Study King Co (ROCO:6780) Days Payable: 26.94 (As of Dec. 2025) — 117% Above Median

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ROCO:6780 Study King Co Ltd ROCO:6780
75 GF Score
Price NT$40.00
GF Value NT$19.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Study King Co Days Payable?

Study King Co ROCO:6780 75 Days Payable is 26.94 as of Dec. 2025, which is 117% above its 10-year median of 12.39. GuruFocus rates ROCO:6780 with a GF Score™ of 75/100 and a GF Value™ of NT$19.15 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,605 Software companies, Study King Co ranks worse than 78.43% on this metric.

Study King Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$3.0 Mil. Study King Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$20.4 Mil. Hence, Study King Co's Days Payable for the six months ended in Dec. 2025 was 26.94.

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

ROCO:6780' s Days Payable Range Over the Past 10 Years
Min: 5.65   Med: 12.39   Max: 32.34
Current: 21.71

During the past 8 years, Study King Co's highest Days Payable was 32.34. The lowest was 5.65. And the median was 12.39.

ROCO:6780's Days Payable is ranked worse than
78.43% of 2605 companies
in the Software industry
Industry Median: 52.79 vs ROCO:6780: 21.71

Study King Co's Days Payable increased from Dec. 2024 (5.61) to Dec. 2025 (26.94). It may suggest that Study King Co delayed paying its suppliers.


Study King Co Days Payable Historical Data

* Premium members only.

The historical data trend for Study King 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.

Study King Co Days Payable Chart

Study King Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 7.37 19.76 32.34 15.35 26.86

Study King Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 14.79 12.57 5.61 11.13 26.94

ROCO:6780 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Study King 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.


Study King Co Days Payable vs Software Industry

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

* The bar in red indicates where Study King Co's Days Payable falls into.


ROCO:6780
75GF Score
Study King Co Ltd ROCO:6780
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Study King 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.

Study King 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
=( (1.172 + 4.773) / 2 ) / 40.395*365
=2.9725 / 40.395*365
=26.86

Study King 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1.262 + 4.773) / 2 ) / 20.442*365 / 2
=3.0175 / 20.442*365 / 2
=26.94

* 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 26.94 mean?
Study King Co (ROCO:6780) has a Days Payable of 26.94 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 Study King Co and its competitors. This is 117% above median its historical median of 12.39. Over the past decade, Study King Co's Days Payable has ranged from 5.65 to 32.34. According to the industry distribution chart, Study King Co ranks #2043 out of 2605 companies in the Software industry, placing it in the top 78.4%.
Is Study King Co's Days Payable too high?
Study King Co's current Days Payable of 26.94 is 117% above median its 10-year median of 12.39. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 32.34. The Software industry median Days Payable is 52.79. Study King Co's value of 26.94 is 49% below this industry median. Based on the distribution chart, Study King Co ranks #2043 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Study King Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Study King Co's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Study King Co ranks #2043 out of 2605 companies for Days Payable. This places Study King Co in the lower half of its industry. The industry median Days Payable is 52.79. Study King Co's value of 26.94 is 49% below this benchmark. Historically, Study King Co's own Days Payable has ranged from 5.65 to 32.34 over the past decade. While the company's 10-year median is 12.39 vs. the industry median of 52.79, Study King 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 52.79, based on 2,605 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. Study King Co's current Days Payable of 26.94 is 49% 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 Study King Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Study King Co's current Days Payable is 26.94, which is 117% above median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Study King Co stock overvalued right now?
Based on GuruFocus' analysis, Study King Co (ROCO:6780) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.15, compared to a current price of NT$40.00 — trading 108.9% above its estimated fair value. The current Days Payable is 26.94, which is 117% above median its 10-year median of 12.39 and 49% below the Software industry median of 52.79. Study King Co's overall GF Score™ is 75/100 with 4 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 Study King Co (ROCO:6780), the current Days Payable is 26.94 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 Study King Co (ROCO:6780) Overvalued in 2026?

Based on GuruFocus' analysis, Study King Co stock appears to be overvalued. The current stock price of NT$40.00 is trading 108.9% above its estimated GF Value™ of NT$19.15. GuruFocus considers Study King Co to be Significantly Overvalued.

Key valuation signals for ROCO:6780:

  • Days Payable: 26.94 (117% above median its 10-year median of 12.39)
  • GF Value™: NT$19.15 vs. price of NT$40.00 (108.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 49% below the Software median (#2043 of 2605)

No single metric tells the full story. See the ROCO:6780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Study King Co Business Description

Address 250 Section 2 Wenhua Road, 3d Floor, Banqiao District, New Taipei, TWN, 22044
Study King Co Ltd is engaged in the digital learning business. It offers smart learning systems which provides teacher lecturing, intelligent puzzle solving, weaker guidance, learning record review, and other services.
75GF Score

Get the complete analysis for ROCO:6780

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

NT$40.00
Price
NT$19.15
GF Value