Super Qin Enterprise Co (ROCO:8345) Days Payable: 21.07 (As of Dec. 2025) — 30% Below Median


ROCO:8345 Super Qin Enterprise Co Ltd ROCO:8345
20 GF Score
Price NT$53.20
! 2 Warning Signs
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What is Super Qin Enterprise Co Days Payable?

Super Qin Enterprise Co ROCO:8345 20 Days Payable is 21.07 as of Dec. 2025, which is 30% below its 10-year median of 30.22. GuruFocus rates ROCO:8345 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Super Qin Enterprise Co ranks worse than 83.05% on this metric.

Super Qin Enterprise Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$198 Mil. Super Qin Enterprise Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$1,715 Mil. Hence, Super Qin Enterprise Co's Days Payable for the six months ended in Dec. 2025 was 21.07.

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

ROCO:8345' s Days Payable Range Over the Past 10 Years
Min: 21.49   Med: 30.22   Max: 35.75
Current: 21.49

During the past 4 years, Super Qin Enterprise Co's highest Days Payable was 35.75. The lowest was 21.49. And the median was 30.22.

ROCO:8345's Days Payable is ranked worse than
83.05% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs ROCO:8345: 21.49

Super Qin Enterprise Co's Days Payable declined from Dec. 2024 (21.93) to Dec. 2025 (21.07). It may suggest that Super Qin Enterprise Co accelerated paying its suppliers.


Super Qin Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Super Qin 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.

Super Qin Enterprise Co Days Payable Chart

Super Qin Enterprise Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 35.75 30.22 22.39

Super Qin Enterprise Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 39.22 21.93 21.01 21.07

ROCO:8345 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Super Qin 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.


Super Qin Enterprise Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Super Qin Enterprise Co's Days Payable distribution charts can be found below:

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


ROCO:8345
20GF Score
Super Qin Enterprise Co Ltd ROCO:8345
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Super Qin 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.

Super Qin 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
=( (191.785 + 216.557) / 2 ) / 3328.074*365
=204.171 / 3328.074*365
=22.39

Super Qin 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
=( (179.517 + 216.557) / 2 ) / 1715.099*365 / 2
=198.037 / 1715.099*365 / 2
=21.07

* 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 21.07 mean?
Super Qin Enterprise Co (ROCO:8345) has a Days Payable of 21.07 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 Super Qin Enterprise Co and its competitors. This is 30% below median its historical median of 30.22. Over the past decade, Super Qin Enterprise Co's Days Payable has ranged from 21.49 to 35.75. According to the industry distribution chart, Super Qin Enterprise Co ranks #1568 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 83.1%.
Is Super Qin Enterprise Co's Days Payable too high?
Super Qin Enterprise Co's current Days Payable of 21.07 is 30% below median its 10-year median of 30.22. Over the past 10 years, this metric has ranged from a low of 21.49 to a high of 35.75. The Consumer Packaged Goods industry median Days Payable is 44.15. Super Qin Enterprise Co's value of 21.07 is 52.3% below this industry median. Based on the distribution chart, Super Qin Enterprise Co ranks #1568 out of 1888 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Super Qin Enterprise Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Super Qin Enterprise Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Super Qin Enterprise Co ranks #1568 out of 1888 companies for Days Payable. This places Super Qin Enterprise Co in the lower half of its industry. The industry median Days Payable is 44.15. Super Qin Enterprise Co's value of 21.07 is 52.3% below this benchmark. Historically, Super Qin Enterprise Co's own Days Payable has ranged from 21.49 to 35.75 over the past decade. While the company's 10-year median is 30.22 vs. the industry median of 44.15, Super Qin 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,888 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. Super Qin Enterprise Co's current Days Payable of 21.07 is 52.3% 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 Super Qin Enterprise Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Qin Enterprise Co's current Days Payable is 21.07, which is 30% below median its own 10-year median of 30.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Qin Enterprise Co stock overvalued right now?
Super Qin Enterprise Co (ROCO:8345) has a current Days Payable of 21.07. The current Days Payable is 21.07, which is 30% below median its 10-year median of 30.22 and 52.3% below the Consumer Packaged Goods industry median of 44.15. Super Qin Enterprise Co's overall GF Score™ is 20/100 with 2 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 Super Qin Enterprise Co (ROCO:8345), the current Days Payable is 21.07 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.

Super Qin Enterprise Co Business Description

Address NO. 1061 Yong'an Road, Taoyuan District, Taoyuan City, TWN, 33055
Super Qin Enterprise Co Ltd is engaged in the livestock and chicken industry. Its brands are Qin Meat and Green Grange.
20GF Score

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NT$53.20
Price