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Ligitek Electronics CoROCO:8111 +7.33%66 Days Payable is 54.21 as of Dec. 2025, which is 14% below its 10-year median of 63.19. GuruFocus rates ROCO:8111 with a GF Score™ of 66/100 and a GF Value™ of NT$29.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,443 Hardware companies, Ligitek Electronics Co ranks worse than 60.01% 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, Ligitek 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.
Ligitek Electronics Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Ligitek Electronics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ligitek 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.
Ligitek 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.
Ligitek Electronics Co (ROCO:8111) has a Days Payable of 54.21 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 Ligitek Electronics Co and its competitors. This is 14% below median its historical median of 63.19. Over the past decade, Ligitek Electronics Co's Days Payable has ranged from 44.83 to 83.13. According to the industry distribution chart, Ligitek Electronics Co ranks #1466 out of 2443 companies in the Hardware industry, placing it in the top 60%.
Is Ligitek Electronics Co's Days Payable too high?
Ligitek Electronics Co's current Days Payable of 54.21 is 14% below median its 10-year median of 63.19. Over the past 10 years, this metric has ranged from a low of 44.83 to a high of 83.13. The Hardware industry median Days Payable is 69.89. Ligitek Electronics Co's value of 54.21 is 22.4% below this industry median. Based on the distribution chart, Ligitek Electronics Co ranks #1466 out of 2443 companies in the Hardware industry, which is below the industry midpoint. Overall, Ligitek Electronics Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ligitek Electronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Ligitek Electronics Co ranks #1466 out of 2443 companies for Days Payable. This places Ligitek Electronics Co in the lower half of its industry. The industry median Days Payable is 69.89. Ligitek Electronics Co's value of 54.21 is 22.4% below this benchmark. Historically, Ligitek Electronics Co's own Days Payable has ranged from 44.83 to 83.13 over the past decade. While the company's 10-year median is 63.19 vs. the industry median of 69.89, Ligitek 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 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. Ligitek Electronics Co's current Days Payable of 54.21 is 22.4% 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 Ligitek Electronics Co 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. Ligitek Electronics Co's current Days Payable is 54.21, which is 14% below median its own 10-year median of 63.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ligitek Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ligitek Electronics Co (ROCO:8111) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.23, compared to a current price of NT$50.50 — trading 72.8% above its estimated fair value. The current Days Payable is 54.21, which is 14% below median its 10-year median of 63.19 and 22.4% below the Hardware industry median of 69.89. Ligitek Electronics Co's overall GF Score™ is 66/100 with 7 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 Ligitek Electronics Co (ROCO:8111), the current Days Payable is 54.21 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 Ligitek Electronics Co (ROCO:8111) Overvalued in 2026?
Based on GuruFocus' analysis, Ligitek Electronics Co stock appears to be overvalued.
The current stock price of NT$50.50 is trading 72.8% above its estimated GF Value™ of NT$29.23.
GuruFocus considers Ligitek Electronics Co to be Significantly Overvalued.
Key valuation signals for ROCO:8111:
Days Payable: 54.21 (14% below median its 10-year median of 63.19)
GF Value™: NT$29.23 vs. price of NT$50.50 (72.8% above fair value)
Industry Position: 22.4% below the Hardware median (#1466 of 2443)
No single metric tells the full story. See the ROCO:8111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ligitek Electronics Co Ltd engages in manufacturing, processing and trading of various electronic components like Light Emitting Diodes, monitors, along with import/export trading, agent, distribution, bidding and quotation businesses of the above related products and raw materials. It offers LED components, LED backlights and displays, and light bars, leads, PCBs, and reflectors for SMD; and automotive, invisible, super bright, and special LEDs. The geographical markets of the group are Taiwan, the Americas, Europe, Asia, and Others. The firm generates the majority of its revenue from Taiwan. The company's segment includes the LED First Business Unit, which derives the majority of revenue, the LED Second Business Unit, and the Other Unit.
66GF Score
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