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Kwong Lung Enterprise CoROCO:8916 +0.35%76 Days Payable is 29.70 as of Dec. 2025, which is 15% below its 10-year median of 35.09. GuruFocus rates ROCO:8916 with a GF Score™ of 76/100 and a GF Value™ of NT$52.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Kwong Lung Enterprise Co ranks worse than 61.26% on this metric.
The historical rank and industry rank for Kwong Lung Enterprise Co's Days Payable or its related term are showing as below:
ROCO:8916'
s Days Payable Range Over the Past 10 Years
Min: 26.37 Med: 35.09 Max: 47.01
Current: 43.18
During the past 13 years, Kwong Lung Enterprise Co's highest Days Payable was 47.01. The lowest was 26.37. And the median was 35.09.
ROCO:8916's Days Payable is ranked worse than 61.26% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs ROCO:8916: 43.18
* 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.
Kwong Lung Enterprise Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Kwong Lung 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.
Kwong Lung Enterprise Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwong Lung Enterprise Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Kwong Lung Enterprise Co's Days Payable falls into.
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.
Kwong Lung Enterprise Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Kwong Lung Enterprise Co (ROCO:8916) has a Days Payable of 29.70 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 Kwong Lung Enterprise Co and its competitors. This is 15% below median its historical median of 35.09. Over the past decade, Kwong Lung Enterprise Co's Days Payable has ranged from 26.37 to 47.01. According to the industry distribution chart, Kwong Lung Enterprise Co ranks #623 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.3%.
Is Kwong Lung Enterprise Co's Days Payable too high?
Kwong Lung Enterprise Co's current Days Payable of 29.70 is 15% below median its 10-year median of 35.09. Over the past 10 years, this metric has ranged from a low of 26.37 to a high of 47.01. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Kwong Lung Enterprise Co's value of 29.70 is 45.2% below this industry median. Based on the distribution chart, Kwong Lung Enterprise Co ranks #623 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Kwong Lung Enterprise Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Lung Enterprise Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kwong Lung Enterprise Co ranks #623 out of 1017 companies for Days Payable. This places Kwong Lung Enterprise Co in the lower half of its industry. The industry median Days Payable is 54.22. Kwong Lung Enterprise Co's value of 29.70 is 45.2% below this benchmark. Historically, Kwong Lung Enterprise Co's own Days Payable has ranged from 26.37 to 47.01 over the past decade. While the company's 10-year median is 35.09 vs. the industry median of 54.22, Kwong Lung 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,017 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. Kwong Lung Enterprise Co's current Days Payable of 29.70 is 45.2% 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 Kwong Lung Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Lung Enterprise Co's current Days Payable is 29.70, which is 15% below median its own 10-year median of 35.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Lung Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Kwong Lung Enterprise Co (ROCO:8916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.71, compared to a current price of NT$43.25 — trading 17.9% below its estimated fair value. The current Days Payable is 29.70, which is 15% below median its 10-year median of 35.09 and 45.2% below the Manufacturing - Apparel & Accessories industry median of 54.22. Kwong Lung Enterprise Co's overall GF Score™ is 76/100 with 4 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 Kwong Lung Enterprise Co (ROCO:8916), the current Days Payable is 29.70 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 Kwong Lung Enterprise Co (ROCO:8916) Overvalued in 2026?
Based on GuruFocus' analysis, Kwong Lung Enterprise Co stock appears to be undervalued.
The current stock price of NT$43.25 is trading 17.9% below its estimated GF Value™ of NT$52.71.
GuruFocus considers Kwong Lung Enterprise Co to be Modestly Undervalued.
Key valuation signals for ROCO:8916:
Days Payable: 29.70 (15% below median its 10-year median of 35.09)
GF Value™: NT$52.71 vs. price of NT$43.25 (17.9% below fair value)
Industry Position: 45.2% below the Manufacturing - Apparel & Accessories median (#623 of 1017)
No single metric tells the full story. See the ROCO:8916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kwong Lung Enterprise Co Ltd mainly manufactures and sells various feather products, including apparel, down, and bedding. Its product portfolio comprises Gore-Tex garments, S-seal waterproof clothing, down jackets, sleeping bags, padded outerwear, tents, duvets, pillow covers, bedsheets, etc. The Group's operating segments are: Apparel department, Down material department, Home textile department, and Others. The majority of its revenue is generated from the Apparel department, which is engaged in manufacturing, developing, designing, and selling apparel. Geographically, it derives maximum revenue from Japan, and the rest from the USA, Taiwan, China, Vietnam, and other regions.
76GF Score
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