Papago (ROCO:3632) Days Inventory: 74.02 (As of Dec. 2025) — 10% Below Median

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ROCO:3632 Papago Inc ROCO:3632
52 GF Score
Price NT$8.30
GF Value NT$8.52
Valuation Fairly Valued
! 4 Warning Signs
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What is Papago Days Inventory?

Papago ROCO:3632 +0.12% 52 Days Inventory is 74.02 as of Dec. 2025, which is 10% below its 10-year median of 82.38. GuruFocus rates ROCO:3632 with a GF Score™ of 52/100 and a GF Value™ of NT$8.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,652 Software companies, Papago ranks worse than 78.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Papago's Average Total Inventories for the three months ended in Dec. 2025 was NT$29.8 Mil. Papago's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$36.7 Mil. Hence, Papago's Days Inventory for the three months ended in Dec. 2025 was 74.02.

The historical rank and industry rank for Papago's Days Inventory or its related term are showing as below:

ROCO:3632' s Days Inventory Range Over the Past 10 Years
Min: 54.99   Med: 82.38   Max: 101.92
Current: 89.92

During the past 13 years, Papago's highest Days Inventory was 101.92. The lowest was 54.99. And the median was 82.38.

ROCO:3632's Days Inventory is ranked worse than
78.81% of 1652 companies
in the Software industry
Industry Median: 20.47 vs ROCO:3632: 89.92

Papago's Days Inventory increased from Dec. 2024 (62.32) to Dec. 2025 (74.02). It might indicate that Papago's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Papago's Inventory Turnover for the three months ended in Dec. 2025 was 1.23.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Papago's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.37.


Papago  (ROCO:3632) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Papago's Inventory Turnover for the three months ended in Dec. 2025 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Papago's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Papago Days Inventory Related Terms


Papago Days Inventory Historical Data

* Premium members only.

The historical data trend for Papago's Days Inventory 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.

Papago Days Inventory Chart

Papago Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.99 59.50 74.72 67.63 87.33

Papago Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Days Inventory 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 62.32 87.27 106.42 101.77 74.02

ROCO:3632 vs UBER, SHOP, CRM: Days Inventory Comparison

For the Software - Application subindustry, Papago's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Papago Days Inventory vs Software Industry

For the Software industry and Technology sector, Papago's Days Inventory distribution charts can be found below:

* The bar in red indicates where Papago's Days Inventory falls into.


ROCO:3632
52GF Score
Papago Inc ROCO:3632
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Papago Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Papago's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (26.558 + 30.176) / 2 ) / 118.566*365
=28.367 / 118.566*365
=87.33

Papago's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (29.393 + 30.176) / 2 ) / 36.716*365 / 4
=29.7845 / 36.716*365 / 4
=74.02

* 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 Inventory →
What does a Days Inventory of 74.02 mean?
Papago (ROCO:3632) has a Days Inventory of 74.02 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Papago and its competitors. This is 10% below median its historical median of 82.38. Over the past decade, Papago's Days Inventory has ranged from 54.99 to 101.92. According to the industry distribution chart, Papago ranks #1302 out of 1652 companies in the Software industry, placing it in the top 78.8%.
Is Papago's Days Inventory too high?
Papago's current Days Inventory of 74.02 is 10% below median its 10-year median of 82.38. Over the past 10 years, this metric has ranged from a low of 54.99 to a high of 101.92. The Software industry median Days Inventory is 20.47. Papago's value of 74.02 is 261.6% above this industry median. Based on the distribution chart, Papago ranks #1302 out of 1652 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Papago has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Papago's Days Inventory compare to UBER and SHOP?
According to the Software industry distribution chart, Papago ranks #1302 out of 1652 companies for Days Inventory. This places Papago in the lower half of its industry. The industry median Days Inventory is 20.47. Papago's value of 74.02 is 261.6% above this benchmark. Historically, Papago's own Days Inventory has ranged from 54.99 to 101.92 over the past decade. While the company's 10-year median is 82.38 vs. the industry median of 20.47, Papago has consistently been above 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 Inventory for a Software company?
The median Days Inventory among Software companies is 20.47, based on 1,652 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Papago's current Days Inventory of 74.02 is 261.6% above 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 Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Papago and its competitors. For the Software industry, the median Days Inventory is 20.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papago's current Days Inventory is 74.02, which is 10% below median its own 10-year median of 82.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papago stock overvalued right now?
Based on GuruFocus' analysis, Papago (ROCO:3632) is currently considered Fairly Valued. The stock's GF Value™ is NT$8.52, compared to a current price of NT$8.30 — trading 2.6% below its estimated fair value. The current Days Inventory is 74.02, which is 10% below median its 10-year median of 82.38 and 261.6% above the Software industry median of 20.47. Papago's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Papago (ROCO:3632), the current Days Inventory is 74.02 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 Papago (ROCO:3632) Overvalued in 2026?

Based on GuruFocus' analysis, Papago stock appears to be undervalued. The current stock price of NT$8.30 is trading 2.6% below its estimated GF Value™ of NT$8.52. GuruFocus considers Papago to be Fairly Valued.

Key valuation signals for ROCO:3632:

  • Days Inventory: 74.02 (10% below median its 10-year median of 82.38)
  • GF Value™: NT$8.52 vs. price of NT$8.30 (2.6% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 261.6% above the Software median (#1302 of 1652)

No single metric tells the full story. See the ROCO:3632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Papago Business Description

Address Gangyu Road, Neihu District, 4th Floor, No. 200, Neihu, Taipei, TWN, 11494
Papago Inc develops e-map navigation software for mobile phone manufacturers in the Asia Pacific region. It offers software for PND (Portable Navigator), OBU (On-Board-Unit), and Smartphones. The organization also provides maintenance and related software services for the electronic map software for navigation systems.
52GF Score

Get the complete analysis for ROCO:3632

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

NT$8.30
Price
NT$8.52
GF Value