Mechema Chemicals International (ROCO:4721) Days Payable: 15.98 (As of Dec. 2025) — 124% Above Median

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ROCO:4721 Mechema Chemicals International Corp ROCO:4721
70 GF Score
Price NT$71.20
GF Value NT$85.94
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mechema Chemicals International Days Payable?

Mechema Chemicals International ROCO:4721 -0.97% 70 Days Payable is 15.98 as of Dec. 2025, which is 124% above its 10-year median of 7.13. GuruFocus rates ROCO:4721 with a GF Score™ of 70/100 and a GF Value™ of NT$85.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,554 Chemicals companies, Mechema Chemicals International ranks worse than 96.2% on this metric.

Mechema Chemicals International's average Accounts Payable for the three months ended in Dec. 2025 was NT$68 Mil. Mechema Chemicals International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$386 Mil. Hence, Mechema Chemicals International's Days Payable for the three months ended in Dec. 2025 was 15.98.

The historical rank and industry rank for Mechema Chemicals International's Days Payable or its related term are showing as below:

ROCO:4721' s Days Payable Range Over the Past 10 Years
Min: 3.86   Med: 7.13   Max: 10.88
Current: 10.88

During the past 13 years, Mechema Chemicals International's highest Days Payable was 10.88. The lowest was 3.86. And the median was 7.13.

ROCO:4721's Days Payable is ranked worse than
96.2% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs ROCO:4721: 10.88

Mechema Chemicals International's Days Payable increased from Dec. 2024 (8.00) to Dec. 2025 (15.98). It may suggest that Mechema Chemicals International delayed paying its suppliers.


Mechema Chemicals International Days Payable Related Terms


Mechema Chemicals International Days Payable Historical Data

* Premium members only.

The historical data trend for Mechema Chemicals International'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.

Mechema Chemicals International Days Payable Chart

Mechema Chemicals International 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 5.84 3.86 7.29 8.10 6.96

Mechema Chemicals International 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 8.00 10.75 7.43 17.86 15.98

ROCO:4721 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Mechema Chemicals International'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.


Mechema Chemicals International Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mechema Chemicals International's Days Payable distribution charts can be found below:

* The bar in red indicates where Mechema Chemicals International's Days Payable falls into.


ROCO:4721
70GF Score
Mechema Chemicals International Corp ROCO:4721
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mechema Chemicals International 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.

Mechema Chemicals International'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
=( (32.6 + 46.285) / 2 ) / 2067.562*365
=39.4425 / 2067.562*365
=6.96

Mechema Chemicals International'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
=( (88.803 + 46.285) / 2 ) / 385.589*365 / 4
=67.544 / 385.589*365 / 4
=15.98

* 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 15.98 mean?
Mechema Chemicals International (ROCO:4721) has a Days Payable of 15.98 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 Mechema Chemicals International and its competitors. This is 124% above median its historical median of 7.13. Over the past decade, Mechema Chemicals International's Days Payable has ranged from 3.86 to 10.88. According to the industry distribution chart, Mechema Chemicals International ranks #1495 out of 1554 companies in the Chemicals industry, placing it in the top 96.2%.
Is Mechema Chemicals International's Days Payable too high?
Mechema Chemicals International's current Days Payable of 15.98 is 124% above median its 10-year median of 7.13. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 10.88. The Chemicals industry median Days Payable is 59.57. Mechema Chemicals International's value of 15.98 is 73.2% below this industry median. Based on the distribution chart, Mechema Chemicals International ranks #1495 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mechema Chemicals International has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mechema Chemicals International's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mechema Chemicals International ranks #1495 out of 1554 companies for Days Payable. This places Mechema Chemicals International in the lower half of its industry. The industry median Days Payable is 59.57. Mechema Chemicals International's value of 15.98 is 73.2% below this benchmark. Historically, Mechema Chemicals International's own Days Payable has ranged from 3.86 to 10.88 over the past decade. While the company's 10-year median is 7.13 vs. the industry median of 59.57, Mechema Chemicals International 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Mechema Chemicals International's current Days Payable of 15.98 is 73.2% 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 Mechema Chemicals International and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mechema Chemicals International's current Days Payable is 15.98, which is 124% above median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechema Chemicals International stock overvalued right now?
Based on GuruFocus' analysis, Mechema Chemicals International (ROCO:4721) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$85.94, compared to a current price of NT$71.20 — trading 17.2% below its estimated fair value. The current Days Payable is 15.98, which is 124% above median its 10-year median of 7.13 and 73.2% below the Chemicals industry median of 59.57. Mechema Chemicals International's overall GF Score™ is 70/100 with 3 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 Mechema Chemicals International (ROCO:4721), the current Days Payable is 15.98 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 Mechema Chemicals International (ROCO:4721) Overvalued in 2026?

Based on GuruFocus' analysis, Mechema Chemicals International stock appears to be undervalued. The current stock price of NT$71.20 is trading 17.2% below its estimated GF Value™ of NT$85.94. GuruFocus considers Mechema Chemicals International to be Modestly Undervalued.

Key valuation signals for ROCO:4721:

  • Days Payable: 15.98 (124% above median its 10-year median of 7.13)
  • GF Value™: NT$85.94 vs. price of NT$71.20 (17.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 73.2% below the Chemicals median (#1495 of 1554)

No single metric tells the full story. See the ROCO:4721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mechema Chemicals International Business Description

Address No. 1, Datong 1st Road, Guanyin District, Taoyuan, TWN, 32849
Mechema Chemicals International Corp is engaged in the manufacturing, distribution, sales, import, and export of cobalt and its compounds and manganese and its compounds. The segments of the company are the oxidation catalysts and the battery material department. Maximum revenue is derives from Battery Material Department. Geographically, it has a presence in Taiwan, China, Korea, Thailand, Malaysia, Indonesia, Japan, and Other regions.
70GF Score

Get the complete analysis for ROCO:4721

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

NT$71.20
Price
NT$85.94
GF Value