to be Modestly Undervalued.

Key valuation signals for ROCO:6560:

  • Days Payable: 51.61 (11% above median its 10-year median of 46.63)
  • GF Value™: NT$44.15 vs. price of NT$35.40 (19.8% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 26.2% below the Hardware median (#1622 of 2443)

No single metric tells the full story. See the ROCO:6560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appro Photoelectron Business Description

Address 6th Floor, Number 23, Siyuan Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242
Appro Photoelectron Inc operates as a design house for image products. The company helps its customers to develop products using TI digital signal process as its core system. Its products include NVIDIA Jetson TX1/TX2 Sensor module solution, Body Worn Camera Solution, Car DVR Solution, and Image Related Product.
69GF Score

Get the complete analysis for ROCO:6560

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

NT$35.40
Price
NT$44.15
GF Value