Major Power Technology Co (ROCO:6720) Days Payable: 66.20 (As of Dec. 2025) — 106% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6720 Major Power Technology Co Ltd ROCO:6720
89 GF Score
Price NT$138.50
GF Value NT$117.30
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Major Power Technology Co Days Payable?

Major Power Technology Co ROCO:6720 -1.07% 89 Days Payable is 66.20 as of Dec. 2025, which is 106% above its 10-year median of 32.18. GuruFocus rates ROCO:6720 with a GF Score™ of 89/100 and a GF Value™ of NT$117.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, Major Power Technology Co ranks better than 56.16% on this metric.

Major Power Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$36.3 Mil. Major Power Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$50.1 Mil. Hence, Major Power Technology Co's Days Payable for the three months ended in Dec. 2025 was 66.20.

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

ROCO:6720' s Days Payable Range Over the Past 10 Years
Min: 18.43   Med: 32.18   Max: 59.89
Current: 58.17

During the past 10 years, Major Power Technology Co's highest Days Payable was 59.89. The lowest was 18.43. And the median was 32.18.

ROCO:6720's Days Payable is ranked better than
56.16% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs ROCO:6720: 58.17

Major Power Technology Co's Days Payable increased from Dec. 2024 (54.33) to Dec. 2025 (66.20). It may suggest that Major Power Technology Co delayed paying its suppliers.


Major Power Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Major Power Technology Co'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.

Major Power Technology Co Days Payable Chart

Major Power Technology Co 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 44.18 52.44 32.55 31.22 59.89

Major Power Technology Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 54.33 47.27 48.09 75.42 66.20

ROCO:6720 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Major Power Technology Co'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.


Major Power Technology Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Major Power Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Major Power Technology Co's Days Payable falls into.


ROCO:6720
89GF Score
Major Power Technology Co Ltd ROCO:6720
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Major Power Technology Co 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.

Major Power Technology Co'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
=( (23.222 + 39.982) / 2 ) / 192.602*365
=31.602 / 192.602*365
=59.89

Major Power Technology Co'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
=( (32.695 + 39.982) / 2 ) / 50.09*365 / 4
=36.3385 / 50.09*365 / 4
=66.20

* 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 66.20 mean?
Major Power Technology Co (ROCO:6720) has a Days Payable of 66.20 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 Major Power Technology Co and its competitors. This is 106% above median its historical median of 32.18. Over the past decade, Major Power Technology Co's Days Payable has ranged from 18.43 to 59.89. According to the industry distribution chart, Major Power Technology Co ranks #438 out of 999 companies in the Semiconductors industry, placing it in the top 43.8%.
Is Major Power Technology Co's Days Payable too high?
Major Power Technology Co's current Days Payable of 66.20 is 106% above median its 10-year median of 32.18. Over the past 10 years, this metric has ranged from a low of 18.43 to a high of 59.89. The Semiconductors industry median Days Payable is 53.16. Major Power Technology Co's value of 66.20 is 24.5% above this industry median. Based on the distribution chart, Major Power Technology Co ranks #438 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Major Power Technology Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Power Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Major Power Technology Co ranks #438 out of 999 companies for Days Payable. This puts Major Power Technology Co in the upper half of its industry. The industry median Days Payable is 53.16. Major Power Technology Co's value of 66.20 is 24.5% above this benchmark. Historically, Major Power Technology Co's own Days Payable has ranged from 18.43 to 59.89 over the past decade. While the company's 10-year median is 32.18 vs. the industry median of 53.16, Major Power Technology Co 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. Major Power Technology Co's current Days Payable of 66.20 is 24.5% 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 Major Power Technology Co 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. Major Power Technology Co's current Days Payable is 66.20, which is 106% above median its own 10-year median of 32.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Power Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Major Power Technology Co (ROCO:6720) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$117.30, compared to a current price of NT$138.50 — trading 18.1% above its estimated fair value. The current Days Payable is 66.20, which is 106% above median its 10-year median of 32.18 and 24.5% above the Semiconductors industry median of 53.16. Major Power Technology Co's overall GF Score™ is 89/100 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 Major Power Technology Co (ROCO:6720), the current Days Payable is 66.20 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 Major Power Technology Co (ROCO:6720) Overvalued in 2026?

Based on GuruFocus' analysis, Major Power Technology Co stock appears to be overvalued. The current stock price of NT$138.50 is trading 18.1% above its estimated GF Value™ of NT$117.30. GuruFocus considers Major Power Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:6720:

  • Days Payable: 66.20 (106% above median its 10-year median of 32.18)
  • GF Value™: NT$117.30 vs. price of NT$138.50 (18.1% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 24.5% above the Semiconductors median (#438 of 999)

No single metric tells the full story. See the ROCO:6720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Major Power Technology Co Business Description

Address No. 6-1, Duxing Road, 2nd Floor, Hsinchu Science Park, East District, Hsinchu, TWN, 30070
Major Power Technology Co Ltd is a Taiwan-based IC design company involved in the development of Hall sensor and analog Power management components. Its product offerings include Buck, Boost, and Hall IC.
89GF Score

Get the complete analysis for ROCO:6720

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

NT$138.50
Price
NT$117.30
GF Value