TSG Development Co (ROCO:3521) Accounts Payable: NT$0.0 Mil (As of Mar. 2026)

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ROCO:3521 TSG Development Co Ltd ROCO:3521
59 GF Score
Price NT$12.65
GF Value NT$10.84
Valuation Modestly Overvalued
! 3 Warning Signs
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What is TSG Development Co Accounts Payable?

TSG Development Co ROCO:3521 +3.27% 59 Accounts Payable is NT$0.0 Mil as of Mar. 2026. GuruFocus rates ROCO:3521 with a GF Score™ of 59/100 and a GF Value™ of NT$10.84 (Modestly Overvalued). The stock has 3 warning signs investors should review.

TSG Development Co's Accounts Payable for the quarter that ended in Mar. 2026 was NT$0.0 Mil.

TSG Development Co's quarterly Accounts Payable declined from Sep. 2025 (NT$0.0 Mil) to Dec. 2025 (NT$0.0 Mil) but then stayed the same from Dec. 2025 (NT$0.0 Mil) to Mar. 2026 (NT$0.0 Mil).

TSG Development Co's annual Accounts Payable declined from Dec. 2023 (NT$18.2 Mil) to Dec. 2024 (NT$3.6 Mil) and declined from Dec. 2024 (NT$3.6 Mil) to Dec. 2025 (NT$0.0 Mil).

TSG Development Co Accounts Payable Related Terms

TSG Development Co Accounts Payable Historical Data

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The historical data trend for TSG Development Co's Accounts 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.

TSG Development Co Accounts Payable Chart

TSG Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.29 10.43 18.17 3.60 0.00

TSG Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 5.17 0.02 0.02 0.00 0.00
ROCO:3521
59GF Score
TSG Development Co Ltd ROCO:3521
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TSG Development Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of NT$0.0 Mil mean?
TSG Development Co (ROCO:3521) has a Accounts Payable of NT$0.0 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on TSG Development Co and its competitors.
Is TSG Development Co's Accounts Payable too high?
TSG Development Co's current Accounts Payable is NT$0.0 Mil. Overall, TSG Development Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's Accounts Payable compare to PWR and FIX?
TSG Development Co's Accounts Payable of NT$0.0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Construction company?
A good Accounts Payable depends on the Construction industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on TSG Development Co and its competitors. TSG Development Co's current Accounts Payable is NT$0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.84, compared to a current price of NT$12.65 — trading 16.7% above its estimated fair value. The current Accounts Payable is NT$0.0 Mil. TSG Development Co's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For TSG Development Co (ROCO:3521), the current Accounts Payable is NT$0.0 Mil as of Mar. 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 TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$12.65 is trading 16.7% above its estimated GF Value™ of NT$10.84. GuruFocus considers TSG Development Co to be Modestly Overvalued.

Key valuation signals for ROCO:3521:

  • Accounts Payable: NT$0.0 Mil
  • GF Value™: NT$10.84 vs. price of NT$12.65 (16.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
59GF Score

Get the complete analysis for ROCO:3521

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

NT$12.65
Price
NT$10.84
GF Value