Chernan Metal Industrial (ROCO:3631) Days Payable: 1.69 (As of Dec. 2025) — 2013% Above Median

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ROCO:3631 Chernan Metal Industrial Corp ROCO:3631
27 GF Score
Price NT$32.85
GF Value NT$10.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Chernan Metal Industrial Days Payable?

Chernan Metal Industrial ROCO:3631 +0.15% 27 Days Payable is 1.69 as of Dec. 2025, which is 2013% above its 10-year median of 0.08. GuruFocus rates ROCO:3631 with a GF Score™ of 27/100 and a GF Value™ of NT$10.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,991 Industrial Products companies, Chernan Metal Industrial ranks worse than 99.5% on this metric.

Chernan Metal Industrial's average Accounts Payable for the three months ended in Dec. 2025 was NT$0.09 Mil. Chernan Metal Industrial's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4.77 Mil. Hence, Chernan Metal Industrial's Days Payable for the three months ended in Dec. 2025 was 1.69.

The historical rank and industry rank for Chernan Metal Industrial's Days Payable or its related term are showing as below:

ROCO:3631' s Days Payable Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 10.14
Current: 4.33

During the past 13 years, Chernan Metal Industrial's highest Days Payable was 10.14. The lowest was 0.01. And the median was 0.08.

ROCO:3631's Days Payable is ranked worse than
99.5% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:3631: 4.33

Chernan Metal Industrial's Days Payable increased from Dec. 2024 (1.47) to Dec. 2025 (1.69). It may suggest that Chernan Metal Industrial delayed paying its suppliers.


Chernan Metal Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Chernan Metal Industrial'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.

Chernan Metal Industrial Days Payable Chart

Chernan Metal Industrial 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 0.06 0.08 0.16 3.59 10.14

Chernan Metal Industrial 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 1.47 8.16 0.41 0.50 1.69

ROCO:3631 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Chernan Metal Industrial'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.


Chernan Metal Industrial Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Chernan Metal Industrial's Days Payable falls into.


ROCO:3631
27GF Score
Chernan Metal Industrial Corp ROCO:3631
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chernan Metal Industrial 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.

Chernan Metal Industrial'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
=( (1.027 + 0.151) / 2 ) / 21.197*365
=0.589 / 21.197*365
=10.14

Chernan Metal Industrial'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
=( (0.026 + 0.151) / 2 ) / 4.77*365 / 4
=0.0885 / 4.77*365 / 4
=1.69

* 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 1.69 mean?
Chernan Metal Industrial (ROCO:3631) has a Days Payable of 1.69 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 Chernan Metal Industrial and its competitors. This is 2013% above median its historical median of 0.08. Over the past decade, Chernan Metal Industrial's Days Payable has ranged from 0.01 to 10.14. According to the industry distribution chart, Chernan Metal Industrial ranks #2976 out of 2991 companies in the Industrial Products industry, placing it in the top 99.5%.
Is Chernan Metal Industrial's Days Payable too high?
Chernan Metal Industrial's current Days Payable of 1.69 is 2013% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 10.14. The Industrial Products industry median Days Payable is 78.05. Chernan Metal Industrial's value of 1.69 is 97.8% below this industry median. Based on the distribution chart, Chernan Metal Industrial ranks #2976 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chernan Metal Industrial has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chernan Metal Industrial's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chernan Metal Industrial ranks #2976 out of 2991 companies for Days Payable. This places Chernan Metal Industrial in the lower half of its industry. The industry median Days Payable is 78.05. Chernan Metal Industrial's value of 1.69 is 97.8% below this benchmark. Historically, Chernan Metal Industrial's own Days Payable has ranged from 0.01 to 10.14 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 78.05, Chernan Metal Industrial 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 2,991 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. Chernan Metal Industrial's current Days Payable of 1.69 is 97.8% 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 Chernan Metal Industrial 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. Chernan Metal Industrial's current Days Payable is 1.69, which is 2013% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chernan Metal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Chernan Metal Industrial (ROCO:3631) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.09, compared to a current price of NT$32.85 — trading 225.6% above its estimated fair value. The current Days Payable is 1.69, which is 2013% above median its 10-year median of 0.08 and 97.8% below the Industrial Products industry median of 78.05. Chernan Metal Industrial's overall GF Score™ is 27/100 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 Chernan Metal Industrial (ROCO:3631), the current Days Payable is 1.69 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 Chernan Metal Industrial (ROCO:3631) Overvalued in 2026?

Based on GuruFocus' analysis, Chernan Metal Industrial stock appears to be overvalued. The current stock price of NT$32.85 is trading 225.6% above its estimated GF Value™ of NT$10.09. GuruFocus considers Chernan Metal Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:3631:

  • Days Payable: 1.69 (2013% above median its 10-year median of 0.08)
  • GF Value™: NT$10.09 vs. price of NT$32.85 (225.6% above fair value)
  • GF Score™: 27/100 with 6 warning signs
  • Industry Position: 97.8% below the Industrial Products median (#2976 of 2991)

No single metric tells the full story. See the ROCO:3631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chernan Metal Industrial Business Description

Address No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials. The company's segment includes the domestic division and the overseas division. The domestic division is mainly engaged in the manufacture and sale of solder products and the trading of semiconductor products, while the overseas division is mainly engaged in the manufacture and sale of solder products. The company generates the majority of its revenue from overseas segment.
27GF Score

Get the complete analysis for ROCO:3631

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

NT$32.85
Price
NT$10.09
GF Value