Keystone Microtech (ROCO:6683) Days Payable: 101.37 (As of Dec. 2025) — 59% Above Median

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ROCO:6683 Keystone Microtech Corp ROCO:6683
79 GF Score
Price NT$1,350.00
GF Value NT$486.03
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Keystone Microtech Days Payable?

Keystone Microtech ROCO:6683 -8.16% 79 Days Payable is 101.37 as of Dec. 2025, which is 59% above its 10-year median of 63.74. GuruFocus rates ROCO:6683 with a GF Score™ of 79/100 and a GF Value™ of NT$486.03 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 999 Semiconductors companies, Keystone Microtech ranks better than 74.27% on this metric.

Keystone Microtech's average Accounts Payable for the three months ended in Dec. 2025 was NT$325 Mil. Keystone Microtech's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$293 Mil. Hence, Keystone Microtech's Days Payable for the three months ended in Dec. 2025 was 101.37.

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

ROCO:6683' s Days Payable Range Over the Past 10 Years
Min: 40.89   Med: 63.74   Max: 97.68
Current: 88.31

During the past 12 years, Keystone Microtech's highest Days Payable was 97.68. The lowest was 40.89. And the median was 63.74.

ROCO:6683's Days Payable is ranked better than
74.27% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs ROCO:6683: 88.31

Keystone Microtech's Days Payable increased from Dec. 2024 (94.70) to Dec. 2025 (101.37). It may suggest that Keystone Microtech delayed paying its suppliers.


Keystone Microtech Days Payable Historical Data

* Premium members only.

The historical data trend for Keystone Microtech'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.

Keystone Microtech Days Payable Chart

Keystone Microtech 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 75.28 44.44 40.89 59.64 84.17

Keystone Microtech 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 94.70 88.42 81.30 86.68 101.37

ROCO:6683 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Keystone Microtech'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.


Keystone Microtech Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Keystone Microtech's Days Payable distribution charts can be found below:

* The bar in red indicates where Keystone Microtech's Days Payable falls into.


ROCO:6683
79GF Score
Keystone Microtech Corp ROCO:6683
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Keystone Microtech 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.

Keystone Microtech'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
=( (189.01 + 341.582) / 2 ) / 1150.466*365
=265.296 / 1150.466*365
=84.17

Keystone Microtech'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
=( (309.223 + 341.582) / 2 ) / 292.905*365 / 4
=325.4025 / 292.905*365 / 4
=101.37

* 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 101.37 mean?
Keystone Microtech (ROCO:6683) has a Days Payable of 101.37 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 Keystone Microtech and its competitors. This is 59% above median its historical median of 63.74. Over the past decade, Keystone Microtech's Days Payable has ranged from 40.89 to 97.68. According to the industry distribution chart, Keystone Microtech ranks #257 out of 999 companies in the Semiconductors industry, placing it in the top 25.7%.
Is Keystone Microtech's Days Payable too high?
Keystone Microtech's current Days Payable of 101.37 is 59% above median its 10-year median of 63.74. Over the past 10 years, this metric has ranged from a low of 40.89 to a high of 97.68. The Semiconductors industry median Days Payable is 53.16. Keystone Microtech's value of 101.37 is 90.7% above this industry median. Based on the distribution chart, Keystone Microtech ranks #257 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Keystone Microtech has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keystone Microtech's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Keystone Microtech ranks #257 out of 999 companies for Days Payable. This puts Keystone Microtech in the upper half of its industry. The industry median Days Payable is 53.16. Keystone Microtech's value of 101.37 is 90.7% above this benchmark. Historically, Keystone Microtech's own Days Payable has ranged from 40.89 to 97.68 over the past decade. While the company's 10-year median is 63.74 vs. the industry median of 53.16, Keystone Microtech 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.16, based on 999 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. Keystone Microtech's current Days Payable of 101.37 is 90.7% 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 Keystone Microtech and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Microtech's current Days Payable is 101.37, which is 59% above median its own 10-year median of 63.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Microtech stock overvalued right now?
Based on GuruFocus' analysis, Keystone Microtech (ROCO:6683) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$486.03, compared to a current price of NT$1,350.00 — trading 177.8% above its estimated fair value. The current Days Payable is 101.37, which is 59% above median its 10-year median of 63.74 and 90.7% above the Semiconductors industry median of 53.16. Keystone Microtech's overall GF Score™ is 79/100 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 Keystone Microtech (ROCO:6683), the current Days Payable is 101.37 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 Keystone Microtech (ROCO:6683) Overvalued in 2026?

Based on GuruFocus' analysis, Keystone Microtech stock appears to be overvalued. The current stock price of NT$1,350.00 is trading 177.8% above its estimated GF Value™ of NT$486.03. GuruFocus considers Keystone Microtech to be Significantly Overvalued.

Key valuation signals for ROCO:6683:

  • Days Payable: 101.37 (59% above median its 10-year median of 63.74)
  • GF Value™: NT$486.03 vs. price of NT$1,350.00 (177.8% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 90.7% above the Semiconductors median (#257 of 999)

No single metric tells the full story. See the ROCO:6683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keystone Microtech Business Description

Address No. 33, Huanke 1st Road, 9th Floor-2, Hsinchu County, Zhubei, TWN, 302047
Keystone Microtech Corp operates as a semiconductor device manufacturing company. The company is mainly an important operating department engaged in the manufacture and sale of various circuit testing solutions for semiconductors, including IC front-end test solutions (probe cards and substrates), IC back-end test solutions (load boards and burn-in boards), and other related testing boards. Geographically, it operates in Taiwan and other regions, out of which the majority of its revenue is derived from Taiwan.
79GF Score

Get the complete analysis for ROCO:6683

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

NT$1,350.00
Price
NT$486.03
GF Value