Nova Technology (ROCO:6613) Days Payable: 79.94 (As of Dec. 2025) — 20% Below Median


ROCO:6613 Nova Technology Corp ROCO:6613
90 GF Score
Price NT$321.00
GF Value NT$151.12
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nova Technology Days Payable?

Nova Technology ROCO:6613 90 Days Payable is 79.94 as of Dec. 2025, which is 20% below its 10-year median of 99.96. GuruFocus rates ROCO:6613 with a GF Score™ of 90/100 and a GF Value™ of NT$151.12 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,994 Industrial Products companies, Nova Technology ranks better than 59.92% on this metric.

Nova Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,621 Mil. Nova Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,851 Mil. Hence, Nova Technology's Days Payable for the three months ended in Dec. 2025 was 79.94.

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

ROCO:6613' s Days Payable Range Over the Past 10 Years
Min: 85.63   Med: 99.96   Max: 117.05
Current: 98.6

During the past 13 years, Nova Technology's highest Days Payable was 117.05. The lowest was 85.63. And the median was 99.96.

ROCO:6613's Days Payable is ranked better than
59.92% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:6613: 98.60

Nova Technology's Days Payable increased from Dec. 2024 (72.35) to Dec. 2025 (79.94). It may suggest that Nova Technology delayed paying its suppliers.


Nova Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Nova Technology'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.

Nova Technology Days Payable Chart

Nova Technology 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 85.63 95.42 96.08 90.20 108.03

Nova Technology 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 72.35 101.79 107.46 101.58 79.94

ROCO:6613 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Nova Technology'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.


Nova Technology Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nova Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Nova Technology's Days Payable falls into.


ROCO:6613
90GF Score
Nova Technology Corp ROCO:6613
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Technology 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.

Nova Technology'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
=( (1867.912 + 1701.458) / 2 ) / 6029.779*365
=1784.685 / 6029.779*365
=108.03

Nova Technology'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
=( (1541.276 + 1701.458) / 2 ) / 1850.793*365 / 4
=1621.367 / 1850.793*365 / 4
=79.94

* 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 79.94 mean?
Nova Technology (ROCO:6613) has a Days Payable of 79.94 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 Nova Technology and its competitors. This is 20% below median its historical median of 99.96. Over the past decade, Nova Technology's Days Payable has ranged from 85.63 to 117.05. According to the industry distribution chart, Nova Technology ranks #1200 out of 2994 companies in the Industrial Products industry, placing it in the top 40.1%.
Is Nova Technology's Days Payable too high?
Nova Technology's current Days Payable of 79.94 is 20% below median its 10-year median of 99.96. Over the past 10 years, this metric has ranged from a low of 85.63 to a high of 117.05. The Industrial Products industry median Days Payable is 78.05. Nova Technology's value of 79.94 is 2.4% above this industry median. Based on the distribution chart, Nova Technology ranks #1200 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nova Technology has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova Technology's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nova Technology ranks #1200 out of 2994 companies for Days Payable. This puts Nova Technology in the upper half of its industry. The industry median Days Payable is 78.05. Nova Technology's value of 79.94 is 2.4% above this benchmark. Historically, Nova Technology's own Days Payable has ranged from 85.63 to 117.05 over the past decade. While the company's 10-year median is 99.96 vs. the industry median of 78.05, Nova Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. Nova Technology's current Days Payable of 79.94 is 2.4% 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 Nova Technology and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Technology's current Days Payable is 79.94, which is 20% below median its own 10-year median of 99.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Technology stock overvalued right now?
Based on GuruFocus' analysis, Nova Technology (ROCO:6613) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$151.12, compared to a current price of NT$321.00 — trading 112.4% above its estimated fair value. The current Days Payable is 79.94, which is 20% below median its 10-year median of 99.96 and 2.4% above the Industrial Products industry median of 78.05. Nova Technology's overall GF Score™ is 90/100 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 Nova Technology (ROCO:6613), the current Days Payable is 79.94 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 Nova Technology (ROCO:6613) Overvalued in 2026?

Based on GuruFocus' analysis, Nova Technology stock appears to be overvalued. The current stock price of NT$321.00 is trading 112.4% above its estimated GF Value™ of NT$151.12. GuruFocus considers Nova Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6613:

  • Days Payable: 79.94 (20% below median its 10-year median of 99.96)
  • GF Value™: NT$151.12 vs. price of NT$321.00 (112.4% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 2.4% above the Industrial Products median (#1200 of 2994)

No single metric tells the full story. See the ROCO:6613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nova Technology Business Description

Address Jiafeng South Road, Section 2, No. 76, 10th Floor, Hsinchu County, Zhubei, TWN, 302054
Nova Technology Corp is engaged in import and export, pipeline assembly, and maintenance engineering for various electronic, computer parts and accessories, equipment, chemical materials, and gas components. The company is engaged in implementing and improving High-purity chemical supply and dispensing systems, Special gas supply systems, High-end wet process cleaning equipment, Stripping fluid regeneration systems, and Electronic-grade chemical production and packaging systems, among others, for its clients. Its reportable segments are: China, which generates the maximum revenue, Taiwan, and Others.
90GF Score

Get the complete analysis for ROCO:6613

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

NT$321.00
Price
NT$151.12
GF Value