CTCI Advanced Systems (ROCO:5209) Days Payable: 153.61 (As of Mar. 2026) — 126% Above Median

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ROCO:5209 CTCI Advanced Systems Inc ROCO:5209
89 GF Score
Price NT$155.50
GF Value NT$145.61
Valuation Fairly Valued
! 4 Warning Signs
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What is CTCI Advanced Systems Days Payable?

CTCI Advanced Systems ROCO:5209 +0.32% 89 Days Payable is 153.61 as of Mar. 2026, which is 126% above its 10-year median of 67.90. GuruFocus rates ROCO:5209 with a GF Score™ of 89/100 and a GF Value™ of NT$145.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,610 Software companies, CTCI Advanced Systems ranks better than 66.48% on this metric.

CTCI Advanced Systems's average Accounts Payable for the three months ended in Mar. 2026 was NT$1,161 Mil. CTCI Advanced Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$690 Mil. Hence, CTCI Advanced Systems's Days Payable for the three months ended in Mar. 2026 was 153.61.

The historical rank and industry rank for CTCI Advanced Systems's Days Payable or its related term are showing as below:

ROCO:5209' s Days Payable Range Over the Past 10 Years
Min: 54.35   Med: 67.9   Max: 128.27
Current: 91.04

During the past 13 years, CTCI Advanced Systems's highest Days Payable was 128.27. The lowest was 54.35. And the median was 67.90.

ROCO:5209's Days Payable is ranked better than
66.48% of 2610 companies
in the Software industry
Industry Median: 52.78 vs ROCO:5209: 91.04

CTCI Advanced Systems's Days Payable increased from Mar. 2025 (99.26) to Mar. 2026 (153.61). It may suggest that CTCI Advanced Systems delayed paying its suppliers.


CTCI Advanced Systems Days Payable Historical Data

* Premium members only.

The historical data trend for CTCI Advanced Systems'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.

CTCI Advanced Systems Days Payable Chart

CTCI Advanced Systems 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 58.29 60.45 54.35 72.31 94.06

CTCI Advanced Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 99.26 88.69 78.59 73.98 153.61

ROCO:5209 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, CTCI Advanced Systems'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.


CTCI Advanced Systems Days Payable vs Software Industry

For the Software industry and Technology sector, CTCI Advanced Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where CTCI Advanced Systems's Days Payable falls into.


ROCO:5209
89GF Score
CTCI Advanced Systems Inc ROCO:5209
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CTCI Advanced Systems 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.

CTCI Advanced Systems'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
=( (1111.493 + 1289.943) / 2 ) / 4659.147*365
=1200.718 / 4659.147*365
=94.06

CTCI Advanced Systems's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1289.943 + 1032.031) / 2 ) / 689.671*365 / 4
=1160.987 / 689.671*365 / 4
=153.61

* 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 153.61 mean?
CTCI Advanced Systems (ROCO:5209) has a Days Payable of 153.61 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 CTCI Advanced Systems and its competitors. This is 126% above median its historical median of 67.90. Over the past decade, CTCI Advanced Systems' Days Payable has ranged from 54.35 to 128.27. According to the industry distribution chart, CTCI Advanced Systems ranks #875 out of 2610 companies in the Software industry, placing it in the top 33.5%.
Is CTCI Advanced Systems' Days Payable too high?
CTCI Advanced Systems' current Days Payable of 153.61 is 126% above median its 10-year median of 67.90. Over the past 10 years, this metric has ranged from a low of 54.35 to a high of 128.27. The Software industry median Days Payable is 52.78. CTCI Advanced Systems' value of 153.61 is 191% above this industry median. Based on the distribution chart, CTCI Advanced Systems ranks #875 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, CTCI Advanced Systems has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CTCI Advanced Systems' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, CTCI Advanced Systems ranks #875 out of 2610 companies for Days Payable. This puts CTCI Advanced Systems in the upper half of its industry. The industry median Days Payable is 52.78. CTCI Advanced Systems' value of 153.61 is 191% above this benchmark. Historically, CTCI Advanced Systems' own Days Payable has ranged from 54.35 to 128.27 over the past decade. While the company's 10-year median is 67.90 vs. the industry median of 52.78, CTCI Advanced Systems has consistently been above 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 2,610 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. CTCI Advanced Systems's current Days Payable of 153.61 is 191% above 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 CTCI Advanced Systems 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. CTCI Advanced Systems's current Days Payable is 153.61, which is 126% above median its own 10-year median of 67.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTCI Advanced Systems stock overvalued right now?
Based on GuruFocus' analysis, CTCI Advanced Systems (ROCO:5209) is currently considered Fairly Valued. The stock's GF Value™ is NT$145.61, compared to a current price of NT$155.50 — trading 6.8% above its estimated fair value. The current Days Payable is 153.61, which is 126% above median its 10-year median of 67.90 and 191% above the Software industry median of 52.78. CTCI Advanced Systems' overall GF Score™ is 89/100 with 4 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 CTCI Advanced Systems (ROCO:5209), the current Days Payable is 153.61 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 CTCI Advanced Systems (ROCO:5209) Overvalued in 2026?

Based on GuruFocus' analysis, CTCI Advanced Systems stock appears to be overvalued. The current stock price of NT$155.50 is trading 6.8% above its estimated GF Value™ of NT$145.61. GuruFocus considers CTCI Advanced Systems to be Fairly Valued.

Key valuation signals for ROCO:5209:

  • Days Payable: 153.61 (126% above median its 10-year median of 67.90)
  • GF Value™: NT$145.61 vs. price of NT$155.50 (6.8% above fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 191% above the Software median (#875 of 2610)

No single metric tells the full story. See the ROCO:5209 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTCI Advanced Systems Business Description

Address 16, Fushan Road, 11 Floor, Beitou District, Taipei, TWN, 112037
CTCI Advanced Systems Inc provides engineering research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware within computers and control systems, import and sales of computers software, hardware, and instruments. It also provides information software, data processing, digital information development and application services, providing energy technology and internet identification services, providing automation control, traffic tracking, communication engineering, safety equipment, piping engineering, mechatronics service, and consulting of engineering and management.
89GF Score

Get the complete analysis for ROCO:5209

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

NT$155.50
Price
NT$145.61
GF Value