Microip (ROCO:7796) Days Payable: 197.14 (As of Dec. 2025) — 151546% 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:7796 Microip Inc ROCO:7796
12 GF Score
Price NT$68.30
! 3 Warning Signs
View Full Analysis

What is Microip Days Payable?

Microip ROCO:7796 -5.53% 12 Days Payable is 197.14 as of Dec. 2025, which is 151546% above its 10-year median of 0.13. GuruFocus rates ROCO:7796 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 2,443 Hardware companies, Microip ranks better than 84.36% on this metric.

Microip's average Accounts Payable for the six months ended in Dec. 2025 was NT$10.96 Mil. Microip's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$10.15 Mil. Hence, Microip's Days Payable for the six months ended in Dec. 2025 was 197.14.

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

ROCO:7796' s Days Payable Range Over the Past 10 Years
Min: 0.11   Med: 0.13   Max: 158.61
Current: 158.61

During the past 4 years, Microip's highest Days Payable was 158.61. The lowest was 0.11. And the median was 0.13.

ROCO:7796's Days Payable is ranked better than
84.36% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:7796: 158.61

Microip's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (197.14). It may suggest that Microip delayed paying its suppliers.


Microip Days Payable Historical Data

* Premium members only.

The historical data trend for Microip'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.

Microip Days Payable Chart

Microip Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.15 0.11 0.00 0.00

Microip Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 132.67 197.14

ROCO:7796 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Microip'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.


Microip Days Payable vs Hardware Industry

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

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


ROCO:7796
12GF Score
Microip Inc ROCO:7796
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microip 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.

Microip'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
=( (0 + 0) / 1 ) / 25.22*365
=0 / 25.22*365
=0.00

Microip'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
=( (10.959 + 0) / 1 ) / 10.145*365 / 2
=10.959 / 10.145*365 / 2
=197.14

* 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 197.14 mean?
Microip (ROCO:7796) has a Days Payable of 197.14 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 Microip and its competitors. This is 151546% above median its historical median of 0.13. Over the past decade, Microip's Days Payable has ranged from 0.11 to 158.61. According to the industry distribution chart, Microip ranks #382 out of 2443 companies in the Hardware industry, placing it in the top 15.6%.
Is Microip's Days Payable too high?
Microip's current Days Payable of 197.14 is 151546% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 158.61. The Hardware industry median Days Payable is 69.89. Microip's value of 197.14 is 182.1% above this industry median. Based on the distribution chart, Microip ranks #382 out of 2443 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Microip has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Microip's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Microip ranks #382 out of 2443 companies for Days Payable. This places Microip in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Microip's value of 197.14 is 182.1% above this benchmark. Historically, Microip's own Days Payable has ranged from 0.11 to 158.61 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 69.89, Microip 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 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. Microip's current Days Payable of 197.14 is 182.1% 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 Microip 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. Microip's current Days Payable is 197.14, which is 151546% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microip stock overvalued right now?
Microip (ROCO:7796) has a current Days Payable of 197.14. The current Days Payable is 197.14, which is 151546% above median its 10-year median of 0.13 and 182.1% above the Hardware industry median of 69.89. Microip's overall GF Score™ is 12/100 with 3 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 Microip (ROCO:7796), the current Days Payable is 197.14 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.

Microip Business Description

Address No. 118, Ciyun Road, 6th Floor - 2, East District, Hsinchu, TWN, 30072
Microip Inc provides integrated circuit (IC) design services and chip performance analysis. MICROIP specializes in high-performance, low-power chip design, leveraging patented technologies to offer, customized solutions for industries such as Artificial Intelligence (AI), Internet of Things (IoT), industrial automation, service robots, automotive electronics, and power management.
12GF Score

Get the complete analysis for ROCO:7796

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

NT$68.30
Price