Cgs International (ROCO:5310) Days Payable: 29.13 (As of Dec. 2025) — 32% Below Median

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ROCO:5310 Cgs International Inc ROCO:5310
36 GF Score
Price NT$25.25
GF Value NT$4.58
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cgs International Days Payable?

Cgs International ROCO:5310 36 Days Payable is 29.13 as of Dec. 2025, which is 32% below its 10-year median of 43.01. GuruFocus rates ROCO:5310 with a GF Score™ of 36/100 and a GF Value™ of NT$4.58 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,443 Hardware companies, Cgs International ranks worse than 95.13% on this metric.

Cgs International's average Accounts Payable for the three months ended in Dec. 2025 was NT$0.03 Mil. Cgs International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$0.08 Mil. Hence, Cgs International's Days Payable for the three months ended in Dec. 2025 was 29.13.

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

ROCO:5310' s Days Payable Range Over the Past 10 Years
Min: 2.38   Med: 43.01   Max: 86.36
Current: 18.58

During the past 13 years, Cgs International's highest Days Payable was 86.36. The lowest was 2.38. And the median was 43.01.

ROCO:5310's Days Payable is ranked worse than
95.13% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:5310: 18.58

Cgs International's Days Payable increased from Dec. 2024 (8.06) to Dec. 2025 (29.13). It may suggest that Cgs International delayed paying its suppliers.


Cgs International Days Payable Historical Data

* Premium members only.

The historical data trend for Cgs 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.

Cgs International Days Payable Chart

Cgs 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 12.75 8.75 2.38 20.01 10.29

Cgs 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 8.06 36.05 17.07 17.28 29.13

ROCO:5310 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Cgs 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.


Cgs International Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Cgs International's Days Payable distribution charts can be found below:

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


ROCO:5310
36GF Score
Cgs International Inc ROCO:5310
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cgs 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.

Cgs 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
=( (0.034 + 0.007) / 2 ) / 0.727*365
=0.0205 / 0.727*365
=10.29

Cgs 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
=( (0.046 + 0.007) / 2 ) / 0.083*365 / 4
=0.0265 / 0.083*365 / 4
=29.13

* 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 29.13 mean?
Cgs International (ROCO:5310) has a Days Payable of 29.13 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 Cgs International and its competitors. This is 32% below median its historical median of 43.01. Over the past decade, Cgs International's Days Payable has ranged from 2.38 to 86.36. According to the industry distribution chart, Cgs International ranks #2324 out of 2443 companies in the Hardware industry, placing it in the top 95.1%.
Is Cgs International's Days Payable too high?
Cgs International's current Days Payable of 29.13 is 32% below median its 10-year median of 43.01. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 86.36. The Hardware industry median Days Payable is 69.89. Cgs International's value of 29.13 is 58.3% below this industry median. Based on the distribution chart, Cgs International ranks #2324 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cgs International has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cgs International's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Cgs International ranks #2324 out of 2443 companies for Days Payable. This places Cgs International in the lower half of its industry. The industry median Days Payable is 69.89. Cgs International's value of 29.13 is 58.3% below this benchmark. Historically, Cgs International's own Days Payable has ranged from 2.38 to 86.36 over the past decade. While the company's 10-year median is 43.01 vs. the industry median of 69.89, Cgs 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. Cgs International's current Days Payable of 29.13 is 58.3% 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 Cgs International and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cgs International's current Days Payable is 29.13, which is 32% below median its own 10-year median of 43.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cgs International stock overvalued right now?
Based on GuruFocus' analysis, Cgs International (ROCO:5310) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.58, compared to a current price of NT$25.25 — trading 451.3% above its estimated fair value. The current Days Payable is 29.13, which is 32% below median its 10-year median of 43.01 and 58.3% below the Hardware industry median of 69.89. Cgs International's overall GF Score™ is 36/100 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 Cgs International (ROCO:5310), the current Days Payable is 29.13 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 Cgs International (ROCO:5310) Overvalued in 2026?

Based on GuruFocus' analysis, Cgs International stock appears to be overvalued. The current stock price of NT$25.25 is trading 451.3% above its estimated GF Value™ of NT$4.58. GuruFocus considers Cgs International to be Significantly Overvalued.

Key valuation signals for ROCO:5310:

  • Days Payable: 29.13 (32% below median its 10-year median of 43.01)
  • GF Value™: NT$4.58 vs. price of NT$25.25 (451.3% above fair value)
  • GF Score™: 36/100 with 3 warning signs
  • Industry Position: 58.3% below the Hardware median (#2324 of 2443)

No single metric tells the full story. See the ROCO:5310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cgs International Business Description

Address No. 81, Chengde Road, 8th Floor, Section 2, Datong District, Taipei, TWN
Cgs International Inc designs, manufactures, and markets computer connection cards as well as computer peripheral equipment. The company also provides system integration and maintenance services. It also sells and develops game software and offers consulting services.
36GF Score

Get the complete analysis for ROCO:5310

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

NT$25.25
Price
NT$4.58
GF Value