Meribank Biotech Co (ROCO:4724) Days Payable: 9.55 (As of Dec. 2025) — 64% Below Median

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ROCO:4724 Meribank Biotech Co Ltd ROCO:4724
40 GF Score
Price NT$9.78
GF Value NT$48.90
Valuation Possible Value Trap
! 6 Warning Signs
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What is Meribank Biotech Co Days Payable?

Meribank Biotech Co ROCO:4724 -3.65% 40 Days Payable is 9.55 as of Dec. 2025, which is 64% below its 10-year median of 26.64. GuruFocus rates ROCO:4724 with a GF Score™ of 40/100 and a GF Value™ of NT$48.90 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 701 Biotechnology companies, Meribank Biotech Co ranks worse than 94.01% on this metric.

Meribank Biotech Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$7.1 Mil. Meribank Biotech Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$135.4 Mil. Hence, Meribank Biotech Co's Days Payable for the six months ended in Dec. 2025 was 9.55.

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

ROCO:4724' s Days Payable Range Over the Past 10 Years
Min: 12.3   Med: 26.64   Max: 38.07
Current: 12.3

During the past 8 years, Meribank Biotech Co's highest Days Payable was 38.07. The lowest was 12.30. And the median was 26.64.

ROCO:4724's Days Payable is ranked worse than
94.01% of 701 companies
in the Biotechnology industry
Industry Median: 112.84 vs ROCO:4724: 12.30

Meribank Biotech Co's Days Payable declined from Dec. 2024 (18.19) to Dec. 2025 (9.55). It may suggest that Meribank Biotech Co accelerated paying its suppliers.


Meribank Biotech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Meribank Biotech 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.

Meribank Biotech Co Days Payable Chart

Meribank Biotech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 24.34 26.40 38.07 26.87 13.54

Meribank Biotech Co Semi-Annual Data
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 34.24 44.92 18.19 13.83 9.55

ROCO:4724 vs VRTX, REGN, ALNY: Days Payable Comparison

For the Biotechnology subindustry, Meribank Biotech 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.


Meribank Biotech Co Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Meribank Biotech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Meribank Biotech Co's Days Payable falls into.


ROCO:4724
40GF Score
Meribank Biotech Co Ltd ROCO:4724
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Meribank Biotech 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.

Meribank Biotech 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
=( (13.076 + 6.919) / 2 ) / 269.586*365
=9.9975 / 269.586*365
=13.54

Meribank Biotech 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
=( (7.254 + 6.919) / 2 ) / 135.444*365 / 2
=7.0865 / 135.444*365 / 2
=9.55

* 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 9.55 mean?
Meribank Biotech Co (ROCO:4724) has a Days Payable of 9.55 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 Meribank Biotech Co and its competitors. This is 64% below median its historical median of 26.64. Over the past decade, Meribank Biotech Co's Days Payable has ranged from 12.30 to 38.07. According to the industry distribution chart, Meribank Biotech Co ranks #659 out of 701 companies in the Biotechnology industry, placing it in the top 94%.
Is Meribank Biotech Co's Days Payable too high?
Meribank Biotech Co's current Days Payable of 9.55 is 64% below median its 10-year median of 26.64. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 38.07. The Biotechnology industry median Days Payable is 112.84. Meribank Biotech Co's value of 9.55 is 91.5% below this industry median. Based on the distribution chart, Meribank Biotech Co ranks #659 out of 701 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Meribank Biotech Co has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meribank Biotech Co's Days Payable compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Meribank Biotech Co ranks #659 out of 701 companies for Days Payable. This places Meribank Biotech Co in the lower half of its industry. The industry median Days Payable is 112.84. Meribank Biotech Co's value of 9.55 is 91.5% below this benchmark. Historically, Meribank Biotech Co's own Days Payable has ranged from 12.30 to 38.07 over the past decade. While the company's 10-year median is 26.64 vs. the industry median of 112.84, Meribank Biotech 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 112.84, based on 701 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. Meribank Biotech Co's current Days Payable of 9.55 is 91.5% 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 Meribank Biotech Co and its competitors. For the Biotechnology industry, the median Days Payable is 112.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meribank Biotech Co's current Days Payable is 9.55, which is 64% below median its own 10-year median of 26.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meribank Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Meribank Biotech Co (ROCO:4724) is currently considered Possible Value Trap. The stock's GF Value™ is NT$48.90, compared to a current price of NT$9.78 — trading 80% below its estimated fair value. The current Days Payable is 9.55, which is 64% below median its 10-year median of 26.64 and 91.5% below the Biotechnology industry median of 112.84. Meribank Biotech Co's overall GF Score™ is 40/100 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 Meribank Biotech Co (ROCO:4724), the current Days Payable is 9.55 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 Meribank Biotech Co (ROCO:4724) Overvalued in 2026?

Based on GuruFocus' analysis, Meribank Biotech Co stock appears to be undervalued. The current stock price of NT$9.78 is trading 80% below its estimated GF Value™ of NT$48.90. GuruFocus considers Meribank Biotech Co to be Possible Value Trap.

Key valuation signals for ROCO:4724:

  • Days Payable: 9.55 (64% below median its 10-year median of 26.64)
  • GF Value™: NT$48.90 vs. price of NT$9.78 (80% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 91.5% below the Biotechnology median (#659 of 701)

No single metric tells the full story. See the ROCO:4724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meribank Biotech Co Business Description

Address Sector 1, Neihu Road, 1st Floor, No.68, Neihu District, Taipei, TWN, 11493
Meribank Biotech Co Ltd is engaged in Research and development and sales of new cell drugs and also Umbilical cord blood, placenta and umbilical cord mesenchymal stem cells processing, testing and cryopreservation.
40GF Score

Get the complete analysis for ROCO:4724

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

NT$9.78
Price
NT$48.90
GF Value