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Munsin GarmentROCO:2916 -0.99%80 Days Payable is 27.33 as of Dec. 2025, which is 102% above its 10-year median of 13.52. GuruFocus rates ROCO:2916 with a GF Score™ of 80/100 and a GF Value™ of NT$46.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Munsin Garment ranks worse than 80.12% on this metric.
The historical rank and industry rank for Munsin Garment's Days Payable or its related term are showing as below:
ROCO:2916'
s Days Payable Range Over the Past 10 Years
Min: 10.69 Med: 13.52 Max: 25.92
Current: 25.92
During the past 13 years, Munsin Garment's highest Days Payable was 25.92. The lowest was 10.69. And the median was 13.52.
ROCO:2916's Days Payable is ranked worse than 80.12% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18
vs ROCO:2916: 25.92
Munsin Garment's Days Payable
declined
from Dec. 2024 (29.38) to Dec. 2025 (27.33).
It may suggest that Munsin Garmentaccelerated paying its suppliers.
Munsin Garment Days Payable Related Terms
Munsin Garment Days Payable Historical Data
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The historical data trend for Munsin Garment'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.
ROCO:2916 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Munsin Garment'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.
Munsin Garment Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Days Payable distribution charts can be found below:
* The bar in red indicates where Munsin Garment's Days Payable falls into.
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.
Munsin Garment's Days Payable for the fiscal year that 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.
Munsin Garment (ROCO:2916) has a Days Payable of 27.33 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 Munsin Garment and its competitors. This is 102% above median its historical median of 13.52. Over the past decade, Munsin Garment's Days Payable has ranged from 10.69 to 25.92. According to the industry distribution chart, Munsin Garment ranks #814 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 80.1%.
Is Munsin Garment's Days Payable too high?
Munsin Garment's current Days Payable of 27.33 is 102% above median its 10-year median of 13.52. Over the past 10 years, this metric has ranged from a low of 10.69 to a high of 25.92. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Munsin Garment's value of 27.33 is 49.6% below this industry median. Based on the distribution chart, Munsin Garment ranks #814 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Munsin Garment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munsin Garment's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Munsin Garment ranks #814 out of 1016 companies for Days Payable. This places Munsin Garment in the lower half of its industry. The industry median Days Payable is 54.18. Munsin Garment's value of 27.33 is 49.6% below this benchmark. Historically, Munsin Garment's own Days Payable has ranged from 10.69 to 25.92 over the past decade. While the company's 10-year median is 13.52 vs. the industry median of 54.18, Munsin Garment 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.18, based on 1,016 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. Munsin Garment's current Days Payable of 27.33 is 49.6% 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 Munsin Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munsin Garment's current Days Payable is 27.33, which is 102% above median its own 10-year median of 13.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munsin Garment stock overvalued right now?
Based on GuruFocus' analysis, Munsin Garment (ROCO:2916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$46.88, compared to a current price of NT$40.10 — trading 14.5% below its estimated fair value. The current Days Payable is 27.33, which is 102% above median its 10-year median of 13.52 and 49.6% below the Manufacturing - Apparel & Accessories industry median of 54.18. Munsin Garment's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Munsin Garment (ROCO:2916), the current Days Payable is 27.33 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 Munsin Garment (ROCO:2916) Overvalued in 2026?
Based on GuruFocus' analysis, Munsin Garment stock appears to be undervalued.
The current stock price of NT$40.10 is trading 14.5% below its estimated GF Value™ of NT$46.88.
GuruFocus considers Munsin Garment to be Modestly Undervalued.
Key valuation signals for ROCO:2916:
Days Payable: 27.33 (102% above median its 10-year median of 13.52)
GF Value™: NT$46.88 vs. price of NT$40.10 (14.5% below fair value)
Industry Position: 49.6% below the Manufacturing - Apparel & Accessories median (#814 of 1016)
No single metric tells the full story. See the ROCO:2916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munsin Garment Corp is mainly engaged in the manufacturing and sale of various garments and knitwear; acting as a product distribution, bidding, and quoting agent for domestic and international brands; and the import and export trade operations related to these business activities. The company deals in men's and women's apparel products of various international brands, such as Munsingwear, Le Coq Sportif, Pou Dou Dou, Eminento, Nara CamiCie, Hazzy, and others. Geographically, all of its revenue is derived from Taiwan.
80GF Score
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