Sincere Security (ROCO:6721) Days Payable: 4.48 (As of Mar. 2026) — 37% Below Median

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ROCO:6721 Sincere Security Corp Ltd ROCO:6721
90 GF Score
Price NT$52.00
GF Value NT$67.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Sincere Security Days Payable?

Sincere Security ROCO:6721 +1.17% 90 Days Payable is 4.48 as of Mar. 2026, which is 37% below its 10-year median of 7.08. GuruFocus rates ROCO:6721 with a GF Score™ of 90/100 and a GF Value™ of NT$67.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 949 Business Services companies, Sincere Security ranks worse than 93.36% on this metric.

Sincere Security's average Accounts Payable for the three months ended in Mar. 2026 was NT$43 Mil. Sincere Security's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$867 Mil. Hence, Sincere Security's Days Payable for the three months ended in Mar. 2026 was 4.48.

The historical rank and industry rank for Sincere Security's Days Payable or its related term are showing as below:

ROCO:6721' s Days Payable Range Over the Past 10 Years
Min: 4.41   Med: 7.08   Max: 9.79
Current: 4.41

During the past 9 years, Sincere Security's highest Days Payable was 9.79. The lowest was 4.41. And the median was 7.08.

ROCO:6721's Days Payable is ranked worse than
93.36% of 949 companies
in the Business Services industry
Industry Median: 46.31 vs ROCO:6721: 4.41

Sincere Security's Days Payable declined from Mar. 2025 (4.70) to Mar. 2026 (4.48). It may suggest that Sincere Security accelerated paying its suppliers.


Sincere Security Days Payable Historical Data

* Premium members only.

The historical data trend for Sincere Security'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.

Sincere Security Days Payable Chart

Sincere Security Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 6.72 7.68 7.44 6.14 5.04

Sincere Security Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.70 4.58 4.52 4.55 4.48

ROCO:6721 vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, Sincere Security'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.


Sincere Security Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Sincere Security's Days Payable distribution charts can be found below:

* The bar in red indicates where Sincere Security's Days Payable falls into.


ROCO:6721
90GF Score
Sincere Security Corp Ltd ROCO:6721
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Security 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.

Sincere Security'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
=( (45.515 + 49.458) / 2 ) / 3437.401*365
=47.4865 / 3437.401*365
=5.04

Sincere Security's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (49.458 + 35.612) / 2 ) / 867.295*365 / 4
=42.535 / 867.295*365 / 4
=4.48

* 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 4.48 mean?
Sincere Security (ROCO:6721) has a Days Payable of 4.48 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sincere Security and its competitors. This is 37% below median its historical median of 7.08. Over the past decade, Sincere Security's Days Payable has ranged from 4.41 to 9.79. According to the industry distribution chart, Sincere Security ranks #886 out of 949 companies in the Business Services industry, placing it in the top 93.4%.
Is Sincere Security's Days Payable too high?
Sincere Security's current Days Payable of 4.48 is 37% below median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 9.79. The Business Services industry median Days Payable is 46.31. Sincere Security's value of 4.48 is 90.3% below this industry median. Based on the distribution chart, Sincere Security ranks #886 out of 949 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Sincere Security has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Security's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Sincere Security ranks #886 out of 949 companies for Days Payable. This places Sincere Security in the lower half of its industry. The industry median Days Payable is 46.31. Sincere Security's value of 4.48 is 90.3% below this benchmark. Historically, Sincere Security's own Days Payable has ranged from 4.41 to 9.79 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 46.31, Sincere Security 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 Business Services company?
The median Days Payable among Business Services companies is 46.31, based on 949 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. Sincere Security's current Days Payable of 4.48 is 90.3% 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 Sincere Security and its competitors. For the Business Services industry, the median Days Payable is 46.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Security's current Days Payable is 4.48, which is 37% below median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Security stock overvalued right now?
Based on GuruFocus' analysis, Sincere Security (ROCO:6721) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$67.55, compared to a current price of NT$52.00 — trading 23% below its estimated fair value. The current Days Payable is 4.48, which is 37% below median its 10-year median of 7.08 and 90.3% below the Business Services industry median of 46.31. Sincere Security's overall GF Score™ is 90/100 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 Sincere Security (ROCO:6721), the current Days Payable is 4.48 as of Mar. 2026. 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 Sincere Security (ROCO:6721) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Security stock appears to be undervalued. The current stock price of NT$52.00 is trading 23% below its estimated GF Value™ of NT$67.55. GuruFocus considers Sincere Security to be Modestly Undervalued.

Key valuation signals for ROCO:6721:

  • Days Payable: 4.48 (37% below median its 10-year median of 7.08)
  • GF Value™: NT$67.55 vs. price of NT$52.00 (23% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 90.3% below the Business Services median (#886 of 949)

No single metric tells the full story. See the ROCO:6721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Security Business Description

Address Room 5, 2nd Floor, 201 Heping Street, Hsinchu County, Zhubei, TWN
Sincere Security Corp Ltd is a Taiwan based company involved in property management, cleaning services, mechanical and electrical air-conditioning maintenance and security monitoring. It provides services at science parks, hypermarkets, commercial buildings, schools, golf courses, villas and residential areas, and government units.
90GF Score

Get the complete analysis for ROCO:6721

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

NT$52.00
Price
NT$67.55
GF Value