Tradetool Auto Co (ROCO:3685) Days Payable: 49.20 (As of Dec. 2025) — 23% Below Median

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ROCO:3685 Tradetool Auto Co Ltd ROCO:3685
48 GF Score
Price NT$40.00
GF Value NT$15.29
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Tradetool Auto Co Days Payable?

Tradetool Auto Co ROCO:3685 +8.55% 48 Days Payable is 49.20 as of Dec. 2025, which is 23% below its 10-year median of 64.15. GuruFocus rates ROCO:3685 with a GF Score™ of 48/100 and a GF Value™ of NT$15.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Tradetool Auto Co ranks worse than 58.99% on this metric.

Tradetool Auto Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$172 Mil. Tradetool Auto Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$319 Mil. Hence, Tradetool Auto Co's Days Payable for the three months ended in Dec. 2025 was 49.20.

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

ROCO:3685' s Days Payable Range Over the Past 10 Years
Min: 56.38   Med: 64.15   Max: 152.31
Current: 56.38

During the past 13 years, Tradetool Auto Co's highest Days Payable was 152.31. The lowest was 56.38. And the median was 64.15.

ROCO:3685's Days Payable is ranked worse than
58.99% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs ROCO:3685: 56.38

Tradetool Auto Co's Days Payable increased from Dec. 2024 (41.65) to Dec. 2025 (49.20). It may suggest that Tradetool Auto Co delayed paying its suppliers.


Tradetool Auto Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tradetool Auto 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.

Tradetool Auto Co Days Payable Chart

Tradetool Auto 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 58.10 60.54 62.09 59.82 65.86

Tradetool Auto 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 41.65 60.18 53.81 55.77 49.20

ROCO:3685 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Tradetool Auto 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.


Tradetool Auto Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tradetool Auto Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tradetool Auto Co's Days Payable falls into.


ROCO:3685
48GF Score
Tradetool Auto Co Ltd ROCO:3685
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tradetool Auto 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.

Tradetool Auto 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
=( (134.183 + 207.677) / 2 ) / 947.294*365
=170.93 / 947.294*365
=65.86

Tradetool Auto 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
=( (135.776 + 207.677) / 2 ) / 318.514*365 / 4
=171.7265 / 318.514*365 / 4
=49.20

* 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 49.20 mean?
Tradetool Auto Co (ROCO:3685) has a Days Payable of 49.20 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 Tradetool Auto Co and its competitors. This is 23% below median its historical median of 64.15. Over the past decade, Tradetool Auto Co's Days Payable has ranged from 56.38 to 152.31. According to the industry distribution chart, Tradetool Auto Co ranks #771 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 59%.
Is Tradetool Auto Co's Days Payable too high?
Tradetool Auto Co's current Days Payable of 49.20 is 23% below median its 10-year median of 64.15. Over the past 10 years, this metric has ranged from a low of 56.38 to a high of 152.31. The Vehicles & Parts industry median Days Payable is 67.12. Tradetool Auto Co's value of 49.20 is 26.7% below this industry median. Based on the distribution chart, Tradetool Auto Co ranks #771 out of 1307 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tradetool Auto Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tradetool Auto Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tradetool Auto Co ranks #771 out of 1307 companies for Days Payable. This places Tradetool Auto Co in the lower half of its industry. The industry median Days Payable is 67.12. Tradetool Auto Co's value of 49.20 is 26.7% below this benchmark. Historically, Tradetool Auto Co's own Days Payable has ranged from 56.38 to 152.31 over the past decade. While the company's 10-year median is 64.15 vs. the industry median of 67.12, Tradetool Auto 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,307 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. Tradetool Auto Co's current Days Payable of 49.20 is 26.7% 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 Tradetool Auto Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradetool Auto Co's current Days Payable is 49.20, which is 23% below median its own 10-year median of 64.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradetool Auto Co stock overvalued right now?
Based on GuruFocus' analysis, Tradetool Auto Co (ROCO:3685) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.29, compared to a current price of NT$40.00 — trading 161.6% above its estimated fair value. The current Days Payable is 49.20, which is 23% below median its 10-year median of 64.15 and 26.7% below the Vehicles & Parts industry median of 67.12. Tradetool Auto Co's overall GF Score™ is 48/100 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 Tradetool Auto Co (ROCO:3685), the current Days Payable is 49.20 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 Tradetool Auto Co (ROCO:3685) Overvalued in 2026?

Based on GuruFocus' analysis, Tradetool Auto Co stock appears to be overvalued. The current stock price of NT$40.00 is trading 161.6% above its estimated GF Value™ of NT$15.29. GuruFocus considers Tradetool Auto Co to be Significantly Overvalued.

Key valuation signals for ROCO:3685:

  • Days Payable: 49.20 (23% below median its 10-year median of 64.15)
  • GF Value™: NT$15.29 vs. price of NT$40.00 (161.6% above fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 26.7% below the Vehicles & Parts median (#771 of 1307)

No single metric tells the full story. See the ROCO:3685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradetool Auto Co Business Description

Address No. 213 Chaofu Road, Room No. 7, 4th Floor, Xitun District, Taichung City, TWN, 407
Tradetool Auto Co Ltd is engaged in manufacturing and trading light guide plates, automotive stamping and welding parts, and developing and trading related molds. The company's department includes: Optical Injection Component Department, Metal Parts Stamping Department, Solar Energy Business Department, Construction and Investment Business Department. The company generates the majority of its revenue from the Metal Parts Stamping Department, which is engaged in body metal stamping and welding, trading, and the development and trading of related molds.
48GF Score

Get the complete analysis for ROCO:3685

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

NT$40.00
Price
NT$15.29
GF Value