Finesse Technology Co (ROCO:7704) Days Payable: 26.77 (As of Dec. 2025) — 29% Below 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:7704 Finesse Technology Co Ltd ROCO:7704
45 GF Score
Price NT$56.80
! 5 Warning Signs
View Full Analysis

What is Finesse Technology Co Days Payable?

Finesse Technology Co ROCO:7704 +2.34% 45 Days Payable is 26.77 as of Dec. 2025, which is 29% below its 10-year median of 37.60. GuruFocus rates ROCO:7704 with a GF Score™ of 45/100. The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Finesse Technology Co ranks worse than 79.81% on this metric.

Finesse Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$32.1 Mil. Finesse Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$109.3 Mil. Hence, Finesse Technology Co's Days Payable for the three months ended in Dec. 2025 was 26.77.

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

ROCO:7704' s Days Payable Range Over the Past 10 Years
Min: 32.27   Med: 37.6   Max: 49.75
Current: 38.64

During the past 6 years, Finesse Technology Co's highest Days Payable was 49.75. The lowest was 32.27. And the median was 37.60.

ROCO:7704's Days Payable is ranked worse than
79.81% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:7704: 38.64

Finesse Technology Co's Days Payable declined from Dec. 2024 (46.03) to Dec. 2025 (26.77). It may suggest that Finesse Technology Co accelerated paying its suppliers.


Finesse Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Finesse Technology 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.

Finesse Technology Co Days Payable Chart

Finesse Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 49.75 45.07 38.44 36.75 32.27

Finesse Technology Co Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 46.03 47.01 43.48 43.49 26.77

ROCO:7704 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Finesse Technology 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.


Finesse Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finesse Technology Co's Days Payable distribution charts can be found below:

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


ROCO:7704
45GF Score
Finesse Technology Co Ltd ROCO:7704
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finesse Technology 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.

Finesse Technology 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
=( (49.361 + 30.127) / 2 ) / 449.528*365
=39.744 / 449.528*365
=32.27

Finesse Technology 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (34.001 + 30.127) / 2 ) / 109.309*365 / 4
=32.064 / 109.309*365 / 4
=26.77

* 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 26.77 mean?
Finesse Technology Co (ROCO:7704) has a Days Payable of 26.77 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 Finesse Technology Co and its competitors. This is 29% below median its historical median of 37.60. Over the past decade, Finesse Technology Co's Days Payable has ranged from 32.27 to 49.75. According to the industry distribution chart, Finesse Technology Co ranks #2387 out of 2991 companies in the Industrial Products industry, placing it in the top 79.8%.
Is Finesse Technology Co's Days Payable too high?
Finesse Technology Co's current Days Payable of 26.77 is 29% below median its 10-year median of 37.60. Over the past 10 years, this metric has ranged from a low of 32.27 to a high of 49.75. The Industrial Products industry median Days Payable is 78.05. Finesse Technology Co's value of 26.77 is 65.7% below this industry median. Based on the distribution chart, Finesse Technology Co ranks #2387 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Finesse Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Finesse Technology Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finesse Technology Co ranks #2387 out of 2991 companies for Days Payable. This places Finesse Technology Co in the lower half of its industry. The industry median Days Payable is 78.05. Finesse Technology Co's value of 26.77 is 65.7% below this benchmark. Historically, Finesse Technology Co's own Days Payable has ranged from 32.27 to 49.75 over the past decade. While the company's 10-year median is 37.60 vs. the industry median of 78.05, Finesse Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Finesse Technology Co's current Days Payable of 26.77 is 65.7% 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 Finesse Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finesse Technology Co's current Days Payable is 26.77, which is 29% below median its own 10-year median of 37.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finesse Technology Co stock overvalued right now?
Finesse Technology Co (ROCO:7704) has a current Days Payable of 26.77. The current Days Payable is 26.77, which is 29% below median its 10-year median of 37.60 and 65.7% below the Industrial Products industry median of 78.05. Finesse Technology Co's overall GF Score™ is 45/100 with 5 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 Finesse Technology Co (ROCO:7704), the current Days Payable is 26.77 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.

Finesse Technology Co Business Description

Address Lane 191, Zhonghe Street, No. 31, Hsinchu County, Zhubei, TWN, 302
Finesse Technology Co Ltd is a company that is focused on the development of ozone generators, RPS generators, RF systems, microwave devices, electronic circuits, control systems, and other core technologies. Additionally, the company offers technical support, maintenance, and product manufacturing services. Its main sales and service area is the semiconductor industry. The company's own brand product portfolio comprises gas pressure regulators, ozone sensors, remote plasma source, ozone controllers, RF generator system, ozone generators, etc. Finesse Technology operates in a single operating segment: the manufacturing, repair, and trading of electronic components. Geographically, it generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), America, and Europe.
45GF Score

Get the complete analysis for ROCO:7704

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

NT$56.80
Price