Igiant Optics Co (ROCO:6915) Days Payable: 11.06 (As of Jun. 2026) — 38% Below Median

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ROCO:6915 Igiant Optics Co Ltd ROCO:6915
49 GF Score
Price NT$42.15
GF Value NT$13.68
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Igiant Optics Co Days Payable?

Igiant Optics Co ROCO:6915 -1.63% 49 Days Payable is 11.06 as of Jun. 2026, which is 38% below its 10-year median of 17.74. GuruFocus rates ROCO:6915 with a GF Score™ of 49/100 and a GF Value™ of NT$13.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,003 Semiconductors companies, Igiant Optics Co ranks worse than 96.21% on this metric.

Igiant Optics Co's average Accounts Payable for the six months ended in Jun. 2026 was NT$4.8 Mil. Igiant Optics Co's Cost of Goods Sold for the six months ended in Jun. 2026 was NT$79.8 Mil. Hence, Igiant Optics Co's Days Payable for the six months ended in Jun. 2026 was 11.06.

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

ROCO:6915' s Days Payable Range Over the Past 10 Years
Min: 12.22   Med: 17.74   Max: 31.36
Current: 12.22

During the past 8 years, Igiant Optics Co's highest Days Payable was 31.36. The lowest was 12.22. And the median was 17.74.

ROCO:6915's Days Payable is ranked worse than
96.21% of 1003 companies
in the Semiconductors industry
Industry Median: 54.7 vs ROCO:6915: 12.22

Igiant Optics Co's Days Payable declined from Jun. 2025 (14.80) to Jun. 2026 (11.06). It may suggest that Igiant Optics Co accelerated paying its suppliers.


Igiant Optics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Igiant Optics 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.

Igiant Optics Co Days Payable Chart

Igiant Optics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 31.36 17.74 15.59 14.99 15.10

Igiant Optics Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 15.23 15.59 14.80 14.44 11.06

ROCO:6915 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Igiant Optics 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.


Igiant Optics Co Days Payable vs Semiconductors Industry

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

* The bar in red indicates where Igiant Optics Co's Days Payable falls into.


ROCO:6915
49GF Score
Igiant Optics Co Ltd ROCO:6915
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Igiant Optics 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.

Igiant Optics 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
=( (8.746 + 6.804) / 2 ) / 187.984*365
=7.775 / 187.984*365
=15.10

Igiant Optics Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (6.804 + 2.863) / 2 ) / 79.76*365 / 2
=4.8335 / 79.76*365 / 2
=11.06

* 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 11.06 mean?
Igiant Optics Co (ROCO:6915) has a Days Payable of 11.06 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Igiant Optics Co and its competitors. This is 38% below median its historical median of 17.74. Over the past decade, Igiant Optics Co's Days Payable has ranged from 12.22 to 31.36. According to the industry distribution chart, Igiant Optics Co ranks #965 out of 1003 companies in the Semiconductors industry, placing it in the top 96.2%.
Is Igiant Optics Co's Days Payable too high?
Igiant Optics Co's current Days Payable of 11.06 is 38% below median its 10-year median of 17.74. Over the past 10 years, this metric has ranged from a low of 12.22 to a high of 31.36. The Semiconductors industry median Days Payable is 54.70. Igiant Optics Co's value of 11.06 is 79.8% below this industry median. Based on the distribution chart, Igiant Optics Co ranks #965 out of 1003 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Igiant Optics Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Igiant Optics Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Igiant Optics Co ranks #965 out of 1003 companies for Days Payable. This places Igiant Optics Co in the lower half of its industry. The industry median Days Payable is 54.70. Igiant Optics Co's value of 11.06 is 79.8% below this benchmark. Historically, Igiant Optics Co's own Days Payable has ranged from 12.22 to 31.36 over the past decade. While the company's 10-year median is 17.74 vs. the industry median of 54.70, Igiant Optics Co 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 54.70, based on 1,003 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. Igiant Optics Co's current Days Payable of 11.06 is 79.8% 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 Igiant Optics Co and its competitors. For the Semiconductors industry, the median Days Payable is 54.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igiant Optics Co's current Days Payable is 11.06, which is 38% below median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igiant Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Igiant Optics Co (ROCO:6915) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.68, compared to a current price of NT$42.15 — trading 208.1% above its estimated fair value. The current Days Payable is 11.06, which is 38% below median its 10-year median of 17.74 and 79.8% below the Semiconductors industry median of 54.70. Igiant Optics Co's overall GF Score™ is 49/100 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 Igiant Optics Co (ROCO:6915), the current Days Payable is 11.06 as of Jun. 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 Igiant Optics Co (ROCO:6915) Overvalued in 2026?

Based on GuruFocus' analysis, Igiant Optics Co stock appears to be overvalued. The current stock price of NT$42.15 is trading 208.1% above its estimated GF Value™ of NT$13.68. GuruFocus considers Igiant Optics Co to be Significantly Overvalued.

Key valuation signals for ROCO:6915:

  • Days Payable: 11.06 (38% below median its 10-year median of 17.74)
  • GF Value™: NT$13.68 vs. price of NT$42.15 (208.1% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 79.8% below the Semiconductors median (#965 of 1003)

No single metric tells the full story. See the ROCO:6915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Igiant Optics Co Business Description

Address No. 13-1, Zhonghua Road, Hukou Township, Hsinchu, TWN, 303
Igiant Optics Co Ltd is an optical design and manufacturing company. It offers precision micro molding on parts, Dual shot molding & insert molding, Micro molding on composites, LDS (Laser Direct Structuring), LF, LSR (Liquid Silicone Rubber), and Optical solution. Its service offerings comprise optical design, tool fabrication, precision injection, automation to full-scale inspection.
49GF Score

Get the complete analysis for ROCO:6915

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

NT$42.15
Price
NT$13.68
GF Value