Tung Thih Electronic Co (ROCO:3552) Days Payable: 146.70 (As of Mar. 2026) — 10% Above Median

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ROCO:3552 Tung Thih Electronic Co Ltd ROCO:3552
60 GF Score
Price NT$45.70
GF Value NT$73.58
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Tung Thih Electronic Co Days Payable?

Tung Thih Electronic Co ROCO:3552 -0.65% 60 Days Payable is 146.70 as of Mar. 2026, which is 10% above its 10-year median of 133.25. GuruFocus rates ROCO:3552 with a GF Score™ of 60/100 and a GF Value™ of NT$73.58 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Tung Thih Electronic Co ranks better than 75.06% on this metric.

Tung Thih Electronic Co's average Accounts Payable for the three months ended in Mar. 2026 was NT$2,275 Mil. Tung Thih Electronic Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,415 Mil. Hence, Tung Thih Electronic Co's Days Payable for the three months ended in Mar. 2026 was 146.70.

The historical rank and industry rank for Tung Thih Electronic Co's Days Payable or its related term are showing as below:

ROCO:3552' s Days Payable Range Over the Past 10 Years
Min: 102.87   Med: 133.25   Max: 188.54
Current: 116.48

During the past 13 years, Tung Thih Electronic Co's highest Days Payable was 188.54. The lowest was 102.87. And the median was 133.25.

ROCO:3552's Days Payable is ranked better than
75.06% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 66.65 vs ROCO:3552: 116.48

Tung Thih Electronic Co's Days Payable increased from Mar. 2025 (115.76) to Mar. 2026 (146.70). It may suggest that Tung Thih Electronic Co delayed paying its suppliers.


Tung Thih Electronic Co Days Payable Historical Data

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The historical data trend for Tung Thih Electronic 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.

Tung Thih Electronic Co Days Payable Chart

Tung Thih Electronic 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 156.41 113.28 102.87 120.77 123.67

Tung Thih Electronic Co 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 115.76 104.62 108.19 115.14 146.70

ROCO:3552 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Tung Thih Electronic 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.


Tung Thih Electronic Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tung Thih Electronic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tung Thih Electronic Co's Days Payable falls into.


ROCO:3552
60GF Score
Tung Thih Electronic Co Ltd ROCO:3552
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tung Thih Electronic 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.

Tung Thih Electronic 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
=( (2197.258 + 2457.569) / 2 ) / 6868.909*365
=2327.4135 / 6868.909*365
=123.67

Tung Thih Electronic Co'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
=( (2457.569 + 2092.304) / 2 ) / 1415.029*365 / 4
=2274.9365 / 1415.029*365 / 4
=146.70

* 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 146.70 mean?
Tung Thih Electronic Co (ROCO:3552) has a Days Payable of 146.70 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 Tung Thih Electronic Co and its competitors. This is 10% above median its historical median of 133.25. Over the past decade, Tung Thih Electronic Co's Days Payable has ranged from 102.87 to 188.54. According to the industry distribution chart, Tung Thih Electronic Co ranks #327 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 24.9%.
Is Tung Thih Electronic Co's Days Payable too high?
Tung Thih Electronic Co's current Days Payable of 146.70 is 10% above median its 10-year median of 133.25. Over the past 10 years, this metric has ranged from a low of 102.87 to a high of 188.54. The Vehicles & Parts industry median Days Payable is 66.65. Tung Thih Electronic Co's value of 146.70 is 120.1% above this industry median. Based on the distribution chart, Tung Thih Electronic Co ranks #327 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tung Thih Electronic Co has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tung Thih Electronic Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tung Thih Electronic Co ranks #327 out of 1311 companies for Days Payable. This places Tung Thih Electronic Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.65. Tung Thih Electronic Co's value of 146.70 is 120.1% above this benchmark. Historically, Tung Thih Electronic Co's own Days Payable has ranged from 102.87 to 188.54 over the past decade. While the company's 10-year median is 133.25 vs. the industry median of 66.65, Tung Thih Electronic Co 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.65, based on 1,311 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. Tung Thih Electronic Co's current Days Payable of 146.70 is 120.1% 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 Tung Thih Electronic Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Thih Electronic Co's current Days Payable is 146.70, which is 10% above median its own 10-year median of 133.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Thih Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Tung Thih Electronic Co (ROCO:3552) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$73.58, compared to a current price of NT$45.70 — trading 37.9% below its estimated fair value. The current Days Payable is 146.70, which is 10% above median its 10-year median of 133.25 and 120.1% above the Vehicles & Parts industry median of 66.65. Tung Thih Electronic Co's overall GF Score™ is 60/100 with 6 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 Tung Thih Electronic Co (ROCO:3552), the current Days Payable is 146.70 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 Tung Thih Electronic Co (ROCO:3552) Overvalued in 2026?

Based on GuruFocus' analysis, Tung Thih Electronic Co stock appears to be undervalued. The current stock price of NT$45.70 is trading 37.9% below its estimated GF Value™ of NT$73.58. GuruFocus considers Tung Thih Electronic Co to be Significantly Undervalued.

Key valuation signals for ROCO:3552:

  • Days Payable: 146.70 (10% above median its 10-year median of 133.25)
  • GF Value™: NT$73.58 vs. price of NT$45.70 (37.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 120.1% above the Vehicles & Parts median (#327 of 1311)

No single metric tells the full story. See the ROCO:3552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tung Thih Electronic Co Business Description

Address Nanqing Road, No.9, Lane 1156, Luzhu District, Taoyuan, TWN, 338015
Tung Thih Electronic Co Ltd is a Taiwan-based automotive electronic products and components manufacturer. The company is engaged in manufacturing and marketing of ultrasonic parking assistance systems, vehicle anti-theft devices, car door lock actuators, interior rear mirror system with multiple functions, car video systems, wireless tire pressure monitor systems, Body Control Modules (BCM), vehicle electric peripherals, and others. It offers system enablers, ultrasonic systems, imaging systems, radar systems, and fusion systems. Geographically, the company operates in Taiwan, Asia, America, and Europe. It generates maximum revenue from Asia.
60GF Score

Get the complete analysis for ROCO:3552

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

NT$45.70
Price
NT$73.58
GF Value