Zhen Yu Hardware Co (ROCO:2947) Days Payable: 89.50 (As of Dec. 2025) — 12% Below Median

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ROCO:2947 Zhen Yu Hardware Co Ltd ROCO:2947
78 GF Score
Price NT$69.40
GF Value NT$86.65
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Zhen Yu Hardware Co Days Payable?

Zhen Yu Hardware Co ROCO:2947 +1.31% 78 Days Payable is 89.50 as of Dec. 2025, which is 12% below its 10-year median of 102.11. GuruFocus rates ROCO:2947 with a GF Score™ of 78/100 and a GF Value™ of NT$86.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Zhen Yu Hardware Co ranks better than 74.61% on this metric.

Zhen Yu Hardware Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$358 Mil. Zhen Yu Hardware Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$365 Mil. Hence, Zhen Yu Hardware Co's Days Payable for the three months ended in Dec. 2025 was 89.50.

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

ROCO:2947' s Days Payable Range Over the Past 10 Years
Min: 92.05   Med: 102.11   Max: 107.32
Current: 92.05

During the past 9 years, Zhen Yu Hardware Co's highest Days Payable was 107.32. The lowest was 92.05. And the median was 102.11.

ROCO:2947's Days Payable is ranked better than
74.61% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.79 vs ROCO:2947: 92.05

Zhen Yu Hardware Co's Days Payable declined from Dec. 2024 (94.04) to Dec. 2025 (89.50). It may suggest that Zhen Yu Hardware Co accelerated paying its suppliers.


Zhen Yu Hardware Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhen Yu Hardware 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.

Zhen Yu Hardware Co Days Payable Chart

Zhen Yu Hardware Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 102.11 107.32 106.61 102.60 96.34

Zhen Yu Hardware 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 94.04 99.00 88.83 87.30 89.50

ROCO:2947 vs CASY, WSM, DKS: Days Payable Comparison

For the Specialty Retail subindustry, Zhen Yu Hardware 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.


Zhen Yu Hardware Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhen Yu Hardware Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhen Yu Hardware Co's Days Payable falls into.


ROCO:2947
78GF Score
Zhen Yu Hardware Co Ltd ROCO:2947
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhen Yu Hardware 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.

Zhen Yu Hardware 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
=( (379.543 + 354.388) / 2 ) / 1390.255*365
=366.9655 / 1390.255*365
=96.34

Zhen Yu Hardware 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
=( (361.314 + 354.388) / 2 ) / 364.855*365 / 4
=357.851 / 364.855*365 / 4
=89.50

* 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 89.50 mean?
Zhen Yu Hardware Co (ROCO:2947) has a Days Payable of 89.50 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 Zhen Yu Hardware Co and its competitors. This is 12% below median its historical median of 102.11. Over the past decade, Zhen Yu Hardware Co's Days Payable has ranged from 92.05 to 107.32. According to the industry distribution chart, Zhen Yu Hardware Co ranks #279 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 25.4%.
Is Zhen Yu Hardware Co's Days Payable too high?
Zhen Yu Hardware Co's current Days Payable of 89.50 is 12% below median its 10-year median of 102.11. Over the past 10 years, this metric has ranged from a low of 92.05 to a high of 107.32. The Retail - Cyclical industry median Days Payable is 51.79. Zhen Yu Hardware Co's value of 89.50 is 72.8% above this industry median. Based on the distribution chart, Zhen Yu Hardware Co ranks #279 out of 1099 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Zhen Yu Hardware Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhen Yu Hardware Co's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Zhen Yu Hardware Co ranks #279 out of 1099 companies for Days Payable. This puts Zhen Yu Hardware Co in the upper half of its industry. The industry median Days Payable is 51.79. Zhen Yu Hardware Co's value of 89.50 is 72.8% above this benchmark. Historically, Zhen Yu Hardware Co's own Days Payable has ranged from 92.05 to 107.32 over the past decade. While the company's 10-year median is 102.11 vs. the industry median of 51.79, Zhen Yu Hardware Co has consistently been above 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.79, based on 1,099 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. Zhen Yu Hardware Co's current Days Payable of 89.50 is 72.8% above 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 Zhen Yu Hardware Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhen Yu Hardware Co's current Days Payable is 89.50, which is 12% below median its own 10-year median of 102.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhen Yu Hardware Co stock overvalued right now?
Based on GuruFocus' analysis, Zhen Yu Hardware Co (ROCO:2947) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$86.65, compared to a current price of NT$69.40 — trading 19.9% below its estimated fair value. The current Days Payable is 89.50, which is 12% below median its 10-year median of 102.11 and 72.8% above the Retail - Cyclical industry median of 51.79. Zhen Yu Hardware Co's overall GF Score™ is 78/100 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 Zhen Yu Hardware Co (ROCO:2947), the current Days Payable is 89.50 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 Zhen Yu Hardware Co (ROCO:2947) Overvalued in 2026?

Based on GuruFocus' analysis, Zhen Yu Hardware Co stock appears to be undervalued. The current stock price of NT$69.40 is trading 19.9% below its estimated GF Value™ of NT$86.65. GuruFocus considers Zhen Yu Hardware Co to be Modestly Undervalued.

Key valuation signals for ROCO:2947:

  • Days Payable: 89.50 (12% below median its 10-year median of 102.11)
  • GF Value™: NT$86.65 vs. price of NT$69.40 (19.9% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 72.8% above the Retail - Cyclical median (#279 of 1099)

No single metric tells the full story. See the ROCO:2947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhen Yu Hardware Co Business Description

Address Section 2, Huanzhong Road, No. 27, Xitun District, Taichung, TWN, 407
Zhen Yu Hardware Co Ltd is mainly engaged in the wholesale and retail of hardware in Taiwan. It offers a wide range of hardware, repair tools, and supplies such as knives, scissors, chisels, grinding machines, cutting machines, hand screws, foot lamp holders, LED bulbs, wrenches, screw drivers, etc. The company offers these products through its retail stores located throughout Taiwan, and is also involved in selling them online through its e-commerce website.
78GF Score

Get the complete analysis for ROCO:2947

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

NT$69.40
Price
NT$86.65
GF Value