Bright Sheland International Co (ROCO:4556) Days Payable: 33.13 (As of Mar. 2026) — Near Median

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ROCO:4556 Bright Sheland International Co Ltd ROCO:4556
59 GF Score
Price NT$79.20
GF Value NT$35.18
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Bright Sheland International Co Days Payable?

Bright Sheland International Co ROCO:4556 -7.37% 59 Days Payable is 33.13 as of Mar. 2026, which is 2% above its 10-year median of 32.46. GuruFocus rates ROCO:4556 with a GF Score™ of 59/100 and a GF Value™ of NT$35.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,994 Industrial Products companies, Bright Sheland International Co ranks worse than 83.77% on this metric.

Bright Sheland International Co's average Accounts Payable for the three months ended in Mar. 2026 was NT$38.8 Mil. Bright Sheland International Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$106.9 Mil. Hence, Bright Sheland International Co's Days Payable for the three months ended in Mar. 2026 was 33.13.

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

ROCO:4556' s Days Payable Range Over the Past 10 Years
Min: 23.66   Med: 32.46   Max: 51.19
Current: 34.21

During the past 13 years, Bright Sheland International Co's highest Days Payable was 51.19. The lowest was 23.66. And the median was 32.46.

ROCO:4556's Days Payable is ranked worse than
83.77% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs ROCO:4556: 34.21

Bright Sheland International Co's Days Payable declined from Mar. 2025 (36.77) to Mar. 2026 (33.13). It may suggest that Bright Sheland International Co accelerated paying its suppliers.


Bright Sheland International Co Days Payable Related Terms


Bright Sheland International Co Days Payable Historical Data

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The historical data trend for Bright Sheland 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.

Bright Sheland International Co Days Payable Chart

Bright Sheland 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 37.15 31.71 25.63 23.66 32.62

Bright Sheland International Co 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 36.77 33.53 40.02 31.09 33.13

ROCO:4556 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Bright Sheland 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.


Bright Sheland International Co Days Payable vs Industrial Products Industry

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

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


ROCO:4556
59GF Score
Bright Sheland International Co Ltd ROCO:4556
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Sheland 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.

Bright Sheland 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
=( (35.106 + 37.665) / 2 ) / 407.124*365
=36.3855 / 407.124*365
=32.62

Bright Sheland International Co'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
=( (37.665 + 39.973) / 2 ) / 106.931*365 / 4
=38.819 / 106.931*365 / 4
=33.13

* 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 33.13 mean?
Bright Sheland International Co (ROCO:4556) has a Days Payable of 33.13 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 Bright Sheland International Co and its competitors. This is near median its historical median of 32.46. Over the past decade, Bright Sheland International Co's Days Payable has ranged from 23.66 to 51.19. According to the industry distribution chart, Bright Sheland International Co ranks #2508 out of 2994 companies in the Industrial Products industry, placing it in the top 83.8%.
Is Bright Sheland International Co's Days Payable too high?
Bright Sheland International Co's current Days Payable of 33.13 is near median its 10-year median of 32.46. Over the past 10 years, this metric has ranged from a low of 23.66 to a high of 51.19. The Industrial Products industry median Days Payable is 78.07. Bright Sheland International Co's value of 33.13 is 57.6% below this industry median. Based on the distribution chart, Bright Sheland International Co ranks #2508 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Bright Sheland International Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Sheland International Co's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Bright Sheland International Co ranks #2508 out of 2994 companies for Days Payable. This places Bright Sheland International Co in the lower half of its industry. The industry median Days Payable is 78.07. Bright Sheland International Co's value of 33.13 is 57.6% below this benchmark. Historically, Bright Sheland International Co's own Days Payable has ranged from 23.66 to 51.19 over the past decade. While the company's 10-year median is 32.46 vs. the industry median of 78.07, Bright Sheland International 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, 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. Bright Sheland International Co's current Days Payable of 33.13 is 57.6% 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 Bright Sheland International Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Sheland International Co's current Days Payable is 33.13, which is near median its own 10-year median of 32.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Sheland International Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Sheland International Co (ROCO:4556) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.18, compared to a current price of NT$79.20 — trading 125.1% above its estimated fair value. The current Days Payable is 33.13, which is near median its 10-year median of 32.46 and 57.6% below the Industrial Products industry median of 78.07. Bright Sheland International Co's overall GF Score™ is 59/100 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 Bright Sheland International Co (ROCO:4556), the current Days Payable is 33.13 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 Bright Sheland International Co (ROCO:4556) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Sheland International Co stock appears to be overvalued. The current stock price of NT$79.20 is trading 125.1% above its estimated GF Value™ of NT$35.18. GuruFocus considers Bright Sheland International Co to be Significantly Overvalued.

Key valuation signals for ROCO:4556:

  • Days Payable: 33.13 (near median its 10-year median of 32.46)
  • GF Value™: NT$35.18 vs. price of NT$79.20 (125.1% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 57.6% below the Industrial Products median (#2508 of 2994)

No single metric tells the full story. See the ROCO:4556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Sheland International Co Business Description

Address No. 15, Kejia 6th Road, Yunlin Science and Technology Industrial Zone, Yunlin County, Douliu, TWN, 640-57
Bright Sheland International Co Ltd is a Taiwan-based company focused on industrial filtration and separation systems. The products of the company include Cartridges and Housing, Melt Blown Cartridges, Winding Cartridges, Activated Carbon Filter Cartridges, and Glass Fiber Filter Cartridges among others.
59GF Score

Get the complete analysis for ROCO:4556

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

NT$79.20
Price
NT$35.18
GF Value