Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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.
Changing Information Technology Days Payable Chart
ROCO:8272 vs MSFT, PLTR, ORCL: Days Payable Comparison
For the Software - Infrastructure subindustry, Changing Information Technology'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.
Changing Information Technology Days Payable vs Software Industry
For the Software industry and Technology sector, Changing Information Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Changing Information Technology's Days Payable falls into.
Changing Information Technology 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.
* 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.
Changing Information Technology (ROCO:8272) has a Days Payable of 59.71 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Changing Information Technology and its competitors. This is 11% above median its historical median of 54.01. Over the past decade, Changing Information Technology's Days Payable has ranged from 32.32 to 71.90. According to the industry distribution chart, Changing Information Technology ranks #1215 out of 2604 companies in the Software industry, placing it in the top 46.7%.
Is Changing Information Technology's Days Payable too high?
Changing Information Technology's current Days Payable of 59.71 is 11% above median its 10-year median of 54.01. Over the past 10 years, this metric has ranged from a low of 32.32 to a high of 71.90. The Software industry median Days Payable is 51.64. Changing Information Technology's value of 59.71 is 15.6% above this industry median. Based on the distribution chart, Changing Information Technology ranks #1215 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Changing Information Technology has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changing Information Technology's Days Payable compare to MSFT and PLTR?
According to the Software industry distribution chart, Changing Information Technology ranks #1215 out of 2604 companies for Days Payable. This puts Changing Information Technology in the upper half of its industry. The industry median Days Payable is 51.64. Changing Information Technology's value of 59.71 is 15.6% above this benchmark. Historically, Changing Information Technology's own Days Payable has ranged from 32.32 to 71.90 over the past decade. While the company's 10-year median is 54.01 vs. the industry median of 51.64, Changing Information Technology has consistently been above 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 51.64, based on 2,604 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. Changing Information Technology's current Days Payable of 59.71 is 15.6% above 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 Changing Information Technology and its competitors. For the Software industry, the median Days Payable is 51.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changing Information Technology's current Days Payable is 59.71, which is 11% above median its own 10-year median of 54.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changing Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Changing Information Technology (ROCO:8272) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$90.17, compared to a current price of NT$64.90 — trading 28% below its estimated fair value. The current Days Payable is 59.71, which is 11% above median its 10-year median of 54.01 and 15.6% above the Software industry median of 51.64. Changing Information Technology's overall GF Score™ is 74/100 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 Changing Information Technology (ROCO:8272), the current Days Payable is 59.71 as of Jun. 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 Changing Information Technology (ROCO:8272) Overvalued in 2026?
Based on GuruFocus' analysis, Changing Information Technology stock appears to be undervalued.
The current stock price of NT$64.90 is trading 28% below its estimated GF Value™ of NT$90.17.
GuruFocus considers Changing Information Technology to be Modestly Undervalued.
Key valuation signals for ROCO:8272:
Days Payable: 59.71 (11% above median its 10-year median of 54.01)
GF Value™: NT$90.17 vs. price of NT$64.90 (28% below fair value)
Industry Position: 15.6% above the Software median (#1215 of 2604)
No single metric tells the full story. See the ROCO:8272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changing Information Technology Inc principally engages in information software services, data processing services, electronic information supply services, and the research, development, production, manufacturing, and sales of various types of media, internet, image application, and text recognition application software and systems. The Company's reportable operating segment consists of a single department mainly engaged in the research, development, production, manufacture, and sales of information software services, data processing services, electronic information supply services, and packaged software for various media, the Internet, imaging applications, and optical character recognition. The company generates maximum revenue from Taiwan.
74GF Score
Get the complete analysis for ROCO:8272
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:8272 has been successfully added to your 
