Chang Jia M&E Engineering (ROCO:4550) Days Payable: 59.39 (As of Dec. 2025) — 51% Below Median


ROCO:4550 Chang Jia M&E Engineering Corp ROCO:4550
58 GF Score
Price NT$25.55
GF Value NT$17.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Chang Jia M&E Engineering Days Payable?

Chang Jia M&E Engineering ROCO:4550 +1.79% 58 Days Payable is 59.39 as of Dec. 2025, which is 51% below its 10-year median of 120.77. GuruFocus rates ROCO:4550 with a GF Score™ of 58/100 and a GF Value™ of NT$17.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,711 Construction companies, Chang Jia M&E Engineering ranks better than 54.18% on this metric.

Chang Jia M&E Engineering's average Accounts Payable for the three months ended in Dec. 2025 was NT$184.0 Mil. Chang Jia M&E Engineering's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$282.7 Mil. Hence, Chang Jia M&E Engineering's Days Payable for the three months ended in Dec. 2025 was 59.39.

The historical rank and industry rank for Chang Jia M&E Engineering's Days Payable or its related term are showing as below:

ROCO:4550' s Days Payable Range Over the Past 10 Years
Min: 65.05   Med: 120.77   Max: 175.9
Current: 84.06

During the past 13 years, Chang Jia M&E Engineering's highest Days Payable was 175.90. The lowest was 65.05. And the median was 120.77.

ROCO:4550's Days Payable is ranked better than
54.18% of 1711 companies
in the Construction industry
Industry Median: 76.6 vs ROCO:4550: 84.06

Chang Jia M&E Engineering's Days Payable declined from Dec. 2024 (102.64) to Dec. 2025 (59.39). It may suggest that Chang Jia M&E Engineering accelerated paying its suppliers.


Chang Jia M&E Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Chang Jia M&E Engineering'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.

Chang Jia M&E Engineering Days Payable Chart

Chang Jia M&E Engineering 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 128.33 132.42 65.05 74.48 97.43

Chang Jia M&E Engineering 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 102.64 98.55 87.19 93.00 59.39

ROCO:4550 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Chang Jia M&E Engineering'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.


Chang Jia M&E Engineering Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Chang Jia M&E Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Chang Jia M&E Engineering's Days Payable falls into.


ROCO:4550
58GF Score
Chang Jia M&E Engineering Corp ROCO:4550
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chang Jia M&E Engineering 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.

Chang Jia M&E Engineering'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
=( (204.417 + 211.301) / 2 ) / 778.664*365
=207.859 / 778.664*365
=97.43

Chang Jia M&E Engineering'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
=( (156.732 + 211.301) / 2 ) / 282.742*365 / 4
=184.0165 / 282.742*365 / 4
=59.39

* 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 59.39 mean?
Chang Jia M&E Engineering (ROCO:4550) has a Days Payable of 59.39 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 Chang Jia M&E Engineering and its competitors. This is 51% below median its historical median of 120.77. Over the past decade, Chang Jia M&E Engineering's Days Payable has ranged from 65.05 to 175.90. According to the industry distribution chart, Chang Jia M&E Engineering ranks #784 out of 1711 companies in the Construction industry, placing it in the top 45.8%.
Is Chang Jia M&E Engineering's Days Payable too high?
Chang Jia M&E Engineering's current Days Payable of 59.39 is 51% below median its 10-year median of 120.77. Over the past 10 years, this metric has ranged from a low of 65.05 to a high of 175.90. The Construction industry median Days Payable is 76.60. Chang Jia M&E Engineering's value of 59.39 is 22.5% below this industry median. Based on the distribution chart, Chang Jia M&E Engineering ranks #784 out of 1711 companies in the Construction industry, which is above the industry midpoint. Overall, Chang Jia M&E Engineering has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Jia M&E Engineering's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Chang Jia M&E Engineering ranks #784 out of 1711 companies for Days Payable. This puts Chang Jia M&E Engineering in the upper half of its industry. The industry median Days Payable is 76.60. Chang Jia M&E Engineering's value of 59.39 is 22.5% below this benchmark. Historically, Chang Jia M&E Engineering's own Days Payable has ranged from 65.05 to 175.90 over the past decade. While the company's 10-year median is 120.77 vs. the industry median of 76.60, Chang Jia M&E Engineering 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,711 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. Chang Jia M&E Engineering's current Days Payable of 59.39 is 22.5% 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 Chang Jia M&E Engineering and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Jia M&E Engineering's current Days Payable is 59.39, which is 51% below median its own 10-year median of 120.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Jia M&E Engineering stock overvalued right now?
Based on GuruFocus' analysis, Chang Jia M&E Engineering (ROCO:4550) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.70, compared to a current price of NT$25.55 — trading 44.4% above its estimated fair value. The current Days Payable is 59.39, which is 51% below median its 10-year median of 120.77 and 22.5% below the Construction industry median of 76.60. Chang Jia M&E Engineering's overall GF Score™ is 58/100 with 4 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 Chang Jia M&E Engineering (ROCO:4550), the current Days Payable is 59.39 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 Chang Jia M&E Engineering (ROCO:4550) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Jia M&E Engineering stock appears to be overvalued. The current stock price of NT$25.55 is trading 44.4% above its estimated GF Value™ of NT$17.70. GuruFocus considers Chang Jia M&E Engineering to be Significantly Overvalued.

Key valuation signals for ROCO:4550:

  • Days Payable: 59.39 (51% below median its 10-year median of 120.77)
  • GF Value™: NT$17.70 vs. price of NT$25.55 (44.4% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 22.5% below the Construction median (#784 of 1711)

No single metric tells the full story. See the ROCO:4550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Jia M&E Engineering Business Description

Address Number 1, Lane 10, Jihu Road, 8th Floor, Neihu District, Taipei, TWN, 114
Chang Jia M&E Engineering Corp is a Taiwan-based company engaged in the planning, design and engineering contracting of electrical, drainage and air conditioning equipment for various commercial buildings and factories, as well as the operation of sports centers and the import and export of the above-mentioned equipment.
58GF Score

Get the complete analysis for ROCO:4550

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

NT$25.55
Price
NT$17.70
GF Value