Celxpert Energy (ROCO:3323) Days Payable: 94.77 (As of Mar. 2026) — 14% Above 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:3323 Celxpert Energy Corp ROCO:3323
56 GF Score
Price NT$32.40
GF Value NT$19.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Celxpert Energy Days Payable?

Celxpert Energy ROCO:3323 +0.62% 56 Days Payable is 94.77 as of Mar. 2026, which is 14% above its 10-year median of 83.24. GuruFocus rates ROCO:3323 with a GF Score™ of 56/100 and a GF Value™ of NT$19.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Celxpert Energy ranks better than 54.99% on this metric.

Celxpert Energy's average Accounts Payable for the three months ended in Mar. 2026 was NT$973 Mil. Celxpert Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$937 Mil. Hence, Celxpert Energy's Days Payable for the three months ended in Mar. 2026 was 94.77.

The historical rank and industry rank for Celxpert Energy's Days Payable or its related term are showing as below:

ROCO:3323' s Days Payable Range Over the Past 10 Years
Min: 70.96   Med: 83.24   Max: 93.14
Current: 86.68

During the past 13 years, Celxpert Energy's highest Days Payable was 93.14. The lowest was 70.96. And the median was 83.24.

ROCO:3323's Days Payable is ranked better than
54.99% of 2993 companies
in the Industrial Products industry
Industry Median: 77.78 vs ROCO:3323: 86.68

Celxpert Energy's Days Payable declined from Mar. 2025 (105.93) to Mar. 2026 (94.77). It may suggest that Celxpert Energy accelerated paying its suppliers.


Celxpert Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Celxpert Energy'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.

Celxpert Energy Days Payable Chart

Celxpert Energy 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 78.31 74.66 70.96 82.71 86.63

Celxpert Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 105.93 74.59 83.99 98.99 94.77

ROCO:3323 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Celxpert Energy'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.


Celxpert Energy Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Celxpert Energy's Days Payable falls into.


ROCO:3323
56GF Score
Celxpert Energy Corp ROCO:3323
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celxpert Energy 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.

Celxpert Energy'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
=( (1257.71 + 888.919) / 2 ) / 4522.196*365
=1073.3145 / 4522.196*365
=86.63

Celxpert Energy's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (888.919 + 1057.973) / 2 ) / 937.294*365 / 4
=973.446 / 937.294*365 / 4
=94.77

* 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 94.77 mean?
Celxpert Energy (ROCO:3323) has a Days Payable of 94.77 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Celxpert Energy and its competitors. This is 14% above median its historical median of 83.24. Over the past decade, Celxpert Energy's Days Payable has ranged from 70.96 to 93.14. According to the industry distribution chart, Celxpert Energy ranks #1347 out of 2993 companies in the Industrial Products industry, placing it in the top 45%.
Is Celxpert Energy's Days Payable too high?
Celxpert Energy's current Days Payable of 94.77 is 14% above median its 10-year median of 83.24. Over the past 10 years, this metric has ranged from a low of 70.96 to a high of 93.14. The Industrial Products industry median Days Payable is 77.78. Celxpert Energy's value of 94.77 is 21.8% above this industry median. Based on the distribution chart, Celxpert Energy ranks #1347 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Celxpert Energy has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celxpert Energy's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Celxpert Energy ranks #1347 out of 2993 companies for Days Payable. This puts Celxpert Energy in the upper half of its industry. The industry median Days Payable is 77.78. Celxpert Energy's value of 94.77 is 21.8% above this benchmark. Historically, Celxpert Energy's own Days Payable has ranged from 70.96 to 93.14 over the past decade. While the company's 10-year median is 83.24 vs. the industry median of 77.78, Celxpert Energy 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.78, based on 2,993 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. Celxpert Energy's current Days Payable of 94.77 is 21.8% 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 Celxpert Energy and its competitors. For the Industrial Products industry, the median Days Payable is 77.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celxpert Energy's current Days Payable is 94.77, which is 14% above median its own 10-year median of 83.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celxpert Energy stock overvalued right now?
Based on GuruFocus' analysis, Celxpert Energy (ROCO:3323) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.42, compared to a current price of NT$32.40 — trading 66.8% above its estimated fair value. The current Days Payable is 94.77, which is 14% above median its 10-year median of 83.24 and 21.8% above the Industrial Products industry median of 77.78. Celxpert Energy's overall GF Score™ is 56/100 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 Celxpert Energy (ROCO:3323), the current Days Payable is 94.77 as of Mar. 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 Celxpert Energy (ROCO:3323) Overvalued in 2026?

Based on GuruFocus' analysis, Celxpert Energy stock appears to be overvalued. The current stock price of NT$32.40 is trading 66.8% above its estimated GF Value™ of NT$19.42. GuruFocus considers Celxpert Energy to be Significantly Overvalued.

Key valuation signals for ROCO:3323:

  • Days Payable: 94.77 (14% above median its 10-year median of 83.24)
  • GF Value™: NT$19.42 vs. price of NT$32.40 (66.8% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 21.8% above the Industrial Products median (#1347 of 2993)

No single metric tells the full story. See the ROCO:3323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Celxpert Energy Business Description

Address No. 128, Gong 5th Road, Longtan District, Taoyuan, TWN, 325
Celxpert Energy Corp is a Taiwan-based company principally engaged in manufacturing and selling batteries. Its product portfolio includes polymer batteries, Li-ion battery packs, range extender batteries, down-tube batteries, and others for laptops and tablets, e-bikes, energy storage, network devices, and other products. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, and other regions.
56GF Score

Get the complete analysis for ROCO:3323

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

NT$32.40
Price
NT$19.42
GF Value