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Nova TechnologyROCO:6613 +5.25%87 Days Payable is 81.34 as of Jun. 2026, which is 19% below its 10-year median of 99.96. GuruFocus rates ROCO:6613 with a GF Score™ of 87/100 and a GF Value™ of NT$220.26 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,002 Industrial Products companies, Nova Technology ranks better than 58.06% on this metric.
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: 93.62
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 58.06% of 3002
companies
in the Industrial Products industry
Industry Median: 77.54
vs ROCO:6613: 93.62
Nova Technology's Days Payable
declined
from Jun. 2025 (107.46) to Jun. 2026 (81.34).
It may suggest that Nova Technologyaccelerated paying its suppliers.
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.
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.
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
* 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 (ROCO:6613) has a Days Payable of 81.34 as of Jun. 2026. 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 19% 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 #1259 out of 3002 companies in the Industrial Products industry, placing it in the top 41.9%.
Is Nova Technology's Days Payable too high?
Nova Technology's current Days Payable of 81.34 is 19% 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 77.54. Nova Technology's value of 81.34 is 4.9% above this industry median. Based on the distribution chart, Nova Technology ranks #1259 out of 3002 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nova Technology has a GF Score™ of 87/100 and is considered Modestly 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 #1259 out of 3002 companies for Days Payable. This puts Nova Technology in the upper half of its industry. The industry median Days Payable is 77.54. Nova Technology's value of 81.34 is 4.9% 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 77.54, 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 77.54, based on 3,002 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 81.34 is 4.9% 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 Nova Technology and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Technology's current Days Payable is 81.34, which is 19% 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 Modestly Overvalued. The stock's GF Value™ is NT$220.26, compared to a current price of NT$260.50 — trading 18.3% above its estimated fair value. The current Days Payable is 81.34, which is 19% below median its 10-year median of 99.96 and 4.9% above the Industrial Products industry median of 77.54. Nova Technology's overall GF Score™ is 87/100 with 4 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 81.34 as of Jun. 2026. 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$260.50 is trading 18.3% above its estimated GF Value™ of NT$220.26.
GuruFocus considers Nova Technology to be Modestly Overvalued.
Key valuation signals for ROCO:6613:
Days Payable: 81.34 (19% below median its 10-year median of 99.96)
GF Value™: NT$220.26 vs. price of NT$260.50 (18.3% above fair value)
Industry Position: 4.9% above the Industrial Products median (#1259 of 3002)
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 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.
87GF Score
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