Provision Information Co (ROCO:6590) Days Payable: 12.57 (As of Dec. 2025) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6590 Provision Information Co Ltd ROCO:6590
82 GF Score
Price NT$67.60
GF Value NT$79.72
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Provision Information Co Days Payable?

Provision Information Co ROCO:6590 +0.90% 82 Days Payable is 12.57 as of Dec. 2025, which is 34% below its 10-year median of 18.95. GuruFocus rates ROCO:6590 with a GF Score™ of 82/100 and a GF Value™ of NT$79.72 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,603 Software companies, Provision Information Co ranks worse than 90.09% on this metric.

Provision Information Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$11.9 Mil. Provision Information Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$86.1 Mil. Hence, Provision Information Co's Days Payable for the three months ended in Dec. 2025 was 12.57.

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

ROCO:6590' s Days Payable Range Over the Past 10 Years
Min: 9.57   Med: 18.95   Max: 51.49
Current: 11.35

During the past 13 years, Provision Information Co's highest Days Payable was 51.49. The lowest was 9.57. And the median was 18.95.

ROCO:6590's Days Payable is ranked worse than
90.09% of 2603 companies
in the Software industry
Industry Median: 52.78 vs ROCO:6590: 11.35

Provision Information Co's Days Payable increased from Dec. 2024 (11.59) to Dec. 2025 (12.57). It may suggest that Provision Information Co delayed paying its suppliers.


Provision Information Co Days Payable Historical Data

* Premium members only.

The historical data trend for Provision Information 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.

Provision Information Co Days Payable Chart

Provision Information 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 9.57 9.92 11.34 19.22 18.39

Provision Information 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 11.59 13.43 5.01 7.48 12.57

ROCO:6590 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Provision Information 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.


Provision Information Co Days Payable vs Software Industry

For the Software industry and Technology sector, Provision Information Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Provision Information Co's Days Payable falls into.


ROCO:6590
82GF Score
Provision Information Co Ltd ROCO:6590
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Provision Information 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.

Provision Information 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
=( (20.161 + 14.619) / 2 ) / 345.173*365
=17.39 / 345.173*365
=18.39

Provision Information 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
=( (9.099 + 14.619) / 2 ) / 86.109*365 / 4
=11.859 / 86.109*365 / 4
=12.57

* 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 12.57 mean?
Provision Information Co (ROCO:6590) has a Days Payable of 12.57 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 Provision Information Co and its competitors. This is 34% below median its historical median of 18.95. Over the past decade, Provision Information Co's Days Payable has ranged from 9.57 to 51.49. According to the industry distribution chart, Provision Information Co ranks #2345 out of 2603 companies in the Software industry, placing it in the top 90.1%.
Is Provision Information Co's Days Payable too high?
Provision Information Co's current Days Payable of 12.57 is 34% below median its 10-year median of 18.95. Over the past 10 years, this metric has ranged from a low of 9.57 to a high of 51.49. The Software industry median Days Payable is 52.78. Provision Information Co's value of 12.57 is 76.2% below this industry median. Based on the distribution chart, Provision Information Co ranks #2345 out of 2603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Provision Information Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Provision Information Co's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Provision Information Co ranks #2345 out of 2603 companies for Days Payable. This places Provision Information Co in the lower half of its industry. The industry median Days Payable is 52.78. Provision Information Co's value of 12.57 is 76.2% below this benchmark. Historically, Provision Information Co's own Days Payable has ranged from 9.57 to 51.49 over the past decade. While the company's 10-year median is 18.95 vs. the industry median of 52.78, Provision Information 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. Provision Information Co's current Days Payable of 12.57 is 76.2% 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 Provision Information Co and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Provision Information Co's current Days Payable is 12.57, which is 34% below median its own 10-year median of 18.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provision Information Co stock overvalued right now?
Based on GuruFocus' analysis, Provision Information Co (ROCO:6590) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$79.72, compared to a current price of NT$67.60 — trading 15.2% below its estimated fair value. The current Days Payable is 12.57, which is 34% below median its 10-year median of 18.95 and 76.2% below the Software industry median of 52.78. Provision Information Co's overall GF Score™ is 82/100 with 1 warning sign 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 Provision Information Co (ROCO:6590), the current Days Payable is 12.57 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 Provision Information Co (ROCO:6590) Overvalued in 2026?

Based on GuruFocus' analysis, Provision Information Co stock appears to be undervalued. The current stock price of NT$67.60 is trading 15.2% below its estimated GF Value™ of NT$79.72. GuruFocus considers Provision Information Co to be Modestly Undervalued.

Key valuation signals for ROCO:6590:

  • Days Payable: 12.57 (34% below median its 10-year median of 18.95)
  • GF Value™: NT$79.72 vs. price of NT$67.60 (15.2% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 76.2% below the Software median (#2345 of 2603)

No single metric tells the full story. See the ROCO:6590 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Provision Information Co Business Description

Address No. 1, Guangfu South Road, 9F-2, Songshan District, Taipei, TWN
Provision Information Co Ltd provides software application solutions. The company offers Payment solutions, Financial application solutions, Security solutions, and Outsourcing services. It provides platform such as Linux, Unix, Windows, AS/400, Mainframe to mainly financial industry clients.
82GF Score

Get the complete analysis for ROCO:6590

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

NT$67.60
Price
NT$79.72
GF Value