New Best Wire Industrial CoROCO:5013 +1.68%73 Days Payable is 6.75 as of Dec. 2025, which is 21% above its 10-year median of 5.60. GuruFocus rates ROCO:5013 with a GF Score™ of 73/100 and a GF Value™ of NT$30.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,987 Industrial Products companies, New Best Wire Industrial Co ranks worse than 98.9% on this metric.
* 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 Electrical Equipment & Parts subindustry, New Best Wire 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.
New Best Wire Industrial Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, New Best Wire Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where New Best Wire Industrial Co's Days Payable falls into.
New Best Wire Industrial 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.
* 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.
New Best Wire Industrial Co (ROCO:5013) has a Days Payable of 6.75 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 New Best Wire Industrial Co and its competitors. This is 21% above median its historical median of 5.60. Over the past decade, New Best Wire Industrial Co's Days Payable has ranged from 4.62 to 9.87. According to the industry distribution chart, New Best Wire Industrial Co ranks #2954 out of 2987 companies in the Industrial Products industry, placing it in the top 98.9%.
Is New Best Wire Industrial Co's Days Payable too high?
New Best Wire Industrial Co's current Days Payable of 6.75 is 21% above median its 10-year median of 5.60. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 9.87. The Industrial Products industry median Days Payable is 78.05. New Best Wire Industrial Co's value of 6.75 is 91.4% below this industry median. Based on the distribution chart, New Best Wire Industrial Co ranks #2954 out of 2987 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, New Best Wire Industrial Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Best Wire Industrial Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, New Best Wire Industrial Co ranks #2954 out of 2987 companies for Days Payable. This places New Best Wire Industrial Co in the lower half of its industry. The industry median Days Payable is 78.05. New Best Wire Industrial Co's value of 6.75 is 91.4% below this benchmark. Historically, New Best Wire Industrial Co's own Days Payable has ranged from 4.62 to 9.87 over the past decade. While the company's 10-year median is 5.60 vs. the industry median of 78.05, New Best Wire Industrial 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 2,987 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. New Best Wire Industrial Co's current Days Payable of 6.75 is 91.4% 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 New Best Wire Industrial 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. New Best Wire Industrial Co's current Days Payable is 6.75, which is 21% above median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Best Wire Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, New Best Wire Industrial Co (ROCO:5013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.72, compared to a current price of NT$27.20 — trading 11.5% below its estimated fair value. The current Days Payable is 6.75, which is 21% above median its 10-year median of 5.60 and 91.4% below the Industrial Products industry median of 78.05. New Best Wire Industrial Co's overall GF Score™ is 73/100 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 New Best Wire Industrial Co (ROCO:5013), the current Days Payable is 6.75 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 New Best Wire Industrial Co (ROCO:5013) Overvalued in 2026?
Based on GuruFocus' analysis, New Best Wire Industrial Co stock appears to be undervalued.
The current stock price of NT$27.20 is trading 11.5% below its estimated GF Value™ of NT$30.72.
GuruFocus considers New Best Wire Industrial Co to be Modestly Undervalued.
Key valuation signals for ROCO:5013:
Days Payable: 6.75 (21% above median its 10-year median of 5.60)
GF Value™: NT$30.72 vs. price of NT$27.20 (11.5% below fair value)
Industry Position: 91.4% below the Industrial Products median (#2954 of 2987)
No single metric tells the full story. See the ROCO:5013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Best Wire Industrial Co Ltd engages in wire and electro-polishing (EP) Stainless Steel Pipe businesses in Taiwan. Its wire business provides stainless, carbon, & wire alloy steel, wires electrolytic polishing tubes and others. Its wire products are used for cold heading, cold forging, & hardware use, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The company operates in Taiwan and China.
73GF Score
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