Thai Kin Co (ROCO:6629) Days Payable: 26.48 (As of Dec. 2025) — 17% Above Median


ROCO:6629 Thai Kin Co Ltd ROCO:6629
92 GF Score
Price NT$108.00
GF Value NT$107.67
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai Kin Co Days Payable?

Thai Kin Co ROCO:6629 92 Days Payable is 26.48 as of Dec. 2025, which is 17% above its 10-year median of 22.59. GuruFocus rates ROCO:6629 with a GF Score™ of 92/100 and a GF Value™ of NT$107.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks worse than 95.41% on this metric.

Thai Kin Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$139 Mil. Thai Kin Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$478 Mil. Hence, Thai Kin Co's Days Payable for the three months ended in Dec. 2025 was 26.48.

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

ROCO:6629' s Days Payable Range Over the Past 10 Years
Min: 6.88   Med: 22.59   Max: 28.96
Current: 22.63

During the past 10 years, Thai Kin Co's highest Days Payable was 28.96. The lowest was 6.88. And the median was 22.59.

ROCO:6629's Days Payable is ranked worse than
95.41% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.75 vs ROCO:6629: 22.63

Thai Kin Co's Days Payable increased from Dec. 2024 (14.39) to Dec. 2025 (26.48). It may suggest that Thai Kin Co delayed paying its suppliers.


Thai Kin Co Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Kin 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.

Thai Kin Co Days Payable Chart

Thai Kin 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 24.48 16.68 26.61 23.24 28.96

Thai Kin 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 14.39 13.22 17.53 21.93 26.48

ROCO:6629 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.


Thai Kin Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Thai Kin Co's Days Payable falls into.


ROCO:6629
92GF Score
Thai Kin Co Ltd ROCO:6629
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Kin 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.

Thai Kin 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
=( (42.632 + 160.996) / 2 ) / 1283.071*365
=101.814 / 1283.071*365
=28.96

Thai Kin 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
=( (116.124 + 160.996) / 2 ) / 477.501*365 / 4
=138.56 / 477.501*365 / 4
=26.48

* 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 26.48 mean?
Thai Kin Co (ROCO:6629) has a Days Payable of 26.48 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 Thai Kin Co and its competitors. This is 17% above median its historical median of 22.59. Over the past decade, Thai Kin Co's Days Payable has ranged from 6.88 to 28.96. According to the industry distribution chart, Thai Kin Co ranks #395 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 95.4%.
Is Thai Kin Co's Days Payable too high?
Thai Kin Co's current Days Payable of 26.48 is 17% above median its 10-year median of 22.59. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 28.96. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Thai Kin Co's value of 26.48 is 58.5% below this industry median. Based on the distribution chart, Thai Kin Co ranks #395 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Thai Kin Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #395 out of 414 companies for Days Payable. This places Thai Kin Co in the lower half of its industry. The industry median Days Payable is 63.75. Thai Kin Co's value of 26.48 is 58.5% below this benchmark. Historically, Thai Kin Co's own Days Payable has ranged from 6.88 to 28.96 over the past decade. While the company's 10-year median is 22.59 vs. the industry median of 63.75, Thai Kin 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 414 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. Thai Kin Co's current Days Payable of 26.48 is 58.5% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current Days Payable is 26.48, which is 17% above median its own 10-year median of 22.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Fairly Valued. The stock's GF Value™ is NT$107.67, compared to a current price of NT$108.00 — trading 0.3% above its estimated fair value. The current Days Payable is 26.48, which is 17% above median its 10-year median of 22.59 and 58.5% below the Furnishings, Fixtures & Appliances industry median of 63.75. Thai Kin Co's overall GF Score™ is 92/100 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 Thai Kin Co (ROCO:6629), the current Days Payable is 26.48 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be overvalued. The current stock price of NT$108.00 is trading 0.3% above its estimated GF Value™ of NT$107.67. GuruFocus considers Thai Kin Co to be Fairly Valued.

Key valuation signals for ROCO:6629:

  • Days Payable: 26.48 (17% above median its 10-year median of 22.59)
  • GF Value™: NT$107.67 vs. price of NT$108.00 (0.3% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 58.5% below the Furnishings, Fixtures & Appliances median (#395 of 414)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
92GF Score

Get the complete analysis for ROCO:6629

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

NT$108.00
Price
NT$107.67
GF Value