Cashbox Partyworld Co (ROCO:8359) Days Payable: 20.69 (As of Dec. 2025) — 17% Below Median

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ROCO:8359 Cashbox Partyworld Co Ltd ROCO:8359
87 GF Score
Price NT$59.90
GF Value NT$83.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Cashbox Partyworld Co Days Payable?

Cashbox Partyworld Co ROCO:8359 -1.96% 87 Days Payable is 20.69 as of Dec. 2025, which is 17% below its 10-year median of 24.99. GuruFocus rates ROCO:8359 with a GF Score™ of 87/100 and a GF Value™ of NT$83.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 780 Travel & Leisure companies, Cashbox Partyworld Co ranks worse than 81.03% on this metric.

Cashbox Partyworld Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$87 Mil. Cashbox Partyworld Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$765 Mil. Hence, Cashbox Partyworld Co's Days Payable for the six months ended in Dec. 2025 was 20.69.

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

ROCO:8359' s Days Payable Range Over the Past 10 Years
Min: 20.12   Med: 24.99   Max: 37.38
Current: 20.91

During the past 13 years, Cashbox Partyworld Co's highest Days Payable was 37.38. The lowest was 20.12. And the median was 24.99.

ROCO:8359's Days Payable is ranked worse than
81.03% of 780 companies
in the Travel & Leisure industry
Industry Median: 57.215 vs ROCO:8359: 20.91

Cashbox Partyworld Co's Days Payable declined from Dec. 2024 (22.32) to Dec. 2025 (20.69). It may suggest that Cashbox Partyworld Co accelerated paying its suppliers.


Cashbox Partyworld Co Days Payable Historical Data

* Premium members only.

The historical data trend for Cashbox Partyworld 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.

Cashbox Partyworld Co Days Payable Chart

Cashbox Partyworld 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 37.38 29.10 24.29 22.04 20.75

Cashbox Partyworld 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 23.63 23.63 22.32 21.27 20.69

ROCO:8359 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Cashbox Partyworld 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.


Cashbox Partyworld Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cashbox Partyworld Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Cashbox Partyworld Co's Days Payable falls into.


ROCO:8359
87GF Score
Cashbox Partyworld Co Ltd ROCO:8359
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cashbox Partyworld 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.

Cashbox Partyworld 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
=( (93.667 + 83.133) / 2 ) / 1554.826*365
=88.4 / 1554.826*365
=20.75

Cashbox Partyworld 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
=( (90.393 + 83.133) / 2 ) / 765.329*365 / 2
=86.763 / 765.329*365 / 2
=20.69

* 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 20.69 mean?
Cashbox Partyworld Co (ROCO:8359) has a Days Payable of 20.69 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 Cashbox Partyworld Co and its competitors. This is 17% below median its historical median of 24.99. Over the past decade, Cashbox Partyworld Co's Days Payable has ranged from 20.12 to 37.38. According to the industry distribution chart, Cashbox Partyworld Co ranks #632 out of 780 companies in the Travel & Leisure industry, placing it in the top 81%.
Is Cashbox Partyworld Co's Days Payable too high?
Cashbox Partyworld Co's current Days Payable of 20.69 is 17% below median its 10-year median of 24.99. Over the past 10 years, this metric has ranged from a low of 20.12 to a high of 37.38. The Travel & Leisure industry median Days Payable is 57.22. Cashbox Partyworld Co's value of 20.69 is 63.8% below this industry median. Based on the distribution chart, Cashbox Partyworld Co ranks #632 out of 780 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Cashbox Partyworld Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cashbox Partyworld Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Cashbox Partyworld Co ranks #632 out of 780 companies for Days Payable. This places Cashbox Partyworld Co in the lower half of its industry. The industry median Days Payable is 57.22. Cashbox Partyworld Co's value of 20.69 is 63.8% below this benchmark. Historically, Cashbox Partyworld Co's own Days Payable has ranged from 20.12 to 37.38 over the past decade. While the company's 10-year median is 24.99 vs. the industry median of 57.22, Cashbox Partyworld 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 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. Cashbox Partyworld Co's current Days Payable of 20.69 is 63.8% 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 Cashbox Partyworld Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cashbox Partyworld Co's current Days Payable is 20.69, which is 17% below median its own 10-year median of 24.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cashbox Partyworld Co stock overvalued right now?
Based on GuruFocus' analysis, Cashbox Partyworld Co (ROCO:8359) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$83.20, compared to a current price of NT$59.90 — trading 28% below its estimated fair value. The current Days Payable is 20.69, which is 17% below median its 10-year median of 24.99 and 63.8% below the Travel & Leisure industry median of 57.22. Cashbox Partyworld Co's overall GF Score™ is 87/100 with 3 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 Cashbox Partyworld Co (ROCO:8359), the current Days Payable is 20.69 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 Cashbox Partyworld Co (ROCO:8359) Overvalued in 2026?

Based on GuruFocus' analysis, Cashbox Partyworld Co stock appears to be undervalued. The current stock price of NT$59.90 is trading 28% below its estimated GF Value™ of NT$83.20. GuruFocus considers Cashbox Partyworld Co to be Modestly Undervalued.

Key valuation signals for ROCO:8359:

  • Days Payable: 20.69 (17% below median its 10-year median of 24.99)
  • GF Value™: NT$83.20 vs. price of NT$59.90 (28% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 63.8% below the Travel & Leisure median (#632 of 780)

No single metric tells the full story. See the ROCO:8359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cashbox Partyworld Co Business Description

Address No. 293, Zhongxiao East Road, 5th Floor, Section 5, Xinyi District, Taipei, TWN, 110
Cashbox Partyworld Co Ltd Formerly Cashbox Enterprise Co Ltd is a KTV chain-store. The company offers varieties of services including booking services, valet parking, food, and catering.
87GF Score

Get the complete analysis for ROCO:8359

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

NT$59.90
Price
NT$83.20
GF Value