O-Ta Precision Industry Co (ROCO:8924) Days Payable: 28.08 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:8924 O-Ta Precision Industry Co Ltd ROCO:8924
71 GF Score
Price NT$56.40
GF Value NT$82.99
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is O-Ta Precision Industry Co Days Payable?

O-Ta Precision Industry Co ROCO:8924 71 Days Payable is 28.08 as of Dec. 2025, which is 0% below its 10-year median of 28.14. GuruFocus rates ROCO:8924 with a GF Score™ of 71/100 and a GF Value™ of NT$82.99 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 777 Travel & Leisure companies, O-Ta Precision Industry Co ranks worse than 75.55% on this metric.

O-Ta Precision Industry Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$342 Mil. O-Ta Precision Industry Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,110 Mil. Hence, O-Ta Precision Industry Co's Days Payable for the three months ended in Dec. 2025 was 28.08.

The historical rank and industry rank for O-Ta Precision Industry Co's Days Payable or its related term are showing as below:

ROCO:8924' s Days Payable Range Over the Past 10 Years
Min: 21.82   Med: 28.14   Max: 59.52
Current: 27.79

During the past 13 years, O-Ta Precision Industry Co's highest Days Payable was 59.52. The lowest was 21.82. And the median was 28.14.

ROCO:8924's Days Payable is ranked worse than
75.55% of 777 companies
in the Travel & Leisure industry
Industry Median: 57.32 vs ROCO:8924: 27.79

O-Ta Precision Industry Co's Days Payable increased from Dec. 2024 (24.67) to Dec. 2025 (28.08). It may suggest that O-Ta Precision Industry Co delayed paying its suppliers.


O-Ta Precision Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for O-Ta Precision Industry 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.

O-Ta Precision Industry Co Days Payable Chart

O-Ta Precision Industry 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 26.24 29.01 31.70 21.82 26.52

O-Ta Precision Industry 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 24.67 30.03 28.68 26.41 28.08

ROCO:8924 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, O-Ta Precision Industry 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.


O-Ta Precision Industry Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, O-Ta Precision Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where O-Ta Precision Industry Co's Days Payable falls into.


ROCO:8924
71GF Score
O-Ta Precision Industry Co Ltd ROCO:8924
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

O-Ta Precision Industry 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.

O-Ta Precision Industry 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
=( (222.511 + 326.433) / 2 ) / 3777.113*365
=274.472 / 3777.113*365
=26.52

O-Ta Precision Industry 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
=( (356.677 + 326.433) / 2 ) / 1110.054*365 / 4
=341.555 / 1110.054*365 / 4
=28.08

* 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 28.08 mean?
O-Ta Precision Industry Co (ROCO:8924) has a Days Payable of 28.08 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 O-Ta Precision Industry Co and its competitors. This is near median its historical median of 28.14. Over the past decade, O-Ta Precision Industry Co's Days Payable has ranged from 21.82 to 59.52. According to the industry distribution chart, O-Ta Precision Industry Co ranks #587 out of 777 companies in the Travel & Leisure industry, placing it in the top 75.5%.
Is O-Ta Precision Industry Co's Days Payable too high?
O-Ta Precision Industry Co's current Days Payable of 28.08 is near median its 10-year median of 28.14. Over the past 10 years, this metric has ranged from a low of 21.82 to a high of 59.52. The Travel & Leisure industry median Days Payable is 57.32. O-Ta Precision Industry Co's value of 28.08 is 51% below this industry median. Based on the distribution chart, O-Ta Precision Industry Co ranks #587 out of 777 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, O-Ta Precision Industry Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does O-Ta Precision Industry Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, O-Ta Precision Industry Co ranks #587 out of 777 companies for Days Payable. This places O-Ta Precision Industry Co in the lower half of its industry. The industry median Days Payable is 57.32. O-Ta Precision Industry Co's value of 28.08 is 51% below this benchmark. Historically, O-Ta Precision Industry Co's own Days Payable has ranged from 21.82 to 59.52 over the past decade. While the company's 10-year median is 28.14 vs. the industry median of 57.32, O-Ta Precision Industry 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 57.32, based on 777 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. O-Ta Precision Industry Co's current Days Payable of 28.08 is 51% 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 O-Ta Precision Industry Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. O-Ta Precision Industry Co's current Days Payable is 28.08, which is near median its own 10-year median of 28.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-Ta Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, O-Ta Precision Industry Co (ROCO:8924) is currently considered Possible Value Trap. The stock's GF Value™ is NT$82.99, compared to a current price of NT$56.40 — trading 32% below its estimated fair value. The current Days Payable is 28.08, which is near median its 10-year median of 28.14 and 51% below the Travel & Leisure industry median of 57.32. O-Ta Precision Industry Co's overall GF Score™ is 71/100 with 5 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 O-Ta Precision Industry Co (ROCO:8924), the current Days Payable is 28.08 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 O-Ta Precision Industry Co (ROCO:8924) Overvalued in 2026?

Based on GuruFocus' analysis, O-Ta Precision Industry Co stock appears to be undervalued. The current stock price of NT$56.40 is trading 32% below its estimated GF Value™ of NT$82.99. GuruFocus considers O-Ta Precision Industry Co to be Possible Value Trap.

Key valuation signals for ROCO:8924:

  • Days Payable: 28.08 (near median its 10-year median of 28.14)
  • GF Value™: NT$82.99 vs. price of NT$56.40 (32% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 51% below the Travel & Leisure median (#587 of 777)

No single metric tells the full story. See the ROCO:8924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


O-Ta Precision Industry Co Business Description

Address No. 8, Jianfu Road, Neipu Township, Pingtung County, Pingtung, TWN, 912018
O-Ta Precision Industry Co Ltd is a Taiwan-based company engaged in manufacturing, processing (outsourced by other businesses), assembly, and sales of golf club heads and semi-finished goods. The company's operating segments are; The Golf equipment segment which generates key revenue and is responsible for manufacturing, processing, and selling golf heads, shafts, and golf equipment; and the Other segments are responsible for manufacturing and selling bicycles and plumbing parts.
71GF Score

Get the complete analysis for ROCO:8924

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

NT$56.40
Price
NT$82.99
GF Value