Chi Cheng Enterprise Co (ROCO:3095) Days Payable: 49.81 (As of Jun. 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3095 Chi Cheng Enterprise Co Ltd ROCO:3095
61 GF Score
Price NT$36.55
GF Value NT$47.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Chi Cheng Enterprise Co Days Payable?

Chi Cheng Enterprise Co ROCO:3095 61 Days Payable is 49.81 as of Jun. 2026, which is 13% below its 10-year median of 57.40. GuruFocus rates ROCO:3095 with a GF Score™ of 61/100 and a GF Value™ of NT$47.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,438 Hardware companies, Chi Cheng Enterprise Co ranks worse than 61.36% on this metric.

Chi Cheng Enterprise Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$88.6 Mil. Chi Cheng Enterprise Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$162.4 Mil. Hence, Chi Cheng Enterprise Co's Days Payable for the three months ended in Jun. 2026 was 49.81.

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

ROCO:3095' s Days Payable Range Over the Past 10 Years
Min: 47.7   Med: 57.4   Max: 269.38
Current: 57.8

During the past 13 years, Chi Cheng Enterprise Co's highest Days Payable was 269.38. The lowest was 47.70. And the median was 57.40.

ROCO:3095's Days Payable is ranked worse than
61.36% of 2438 companies
in the Hardware industry
Industry Median: 70.08 vs ROCO:3095: 57.80

Chi Cheng Enterprise Co's Days Payable declined from Jun. 2025 (50.96) to Jun. 2026 (49.81). It may suggest that Chi Cheng Enterprise Co accelerated paying its suppliers.


Chi Cheng Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chi Cheng Enterprise 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.

Chi Cheng Enterprise Co Days Payable Chart

Chi Cheng Enterprise 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 53.04 61.55 59.44 47.70 51.80

Chi Cheng Enterprise Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 50.96 61.16 57.37 64.93 49.81

ROCO:3095 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Chi Cheng Enterprise 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.


Chi Cheng Enterprise Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Chi Cheng Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chi Cheng Enterprise Co's Days Payable falls into.


ROCO:3095
61GF Score
Chi Cheng Enterprise Co Ltd ROCO:3095
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chi Cheng Enterprise 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.

Chi Cheng Enterprise 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
=( (62.301 + 84.541) / 2 ) / 517.393*365
=73.421 / 517.393*365
=51.80

Chi Cheng Enterprise Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (84.965 + 92.301) / 2 ) / 162.36*365 / 4
=88.633 / 162.36*365 / 4
=49.81

* 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 49.81 mean?
Chi Cheng Enterprise Co (ROCO:3095) has a Days Payable of 49.81 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chi Cheng Enterprise Co and its competitors. This is 13% below median its historical median of 57.40. Over the past decade, Chi Cheng Enterprise Co's Days Payable has ranged from 47.70 to 269.38. According to the industry distribution chart, Chi Cheng Enterprise Co ranks #1496 out of 2438 companies in the Hardware industry, placing it in the top 61.4%.
Is Chi Cheng Enterprise Co's Days Payable too high?
Chi Cheng Enterprise Co's current Days Payable of 49.81 is 13% below median its 10-year median of 57.40. Over the past 10 years, this metric has ranged from a low of 47.70 to a high of 269.38. The Hardware industry median Days Payable is 70.08. Chi Cheng Enterprise Co's value of 49.81 is 28.9% below this industry median. Based on the distribution chart, Chi Cheng Enterprise Co ranks #1496 out of 2438 companies in the Hardware industry, which is below the industry midpoint. Overall, Chi Cheng Enterprise Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chi Cheng Enterprise Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Chi Cheng Enterprise Co ranks #1496 out of 2438 companies for Days Payable. This places Chi Cheng Enterprise Co in the lower half of its industry. The industry median Days Payable is 70.08. Chi Cheng Enterprise Co's value of 49.81 is 28.9% below this benchmark. Historically, Chi Cheng Enterprise Co's own Days Payable has ranged from 47.70 to 269.38 over the past decade. While the company's 10-year median is 57.40 vs. the industry median of 70.08, Chi Cheng Enterprise 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 Hardware company?
The median Days Payable among Hardware companies is 70.08, based on 2,438 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. Chi Cheng Enterprise Co's current Days Payable of 49.81 is 28.9% 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 Chi Cheng Enterprise Co and its competitors. For the Hardware industry, the median Days Payable is 70.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Cheng Enterprise Co's current Days Payable is 49.81, which is 13% below median its own 10-year median of 57.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Cheng Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Chi Cheng Enterprise Co (ROCO:3095) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.74, compared to a current price of NT$36.55 — trading 23.4% below its estimated fair value. The current Days Payable is 49.81, which is 13% below median its 10-year median of 57.40 and 28.9% below the Hardware industry median of 70.08. Chi Cheng Enterprise Co's overall GF Score™ is 61/100 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 Chi Cheng Enterprise Co (ROCO:3095), the current Days Payable is 49.81 as of Jun. 2026. 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 Chi Cheng Enterprise Co (ROCO:3095) Overvalued in 2026?

Based on GuruFocus' analysis, Chi Cheng Enterprise Co stock appears to be undervalued. The current stock price of NT$36.55 is trading 23.4% below its estimated GF Value™ of NT$47.74. GuruFocus considers Chi Cheng Enterprise Co to be Modestly Undervalued.

Key valuation signals for ROCO:3095:

  • Days Payable: 49.81 (13% below median its 10-year median of 57.40)
  • GF Value™: NT$47.74 vs. price of NT$36.55 (23.4% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 28.9% below the Hardware median (#1496 of 2438)

No single metric tells the full story. See the ROCO:3095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chi Cheng Enterprise Co Business Description

Address No.111, Jianer Road, Zhonghe District, New Taipei, TWN, 235
Chi Cheng Enterprise Co Ltd is a Taiwan-based company that designs, manufactures, and sells structural components of portable products. The products offered by the group include molding parts, precision dies, stamping, plastic molds, battery contact blocks, and lens contact blocks among others. In addition, it also offers communication devices, optical cameras, electronic products, computers, and peripherals. All the activities are geographically operated through the region of Taiwan.
61GF Score

Get the complete analysis for ROCO:3095

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

NT$36.55
Price
NT$47.74
GF Value