PanRam International (ROCO:8088) Days Payable: 7.24 (As of Dec. 2025) — 42% Below Median

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ROCO:8088 PanRam International Corp ROCO:8088
70 GF Score
Price NT$47.25
GF Value NT$42.62
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PanRam International Days Payable?

PanRam International ROCO:8088 -6.06% 70 Days Payable is 7.24 as of Dec. 2025, which is 42% below its 10-year median of 12.39. GuruFocus rates ROCO:8088 with a GF Score™ of 70/100 and a GF Value™ of NT$42.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,443 Hardware companies, PanRam International ranks worse than 97.75% on this metric.

PanRam International's average Accounts Payable for the three months ended in Dec. 2025 was NT$42 Mil. PanRam International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$529 Mil. Hence, PanRam International's Days Payable for the three months ended in Dec. 2025 was 7.24.

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

ROCO:8088' s Days Payable Range Over the Past 10 Years
Min: 8.92   Med: 12.39   Max: 24.72
Current: 11.73

During the past 13 years, PanRam International's highest Days Payable was 24.72. The lowest was 8.92. And the median was 12.39.

ROCO:8088's Days Payable is ranked worse than
97.75% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:8088: 11.73

PanRam International's Days Payable declined from Dec. 2024 (18.61) to Dec. 2025 (7.24). It may suggest that PanRam International accelerated paying its suppliers.


PanRam International Days Payable Historical Data

* Premium members only.

The historical data trend for PanRam International'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.

PanRam International Days Payable Chart

PanRam International 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 9.60 16.54 23.18 24.72 12.45

PanRam International 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 18.61 19.26 13.68 10.24 7.24

ROCO:8088 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, PanRam International'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.


PanRam International Days Payable vs Hardware Industry

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

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


ROCO:8088
70GF Score
PanRam International Corp ROCO:8088
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PanRam International 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.

PanRam International'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
=( (66.91 + 34.481) / 2 ) / 1486.625*365
=50.6955 / 1486.625*365
=12.45

PanRam International'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
=( (49.47 + 34.481) / 2 ) / 528.854*365 / 4
=41.9755 / 528.854*365 / 4
=7.24

* 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 7.24 mean?
PanRam International (ROCO:8088) has a Days Payable of 7.24 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 PanRam International and its competitors. This is 42% below median its historical median of 12.39. Over the past decade, PanRam International's Days Payable has ranged from 8.92 to 24.72. According to the industry distribution chart, PanRam International ranks #2388 out of 2443 companies in the Hardware industry, placing it in the top 97.7%.
Is PanRam International's Days Payable too high?
PanRam International's current Days Payable of 7.24 is 42% below median its 10-year median of 12.39. Over the past 10 years, this metric has ranged from a low of 8.92 to a high of 24.72. The Hardware industry median Days Payable is 69.89. PanRam International's value of 7.24 is 89.6% below this industry median. Based on the distribution chart, PanRam International ranks #2388 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, PanRam International has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PanRam International's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, PanRam International ranks #2388 out of 2443 companies for Days Payable. This places PanRam International in the lower half of its industry. The industry median Days Payable is 69.89. PanRam International's value of 7.24 is 89.6% below this benchmark. Historically, PanRam International's own Days Payable has ranged from 8.92 to 24.72 over the past decade. While the company's 10-year median is 12.39 vs. the industry median of 69.89, PanRam International 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 69.89, 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. PanRam International's current Days Payable of 7.24 is 89.6% 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 PanRam International 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. PanRam International's current Days Payable is 7.24, which is 42% below median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PanRam International stock overvalued right now?
Based on GuruFocus' analysis, PanRam International (ROCO:8088) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.62, compared to a current price of NT$47.25 — trading 10.9% above its estimated fair value. The current Days Payable is 7.24, which is 42% below median its 10-year median of 12.39 and 89.6% below the Hardware industry median of 69.89. PanRam International's overall GF Score™ is 70/100 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 PanRam International (ROCO:8088), the current Days Payable is 7.24 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 PanRam International (ROCO:8088) Overvalued in 2026?

Based on GuruFocus' analysis, PanRam International stock appears to be overvalued. The current stock price of NT$47.25 is trading 10.9% above its estimated GF Value™ of NT$42.62. GuruFocus considers PanRam International to be Modestly Overvalued.

Key valuation signals for ROCO:8088:

  • Days Payable: 7.24 (42% below median its 10-year median of 12.39)
  • GF Value™: NT$42.62 vs. price of NT$47.25 (10.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 89.6% below the Hardware median (#2388 of 2443)

No single metric tells the full story. See the ROCO:8088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PanRam International Business Description

Address No.460, Sec. 5, Chenggong Road, 9th Floor, Neihu District, Taipei City, TWN
PanRam International Corp is a Taiwan-based company that engages in the research, development, manufacture, and sale of memory modules and related application products. The products of the company includes Memory Module, Dram Module, Customize Flash Drives, SSD Solid-state Drives, Mobile Power, and SMT professional OEM.
70GF Score

Get the complete analysis for ROCO:8088

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

NT$47.25
Price
NT$42.62
GF Value