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.
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.
MortechROCO:7419 -5.73%54 Days Payable is 22.64 as of Dec. 2025, which is 30% below its 10-year median of 32.24. GuruFocus rates ROCO:7419 with a GF Score™ of 54/100 and a GF Value™ of NT$10.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,443 Hardware companies, Mortech ranks worse than 92.71% on this metric.
Mortech's average Accounts Payable for the
six
months ended in Dec. 2025 was NT$4.81 Mil. Mortech's Cost of Goods Sold for the
six
months ended in Dec. 2025 was NT$38.81 Mil.
Hence, Mortech's Days Payable for the
six
months ended in Dec. 2025 was 22.64.
The historical rank and industry rank for Mortech's Days Payable or its related term are showing as below:
ROCO:7419'
s Days Payable Range Over the Past 10 Years
Min: 20.18 Med: 32.24 Max: 42.8
Current: 21.8
During the past 10 years, Mortech's highest Days Payable was 42.80. The lowest was 20.18. And the median was 32.24.
ROCO:7419's Days Payable is ranked worse than 92.71% of 2443
companies
in the Hardware industry
Industry Median: 69.89
vs ROCO:7419: 21.80
Mortech's Days Payable
increased
from Dec. 2024 (18.03) to Dec. 2025 (22.64).
It may suggest that Mortechdelayed paying its suppliers.
Mortech Days Payable Related Terms
Mortech Days Payable Historical Data
* Premium members only.
The historical data trend for Mortech'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.
For the Electronic Components subindustry, Mortech'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.
Mortech Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Mortech's Days Payable distribution charts can be found below:
* The bar in red indicates where Mortech'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.
Mortech'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.
Mortech (ROCO:7419) has a Days Payable of 22.64 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 Mortech and its competitors. This is 30% below median its historical median of 32.24. Over the past decade, Mortech's Days Payable has ranged from 20.18 to 42.80. According to the industry distribution chart, Mortech ranks #2265 out of 2443 companies in the Hardware industry, placing it in the top 92.7%.
Is Mortech's Days Payable too high?
Mortech's current Days Payable of 22.64 is 30% below median its 10-year median of 32.24. Over the past 10 years, this metric has ranged from a low of 20.18 to a high of 42.80. The Hardware industry median Days Payable is 69.89. Mortech's value of 22.64 is 67.6% below this industry median. Based on the distribution chart, Mortech ranks #2265 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mortech has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mortech's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Mortech ranks #2265 out of 2443 companies for Days Payable. This places Mortech in the lower half of its industry. The industry median Days Payable is 69.89. Mortech's value of 22.64 is 67.6% below this benchmark. Historically, Mortech's own Days Payable has ranged from 20.18 to 42.80 over the past decade. While the company's 10-year median is 32.24 vs. the industry median of 69.89, Mortech 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 69.89, 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. Mortech's current Days Payable of 22.64 is 67.6% 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 Mortech and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mortech's current Days Payable is 22.64, which is 30% below median its own 10-year median of 32.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mortech stock overvalued right now?
Based on GuruFocus' analysis, Mortech (ROCO:7419) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.77, compared to a current price of NT$60.90 — trading 465.5% above its estimated fair value. The current Days Payable is 22.64, which is 30% below median its 10-year median of 32.24 and 67.6% below the Hardware industry median of 69.89. Mortech's overall GF Score™ is 54/100 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 Mortech (ROCO:7419), the current Days Payable is 22.64 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 Mortech (ROCO:7419) Overvalued in 2026?
Based on GuruFocus' analysis, Mortech stock appears to be overvalued.
The current stock price of NT$60.90 is trading 465.5% above its estimated GF Value™ of NT$10.77.
GuruFocus considers Mortech to be Significantly Overvalued.
Key valuation signals for ROCO:7419:
Days Payable: 22.64 (30% below median its 10-year median of 32.24)
GF Value™: NT$10.77 vs. price of NT$60.90 (465.5% above fair value)
Industry Position: 67.6% below the Hardware median (#2265 of 2443)
No single metric tells the full story. See the ROCO:7419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mortech Corp is engaged in manufacturing of film products. The company's products include polyimide (PI) film, low CTE high modulus PI film, Thermal Conductivity PI, PI stiffener, aterial, black polyimide film, and black low CTE high modulus.
54GF Score
Get the complete analysis for ROCO:7419
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:7419 has been successfully added to your 
