King Chou Marine Technology Co (ROCO:4417) Days Payable: 13.96 (As of Dec. 2025) — 19% Above Median


ROCO:4417 King Chou Marine Technology Co Ltd ROCO:4417
81 GF Score
Price NT$48.05
GF Value NT$47.86
Valuation Fairly Valued
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What is King Chou Marine Technology Co Days Payable?

King Chou Marine Technology Co ROCO:4417 81 Days Payable is 13.96 as of Dec. 2025, which is 19% above its 10-year median of 11.76. GuruFocus rates ROCO:4417 with a GF Score™ of 81/100 and a GF Value™ of NT$47.86 (Fairly Valued). Among 1,015 Manufacturing - Apparel & Accessories companies, King Chou Marine Technology Co ranks worse than 90.74% on this metric.

King Chou Marine Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$102 Mil. King Chou Marine Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$669 Mil. Hence, King Chou Marine Technology Co's Days Payable for the three months ended in Dec. 2025 was 13.96.

The historical rank and industry rank for King Chou Marine Technology Co's Days Payable or its related term are showing as below:

ROCO:4417' s Days Payable Range Over the Past 10 Years
Min: 7.97   Med: 11.76   Max: 17.54
Current: 14.55

During the past 13 years, King Chou Marine Technology Co's highest Days Payable was 17.54. The lowest was 7.97. And the median was 11.76.

ROCO:4417's Days Payable is ranked worse than
90.74% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs ROCO:4417: 14.55

King Chou Marine Technology Co's Days Payable increased from Dec. 2024 (13.55) to Dec. 2025 (13.96). It may suggest that King Chou Marine Technology Co delayed paying its suppliers.


King Chou Marine Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for King Chou Marine 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.

King Chou Marine Technology Co Days Payable Chart

King Chou Marine Technology 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 14.20 7.97 8.46 13.46 17.54

King Chou Marine Technology Co 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 13.55 15.54 11.91 13.89 13.96

King Chou Marine Technology Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, King Chou Marine 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.


King Chou Marine Technology Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where King Chou Marine Technology Co's Days Payable falls into.


ROCO:4417
81GF Score
King Chou Marine Technology Co Ltd ROCO:4417
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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King Chou Marine Technology 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.

King Chou Marine Technology 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
=( (118.52 + 113.915) / 2 ) / 2417.881*365
=116.2175 / 2417.881*365
=17.54

King Chou Marine Technology Co'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
=( (90.707 + 113.915) / 2 ) / 668.777*365 / 4
=102.311 / 668.777*365 / 4
=13.96

* 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 13.96 mean?
King Chou Marine Technology Co (ROCO:4417) has a Days Payable of 13.96 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 King Chou Marine Technology Co and its competitors. This is 19% above median its historical median of 11.76. Over the past decade, King Chou Marine Technology Co's Days Payable has ranged from 7.97 to 17.54. According to the industry distribution chart, King Chou Marine Technology Co ranks #921 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 90.7%.
Is King Chou Marine Technology Co's Days Payable too high?
King Chou Marine Technology Co's current Days Payable of 13.96 is 19% above median its 10-year median of 11.76. Over the past 10 years, this metric has ranged from a low of 7.97 to a high of 17.54. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. King Chou Marine Technology Co's value of 13.96 is 74.3% below this industry median. Based on the distribution chart, King Chou Marine Technology Co ranks #921 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, King Chou Marine Technology Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Chou Marine Technology Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, King Chou Marine Technology Co ranks #921 out of 1015 companies for Days Payable. This places King Chou Marine Technology Co in the lower half of its industry. The industry median Days Payable is 54.22. King Chou Marine Technology Co's value of 13.96 is 74.3% below this benchmark. Historically, King Chou Marine Technology Co's own Days Payable has ranged from 7.97 to 17.54 over the past decade. While the company's 10-year median is 11.76 vs. the industry median of 54.22, King Chou Marine 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. King Chou Marine Technology Co's current Days Payable of 13.96 is 74.3% 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 King Chou Marine Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Chou Marine Technology Co's current Days Payable is 13.96, which is 19% above median its own 10-year median of 11.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Chou Marine Technology Co stock overvalued right now?
Based on GuruFocus' analysis, King Chou Marine Technology Co (ROCO:4417) is currently considered Fairly Valued. The stock's GF Value™ is NT$47.86, compared to a current price of NT$48.05 — trading 0.4% above its estimated fair value. The current Days Payable is 13.96, which is 19% above median its 10-year median of 11.76 and 74.3% below the Manufacturing - Apparel & Accessories industry median of 54.22. King Chou Marine Technology Co's overall GF Score™ is 81/100. 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 King Chou Marine Technology Co (ROCO:4417), the current Days Payable is 13.96 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 King Chou Marine Technology Co (ROCO:4417) Overvalued in 2026?

Based on GuruFocus' analysis, King Chou Marine Technology Co stock appears to be overvalued. The current stock price of NT$48.05 is trading 0.4% above its estimated GF Value™ of NT$47.86. GuruFocus considers King Chou Marine Technology Co to be Fairly Valued.

Key valuation signals for ROCO:4417:

  • Days Payable: 13.96 (19% above median its 10-year median of 11.76)
  • GF Value™: NT$47.86 vs. price of NT$48.05 (0.4% above fair value)
  • GF Score™: 81/100
  • Industry Position: 74.3% below the Manufacturing - Apparel & Accessories median (#921 of 1015)

No single metric tells the full story. See the ROCO:4417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Chou Marine Technology Co Business Description

Address No. 12, Hsingan Road, Hsinyuan Township, Kanghsi Village, Pingtung, TWN, 806
King Chou Marine Technology Co Ltd engages in the manufacturing, processing, domestic/export sales and export/import trade of a variety of fishing nets, twines and ropes. Its products include Nylon Twisted Net, Nylon Braided Net, Polyester Twisted Net, Polyster Braided Net, PE Twisted Net, Nylon Monofilament Net ( Regular and Flat type ), Nylon Multi-Mono Net, PE Braided Net, Nylon Raschel Knotless Net, Polyester Raschel Knotless Net, Nylon Super-Knot Knotless Net, PE Raschel Knotless Net, KK Raschel Knotless Net, and KK Braided Net. Its segments include King Chou, Kunshan King Chou, Vietnam King ChouIndonesia King Da, and Others.
81GF Score

Get the complete analysis for ROCO:4417

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

NT$48.05
Price
NT$47.86
GF Value