Jong Shyn Shipbuilding Co (ROCO:2644) Days Payable: 25.88 (As of Dec. 2025) — 13% Below Median

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ROCO:2644 Jong Shyn Shipbuilding Co Ltd ROCO:2644
54 GF Score
Price NT$83.90
GF Value NT$131.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Jong Shyn Shipbuilding Co Days Payable?

Jong Shyn Shipbuilding Co ROCO:2644 -0.36% 54 Days Payable is 25.88 as of Dec. 2025, which is 13% below its 10-year median of 29.72. GuruFocus rates ROCO:2644 with a GF Score™ of 54/100 and a GF Value™ of NT$131.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 340 Aerospace & Defense companies, Jong Shyn Shipbuilding Co ranks worse than 88.82% on this metric.

Jong Shyn Shipbuilding Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$502 Mil. Jong Shyn Shipbuilding Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$3,538 Mil. Hence, Jong Shyn Shipbuilding Co's Days Payable for the six months ended in Dec. 2025 was 25.88.

The historical rank and industry rank for Jong Shyn Shipbuilding Co's Days Payable or its related term are showing as below:

ROCO:2644' s Days Payable Range Over the Past 10 Years
Min: 27.3   Med: 29.72   Max: 85.16
Current: 28.63

During the past 7 years, Jong Shyn Shipbuilding Co's highest Days Payable was 85.16. The lowest was 27.30. And the median was 29.72.

ROCO:2644's Days Payable is ranked worse than
88.82% of 340 companies
in the Aerospace & Defense industry
Industry Median: 64.565 vs ROCO:2644: 28.63

Jong Shyn Shipbuilding Co's Days Payable increased from Dec. 2024 (25.28) to Dec. 2025 (25.88). It may suggest that Jong Shyn Shipbuilding Co delayed paying its suppliers.


Jong Shyn Shipbuilding Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co Days Payable Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 37.08 29.72 27.30 27.77 28.39

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.69 30.52 25.28 33.45 25.88

ROCO:2644 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding 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.


Jong Shyn Shipbuilding Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's Days Payable falls into.


ROCO:2644
54GF Score
Jong Shyn Shipbuilding Co Ltd ROCO:2644
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding 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
=( (336.891 + 549.229) / 2 ) / 5696.172*365
=443.06 / 5696.172*365
=28.39

Jong Shyn Shipbuilding 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (454.263 + 549.229) / 2 ) / 3537.938*365 / 2
=501.746 / 3537.938*365 / 2
=25.88

* 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 25.88 mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a Days Payable of 25.88 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 Jong Shyn Shipbuilding Co and its competitors. This is 13% below median its historical median of 29.72. Over the past decade, Jong Shyn Shipbuilding Co's Days Payable has ranged from 27.30 to 85.16. According to the industry distribution chart, Jong Shyn Shipbuilding Co ranks #302 out of 340 companies in the Aerospace & Defense industry, placing it in the top 88.8%.
Is Jong Shyn Shipbuilding Co's Days Payable too high?
Jong Shyn Shipbuilding Co's current Days Payable of 25.88 is 13% below median its 10-year median of 29.72. Over the past 10 years, this metric has ranged from a low of 27.30 to a high of 85.16. The Aerospace & Defense industry median Days Payable is 64.57. Jong Shyn Shipbuilding Co's value of 25.88 is 59.9% below this industry median. Based on the distribution chart, Jong Shyn Shipbuilding Co ranks #302 out of 340 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jong Shyn Shipbuilding Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jong Shyn Shipbuilding Co ranks #302 out of 340 companies for Days Payable. This places Jong Shyn Shipbuilding Co in the lower half of its industry. The industry median Days Payable is 64.57. Jong Shyn Shipbuilding Co's value of 25.88 is 59.9% below this benchmark. Historically, Jong Shyn Shipbuilding Co's own Days Payable has ranged from 27.30 to 85.16 over the past decade. While the company's 10-year median is 29.72 vs. the industry median of 64.57, Jong Shyn Shipbuilding 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.57, based on 340 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. Jong Shyn Shipbuilding Co's current Days Payable of 25.88 is 59.9% 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 Jong Shyn Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jong Shyn Shipbuilding Co's current Days Payable is 25.88, which is 13% below median its own 10-year median of 29.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jong Shyn Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co (ROCO:2644) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.51, compared to a current price of NT$83.90 — trading 36.2% below its estimated fair value. The current Days Payable is 25.88, which is 13% below median its 10-year median of 29.72 and 59.9% below the Aerospace & Defense industry median of 64.57. Jong Shyn Shipbuilding Co's overall GF Score™ is 54/100 with 7 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 Jong Shyn Shipbuilding Co (ROCO:2644), the current Days Payable is 25.88 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 Jong Shyn Shipbuilding Co (ROCO:2644) Overvalued in 2026?

Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co stock appears to be undervalued. The current stock price of NT$83.90 is trading 36.2% below its estimated GF Value™ of NT$131.51. GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.

Key valuation signals for ROCO:2644:

  • Days Payable: 25.88 (13% below median its 10-year median of 29.72)
  • GF Value™: NT$131.51 vs. price of NT$83.90 (36.2% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 59.9% below the Aerospace & Defense median (#302 of 340)

No single metric tells the full story. See the ROCO:2644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jong Shyn Shipbuilding Co Business Description

Address No. 77, Shangzhu Lane, Zhongzhou 3rd Road, Shangzhuli, Cijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.
54GF Score

Get the complete analysis for ROCO:2644

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

NT$83.90
Price
NT$131.51
GF Value