CKM Applied Materials (ROCO:8930) Days Payable: 21.26 (As of Dec. 2025) — 14% Above Median

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ROCO:8930 CKM Applied Materials Corp ROCO:8930
88 GF Score
Price NT$31.25
GF Value NT$31.89
Valuation Fairly Valued
! 4 Warning Signs
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What is CKM Applied Materials Days Payable?

CKM Applied Materials ROCO:8930 +2.80% 88 Days Payable is 21.26 as of Dec. 2025, which is 14% above its 10-year median of 18.65. GuruFocus rates ROCO:8930 with a GF Score™ of 88/100 and a GF Value™ of NT$31.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,713 Construction companies, CKM Applied Materials ranks worse than 93.99% on this metric.

CKM Applied Materials's average Accounts Payable for the three months ended in Dec. 2025 was NT$57 Mil. CKM Applied Materials's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$244 Mil. Hence, CKM Applied Materials's Days Payable for the three months ended in Dec. 2025 was 21.26.

The historical rank and industry rank for CKM Applied Materials's Days Payable or its related term are showing as below:

ROCO:8930' s Days Payable Range Over the Past 10 Years
Min: 9.12   Med: 18.65   Max: 25.35
Current: 21.6

During the past 13 years, CKM Applied Materials's highest Days Payable was 25.35. The lowest was 9.12. And the median was 18.65.

ROCO:8930's Days Payable is ranked worse than
93.99% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs ROCO:8930: 21.60

CKM Applied Materials's Days Payable increased from Dec. 2024 (18.45) to Dec. 2025 (21.26). It may suggest that CKM Applied Materials delayed paying its suppliers.


CKM Applied Materials Days Payable Historical Data

* Premium members only.

The historical data trend for CKM Applied Materials'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.

CKM Applied Materials Days Payable Chart

CKM Applied Materials 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 13.10 12.34 14.96 20.04 19.22

CKM Applied Materials 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 18.45 22.55 21.01 24.07 21.26

ROCO:8930 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, CKM Applied Materials'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.


CKM Applied Materials Days Payable vs Construction Industry

For the Construction industry and Industrials sector, CKM Applied Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where CKM Applied Materials's Days Payable falls into.


ROCO:8930
88GF Score
CKM Applied Materials Corp ROCO:8930
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CKM Applied Materials 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.

CKM Applied Materials'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
=( (62.405 + 47.007) / 2 ) / 1038.841*365
=54.706 / 1038.841*365
=19.22

CKM Applied Materials'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
=( (66.659 + 47.007) / 2 ) / 243.883*365 / 4
=56.833 / 243.883*365 / 4
=21.26

* 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 21.26 mean?
CKM Applied Materials (ROCO:8930) has a Days Payable of 21.26 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 CKM Applied Materials and its competitors. This is 14% above median its historical median of 18.65. Over the past decade, CKM Applied Materials' Days Payable has ranged from 9.12 to 25.35. According to the industry distribution chart, CKM Applied Materials ranks #1610 out of 1713 companies in the Construction industry, placing it in the top 94%.
Is CKM Applied Materials' Days Payable too high?
CKM Applied Materials' current Days Payable of 21.26 is 14% above median its 10-year median of 18.65. Over the past 10 years, this metric has ranged from a low of 9.12 to a high of 25.35. The Construction industry median Days Payable is 76.49. CKM Applied Materials' value of 21.26 is 72.2% below this industry median. Based on the distribution chart, CKM Applied Materials ranks #1610 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, CKM Applied Materials has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CKM Applied Materials' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, CKM Applied Materials ranks #1610 out of 1713 companies for Days Payable. This places CKM Applied Materials in the lower half of its industry. The industry median Days Payable is 76.49. CKM Applied Materials' value of 21.26 is 72.2% below this benchmark. Historically, CKM Applied Materials' own Days Payable has ranged from 9.12 to 25.35 over the past decade. While the company's 10-year median is 18.65 vs. the industry median of 76.49, CKM Applied Materials 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. CKM Applied Materials's current Days Payable of 21.26 is 72.2% 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 CKM Applied Materials and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CKM Applied Materials's current Days Payable is 21.26, which is 14% above median its own 10-year median of 18.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CKM Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, CKM Applied Materials (ROCO:8930) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.89, compared to a current price of NT$31.25 — trading 2% below its estimated fair value. The current Days Payable is 21.26, which is 14% above median its 10-year median of 18.65 and 72.2% below the Construction industry median of 76.49. CKM Applied Materials' overall GF Score™ is 88/100 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 CKM Applied Materials (ROCO:8930), the current Days Payable is 21.26 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 CKM Applied Materials (ROCO:8930) Overvalued in 2026?

Based on GuruFocus' analysis, CKM Applied Materials stock appears to be undervalued. The current stock price of NT$31.25 is trading 2% below its estimated GF Value™ of NT$31.89. GuruFocus considers CKM Applied Materials to be Fairly Valued.

Key valuation signals for ROCO:8930:

  • Days Payable: 21.26 (14% above median its 10-year median of 18.65)
  • GF Value™: NT$31.89 vs. price of NT$31.25 (2% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 72.2% below the Construction median (#1610 of 1713)

No single metric tells the full story. See the ROCO:8930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CKM Applied Materials Business Description

Address No. 9, Gongye Road, Guantian District, Tainan, TWN, 720008
CKM Applied Materials Corp is engaged in the manufacturing and sales of light steel frames, metal ceilings, and fireproof doors, along with related import and export operations, as well as the production and distribution of various machinery. It provides ceiling suspension systems, partition framework systems, and metal ceilings with a wide range of applications, including governmental buildings, hospitals, schools, department stores, hotels, factories, public buildings, residential buildings, and commercial buildings. Its products include Ceiling Suspension System, Metal Ceilings, and Micro-perforated acoustic products. The company has one reportable segment and is mainly engaged in the manufacturing and sales of a single product, light steel frames.
88GF Score

Get the complete analysis for ROCO:8930

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

NT$31.25
Price
NT$31.89
GF Value