Alcor Micro (ROCO:8054) Days Payable: 9.76 (As of Mar. 2026) — 83% 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:8054 Alcor Micro Corp ROCO:8054
62 GF Score
Price NT$81.10
GF Value NT$206.96
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Alcor Micro Days Payable?

Alcor Micro ROCO:8054 +2.14% 62 Days Payable is 9.76 as of Mar. 2026, which is 83% below its 10-year median of 57.07. GuruFocus rates ROCO:8054 with a GF Score™ of 62/100 and a GF Value™ of NT$206.96 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,440 Hardware companies, Alcor Micro ranks worse than 97.66% on this metric.

Alcor Micro's average Accounts Payable for the three months ended in Mar. 2026 was NT$154 Mil. Alcor Micro's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,436 Mil. Hence, Alcor Micro's Days Payable for the three months ended in Mar. 2026 was 9.76.

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

ROCO:8054' s Days Payable Range Over the Past 10 Years
Min: 12.49   Med: 57.07   Max: 80.85
Current: 12.49

During the past 13 years, Alcor Micro's highest Days Payable was 80.85. The lowest was 12.49. And the median was 57.07.

ROCO:8054's Days Payable is ranked worse than
97.66% of 2440 companies
in the Hardware industry
Industry Median: 69.955 vs ROCO:8054: 12.49

Alcor Micro's Days Payable declined from Mar. 2025 (34.58) to Mar. 2026 (9.76). It may suggest that Alcor Micro accelerated paying its suppliers.


Alcor Micro Days Payable Historical Data

* Premium members only.

The historical data trend for Alcor Micro'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.

Alcor Micro Days Payable Chart

Alcor Micro 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 80.85 74.16 57.38 42.28 19.60

Alcor Micro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 34.58 16.67 13.60 13.75 9.76

ROCO:8054 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Alcor Micro'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.


Alcor Micro Days Payable vs Hardware Industry

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

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


ROCO:8054
62GF Score
Alcor Micro Corp ROCO:8054
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alcor Micro 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.

Alcor Micro'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
=( (103.118 + 132.241) / 2 ) / 2191.637*365
=117.6795 / 2191.637*365
=19.60

Alcor Micro's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (132.241 + 174.861) / 2 ) / 1435.515*365 / 4
=153.551 / 1435.515*365 / 4
=9.76

* 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 9.76 mean?
Alcor Micro (ROCO:8054) has a Days Payable of 9.76 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alcor Micro and its competitors. This is 83% below median its historical median of 57.07. Over the past decade, Alcor Micro's Days Payable has ranged from 12.49 to 80.85. According to the industry distribution chart, Alcor Micro ranks #2383 out of 2440 companies in the Hardware industry, placing it in the top 97.7%.
Is Alcor Micro's Days Payable too high?
Alcor Micro's current Days Payable of 9.76 is 83% below median its 10-year median of 57.07. Over the past 10 years, this metric has ranged from a low of 12.49 to a high of 80.85. The Hardware industry median Days Payable is 69.96. Alcor Micro's value of 9.76 is 86% below this industry median. Based on the distribution chart, Alcor Micro ranks #2383 out of 2440 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Alcor Micro has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alcor Micro's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Alcor Micro ranks #2383 out of 2440 companies for Days Payable. This places Alcor Micro in the lower half of its industry. The industry median Days Payable is 69.96. Alcor Micro's value of 9.76 is 86% below this benchmark. Historically, Alcor Micro's own Days Payable has ranged from 12.49 to 80.85 over the past decade. While the company's 10-year median is 57.07 vs. the industry median of 69.96, Alcor Micro 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 69.96, 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. Alcor Micro's current Days Payable of 9.76 is 86% 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 Alcor Micro and its competitors. For the Hardware industry, the median Days Payable is 69.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcor Micro's current Days Payable is 9.76, which is 83% below median its own 10-year median of 57.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcor Micro stock overvalued right now?
Based on GuruFocus' analysis, Alcor Micro (ROCO:8054) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$206.96, compared to a current price of NT$81.10 — trading 60.8% below its estimated fair value. The current Days Payable is 9.76, which is 83% below median its 10-year median of 57.07 and 86% below the Hardware industry median of 69.96. Alcor Micro's overall GF Score™ is 62/100 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 Alcor Micro (ROCO:8054), the current Days Payable is 9.76 as of Mar. 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 Alcor Micro (ROCO:8054) Overvalued in 2026?

Based on GuruFocus' analysis, Alcor Micro stock appears to be undervalued. The current stock price of NT$81.10 is trading 60.8% below its estimated GF Value™ of NT$206.96. GuruFocus considers Alcor Micro to be Significantly Undervalued.

Key valuation signals for ROCO:8054:

  • Days Payable: 9.76 (83% below median its 10-year median of 57.07)
  • GF Value™: NT$206.96 vs. price of NT$81.10 (60.8% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 86% below the Hardware median (#2383 of 2440)

No single metric tells the full story. See the ROCO:8054 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alcor Micro Business Description

Address No.66, Sanchong Road, 9th Floor, Nangang District, Taipei City, TWN, 115
Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers. The Group is engaged in the design and sale of integrated circuit products and the Group operate in a single segment and product line. The company operates in China, Taiwan, Korea and Others. It derives maximum revenue from China.
62GF Score

Get the complete analysis for ROCO:8054

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

NT$81.10
Price
NT$206.96
GF Value