91APP (ROCO:6741) Days Payable: 4.25 (As of Dec. 2025) — Near Median


ROCO:6741 91APP Inc ROCO:6741
86 GF Score
Price NT$60.20
GF Value NT$134.37
Valuation Significantly Undervalued
! 1 Warning Sign
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What is 91APP Days Payable?

91APP ROCO:6741 -0.17% 86 Days Payable is 4.25 as of Dec. 2025, which is 5% below its 10-year median of 4.47. GuruFocus rates ROCO:6741 with a GF Score™ of 86/100 and a GF Value™ of NT$134.37 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,598 Software companies, 91APP ranks worse than 96.46% on this metric.

91APP's average Accounts Payable for the three months ended in Dec. 2025 was NT$6 Mil. 91APP's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$122 Mil. Hence, 91APP's Days Payable for the three months ended in Dec. 2025 was 4.25.

The historical rank and industry rank for 91APP's Days Payable or its related term are showing as below:

ROCO:6741' s Days Payable Range Over the Past 10 Years
Min: 4.47   Med: 4.47   Max: 4.47
Current: 4.47

During the past 8 years, 91APP's highest Days Payable was 4.47. The lowest was 4.47. And the median was 4.47.

ROCO:6741's Days Payable is ranked worse than
96.46% of 2598 companies
in the Software industry
Industry Median: 53.675 vs ROCO:6741: 4.47

91APP's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (4.25). It may suggest that 91APP delayed paying its suppliers.


91APP Days Payable Historical Data

* Premium members only.

The historical data trend for 91APP'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.

91APP Days Payable Chart

91APP Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 4.47

91APP 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 0.00 0.00 0.00 0.00 4.25

ROCO:6741 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, 91APP'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.


91APP Days Payable vs Software Industry

For the Software industry and Technology sector, 91APP's Days Payable distribution charts can be found below:

* The bar in red indicates where 91APP's Days Payable falls into.


ROCO:6741
86GF Score
91APP Inc ROCO:6741
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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91APP 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.

91APP'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
=( (0 + 5.705) / 1 ) / 465.37*365
=5.705 / 465.37*365
=4.47

91APP'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
=( (0 + 5.705) / 1 ) / 122.48*365 / 4
=5.705 / 122.48*365 / 4
=4.25

* 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 4.25 mean?
91APP (ROCO:6741) has a Days Payable of 4.25 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 91APP and its competitors. This is near median its historical median of 4.47. Over the past decade, 91APP's Days Payable has ranged from 4.47 to 4.47. According to the industry distribution chart, 91APP ranks #2506 out of 2598 companies in the Software industry, placing it in the top 96.5%.
Is 91APP's Days Payable too high?
91APP's current Days Payable of 4.25 is near median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 4.47 to a high of 4.47. The Software industry median Days Payable is 53.68. 91APP's value of 4.25 is 92.1% below this industry median. Based on the distribution chart, 91APP ranks #2506 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, 91APP has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 91APP's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, 91APP ranks #2506 out of 2598 companies for Days Payable. This places 91APP in the lower half of its industry. The industry median Days Payable is 53.68. 91APP's value of 4.25 is 92.1% below this benchmark. Historically, 91APP's own Days Payable has ranged from 4.47 to 4.47 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 53.68, 91APP 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 53.68, based on 2,598 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. 91APP's current Days Payable of 4.25 is 92.1% 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 91APP and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 91APP's current Days Payable is 4.25, which is near median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 91APP stock overvalued right now?
Based on GuruFocus' analysis, 91APP (ROCO:6741) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$134.37, compared to a current price of NT$60.20 — trading 55.2% below its estimated fair value. The current Days Payable is 4.25, which is near median its 10-year median of 4.47 and 92.1% below the Software industry median of 53.68. 91APP's overall GF Score™ is 86/100 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 91APP (ROCO:6741), the current Days Payable is 4.25 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 91APP (ROCO:6741) Overvalued in 2026?

Based on GuruFocus' analysis, 91APP stock appears to be undervalued. The current stock price of NT$60.20 is trading 55.2% below its estimated GF Value™ of NT$134.37. GuruFocus considers 91APP to be Significantly Undervalued.

Key valuation signals for ROCO:6741:

  • Days Payable: 4.25 (near median its 10-year median of 4.47)
  • GF Value™: NT$134.37 vs. price of NT$60.20 (55.2% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 92.1% below the Software median (#2506 of 2598)

No single metric tells the full story. See the ROCO:6741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


91APP Business Description

Address Lane 768, Bade Road, 6th Floor, No. 5, Section 4, Nangang District, Taipei, TWN, 115
91APP Inc is mainly engaged in the general investment business, software design services and software retail, data processing services, information technology consultancy services, product design, wholesale of computer and business machinery equipment, and other related information technology businesses. It operates through the E-commerce software and marketing services segment, which generates maximum revenue, and the Restaurant software and consulting services segment, which provide e-commerce and digital marketing solutions and smart restaurant technology services. Its products include Commerce Cloud, Marketing Cloud, and 91APP Payments, and solutions include OMO (Online-Merge-Offline), retail digital transformation, and Retail AI jooii. It generates maximum revenue from Taiwan.
86GF Score

Get the complete analysis for ROCO:6741

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

NT$60.20
Price
NT$134.37
GF Value