ION Electronic Materials Co (ROCO:6959) Days Payable: 40.35 (As of Dec. 2025) — 24% Below Median


ROCO:6959 ION Electronic Materials Co Ltd ROCO:6959
51 GF Score
Price NT$132.00
GF Value NT$89.33
Valuation Significantly Overvalued
! 4 Warning Signs
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What is ION Electronic Materials Co Days Payable?

ION Electronic Materials Co ROCO:6959 51 Days Payable is 40.35 as of Dec. 2025, which is 24% below its 10-year median of 52.86. GuruFocus rates ROCO:6959 with a GF Score™ of 51/100 and a GF Value™ of NT$89.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,551 Chemicals companies, ION Electronic Materials Co ranks worse than 63.57% on this metric.

ION Electronic Materials Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$69.3 Mil. ION Electronic Materials Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$313.6 Mil. Hence, ION Electronic Materials Co's Days Payable for the six months ended in Dec. 2025 was 40.35.

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

ROCO:6959' s Days Payable Range Over the Past 10 Years
Min: 27.14   Med: 52.86   Max: 60.92
Current: 46.89

During the past 7 years, ION Electronic Materials Co's highest Days Payable was 60.92. The lowest was 27.14. And the median was 52.86.

ROCO:6959's Days Payable is ranked worse than
63.57% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs ROCO:6959: 46.89

ION Electronic Materials Co's Days Payable declined from Dec. 2024 (51.72) to Dec. 2025 (40.35). It may suggest that ION Electronic Materials Co accelerated paying its suppliers.


ION Electronic Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for ION Electronic Materials 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.

ION Electronic Materials Co Days Payable Chart

ION Electronic Materials Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 53.38 38.27 60.92 54.89 52.34

ION Electronic Materials Co Semi-Annual Data
Dec19 Dec20 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 50.87 38.50 51.72 48.20 40.35

ROCO:6959 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, ION Electronic Materials 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.


ION Electronic Materials Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ION Electronic Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ION Electronic Materials Co's Days Payable falls into.


ROCO:6959
51GF Score
ION Electronic Materials Co Ltd ROCO:6959
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ION Electronic Materials 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.

ION Electronic Materials 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
=( (96.469 + 78.498) / 2 ) / 610.08*365
=87.4835 / 610.08*365
=52.34

ION Electronic Materials 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
=( (60.166 + 78.498) / 2 ) / 313.571*365 / 2
=69.332 / 313.571*365 / 2
=40.35

* 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 40.35 mean?
ION Electronic Materials Co (ROCO:6959) has a Days Payable of 40.35 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 ION Electronic Materials Co and its competitors. This is 24% below median its historical median of 52.86. Over the past decade, ION Electronic Materials Co's Days Payable has ranged from 27.14 to 60.92. According to the industry distribution chart, ION Electronic Materials Co ranks #986 out of 1551 companies in the Chemicals industry, placing it in the top 63.6%.
Is ION Electronic Materials Co's Days Payable too high?
ION Electronic Materials Co's current Days Payable of 40.35 is 24% below median its 10-year median of 52.86. Over the past 10 years, this metric has ranged from a low of 27.14 to a high of 60.92. The Chemicals industry median Days Payable is 59.87. ION Electronic Materials Co's value of 40.35 is 32.6% below this industry median. Based on the distribution chart, ION Electronic Materials Co ranks #986 out of 1551 companies in the Chemicals industry, which is below the industry midpoint. Overall, ION Electronic Materials Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ION Electronic Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, ION Electronic Materials Co ranks #986 out of 1551 companies for Days Payable. This places ION Electronic Materials Co in the lower half of its industry. The industry median Days Payable is 59.87. ION Electronic Materials Co's value of 40.35 is 32.6% below this benchmark. Historically, ION Electronic Materials Co's own Days Payable has ranged from 27.14 to 60.92 over the past decade. While the company's 10-year median is 52.86 vs. the industry median of 59.87, ION Electronic Materials 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,551 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. ION Electronic Materials Co's current Days Payable of 40.35 is 32.6% 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 ION Electronic Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ION Electronic Materials Co's current Days Payable is 40.35, which is 24% below median its own 10-year median of 52.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ION Electronic Materials Co stock overvalued right now?
Based on GuruFocus' analysis, ION Electronic Materials Co (ROCO:6959) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$89.33, compared to a current price of NT$132.00 — trading 47.8% above its estimated fair value. The current Days Payable is 40.35, which is 24% below median its 10-year median of 52.86 and 32.6% below the Chemicals industry median of 59.87. ION Electronic Materials Co's overall GF Score™ is 51/100 with 4 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 ION Electronic Materials Co (ROCO:6959), the current Days Payable is 40.35 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 ION Electronic Materials Co (ROCO:6959) Overvalued in 2026?

Based on GuruFocus' analysis, ION Electronic Materials Co stock appears to be overvalued. The current stock price of NT$132.00 is trading 47.8% above its estimated GF Value™ of NT$89.33. GuruFocus considers ION Electronic Materials Co to be Significantly Overvalued.

Key valuation signals for ROCO:6959:

  • Days Payable: 40.35 (24% below median its 10-year median of 52.86)
  • GF Value™: NT$89.33 vs. price of NT$132.00 (47.8% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 32.6% below the Chemicals median (#986 of 1551)

No single metric tells the full story. See the ROCO:6959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ION Electronic Materials Co Business Description

Address No. 195, Xiangxi Road, Hukou Township, Hsinchu, TWN, 303103
ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.
51GF Score

Get the complete analysis for ROCO:6959

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

NT$132.00
Price
NT$89.33
GF Value