OFCO Industrial (ROCO:5011) Days Payable: 46.48 (As of Dec. 2025) — 42% Above Median

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ROCO:5011 OFCO Industrial Corp ROCO:5011
52 GF Score
Price NT$19.30
GF Value NT$25.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is OFCO Industrial Days Payable?

OFCO Industrial ROCO:5011 -8.96% 52 Days Payable is 46.48 as of Dec. 2025, which is 42% above its 10-year median of 32.78. GuruFocus rates ROCO:5011 with a GF Score™ of 52/100 and a GF Value™ of NT$25.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, OFCO Industrial ranks worse than 79.27% on this metric.

OFCO Industrial's average Accounts Payable for the three months ended in Dec. 2025 was NT$549 Mil. OFCO Industrial's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,078 Mil. Hence, OFCO Industrial's Days Payable for the three months ended in Dec. 2025 was 46.48.

The historical rank and industry rank for OFCO Industrial's Days Payable or its related term are showing as below:

ROCO:5011' s Days Payable Range Over the Past 10 Years
Min: 20.52   Med: 32.78   Max: 64.19
Current: 38.88

During the past 13 years, OFCO Industrial's highest Days Payable was 64.19. The lowest was 20.52. And the median was 32.78.

ROCO:5011's Days Payable is ranked worse than
79.27% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:5011: 38.88

OFCO Industrial's Days Payable increased from Dec. 2024 (39.65) to Dec. 2025 (46.48). It may suggest that OFCO Industrial delayed paying its suppliers.


OFCO Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for OFCO Industrial'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.

OFCO Industrial Days Payable Chart

OFCO Industrial 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 35.74 31.70 53.61 64.19 39.38

OFCO Industrial 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 39.65 33.17 36.96 40.42 46.48

ROCO:5011 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, OFCO Industrial'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.


OFCO Industrial Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OFCO Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where OFCO Industrial's Days Payable falls into.


ROCO:5011
52GF Score
OFCO Industrial Corp ROCO:5011
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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OFCO Industrial 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.

OFCO Industrial'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
=( (586.734 + 541.193) / 2 ) / 5227.265*365
=563.9635 / 5227.265*365
=39.38

OFCO Industrial'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
=( (556.833 + 541.193) / 2 ) / 1077.843*365 / 4
=549.013 / 1077.843*365 / 4
=46.48

* 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 46.48 mean?
OFCO Industrial (ROCO:5011) has a Days Payable of 46.48 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 OFCO Industrial and its competitors. This is 42% above median its historical median of 32.78. Over the past decade, OFCO Industrial's Days Payable has ranged from 20.52 to 64.19. According to the industry distribution chart, OFCO Industrial ranks #2371 out of 2991 companies in the Industrial Products industry, placing it in the top 79.3%.
Is OFCO Industrial's Days Payable too high?
OFCO Industrial's current Days Payable of 46.48 is 42% above median its 10-year median of 32.78. Over the past 10 years, this metric has ranged from a low of 20.52 to a high of 64.19. The Industrial Products industry median Days Payable is 78.05. OFCO Industrial's value of 46.48 is 40.4% below this industry median. Based on the distribution chart, OFCO Industrial ranks #2371 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OFCO Industrial has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OFCO Industrial's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OFCO Industrial ranks #2371 out of 2991 companies for Days Payable. This places OFCO Industrial in the lower half of its industry. The industry median Days Payable is 78.05. OFCO Industrial's value of 46.48 is 40.4% below this benchmark. Historically, OFCO Industrial's own Days Payable has ranged from 20.52 to 64.19 over the past decade. While the company's 10-year median is 32.78 vs. the industry median of 78.05, OFCO Industrial 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. OFCO Industrial's current Days Payable of 46.48 is 40.4% 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 OFCO Industrial and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OFCO Industrial's current Days Payable is 46.48, which is 42% above median its own 10-year median of 32.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OFCO Industrial stock overvalued right now?
Based on GuruFocus' analysis, OFCO Industrial (ROCO:5011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.37, compared to a current price of NT$19.30 — trading 23.9% below its estimated fair value. The current Days Payable is 46.48, which is 42% above median its 10-year median of 32.78 and 40.4% below the Industrial Products industry median of 78.05. OFCO Industrial's overall GF Score™ is 52/100 with 5 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 OFCO Industrial (ROCO:5011), the current Days Payable is 46.48 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 OFCO Industrial (ROCO:5011) Overvalued in 2026?

Based on GuruFocus' analysis, OFCO Industrial stock appears to be undervalued. The current stock price of NT$19.30 is trading 23.9% below its estimated GF Value™ of NT$25.37. GuruFocus considers OFCO Industrial to be Modestly Undervalued.

Key valuation signals for ROCO:5011:

  • Days Payable: 46.48 (42% above median its 10-year median of 32.78)
  • GF Value™: NT$25.37 vs. price of NT$19.30 (23.9% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 40.4% below the Industrial Products median (#2371 of 2991)

No single metric tells the full story. See the ROCO:5011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OFCO Industrial Business Description

Address No. 299, Yulin Road, Qiaotou District, Kaohsiung, TWN, 825
OFCO Industrial Corp is engaged in the manufacture of fastener screws and related products, metal heat treatment OEM and trading. Its segments include Screws department, Transportation department, and Environmental Business department. Geographically, its operations are spread across Taiwan, Germany, USA, and Other Countries with majority of the revenue generating from Taiwan.
52GF Score

Get the complete analysis for ROCO:5011

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

NT$19.30
Price
NT$25.37
GF Value