King Polytechnic Engineering Co (ROCO:6122) Days Payable: 52.00 (As of Dec. 2025) — 40% Above Median

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ROCO:6122 King Polytechnic Engineering Co Ltd ROCO:6122
84 GF Score
Price NT$50.70
GF Value NT$53.08
Valuation Fairly Valued
! 4 Warning Signs
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What is King Polytechnic Engineering Co Days Payable?

King Polytechnic Engineering Co ROCO:6122 +0.80% 84 Days Payable is 52.00 as of Dec. 2025, which is 40% above its 10-year median of 37.05. GuruFocus rates ROCO:6122 with a GF Score™ of 84/100 and a GF Value™ of NT$53.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, King Polytechnic Engineering Co ranks worse than 65.73% on this metric.

King Polytechnic Engineering Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$573 Mil. King Polytechnic Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,006 Mil. Hence, King Polytechnic Engineering Co's Days Payable for the three months ended in Dec. 2025 was 52.00.

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

ROCO:6122' s Days Payable Range Over the Past 10 Years
Min: 11.62   Med: 37.05   Max: 62.21
Current: 55.83

During the past 13 years, King Polytechnic Engineering Co's highest Days Payable was 62.21. The lowest was 11.62. And the median was 37.05.

ROCO:6122's Days Payable is ranked worse than
65.73% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs ROCO:6122: 55.83

King Polytechnic Engineering Co's Days Payable declined from Dec. 2024 (54.86) to Dec. 2025 (52.00). It may suggest that King Polytechnic Engineering Co accelerated paying its suppliers.


King Polytechnic Engineering Co Days Payable Related Terms


King Polytechnic Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for King Polytechnic Engineering 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.

King Polytechnic Engineering Co Days Payable Chart

King Polytechnic Engineering 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 55.55 62.21 39.33 61.61 58.43

King Polytechnic Engineering 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 54.86 61.24 49.92 58.90 52.00

ROCO:6122 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, King Polytechnic Engineering 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.


King Polytechnic Engineering Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, King Polytechnic Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where King Polytechnic Engineering Co's Days Payable falls into.


ROCO:6122
84GF Score
King Polytechnic Engineering Co Ltd ROCO:6122
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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King Polytechnic Engineering 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.

King Polytechnic Engineering 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
=( (592.561 + 551.756) / 2 ) / 3573.899*365
=572.1585 / 3573.899*365
=58.43

King Polytechnic Engineering 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
=( (595.003 + 551.756) / 2 ) / 1006.231*365 / 4
=573.3795 / 1006.231*365 / 4
=52.00

* 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 52.00 mean?
King Polytechnic Engineering Co (ROCO:6122) has a Days Payable of 52.00 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 King Polytechnic Engineering Co and its competitors. This is 40% above median its historical median of 37.05. Over the past decade, King Polytechnic Engineering Co's Days Payable has ranged from 11.62 to 62.21. According to the industry distribution chart, King Polytechnic Engineering Co ranks #1128 out of 1716 companies in the Construction industry, placing it in the top 65.7%.
Is King Polytechnic Engineering Co's Days Payable too high?
King Polytechnic Engineering Co's current Days Payable of 52.00 is 40% above median its 10-year median of 37.05. Over the past 10 years, this metric has ranged from a low of 11.62 to a high of 62.21. The Construction industry median Days Payable is 76.50. King Polytechnic Engineering Co's value of 52.00 is 32% below this industry median. Based on the distribution chart, King Polytechnic Engineering Co ranks #1128 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, King Polytechnic Engineering Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Polytechnic Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, King Polytechnic Engineering Co ranks #1128 out of 1716 companies for Days Payable. This places King Polytechnic Engineering Co in the lower half of its industry. The industry median Days Payable is 76.50. King Polytechnic Engineering Co's value of 52.00 is 32% below this benchmark. Historically, King Polytechnic Engineering Co's own Days Payable has ranged from 11.62 to 62.21 over the past decade. While the company's 10-year median is 37.05 vs. the industry median of 76.50, King Polytechnic Engineering 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. King Polytechnic Engineering Co's current Days Payable of 52.00 is 32% 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 King Polytechnic Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Polytechnic Engineering Co's current Days Payable is 52.00, which is 40% above median its own 10-year median of 37.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Polytechnic Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, King Polytechnic Engineering Co (ROCO:6122) is currently considered Fairly Valued. The stock's GF Value™ is NT$53.08, compared to a current price of NT$50.70 — trading 4.5% below its estimated fair value. The current Days Payable is 52.00, which is 40% above median its 10-year median of 37.05 and 32% below the Construction industry median of 76.50. King Polytechnic Engineering Co's overall GF Score™ is 84/100 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 King Polytechnic Engineering Co (ROCO:6122), the current Days Payable is 52.00 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 King Polytechnic Engineering Co (ROCO:6122) Overvalued in 2026?

Based on GuruFocus' analysis, King Polytechnic Engineering Co stock appears to be undervalued. The current stock price of NT$50.70 is trading 4.5% below its estimated GF Value™ of NT$53.08. GuruFocus considers King Polytechnic Engineering Co to be Fairly Valued.

Key valuation signals for ROCO:6122:

  • Days Payable: 52.00 (40% above median its 10-year median of 37.05)
  • GF Value™: NT$53.08 vs. price of NT$50.70 (4.5% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 32% below the Construction median (#1128 of 1716)

No single metric tells the full story. See the ROCO:6122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Polytechnic Engineering Co Business Description

Address Ruey Kuang Road, 5th Floor, No. 210, Neihu District, Taipei, TWN, 114
King Polytechnic Engineering Co Ltd is engaged in the design and installation of chemical machinery and sterile dust-free equipment, networking, investment, as well as production, sale, installation, and maintenance of high-tech purification equipment, civil construction, transportation and sale of sediments, trading in construction materials, development, leasing and sale of housing units and buildings, and others.
84GF Score

Get the complete analysis for ROCO:6122

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

NT$50.70
Price
NT$53.08
GF Value