Golden Insurance Brokers Co (ROCO:6028) Days Payable: 30.30 (As of Dec. 2025) — 37% Below Median

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ROCO:6028 Golden Insurance Brokers Co Ltd ROCO:6028
84 GF Score
Price NT$79.30
GF Value NT$137.47
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Golden Insurance Brokers Co Days Payable?

Golden Insurance Brokers Co ROCO:6028 +0.13% 84 Days Payable is 30.30 as of Dec. 2025, which is 37% below its 10-year median of 48.01. GuruFocus rates ROCO:6028 with a GF Score™ of 84/100 and a GF Value™ of NT$137.47 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 56 Insurance companies, Golden Insurance Brokers Co ranks better than 51.79% on this metric.

Golden Insurance Brokers Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$338 Mil. Golden Insurance Brokers Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,019 Mil. Hence, Golden Insurance Brokers Co's Days Payable for the three months ended in Dec. 2025 was 30.30.

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

ROCO:6028' s Days Payable Range Over the Past 10 Years
Min: 33.15   Med: 48.01   Max: 62.69
Current: 62.69

During the past 12 years, Golden Insurance Brokers Co's highest Days Payable was 62.69. The lowest was 33.15. And the median was 48.01.

ROCO:6028's Days Payable is ranked better than
51.79% of 56 companies
in the Insurance industry
Industry Median: 58.52 vs ROCO:6028: 62.69

Golden Insurance Brokers Co's Days Payable declined from Sep. 2024 (35.14) to Dec. 2025 (30.30). It may suggest that Golden Insurance Brokers Co accelerated paying its suppliers.


Golden Insurance Brokers Co Days Payable Historical Data

* Premium members only.

The historical data trend for Golden Insurance Brokers 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.

Golden Insurance Brokers Co Days Payable Chart

Golden Insurance Brokers 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 48.96 47.19 40.21 34.47 33.15

Golden Insurance Brokers Co Quarterly Data
Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 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 35.14 32.24 0.00 29.76 30.30

ROCO:6028 vs MRSH, AON, AJG: Days Payable Comparison

For the Insurance Brokers subindustry, Golden Insurance Brokers 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.


Golden Insurance Brokers Co Days Payable vs Insurance Industry

For the Insurance industry and Financial Services sector, Golden Insurance Brokers Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden Insurance Brokers Co's Days Payable falls into.


ROCO:6028
84GF Score
Golden Insurance Brokers Co Ltd ROCO:6028
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Insurance Brokers 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.

Golden Insurance Brokers 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
=( (380.158 + 352.559) / 2 ) / 4034.146*365
=366.3585 / 4034.146*365
=33.15

Golden Insurance Brokers 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
=( (324.336 + 352.559) / 2 ) / 1019.237*365 / 4
=338.4475 / 1019.237*365 / 4
=30.30

* 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 30.30 mean?
Golden Insurance Brokers Co (ROCO:6028) has a Days Payable of 30.30 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 Golden Insurance Brokers Co and its competitors. This is 37% below median its historical median of 48.01. Over the past decade, Golden Insurance Brokers Co's Days Payable has ranged from 33.15 to 62.69. According to the industry distribution chart, Golden Insurance Brokers Co ranks #27 out of 56 companies in the Insurance industry, placing it in the top 48.2%.
Is Golden Insurance Brokers Co's Days Payable too high?
Golden Insurance Brokers Co's current Days Payable of 30.30 is 37% below median its 10-year median of 48.01. Over the past 10 years, this metric has ranged from a low of 33.15 to a high of 62.69. The Insurance industry median Days Payable is 58.52. Golden Insurance Brokers Co's value of 30.30 is 48.2% below this industry median. Based on the distribution chart, Golden Insurance Brokers Co ranks #27 out of 56 companies in the Insurance industry, which is above the industry midpoint. Overall, Golden Insurance Brokers Co has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Insurance Brokers Co's Days Payable compare to MRSH and AON?
According to the Insurance industry distribution chart, Golden Insurance Brokers Co ranks #27 out of 56 companies for Days Payable. This puts Golden Insurance Brokers Co in the upper half of its industry. The industry median Days Payable is 58.52. Golden Insurance Brokers Co's value of 30.30 is 48.2% below this benchmark. Historically, Golden Insurance Brokers Co's own Days Payable has ranged from 33.15 to 62.69 over the past decade. While the company's 10-year median is 48.01 vs. the industry median of 58.52, Golden Insurance Brokers 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 an Insurance company?
The median Days Payable among Insurance companies is 58.52, based on 56 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. Golden Insurance Brokers Co's current Days Payable of 30.30 is 48.2% 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 Golden Insurance Brokers Co and its competitors. For the Insurance industry, the median Days Payable is 58.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Insurance Brokers Co's current Days Payable is 30.30, which is 37% below median its own 10-year median of 48.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Insurance Brokers Co stock overvalued right now?
Based on GuruFocus' analysis, Golden Insurance Brokers Co (ROCO:6028) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$137.47, compared to a current price of NT$79.30 — trading 42.3% below its estimated fair value. The current Days Payable is 30.30, which is 37% below median its 10-year median of 48.01 and 48.2% below the Insurance industry median of 58.52. Golden Insurance Brokers Co's overall GF Score™ is 84/100 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 Golden Insurance Brokers Co (ROCO:6028), the current Days Payable is 30.30 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 Golden Insurance Brokers Co (ROCO:6028) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Insurance Brokers Co stock appears to be undervalued. The current stock price of NT$79.30 is trading 42.3% below its estimated GF Value™ of NT$137.47. GuruFocus considers Golden Insurance Brokers Co to be Significantly Undervalued.

Key valuation signals for ROCO:6028:

  • Days Payable: 30.30 (37% below median its 10-year median of 48.01)
  • GF Value™: NT$137.47 vs. price of NT$79.30 (42.3% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 48.2% below the Insurance median (#27 of 56)

No single metric tells the full story. See the ROCO:6028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Insurance Brokers Co Business Description

Address Dashun 1st Road, Zuoying District, Room. 4, 4th Floor, Number 93, Kaohsiung, TWN, 813
Golden Insurance Brokers Co Ltd is an Insurance Broker based in Taiwan. The company is involved in providing Life Insurance, Medical Insurance, Savings Insurance and Investment Insurance among others.
84GF Score

Get the complete analysis for ROCO:6028

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

NT$79.30
Price
NT$137.47
GF Value