Forcelead Technology (ROCO:6996) Days Payable: 60.69 (As of Jun. 2026) — Near Median

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ROCO:6996 Forcelead Technology Corp ROCO:6996
78 GF Score
Price NT$183.50
GF Value NT$205.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Forcelead Technology Days Payable?

Forcelead Technology ROCO:6996 +0.27% 78 Days Payable is 60.69 as of Jun. 2026, which is 8% above its 10-year median of 56.26. GuruFocus rates ROCO:6996 with a GF Score™ of 78/100 and a GF Value™ of NT$205.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,440 Hardware companies, Forcelead Technology ranks worse than 56.02% on this metric.

Forcelead Technology's average Accounts Payable for the three months ended in Jun. 2026 was NT$327 Mil. Forcelead Technology's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$491 Mil. Hence, Forcelead Technology's Days Payable for the three months ended in Jun. 2026 was 60.69.

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

ROCO:6996' s Days Payable Range Over the Past 10 Years
Min: 40.64   Med: 56.26   Max: 88.75
Current: 63.55

During the past 6 years, Forcelead Technology's highest Days Payable was 88.75. The lowest was 40.64. And the median was 56.26.

ROCO:6996's Days Payable is ranked worse than
56.02% of 2440 companies
in the Hardware industry
Industry Median: 70.05 vs ROCO:6996: 63.55

Forcelead Technology's Days Payable increased from Jun. 2025 (54.78) to Jun. 2026 (60.69). It may suggest that Forcelead Technology delayed paying its suppliers.


Forcelead Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Forcelead Technology'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.

Forcelead Technology Days Payable Chart

Forcelead Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 46.59 56.55 40.64 55.97 71.15

Forcelead Technology Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only Premium Member Only Premium Member Only 54.78 63.84 65.83 70.85 60.69

ROCO:6996 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Forcelead 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.


Forcelead Technology Days Payable vs Hardware Industry

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

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


ROCO:6996
78GF Score
Forcelead Technology Corp ROCO:6996
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forcelead Technology 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.

Forcelead Technology'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
=( (289.12 + 337.871) / 2 ) / 1608.278*365
=313.4955 / 1608.278*365
=71.15

Forcelead Technology'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: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (323.733 + 329.621) / 2 ) / 491.136*365 / 4
=326.677 / 491.136*365 / 4
=60.69

* 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 60.69 mean?
Forcelead Technology (ROCO:6996) has a Days Payable of 60.69 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 Forcelead Technology and its competitors. This is near median its historical median of 56.26. Over the past decade, Forcelead Technology's Days Payable has ranged from 40.64 to 88.75. According to the industry distribution chart, Forcelead Technology ranks #1367 out of 2440 companies in the Hardware industry, placing it in the top 56%.
Is Forcelead Technology's Days Payable too high?
Forcelead Technology's current Days Payable of 60.69 is near median its 10-year median of 56.26. Over the past 10 years, this metric has ranged from a low of 40.64 to a high of 88.75. The Hardware industry median Days Payable is 70.05. Forcelead Technology's value of 60.69 is 13.4% below this industry median. Based on the distribution chart, Forcelead Technology ranks #1367 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Forcelead Technology has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcelead Technology's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Forcelead Technology ranks #1367 out of 2440 companies for Days Payable. This places Forcelead Technology in the lower half of its industry. The industry median Days Payable is 70.05. Forcelead Technology's value of 60.69 is 13.4% below this benchmark. Historically, Forcelead Technology's own Days Payable has ranged from 40.64 to 88.75 over the past decade. While the company's 10-year median is 56.26 vs. the industry median of 70.05, Forcelead 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 70.05, based on 2,440 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. Forcelead Technology's current Days Payable of 60.69 is 13.4% 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 Forcelead Technology and its competitors. For the Hardware industry, the median Days Payable is 70.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcelead Technology's current Days Payable is 60.69, which is near median its own 10-year median of 56.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcelead Technology stock overvalued right now?
Based on GuruFocus' analysis, Forcelead Technology (ROCO:6996) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$205.42, compared to a current price of NT$183.50 — trading 10.7% below its estimated fair value. The current Days Payable is 60.69, which is near median its 10-year median of 56.26 and 13.4% below the Hardware industry median of 70.05. Forcelead Technology's overall GF Score™ is 78/100 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 Forcelead Technology (ROCO:6996), the current Days Payable is 60.69 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 Forcelead Technology (ROCO:6996) Overvalued in 2026?

Based on GuruFocus' analysis, Forcelead Technology stock appears to be undervalued. The current stock price of NT$183.50 is trading 10.7% below its estimated GF Value™ of NT$205.42. GuruFocus considers Forcelead Technology to be Modestly Undervalued.

Key valuation signals for ROCO:6996:

  • Days Payable: 60.69 (near median its 10-year median of 56.26)
  • GF Value™: NT$205.42 vs. price of NT$183.50 (10.7% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 13.4% below the Hardware median (#1367 of 2440)

No single metric tells the full story. See the ROCO:6996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forcelead Technology Business Description

Address Taiyuan 1st Street, 6Floor, Unit 9, No 5, Hsinchu County, Zhubei, TWN, 302
Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, and other products.
78GF Score

Get the complete analysis for ROCO:6996

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

NT$183.50
Price
NT$205.42
GF Value