Golden Long Teng Development Co (ROCO:3188) Days Payable: 64.88 (As of Dec. 2025) — 21% Above Median

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ROCO:3188 Golden Long Teng Development Co Ltd ROCO:3188
60 GF Score
Price NT$23.50
GF Value NT$35.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is Golden Long Teng Development Co Days Payable?

Golden Long Teng Development Co ROCO:3188 -1.67% 60 Days Payable is 64.88 as of Dec. 2025, which is 21% above its 10-year median of 53.61. GuruFocus rates ROCO:3188 with a GF Score™ of 60/100 and a GF Value™ of NT$35.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,568 Real Estate companies, Golden Long Teng Development Co ranks worse than 52.36% on this metric.

Golden Long Teng Development Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$334 Mil. Golden Long Teng Development Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$469 Mil. Hence, Golden Long Teng Development Co's Days Payable for the three months ended in Dec. 2025 was 64.88.

The historical rank and industry rank for Golden Long Teng Development Co's Days Payable or its related term are showing as below:

ROCO:3188' s Days Payable Range Over the Past 10 Years
Min: 22.8   Med: 53.61   Max: 165.91
Current: 86.21

During the past 13 years, Golden Long Teng Development Co's highest Days Payable was 165.91. The lowest was 22.80. And the median was 53.61.

ROCO:3188's Days Payable is ranked worse than
52.36% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs ROCO:3188: 86.21

Golden Long Teng Development Co's Days Payable declined from Dec. 2024 (304.90) to Dec. 2025 (64.88). It may suggest that Golden Long Teng Development Co accelerated paying its suppliers.


Golden Long Teng Development Co Days Payable Related Terms


Golden Long Teng Development Co Days Payable Historical Data

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The historical data trend for Golden Long Teng Development 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.

Golden Long Teng Development Co Days Payable Chart

Golden Long Teng Development 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 40.97 96.97 66.25 125.47 79.43

Golden Long Teng Development 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 304.90 400.05 441.99 38.65 64.88

Golden Long Teng Development Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Golden Long Teng Development 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.


Golden Long Teng Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden Long Teng Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden Long Teng Development Co's Days Payable falls into.


ROCO:3188
60GF Score
Golden Long Teng Development Co Ltd ROCO:3188
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Long Teng Development 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.

Golden Long Teng Development 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
=( (306.691 + 335.191) / 2 ) / 1474.722*365
=320.941 / 1474.722*365
=79.43

Golden Long Teng Development 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
=( (332.445 + 335.191) / 2 ) / 469.496*365 / 4
=333.818 / 469.496*365 / 4
=64.88

* 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 64.88 mean?
Golden Long Teng Development Co (ROCO:3188) has a Days Payable of 64.88 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 Golden Long Teng Development Co and its competitors. This is 21% above median its historical median of 53.61. Over the past decade, Golden Long Teng Development Co's Days Payable has ranged from 22.80 to 165.91. According to the industry distribution chart, Golden Long Teng Development Co ranks #821 out of 1568 companies in the Real Estate industry, placing it in the top 52.4%.
Is Golden Long Teng Development Co's Days Payable too high?
Golden Long Teng Development Co's current Days Payable of 64.88 is 21% above median its 10-year median of 53.61. Over the past 10 years, this metric has ranged from a low of 22.80 to a high of 165.91. The Real Estate industry median Days Payable is 94.21. Golden Long Teng Development Co's value of 64.88 is 31.1% below this industry median. Based on the distribution chart, Golden Long Teng Development Co ranks #821 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Golden Long Teng Development Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Golden Long Teng Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Golden Long Teng Development Co ranks #821 out of 1568 companies for Days Payable. This places Golden Long Teng Development Co in the lower half of its industry. The industry median Days Payable is 94.21. Golden Long Teng Development Co's value of 64.88 is 31.1% below this benchmark. Historically, Golden Long Teng Development Co's own Days Payable has ranged from 22.80 to 165.91 over the past decade. While the company's 10-year median is 53.61 vs. the industry median of 94.21, Golden Long Teng Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Golden Long Teng Development Co's current Days Payable of 64.88 is 31.1% 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 Golden Long Teng Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Long Teng Development Co's current Days Payable is 64.88, which is 21% above median its own 10-year median of 53.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Long Teng Development Co stock overvalued right now?
Based on GuruFocus' analysis, Golden Long Teng Development Co (ROCO:3188) is currently considered Possible Value Trap. The stock's GF Value™ is NT$35.38, compared to a current price of NT$23.50 — trading 33.6% below its estimated fair value. The current Days Payable is 64.88, which is 21% above median its 10-year median of 53.61 and 31.1% below the Real Estate industry median of 94.21. Golden Long Teng Development Co's overall GF Score™ is 60/100 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 Golden Long Teng Development Co (ROCO:3188), the current Days Payable is 64.88 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 Golden Long Teng Development Co (ROCO:3188) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Long Teng Development Co stock appears to be undervalued. The current stock price of NT$23.50 is trading 33.6% below its estimated GF Value™ of NT$35.38. GuruFocus considers Golden Long Teng Development Co to be Possible Value Trap.

Key valuation signals for ROCO:3188:

  • Days Payable: 64.88 (21% above median its 10-year median of 53.61)
  • GF Value™: NT$35.38 vs. price of NT$23.50 (33.6% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 31.1% below the Real Estate median (#821 of 1568)

No single metric tells the full story. See the ROCO:3188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Long Teng Development Co Business Description

Address No. 33, Mingcheng 4th Road, Longshui Village, Gushan District, Kaohsiung, TWN, 80457
Golden Long Teng Development Co Ltd is engaged in real estate leasing, residential and building development, and rental and sales services. Its segments include Construction and Development Department mainly engaged in real estate leasing and residential and building development leasing and sales business; and Construction Department mainly engaged in the business of house construction. It derives the majority of revenue from the Construction and Development Department from Taiwan.
60GF Score

Get the complete analysis for ROCO:3188

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

NT$23.50
Price
NT$35.38
GF Value