Fine Blanking & Tool Co (ROCO:4535) Days Payable: 42.59 (As of Dec. 2025) — 11% Below Median

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ROCO:4535 Fine Blanking & Tool Co Ltd ROCO:4535
81 GF Score
Price NT$28.00
GF Value NT$28.40
Valuation Fairly Valued
! 4 Warning Signs
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What is Fine Blanking & Tool Co Days Payable?

Fine Blanking & Tool Co ROCO:4535 +2.94% 81 Days Payable is 42.59 as of Dec. 2025, which is 11% below its 10-year median of 47.83. GuruFocus rates ROCO:4535 with a GF Score™ of 81/100 and a GF Value™ of NT$28.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Fine Blanking & Tool Co ranks worse than 72.74% on this metric.

Fine Blanking & Tool Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$229 Mil. Fine Blanking & Tool Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$490 Mil. Hence, Fine Blanking & Tool Co's Days Payable for the three months ended in Dec. 2025 was 42.59.

The historical rank and industry rank for Fine Blanking & Tool Co's Days Payable or its related term are showing as below:

ROCO:4535' s Days Payable Range Over the Past 10 Years
Min: 42.71   Med: 47.83   Max: 56.02
Current: 42.71

During the past 13 years, Fine Blanking & Tool Co's highest Days Payable was 56.02. The lowest was 42.71. And the median was 47.83.

ROCO:4535's Days Payable is ranked worse than
72.74% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs ROCO:4535: 42.71

Fine Blanking & Tool Co's Days Payable increased from Dec. 2024 (39.76) to Dec. 2025 (42.59). It may suggest that Fine Blanking & Tool Co delayed paying its suppliers.


Fine Blanking & Tool Co Days Payable Historical Data

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The historical data trend for Fine Blanking & Tool 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.

Fine Blanking & Tool Co Days Payable Chart

Fine Blanking & Tool 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 49.20 43.42 45.73 43.70 48.32

Fine Blanking & Tool 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 39.76 46.02 37.76 39.02 42.59

ROCO:4535 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Fine Blanking & Tool 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.


Fine Blanking & Tool Co Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Fine Blanking & Tool Co's Days Payable falls into.


ROCO:4535
81GF Score
Fine Blanking & Tool Co Ltd ROCO:4535
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fine Blanking & Tool 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.

Fine Blanking & Tool 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
=( (284.544 + 249.956) / 2 ) / 2018.961*365
=267.25 / 2018.961*365
=48.32

Fine Blanking & Tool 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
=( (207.778 + 249.956) / 2 ) / 490.321*365 / 4
=228.867 / 490.321*365 / 4
=42.59

* 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 42.59 mean?
Fine Blanking & Tool Co (ROCO:4535) has a Days Payable of 42.59 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 Fine Blanking & Tool Co and its competitors. This is 11% below median its historical median of 47.83. Over the past decade, Fine Blanking & Tool Co's Days Payable has ranged from 42.71 to 56.02. According to the industry distribution chart, Fine Blanking & Tool Co ranks #950 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 72.7%.
Is Fine Blanking & Tool Co's Days Payable too high?
Fine Blanking & Tool Co's current Days Payable of 42.59 is 11% below median its 10-year median of 47.83. Over the past 10 years, this metric has ranged from a low of 42.71 to a high of 56.02. The Vehicles & Parts industry median Days Payable is 67.14. Fine Blanking & Tool Co's value of 42.59 is 36.6% below this industry median. Based on the distribution chart, Fine Blanking & Tool Co ranks #950 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Fine Blanking & Tool Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Blanking & Tool Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Fine Blanking & Tool Co ranks #950 out of 1306 companies for Days Payable. This places Fine Blanking & Tool Co in the lower half of its industry. The industry median Days Payable is 67.14. Fine Blanking & Tool Co's value of 42.59 is 36.6% below this benchmark. Historically, Fine Blanking & Tool Co's own Days Payable has ranged from 42.71 to 56.02 over the past decade. While the company's 10-year median is 47.83 vs. the industry median of 67.14, Fine Blanking & Tool 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 67.14, based on 1,306 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. Fine Blanking & Tool Co's current Days Payable of 42.59 is 36.6% 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 Fine Blanking & Tool Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Blanking & Tool Co's current Days Payable is 42.59, which is 11% below median its own 10-year median of 47.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Blanking & Tool Co stock overvalued right now?
Based on GuruFocus' analysis, Fine Blanking & Tool Co (ROCO:4535) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.40, compared to a current price of NT$28.00 — trading 1.4% below its estimated fair value. The current Days Payable is 42.59, which is 11% below median its 10-year median of 47.83 and 36.6% below the Vehicles & Parts industry median of 67.14. Fine Blanking & Tool Co's overall GF Score™ is 81/100 with 4 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 Fine Blanking & Tool Co (ROCO:4535), the current Days Payable is 42.59 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 Fine Blanking & Tool Co (ROCO:4535) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Blanking & Tool Co stock appears to be undervalued. The current stock price of NT$28.00 is trading 1.4% below its estimated GF Value™ of NT$28.40. GuruFocus considers Fine Blanking & Tool Co to be Fairly Valued.

Key valuation signals for ROCO:4535:

  • Days Payable: 42.59 (11% below median its 10-year median of 47.83)
  • GF Value™: NT$28.40 vs. price of NT$28.00 (1.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 36.6% below the Vehicles & Parts median (#950 of 1306)

No single metric tells the full story. See the ROCO:4535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fine Blanking & Tool Co Business Description

Address Gong 8th Road, No 3, Quanxing Industrial Zone, Xidi Village, Shengang Township, Changhua County, Changhua, TWN
Fine Blanking & Tool Co Ltd is a Taiwan-based manufacturer and seller of automobile and motorcycle parts, and various molds. Its product portfolio includes auto parts, locomotive stamping parts, bicycle parts, Fine blanking parts, and off-road. The group operates in two segments that include Domestic Operations and Overseas Operations. The majority of revenue is generated from the Overseas Operations segment, which is engaged in the manufacturing, processing, and production of various products and precision stamping parts for automobiles, motorcycles, and special vehicles. Geographically, the company derives key revenue from Asia (excluding Taiwan) and the rest from America, Europe, and Taiwan.
81GF Score

Get the complete analysis for ROCO:4535

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

NT$28.00
Price
NT$28.40
GF Value