Wholetech System Hitech (ROCO:3402) Days Payable: 175.08 (As of Dec. 2025) — 11% Above Median


ROCO:3402 Wholetech System Hitech Ltd ROCO:3402
75 GF Score
Price NT$147.00
GF Value NT$100.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Wholetech System Hitech Days Payable?

Wholetech System Hitech ROCO:3402 -3.92% 75 Days Payable is 175.08 as of Dec. 2025, which is 11% above its 10-year median of 157.85. GuruFocus rates ROCO:3402 with a GF Score™ of 75/100 and a GF Value™ of NT$100.02 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,987 Industrial Products companies, Wholetech System Hitech ranks better than 80.05% on this metric.

Wholetech System Hitech's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,073 Mil. Wholetech System Hitech's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,080 Mil. Hence, Wholetech System Hitech's Days Payable for the three months ended in Dec. 2025 was 175.08.

The historical rank and industry rank for Wholetech System Hitech's Days Payable or its related term are showing as below:

ROCO:3402' s Days Payable Range Over the Past 10 Years
Min: 87.5   Med: 157.85   Max: 184.19
Current: 167.09

During the past 13 years, Wholetech System Hitech's highest Days Payable was 184.19. The lowest was 87.50. And the median was 157.85.

ROCO:3402's Days Payable is ranked better than
80.05% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:3402: 167.09

Wholetech System Hitech's Days Payable increased from Dec. 2024 (128.44) to Dec. 2025 (175.08). It may suggest that Wholetech System Hitech delayed paying its suppliers.


Wholetech System Hitech Days Payable Historical Data

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The historical data trend for Wholetech System Hitech'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.

Wholetech System Hitech Days Payable Chart

Wholetech System Hitech 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 179.47 158.66 184.19 137.20 157.13

Wholetech System Hitech 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 128.44 147.85 174.69 179.43 175.08

ROCO:3402 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Wholetech System Hitech'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.


Wholetech System Hitech Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wholetech System Hitech's Days Payable distribution charts can be found below:

* The bar in red indicates where Wholetech System Hitech's Days Payable falls into.


ROCO:3402
75GF Score
Wholetech System Hitech Ltd ROCO:3402
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wholetech System Hitech 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.

Wholetech System Hitech'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
=( (1451.962 + 1979.714) / 2 ) / 3985.75*365
=1715.838 / 3985.75*365
=157.13

Wholetech System Hitech'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
=( (2165.959 + 1979.714) / 2 ) / 1080.345*365 / 4
=2072.8365 / 1080.345*365 / 4
=175.08

* 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 175.08 mean?
Wholetech System Hitech (ROCO:3402) has a Days Payable of 175.08 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 Wholetech System Hitech and its competitors. This is 11% above median its historical median of 157.85. Over the past decade, Wholetech System Hitech's Days Payable has ranged from 87.50 to 184.19. According to the industry distribution chart, Wholetech System Hitech ranks #596 out of 2987 companies in the Industrial Products industry, placing it in the top 20%.
Is Wholetech System Hitech's Days Payable too high?
Wholetech System Hitech's current Days Payable of 175.08 is 11% above median its 10-year median of 157.85. Over the past 10 years, this metric has ranged from a low of 87.50 to a high of 184.19. The Industrial Products industry median Days Payable is 78.05. Wholetech System Hitech's value of 175.08 is 124.3% above this industry median. Based on the distribution chart, Wholetech System Hitech ranks #596 out of 2987 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Wholetech System Hitech has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wholetech System Hitech's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Wholetech System Hitech ranks #596 out of 2987 companies for Days Payable. This places Wholetech System Hitech in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Wholetech System Hitech's value of 175.08 is 124.3% above this benchmark. Historically, Wholetech System Hitech's own Days Payable has ranged from 87.50 to 184.19 over the past decade. While the company's 10-year median is 157.85 vs. the industry median of 78.05, Wholetech System Hitech 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Wholetech System Hitech's current Days Payable of 175.08 is 124.3% 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 Wholetech System Hitech and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholetech System Hitech's current Days Payable is 175.08, which is 11% above median its own 10-year median of 157.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholetech System Hitech stock overvalued right now?
Based on GuruFocus' analysis, Wholetech System Hitech (ROCO:3402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$100.02, compared to a current price of NT$147.00 — trading 47% above its estimated fair value. The current Days Payable is 175.08, which is 11% above median its 10-year median of 157.85 and 124.3% above the Industrial Products industry median of 78.05. Wholetech System Hitech's overall GF Score™ is 75/100 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 Wholetech System Hitech (ROCO:3402), the current Days Payable is 175.08 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 Wholetech System Hitech (ROCO:3402) Overvalued in 2026?

Based on GuruFocus' analysis, Wholetech System Hitech stock appears to be overvalued. The current stock price of NT$147.00 is trading 47% above its estimated GF Value™ of NT$100.02. GuruFocus considers Wholetech System Hitech to be Significantly Overvalued.

Key valuation signals for ROCO:3402:

  • Days Payable: 175.08 (11% above median its 10-year median of 157.85)
  • GF Value™: NT$100.02 vs. price of NT$147.00 (47% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 124.3% above the Industrial Products median (#596 of 2987)

No single metric tells the full story. See the ROCO:3402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wholetech System Hitech Business Description

Address No. 14, Donghua Road, 8th Floor-1, Xiangshan District, Hsinchu City, TWN, 300061
Wholetech System Hitech Ltd is engaged in the design and construction of processing pipeline projects and clean room projects. It designs, plans, constructs, and tests Bulk Gas Systems, Specialty Gas Supply Systems, Pumping & Exhaust Piping System design and Gas cabinets, Gas Rack VMB, and VMP, among others.
75GF Score

Get the complete analysis for ROCO:3402

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

NT$147.00
Price
NT$100.02
GF Value