Bedding World Co (ROCO:2938) Days Payable: 24.68 (As of Dec. 2025) — 15% Below Median

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ROCO:2938 Bedding World Co Ltd ROCO:2938
70 GF Score
Price NT$25.20
GF Value NT$34.03
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bedding World Co Days Payable?

Bedding World Co ROCO:2938 -4.00% 70 Days Payable is 24.68 as of Dec. 2025, which is 15% below its 10-year median of 28.92. GuruFocus rates ROCO:2938 with a GF Score™ of 70/100 and a GF Value™ of NT$34.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Bedding World Co ranks worse than 87.5% on this metric.

Bedding World Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$15.7 Mil. Bedding World Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$116.1 Mil. Hence, Bedding World Co's Days Payable for the six months ended in Dec. 2025 was 24.68.

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

ROCO:2938' s Days Payable Range Over the Past 10 Years
Min: 26.27   Med: 28.92   Max: 76.32
Current: 27.92

During the past 13 years, Bedding World Co's highest Days Payable was 76.32. The lowest was 26.27. And the median was 28.92.

ROCO:2938's Days Payable is ranked worse than
87.5% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs ROCO:2938: 27.92

Bedding World Co's Days Payable declined from Dec. 2024 (24.69) to Dec. 2025 (24.68). It may suggest that Bedding World Co accelerated paying its suppliers.


Bedding World Co Days Payable Historical Data

* Premium members only.

The historical data trend for Bedding World 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.

Bedding World Co Days Payable Chart

Bedding World 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 26.94 27.26 27.57 26.27 28.62

Bedding World Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.75 21.52 24.69 30.57 24.68

ROCO:2938 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bedding World 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.


Bedding World Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bedding World Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bedding World Co's Days Payable falls into.


ROCO:2938
70GF Score
Bedding World Co Ltd ROCO:2938
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bedding World 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.

Bedding World 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
=( (21.025 + 14.806) / 2 ) / 228.455*365
=17.9155 / 228.455*365
=28.62

Bedding World 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
=( (16.602 + 14.806) / 2 ) / 116.14*365 / 2
=15.704 / 116.14*365 / 2
=24.68

* 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 24.68 mean?
Bedding World Co (ROCO:2938) has a Days Payable of 24.68 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 Bedding World Co and its competitors. This is 15% below median its historical median of 28.92. Over the past decade, Bedding World Co's Days Payable has ranged from 26.27 to 76.32. According to the industry distribution chart, Bedding World Co ranks #364 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 87.5%.
Is Bedding World Co's Days Payable too high?
Bedding World Co's current Days Payable of 24.68 is 15% below median its 10-year median of 28.92. Over the past 10 years, this metric has ranged from a low of 26.27 to a high of 76.32. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Bedding World Co's value of 24.68 is 61.3% below this industry median. Based on the distribution chart, Bedding World Co ranks #364 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Bedding World Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bedding World Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bedding World Co ranks #364 out of 416 companies for Days Payable. This places Bedding World Co in the lower half of its industry. The industry median Days Payable is 63.75. Bedding World Co's value of 24.68 is 61.3% below this benchmark. Historically, Bedding World Co's own Days Payable has ranged from 26.27 to 76.32 over the past decade. While the company's 10-year median is 28.92 vs. the industry median of 63.75, Bedding World 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Bedding World Co's current Days Payable of 24.68 is 61.3% 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 Bedding World Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bedding World Co's current Days Payable is 24.68, which is 15% below median its own 10-year median of 28.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bedding World Co stock overvalued right now?
Based on GuruFocus' analysis, Bedding World Co (ROCO:2938) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.03, compared to a current price of NT$25.20 — trading 25.9% below its estimated fair value. The current Days Payable is 24.68, which is 15% below median its 10-year median of 28.92 and 61.3% below the Furnishings, Fixtures & Appliances industry median of 63.75. Bedding World Co's overall GF Score™ is 70/100 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 Bedding World Co (ROCO:2938), the current Days Payable is 24.68 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 Bedding World Co (ROCO:2938) Overvalued in 2026?

Based on GuruFocus' analysis, Bedding World Co stock appears to be undervalued. The current stock price of NT$25.20 is trading 25.9% below its estimated GF Value™ of NT$34.03. GuruFocus considers Bedding World Co to be Modestly Undervalued.

Key valuation signals for ROCO:2938:

  • Days Payable: 24.68 (15% below median its 10-year median of 28.92)
  • GF Value™: NT$34.03 vs. price of NT$25.20 (25.9% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 61.3% below the Furnishings, Fixtures & Appliances median (#364 of 416)

No single metric tells the full story. See the ROCO:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bedding World Co Business Description

Address Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN
Bedding World Co Ltd is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.
70GF Score

Get the complete analysis for ROCO:2938

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

NT$25.20
Price
NT$34.03
GF Value