Macauto Industrial Co (ROCO:9951) Days Payable: 70.42 (As of Jun. 2026) — Near Median

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ROCO:9951 Macauto Industrial Co Ltd ROCO:9951
88 GF Score
Price NT$54.40
GF Value NT$70.79
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Macauto Industrial Co Days Payable?

Macauto Industrial Co ROCO:9951 +0.93% 88 Days Payable is 70.42 as of Jun. 2026, which is 7% below its 10-year median of 75.58. GuruFocus rates ROCO:9951 with a GF Score™ of 88/100 and a GF Value™ of NT$70.79 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Macauto Industrial Co ranks better than 51.9% on this metric.

Macauto Industrial Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$925 Mil. Macauto Industrial Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$1,199 Mil. Hence, Macauto Industrial Co's Days Payable for the three months ended in Jun. 2026 was 70.42.

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

ROCO:9951' s Days Payable Range Over the Past 10 Years
Min: 66.78   Med: 75.58   Max: 78.49
Current: 68.23

During the past 13 years, Macauto Industrial Co's highest Days Payable was 78.49. The lowest was 66.78. And the median was 75.58.

ROCO:9951's Days Payable is ranked better than
51.9% of 1314 companies
in the Vehicles & Parts industry
Industry Median: 66.555 vs ROCO:9951: 68.23

Macauto Industrial Co's Days Payable increased from Jun. 2025 (59.58) to Jun. 2026 (70.42). It may suggest that Macauto Industrial Co delayed paying its suppliers.


Macauto Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Macauto Industrial 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.

Macauto Industrial Co Days Payable Chart

Macauto Industrial 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 72.11 71.05 77.95 77.08 74.89

Macauto Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 59.58 66.50 69.90 68.49 70.42

ROCO:9951 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Macauto Industrial 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.


Macauto Industrial Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Macauto Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Macauto Industrial Co's Days Payable falls into.


ROCO:9951
88GF Score
Macauto Industrial Co Ltd ROCO:9951
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Macauto Industrial 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.

Macauto Industrial 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
=( (890.951 + 1075.382) / 2 ) / 4791.676*365
=983.1665 / 4791.676*365
=74.89

Macauto Industrial Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (871.561 + 978.527) / 2 ) / 1198.599*365 / 4
=925.044 / 1198.599*365 / 4
=70.42

* 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 70.42 mean?
Macauto Industrial Co (ROCO:9951) has a Days Payable of 70.42 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Macauto Industrial Co and its competitors. This is near median its historical median of 75.58. Over the past decade, Macauto Industrial Co's Days Payable has ranged from 66.78 to 78.49. According to the industry distribution chart, Macauto Industrial Co ranks #632 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 48.1%.
Is Macauto Industrial Co's Days Payable too high?
Macauto Industrial Co's current Days Payable of 70.42 is near median its 10-year median of 75.58. Over the past 10 years, this metric has ranged from a low of 66.78 to a high of 78.49. The Vehicles & Parts industry median Days Payable is 66.56. Macauto Industrial Co's value of 70.42 is 5.8% above this industry median. Based on the distribution chart, Macauto Industrial Co ranks #632 out of 1314 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Macauto Industrial Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Macauto Industrial Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Macauto Industrial Co ranks #632 out of 1314 companies for Days Payable. This puts Macauto Industrial Co in the upper half of its industry. The industry median Days Payable is 66.56. Macauto Industrial Co's value of 70.42 is 5.8% above this benchmark. Historically, Macauto Industrial Co's own Days Payable has ranged from 66.78 to 78.49 over the past decade. While the company's 10-year median is 75.58 vs. the industry median of 66.56, Macauto Industrial Co has consistently been above 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.56, based on 1,314 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. Macauto Industrial Co's current Days Payable of 70.42 is 5.8% above 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 Macauto Industrial Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macauto Industrial Co's current Days Payable is 70.42, which is near median its own 10-year median of 75.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macauto Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Macauto Industrial Co (ROCO:9951) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$70.79, compared to a current price of NT$54.40 — trading 23.2% below its estimated fair value. The current Days Payable is 70.42, which is near median its 10-year median of 75.58 and 5.8% above the Vehicles & Parts industry median of 66.56. Macauto Industrial Co's overall GF Score™ is 88/100 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 Macauto Industrial Co (ROCO:9951), the current Days Payable is 70.42 as of Jun. 2026. 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 Macauto Industrial Co (ROCO:9951) Overvalued in 2026?

Based on GuruFocus' analysis, Macauto Industrial Co stock appears to be undervalued. The current stock price of NT$54.40 is trading 23.2% below its estimated GF Value™ of NT$70.79. GuruFocus considers Macauto Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:9951:

  • Days Payable: 70.42 (near median its 10-year median of 75.58)
  • GF Value™: NT$70.79 vs. price of NT$54.40 (23.2% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 5.8% above the Vehicles & Parts median (#632 of 1314)

No single metric tells the full story. See the ROCO:9951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macauto Industrial Co Business Description

Address No. 6, Yongke 5th Road, 16 Wangxingli, Yongkang District, Tainan, TWN, 710
Macauto Industrial Co Ltd is a Taiwan based company principally engaged in the production of the automotive sunshade and cordless garden tools. The Company recognizes revenue on manufactures and sells Automobile Sun Shade and other related products. Auto sun shade products range include manual rear shade, electric rear shade-full cover, electric rear shade-arm type, manual sunroof sunshade, electric sunroof sunshade, tonneau cover, safety net, wind deflector. Cordless garden tools include lawn mower, trimmer, electric pruning shear, power wheelbarrow, robotic mower and robotic golf caddy cart. In addition, the company also manufactures accessories for smartphone and tablets. The company also has its business presence across the regions of USA, China, Korea, and other countries.
88GF Score

Get the complete analysis for ROCO:9951

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

NT$54.40
Price
NT$70.79
GF Value