Bai ShA Technology Co (ROCO:8401) Days Payable: 28.87 (As of Dec. 2025) — 10% Below Median


ROCO:8401 Bai ShA Technology Co Ltd ROCO:8401
83 GF Score
Price NT$22.95
GF Value NT$21.66
Valuation Fairly Valued
! 2 Warning Signs
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What is Bai ShA Technology Co Days Payable?

Bai ShA Technology Co ROCO:8401 -0.65% 83 Days Payable is 28.87 as of Dec. 2025, which is 10% below its 10-year median of 31.96. GuruFocus rates ROCO:8401 with a GF Score™ of 83/100 and a GF Value™ of NT$21.66 (Fairly Valued). The stock has 2 warning signs investors should review. Among 943 Business Services companies, Bai ShA Technology Co ranks worse than 65.11% on this metric.

Bai ShA Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$89 Mil. Bai ShA Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$280 Mil. Hence, Bai ShA Technology Co's Days Payable for the three months ended in Dec. 2025 was 28.87.

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

ROCO:8401' s Days Payable Range Over the Past 10 Years
Min: 28.99   Med: 31.96   Max: 35.08
Current: 29.96

During the past 13 years, Bai ShA Technology Co's highest Days Payable was 35.08. The lowest was 28.99. And the median was 31.96.

ROCO:8401's Days Payable is ranked worse than
65.11% of 943 companies
in the Business Services industry
Industry Median: 46.84 vs ROCO:8401: 29.96

Bai ShA Technology Co's Days Payable increased from Dec. 2024 (27.99) to Dec. 2025 (28.87). It may suggest that Bai ShA Technology Co delayed paying its suppliers.


Bai ShA Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Bai ShA Technology 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.

Bai ShA Technology Co Days Payable Chart

Bai ShA Technology 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 32.07 30.39 31.98 32.14 32.73

Bai ShA Technology Co Quarterly Data
Mar21 Jun21 Sep21 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 27.99 33.45 27.97 27.15 28.87

ROCO:8401 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Bai ShA Technology 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.


Bai ShA Technology Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Bai ShA Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bai ShA Technology Co's Days Payable falls into.


ROCO:8401
83GF Score
Bai ShA Technology Co Ltd ROCO:8401
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bai ShA Technology 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.

Bai ShA Technology 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
=( (97.928 + 94.1) / 2 ) / 1070.879*365
=96.014 / 1070.879*365
=32.73

Bai ShA Technology 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (83.053 + 94.1) / 2 ) / 280.004*365 / 4
=88.5765 / 280.004*365 / 4
=28.87

* 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 28.87 mean?
Bai ShA Technology Co (ROCO:8401) has a Days Payable of 28.87 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 Bai ShA Technology Co and its competitors. This is 10% below median its historical median of 31.96. Over the past decade, Bai ShA Technology Co's Days Payable has ranged from 28.99 to 35.08. According to the industry distribution chart, Bai ShA Technology Co ranks #614 out of 943 companies in the Business Services industry, placing it in the top 65.1%.
Is Bai ShA Technology Co's Days Payable too high?
Bai ShA Technology Co's current Days Payable of 28.87 is 10% below median its 10-year median of 31.96. Over the past 10 years, this metric has ranged from a low of 28.99 to a high of 35.08. The Business Services industry median Days Payable is 46.84. Bai ShA Technology Co's value of 28.87 is 38.4% below this industry median. Based on the distribution chart, Bai ShA Technology Co ranks #614 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, Bai ShA Technology Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bai ShA Technology Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bai ShA Technology Co ranks #614 out of 943 companies for Days Payable. This places Bai ShA Technology Co in the lower half of its industry. The industry median Days Payable is 46.84. Bai ShA Technology Co's value of 28.87 is 38.4% below this benchmark. Historically, Bai ShA Technology Co's own Days Payable has ranged from 28.99 to 35.08 over the past decade. While the company's 10-year median is 31.96 vs. the industry median of 46.84, Bai ShA Technology 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 Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 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. Bai ShA Technology Co's current Days Payable of 28.87 is 38.4% 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 Bai ShA Technology Co and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bai ShA Technology Co's current Days Payable is 28.87, which is 10% below median its own 10-year median of 31.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bai ShA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bai ShA Technology Co (ROCO:8401) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.66, compared to a current price of NT$22.95 — trading 6% above its estimated fair value. The current Days Payable is 28.87, which is 10% below median its 10-year median of 31.96 and 38.4% below the Business Services industry median of 46.84. Bai ShA Technology Co's overall GF Score™ is 83/100 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 Bai ShA Technology Co (ROCO:8401), the current Days Payable is 28.87 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 Bai ShA Technology Co (ROCO:8401) Overvalued in 2026?

Based on GuruFocus' analysis, Bai ShA Technology Co stock appears to be overvalued. The current stock price of NT$22.95 is trading 6% above its estimated GF Value™ of NT$21.66. GuruFocus considers Bai ShA Technology Co to be Fairly Valued.

Key valuation signals for ROCO:8401:

  • Days Payable: 28.87 (10% below median its 10-year median of 31.96)
  • GF Value™: NT$21.66 vs. price of NT$22.95 (6% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 38.4% below the Business Services median (#614 of 943)

No single metric tells the full story. See the ROCO:8401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bai ShA Technology Co Business Description

Address No.116, Sec. 1, Xiangshun Road, Taiping district, Taichung, TWN, 411042
Bai ShA Technology Co Ltd is a Taiwan based company engages in the production and sale of commercial printing products. Its products include business cards, posters, wedding invitations, envelopes, related business printings, books, and class books. Geographically the company operates from Taiwan region.
83GF Score

Get the complete analysis for ROCO:8401

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

NT$22.95
Price
NT$21.66
GF Value