Realy Developmentnstruction (ROCO:2596) Days Payable: 111.45 (As of Dec. 2025) — 131% Above Median

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ROCO:2596 Realy Development & Construction Corp ROCO:2596
57 GF Score
Price NT$30.80
GF Value NT$58.83
Valuation Possible Value Trap
! 7 Warning Signs
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What is Realy Developmentnstruction Days Payable?

Realy Developmentnstruction ROCO:2596 -3.45% 57 Days Payable is 111.45 as of Dec. 2025, which is 131% above its 10-year median of 48.25. GuruFocus rates ROCO:2596 with a GF Score™ of 57/100 and a GF Value™ of NT$58.83 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,571 Real Estate companies, Realy Developmentnstruction ranks better than 51.5% on this metric.

Realy Developmentnstruction's average Accounts Payable for the three months ended in Dec. 2025 was NT$321 Mil. Realy Developmentnstruction's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$263 Mil. Hence, Realy Developmentnstruction's Days Payable for the three months ended in Dec. 2025 was 111.45.

The historical rank and industry rank for Realy Developmentnstruction's Days Payable or its related term are showing as below:

ROCO:2596' s Days Payable Range Over the Past 10 Years
Min: 29.2   Med: 48.25   Max: 125.41
Current: 98.16

During the past 13 years, Realy Developmentnstruction's highest Days Payable was 125.41. The lowest was 29.20. And the median was 48.25.

ROCO:2596's Days Payable is ranked better than
51.5% of 1571 companies
in the Real Estate industry
Industry Median: 94.03 vs ROCO:2596: 98.16

Realy Developmentnstruction's Days Payable increased from Dec. 2024 (47.57) to Dec. 2025 (111.45). It may suggest that Realy Developmentnstruction delayed paying its suppliers.


Realy Developmentnstruction Days Payable Historical Data

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The historical data trend for Realy Developmentnstruction'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.

Realy Developmentnstruction Days Payable Chart

Realy Developmentnstruction 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 29.20 100.04 42.41 93.84 116.91

Realy Developmentnstruction 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 47.57 73.49 54.65 295.08 111.45

Realy Developmentnstruction Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Realy Developmentnstruction'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.


Realy Developmentnstruction Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Realy Developmentnstruction's Days Payable distribution charts can be found below:

* The bar in red indicates where Realy Developmentnstruction's Days Payable falls into.


ROCO:2596
57GF Score
Realy Development & Construction Corp ROCO:2596
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Realy Developmentnstruction 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.

Realy Developmentnstruction'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
=( (216.455 + 397.624) / 2 ) / 958.589*365
=307.0395 / 958.589*365
=116.91

Realy Developmentnstruction'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
=( (244.212 + 397.624) / 2 ) / 262.745*365 / 4
=320.918 / 262.745*365 / 4
=111.45

* 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 111.45 mean?
Realy Developmentnstruction (ROCO:2596) has a Days Payable of 111.45 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 Realy Developmentnstruction and its competitors. This is 131% above median its historical median of 48.25. Over the past decade, Realy Developmentnstruction's Days Payable has ranged from 29.20 to 125.41. According to the industry distribution chart, Realy Developmentnstruction ranks #762 out of 1571 companies in the Real Estate industry, placing it in the top 48.5%.
Is Realy Developmentnstruction's Days Payable too high?
Realy Developmentnstruction's current Days Payable of 111.45 is 131% above median its 10-year median of 48.25. Over the past 10 years, this metric has ranged from a low of 29.20 to a high of 125.41. The Real Estate industry median Days Payable is 94.03. Realy Developmentnstruction's value of 111.45 is 18.5% above this industry median. Based on the distribution chart, Realy Developmentnstruction ranks #762 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, Realy Developmentnstruction has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Realy Developmentnstruction's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Realy Developmentnstruction ranks #762 out of 1571 companies for Days Payable. This puts Realy Developmentnstruction in the upper half of its industry. The industry median Days Payable is 94.03. Realy Developmentnstruction's value of 111.45 is 18.5% above this benchmark. Historically, Realy Developmentnstruction's own Days Payable has ranged from 29.20 to 125.41 over the past decade. While the company's 10-year median is 48.25 vs. the industry median of 94.03, Realy Developmentnstruction 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,571 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. Realy Developmentnstruction's current Days Payable of 111.45 is 18.5% 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 Realy Developmentnstruction and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Realy Developmentnstruction's current Days Payable is 111.45, which is 131% above median its own 10-year median of 48.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realy Developmentnstruction stock overvalued right now?
Based on GuruFocus' analysis, Realy Developmentnstruction (ROCO:2596) is currently considered Possible Value Trap. The stock's GF Value™ is NT$58.83, compared to a current price of NT$30.80 — trading 47.6% below its estimated fair value. The current Days Payable is 111.45, which is 131% above median its 10-year median of 48.25 and 18.5% above the Real Estate industry median of 94.03. Realy Developmentnstruction's overall GF Score™ is 57/100 with 7 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 Realy Developmentnstruction (ROCO:2596), the current Days Payable is 111.45 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 Realy Developmentnstruction (ROCO:2596) Overvalued in 2026?

Based on GuruFocus' analysis, Realy Developmentnstruction stock appears to be undervalued. The current stock price of NT$30.80 is trading 47.6% below its estimated GF Value™ of NT$58.83. GuruFocus considers Realy Developmentnstruction to be Possible Value Trap.

Key valuation signals for ROCO:2596:

  • Days Payable: 111.45 (131% above median its 10-year median of 48.25)
  • GF Value™: NT$58.83 vs. price of NT$30.80 (47.6% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 18.5% above the Real Estate median (#762 of 1571)

No single metric tells the full story. See the ROCO:2596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Realy Developmentnstruction Business Description

Address Section 5, Civic Boulevard, No. 69, 2nd Floor, Songshan District, Taipei, TWN
Realy Development & Construction Corp engaged in development, leasing, and sale of residential houses, buildings, and industrial plants, as well as development of special zones for specific industries, investment in public construction, and real estate agency. The group's reportable segments are First sales, Second sales, and Construction. It generates maximum revenue from the sale of real estate. It operates in Taiwan.
57GF Score

Get the complete analysis for ROCO:2596

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

NT$30.80
Price
NT$58.83
GF Value