Shine Trend International Multimedia Tec (ROCO:6856) Days Payable: 35.75 (As of Dec. 2025) — 30% Above Median

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ROCO:6856 Shine Trend International Multimedia Tec ROCO:6856
85 GF Score
Price NT$42.15
GF Value NT$120.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Shine Trend International Multimedia Tec Days Payable?

Shine Trend International Multimedia Tec ROCO:6856 -2.32% 85 Days Payable is 35.75 as of Dec. 2025, which is 30% above its 10-year median of 27.51. GuruFocus rates ROCO:6856 with a GF Score™ of 85/100 and a GF Value™ of NT$120.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 915 Media - Diversified companies, Shine Trend International Multimedia Tec ranks worse than 63.39% on this metric.

Shine Trend International Multimedia Tec's average Accounts Payable for the three months ended in Dec. 2025 was NT$32.6 Mil. Shine Trend International Multimedia Tec's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$83.2 Mil. Hence, Shine Trend International Multimedia Tec's Days Payable for the three months ended in Dec. 2025 was 35.75.

The historical rank and industry rank for Shine Trend International Multimedia Tec's Days Payable or its related term are showing as below:

ROCO:6856' s Days Payable Range Over the Past 10 Years
Min: 12.33   Med: 27.51   Max: 54.81
Current: 53.19

During the past 8 years, Shine Trend International Multimedia Tec's highest Days Payable was 54.81. The lowest was 12.33. And the median was 27.51.

ROCO:6856's Days Payable is ranked worse than
63.39% of 915 companies
in the Media - Diversified industry
Industry Median: 82.66 vs ROCO:6856: 53.19

Shine Trend International Multimedia Tec's Days Payable increased from Dec. 2024 (27.30) to Dec. 2025 (35.75). It may suggest that Shine Trend International Multimedia Tec delayed paying its suppliers.


Shine Trend International Multimedia Tec Days Payable Related Terms


Shine Trend International Multimedia Tec Days Payable Historical Data

* Premium members only.

The historical data trend for Shine Trend International Multimedia Tec'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.

Shine Trend International Multimedia Tec Days Payable Chart

Shine Trend International Multimedia Tec Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 37.15 14.40 12.33 27.06 54.81

Shine Trend International Multimedia Tec Quarterly Data
Dec19 Dec20 Jun21 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 27.30 66.38 69.40 48.69 35.75

ROCO:6856 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, Shine Trend International Multimedia Tec'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.


Shine Trend International Multimedia Tec Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shine Trend International Multimedia Tec's Days Payable distribution charts can be found below:

* The bar in red indicates where Shine Trend International Multimedia Tec's Days Payable falls into.


ROCO:6856
85GF Score
Shine Trend International Multimedia Tec ROCO:6856
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shine Trend International Multimedia Tec 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.

Shine Trend International Multimedia Tec'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
=( (25.794 + 47.023) / 2 ) / 242.459*365
=36.4085 / 242.459*365
=54.81

Shine Trend International Multimedia Tec'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
=( (18.182 + 47.023) / 2 ) / 83.225*365 / 4
=32.6025 / 83.225*365 / 4
=35.75

* 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 35.75 mean?
Shine Trend International Multimedia Tec (ROCO:6856) has a Days Payable of 35.75 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 Shine Trend International Multimedia Tec and its competitors. This is 30% above median its historical median of 27.51. Over the past decade, Shine Trend International Multimedia Tec's Days Payable has ranged from 12.33 to 54.81. According to the industry distribution chart, Shine Trend International Multimedia Tec ranks #580 out of 915 companies in the Media - Diversified industry, placing it in the top 63.4%.
Is Shine Trend International Multimedia Tec's Days Payable too high?
Shine Trend International Multimedia Tec's current Days Payable of 35.75 is 30% above median its 10-year median of 27.51. Over the past 10 years, this metric has ranged from a low of 12.33 to a high of 54.81. The Media - Diversified industry median Days Payable is 82.66. Shine Trend International Multimedia Tec's value of 35.75 is 56.8% below this industry median. Based on the distribution chart, Shine Trend International Multimedia Tec ranks #580 out of 915 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Shine Trend International Multimedia Tec has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Trend International Multimedia Tec's Days Payable compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Shine Trend International Multimedia Tec ranks #580 out of 915 companies for Days Payable. This places Shine Trend International Multimedia Tec in the lower half of its industry. The industry median Days Payable is 82.66. Shine Trend International Multimedia Tec's value of 35.75 is 56.8% below this benchmark. Historically, Shine Trend International Multimedia Tec's own Days Payable has ranged from 12.33 to 54.81 over the past decade. While the company's 10-year median is 27.51 vs. the industry median of 82.66, Shine Trend International Multimedia Tec 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.66, based on 915 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. Shine Trend International Multimedia Tec's current Days Payable of 35.75 is 56.8% 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 Shine Trend International Multimedia Tec and its competitors. For the Media - Diversified industry, the median Days Payable is 82.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Trend International Multimedia Tec's current Days Payable is 35.75, which is 30% above median its own 10-year median of 27.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Trend International Multimedia Tec stock overvalued right now?
Based on GuruFocus' analysis, Shine Trend International Multimedia Tec (ROCO:6856) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$120.28, compared to a current price of NT$42.15 — trading 65% below its estimated fair value. The current Days Payable is 35.75, which is 30% above median its 10-year median of 27.51 and 56.8% below the Media - Diversified industry median of 82.66. Shine Trend International Multimedia Tec's overall GF Score™ is 85/100 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 Shine Trend International Multimedia Tec (ROCO:6856), the current Days Payable is 35.75 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 Shine Trend International Multimedia Tec (ROCO:6856) Overvalued in 2026?

Based on GuruFocus' analysis, Shine Trend International Multimedia Tec stock appears to be undervalued. The current stock price of NT$42.15 is trading 65% below its estimated GF Value™ of NT$120.28. GuruFocus considers Shine Trend International Multimedia Tec to be Significantly Undervalued.

Key valuation signals for ROCO:6856:

  • Days Payable: 35.75 (30% above median its 10-year median of 27.51)
  • GF Value™: NT$120.28 vs. price of NT$42.15 (65% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 56.8% below the Media - Diversified median (#580 of 915)

No single metric tells the full story. See the ROCO:6856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shine Trend International Multimedia Tec Business Description

Address No. 68, Section 1, Guoguang Road, Dali District, Taichung, TWN
Shine Trend International Multimedia Tec is involved in the entertainment business. The company is focused on the production of programs for television.
85GF Score

Get the complete analysis for ROCO:6856

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

NT$42.15
Price
NT$120.28
GF Value