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RAC Electric VehiclesROCO:2237 -1.52%54 Days Payable is 89.28 as of Dec. 2025, which is 5% below its 10-year median of 94.16. GuruFocus rates ROCO:2237 with a GF Score™ of 54/100 and a GF Value™ of NT$39.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, RAC Electric Vehicles ranks better than 68.73% on this metric.
RAC Electric Vehicles Days Payable Historical Data
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The historical data trend for RAC Electric Vehicles'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.
For the Auto Manufacturers subindustry, RAC Electric Vehicles'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.
RAC Electric Vehicles Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, RAC Electric Vehicles's Days Payable distribution charts can be found below:
* The bar in red indicates where RAC Electric Vehicles's Days Payable falls into.
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.
RAC Electric Vehicles's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
RAC Electric Vehicles (ROCO:2237) has a Days Payable of 89.28 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 RAC Electric Vehicles and its competitors. This is near median its historical median of 94.16. Over the past decade, RAC Electric Vehicles' Days Payable has ranged from 56.74 to 159.40. According to the industry distribution chart, RAC Electric Vehicles ranks #409 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 31.3%.
Is RAC Electric Vehicles' Days Payable too high?
RAC Electric Vehicles' current Days Payable of 89.28 is near median its 10-year median of 94.16. Over the past 10 years, this metric has ranged from a low of 56.74 to a high of 159.40. The Vehicles & Parts industry median Days Payable is 67.09. RAC Electric Vehicles' value of 89.28 is 33.1% above this industry median. Based on the distribution chart, RAC Electric Vehicles ranks #409 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, RAC Electric Vehicles has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAC Electric Vehicles' Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, RAC Electric Vehicles ranks #409 out of 1308 companies for Days Payable. This puts RAC Electric Vehicles in the upper half of its industry. The industry median Days Payable is 67.09. RAC Electric Vehicles' value of 89.28 is 33.1% above this benchmark. Historically, RAC Electric Vehicles' own Days Payable has ranged from 56.74 to 159.40 over the past decade. While the company's 10-year median is 94.16 vs. the industry median of 67.09, RAC Electric Vehicles 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 67.09, based on 1,308 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. RAC Electric Vehicles's current Days Payable of 89.28 is 33.1% 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 RAC Electric Vehicles and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAC Electric Vehicles's current Days Payable is 89.28, which is near median its own 10-year median of 94.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAC Electric Vehicles stock overvalued right now?
Based on GuruFocus' analysis, RAC Electric Vehicles (ROCO:2237) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$39.79, compared to a current price of NT$32.50 — trading 18.3% below its estimated fair value. The current Days Payable is 89.28, which is near median its 10-year median of 94.16 and 33.1% above the Vehicles & Parts industry median of 67.09. RAC Electric Vehicles' overall GF Score™ is 54/100 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 RAC Electric Vehicles (ROCO:2237), the current Days Payable is 89.28 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 RAC Electric Vehicles (ROCO:2237) Overvalued in 2026?
Based on GuruFocus' analysis, RAC Electric Vehicles stock appears to be undervalued.
The current stock price of NT$32.50 is trading 18.3% below its estimated GF Value™ of NT$39.79.
GuruFocus considers RAC Electric Vehicles to be Modestly Undervalued.
Key valuation signals for ROCO:2237:
Days Payable: 89.28 (near median its 10-year median of 94.16)
GF Value™: NT$39.79 vs. price of NT$32.50 (18.3% below fair value)
Industry Position: 33.1% above the Vehicles & Parts median (#409 of 1308)
No single metric tells the full story. See the ROCO:2237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RAC Electric Vehicles Inc is a Taiwan-licensed car manufacturer, to develop an all-electric low-floor city bus. The comapny's main businesses include battery manufacturing, battery wholesale, manufacturing of automotive and parts, and the retail of auto and motorcycle parts and accessories.
54GF Score
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