Tianyi Water Energy Solutions (ROCO:4530) Days Payable: 103.01 (As of Mar. 2026) — 225% Above Median

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ROCO:4530 Tianyi Water Energy Solutions Inc ROCO:4530
60 GF Score
Price NT$26.50
GF Value NT$39.47
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tianyi Water Energy Solutions Days Payable?

Tianyi Water Energy Solutions ROCO:4530 -1.12% 60 Days Payable is 103.01 as of Mar. 2026, which is 225% above its 10-year median of 31.73. GuruFocus rates ROCO:4530 with a GF Score™ of 60/100 and a GF Value™ of NT$39.47 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,994 Industrial Products companies, Tianyi Water Energy Solutions ranks better than 53.01% on this metric.

Tianyi Water Energy Solutions's average Accounts Payable for the three months ended in Mar. 2026 was NT$59.7 Mil. Tianyi Water Energy Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$52.9 Mil. Hence, Tianyi Water Energy Solutions's Days Payable for the three months ended in Mar. 2026 was 103.01.

The historical rank and industry rank for Tianyi Water Energy Solutions'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: 82.74

During the past 13 years, Tianyi Water Energy Solutions'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 better than
53.01% of 2994 companies
in the Industrial Products industry
Industry Median: 77.25 vs ROCO:4530: 82.74

Tianyi Water Energy Solutions's Days Payable increased from Mar. 2025 (58.17) to Mar. 2026 (103.01). It may suggest that Tianyi Water Energy Solutions delayed paying its suppliers.


Tianyi Water Energy Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Tianyi Water Energy Solutions'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.

Tianyi Water Energy Solutions Days Payable Chart

Tianyi Water Energy Solutions 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

Tianyi Water Energy Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 58.17 91.01 66.73 80.34 103.01

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

For the Metal Fabrication subindustry, Tianyi Water Energy Solutions'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.


Tianyi Water Energy Solutions Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianyi Water Energy Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianyi Water Energy Solutions's Days Payable falls into.


ROCO:4530
60GF Score
Tianyi Water Energy Solutions Inc ROCO:4530
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianyi Water Energy Solutions 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.

Tianyi Water Energy Solutions'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

Tianyi Water Energy Solutions's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (62.713 + 56.764) / 2 ) / 52.921*365 / 4
=59.7385 / 52.921*365 / 4
=103.01

* 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 103.01 mean?
Tianyi Water Energy Solutions (ROCO:4530) has a Days Payable of 103.01 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tianyi Water Energy Solutions and its competitors. This is 225% above median its historical median of 31.73. Over the past decade, Tianyi Water Energy Solutions' Days Payable has ranged from 11.01 to 115.04. According to the industry distribution chart, Tianyi Water Energy Solutions ranks #1407 out of 2994 companies in the Industrial Products industry, placing it in the top 47%.
Is Tianyi Water Energy Solutions' Days Payable too high?
Tianyi Water Energy Solutions' current Days Payable of 103.01 is 225% 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 77.25. Tianyi Water Energy Solutions' value of 103.01 is 33.3% above this industry median. Based on the distribution chart, Tianyi Water Energy Solutions ranks #1407 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tianyi Water Energy Solutions has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tianyi Water Energy Solutions' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Tianyi Water Energy Solutions ranks #1407 out of 2994 companies for Days Payable. This puts Tianyi Water Energy Solutions in the upper half of its industry. The industry median Days Payable is 77.25. Tianyi Water Energy Solutions' value of 103.01 is 33.3% above this benchmark. Historically, Tianyi Water Energy Solutions' 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 77.25, Tianyi Water Energy Solutions 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 77.25, based on 2,994 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. Tianyi Water Energy Solutions's current Days Payable of 103.01 is 33.3% 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 Tianyi Water Energy Solutions and its competitors. For the Industrial Products industry, the median Days Payable is 77.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianyi Water Energy Solutions's current Days Payable is 103.01, which is 225% 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 Tianyi Water Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Tianyi Water Energy Solutions (ROCO:4530) is currently considered Possible Value Trap. The stock's GF Value™ is NT$39.47, compared to a current price of NT$26.50 — trading 32.9% below its estimated fair value. The current Days Payable is 103.01, which is 225% above median its 10-year median of 31.73 and 33.3% above the Industrial Products industry median of 77.25. Tianyi Water Energy Solutions' overall GF Score™ is 60/100 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 Tianyi Water Energy Solutions (ROCO:4530), the current Days Payable is 103.01 as of Mar. 2026. 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 Tianyi Water Energy Solutions (ROCO:4530) Overvalued in 2026?

Based on GuruFocus' analysis, Tianyi Water Energy Solutions stock appears to be undervalued. The current stock price of NT$26.50 is trading 32.9% below its estimated GF Value™ of NT$39.47. GuruFocus considers Tianyi Water Energy Solutions to be Possible Value Trap.

Key valuation signals for ROCO:4530:

  • Days Payable: 103.01 (225% above median its 10-year median of 31.73)
  • GF Value™: NT$39.47 vs. price of NT$26.50 (32.9% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 33.3% above the Industrial Products median (#1407 of 2994)

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.


Tianyi Water Energy Solutions 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.
60GF 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$26.50
Price
NT$39.47
GF Value