Sinmag Equipment (ROCO:1580) Days Payable: 34.63 (As of Dec. 2025) — Near Median

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ROCO:1580 Sinmag Equipment Corp ROCO:1580
76 GF Score
Price NT$115.00
GF Value NT$162.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sinmag Equipment Days Payable?

Sinmag Equipment ROCO:1580 -1.29% 76 Days Payable is 34.63 as of Dec. 2025, which is 9% below its 10-year median of 38.08. GuruFocus rates ROCO:1580 with a GF Score™ of 76/100 and a GF Value™ of NT$162.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Sinmag Equipment ranks worse than 84.19% on this metric.

Sinmag Equipment's average Accounts Payable for the three months ended in Dec. 2025 was NT$261 Mil. Sinmag Equipment's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$688 Mil. Hence, Sinmag Equipment's Days Payable for the three months ended in Dec. 2025 was 34.63.

The historical rank and industry rank for Sinmag Equipment's Days Payable or its related term are showing as below:

ROCO:1580' s Days Payable Range Over the Past 10 Years
Min: 30.75   Med: 38.08   Max: 48.6
Current: 33.69

During the past 13 years, Sinmag Equipment's highest Days Payable was 48.60. The lowest was 30.75. And the median was 38.08.

ROCO:1580's Days Payable is ranked worse than
84.19% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:1580: 33.69

Sinmag Equipment's Days Payable increased from Dec. 2024 (31.05) to Dec. 2025 (34.63). It may suggest that Sinmag Equipment delayed paying its suppliers.


Sinmag Equipment Days Payable Historical Data

* Premium members only.

The historical data trend for Sinmag Equipment's Days 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.

Sinmag Equipment Days Payable Chart

Sinmag Equipment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.75 36.53 30.75 34.83 36.20

Sinmag Equipment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Days 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 31.05 40.59 30.12 28.59 34.63

ROCO:1580 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Sinmag Equipment'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.


Sinmag Equipment Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinmag Equipment's Days Payable distribution charts can be found below:

* The bar in red indicates where Sinmag Equipment's Days Payable falls into.


ROCO:1580
76GF Score
Sinmag Equipment Corp ROCO:1580
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinmag Equipment 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.

Sinmag Equipment's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (285.817 + 269.435) / 2 ) / 2799.098*365
=277.626 / 2799.098*365
=36.20

Sinmag Equipment's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (252.716 + 269.435) / 2 ) / 687.936*365 / 4
=261.0755 / 687.936*365 / 4
=34.63

* 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 Payable →
What does a Days Payable of 34.63 mean?
Sinmag Equipment (ROCO:1580) has a Days Payable of 34.63 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 Sinmag Equipment and its competitors. This is near median its historical median of 38.08. Over the past decade, Sinmag Equipment's Days Payable has ranged from 30.75 to 48.60. According to the industry distribution chart, Sinmag Equipment ranks #2518 out of 2991 companies in the Industrial Products industry, placing it in the top 84.2%.
Is Sinmag Equipment's Days Payable too high?
Sinmag Equipment's current Days Payable of 34.63 is near median its 10-year median of 38.08. Over the past 10 years, this metric has ranged from a low of 30.75 to a high of 48.60. The Industrial Products industry median Days Payable is 78.05. Sinmag Equipment's value of 34.63 is 55.6% below this industry median. Based on the distribution chart, Sinmag Equipment ranks #2518 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sinmag Equipment has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinmag Equipment's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sinmag Equipment ranks #2518 out of 2991 companies for Days Payable. This places Sinmag Equipment in the lower half of its industry. The industry median Days Payable is 78.05. Sinmag Equipment's value of 34.63 is 55.6% below this benchmark. Historically, Sinmag Equipment's own Days Payable has ranged from 30.75 to 48.60 over the past decade. While the company's 10-year median is 38.08 vs. the industry median of 78.05, Sinmag Equipment 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Sinmag Equipment's current Days Payable of 34.63 is 55.6% 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 Sinmag Equipment and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinmag Equipment's current Days Payable is 34.63, which is near median its own 10-year median of 38.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinmag Equipment stock overvalued right now?
Based on GuruFocus' analysis, Sinmag Equipment (ROCO:1580) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$162.35, compared to a current price of NT$115.00 — trading 29.2% below its estimated fair value. The current Days Payable is 34.63, which is near median its 10-year median of 38.08 and 55.6% below the Industrial Products industry median of 78.05. Sinmag Equipment's overall GF Score™ is 76/100 with 2 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 Sinmag Equipment (ROCO:1580), the current Days Payable is 34.63 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 Sinmag Equipment (ROCO:1580) Overvalued in 2026?

Based on GuruFocus' analysis, Sinmag Equipment stock appears to be undervalued. The current stock price of NT$115.00 is trading 29.2% below its estimated GF Value™ of NT$162.35. GuruFocus considers Sinmag Equipment to be Modestly Undervalued.

Key valuation signals for ROCO:1580:

  • Days Payable: 34.63 (near median its 10-year median of 38.08)
  • GF Value™: NT$162.35 vs. price of NT$115.00 (29.2% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 55.6% below the Industrial Products median (#2518 of 2991)

No single metric tells the full story. See the ROCO:1580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinmag Equipment Business Description

Address No. 23, Wuquan 6th Road Address Line 1, Wugu Industrial Park, Wugu District, New Tapei City, TWN
Sinmag Equipment Corp is engaged in Wholesale of machinery; Retail sale of machinery and equipment; Machinery and equipment manufacturing, International trade; and All businesses that are not prohibited or restricted by law.
76GF Score

Get the complete analysis for ROCO:1580

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

NT$115.00
Price
NT$162.35
GF Value