Taiwan Television Enterprise Co (ROCO:8329) Days Payable: 40.11 (As of Dec. 2025) — 45% Above Median

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ROCO:8329 Taiwan Television Enterprise Co Ltd ROCO:8329
70 GF Score
Price NT$10.50
GF Value NT$8.62
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Taiwan Television Enterprise Co Days Payable?

Taiwan Television Enterprise Co ROCO:8329 -0.47% 70 Days Payable is 40.11 as of Dec. 2025, which is 45% above its 10-year median of 27.72. GuruFocus rates ROCO:8329 with a GF Score™ of 70/100 and a GF Value™ of NT$8.62 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 915 Media - Diversified companies, Taiwan Television Enterprise Co ranks worse than 75.08% on this metric.

Taiwan Television Enterprise Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$91.8 Mil. Taiwan Television Enterprise Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$417.8 Mil. Hence, Taiwan Television Enterprise Co's Days Payable for the six months ended in Dec. 2025 was 40.11.

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

ROCO:8329' s Days Payable Range Over the Past 10 Years
Min: 22.37   Med: 27.72   Max: 34.77
Current: 34.77

During the past 13 years, Taiwan Television Enterprise Co's highest Days Payable was 34.77. The lowest was 22.37. And the median was 27.72.

ROCO:8329's Days Payable is ranked worse than
75.08% of 915 companies
in the Media - Diversified industry
Industry Median: 83.18 vs ROCO:8329: 34.77

Taiwan Television Enterprise Co's Days Payable declined from Dec. 2024 (44.75) to Dec. 2025 (40.11). It may suggest that Taiwan Television Enterprise Co accelerated paying its suppliers.


Taiwan Television Enterprise Co Days Payable Related Terms


Taiwan Television Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Taiwan Television Enterprise 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.

Taiwan Television Enterprise Co Days Payable Chart

Taiwan Television Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.95 31.20 33.45 27.05 27.76

Taiwan Television Enterprise Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.71 34.22 44.75 36.59 40.11

ROCO:8329 vs NXST: Days Payable Comparison

For the Broadcasting subindustry, Taiwan Television Enterprise 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.


Taiwan Television Enterprise Co Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Taiwan Television Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Television Enterprise Co's Days Payable falls into.


ROCO:8329
70GF Score
Taiwan Television Enterprise Co Ltd ROCO:8329
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Television Enterprise 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.

Taiwan Television Enterprise 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
=( (66.036 + 66.86) / 2 ) / 873.674*365
=66.448 / 873.674*365
=27.76

Taiwan Television Enterprise 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
=( (116.789 + 66.86) / 2 ) / 417.787*365 / 2
=91.8245 / 417.787*365 / 2
=40.11

* 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 40.11 mean?
Taiwan Television Enterprise Co (ROCO:8329) has a Days Payable of 40.11 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 Taiwan Television Enterprise Co and its competitors. This is 45% above median its historical median of 27.72. Over the past decade, Taiwan Television Enterprise Co's Days Payable has ranged from 22.37 to 34.77. According to the industry distribution chart, Taiwan Television Enterprise Co ranks #687 out of 915 companies in the Media - Diversified industry, placing it in the top 75.1%.
Is Taiwan Television Enterprise Co's Days Payable too high?
Taiwan Television Enterprise Co's current Days Payable of 40.11 is 45% above median its 10-year median of 27.72. Over the past 10 years, this metric has ranged from a low of 22.37 to a high of 34.77. The Media - Diversified industry median Days Payable is 83.18. Taiwan Television Enterprise Co's value of 40.11 is 51.8% below this industry median. Based on the distribution chart, Taiwan Television Enterprise Co ranks #687 out of 915 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Taiwan Television Enterprise Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Television Enterprise Co's Days Payable compare to NXST?
According to the Media - Diversified industry distribution chart, Taiwan Television Enterprise Co ranks #687 out of 915 companies for Days Payable. This places Taiwan Television Enterprise Co in the lower half of its industry. The industry median Days Payable is 83.18. Taiwan Television Enterprise Co's value of 40.11 is 51.8% below this benchmark. Historically, Taiwan Television Enterprise Co's own Days Payable has ranged from 22.37 to 34.77 over the past decade. While the company's 10-year median is 27.72 vs. the industry median of 83.18, Taiwan Television Enterprise 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.18, 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. Taiwan Television Enterprise Co's current Days Payable of 40.11 is 51.8% 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 Taiwan Television Enterprise Co and its competitors. For the Media - Diversified industry, the median Days Payable is 83.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Television Enterprise Co's current Days Payable is 40.11, which is 45% above median its own 10-year median of 27.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Television Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Television Enterprise Co (ROCO:8329) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$8.62, compared to a current price of NT$10.50 — trading 21.8% above its estimated fair value. The current Days Payable is 40.11, which is 45% above median its 10-year median of 27.72 and 51.8% below the Media - Diversified industry median of 83.18. Taiwan Television Enterprise Co's overall GF Score™ is 70/100 with 7 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 Taiwan Television Enterprise Co (ROCO:8329), the current Days Payable is 40.11 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 Taiwan Television Enterprise Co (ROCO:8329) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Television Enterprise Co stock appears to be overvalued. The current stock price of NT$10.50 is trading 21.8% above its estimated GF Value™ of NT$8.62. GuruFocus considers Taiwan Television Enterprise Co to be Modestly Overvalued.

Key valuation signals for ROCO:8329:

  • Days Payable: 40.11 (45% above median its 10-year median of 27.72)
  • GF Value™: NT$8.62 vs. price of NT$10.50 (21.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 51.8% below the Media - Diversified median (#687 of 915)

No single metric tells the full story. See the ROCO:8329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Television Enterprise Co Business Description

Address No.10, Section 3, Bade Road, Songshan District, Taipei, TWN, 105
Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.
70GF Score

Get the complete analysis for ROCO:8329

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

NT$10.50
Price
NT$8.62
GF Value