Jiin Ming Industry Co (ROCO:3230) Days Payable: 56.11 (As of Jun. 2026) — 20% Above Median

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ROCO:3230 Jiin Ming Industry Co Ltd ROCO:3230
51 GF Score
Price NT$43.25
GF Value NT$30.03
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Jiin Ming Industry Co Days Payable?

Jiin Ming Industry Co ROCO:3230 +4.09% 51 Days Payable is 56.11 as of Jun. 2026, which is 20% above its 10-year median of 46.71. GuruFocus rates ROCO:3230 with a GF Score™ of 51/100 and a GF Value™ of NT$30.03 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,440 Hardware companies, Jiin Ming Industry Co ranks worse than 65.9% on this metric.

Jiin Ming Industry Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$60.8 Mil. Jiin Ming Industry Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$98.9 Mil. Hence, Jiin Ming Industry Co's Days Payable for the three months ended in Jun. 2026 was 56.11.

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

ROCO:3230' s Days Payable Range Over the Past 10 Years
Min: 43.24   Med: 46.71   Max: 65.99
Current: 53.37

During the past 13 years, Jiin Ming Industry Co's highest Days Payable was 65.99. The lowest was 43.24. And the median was 46.71.

ROCO:3230's Days Payable is ranked worse than
65.9% of 2440 companies
in the Hardware industry
Industry Median: 70.065 vs ROCO:3230: 53.37

Jiin Ming Industry Co's Days Payable increased from Jun. 2025 (48.28) to Jun. 2026 (56.11). It may suggest that Jiin Ming Industry Co delayed paying its suppliers.


Jiin Ming Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiin Ming Industry 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.

Jiin Ming Industry Co Days Payable Chart

Jiin Ming Industry 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 43.24 49.20 44.66 56.26 53.64

Jiin Ming Industry 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 48.28 53.29 53.25 49.72 56.11

ROCO:3230 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Jiin Ming Industry 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.


Jiin Ming Industry Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Jiin Ming Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiin Ming Industry Co's Days Payable falls into.


ROCO:3230
51GF Score
Jiin Ming Industry Co Ltd ROCO:3230
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiin Ming Industry 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.

Jiin Ming Industry 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
=( (56.655 + 50.822) / 2 ) / 365.668*365
=53.7385 / 365.668*365
=53.64

Jiin Ming Industry 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
=( (54.093 + 67.51) / 2 ) / 98.885*365 / 4
=60.8015 / 98.885*365 / 4
=56.11

* 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 56.11 mean?
Jiin Ming Industry Co (ROCO:3230) has a Days Payable of 56.11 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 Jiin Ming Industry Co and its competitors. This is 20% above median its historical median of 46.71. Over the past decade, Jiin Ming Industry Co's Days Payable has ranged from 43.24 to 65.99. According to the industry distribution chart, Jiin Ming Industry Co ranks #1608 out of 2440 companies in the Hardware industry, placing it in the top 65.9%.
Is Jiin Ming Industry Co's Days Payable too high?
Jiin Ming Industry Co's current Days Payable of 56.11 is 20% above median its 10-year median of 46.71. Over the past 10 years, this metric has ranged from a low of 43.24 to a high of 65.99. The Hardware industry median Days Payable is 70.07. Jiin Ming Industry Co's value of 56.11 is 19.9% below this industry median. Based on the distribution chart, Jiin Ming Industry Co ranks #1608 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Jiin Ming Industry Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiin Ming Industry Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Jiin Ming Industry Co ranks #1608 out of 2440 companies for Days Payable. This places Jiin Ming Industry Co in the lower half of its industry. The industry median Days Payable is 70.07. Jiin Ming Industry Co's value of 56.11 is 19.9% below this benchmark. Historically, Jiin Ming Industry Co's own Days Payable has ranged from 43.24 to 65.99 over the past decade. While the company's 10-year median is 46.71 vs. the industry median of 70.07, Jiin Ming Industry 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 70.07, based on 2,440 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. Jiin Ming Industry Co's current Days Payable of 56.11 is 19.9% 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 Jiin Ming Industry Co and its competitors. For the Hardware industry, the median Days Payable is 70.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiin Ming Industry Co's current Days Payable is 56.11, which is 20% above median its own 10-year median of 46.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiin Ming Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiin Ming Industry Co (ROCO:3230) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$30.03, compared to a current price of NT$43.25 — trading 44% above its estimated fair value. The current Days Payable is 56.11, which is 20% above median its 10-year median of 46.71 and 19.9% below the Hardware industry median of 70.07. Jiin Ming Industry Co's overall GF Score™ is 51/100 with 3 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 Jiin Ming Industry Co (ROCO:3230), the current Days Payable is 56.11 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 Jiin Ming Industry Co (ROCO:3230) Overvalued in 2026?

Based on GuruFocus' analysis, Jiin Ming Industry Co stock appears to be overvalued. The current stock price of NT$43.25 is trading 44% above its estimated GF Value™ of NT$30.03. GuruFocus considers Jiin Ming Industry Co to be Significantly Overvalued.

Key valuation signals for ROCO:3230:

  • Days Payable: 56.11 (20% above median its 10-year median of 46.71)
  • GF Value™: NT$30.03 vs. price of NT$43.25 (44% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 19.9% below the Hardware median (#1608 of 2440)

No single metric tells the full story. See the ROCO:3230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiin Ming Industry Co Business Description

Address No. 896, Jingguo Road, 16th Floor, Neighborhood 17, Nankan Vil., Luzhu District, Taoyuan, TWN
Jiin Ming Industry Co Ltd is engaged in the manufacturing and processing of internal components and housings of various information, communication, and consumer electronic products and display parts, as well as the development and manufacturing of molds. It generates maximum revenue from the Hardware stamping parts. Geographically, the company derives a majority of its revenue from China.
51GF Score

Get the complete analysis for ROCO:3230

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

NT$43.25
Price
NT$30.03
GF Value