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Joy Industrial CoROCO:4559 +4.46%59 Days Payable is 78.75 as of Dec. 2025, which is 1% above its 10-year median of 77.59. GuruFocus rates ROCO:4559 with a GF Score™ of 59/100 and a GF Value™ of NT$8.15 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Joy Industrial Co ranks better than 56.85% on this metric.
The historical rank and industry rank for Joy Industrial Co's Days Payable or its related term are showing as below:
ROCO:4559'
s Days Payable Range Over the Past 10 Years
Min: 57.51 Med: 77.59 Max: 94.47
Current: 75.46
During the past 13 years, Joy Industrial Co's highest Days Payable was 94.47. The lowest was 57.51. And the median was 77.59.
ROCO:4559's Days Payable is ranked better than 56.85% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 67.12
vs ROCO:4559: 75.46
Joy Industrial Co's Days Payable
increased
from Dec. 2024 (65.19) to Dec. 2025 (78.75).
It may suggest that Joy Industrial Codelayed paying its suppliers.
Joy Industrial Co Days Payable Related Terms
Joy Industrial Co Days Payable Historical Data
* Premium members only.
The historical data trend for Joy Industrial 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.
For the Auto Parts subindustry, Joy Industrial 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.
Joy Industrial Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Joy Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Joy Industrial Co's Days Payable falls into.
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.
Joy Industrial Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Joy Industrial Co (ROCO:4559) has a Days Payable of 78.75 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 Joy Industrial Co and its competitors. This is near median its historical median of 77.59. Over the past decade, Joy Industrial Co's Days Payable has ranged from 57.51 to 94.47. According to the industry distribution chart, Joy Industrial Co ranks #564 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 43.2%.
Is Joy Industrial Co's Days Payable too high?
Joy Industrial Co's current Days Payable of 78.75 is near median its 10-year median of 77.59. Over the past 10 years, this metric has ranged from a low of 57.51 to a high of 94.47. The Vehicles & Parts industry median Days Payable is 67.12. Joy Industrial Co's value of 78.75 is 17.3% above this industry median. Based on the distribution chart, Joy Industrial Co ranks #564 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Joy Industrial Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Joy Industrial Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joy Industrial Co ranks #564 out of 1307 companies for Days Payable. This puts Joy Industrial Co in the upper half of its industry. The industry median Days Payable is 67.12. Joy Industrial Co's value of 78.75 is 17.3% above this benchmark. Historically, Joy Industrial Co's own Days Payable has ranged from 57.51 to 94.47 over the past decade. While the company's 10-year median is 77.59 vs. the industry median of 67.12, Joy Industrial 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,307 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. Joy Industrial Co's current Days Payable of 78.75 is 17.3% 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 Joy Industrial Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joy Industrial Co's current Days Payable is 78.75, which is near median its own 10-year median of 77.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Joy Industrial Co (ROCO:4559) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$8.15, compared to a current price of NT$9.14 — trading 12.1% above its estimated fair value. The current Days Payable is 78.75, which is near median its 10-year median of 77.59 and 17.3% above the Vehicles & Parts industry median of 67.12. Joy Industrial Co's overall GF Score™ is 59/100 with 8 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 Joy Industrial Co (ROCO:4559), the current Days Payable is 78.75 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 Joy Industrial Co (ROCO:4559) Overvalued in 2026?
Based on GuruFocus' analysis, Joy Industrial Co stock appears to be overvalued.
The current stock price of NT$9.14 is trading 12.1% above its estimated GF Value™ of NT$8.15.
GuruFocus considers Joy Industrial Co to be Modestly Overvalued.
Key valuation signals for ROCO:4559:
Days Payable: 78.75 (near median its 10-year median of 77.59)
GF Value™: NT$8.15 vs. price of NT$9.14 (12.1% above fair value)
Industry Position: 17.3% above the Vehicles & Parts median (#564 of 1307)
No single metric tells the full story. See the ROCO:4559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joy Industrial Co Ltd is engaged in manufacturing, developing, and selling related products for bicycles, and motorcycle parts, as well as operating related businesses. The company's products include hubs and wheelset series. It generates the majority of its revenue in China followed by Taiwan, Europe, and others.
59GF Score
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