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Chitec Technology CoROCO:3430 -2.80%63 Days Payable is 53.05 as of Dec. 2025, which is 21% above its 10-year median of 43.85. GuruFocus rates ROCO:3430 with a GF Score™ of 63/100 and a GF Value™ of NT$64.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,553 Chemicals companies, Chitec Technology Co ranks worse than 64.84% on this metric.
The historical rank and industry rank for Chitec Technology Co's Days Payable or its related term are showing as below:
ROCO:3430'
s Days Payable Range Over the Past 10 Years
Min: 21.98 Med: 43.85 Max: 55.89
Current: 45.17
During the past 13 years, Chitec Technology Co's highest Days Payable was 55.89. The lowest was 21.98. And the median was 43.85.
ROCO:3430's Days Payable is ranked worse than 64.84% of 1553
companies
in the Chemicals industry
Industry Median: 59.87
vs ROCO:3430: 45.17
Chitec Technology Co's Days Payable
increased
from Dec. 2024 (50.55) to Dec. 2025 (53.05).
It may suggest that Chitec Technology Codelayed paying its suppliers.
Chitec Technology Co Days Payable Related Terms
Chitec Technology Co Days Payable Historical Data
* Premium members only.
The historical data trend for Chitec Technology 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.
ROCO:3430 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Chitec Technology 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.
Chitec Technology Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chitec Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Chitec Technology Co's Days Payable falls into.
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.
Chitec Technology Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Chitec Technology Co (ROCO:3430) has a Days Payable of 53.05 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 Chitec Technology Co and its competitors. This is 21% above median its historical median of 43.85. Over the past decade, Chitec Technology Co's Days Payable has ranged from 21.98 to 55.89. According to the industry distribution chart, Chitec Technology Co ranks #1007 out of 1553 companies in the Chemicals industry, placing it in the top 64.8%.
Is Chitec Technology Co's Days Payable too high?
Chitec Technology Co's current Days Payable of 53.05 is 21% above median its 10-year median of 43.85. Over the past 10 years, this metric has ranged from a low of 21.98 to a high of 55.89. The Chemicals industry median Days Payable is 59.87. Chitec Technology Co's value of 53.05 is 11.4% below this industry median. Based on the distribution chart, Chitec Technology Co ranks #1007 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Chitec Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chitec Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chitec Technology Co ranks #1007 out of 1553 companies for Days Payable. This places Chitec Technology Co in the lower half of its industry. The industry median Days Payable is 59.87. Chitec Technology Co's value of 53.05 is 11.4% below this benchmark. Historically, Chitec Technology Co's own Days Payable has ranged from 21.98 to 55.89 over the past decade. While the company's 10-year median is 43.85 vs. the industry median of 59.87, Chitec Technology 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,553 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. Chitec Technology Co's current Days Payable of 53.05 is 11.4% 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 Chitec Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chitec Technology Co's current Days Payable is 53.05, which is 21% above median its own 10-year median of 43.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chitec Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chitec Technology Co (ROCO:3430) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$64.57, compared to a current price of NT$139.00 — trading 115.3% above its estimated fair value. The current Days Payable is 53.05, which is 21% above median its 10-year median of 43.85 and 11.4% below the Chemicals industry median of 59.87. Chitec Technology Co's overall GF Score™ is 63/100 with 2 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 Chitec Technology Co (ROCO:3430), the current Days Payable is 53.05 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 Chitec Technology Co (ROCO:3430) Overvalued in 2026?
Based on GuruFocus' analysis, Chitec Technology Co stock appears to be overvalued.
The current stock price of NT$139.00 is trading 115.3% above its estimated GF Value™ of NT$64.57.
GuruFocus considers Chitec Technology Co to be Significantly Overvalued.
Key valuation signals for ROCO:3430:
Days Payable: 53.05 (21% above median its 10-year median of 43.85)
GF Value™: NT$64.57 vs. price of NT$139.00 (115.3% above fair value)
Industry Position: 11.4% below the Chemicals median (#1007 of 1553)
No single metric tells the full story. See the ROCO:3430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chitec Technology Co Ltd is engaged in the research and development of specialty chemical applications for various industries, including electronics, medicine, automotive, and construction. Its products include photoinitiators, UV absorbers, antioxidants, flame retardants, and others.
63GF Score
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