EST Global Apparel Co (ROCO:4413) Days Payable: 38.43 (As of Dec. 2025) — 105% Above Median


ROCO:4413 EST Global Apparel Co Ltd ROCO:4413
63 GF Score
Price NT$14.90
GF Value NT$35.99
Valuation Possible Value Trap
! 2 Warning Signs
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What is EST Global Apparel Co Days Payable?

EST Global Apparel Co ROCO:4413 63 Days Payable is 38.43 as of Dec. 2025, which is 105% above its 10-year median of 18.79. GuruFocus rates ROCO:4413 with a GF Score™ of 63/100 and a GF Value™ of NT$35.99 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, EST Global Apparel Co ranks worse than 72.36% on this metric.

EST Global Apparel Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$61.5 Mil. EST Global Apparel Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$146.0 Mil. Hence, EST Global Apparel Co's Days Payable for the three months ended in Dec. 2025 was 38.43.

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

ROCO:4413' s Days Payable Range Over the Past 10 Years
Min: 11.71   Med: 18.79   Max: 32.04
Current: 32.04

During the past 13 years, EST Global Apparel Co's highest Days Payable was 32.04. The lowest was 11.71. And the median was 18.79.

ROCO:4413's Days Payable is ranked worse than
72.36% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs ROCO:4413: 32.04

EST Global Apparel Co's Days Payable increased from Dec. 2024 (25.71) to Dec. 2025 (38.43). It may suggest that EST Global Apparel Co delayed paying its suppliers.


EST Global Apparel Co Days Payable Historical Data

* Premium members only.

The historical data trend for EST Global Apparel 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.

EST Global Apparel Co Days Payable Chart

EST Global Apparel 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 13.37 19.02 30.26 27.98 18.55

EST Global Apparel 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 25.71 33.57 50.33 27.19 38.43

ROCO:4413 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, EST Global Apparel 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.


EST Global Apparel Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, EST Global Apparel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where EST Global Apparel Co's Days Payable falls into.


ROCO:4413
63GF Score
EST Global Apparel Co Ltd ROCO:4413
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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EST Global Apparel 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.

EST Global Apparel 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
=( (25.174 + 51.117) / 2 ) / 750.654*365
=38.1455 / 750.654*365
=18.55

EST Global Apparel 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
=( (71.858 + 51.117) / 2 ) / 145.982*365 / 4
=61.4875 / 145.982*365 / 4
=38.43

* 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 38.43 mean?
EST Global Apparel Co (ROCO:4413) has a Days Payable of 38.43 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 EST Global Apparel Co and its competitors. This is 105% above median its historical median of 18.79. Over the past decade, EST Global Apparel Co's Days Payable has ranged from 11.71 to 32.04. According to the industry distribution chart, EST Global Apparel Co ranks #733 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.4%.
Is EST Global Apparel Co's Days Payable too high?
EST Global Apparel Co's current Days Payable of 38.43 is 105% above median its 10-year median of 18.79. Over the past 10 years, this metric has ranged from a low of 11.71 to a high of 32.04. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. EST Global Apparel Co's value of 38.43 is 28.8% below this industry median. Based on the distribution chart, EST Global Apparel Co ranks #733 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, EST Global Apparel Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EST Global Apparel Co's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, EST Global Apparel Co ranks #733 out of 1013 companies for Days Payable. This places EST Global Apparel Co in the lower half of its industry. The industry median Days Payable is 53.99. EST Global Apparel Co's value of 38.43 is 28.8% below this benchmark. Historically, EST Global Apparel Co's own Days Payable has ranged from 11.71 to 32.04 over the past decade. While the company's 10-year median is 18.79 vs. the industry median of 53.99, EST Global Apparel 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. EST Global Apparel Co's current Days Payable of 38.43 is 28.8% 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 EST Global Apparel Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EST Global Apparel Co's current Days Payable is 38.43, which is 105% above median its own 10-year median of 18.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EST Global Apparel Co stock overvalued right now?
Based on GuruFocus' analysis, EST Global Apparel Co (ROCO:4413) is currently considered Possible Value Trap. The stock's GF Value™ is NT$35.99, compared to a current price of NT$14.90 — trading 58.6% below its estimated fair value. The current Days Payable is 38.43, which is 105% above median its 10-year median of 18.79 and 28.8% below the Manufacturing - Apparel & Accessories industry median of 53.99. EST Global Apparel Co's overall GF Score™ is 63/100 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 EST Global Apparel Co (ROCO:4413), the current Days Payable is 38.43 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 EST Global Apparel Co (ROCO:4413) Overvalued in 2026?

Based on GuruFocus' analysis, EST Global Apparel Co stock appears to be undervalued. The current stock price of NT$14.90 is trading 58.6% below its estimated GF Value™ of NT$35.99. GuruFocus considers EST Global Apparel Co to be Possible Value Trap.

Key valuation signals for ROCO:4413:

  • Days Payable: 38.43 (105% above median its 10-year median of 18.79)
  • GF Value™: NT$35.99 vs. price of NT$14.90 (58.6% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 28.8% below the Manufacturing - Apparel & Accessories median (#733 of 1013)

No single metric tells the full story. See the ROCO:4413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EST Global Apparel Co Business Description

Address No.252, Section 2, 8th Floor, New Taipei Blvd, Sanchong District, Taipei, TWN
EST Global Apparel Co Ltd is a Taiwan-based company engages in the clothing business. It provides yoga, functional, seamless, loungewear, denim clothing, and jacket apparel products.
63GF Score

Get the complete analysis for ROCO:4413

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

NT$14.90
Price
NT$35.99
GF Value