Huang Long Development Co (ROCO:3512) Days Payable: 63.26 (As of Dec. 2025) — 27% Below Median

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ROCO:3512 Huang Long Development Co Ltd ROCO:3512
61 GF Score
Price NT$19.70
GF Value NT$19.25
Valuation Fairly Valued
! 2 Warning Signs
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What is Huang Long Development Co Days Payable?

Huang Long Development Co ROCO:3512 -0.76% 61 Days Payable is 63.26 as of Dec. 2025, which is 27% below its 10-year median of 86.36. GuruFocus rates ROCO:3512 with a GF Score™ of 61/100 and a GF Value™ of NT$19.25 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,568 Real Estate companies, Huang Long Development Co ranks worse than 50.45% on this metric.

Huang Long Development Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$258 Mil. Huang Long Development Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$372 Mil. Hence, Huang Long Development Co's Days Payable for the three months ended in Dec. 2025 was 63.26.

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

ROCO:3512' s Days Payable Range Over the Past 10 Years
Min: 45.68   Med: 86.36   Max: 184.75
Current: 92.64

During the past 13 years, Huang Long Development Co's highest Days Payable was 184.75. The lowest was 45.68. And the median was 86.36.

ROCO:3512's Days Payable is ranked worse than
50.45% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs ROCO:3512: 92.64

Huang Long Development Co's Days Payable declined from Dec. 2024 (128.78) to Dec. 2025 (63.26). It may suggest that Huang Long Development Co accelerated paying its suppliers.


Huang Long Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Huang Long Development 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.

Huang Long Development Co Days Payable Chart

Huang Long Development 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 75.44 66.79 45.68 132.20 90.82

Huang Long Development Co 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 128.78 38.72 527.79 1,742.30 63.26

ROCO:3512 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Huang Long Development 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.


Huang Long Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Huang Long Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huang Long Development Co's Days Payable falls into.


ROCO:3512
61GF Score
Huang Long Development Co Ltd ROCO:3512
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Huang Long Development 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.

Huang Long Development 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
=( (214.25 + 249.491) / 2 ) / 931.889*365
=231.8705 / 931.889*365
=90.82

Huang Long Development Co'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
=( (265.798 + 249.491) / 2 ) / 371.622*365 / 4
=257.6445 / 371.622*365 / 4
=63.26

* 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 63.26 mean?
Huang Long Development Co (ROCO:3512) has a Days Payable of 63.26 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 Huang Long Development Co and its competitors. This is 27% below median its historical median of 86.36. Over the past decade, Huang Long Development Co's Days Payable has ranged from 45.68 to 184.75. According to the industry distribution chart, Huang Long Development Co ranks #791 out of 1568 companies in the Real Estate industry, placing it in the top 50.4%.
Is Huang Long Development Co's Days Payable too high?
Huang Long Development Co's current Days Payable of 63.26 is 27% below median its 10-year median of 86.36. Over the past 10 years, this metric has ranged from a low of 45.68 to a high of 184.75. The Real Estate industry median Days Payable is 94.38. Huang Long Development Co's value of 63.26 is 33% below this industry median. Based on the distribution chart, Huang Long Development Co ranks #791 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Huang Long Development Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huang Long Development Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Huang Long Development Co ranks #791 out of 1568 companies for Days Payable. This places Huang Long Development Co in the lower half of its industry. The industry median Days Payable is 94.38. Huang Long Development Co's value of 63.26 is 33% below this benchmark. Historically, Huang Long Development Co's own Days Payable has ranged from 45.68 to 184.75 over the past decade. While the company's 10-year median is 86.36 vs. the industry median of 94.38, Huang Long Development Co has consistently been below 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 94.38, based on 1,568 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. Huang Long Development Co's current Days Payable of 63.26 is 33% below 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 Huang Long Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huang Long Development Co's current Days Payable is 63.26, which is 27% below median its own 10-year median of 86.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huang Long Development Co stock overvalued right now?
Based on GuruFocus' analysis, Huang Long Development Co (ROCO:3512) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.25, compared to a current price of NT$19.70 — trading 2.3% above its estimated fair value. The current Days Payable is 63.26, which is 27% below median its 10-year median of 86.36 and 33% below the Real Estate industry median of 94.38. Huang Long Development Co's overall GF Score™ is 61/100 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 Huang Long Development Co (ROCO:3512), the current Days Payable is 63.26 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 Huang Long Development Co (ROCO:3512) Overvalued in 2026?

Based on GuruFocus' analysis, Huang Long Development Co stock appears to be overvalued. The current stock price of NT$19.70 is trading 2.3% above its estimated GF Value™ of NT$19.25. GuruFocus considers Huang Long Development Co to be Fairly Valued.

Key valuation signals for ROCO:3512:

  • Days Payable: 63.26 (27% below median its 10-year median of 86.36)
  • GF Value™: NT$19.25 vs. price of NT$19.70 (2.3% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 33% below the Real Estate median (#791 of 1568)

No single metric tells the full story. See the ROCO:3512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huang Long Development Co Business Description

Address No. 171, Songde Road, 16th Floor-2, Xinyi District, Taipei City, TWN, 110
Huang Long Development Co Ltd is a Taiwan-based real estate company. The company is engaged in the production and sale of various new types of electronic components, real estate trading, and residential and office building development, renting, and sales. The company has two segments: the Electronics Business segment and the Construction segment, which generates the maximum revenue. It operates in Taiwan, China, and other countries.
61GF Score

Get the complete analysis for ROCO:3512

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

NT$19.70
Price
NT$19.25
GF Value