Brave C&H Supply Co (ROCO:6538) Days Payable: 45.42 (As of Dec. 2025) — Near Median


ROCO:6538 Brave C&H Supply Co Ltd ROCO:6538
68 GF Score
Price NT$136.00
GF Value NT$78.33
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Brave C&H Supply Co Days Payable?

Brave C&H Supply Co ROCO:6538 68 Days Payable is 45.42 as of Dec. 2025, which is 6% above its 10-year median of 42.81. GuruFocus rates ROCO:6538 with a GF Score™ of 68/100 and a GF Value™ of NT$78.33 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,445 Hardware companies, Brave C&H Supply Co ranks worse than 84.01% on this metric.

Brave C&H Supply Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$100 Mil. Brave C&H Supply Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$201 Mil. Hence, Brave C&H Supply Co's Days Payable for the three months ended in Dec. 2025 was 45.42.

The historical rank and industry rank for Brave C&H Supply Co's Days Payable or its related term are showing as below:

ROCO:6538' s Days Payable Range Over the Past 10 Years
Min: 32.51   Med: 42.81   Max: 55.28
Current: 33.05

During the past 13 years, Brave C&H Supply Co's highest Days Payable was 55.28. The lowest was 32.51. And the median was 42.81.

ROCO:6538's Days Payable is ranked worse than
84.01% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:6538: 33.05

Brave C&H Supply Co's Days Payable increased from Dec. 2024 (28.24) to Dec. 2025 (45.42). It may suggest that Brave C&H Supply Co delayed paying its suppliers.


Brave C&H Supply Co Days Payable Historical Data

* Premium members only.

The historical data trend for Brave C&H Supply 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.

Brave C&H Supply Co Days Payable Chart

Brave C&H Supply 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 55.28 52.59 46.09 35.54 32.51

Brave C&H Supply 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 28.24 26.11 26.15 39.31 45.42

ROCO:6538 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Brave C&H Supply 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.


Brave C&H Supply Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Brave C&H Supply Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Brave C&H Supply Co's Days Payable falls into.


ROCO:6538
68GF Score
Brave C&H Supply Co Ltd ROCO:6538
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Brave C&H Supply 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.

Brave C&H Supply 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
=( (84.602 + 87.572) / 2 ) / 966.548*365
=86.087 / 966.548*365
=32.51

Brave C&H Supply 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
=( (112.691 + 87.572) / 2 ) / 201.174*365 / 4
=100.1315 / 201.174*365 / 4
=45.42

* 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 45.42 mean?
Brave C&H Supply Co (ROCO:6538) has a Days Payable of 45.42 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 Brave C&H Supply Co and its competitors. This is near median its historical median of 42.81. Over the past decade, Brave C&H Supply Co's Days Payable has ranged from 32.51 to 55.28. According to the industry distribution chart, Brave C&H Supply Co ranks #2054 out of 2445 companies in the Hardware industry, placing it in the top 84%.
Is Brave C&H Supply Co's Days Payable too high?
Brave C&H Supply Co's current Days Payable of 45.42 is near median its 10-year median of 42.81. Over the past 10 years, this metric has ranged from a low of 32.51 to a high of 55.28. The Hardware industry median Days Payable is 70.06. Brave C&H Supply Co's value of 45.42 is 35.2% below this industry median. Based on the distribution chart, Brave C&H Supply Co ranks #2054 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Brave C&H Supply Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brave C&H Supply Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Brave C&H Supply Co ranks #2054 out of 2445 companies for Days Payable. This places Brave C&H Supply Co in the lower half of its industry. The industry median Days Payable is 70.06. Brave C&H Supply Co's value of 45.42 is 35.2% below this benchmark. Historically, Brave C&H Supply Co's own Days Payable has ranged from 32.51 to 55.28 over the past decade. While the company's 10-year median is 42.81 vs. the industry median of 70.06, Brave C&H Supply 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 Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 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. Brave C&H Supply Co's current Days Payable of 45.42 is 35.2% 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 Brave C&H Supply Co and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brave C&H Supply Co's current Days Payable is 45.42, which is near median its own 10-year median of 42.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brave C&H Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Brave C&H Supply Co (ROCO:6538) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.33, compared to a current price of NT$136.00 — trading 73.6% above its estimated fair value. The current Days Payable is 45.42, which is near median its 10-year median of 42.81 and 35.2% below the Hardware industry median of 70.06. Brave C&H Supply Co's overall GF Score™ is 68/100 with 10 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 Brave C&H Supply Co (ROCO:6538), the current Days Payable is 45.42 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 Brave C&H Supply Co (ROCO:6538) Overvalued in 2026?

Based on GuruFocus' analysis, Brave C&H Supply Co stock appears to be overvalued. The current stock price of NT$136.00 is trading 73.6% above its estimated GF Value™ of NT$78.33. GuruFocus considers Brave C&H Supply Co to be Significantly Overvalued.

Key valuation signals for ROCO:6538:

  • Days Payable: 45.42 (near median its 10-year median of 42.81)
  • GF Value™: NT$78.33 vs. price of NT$136.00 (73.6% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 35.2% below the Hardware median (#2054 of 2445)

No single metric tells the full story. See the ROCO:6538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brave C&H Supply Co Business Description

Address No. 31, Lane 17, Ziqiang North Road, Guishan District, Taoyuan, TWN
Brave C&H Supply Co Ltd is engaged in the production and distribution of precision screens. The company offers products including precision screens, screen manufacturing, consumables, pad printing equipment and industrial filters, and belts.
68GF Score

Get the complete analysis for ROCO:6538

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

NT$136.00
Price
NT$78.33
GF Value