C-Tech United (ROCO:3625) Days Payable: 67.36 (As of Dec. 2025) — 35% Below Median


ROCO:3625 C-Tech United Corp ROCO:3625
38 GF Score
Price NT$17.15
GF Value NT$5.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is C-Tech United Days Payable?

C-Tech United ROCO:3625 38 Days Payable is 67.36 as of Dec. 2025, which is 35% below its 10-year median of 102.99. GuruFocus rates ROCO:3625 with a GF Score™ of 38/100 and a GF Value™ of NT$5.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,994 Industrial Products companies, C-Tech United ranks worse than 55.41% on this metric.

C-Tech United's average Accounts Payable for the three months ended in Dec. 2025 was NT$63.3 Mil. C-Tech United's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$85.7 Mil. Hence, C-Tech United's Days Payable for the three months ended in Dec. 2025 was 67.36.

The historical rank and industry rank for C-Tech United's Days Payable or its related term are showing as below:

ROCO:3625' s Days Payable Range Over the Past 10 Years
Min: 52.24   Med: 102.99   Max: 130.36
Current: 68.9

During the past 13 years, C-Tech United's highest Days Payable was 130.36. The lowest was 52.24. And the median was 102.99.

ROCO:3625's Days Payable is ranked worse than
55.41% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:3625: 68.90

C-Tech United's Days Payable declined from Dec. 2024 (77.17) to Dec. 2025 (67.36). It may suggest that C-Tech United accelerated paying its suppliers.


C-Tech United Days Payable Historical Data

* Premium members only.

The historical data trend for C-Tech United'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.

C-Tech United Days Payable Chart

C-Tech United 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 93.19 72.01 62.83 130.36 52.24

C-Tech United 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 77.17 58.40 77.03 92.62 67.36

ROCO:3625 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, C-Tech United'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.


C-Tech United Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, C-Tech United's Days Payable distribution charts can be found below:

* The bar in red indicates where C-Tech United's Days Payable falls into.


ROCO:3625
38GF Score
C-Tech United Corp ROCO:3625
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C-Tech United 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.

C-Tech United'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
=( (57.547 + 44.422) / 2 ) / 356.204*365
=50.9845 / 356.204*365
=52.24

C-Tech United'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
=( (82.138 + 44.422) / 2 ) / 85.723*365 / 4
=63.28 / 85.723*365 / 4
=67.36

* 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 67.36 mean?
C-Tech United (ROCO:3625) has a Days Payable of 67.36 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 C-Tech United and its competitors. This is 35% below median its historical median of 102.99. Over the past decade, C-Tech United's Days Payable has ranged from 52.24 to 130.36. According to the industry distribution chart, C-Tech United ranks #1659 out of 2994 companies in the Industrial Products industry, placing it in the top 55.4%.
Is C-Tech United's Days Payable too high?
C-Tech United's current Days Payable of 67.36 is 35% below median its 10-year median of 102.99. Over the past 10 years, this metric has ranged from a low of 52.24 to a high of 130.36. The Industrial Products industry median Days Payable is 78.05. C-Tech United's value of 67.36 is 13.7% below this industry median. Based on the distribution chart, C-Tech United ranks #1659 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, C-Tech United has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does C-Tech United's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, C-Tech United ranks #1659 out of 2994 companies for Days Payable. This places C-Tech United in the lower half of its industry. The industry median Days Payable is 78.05. C-Tech United's value of 67.36 is 13.7% below this benchmark. Historically, C-Tech United's own Days Payable has ranged from 52.24 to 130.36 over the past decade. While the company's 10-year median is 102.99 vs. the industry median of 78.05, C-Tech United 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. C-Tech United's current Days Payable of 67.36 is 13.7% 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 C-Tech United and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Tech United's current Days Payable is 67.36, which is 35% below median its own 10-year median of 102.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Tech United stock overvalued right now?
Based on GuruFocus' analysis, C-Tech United (ROCO:3625) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.97, compared to a current price of NT$17.15 — trading 187.3% above its estimated fair value. The current Days Payable is 67.36, which is 35% below median its 10-year median of 102.99 and 13.7% below the Industrial Products industry median of 78.05. C-Tech United's overall GF Score™ is 38/100 with 5 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 C-Tech United (ROCO:3625), the current Days Payable is 67.36 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 C-Tech United (ROCO:3625) Overvalued in 2026?

Based on GuruFocus' analysis, C-Tech United stock appears to be overvalued. The current stock price of NT$17.15 is trading 187.3% above its estimated GF Value™ of NT$5.97. GuruFocus considers C-Tech United to be Significantly Overvalued.

Key valuation signals for ROCO:3625:

  • Days Payable: 67.36 (35% below median its 10-year median of 102.99)
  • GF Value™: NT$5.97 vs. price of NT$17.15 (187.3% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 13.7% below the Industrial Products median (#1659 of 2994)

No single metric tells the full story. See the ROCO:3625 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C-Tech United Business Description

Address No, 663 Zhongzheng Road, 5th Floor, No. 665, Xinzhuang Distict, New Taipei, TWN, 24257
C-Tech United Corp main business items are the manufacturing and processing of battery modules, the development and manufacturing of electronic components, and the sales of houses and buildings. The Company is a designer and manufacturer of lithium-ion and lithium polymer battery modules, with clients including LG, HP, Dell, Acer, Schneider, and SRAM. Its product range includes battery modules for e-mobility, backup power systems (BPS), electric vehicles, 3C/IT devices, and energy storage systems (ESS). The Company operates in Korea, Taiwan, and other regions, with the majority of its revenue coming from Korea.
38GF Score

Get the complete analysis for ROCO:3625

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

NT$17.15
Price
NT$5.97
GF Value