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* 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, Formosa Electronic Industries'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.
Formosa Electronic Industries Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Formosa Electronic Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Formosa Electronic Industries's Days Payable falls into.
Formosa Electronic Industries 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.
* 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.
Formosa Electronic Industries (ROCO:8171) has a Days Payable of 20.31 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 Formosa Electronic Industries and its competitors. This is 22% below median its historical median of 26.04. Over the past decade, Formosa Electronic Industries' Days Payable has ranged from 7.46 to 328.04. According to the industry distribution chart, Formosa Electronic Industries ranks #2260 out of 2442 companies in the Hardware industry, placing it in the top 92.5%.
Is Formosa Electronic Industries' Days Payable too high?
Formosa Electronic Industries' current Days Payable of 20.31 is 22% below median its 10-year median of 26.04. Over the past 10 years, this metric has ranged from a low of 7.46 to a high of 328.04. The Hardware industry median Days Payable is 69.89. Formosa Electronic Industries' value of 20.31 is 70.9% below this industry median. Based on the distribution chart, Formosa Electronic Industries ranks #2260 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Formosa Electronic Industries has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Electronic Industries' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Formosa Electronic Industries ranks #2260 out of 2442 companies for Days Payable. This places Formosa Electronic Industries in the lower half of its industry. The industry median Days Payable is 69.89. Formosa Electronic Industries' value of 20.31 is 70.9% below this benchmark. Historically, Formosa Electronic Industries' own Days Payable has ranged from 7.46 to 328.04 over the past decade. While the company's 10-year median is 26.04 vs. the industry median of 69.89, Formosa Electronic Industries 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 2,442 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. Formosa Electronic Industries's current Days Payable of 20.31 is 70.9% 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 Formosa Electronic Industries 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. Formosa Electronic Industries's current Days Payable is 20.31, which is 22% below median its own 10-year median of 26.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Electronic Industries stock overvalued right now?
Based on GuruFocus' analysis, Formosa Electronic Industries (ROCO:8171) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.94, compared to a current price of NT$20.75 — trading 161.3% above its estimated fair value. The current Days Payable is 20.31, which is 22% below median its 10-year median of 26.04 and 70.9% below the Hardware industry median of 69.89. Formosa Electronic Industries' overall GF Score™ is 38/100 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 Formosa Electronic Industries (ROCO:8171), the current Days Payable is 20.31 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 Formosa Electronic Industries (ROCO:8171) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Electronic Industries stock appears to be overvalued.
The current stock price of NT$20.75 is trading 161.3% above its estimated GF Value™ of NT$7.94.
GuruFocus considers Formosa Electronic Industries to be Significantly Overvalued.
Key valuation signals for ROCO:8171:
Days Payable: 20.31 (22% below median its 10-year median of 26.04)
GF Value™: NT$7.94 vs. price of NT$20.75 (161.3% above fair value)
Industry Position: 70.9% below the Hardware median (#2260 of 2442)
No single metric tells the full story. See the ROCO:8171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Electronic Industries Business Description
Formosa Electronic Industries Inc is engaged in the assembly, processing, manufacturing, trading, agent distribution, and trading of single-string parallel battery modules, mobile power supplies, wireless chargers, green energy battery modules, and distributed energy storage systems. The Company's other products include wireless chargers, power adapters, accessories, OEM, and green products.
38GF Score
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