Mars Semiconductor (ROCO:6708) Days Payable: 49.68 (As of Mar. 2026) — Near Median

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ROCO:6708 Mars Semiconductor Corp ROCO:6708
82 GF Score
Price NT$38.65
GF Value NT$53.42
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mars Semiconductor Days Payable?

Mars Semiconductor ROCO:6708 82 Days Payable is 49.68 as of Mar. 2026, which is 5% below its 10-year median of 52.18. GuruFocus rates ROCO:6708 with a GF Score™ of 82/100 and a GF Value™ of NT$53.42 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,441 Hardware companies, Mars Semiconductor ranks worse than 84.97% on this metric.

Mars Semiconductor's average Accounts Payable for the three months ended in Mar. 2026 was NT$13.9 Mil. Mars Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$25.5 Mil. Hence, Mars Semiconductor's Days Payable for the three months ended in Mar. 2026 was 49.68.

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

ROCO:6708' s Days Payable Range Over the Past 10 Years
Min: 20.72   Med: 52.18   Max: 88.65
Current: 32.58

During the past 10 years, Mars Semiconductor's highest Days Payable was 88.65. The lowest was 20.72. And the median was 52.18.

ROCO:6708's Days Payable is ranked worse than
84.97% of 2441 companies
in the Hardware industry
Industry Median: 70.03 vs ROCO:6708: 32.58

Mars Semiconductor's Days Payable increased from Mar. 2025 (20.27) to Mar. 2026 (49.68). It may suggest that Mars Semiconductor delayed paying its suppliers.


Mars Semiconductor Days Payable Historical Data

* Premium members only.

The historical data trend for Mars Semiconductor'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.

Mars Semiconductor Days Payable Chart

Mars Semiconductor 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 50.62 35.16 30.37 27.59 20.72

Mars Semiconductor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.27 20.89 27.69 34.60 49.68

ROCO:6708 vs CSCO, MSI, HPE: Days Payable Comparison

For the Communication Equipment subindustry, Mars Semiconductor'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.


Mars Semiconductor Days Payable vs Hardware Industry

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

* The bar in red indicates where Mars Semiconductor's Days Payable falls into.


ROCO:6708
82GF Score
Mars Semiconductor Corp ROCO:6708
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mars Semiconductor 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.

Mars Semiconductor'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
=( (5.769 + 9.152) / 2 ) / 131.451*365
=7.4605 / 131.451*365
=20.72

Mars Semiconductor's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9.152 + 18.59) / 2 ) / 25.476*365 / 4
=13.871 / 25.476*365 / 4
=49.68

* 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 49.68 mean?
Mars Semiconductor (ROCO:6708) has a Days Payable of 49.68 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mars Semiconductor and its competitors. This is near median its historical median of 52.18. Over the past decade, Mars Semiconductor's Days Payable has ranged from 20.72 to 88.65. According to the industry distribution chart, Mars Semiconductor ranks #2074 out of 2441 companies in the Hardware industry, placing it in the top 85%.
Is Mars Semiconductor's Days Payable too high?
Mars Semiconductor's current Days Payable of 49.68 is near median its 10-year median of 52.18. Over the past 10 years, this metric has ranged from a low of 20.72 to a high of 88.65. The Hardware industry median Days Payable is 70.03. Mars Semiconductor's value of 49.68 is 29.1% below this industry median. Based on the distribution chart, Mars Semiconductor ranks #2074 out of 2441 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mars Semiconductor has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mars Semiconductor's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mars Semiconductor ranks #2074 out of 2441 companies for Days Payable. This places Mars Semiconductor in the lower half of its industry. The industry median Days Payable is 70.03. Mars Semiconductor's value of 49.68 is 29.1% below this benchmark. Historically, Mars Semiconductor's own Days Payable has ranged from 20.72 to 88.65 over the past decade. While the company's 10-year median is 52.18 vs. the industry median of 70.03, Mars Semiconductor 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 70.03, based on 2,441 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. Mars Semiconductor's current Days Payable of 49.68 is 29.1% 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 Mars Semiconductor and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mars Semiconductor's current Days Payable is 49.68, which is near median its own 10-year median of 52.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Mars Semiconductor (ROCO:6708) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.42, compared to a current price of NT$38.65 — trading 27.6% below its estimated fair value. The current Days Payable is 49.68, which is near median its 10-year median of 52.18 and 29.1% below the Hardware industry median of 70.03. Mars Semiconductor's overall GF Score™ is 82/100 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 Mars Semiconductor (ROCO:6708), the current Days Payable is 49.68 as of Mar. 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 Mars Semiconductor (ROCO:6708) Overvalued in 2026?

Based on GuruFocus' analysis, Mars Semiconductor stock appears to be undervalued. The current stock price of NT$38.65 is trading 27.6% below its estimated GF Value™ of NT$53.42. GuruFocus considers Mars Semiconductor to be Modestly Undervalued.

Key valuation signals for ROCO:6708:

  • Days Payable: 49.68 (near median its 10-year median of 52.18)
  • GF Value™: NT$53.42 vs. price of NT$38.65 (27.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 29.1% below the Hardware median (#2074 of 2441)

No single metric tells the full story. See the ROCO:6708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mars Semiconductor Business Description

Address No. 1, Lixing 1st Road, Room C5, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN
Mars Semiconductor Corp is a bandwidth wireless audio and video chip design company. It provides wireless cloud system service (SaaS) software and hardware integration services. The company's products include wireless home security, wireless cars, and wireless baby monitors.
82GF Score

Get the complete analysis for ROCO:6708

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

NT$38.65
Price
NT$53.42
GF Value