Hong Wei Electrical Industry Co (ROCO:4565) Days Payable: 29.69 (As of Dec. 2025) — Near Median


ROCO:4565 Hong Wei Electrical Industry Co Ltd ROCO:4565
89 GF Score
Price NT$127.00
GF Value NT$102.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hong Wei Electrical Industry Co Days Payable?

Hong Wei Electrical Industry Co ROCO:4565 89 Days Payable is 29.69 as of Dec. 2025, which is 5% above its 10-year median of 28.27. GuruFocus rates ROCO:4565 with a GF Score™ of 89/100 and a GF Value™ of NT$102.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Hong Wei Electrical Industry Co ranks worse than 89.08% on this metric.

Hong Wei Electrical Industry Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$65 Mil. Hong Wei Electrical Industry Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$397 Mil. Hence, Hong Wei Electrical Industry Co's Days Payable for the six months ended in Dec. 2025 was 29.69.

The historical rank and industry rank for Hong Wei Electrical Industry Co's Days Payable or its related term are showing as below:

ROCO:4565' s Days Payable Range Over the Past 10 Years
Min: 25.17   Med: 28.27   Max: 32.5
Current: 27.56

During the past 13 years, Hong Wei Electrical Industry Co's highest Days Payable was 32.50. The lowest was 25.17. And the median was 28.27.

ROCO:4565's Days Payable is ranked worse than
89.08% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:4565: 27.56

Hong Wei Electrical Industry Co's Days Payable declined from Dec. 2024 (31.71) to Dec. 2025 (29.69). It may suggest that Hong Wei Electrical Industry Co accelerated paying its suppliers.


Hong Wei Electrical Industry Co Days Payable Related Terms


Hong Wei Electrical Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hong Wei Electrical Industry 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.

Hong Wei Electrical Industry Co Days Payable Chart

Hong Wei Electrical Industry 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 28.16 28.37 32.50 31.37 29.32

Hong Wei Electrical Industry Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 33.55 31.30 31.71 24.39 29.69

ROCO:4565 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Hong Wei Electrical Industry 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.


Hong Wei Electrical Industry Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hong Wei Electrical Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Wei Electrical Industry Co's Days Payable falls into.


ROCO:4565
89GF Score
Hong Wei Electrical Industry Co Ltd ROCO:4565
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Wei Electrical Industry 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.

Hong Wei Electrical Industry 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
=( (79.072 + 68.636) / 2 ) / 919.488*365
=73.854 / 919.488*365
=29.32

Hong Wei Electrical Industry 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (60.56 + 68.636) / 2 ) / 397.023*365 / 2
=64.598 / 397.023*365 / 2
=29.69

* 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 29.69 mean?
Hong Wei Electrical Industry Co (ROCO:4565) has a Days Payable of 29.69 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 Hong Wei Electrical Industry Co and its competitors. This is near median its historical median of 28.27. Over the past decade, Hong Wei Electrical Industry Co's Days Payable has ranged from 25.17 to 32.50. According to the industry distribution chart, Hong Wei Electrical Industry Co ranks #2667 out of 2994 companies in the Industrial Products industry, placing it in the top 89.1%.
Is Hong Wei Electrical Industry Co's Days Payable too high?
Hong Wei Electrical Industry Co's current Days Payable of 29.69 is near median its 10-year median of 28.27. Over the past 10 years, this metric has ranged from a low of 25.17 to a high of 32.50. The Industrial Products industry median Days Payable is 78.05. Hong Wei Electrical Industry Co's value of 29.69 is 62% below this industry median. Based on the distribution chart, Hong Wei Electrical Industry Co ranks #2667 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hong Wei Electrical Industry Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Wei Electrical Industry Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hong Wei Electrical Industry Co ranks #2667 out of 2994 companies for Days Payable. This places Hong Wei Electrical Industry Co in the lower half of its industry. The industry median Days Payable is 78.05. Hong Wei Electrical Industry Co's value of 29.69 is 62% below this benchmark. Historically, Hong Wei Electrical Industry Co's own Days Payable has ranged from 25.17 to 32.50 over the past decade. While the company's 10-year median is 28.27 vs. the industry median of 78.05, Hong Wei Electrical Industry 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 78.05, 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. Hong Wei Electrical Industry Co's current Days Payable of 29.69 is 62% 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 Hong Wei Electrical Industry Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Wei Electrical Industry Co's current Days Payable is 29.69, which is near median its own 10-year median of 28.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Wei Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co (ROCO:4565) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.85, compared to a current price of NT$127.00 — trading 23.5% above its estimated fair value. The current Days Payable is 29.69, which is near median its 10-year median of 28.27 and 62% below the Industrial Products industry median of 78.05. Hong Wei Electrical Industry Co's overall GF Score™ is 89/100 with 6 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 Hong Wei Electrical Industry Co (ROCO:4565), the current Days Payable is 29.69 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 Hong Wei Electrical Industry Co (ROCO:4565) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Wei Electrical Industry Co stock appears to be overvalued. The current stock price of NT$127.00 is trading 23.5% above its estimated GF Value™ of NT$102.85. GuruFocus considers Hong Wei Electrical Industry Co to be Modestly Overvalued.

Key valuation signals for ROCO:4565:

  • Days Payable: 29.69 (near median its 10-year median of 28.27)
  • GF Value™: NT$102.85 vs. price of NT$127.00 (23.5% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 62% below the Industrial Products median (#2667 of 2994)

No single metric tells the full story. See the ROCO:4565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Wei Electrical Industry Co Business Description

Address Number 33, Wuquan 5th Road, Wugu District, New Taipei, TWN, 248
Hong Wei Electrical Industry Co Ltd is a Taiwan based company involved in manufacturing vertical vehicles. Its products include Freight Elevators like 2 Panels Center Opening Door, 2 Panels Side Opening Door, 3 Panels Side Opening Door, and 4 Panels Center Opening Door; Driving system; Special Elevator, Passenger Elevator, and Automatic Conveyor.
89GF Score

Get the complete analysis for ROCO:4565

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

NT$127.00
Price
NT$102.85
GF Value