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Forward Electronics CoROCO:8085 -2.07%44 Days Payable is 66.50 as of Dec. 2025, which is 6% below its 10-year median of 70.65. GuruFocus rates ROCO:8085 with a GF Score™ of 44/100 and a GF Value™ of NT$29.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,445 Hardware companies, Forward Electronics Co ranks worse than 53.95% on this metric.
* 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, Forward 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.
Forward Electronics Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Forward Electronics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Forward Electronics Co'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.
Forward Electronics Co'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.
Forward Electronics Co (ROCO:8085) has a Days Payable of 66.50 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 Forward Electronics Co and its competitors. This is near median its historical median of 70.65. Over the past decade, Forward Electronics Co's Days Payable has ranged from 55.51 to 79.08. According to the industry distribution chart, Forward Electronics Co ranks #1319 out of 2445 companies in the Hardware industry, placing it in the top 53.9%.
Is Forward Electronics Co's Days Payable too high?
Forward Electronics Co's current Days Payable of 66.50 is near median its 10-year median of 70.65. Over the past 10 years, this metric has ranged from a low of 55.51 to a high of 79.08. The Hardware industry median Days Payable is 70.06. Forward Electronics Co's value of 66.50 is 5.1% below this industry median. Based on the distribution chart, Forward Electronics Co ranks #1319 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Forward Electronics Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Electronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Forward Electronics Co ranks #1319 out of 2445 companies for Days Payable. This places Forward Electronics Co in the lower half of its industry. The industry median Days Payable is 70.06. Forward Electronics Co's value of 66.50 is 5.1% below this benchmark. Historically, Forward Electronics Co's own Days Payable has ranged from 55.51 to 79.08 over the past decade. While the company's 10-year median is 70.65 vs. the industry median of 70.06, Forward 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. Forward Electronics Co's current Days Payable of 66.50 is 5.1% 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 Forward 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. Forward Electronics Co's current Days Payable is 66.50, which is near median its own 10-year median of 70.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Electronics Co (ROCO:8085) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.93, compared to a current price of NT$11.80 — trading 60.6% below its estimated fair value. The current Days Payable is 66.50, which is near median its 10-year median of 70.65 and 5.1% below the Hardware industry median of 70.06. Forward Electronics Co's overall GF Score™ is 44/100 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 Forward Electronics Co (ROCO:8085), the current Days Payable is 66.50 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 Forward Electronics Co (ROCO:8085) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Electronics Co stock appears to be undervalued.
The current stock price of NT$11.80 is trading 60.6% below its estimated GF Value™ of NT$29.93.
GuruFocus considers Forward Electronics Co to be Possible Value Trap.
Key valuation signals for ROCO:8085:
Days Payable: 66.50 (near median its 10-year median of 70.65)
GF Value™: NT$29.93 vs. price of NT$11.80 (60.6% below fair value)
Industry Position: 5.1% below the Hardware median (#1319 of 2445)
No single metric tells the full story. See the ROCO:8085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of backlight modules, liquid crystal display modules, switches, variable resistors, sensors, and bit generators, Produces peripheral products for information appliances, including game consoles, vehicle anti-collision systems, and lighting products as well as carbon credits development, carbon neutral consulting, and energy storage solutions. Company has divided its business into three segments Optoelectronic segment, Electronics components products segment and Electronics applications products segment. Geographically, company has it's presence in Mainland China, Taiwan and others.
44GF Score
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