Kingray Technology Co (ROCO:6787) Days Payable: 53.85 (As of Dec. 2025) — 74% Above Median

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ROCO:6787 Kingray Technology Co Ltd ROCO:6787
76 GF Score
Price NT$30.10
GF Value NT$47.18
Valuation Significantly Undervalued
View Full Analysis

What is Kingray Technology Co Days Payable?

Kingray Technology Co ROCO:6787 -1.31% 76 Days Payable is 53.85 as of Dec. 2025, which is 74% above its 10-year median of 30.91. GuruFocus rates ROCO:6787 with a GF Score™ of 76/100 and a GF Value™ of NT$47.18 (Significantly Undervalued). Among 999 Semiconductors companies, Kingray Technology Co ranks worse than 50.35% on this metric.

Kingray Technology Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$39.8 Mil. Kingray Technology Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$134.8 Mil. Hence, Kingray Technology Co's Days Payable for the six months ended in Dec. 2025 was 53.85.

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

ROCO:6787' s Days Payable Range Over the Past 10 Years
Min: 9.38   Med: 30.91   Max: 52.73
Current: 52.73

During the past 9 years, Kingray Technology Co's highest Days Payable was 52.73. The lowest was 9.38. And the median was 30.91.

ROCO:6787's Days Payable is ranked worse than
50.35% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs ROCO:6787: 52.73

Kingray Technology Co's Days Payable declined from Dec. 2024 (56.41) to Dec. 2025 (53.85). It may suggest that Kingray Technology Co accelerated paying its suppliers.


Kingray Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kingray 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.

Kingray Technology Co Days Payable Chart

Kingray Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 36.30 20.88 38.98 51.41 45.14

Kingray Technology Co Semi-Annual Data
Dec17 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 35.89 58.48 56.41 60.13 53.85

ROCO:6787 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Kingray 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.


Kingray Technology Co Days Payable vs Semiconductors Industry

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

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


ROCO:6787
76GF Score
Kingray Technology Co Ltd ROCO:6787
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingray 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.

Kingray 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
=( (22.111 + 35.904) / 2 ) / 234.554*365
=29.0075 / 234.554*365
=45.14

Kingray 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (43.639 + 35.904) / 2 ) / 134.775*365 / 2
=39.7715 / 134.775*365 / 2
=53.85

* 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 53.85 mean?
Kingray Technology Co (ROCO:6787) has a Days Payable of 53.85 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 Kingray Technology Co and its competitors. This is 74% above median its historical median of 30.91. Over the past decade, Kingray Technology Co's Days Payable has ranged from 9.38 to 52.73. According to the industry distribution chart, Kingray Technology Co ranks #503 out of 999 companies in the Semiconductors industry, placing it in the top 50.4%.
Is Kingray Technology Co's Days Payable too high?
Kingray Technology Co's current Days Payable of 53.85 is 74% above median its 10-year median of 30.91. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 52.73. The Semiconductors industry median Days Payable is 53.06. Kingray Technology Co's value of 53.85 is 1.5% above this industry median. Based on the distribution chart, Kingray Technology Co ranks #503 out of 999 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Kingray Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kingray Technology Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kingray Technology Co ranks #503 out of 999 companies for Days Payable. This places Kingray Technology Co in the lower half of its industry. The industry median Days Payable is 53.06. Kingray Technology Co's value of 53.85 is 1.5% above this benchmark. Historically, Kingray Technology Co's own Days Payable has ranged from 9.38 to 52.73 over the past decade. While the company's 10-year median is 30.91 vs. the industry median of 53.06, Kingray 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 53.06, 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. Kingray Technology Co's current Days Payable of 53.85 is 1.5% 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 Kingray Technology Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingray Technology Co's current Days Payable is 53.85, which is 74% above median its own 10-year median of 30.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingray Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Kingray Technology Co (ROCO:6787) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$47.18, compared to a current price of NT$30.10 — trading 36.2% below its estimated fair value. The current Days Payable is 53.85, which is 74% above median its 10-year median of 30.91 and 1.5% above the Semiconductors industry median of 53.06. Kingray Technology Co's overall GF Score™ is 76/100. 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 Kingray Technology Co (ROCO:6787), the current Days Payable is 53.85 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 Kingray Technology Co (ROCO:6787) Overvalued in 2026?

Based on GuruFocus' analysis, Kingray Technology Co stock appears to be undervalued. The current stock price of NT$30.10 is trading 36.2% below its estimated GF Value™ of NT$47.18. GuruFocus considers Kingray Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:6787:

  • Days Payable: 53.85 (74% above median its 10-year median of 30.91)
  • GF Value™: NT$47.18 vs. price of NT$30.10 (36.2% below fair value)
  • GF Score™: 76/100
  • Industry Position: 1.5% above the Semiconductors median (#503 of 999)

No single metric tells the full story. See the ROCO:6787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingray Technology Co Business Description

Address No. 256, Daming Road, Jilinli, Zhudong Town, Hsinchu County, TWN, 31042
Kingray Technology Co Ltd is focused on the business of optical instruments, electronic components and precision equipment manufacturing, and international trade industry, electronic materials wholesale and retail industry, etc.
76GF Score

Get the complete analysis for ROCO:6787

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

NT$30.10
Price
NT$47.18
GF Value