No, you would need an Image converter.
SE mods can't scan external folders, that would be a security leak from hell.

Here's a image converter you might want to use! https://github.com/Whiplash141/Whips-Image-Converter/blob/master/README.md

sweet i will give it a try
its just if you replace textures in game it will eventually cause the game to become unstable
so i need to make my mod into a bin file so the game can run it without an issue its a folder with music but it has 13 songs that i have already converted to the right format but how would i bin file all of them as well as my textures into one or 2 mods

would not make sense to do each song individually
then i would need 13 mods for my mods to work i would rather pack them into a single mod