Rapidtek Technologies (ROCO:6980) Days Payable: 92.28 (As of Jun. 2026) — 64% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6980 Rapidtek Technologies Inc ROCO:6980
48 GF Score
Price NT$117.00
GF Value NT$126.07
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Rapidtek Technologies Days Payable?

Rapidtek Technologies ROCO:6980 48 Days Payable is 92.28 as of Jun. 2026, which is 64% above its 10-year median of 56.13. GuruFocus rates ROCO:6980 with a GF Score™ of 48/100 and a GF Value™ of NT$126.07 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,439 Hardware companies, Rapidtek Technologies ranks better than 59.04% on this metric.

Rapidtek Technologies's average Accounts Payable for the six months ended in Jun. 2026 was NT$87.2 Mil. Rapidtek Technologies's Cost of Goods Sold for the six months ended in Jun. 2026 was NT$172.4 Mil. Hence, Rapidtek Technologies's Days Payable for the six months ended in Jun. 2026 was 92.28.

The historical rank and industry rank for Rapidtek Technologies's Days Payable or its related term are showing as below:

ROCO:6980' s Days Payable Range Over the Past 10 Years
Min: 30.96   Med: 56.13   Max: 87.72
Current: 83.14

During the past 5 years, Rapidtek Technologies's highest Days Payable was 87.72. The lowest was 30.96. And the median was 56.13.

ROCO:6980's Days Payable is ranked better than
59.04% of 2439 companies
in the Hardware industry
Industry Median: 70.04 vs ROCO:6980: 83.14

Rapidtek Technologies's Days Payable increased from Jun. 2025 (53.39) to Jun. 2026 (92.28). It may suggest that Rapidtek Technologies delayed paying its suppliers.


Rapidtek Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Rapidtek Technologies'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.

Rapidtek Technologies Days Payable Chart

Rapidtek Technologies Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
45.47 56.13 58.79 30.96 87.72

Rapidtek Technologies Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.88 23.30 53.39 92.90 92.28

ROCO:6980 vs CSCO, MSI, HPE: Days Payable Comparison

For the Communication Equipment subindustry, Rapidtek Technologies'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.


Rapidtek Technologies Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Rapidtek Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Rapidtek Technologies's Days Payable falls into.


ROCO:6980
48GF Score
Rapidtek Technologies Inc ROCO:6980
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rapidtek Technologies 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.

Rapidtek Technologies'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
=( (18.375 + 106.809) / 2 ) / 260.434*365
=62.592 / 260.434*365
=87.72

Rapidtek Technologies'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
=( (106.809 + 67.556) / 2 ) / 172.422*365 / 2
=87.1825 / 172.422*365 / 2
=92.28

* 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 92.28 mean?
Rapidtek Technologies (ROCO:6980) has a Days Payable of 92.28 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 Rapidtek Technologies and its competitors. This is 64% above median its historical median of 56.13. Over the past decade, Rapidtek Technologies' Days Payable has ranged from 30.96 to 87.72. According to the industry distribution chart, Rapidtek Technologies ranks #999 out of 2439 companies in the Hardware industry, placing it in the top 41%.
Is Rapidtek Technologies' Days Payable too high?
Rapidtek Technologies' current Days Payable of 92.28 is 64% above median its 10-year median of 56.13. Over the past 10 years, this metric has ranged from a low of 30.96 to a high of 87.72. The Hardware industry median Days Payable is 70.04. Rapidtek Technologies' value of 92.28 is 31.8% above this industry median. Based on the distribution chart, Rapidtek Technologies ranks #999 out of 2439 companies in the Hardware industry, which is above the industry midpoint. Overall, Rapidtek Technologies has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rapidtek Technologies' Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Rapidtek Technologies ranks #999 out of 2439 companies for Days Payable. This puts Rapidtek Technologies in the upper half of its industry. The industry median Days Payable is 70.04. Rapidtek Technologies' value of 92.28 is 31.8% above this benchmark. Historically, Rapidtek Technologies' own Days Payable has ranged from 30.96 to 87.72 over the past decade. While the company's 10-year median is 56.13 vs. the industry median of 70.04, Rapidtek Technologies 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 Hardware company?
The median Days Payable among Hardware companies is 70.04, based on 2,439 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. Rapidtek Technologies's current Days Payable of 92.28 is 31.8% 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 Rapidtek Technologies and its competitors. For the Hardware industry, the median Days Payable is 70.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rapidtek Technologies's current Days Payable is 92.28, which is 64% above median its own 10-year median of 56.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapidtek Technologies stock overvalued right now?
Based on GuruFocus' analysis, Rapidtek Technologies (ROCO:6980) is currently considered Fairly Valued. The stock's GF Value™ is NT$126.07, compared to a current price of NT$117.00 — trading 7.2% below its estimated fair value. The current Days Payable is 92.28, which is 64% above median its 10-year median of 56.13 and 31.8% above the Hardware industry median of 70.04. Rapidtek Technologies' overall GF Score™ is 48/100 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 Rapidtek Technologies (ROCO:6980), the current Days Payable is 92.28 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 Rapidtek Technologies (ROCO:6980) Overvalued in 2026?

Based on GuruFocus' analysis, Rapidtek Technologies stock appears to be undervalued. The current stock price of NT$117.00 is trading 7.2% below its estimated GF Value™ of NT$126.07. GuruFocus considers Rapidtek Technologies to be Fairly Valued.

Key valuation signals for ROCO:6980:

  • Days Payable: 92.28 (64% above median its 10-year median of 56.13)
  • GF Value™: NT$126.07 vs. price of NT$117.00 (7.2% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 31.8% above the Hardware median (#999 of 2439)

No single metric tells the full story. See the ROCO:6980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rapidtek Technologies Business Description

Address Xintai 5th Road, Rm. 4, 20th Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN
Rapidtek Technologies Inc is an antenna designer and RF testing manufacturer. The company covers market areas that cover semiconductor IC design, electronic manufacturing, the electric vehicle industry, the Internet of Things, downstream of the medical industry, and others. The products and services offered by the company includes mWave Test Solution, SmartAuto, and Advance RF RD Center.
48GF Score

Get the complete analysis for ROCO:6980

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

NT$117.00
Price
NT$126.07
GF Value