Hotel Royal Chihpen Spa Co (ROCO:5704) Days Payable: 13.98 (As of Dec. 2025) — 24% Below Median

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ROCO:5704 Hotel Royal Chihpen Spa Co Ltd ROCO:5704
71 GF Score
Price NT$21.50
GF Value NT$28.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hotel Royal Chihpen Spa Co Days Payable?

Hotel Royal Chihpen Spa Co ROCO:5704 -1.38% 71 Days Payable is 13.98 as of Dec. 2025, which is 24% below its 10-year median of 18.32. GuruFocus rates ROCO:5704 with a GF Score™ of 71/100 and a GF Value™ of NT$28.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 777 Travel & Leisure companies, Hotel Royal Chihpen Spa Co ranks worse than 90.73% on this metric.

Hotel Royal Chihpen Spa Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$9.1 Mil. Hotel Royal Chihpen Spa Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$59.5 Mil. Hence, Hotel Royal Chihpen Spa Co's Days Payable for the three months ended in Dec. 2025 was 13.98.

The historical rank and industry rank for Hotel Royal Chihpen Spa Co's Days Payable or its related term are showing as below:

ROCO:5704' s Days Payable Range Over the Past 10 Years
Min: 12.46   Med: 18.32   Max: 23.48
Current: 12.46

During the past 13 years, Hotel Royal Chihpen Spa Co's highest Days Payable was 23.48. The lowest was 12.46. And the median was 18.32.

ROCO:5704's Days Payable is ranked worse than
90.73% of 777 companies
in the Travel & Leisure industry
Industry Median: 57.32 vs ROCO:5704: 12.46

Hotel Royal Chihpen Spa Co's Days Payable declined from Dec. 2024 (19.24) to Dec. 2025 (13.98). It may suggest that Hotel Royal Chihpen Spa Co accelerated paying its suppliers.


Hotel Royal Chihpen Spa Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hotel Royal Chihpen Spa 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.

Hotel Royal Chihpen Spa Co Days Payable Chart

Hotel Royal Chihpen Spa 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 22.43 23.48 23.14 18.78 18.02

Hotel Royal Chihpen Spa 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 19.24 10.05 6.36 12.59 13.98

ROCO:5704 vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Hotel Royal Chihpen Spa 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.


Hotel Royal Chihpen Spa Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Royal Chihpen Spa Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hotel Royal Chihpen Spa Co's Days Payable falls into.


ROCO:5704
71GF Score
Hotel Royal Chihpen Spa Co Ltd ROCO:5704
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hotel Royal Chihpen Spa 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.

Hotel Royal Chihpen Spa 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
=( (9.307 + 10.077) / 2 ) / 196.345*365
=9.692 / 196.345*365
=18.02

Hotel Royal Chihpen Spa 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
=( (8.162 + 10.077) / 2 ) / 59.507*365 / 4
=9.1195 / 59.507*365 / 4
=13.98

* 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 13.98 mean?
Hotel Royal Chihpen Spa Co (ROCO:5704) has a Days Payable of 13.98 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 Hotel Royal Chihpen Spa Co and its competitors. This is 24% below median its historical median of 18.32. Over the past decade, Hotel Royal Chihpen Spa Co's Days Payable has ranged from 12.46 to 23.48. According to the industry distribution chart, Hotel Royal Chihpen Spa Co ranks #705 out of 777 companies in the Travel & Leisure industry, placing it in the top 90.7%.
Is Hotel Royal Chihpen Spa Co's Days Payable too high?
Hotel Royal Chihpen Spa Co's current Days Payable of 13.98 is 24% below median its 10-year median of 18.32. Over the past 10 years, this metric has ranged from a low of 12.46 to a high of 23.48. The Travel & Leisure industry median Days Payable is 57.32. Hotel Royal Chihpen Spa Co's value of 13.98 is 75.6% below this industry median. Based on the distribution chart, Hotel Royal Chihpen Spa Co ranks #705 out of 777 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hotel Royal Chihpen Spa Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hotel Royal Chihpen Spa Co's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hotel Royal Chihpen Spa Co ranks #705 out of 777 companies for Days Payable. This places Hotel Royal Chihpen Spa Co in the lower half of its industry. The industry median Days Payable is 57.32. Hotel Royal Chihpen Spa Co's value of 13.98 is 75.6% below this benchmark. Historically, Hotel Royal Chihpen Spa Co's own Days Payable has ranged from 12.46 to 23.48 over the past decade. While the company's 10-year median is 18.32 vs. the industry median of 57.32, Hotel Royal Chihpen Spa Co 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.32, based on 777 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. Hotel Royal Chihpen Spa Co's current Days Payable of 13.98 is 75.6% 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 Hotel Royal Chihpen Spa Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotel Royal Chihpen Spa Co's current Days Payable is 13.98, which is 24% below median its own 10-year median of 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotel Royal Chihpen Spa Co stock overvalued right now?
Based on GuruFocus' analysis, Hotel Royal Chihpen Spa Co (ROCO:5704) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$28.23, compared to a current price of NT$21.50 — trading 23.8% below its estimated fair value. The current Days Payable is 13.98, which is 24% below median its 10-year median of 18.32 and 75.6% below the Travel & Leisure industry median of 57.32. Hotel Royal Chihpen Spa Co's overall GF Score™ is 71/100 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 Hotel Royal Chihpen Spa Co (ROCO:5704), the current Days Payable is 13.98 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 Hotel Royal Chihpen Spa Co (ROCO:5704) Overvalued in 2026?

Based on GuruFocus' analysis, Hotel Royal Chihpen Spa Co stock appears to be undervalued. The current stock price of NT$21.50 is trading 23.8% below its estimated GF Value™ of NT$28.23. GuruFocus considers Hotel Royal Chihpen Spa Co to be Modestly Undervalued.

Key valuation signals for ROCO:5704:

  • Days Payable: 13.98 (24% below median its 10-year median of 18.32)
  • GF Value™: NT$28.23 vs. price of NT$21.50 (23.8% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 75.6% below the Travel & Leisure median (#705 of 777)

No single metric tells the full story. See the ROCO:5704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotel Royal Chihpen Spa Co Business Description

Address No.23, Lane 113, Long Chuien Road, Wen Chuien Village, Peinan Hsiang, Taitung, TWN, 954
Hotel Royal Chihpen Spa Co Ltd provides lodging and restaurant services in Taiwan. Its hotels and resorts include Hotel Royal Hsinchu, Hotel Royal Chihpen, Hotel Royal Chiaohsi, Hotel Royal-Nikko Taipei and Hotel Royal Beitou, among others.
71GF Score

Get the complete analysis for ROCO:5704

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

NT$21.50
Price
NT$28.23
GF Value