C.T.I. Traffic Industries Co (ROCO:2230) Days Payable: 7.93 (As of Dec. 2025) — 78% Below Median

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ROCO:2230 C.T.I. Traffic Industries Co Ltd ROCO:2230
58 GF Score
Price NT$22.75
GF Value NT$226.08
Valuation Possible Value Trap
! 6 Warning Signs
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What is C.T.I. Traffic Industries Co Days Payable?

C.T.I. Traffic Industries Co ROCO:2230 +3.17% 58 Days Payable is 7.93 as of Dec. 2025, which is 78% below its 10-year median of 36.14. GuruFocus rates ROCO:2230 with a GF Score™ of 58/100 and a GF Value™ of NT$226.08 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,307 Vehicles & Parts companies, C.T.I. Traffic Industries Co ranks worse than 97.4% on this metric.

C.T.I. Traffic Industries Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$61 Mil. C.T.I. Traffic Industries Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$698 Mil. Hence, C.T.I. Traffic Industries Co's Days Payable for the three months ended in Dec. 2025 was 7.93.

The historical rank and industry rank for C.T.I. Traffic Industries Co's Days Payable or its related term are showing as below:

ROCO:2230' s Days Payable Range Over the Past 10 Years
Min: 9.15   Med: 36.14   Max: 43.73
Current: 9.15

During the past 13 years, C.T.I. Traffic Industries Co's highest Days Payable was 43.73. The lowest was 9.15. And the median was 36.14.

ROCO:2230's Days Payable is ranked worse than
97.4% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs ROCO:2230: 9.15

C.T.I. Traffic Industries Co's Days Payable declined from Dec. 2024 (11.63) to Dec. 2025 (7.93). It may suggest that C.T.I. Traffic Industries Co accelerated paying its suppliers.


C.T.I. Traffic Industries Co Days Payable Historical Data

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The historical data trend for C.T.I. Traffic Industries Co'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.

C.T.I. Traffic Industries Co Days Payable Chart

C.T.I. Traffic Industries Co 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 36.73 40.16 43.73 14.08 10.84

C.T.I. Traffic Industries Co 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 11.63 9.29 9.71 8.79 7.93

ROCO:2230 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, C.T.I. Traffic Industries Co'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.


C.T.I. Traffic Industries Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, C.T.I. Traffic Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where C.T.I. Traffic Industries Co's Days Payable falls into.


ROCO:2230
58GF Score
C.T.I. Traffic Industries Co Ltd ROCO:2230
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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C.T.I. Traffic Industries Co 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.

C.T.I. Traffic Industries Co'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
=( (55.279 + 57.066) / 2 ) / 1890.824*365
=56.1725 / 1890.824*365
=10.84

C.T.I. Traffic Industries Co'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
=( (64.254 + 57.066) / 2 ) / 697.844*365 / 4
=60.66 / 697.844*365 / 4
=7.93

* 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 7.93 mean?
C.T.I. Traffic Industries Co (ROCO:2230) has a Days Payable of 7.93 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 C.T.I. Traffic Industries Co and its competitors. This is 78% below median its historical median of 36.14. Over the past decade, C.T.I. Traffic Industries Co's Days Payable has ranged from 9.15 to 43.73. According to the industry distribution chart, C.T.I. Traffic Industries Co ranks #1273 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 97.4%.
Is C.T.I. Traffic Industries Co's Days Payable too high?
C.T.I. Traffic Industries Co's current Days Payable of 7.93 is 78% below median its 10-year median of 36.14. Over the past 10 years, this metric has ranged from a low of 9.15 to a high of 43.73. The Vehicles & Parts industry median Days Payable is 67.12. C.T.I. Traffic Industries Co's value of 7.93 is 88.2% below this industry median. Based on the distribution chart, C.T.I. Traffic Industries Co ranks #1273 out of 1307 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, C.T.I. Traffic Industries Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does C.T.I. Traffic Industries Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, C.T.I. Traffic Industries Co ranks #1273 out of 1307 companies for Days Payable. This places C.T.I. Traffic Industries Co in the lower half of its industry. The industry median Days Payable is 67.12. C.T.I. Traffic Industries Co's value of 7.93 is 88.2% below this benchmark. Historically, C.T.I. Traffic Industries Co's own Days Payable has ranged from 9.15 to 43.73 over the past decade. While the company's 10-year median is 36.14 vs. the industry median of 67.12, C.T.I. Traffic Industries Co 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,307 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. C.T.I. Traffic Industries Co's current Days Payable of 7.93 is 88.2% 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 C.T.I. Traffic Industries Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C.T.I. Traffic Industries Co's current Days Payable is 7.93, which is 78% below median its own 10-year median of 36.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C.T.I. Traffic Industries Co stock overvalued right now?
Based on GuruFocus' analysis, C.T.I. Traffic Industries Co (ROCO:2230) is currently considered Possible Value Trap. The stock's GF Value™ is NT$226.08, compared to a current price of NT$22.75 — trading 89.9% below its estimated fair value. The current Days Payable is 7.93, which is 78% below median its 10-year median of 36.14 and 88.2% below the Vehicles & Parts industry median of 67.12. C.T.I. Traffic Industries Co's overall GF Score™ is 58/100 with 6 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 C.T.I. Traffic Industries Co (ROCO:2230), the current Days Payable is 7.93 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 C.T.I. Traffic Industries Co (ROCO:2230) Overvalued in 2026?

Based on GuruFocus' analysis, C.T.I. Traffic Industries Co stock appears to be undervalued. The current stock price of NT$22.75 is trading 89.9% below its estimated GF Value™ of NT$226.08. GuruFocus considers C.T.I. Traffic Industries Co to be Possible Value Trap.

Key valuation signals for ROCO:2230:

  • Days Payable: 7.93 (78% below median its 10-year median of 36.14)
  • GF Value™: NT$226.08 vs. price of NT$22.75 (89.9% below fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 88.2% below the Vehicles & Parts median (#1273 of 1307)

No single metric tells the full story. See the ROCO:2230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C.T.I. Traffic Industries Co Business Description

Address No. 10, Shijian Street, Second Town, Guantian District, Tainan, TWN
C.T.I. Traffic Industries Co Ltd is an engine parts manufacturer in Taiwan. It produces piston rings, oil rings, installers of piston rings, and supplies piston kits, engine valves, oil seals, valve seals, engine gasket components, and automotive timing kits.
58GF Score

Get the complete analysis for ROCO:2230

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

NT$22.75
Price
NT$226.08
GF Value