Kao Fong Machinery Co (ROCO:4510) Days Payable: 62.63 (As of Dec. 2025) — Near Median

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ROCO:4510 Kao Fong Machinery Co Ltd ROCO:4510
53 GF Score
Price NT$41.75
GF Value NT$30.75
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kao Fong Machinery Co Days Payable?

Kao Fong Machinery Co ROCO:4510 -0.12% 53 Days Payable is 62.63 as of Dec. 2025, which is 9% below its 10-year median of 68.47. GuruFocus rates ROCO:4510 with a GF Score™ of 53/100 and a GF Value™ of NT$30.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,992 Industrial Products companies, Kao Fong Machinery Co ranks worse than 55.01% on this metric.

Kao Fong Machinery Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$316 Mil. Kao Fong Machinery Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$461 Mil. Hence, Kao Fong Machinery Co's Days Payable for the three months ended in Dec. 2025 was 62.63.

The historical rank and industry rank for Kao Fong Machinery Co's Days Payable or its related term are showing as below:

ROCO:4510' s Days Payable Range Over the Past 10 Years
Min: 48.81   Med: 68.47   Max: 75.65
Current: 69.6

During the past 13 years, Kao Fong Machinery Co's highest Days Payable was 75.65. The lowest was 48.81. And the median was 68.47.

ROCO:4510's Days Payable is ranked worse than
55.01% of 2992 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:4510: 69.60

Kao Fong Machinery Co's Days Payable declined from Dec. 2024 (69.35) to Dec. 2025 (62.63). It may suggest that Kao Fong Machinery Co accelerated paying its suppliers.


Kao Fong Machinery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kao Fong Machinery 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.

Kao Fong Machinery Co Days Payable Chart

Kao Fong Machinery 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 72.84 69.32 54.94 67.87 68.57

Kao Fong Machinery 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 69.35 79.55 62.95 79.36 62.63

ROCO:4510 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Kao Fong Machinery 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.


Kao Fong Machinery Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kao Fong Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kao Fong Machinery Co's Days Payable falls into.


ROCO:4510
53GF Score
Kao Fong Machinery Co Ltd ROCO:4510
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kao Fong Machinery 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.

Kao Fong Machinery 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
=( (228.525 + 300.173) / 2 ) / 1407.09*365
=264.349 / 1407.09*365
=68.57

Kao Fong Machinery 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
=( (332.332 + 300.173) / 2 ) / 460.797*365 / 4
=316.2525 / 460.797*365 / 4
=62.63

* 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 62.63 mean?
Kao Fong Machinery Co (ROCO:4510) has a Days Payable of 62.63 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 Kao Fong Machinery Co and its competitors. This is near median its historical median of 68.47. Over the past decade, Kao Fong Machinery Co's Days Payable has ranged from 48.81 to 75.65. According to the industry distribution chart, Kao Fong Machinery Co ranks #1646 out of 2992 companies in the Industrial Products industry, placing it in the top 55%.
Is Kao Fong Machinery Co's Days Payable too high?
Kao Fong Machinery Co's current Days Payable of 62.63 is near median its 10-year median of 68.47. Over the past 10 years, this metric has ranged from a low of 48.81 to a high of 75.65. The Industrial Products industry median Days Payable is 78.05. Kao Fong Machinery Co's value of 62.63 is 19.8% below this industry median. Based on the distribution chart, Kao Fong Machinery Co ranks #1646 out of 2992 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kao Fong Machinery Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kao Fong Machinery Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kao Fong Machinery Co ranks #1646 out of 2992 companies for Days Payable. This places Kao Fong Machinery Co in the lower half of its industry. The industry median Days Payable is 78.05. Kao Fong Machinery Co's value of 62.63 is 19.8% below this benchmark. Historically, Kao Fong Machinery Co's own Days Payable has ranged from 48.81 to 75.65 over the past decade. While the company's 10-year median is 68.47 vs. the industry median of 78.05, Kao Fong Machinery 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,992 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. Kao Fong Machinery Co's current Days Payable of 62.63 is 19.8% 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 Kao Fong Machinery Co 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. Kao Fong Machinery Co's current Days Payable is 62.63, which is near median its own 10-year median of 68.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Fong Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Kao Fong Machinery Co (ROCO:4510) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$30.75, compared to a current price of NT$41.75 — trading 35.8% above its estimated fair value. The current Days Payable is 62.63, which is near median its 10-year median of 68.47 and 19.8% below the Industrial Products industry median of 78.05. Kao Fong Machinery Co's overall GF Score™ is 53/100 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 Kao Fong Machinery Co (ROCO:4510), the current Days Payable is 62.63 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 Kao Fong Machinery Co (ROCO:4510) Overvalued in 2026?

Based on GuruFocus' analysis, Kao Fong Machinery Co stock appears to be overvalued. The current stock price of NT$41.75 is trading 35.8% above its estimated GF Value™ of NT$30.75. GuruFocus considers Kao Fong Machinery Co to be Significantly Overvalued.

Key valuation signals for ROCO:4510:

  • Days Payable: 62.63 (near median its 10-year median of 68.47)
  • GF Value™: NT$30.75 vs. price of NT$41.75 (35.8% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 19.8% below the Industrial Products median (#1646 of 2992)

No single metric tells the full story. See the ROCO:4510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kao Fong Machinery Co Business Description

Address No.16, Keya Road, Daya district, Taichung, TWN, 42881
Kao Fong Machinery Co Ltd is engaged in the manufacture and distribution of machine tools and machinery equipment in Taiwan. The products of the company consist of Double Column Machining Center, vertical machining centers, horizontal machining centers, numerical control milling machines, bridge machining centers, and other machinery.
53GF Score

Get the complete analysis for ROCO:4510

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

NT$41.75
Price
NT$30.75
GF Value