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Luminescence TechnologyROCO:6729 +2.33%77 Days Payable is 15.06 as of Dec. 2025, which is 36% below its 10-year median of 23.66. GuruFocus rates ROCO:6729 with a GF Score™ of 77/100 and a GF Value™ of NT$24.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,553 Chemicals companies, Luminescence Technology ranks worse than 97.17% on this metric.
* 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.
For the Chemicals subindustry, Luminescence 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.
Luminescence Technology Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Luminescence Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Luminescence 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.
Luminescence 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.
Luminescence Technology (ROCO:6729) has a Days Payable of 15.06 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 Luminescence Technology and its competitors. This is 36% below median its historical median of 23.66. Over the past decade, Luminescence Technology's Days Payable has ranged from 6.70 to 68.36. According to the industry distribution chart, Luminescence Technology ranks #1509 out of 1553 companies in the Chemicals industry, placing it in the top 97.2%.
Is Luminescence Technology's Days Payable too high?
Luminescence Technology's current Days Payable of 15.06 is 36% below median its 10-year median of 23.66. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 68.36. The Chemicals industry median Days Payable is 59.70. Luminescence Technology's value of 15.06 is 74.8% below this industry median. Based on the distribution chart, Luminescence Technology ranks #1509 out of 1553 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Luminescence Technology has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luminescence Technology's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Luminescence Technology ranks #1509 out of 1553 companies for Days Payable. This places Luminescence Technology in the lower half of its industry. The industry median Days Payable is 59.70. Luminescence Technology's value of 15.06 is 74.8% below this benchmark. Historically, Luminescence Technology's own Days Payable has ranged from 6.70 to 68.36 over the past decade. While the company's 10-year median is 23.66 vs. the industry median of 59.70, Luminescence Technology 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.70, based on 1,553 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. Luminescence Technology's current Days Payable of 15.06 is 74.8% 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 Luminescence Technology and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luminescence Technology's current Days Payable is 15.06, which is 36% below median its own 10-year median of 23.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luminescence Technology stock overvalued right now?
Based on GuruFocus' analysis, Luminescence Technology (ROCO:6729) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.68, compared to a current price of NT$52.70 — trading 113.5% above its estimated fair value. The current Days Payable is 15.06, which is 36% below median its 10-year median of 23.66 and 74.8% below the Chemicals industry median of 59.70. Luminescence Technology's overall GF Score™ is 77/100 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 Luminescence Technology (ROCO:6729), the current Days Payable is 15.06 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 Luminescence Technology (ROCO:6729) Overvalued in 2026?
Based on GuruFocus' analysis, Luminescence Technology stock appears to be overvalued.
The current stock price of NT$52.70 is trading 113.5% above its estimated GF Value™ of NT$24.68.
GuruFocus considers Luminescence Technology to be Significantly Overvalued.
Key valuation signals for ROCO:6729:
Days Payable: 15.06 (36% below median its 10-year median of 23.66)
GF Value™: NT$24.68 vs. price of NT$52.70 (113.5% above fair value)
Industry Position: 74.8% below the Chemicals median (#1509 of 1553)
No single metric tells the full story. See the ROCO:6729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luminescence Technology Corp is a Taiwan based chemical manufacturing company. The firm's product range consists of OLED material, OPV material, OTFT material, Organic intermediates, Boronic Acid, ITO patterned glass and components among others.
77GF Score
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