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WITSROCO:4953 +3.31%82 Days Payable is 2.06 as of Dec. 2025, which is 81% below its 10-year median of 10.69. GuruFocus rates ROCO:4953 with a GF Score™ of 82/100 and a GF Value™ of NT$160.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,603 Software companies, WITS ranks worse than 98.23% on this metric.
WITS's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$62 Mil. WITS's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$2,734 Mil.
Hence, WITS's Days Payable for the
three
months ended in Dec. 2025 was 2.06.
The historical rank and industry rank for WITS's Days Payable or its related term are showing as below:
ROCO:4953'
s Days Payable Range Over the Past 10 Years
Min: 2.18 Med: 10.69 Max: 27.71
Current: 2.25
During the past 13 years, WITS's highest Days Payable was 27.71. The lowest was 2.18. And the median was 10.69.
ROCO:4953's Days Payable is ranked worse than 98.23% of 2603
companies
in the Software industry
Industry Median: 52.78
vs ROCO:4953: 2.25
WITS's Days Payable
declined
from Dec. 2024 (2.39) to Dec. 2025 (2.06).
It may suggest that WITSaccelerated paying its suppliers.
WITS Days Payable Related Terms
WITS Days Payable Historical Data
* Premium members only.
The historical data trend for WITS'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.
ROCO:4953 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, WITS'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.
WITS Days Payable vs Software Industry
For the Software industry and Technology sector, WITS's Days Payable distribution charts can be found below:
* The bar in red indicates where WITS's Days Payable falls into.
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.
WITS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
WITS (ROCO:4953) has a Days Payable of 2.06 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 WITS and its competitors. This is 81% below median its historical median of 10.69. Over the past decade, WITS's Days Payable has ranged from 2.18 to 27.71. According to the industry distribution chart, WITS ranks #2557 out of 2603 companies in the Software industry, placing it in the top 98.2%.
Is WITS's Days Payable too high?
WITS's current Days Payable of 2.06 is 81% below median its 10-year median of 10.69. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 27.71. The Software industry median Days Payable is 52.78. WITS's value of 2.06 is 96.1% below this industry median. Based on the distribution chart, WITS ranks #2557 out of 2603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, WITS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WITS's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, WITS ranks #2557 out of 2603 companies for Days Payable. This places WITS in the lower half of its industry. The industry median Days Payable is 52.78. WITS's value of 2.06 is 96.1% below this benchmark. Historically, WITS's own Days Payable has ranged from 2.18 to 27.71 over the past decade. While the company's 10-year median is 10.69 vs. the industry median of 52.78, WITS 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. WITS's current Days Payable of 2.06 is 96.1% 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 WITS and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WITS's current Days Payable is 2.06, which is 81% below median its own 10-year median of 10.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WITS stock overvalued right now?
Based on GuruFocus' analysis, WITS (ROCO:4953) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$160.45, compared to a current price of NT$125.00 — trading 22.1% below its estimated fair value. The current Days Payable is 2.06, which is 81% below median its 10-year median of 10.69 and 96.1% below the Software industry median of 52.78. WITS's overall GF Score™ is 82/100 with 2 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 WITS (ROCO:4953), the current Days Payable is 2.06 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 WITS (ROCO:4953) Overvalued in 2026?
Based on GuruFocus' analysis, WITS stock appears to be undervalued.
The current stock price of NT$125.00 is trading 22.1% below its estimated GF Value™ of NT$160.45.
GuruFocus considers WITS to be Modestly Undervalued.
Key valuation signals for ROCO:4953:
Days Payable: 2.06 (81% below median its 10-year median of 10.69)
GF Value™: NT$160.45 vs. price of NT$125.00 (22.1% below fair value)
Industry Position: 96.1% below the Software median (#2557 of 2603)
No single metric tells the full story. See the ROCO:4953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WITS Corp is engaged in the development and maintenance of IT systems, IT consulting, and outsourcing services. Its products and services include technical consulting services, information technology outsourcing, business process outsourcing, and product globalization services. Geographically, it has a business presence in China, Taiwan, Japan, and Other Countries. It derives majority revenue form China.
82GF Score
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