Concrad International Securities Co (ROCO:5864) Days Payable: 24,027.88 (As of Dec. 2025) — 24% Above Median

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ROCO:5864 Concrad International Securities Co Ltd ROCO:5864
60 GF Score
Price NT$35.20
GF Value NT$10.46
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Concrad International Securities Co Days Payable?

Concrad International Securities Co ROCO:5864 -6.01% 60 Days Payable is 24,027.88 as of Dec. 2025, which is 24% above its 10-year median of 19,320.38. GuruFocus rates ROCO:5864 with a GF Score™ of 60/100 and a GF Value™ of NT$10.46 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 539 Capital Markets companies, Concrad International Securities Co ranks better than 98.52% on this metric.

Concrad International Securities Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,505.9 Mil. Concrad International Securities Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$5.7 Mil. Hence, Concrad International Securities Co's Days Payable for the three months ended in Dec. 2025 was 24,027.88.

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

ROCO:5864' s Days Payable Range Over the Past 10 Years
Min: 15051.25   Med: 19320.38   Max: 25277.99
Current: 24538.53

During the past 13 years, Concrad International Securities Co's highest Days Payable was 25277.99. The lowest was 15051.25. And the median was 19320.38.

ROCO:5864's Days Payable is ranked better than
98.52% of 539 companies
in the Capital Markets industry
Industry Median: 88.46 vs ROCO:5864: 24538.53

Concrad International Securities Co's Days Payable declined from Dec. 2024 (24,316.15) to Dec. 2025 (24,027.88). It may suggest that Concrad International Securities Co accelerated paying its suppliers.


Concrad International Securities Co Days Payable Related Terms


Concrad International Securities Co Days Payable Historical Data

* Premium members only.

The historical data trend for Concrad International Securities 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.

Concrad International Securities Co Days Payable Chart

Concrad International Securities 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 18,607.63 24,326.55 19,353.63 18,025.03 25,277.99

Concrad International Securities 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 24,316.15 26,495.72 27,711.96 20,956.21 24,027.88

ROCO:5864 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Concrad International Securities 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.


Concrad International Securities Co Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Concrad International Securities Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Concrad International Securities Co's Days Payable falls into.


ROCO:5864
60GF Score
Concrad International Securities Co Ltd ROCO:5864
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Concrad International Securities 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.

Concrad International Securities 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
=( (860.632 + 1650.546) / 2 ) / 18.13*365
=1255.589 / 18.13*365
=25,277.99

Concrad International Securities 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
=( (1361.3 + 1650.546) / 2 ) / 5.719*365 / 4
=1505.923 / 5.719*365 / 4
=24,027.88

* 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 24,027.88 mean?
Concrad International Securities Co (ROCO:5864) has a Days Payable of 24,027.88 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 Concrad International Securities Co and its competitors. This is 24% above median its historical median of 19,320.38. Over the past decade, Concrad International Securities Co's Days Payable has ranged from 15,051.25 to 25,277.99. According to the industry distribution chart, Concrad International Securities Co ranks #8 out of 539 companies in the Capital Markets industry, placing it in the top 1.5%.
Is Concrad International Securities Co's Days Payable too high?
Concrad International Securities Co's current Days Payable of 24,027.88 is 24% above median its 10-year median of 19,320.38. Over the past 10 years, this metric has ranged from a low of 15,051.25 to a high of 25,277.99. The Capital Markets industry median Days Payable is 88.46. Concrad International Securities Co's value of 24,027.88 is 27062.4% above this industry median. Based on the distribution chart, Concrad International Securities Co ranks #8 out of 539 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Concrad International Securities Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrad International Securities Co's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Concrad International Securities Co ranks #8 out of 539 companies for Days Payable. This places Concrad International Securities Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 88.46. Concrad International Securities Co's value of 24,027.88 is 27062.4% above this benchmark. Historically, Concrad International Securities Co's own Days Payable has ranged from 15,051.25 to 25,277.99 over the past decade. While the company's 10-year median is 19,320.38 vs. the industry median of 88.46, Concrad International Securities 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 539 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. Concrad International Securities Co's current Days Payable of 24,027.88 is 27062.4% 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 Concrad International Securities Co and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concrad International Securities Co's current Days Payable is 24,027.88, which is 24% above median its own 10-year median of 19,320.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrad International Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Concrad International Securities Co (ROCO:5864) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.46, compared to a current price of NT$35.20 — trading 236.5% above its estimated fair value. The current Days Payable is 24,027.88, which is 24% above median its 10-year median of 19,320.38 and 27062.4% above the Capital Markets industry median of 88.46. Concrad International Securities Co's overall GF Score™ is 60/100 with 7 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 Concrad International Securities Co (ROCO:5864), the current Days Payable is 24,027.88 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 Concrad International Securities Co (ROCO:5864) Overvalued in 2026?

Based on GuruFocus' analysis, Concrad International Securities Co stock appears to be overvalued. The current stock price of NT$35.20 is trading 236.5% above its estimated GF Value™ of NT$10.46. GuruFocus considers Concrad International Securities Co to be Significantly Overvalued.

Key valuation signals for ROCO:5864:

  • Days Payable: 24,027.88 (24% above median its 10-year median of 19,320.38)
  • GF Value™: NT$10.46 vs. price of NT$35.20 (236.5% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 27062.4% above the Capital Markets median (#8 of 539)

No single metric tells the full story. See the ROCO:5864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concrad International Securities Co Business Description

Address No.10, Section 3, Simen Road, North District, Tainan, TWN, 704004
Concrad International Securities Co Ltd is a comprehensive securities firm. It is involved in the following business activities: underwriting of marketable securities; trading of marketable securities on the account of its customers or its own on a centralized securities exchange market; trading of marketable securities at the company's branches; providing margin loan, short sale and refinancing services; futures trading on a proprietary basis; dealing in foreign marketable securities; securities business money lending; and providing other relevant services. The company's operating departments are Brokerage, Self-employed, which derives maximum revenue, Underwriting, and Other.
60GF Score

Get the complete analysis for ROCO:5864

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

NT$35.20
Price
NT$10.46
GF Value