Advanced International Multitech Co (ROCO:8938) Days Payable: 36.00 (As of Dec. 2025) — 33% Below Median

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ROCO:8938 Advanced International Multitech Co Ltd ROCO:8938
76 GF Score
Price NT$54.20
GF Value NT$70.04
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Advanced International Multitech Co Days Payable?

Advanced International Multitech Co ROCO:8938 -1.45% 76 Days Payable is 36.00 as of Dec. 2025, which is 33% below its 10-year median of 53.49. GuruFocus rates ROCO:8938 with a GF Score™ of 76/100 and a GF Value™ of NT$70.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 777 Travel & Leisure companies, Advanced International Multitech Co ranks worse than 62.29% on this metric.

Advanced International Multitech Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,559 Mil. Advanced International Multitech Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,952 Mil. Hence, Advanced International Multitech Co's Days Payable for the three months ended in Dec. 2025 was 36.00.

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

ROCO:8938' s Days Payable Range Over the Past 10 Years
Min: 41.88   Med: 53.49   Max: 57.62
Current: 41.88

During the past 13 years, Advanced International Multitech Co's highest Days Payable was 57.62. The lowest was 41.88. And the median was 53.49.

ROCO:8938's Days Payable is ranked worse than
62.29% of 777 companies
in the Travel & Leisure industry
Industry Median: 57.32 vs ROCO:8938: 41.88

Advanced International Multitech Co's Days Payable declined from Dec. 2024 (39.95) to Dec. 2025 (36.00). It may suggest that Advanced International Multitech Co accelerated paying its suppliers.


Advanced International Multitech Co Days Payable Related Terms


Advanced International Multitech Co Days Payable Historical Data

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The historical data trend for Advanced International Multitech 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.

Advanced International Multitech Co Days Payable Chart

Advanced International Multitech 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 52.74 46.18 56.20 49.79 48.56

Advanced International Multitech 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 39.95 39.39 39.77 49.18 36.00

ROCO:8938 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Advanced International Multitech 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.


Advanced International Multitech Co Days Payable vs Travel & Leisure Industry

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

* The bar in red indicates where Advanced International Multitech Co's Days Payable falls into.


ROCO:8938
76GF Score
Advanced International Multitech Co Ltd ROCO:8938
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced International Multitech 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.

Advanced International Multitech 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
=( (1802.664 + 1658.802) / 2 ) / 13010.007*365
=1730.733 / 13010.007*365
=48.56

Advanced International Multitech 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
=( (1458.914 + 1658.802) / 2 ) / 3951.547*365 / 4
=1558.858 / 3951.547*365 / 4
=36.00

* 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 36.00 mean?
Advanced International Multitech Co (ROCO:8938) has a Days Payable of 36.00 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 Advanced International Multitech Co and its competitors. This is 33% below median its historical median of 53.49. Over the past decade, Advanced International Multitech Co's Days Payable has ranged from 41.88 to 57.62. According to the industry distribution chart, Advanced International Multitech Co ranks #484 out of 777 companies in the Travel & Leisure industry, placing it in the top 62.3%.
Is Advanced International Multitech Co's Days Payable too high?
Advanced International Multitech Co's current Days Payable of 36.00 is 33% below median its 10-year median of 53.49. Over the past 10 years, this metric has ranged from a low of 41.88 to a high of 57.62. The Travel & Leisure industry median Days Payable is 57.32. Advanced International Multitech Co's value of 36.00 is 37.2% below this industry median. Based on the distribution chart, Advanced International Multitech Co ranks #484 out of 777 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Advanced International Multitech 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 Advanced International Multitech Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Advanced International Multitech Co ranks #484 out of 777 companies for Days Payable. This places Advanced International Multitech Co in the lower half of its industry. The industry median Days Payable is 57.32. Advanced International Multitech Co's value of 36.00 is 37.2% below this benchmark. Historically, Advanced International Multitech Co's own Days Payable has ranged from 41.88 to 57.62 over the past decade. While the company's 10-year median is 53.49 vs. the industry median of 57.32, Advanced International Multitech 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. Advanced International Multitech Co's current Days Payable of 36.00 is 37.2% 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 Advanced International Multitech 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. Advanced International Multitech Co's current Days Payable is 36.00, which is 33% below median its own 10-year median of 53.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced International Multitech Co stock overvalued right now?
Based on GuruFocus' analysis, Advanced International Multitech Co (ROCO:8938) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$70.04, compared to a current price of NT$54.20 — trading 22.6% below its estimated fair value. The current Days Payable is 36.00, which is 33% below median its 10-year median of 53.49 and 37.2% below the Travel & Leisure industry median of 57.32. Advanced International Multitech Co's overall GF Score™ is 76/100 with 6 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 Advanced International Multitech Co (ROCO:8938), the current Days Payable is 36.00 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 Advanced International Multitech Co (ROCO:8938) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced International Multitech Co stock appears to be undervalued. The current stock price of NT$54.20 is trading 22.6% below its estimated GF Value™ of NT$70.04. GuruFocus considers Advanced International Multitech Co to be Modestly Undervalued.

Key valuation signals for ROCO:8938:

  • Days Payable: 36.00 (33% below median its 10-year median of 53.49)
  • GF Value™: NT$70.04 vs. price of NT$54.20 (22.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 37.2% below the Travel & Leisure median (#484 of 777)

No single metric tells the full story. See the ROCO:8938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced International Multitech Co Business Description

Address No.24 & 26, Chung Lin Road, Chung Lin Factory 1 / Chung Lin Factory 2, Lin Hai Industrial District, Xiaogang District, Kaohsiung City, TWN, 812
Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf balls, composites, and bicycle parts. The product portfolio of the company includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles, and others. Geographically, the company generates a majority of its revenue from the Americas followed by Asia and other regions.
76GF Score

Get the complete analysis for ROCO:8938

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

NT$54.20
Price
NT$70.04
GF Value