Shihlin Development Co (ROCO:5324) Days Payable: 102.12 (As of Dec. 2025) — 11% Above Median


ROCO:5324 Shihlin Development Co Ltd ROCO:5324
55 GF Score
Price NT$12.05
GF Value NT$23.21
Valuation Possible Value Trap
! 8 Warning Signs
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What is Shihlin Development Co Days Payable?

Shihlin Development Co ROCO:5324 55 Days Payable is 102.12 as of Dec. 2025, which is 11% above its 10-year median of 92.07. GuruFocus rates ROCO:5324 with a GF Score™ of 55/100 and a GF Value™ of NT$23.21 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 780 Travel & Leisure companies, Shihlin Development Co ranks better than 86.28% on this metric.

Shihlin Development Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$398 Mil. Shihlin Development Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$356 Mil. Hence, Shihlin Development Co's Days Payable for the three months ended in Dec. 2025 was 102.12.

The historical rank and industry rank for Shihlin Development Co's Days Payable or its related term are showing as below:

ROCO:5324' s Days Payable Range Over the Past 10 Years
Min: 42.88   Med: 92.07   Max: 495.72
Current: 219.97

During the past 13 years, Shihlin Development Co's highest Days Payable was 495.72. The lowest was 42.88. And the median was 92.07.

ROCO:5324's Days Payable is ranked better than
86.28% of 780 companies
in the Travel & Leisure industry
Industry Median: 57.215 vs ROCO:5324: 219.97

Shihlin Development Co's Days Payable increased from Dec. 2024 (41.37) to Dec. 2025 (102.12). It may suggest that Shihlin Development Co delayed paying its suppliers.


Shihlin Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shihlin Development Co'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.

Shihlin Development Co Days Payable Chart

Shihlin Development Co 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 86.73 392.36 495.72 83.83 239.63

Shihlin Development Co 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 41.37 311.38 307.34 400.04 102.12

ROCO:5324 vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Shihlin Development Co'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.


Shihlin Development Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shihlin Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shihlin Development Co's Days Payable falls into.


ROCO:5324
55GF Score
Shihlin Development Co Ltd ROCO:5324
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shihlin Development Co 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.

Shihlin Development Co'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
=( (491.143 + 426.202) / 2 ) / 698.64*365
=458.6725 / 698.64*365
=239.63

Shihlin Development Co'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
=( (370.266 + 426.202) / 2 ) / 355.857*365 / 4
=398.234 / 355.857*365 / 4
=102.12

* 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 102.12 mean?
Shihlin Development Co (ROCO:5324) has a Days Payable of 102.12 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 Shihlin Development Co and its competitors. This is 11% above median its historical median of 92.07. Over the past decade, Shihlin Development Co's Days Payable has ranged from 42.88 to 495.72. According to the industry distribution chart, Shihlin Development Co ranks #107 out of 780 companies in the Travel & Leisure industry, placing it in the top 13.7%.
Is Shihlin Development Co's Days Payable too high?
Shihlin Development Co's current Days Payable of 102.12 is 11% above median its 10-year median of 92.07. Over the past 10 years, this metric has ranged from a low of 42.88 to a high of 495.72. The Travel & Leisure industry median Days Payable is 57.22. Shihlin Development Co's value of 102.12 is 78.5% above this industry median. Based on the distribution chart, Shihlin Development Co ranks #107 out of 780 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Shihlin Development Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shihlin Development Co's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shihlin Development Co ranks #107 out of 780 companies for Days Payable. This places Shihlin Development Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.22. Shihlin Development Co's value of 102.12 is 78.5% above this benchmark. Historically, Shihlin Development Co's own Days Payable has ranged from 42.88 to 495.72 over the past decade. While the company's 10-year median is 92.07 vs. the industry median of 57.22, Shihlin Development Co 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 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. Shihlin Development Co's current Days Payable of 102.12 is 78.5% 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 Shihlin Development Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Development Co's current Days Payable is 102.12, which is 11% above median its own 10-year median of 92.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Development Co (ROCO:5324) is currently considered Possible Value Trap. The stock's GF Value™ is NT$23.21, compared to a current price of NT$12.05 — trading 48.1% below its estimated fair value. The current Days Payable is 102.12, which is 11% above median its 10-year median of 92.07 and 78.5% above the Travel & Leisure industry median of 57.22. Shihlin Development Co's overall GF Score™ is 55/100 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 Shihlin Development Co (ROCO:5324), the current Days Payable is 102.12 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 Shihlin Development Co (ROCO:5324) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Development Co stock appears to be undervalued. The current stock price of NT$12.05 is trading 48.1% below its estimated GF Value™ of NT$23.21. GuruFocus considers Shihlin Development Co to be Possible Value Trap.

Key valuation signals for ROCO:5324:

  • Days Payable: 102.12 (11% above median its 10-year median of 92.07)
  • GF Value™: NT$23.21 vs. price of NT$12.05 (48.1% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 78.5% above the Travel & Leisure median (#107 of 780)

No single metric tells the full story. See the ROCO:5324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Development Co Business Description

Address Zhongshan North Road, 8th floor, Number 90, Section 6, Taipei, TWN, 111
Shihlin Development Co Ltd is engaged in the manufacturing and sales of small signal transistors, power transistors, and integrated circuits. The company has three reportable segments: the Construction and Development, the Leisure and Recreation, and the Catering and Hotel segments. The construction and development segment engages in the construction of commercial buildings, sales and leasing of residences, and real estate development. The leisure and recreation segment engages in the development of clubs and specific areas. The catering and hotel segment engages in the catering and hotel room business. It derives majority of the revenue from Catering and Hotel segment.
55GF Score

Get the complete analysis for ROCO:5324

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

NT$12.05
Price
NT$23.21
GF Value