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* 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 Electronic Components subindustry, Apex Material 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.
Apex Material Technology Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Apex Material Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Apex Material 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.
Apex Material 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.
Apex Material Technology (ROCO:6899) has a Days Payable of 34.02 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 Apex Material Technology and its competitors. This is near median its historical median of 32.38. Over the past decade, Apex Material Technology's Days Payable has ranged from 23.85 to 50.10. According to the industry distribution chart, Apex Material Technology ranks #2008 out of 2443 companies in the Hardware industry, placing it in the top 82.2%.
Is Apex Material Technology's Days Payable too high?
Apex Material Technology's current Days Payable of 34.02 is near median its 10-year median of 32.38. Over the past 10 years, this metric has ranged from a low of 23.85 to a high of 50.10. The Hardware industry median Days Payable is 69.94. Apex Material Technology's value of 34.02 is 51.4% below this industry median. Based on the distribution chart, Apex Material Technology ranks #2008 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Apex Material Technology has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Material Technology's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Apex Material Technology ranks #2008 out of 2443 companies for Days Payable. This places Apex Material Technology in the lower half of its industry. The industry median Days Payable is 69.94. Apex Material Technology's value of 34.02 is 51.4% below this benchmark. Historically, Apex Material Technology's own Days Payable has ranged from 23.85 to 50.10 over the past decade. While the company's 10-year median is 32.38 vs. the industry median of 69.94, Apex Material 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,443 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. Apex Material Technology's current Days Payable of 34.02 is 51.4% 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 Apex Material Technology and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Material Technology's current Days Payable is 34.02, which is near median its own 10-year median of 32.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Apex Material Technology (ROCO:6899) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$60.20, compared to a current price of NT$52.60 — trading 12.6% below its estimated fair value. The current Days Payable is 34.02, which is near median its 10-year median of 32.38 and 51.4% below the Hardware industry median of 69.94. Apex Material Technology's overall GF Score™ is 65/100 with 3 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 Apex Material Technology (ROCO:6899), the current Days Payable is 34.02 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 Apex Material Technology (ROCO:6899) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Material Technology stock appears to be undervalued.
The current stock price of NT$52.60 is trading 12.6% below its estimated GF Value™ of NT$60.20.
GuruFocus considers Apex Material Technology to be Modestly Undervalued.
Key valuation signals for ROCO:6899:
Days Payable: 34.02 (near median its 10-year median of 32.38)
GF Value™: NT$60.20 vs. price of NT$52.60 (12.6% below fair value)
Industry Position: 51.4% below the Hardware median (#2008 of 2443)
No single metric tells the full story. See the ROCO:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Material Technology Corp manufactures resistive and projected capacitive (PCAP) touch screens, and PenMount touch screen controllers for the industrial, medical, and commercial sectors. Its product offerings comprise open frame touch screen monitor, optical bonding service, solutions for touch screen display, projected capacitive touch screen, and resistive touch screen.
65GF Score
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