Honyi International Co (ROCO:4530) Days Payable: 80.34 (As of Dec. 2025) — 153% Above Median


ROCO:4530 Honyi International Co Ltd ROCO:4530
63 GF Score
Price NT$26.20
GF Value NT$41.14
Valuation Possible Value Trap
! 1 Warning Sign
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What is Honyi International Co Days Payable?

Honyi International Co ROCO:4530 -0.38% 63 Days Payable is 80.34 as of Dec. 2025, which is 153% above its 10-year median of 31.73. GuruFocus rates ROCO:4530 with a GF Score™ of 63/100 and a GF Value™ of NT$41.14 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,992 Industrial Products companies, Honyi International Co ranks worse than 57.02% on this metric.

Honyi International Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$58.2 Mil. Honyi International Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$66.1 Mil. Hence, Honyi International Co's Days Payable for the three months ended in Dec. 2025 was 80.34.

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

ROCO:4530' s Days Payable Range Over the Past 10 Years
Min: 11.01   Med: 31.73   Max: 115.04
Current: 66.26

During the past 13 years, Honyi International Co's highest Days Payable was 115.04. The lowest was 11.01. And the median was 31.73.

ROCO:4530's Days Payable is ranked worse than
57.02% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs ROCO:4530: 66.26

Honyi International Co's Days Payable increased from Dec. 2024 (39.37) to Dec. 2025 (80.34). It may suggest that Honyi International Co delayed paying its suppliers.


Honyi International Co Days Payable Historical Data

* Premium members only.

The historical data trend for Honyi International 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.

Honyi International Co Days Payable Chart

Honyi International 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 11.68 13.83 11.01 31.94 57.00

Honyi International 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 39.37 40.90 91.01 66.73 80.34

ROCO:4530 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Honyi International 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.


Honyi International Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honyi International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Honyi International Co's Days Payable falls into.


ROCO:4530
63GF Score
Honyi International Co Ltd ROCO:4530
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Honyi International 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.

Honyi International 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
=( (3.297 + 62.713) / 2 ) / 211.332*365
=33.005 / 211.332*365
=57.00

Honyi International 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
=( (53.591 + 62.713) / 2 ) / 66.05*365 / 4
=58.152 / 66.05*365 / 4
=80.34

* 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 80.34 mean?
Honyi International Co (ROCO:4530) has a Days Payable of 80.34 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 Honyi International Co and its competitors. This is 153% above median its historical median of 31.73. Over the past decade, Honyi International Co's Days Payable has ranged from 11.01 to 115.04. According to the industry distribution chart, Honyi International Co ranks #1706 out of 2992 companies in the Industrial Products industry, placing it in the top 57%.
Is Honyi International Co's Days Payable too high?
Honyi International Co's current Days Payable of 80.34 is 153% above median its 10-year median of 31.73. Over the past 10 years, this metric has ranged from a low of 11.01 to a high of 115.04. The Industrial Products industry median Days Payable is 78.08. Honyi International Co's value of 80.34 is 2.9% above this industry median. Based on the distribution chart, Honyi International Co ranks #1706 out of 2992 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Honyi International 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 Honyi International Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Honyi International Co ranks #1706 out of 2992 companies for Days Payable. This places Honyi International Co in the lower half of its industry. The industry median Days Payable is 78.08. Honyi International Co's value of 80.34 is 2.9% above this benchmark. Historically, Honyi International Co's own Days Payable has ranged from 11.01 to 115.04 over the past decade. While the company's 10-year median is 31.73 vs. the industry median of 78.08, Honyi International Co 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 78.08, based on 2,992 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. Honyi International Co's current Days Payable of 80.34 is 2.9% 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 Honyi International Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honyi International Co's current Days Payable is 80.34, which is 153% above median its own 10-year median of 31.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honyi International Co stock overvalued right now?
Based on GuruFocus' analysis, Honyi International Co (ROCO:4530) is currently considered Possible Value Trap. The stock's GF Value™ is NT$41.14, compared to a current price of NT$26.20 — trading 36.3% below its estimated fair value. The current Days Payable is 80.34, which is 153% above median its 10-year median of 31.73 and 2.9% above the Industrial Products industry median of 78.08. Honyi International Co's overall GF Score™ is 63/100 with 1 warning sign 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 Honyi International Co (ROCO:4530), the current Days Payable is 80.34 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 Honyi International Co (ROCO:4530) Overvalued in 2026?

Based on GuruFocus' analysis, Honyi International Co stock appears to be undervalued. The current stock price of NT$26.20 is trading 36.3% below its estimated GF Value™ of NT$41.14. GuruFocus considers Honyi International Co to be Possible Value Trap.

Key valuation signals for ROCO:4530:

  • Days Payable: 80.34 (153% above median its 10-year median of 31.73)
  • GF Value™: NT$41.14 vs. price of NT$26.20 (36.3% below fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 2.9% above the Industrial Products median (#1706 of 2992)

No single metric tells the full story. See the ROCO:4530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honyi International Co Business Description

Address Sec. 2, Chang\'an E. Road, 12th Floor-4, No. 112, Zhongshan Dist, Taipei, TWN, 104
Honyi International Co Ltd is engaged in processing and trading of metal forging, treatment of wastewater and sewage, wholesale of industrial additives, and construction of environmental protection engineering projects. Its segments include catering segment, metal forging and processing segment, environmental engineering segment, and other segments. The majority of the revenue is derived from the environmental engineering segment.
63GF Score

Get the complete analysis for ROCO:4530

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

NT$26.20
Price
NT$41.14
GF Value