OFCO Industrial (ROCO:5011) Accounts Payable: NT$747 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5011 OFCO Industrial Corp ROCO:5011
51 GF Score
Price NT$18.40
GF Value NT$23.49
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is OFCO Industrial Accounts Payable?

OFCO Industrial ROCO:5011 51 Accounts Payable is NT$747 Mil as of Mar. 2026. GuruFocus rates ROCO:5011 with a GF Score™ of 51/100 and a GF Value™ of NT$23.49 (Modestly Undervalued). The stock has 5 warning signs investors should review.

OFCO Industrial's Accounts Payable for the quarter that ended in Mar. 2026 was NT$747 Mil.

OFCO Industrial's quarterly Accounts Payable declined from Sep. 2025 (NT$557 Mil) to Dec. 2025 (NT$541 Mil) but then increased from Dec. 2025 (NT$541 Mil) to Mar. 2026 (NT$747 Mil).

OFCO Industrial's annual Accounts Payable declined from Dec. 2023 (NT$918 Mil) to Dec. 2024 (NT$587 Mil) and declined from Dec. 2024 (NT$587 Mil) to Dec. 2025 (NT$541 Mil).


OFCO Industrial Accounts Payable Related Terms


OFCO Industrial Accounts Payable Historical Data

* Premium members only.

The historical data trend for OFCO Industrial's Accounts 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.

OFCO Industrial Accounts Payable Chart

OFCO Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 431.78 326.60 917.53 586.73 541.19

OFCO Industrial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 469.42 629.99 556.83 541.19 746.98
ROCO:5011
51GF Score
OFCO Industrial Corp ROCO:5011
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OFCO Industrial Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of NT$747 Mil mean?
OFCO Industrial (ROCO:5011) has a Accounts Payable of NT$747 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on OFCO Industrial and its competitors.
Is OFCO Industrial's Accounts Payable too high?
OFCO Industrial's current Accounts Payable is NT$747 Mil. Overall, OFCO Industrial has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OFCO Industrial's Accounts Payable compare to SNA and RBC?
OFCO Industrial's Accounts Payable of NT$747 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Industrial Products company?
A good Accounts Payable depends on the Industrial Products industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on OFCO Industrial and its competitors. OFCO Industrial's current Accounts Payable is NT$747 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OFCO Industrial stock overvalued right now?
Based on GuruFocus' analysis, OFCO Industrial (ROCO:5011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$23.49, compared to a current price of NT$18.40 — trading 21.7% below its estimated fair value. The current Accounts Payable is NT$747 Mil. OFCO Industrial's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For OFCO Industrial (ROCO:5011), the current Accounts Payable is NT$747 Mil as of Mar. 2026. 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 OFCO Industrial (ROCO:5011) Overvalued in 2026?

Based on GuruFocus' analysis, OFCO Industrial stock appears to be undervalued. The current stock price of NT$18.40 is trading 21.7% below its estimated GF Value™ of NT$23.49. GuruFocus considers OFCO Industrial to be Modestly Undervalued.

Key valuation signals for ROCO:5011:

  • Accounts Payable: NT$747 Mil
  • GF Value™: NT$23.49 vs. price of NT$18.40 (21.7% below fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the ROCO:5011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OFCO Industrial Business Description

Address No. 299, Yulin Road, Qiaotou District, Kaohsiung, TWN, 825
OFCO Industrial Corp is engaged in the manufacture of fastener screws and related products, metal heat treatment OEM and trading. Its segments include Screws department, Transportation department, and Environmental Business department. Geographically, its operations are spread across Taiwan, Germany, USA, and Other Countries with majority of the revenue generating from Taiwan.
51GF Score

Get the complete analysis for ROCO:5011

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

NT$18.40
Price
NT$23.49
GF Value