Gongin Precision Industrial Co (ROCO:3178) Days Payable: 24.49 (As of Dec. 2025) — 11% Below Median


ROCO:3178 Gongin Precision Industrial Co Ltd ROCO:3178
58 GF Score
Price NT$65.80
GF Value NT$62.98
Valuation Fairly Valued
! 8 Warning Signs
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What is Gongin Precision Industrial Co Days Payable?

Gongin Precision Industrial Co ROCO:3178 58 Days Payable is 24.49 as of Dec. 2025, which is 11% below its 10-year median of 27.39. GuruFocus rates ROCO:3178 with a GF Score™ of 58/100 and a GF Value™ of NT$62.98 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,994 Industrial Products companies, Gongin Precision Industrial Co ranks worse than 90.28% on this metric.

Gongin Precision Industrial Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$71 Mil. Gongin Precision Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$265 Mil. Hence, Gongin Precision Industrial Co's Days Payable for the three months ended in Dec. 2025 was 24.49.

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

ROCO:3178' s Days Payable Range Over the Past 10 Years
Min: 23.15   Med: 27.39   Max: 33.38
Current: 25.91

During the past 13 years, Gongin Precision Industrial Co's highest Days Payable was 33.38. The lowest was 23.15. And the median was 27.39.

ROCO:3178's Days Payable is ranked worse than
90.28% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:3178: 25.91

Gongin Precision Industrial Co's Days Payable declined from Dec. 2024 (28.70) to Dec. 2025 (24.49). It may suggest that Gongin Precision Industrial Co accelerated paying its suppliers.


Gongin Precision Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Gongin Precision Industrial 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.

Gongin Precision Industrial Co Days Payable Chart

Gongin Precision Industrial 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 23.15 28.23 27.41 27.45 27.36

Gongin Precision Industrial 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 28.70 31.92 24.63 21.61 24.49

ROCO:3178 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Gongin Precision Industrial 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.


Gongin Precision Industrial Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gongin Precision Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gongin Precision Industrial Co's Days Payable falls into.


ROCO:3178
58GF Score
Gongin Precision Industrial Co Ltd ROCO:3178
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gongin Precision Industrial 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.

Gongin Precision Industrial 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
=( (89.525 + 73.302) / 2 ) / 1085.976*365
=81.4135 / 1085.976*365
=27.36

Gongin Precision Industrial 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
=( (68.7 + 73.302) / 2 ) / 264.556*365 / 4
=71.001 / 264.556*365 / 4
=24.49

* 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 24.49 mean?
Gongin Precision Industrial Co (ROCO:3178) has a Days Payable of 24.49 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 Gongin Precision Industrial Co and its competitors. This is 11% below median its historical median of 27.39. Over the past decade, Gongin Precision Industrial Co's Days Payable has ranged from 23.15 to 33.38. According to the industry distribution chart, Gongin Precision Industrial Co ranks #2703 out of 2994 companies in the Industrial Products industry, placing it in the top 90.3%.
Is Gongin Precision Industrial Co's Days Payable too high?
Gongin Precision Industrial Co's current Days Payable of 24.49 is 11% below median its 10-year median of 27.39. Over the past 10 years, this metric has ranged from a low of 23.15 to a high of 33.38. The Industrial Products industry median Days Payable is 78.05. Gongin Precision Industrial Co's value of 24.49 is 68.6% below this industry median. Based on the distribution chart, Gongin Precision Industrial Co ranks #2703 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Gongin Precision Industrial Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gongin Precision Industrial Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Gongin Precision Industrial Co ranks #2703 out of 2994 companies for Days Payable. This places Gongin Precision Industrial Co in the lower half of its industry. The industry median Days Payable is 78.05. Gongin Precision Industrial Co's value of 24.49 is 68.6% below this benchmark. Historically, Gongin Precision Industrial Co's own Days Payable has ranged from 23.15 to 33.38 over the past decade. While the company's 10-year median is 27.39 vs. the industry median of 78.05, Gongin Precision Industrial 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. Gongin Precision Industrial Co's current Days Payable of 24.49 is 68.6% 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 Gongin Precision Industrial Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gongin Precision Industrial Co's current Days Payable is 24.49, which is 11% below median its own 10-year median of 27.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gongin Precision Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Gongin Precision Industrial Co (ROCO:3178) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.98, compared to a current price of NT$65.80 — trading 4.5% above its estimated fair value. The current Days Payable is 24.49, which is 11% below median its 10-year median of 27.39 and 68.6% below the Industrial Products industry median of 78.05. Gongin Precision Industrial Co's overall GF Score™ is 58/100 with 8 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 Gongin Precision Industrial Co (ROCO:3178), the current Days Payable is 24.49 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 Gongin Precision Industrial Co (ROCO:3178) Overvalued in 2026?

Based on GuruFocus' analysis, Gongin Precision Industrial Co stock appears to be overvalued. The current stock price of NT$65.80 is trading 4.5% above its estimated GF Value™ of NT$62.98. GuruFocus considers Gongin Precision Industrial Co to be Fairly Valued.

Key valuation signals for ROCO:3178:

  • Days Payable: 24.49 (11% below median its 10-year median of 27.39)
  • GF Value™: NT$62.98 vs. price of NT$65.80 (4.5% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 68.6% below the Industrial Products median (#2703 of 2994)

No single metric tells the full story. See the ROCO:3178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gongin Precision Industrial Co Business Description

Address No. 168, Bade 2nd Road, Wuhe Village, Kaohisung Hsien, TWN, 81453
Gongin Precision Industrial Co Ltd designs, manufactures and sells IC assembly molds and tools. Its products include Auto Mold Chase, M.G.P. Mold, Conventional Mold, Standard Module Components, Subsystem Assembly and Test, display equipment components and servo valve.
58GF Score

Get the complete analysis for ROCO:3178

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

NT$65.80
Price
NT$62.98
GF Value