Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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:5009 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Gloria Material Technology'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.
Gloria Material Technology Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Gloria Material Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Gloria Material Technology's Days Payable falls into.
Gloria Material Technology 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.
* 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.
Gloria Material Technology (ROCO:5009) has a Days Payable of 18.58 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gloria Material Technology and its competitors. This is 20% below median its historical median of 23.17. Over the past decade, Gloria Material Technology's Days Payable has ranged from 17.91 to 29.34. According to the industry distribution chart, Gloria Material Technology ranks #479 out of 598 companies in the Steel industry, placing it in the top 80.1%.
Is Gloria Material Technology's Days Payable too high?
Gloria Material Technology's current Days Payable of 18.58 is 20% below median its 10-year median of 23.17. Over the past 10 years, this metric has ranged from a low of 17.91 to a high of 29.34. The Steel industry median Days Payable is 41.37. Gloria Material Technology's value of 18.58 is 55.1% below this industry median. Based on the distribution chart, Gloria Material Technology ranks #479 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Gloria Material Technology has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gloria Material Technology's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Gloria Material Technology ranks #479 out of 598 companies for Days Payable. This places Gloria Material Technology in the lower half of its industry. The industry median Days Payable is 41.37. Gloria Material Technology's value of 18.58 is 55.1% below this benchmark. Historically, Gloria Material Technology's own Days Payable has ranged from 17.91 to 29.34 over the past decade. While the company's 10-year median is 23.17 vs. the industry median of 41.37, Gloria Material Technology 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Gloria Material Technology's current Days Payable of 18.58 is 55.1% 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 Gloria Material Technology and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gloria Material Technology's current Days Payable is 18.58, which is 20% below median its own 10-year median of 23.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gloria Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Gloria Material Technology (ROCO:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$36.86, compared to a current price of NT$33.30 — trading 9.7% below its estimated fair value. The current Days Payable is 18.58, which is 20% below median its 10-year median of 23.17 and 55.1% below the Steel industry median of 41.37. Gloria Material Technology's overall GF Score™ is 69/100 with 8 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 Gloria Material Technology (ROCO:5009), the current Days Payable is 18.58 as of Mar. 2026. 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 Gloria Material Technology (ROCO:5009) Overvalued in 2026?
Based on GuruFocus' analysis, Gloria Material Technology stock appears to be undervalued.
The current stock price of NT$33.30 is trading 9.7% below its estimated GF Value™ of NT$36.86.
GuruFocus considers Gloria Material Technology to be Modestly Undervalued.
Key valuation signals for ROCO:5009:
Days Payable: 18.58 (20% below median its 10-year median of 23.17)
GF Value™: NT$36.86 vs. price of NT$33.30 (9.7% below fair value)
Industry Position: 55.1% below the Steel median (#479 of 598)
No single metric tells the full story. See the ROCO:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy, and the smelting of the raw materials of these products. It provides various quality materials such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials, and Quenched-Tempered Steel, and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include: Stainless steel, Alloy tool steel, alloy steel, carbon steel, and Super Alloy. The Group's reportable segments were as follows: The Company, Golden Win International Corp, Golden Win Steel Industrial Corp, All Win Enterprises Ltd, and others.
69GF Score
Get the complete analysis for ROCO:5009
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:5009 has been successfully added to your 
