Golden Win International (ROCO:4950) Days Payable: 46.82 (As of Dec. 2025) — Near Median

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ROCO:4950 Golden Win International Corp ROCO:4950
56 GF Score
Price NT$16.00
GF Value NT$89.60
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Golden Win International Days Payable?

Golden Win International ROCO:4950 -3.03% 56 Days Payable is 46.82 as of Dec. 2025, which is 8% below its 10-year median of 51.11. GuruFocus rates ROCO:4950 with a GF Score™ of 56/100 and a GF Value™ of NT$89.60 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Golden Win International ranks worse than 79.33% on this metric.

Golden Win International's average Accounts Payable for the three months ended in Dec. 2025 was NT$106 Mil. Golden Win International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$206 Mil. Hence, Golden Win International's Days Payable for the three months ended in Dec. 2025 was 46.82.

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

ROCO:4950' s Days Payable Range Over the Past 10 Years
Min: 33.8   Med: 51.11   Max: 98.14
Current: 36.39

During the past 13 years, Golden Win International's highest Days Payable was 98.14. The lowest was 33.80. And the median was 51.11.

ROCO:4950's Days Payable is ranked worse than
79.33% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.855 vs ROCO:4950: 36.39

Golden Win International's Days Payable increased from Dec. 2024 (25.10) to Dec. 2025 (46.82). It may suggest that Golden Win International delayed paying its suppliers.


Golden Win International Days Payable Historical Data

* Premium members only.

The historical data trend for Golden Win 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.

Golden Win International Days Payable Chart

Golden Win 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 33.80 98.14 50.03 67.06 45.18

Golden Win 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 25.10 32.78 23.15 35.84 46.82

ROCO:4950 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Golden Win 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.


Golden Win International Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Golden Win International's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden Win International's Days Payable falls into.


ROCO:4950
56GF Score
Golden Win International Corp ROCO:4950
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Win 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.

Golden Win 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
=( (91.643 + 119.43) / 2 ) / 852.629*365
=105.5365 / 852.629*365
=45.18

Golden Win 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
=( (92.465 + 119.43) / 2 ) / 206.489*365 / 4
=105.9475 / 206.489*365 / 4
=46.82

* 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 46.82 mean?
Golden Win International (ROCO:4950) has a Days Payable of 46.82 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 Golden Win International and its competitors. This is near median its historical median of 51.11. Over the past decade, Golden Win International's Days Payable has ranged from 33.80 to 98.14. According to the industry distribution chart, Golden Win International ranks #330 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 79.3%.
Is Golden Win International's Days Payable too high?
Golden Win International's current Days Payable of 46.82 is near median its 10-year median of 51.11. Over the past 10 years, this metric has ranged from a low of 33.80 to a high of 98.14. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.86. Golden Win International's value of 46.82 is 26.7% below this industry median. Based on the distribution chart, Golden Win International ranks #330 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Golden Win International has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Win International's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Golden Win International ranks #330 out of 416 companies for Days Payable. This places Golden Win International in the lower half of its industry. The industry median Days Payable is 63.86. Golden Win International's value of 46.82 is 26.7% below this benchmark. Historically, Golden Win International's own Days Payable has ranged from 33.80 to 98.14 over the past decade. While the company's 10-year median is 51.11 vs. the industry median of 63.86, Golden Win 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.86, based on 416 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. Golden Win International's current Days Payable of 46.82 is 26.7% 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 Golden Win International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Win International's current Days Payable is 46.82, which is near median its own 10-year median of 51.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Win International stock overvalued right now?
Based on GuruFocus' analysis, Golden Win International (ROCO:4950) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$89.60, compared to a current price of NT$16.00 — trading 82.1% below its estimated fair value. The current Days Payable is 46.82, which is near median its 10-year median of 51.11 and 26.7% below the Furnishings, Fixtures & Appliances industry median of 63.86. Golden Win International's overall GF Score™ is 56/100 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 Golden Win International (ROCO:4950), the current Days Payable is 46.82 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 Golden Win International (ROCO:4950) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Win International stock appears to be undervalued. The current stock price of NT$16.00 is trading 82.1% below its estimated GF Value™ of NT$89.60. GuruFocus considers Golden Win International to be Significantly Undervalued.

Key valuation signals for ROCO:4950:

  • Days Payable: 46.82 (near median its 10-year median of 51.11)
  • GF Value™: NT$89.60 vs. price of NT$16.00 (82.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 26.7% below the Furnishings, Fixtures & Appliances median (#330 of 416)

No single metric tells the full story. See the ROCO:4950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Win International Business Description

Address Gong 2nd Road, No. 10, Liuying District, Tainan, TWN, 106
Golden Win International Corp Formerly Mutto Optronics Corp is engaged in the sales of steel cutlery and touch display panels with relevant parts and components, producing and supplying a wide array of metals such as stainless steel, bearing steel, high-speed steel, and non-ferrous alloys for industrial use.
56GF Score

Get the complete analysis for ROCO:4950

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

NT$16.00
Price
NT$89.60
GF Value