Koryo Electronics Co (ROCO:8032) Days Payable: 46.38 (As of Dec. 2025) — Near Median

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ROCO:8032 Koryo Electronics Co Ltd ROCO:8032
74 GF Score
Price NT$38.60
GF Value NT$40.26
Valuation Fairly Valued
! 2 Warning Signs
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What is Koryo Electronics Co Days Payable?

Koryo Electronics Co ROCO:8032 -2.77% 74 Days Payable is 46.38 as of Dec. 2025, which is 0% below its 10-year median of 46.57. GuruFocus rates ROCO:8032 with a GF Score™ of 74/100 and a GF Value™ of NT$40.26 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,445 Hardware companies, Koryo Electronics Co ranks worse than 70.59% on this metric.

Koryo Electronics Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$458 Mil. Koryo Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$902 Mil. Hence, Koryo Electronics Co's Days Payable for the three months ended in Dec. 2025 was 46.38.

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

ROCO:8032' s Days Payable Range Over the Past 10 Years
Min: 37.59   Med: 46.57   Max: 68.89
Current: 47.47

During the past 13 years, Koryo Electronics Co's highest Days Payable was 68.89. The lowest was 37.59. And the median was 46.57.

ROCO:8032's Days Payable is ranked worse than
70.59% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:8032: 47.47

Koryo Electronics Co's Days Payable declined from Dec. 2024 (53.87) to Dec. 2025 (46.38). It may suggest that Koryo Electronics Co accelerated paying its suppliers.


Koryo Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Koryo Electronics 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.

Koryo Electronics Co Days Payable Chart

Koryo Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.72 37.59 43.61 44.10 46.69

Koryo Electronics Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.87 43.50 49.07 51.83 46.38

ROCO:8032 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Koryo Electronics 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.


Koryo Electronics Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Koryo Electronics Co's Days Payable falls into.


ROCO:8032
74GF Score
Koryo Electronics Co Ltd ROCO:8032
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Koryo Electronics 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.

Koryo Electronics 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
=( (320.109 + 483.587) / 2 ) / 3141.299*365
=401.848 / 3141.299*365
=46.69

Koryo Electronics 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
=( (432.946 + 483.587) / 2 ) / 901.539*365 / 4
=458.2665 / 901.539*365 / 4
=46.38

* 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 46.38 mean?
Koryo Electronics Co (ROCO:8032) has a Days Payable of 46.38 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 Koryo Electronics Co and its competitors. This is near median its historical median of 46.57. Over the past decade, Koryo Electronics Co's Days Payable has ranged from 37.59 to 68.89. According to the industry distribution chart, Koryo Electronics Co ranks #1726 out of 2445 companies in the Hardware industry, placing it in the top 70.6%.
Is Koryo Electronics Co's Days Payable too high?
Koryo Electronics Co's current Days Payable of 46.38 is near median its 10-year median of 46.57. Over the past 10 years, this metric has ranged from a low of 37.59 to a high of 68.89. The Hardware industry median Days Payable is 70.06. Koryo Electronics Co's value of 46.38 is 33.8% below this industry median. Based on the distribution chart, Koryo Electronics Co ranks #1726 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Koryo Electronics Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koryo Electronics Co's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Koryo Electronics Co ranks #1726 out of 2445 companies for Days Payable. This places Koryo Electronics Co in the lower half of its industry. The industry median Days Payable is 70.06. Koryo Electronics Co's value of 46.38 is 33.8% below this benchmark. Historically, Koryo Electronics Co's own Days Payable has ranged from 37.59 to 68.89 over the past decade. While the company's 10-year median is 46.57 vs. the industry median of 70.06, Koryo Electronics 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 a Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 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. Koryo Electronics Co's current Days Payable of 46.38 is 33.8% 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 Koryo Electronics Co and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koryo Electronics Co's current Days Payable is 46.38, which is near median its own 10-year median of 46.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koryo Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Koryo Electronics Co (ROCO:8032) is currently considered Fairly Valued. The stock's GF Value™ is NT$40.26, compared to a current price of NT$38.60 — trading 4.1% below its estimated fair value. The current Days Payable is 46.38, which is near median its 10-year median of 46.57 and 33.8% below the Hardware industry median of 70.06. Koryo Electronics Co's overall GF Score™ is 74/100 with 2 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 Koryo Electronics Co (ROCO:8032), the current Days Payable is 46.38 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 Koryo Electronics Co (ROCO:8032) Overvalued in 2026?

Based on GuruFocus' analysis, Koryo Electronics Co stock appears to be undervalued. The current stock price of NT$38.60 is trading 4.1% below its estimated GF Value™ of NT$40.26. GuruFocus considers Koryo Electronics Co to be Fairly Valued.

Key valuation signals for ROCO:8032:

  • Days Payable: 46.38 (near median its 10-year median of 46.57)
  • GF Value™: NT$40.26 vs. price of NT$38.60 (4.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 33.8% below the Hardware median (#1726 of 2445)

No single metric tells the full story. See the ROCO:8032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koryo Electronics Co Business Description

Address No.79, Xintai 5th Road, Xintai 5th Road, 9th Floor, Section 1, Xizhi District, New Taipei City, TWN, 22101
Koryo Electronics Co Ltd is a Taiwan-based company that engages in the production and import/export of computers and computer peripherals. It is also involved in the manufacture and sale of electronic parts and components, electric appliances, and components.
74GF Score

Get the complete analysis for ROCO:8032

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

NT$38.60
Price
NT$40.26
GF Value