Feng Ching Metal (ROCO:2061) Days Payable: 4.05 (As of Dec. 2025) — 79% Below Median

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ROCO:2061 Feng Ching Metal Corp ROCO:2061
43 GF Score
Price NT$53.80
GF Value NT$18.27
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Feng Ching Metal Days Payable?

Feng Ching Metal ROCO:2061 +5.28% 43 Days Payable is 4.05 as of Dec. 2025, which is 79% below its 10-year median of 19.64. GuruFocus rates ROCO:2061 with a GF Score™ of 43/100 and a GF Value™ of NT$18.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, Feng Ching Metal ranks worse than 99.43% on this metric.

Feng Ching Metal's average Accounts Payable for the three months ended in Dec. 2025 was NT$13 Mil. Feng Ching Metal's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$300 Mil. Hence, Feng Ching Metal's Days Payable for the three months ended in Dec. 2025 was 4.05.

The historical rank and industry rank for Feng Ching Metal's Days Payable or its related term are showing as below:

ROCO:2061' s Days Payable Range Over the Past 10 Years
Min: 4.31   Med: 19.64   Max: 51.51
Current: 4.77

During the past 13 years, Feng Ching Metal's highest Days Payable was 51.51. The lowest was 4.31. And the median was 19.64.

ROCO:2061's Days Payable is ranked worse than
99.43% of 2993 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:2061: 4.77

Feng Ching Metal's Days Payable increased from Dec. 2024 (3.85) to Dec. 2025 (4.05). It may suggest that Feng Ching Metal delayed paying its suppliers.


Feng Ching Metal Days Payable Historical Data

* Premium members only.

The historical data trend for Feng Ching Metal'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.

Feng Ching Metal Days Payable Chart

Feng Ching Metal 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 31.39 43.26 17.39 4.31 4.49

Feng Ching Metal 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 3.85 5.08 5.23 5.07 4.05

ROCO:2061 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Feng Ching Metal'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.


Feng Ching Metal Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Feng Ching Metal's Days Payable falls into.


ROCO:2061
43GF Score
Feng Ching Metal Corp ROCO:2061
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Feng Ching Metal 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.

Feng Ching Metal'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
=( (14.847 + 13.196) / 2 ) / 1141.085*365
=14.0215 / 1141.085*365
=4.49

Feng Ching Metal'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
=( (13.441 + 13.196) / 2 ) / 299.957*365 / 4
=13.3185 / 299.957*365 / 4
=4.05

* 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 4.05 mean?
Feng Ching Metal (ROCO:2061) has a Days Payable of 4.05 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 Feng Ching Metal and its competitors. This is 79% below median its historical median of 19.64. Over the past decade, Feng Ching Metal's Days Payable has ranged from 4.31 to 51.51. According to the industry distribution chart, Feng Ching Metal ranks #2976 out of 2993 companies in the Industrial Products industry, placing it in the top 99.4%.
Is Feng Ching Metal's Days Payable too high?
Feng Ching Metal's current Days Payable of 4.05 is 79% below median its 10-year median of 19.64. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 51.51. The Industrial Products industry median Days Payable is 78.05. Feng Ching Metal's value of 4.05 is 94.8% below this industry median. Based on the distribution chart, Feng Ching Metal ranks #2976 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Feng Ching Metal has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feng Ching Metal's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Feng Ching Metal ranks #2976 out of 2993 companies for Days Payable. This places Feng Ching Metal in the lower half of its industry. The industry median Days Payable is 78.05. Feng Ching Metal's value of 4.05 is 94.8% below this benchmark. Historically, Feng Ching Metal's own Days Payable has ranged from 4.31 to 51.51 over the past decade. While the company's 10-year median is 19.64 vs. the industry median of 78.05, Feng Ching Metal 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 2,993 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. Feng Ching Metal's current Days Payable of 4.05 is 94.8% 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 Feng Ching Metal 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. Feng Ching Metal's current Days Payable is 4.05, which is 79% below median its own 10-year median of 19.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Ching Metal stock overvalued right now?
Based on GuruFocus' analysis, Feng Ching Metal (ROCO:2061) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.27, compared to a current price of NT$53.80 — trading 194.5% above its estimated fair value. The current Days Payable is 4.05, which is 79% below median its 10-year median of 19.64 and 94.8% below the Industrial Products industry median of 78.05. Feng Ching Metal's overall GF Score™ is 43/100 with 5 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 Feng Ching Metal (ROCO:2061), the current Days Payable is 4.05 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 Feng Ching Metal (ROCO:2061) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Ching Metal stock appears to be overvalued. The current stock price of NT$53.80 is trading 194.5% above its estimated GF Value™ of NT$18.27. GuruFocus considers Feng Ching Metal to be Significantly Overvalued.

Key valuation signals for ROCO:2061:

  • Days Payable: 4.05 (79% below median its 10-year median of 19.64)
  • GF Value™: NT$18.27 vs. price of NT$53.80 (194.5% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 94.8% below the Industrial Products median (#2976 of 2993)

No single metric tells the full story. See the ROCO:2061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Ching Metal Business Description

Address No. 38, Xinguang Road, Floor 30-4, Lingya District, Kaohsiung, TWN, 802
Feng Ching Metal Corp is a Taiwan-based company engaged in the production of enameled wire. Its products include copper bonding wires, polyether diol-coated copper bonding wires, and others.
43GF Score

Get the complete analysis for ROCO:2061

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

NT$53.80
Price
NT$18.27
GF Value