Innovision FlexTech (ROCO:6673) Days Payable: 13.34 (As of Dec. 2025) — 46% Below Median

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ROCO:6673 Innovision FlexTech Corp ROCO:6673
57 GF Score
Price NT$16.20
GF Value NT$6.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Innovision FlexTech Days Payable?

Innovision FlexTech ROCO:6673 +8.36% 57 Days Payable is 13.34 as of Dec. 2025, which is 46% below its 10-year median of 24.76. GuruFocus rates ROCO:6673 with a GF Score™ of 57/100 and a GF Value™ of NT$6.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,443 Hardware companies, Innovision FlexTech ranks worse than 97.38% on this metric.

Innovision FlexTech's average Accounts Payable for the six months ended in Dec. 2025 was NT$4.7 Mil. Innovision FlexTech's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$64.3 Mil. Hence, Innovision FlexTech's Days Payable for the six months ended in Dec. 2025 was 13.34.

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

ROCO:6673' s Days Payable Range Over the Past 10 Years
Min: 13.32   Med: 24.76   Max: 37.25
Current: 13.32

During the past 13 years, Innovision FlexTech's highest Days Payable was 37.25. The lowest was 13.32. And the median was 24.76.

ROCO:6673's Days Payable is ranked worse than
97.38% of 2443 companies
in the Hardware industry
Industry Median: 69.94 vs ROCO:6673: 13.32

Innovision FlexTech's Days Payable declined from Dec. 2024 (22.29) to Dec. 2025 (13.34). It may suggest that Innovision FlexTech accelerated paying its suppliers.


Innovision FlexTech Days Payable Historical Data

* Premium members only.

The historical data trend for Innovision FlexTech'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.

Innovision FlexTech Days Payable Chart

Innovision FlexTech 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 27.13 23.76 18.10 19.79 17.80

Innovision FlexTech Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 22.29 24.23 22.29 8.33 13.34

ROCO:6673 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Innovision FlexTech'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.


Innovision FlexTech Days Payable vs Hardware Industry

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

* The bar in red indicates where Innovision FlexTech's Days Payable falls into.


ROCO:6673
57GF Score
Innovision FlexTech Corp ROCO:6673
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovision FlexTech 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.

Innovision FlexTech'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
=( (3.397 + 7.995) / 2 ) / 116.79*365
=5.696 / 116.79*365
=17.80

Innovision FlexTech'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1.398 + 7.995) / 2 ) / 64.263*365 / 2
=4.6965 / 64.263*365 / 2
=13.34

* 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 13.34 mean?
Innovision FlexTech (ROCO:6673) has a Days Payable of 13.34 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 Innovision FlexTech and its competitors. This is 46% below median its historical median of 24.76. Over the past decade, Innovision FlexTech's Days Payable has ranged from 13.32 to 37.25. According to the industry distribution chart, Innovision FlexTech ranks #2379 out of 2443 companies in the Hardware industry, placing it in the top 97.4%.
Is Innovision FlexTech's Days Payable too high?
Innovision FlexTech's current Days Payable of 13.34 is 46% below median its 10-year median of 24.76. Over the past 10 years, this metric has ranged from a low of 13.32 to a high of 37.25. The Hardware industry median Days Payable is 69.94. Innovision FlexTech's value of 13.34 is 80.9% below this industry median. Based on the distribution chart, Innovision FlexTech ranks #2379 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Innovision FlexTech has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovision FlexTech's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Innovision FlexTech ranks #2379 out of 2443 companies for Days Payable. This places Innovision FlexTech in the lower half of its industry. The industry median Days Payable is 69.94. Innovision FlexTech's value of 13.34 is 80.9% below this benchmark. Historically, Innovision FlexTech's own Days Payable has ranged from 13.32 to 37.25 over the past decade. While the company's 10-year median is 24.76 vs. the industry median of 69.94, Innovision FlexTech 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 69.94, 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. Innovision FlexTech's current Days Payable of 13.34 is 80.9% 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 Innovision FlexTech and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovision FlexTech's current Days Payable is 13.34, which is 46% below median its own 10-year median of 24.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovision FlexTech stock overvalued right now?
Based on GuruFocus' analysis, Innovision FlexTech (ROCO:6673) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.91, compared to a current price of NT$16.20 — trading 134.4% above its estimated fair value. The current Days Payable is 13.34, which is 46% below median its 10-year median of 24.76 and 80.9% below the Hardware industry median of 69.94. Innovision FlexTech's overall GF Score™ is 57/100 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 Innovision FlexTech (ROCO:6673), the current Days Payable is 13.34 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 Innovision FlexTech (ROCO:6673) Overvalued in 2026?

Based on GuruFocus' analysis, Innovision FlexTech stock appears to be overvalued. The current stock price of NT$16.20 is trading 134.4% above its estimated GF Value™ of NT$6.91. GuruFocus considers Innovision FlexTech to be Significantly Overvalued.

Key valuation signals for ROCO:6673:

  • Days Payable: 13.34 (46% below median its 10-year median of 24.76)
  • GF Value™: NT$6.91 vs. price of NT$16.20 (134.4% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 80.9% below the Hardware median (#2379 of 2443)

No single metric tells the full story. See the ROCO:6673 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovision FlexTech Business Description

Address No. 248-20, Xinsheng Road, 1st Floor, Qianzhen District, Kaohsiung City, TWN
Innovision FlexTech Corp is engaged in manufacturing and sales of electronic materials. It has developed the linear microstructure light-resistant projection screen. The company's products include Ultra short focus front, In the long tail shot, and Rear projection screen.
57GF Score

Get the complete analysis for ROCO:6673

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

NT$16.20
Price
NT$6.91
GF Value