Taiwan Green Environment Technology (ROCO:5205) Days Payable: 328.37 (As of Dec. 2025) — 26% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5205 Taiwan Green Environment Technology Inc ROCO:5205
59 GF Score
Price NT$22.15
GF Value NT$28.52
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Taiwan Green Environment Technology Days Payable?

Taiwan Green Environment Technology ROCO:5205 -4.11% 59 Days Payable is 328.37 as of Dec. 2025, which is 26% above its 10-year median of 260.89. GuruFocus rates ROCO:5205 with a GF Score™ of 59/100 and a GF Value™ of NT$28.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,603 Software companies, Taiwan Green Environment Technology ranks better than 85.48% on this metric.

Taiwan Green Environment Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$16.54 Mil. Taiwan Green Environment Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4.60 Mil. Hence, Taiwan Green Environment Technology's Days Payable for the three months ended in Dec. 2025 was 328.37.

The historical rank and industry rank for Taiwan Green Environment Technology's Days Payable or its related term are showing as below:

ROCO:5205' s Days Payable Range Over the Past 10 Years
Min: 48.42   Med: 260.89   Max: 4356.98
Current: 233.24

During the past 13 years, Taiwan Green Environment Technology's highest Days Payable was 4356.98. The lowest was 48.42. And the median was 260.89.

ROCO:5205's Days Payable is ranked better than
85.48% of 2603 companies
in the Software industry
Industry Median: 52.78 vs ROCO:5205: 233.24

Taiwan Green Environment Technology's Days Payable increased from Dec. 2024 (264.77) to Dec. 2025 (328.37). It may suggest that Taiwan Green Environment Technology delayed paying its suppliers.


Taiwan Green Environment Technology Days Payable Related Terms


Taiwan Green Environment Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Taiwan Green Environment Technology'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.

Taiwan Green Environment Technology Days Payable Chart

Taiwan Green Environment Technology 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 381.03 456.47 276.69 202.58 217.64

Taiwan Green Environment Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 264.77 271.71 206.16 191.58 328.37

ROCO:5205 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Taiwan Green Environment Technology'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.


Taiwan Green Environment Technology Days Payable vs Software Industry

For the Software industry and Technology sector, Taiwan Green Environment Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Green Environment Technology's Days Payable falls into.


ROCO:5205
59GF Score
Taiwan Green Environment Technology Inc ROCO:5205
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Green Environment Technology 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.

Taiwan Green Environment Technology'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
=( (15.617 + 13.326) / 2 ) / 24.27*365
=14.4715 / 24.27*365
=217.64

Taiwan Green Environment Technology'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (19.745 + 13.326) / 2 ) / 4.595*365 / 4
=16.5355 / 4.595*365 / 4
=328.37

* 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 328.37 mean?
Taiwan Green Environment Technology (ROCO:5205) has a Days Payable of 328.37 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 Taiwan Green Environment Technology and its competitors. This is 26% above median its historical median of 260.89. Over the past decade, Taiwan Green Environment Technology's Days Payable has ranged from 48.42 to 4,356.98. According to the industry distribution chart, Taiwan Green Environment Technology ranks #378 out of 2603 companies in the Software industry, placing it in the top 14.5%.
Is Taiwan Green Environment Technology's Days Payable too high?
Taiwan Green Environment Technology's current Days Payable of 328.37 is 26% above median its 10-year median of 260.89. Over the past 10 years, this metric has ranged from a low of 48.42 to a high of 4,356.98. The Software industry median Days Payable is 52.78. Taiwan Green Environment Technology's value of 328.37 is 522.1% above this industry median. Based on the distribution chart, Taiwan Green Environment Technology ranks #378 out of 2603 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Green Environment Technology has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Green Environment Technology's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Taiwan Green Environment Technology ranks #378 out of 2603 companies for Days Payable. This places Taiwan Green Environment Technology in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.78. Taiwan Green Environment Technology's value of 328.37 is 522.1% above this benchmark. Historically, Taiwan Green Environment Technology's own Days Payable has ranged from 48.42 to 4,356.98 over the past decade. While the company's 10-year median is 260.89 vs. the industry median of 52.78, Taiwan Green Environment Technology 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. Taiwan Green Environment Technology's current Days Payable of 328.37 is 522.1% 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 Taiwan Green Environment Technology and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Green Environment Technology's current Days Payable is 328.37, which is 26% above median its own 10-year median of 260.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Green Environment Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Green Environment Technology (ROCO:5205) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$28.52, compared to a current price of NT$22.15 — trading 22.3% below its estimated fair value. The current Days Payable is 328.37, which is 26% above median its 10-year median of 260.89 and 522.1% above the Software industry median of 52.78. Taiwan Green Environment Technology's overall GF Score™ is 59/100 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 Taiwan Green Environment Technology (ROCO:5205), the current Days Payable is 328.37 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 Taiwan Green Environment Technology (ROCO:5205) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Green Environment Technology stock appears to be undervalued. The current stock price of NT$22.15 is trading 22.3% below its estimated GF Value™ of NT$28.52. GuruFocus considers Taiwan Green Environment Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5205:

  • Days Payable: 328.37 (26% above median its 10-year median of 260.89)
  • GF Value™: NT$28.52 vs. price of NT$22.15 (22.3% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 522.1% above the Software median (#378 of 2603)

No single metric tells the full story. See the ROCO:5205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Green Environment Technology Business Description

Address Neihu Road, 3rd Floor - 1, No. 396, Section 1, Neihu District, Taipei, TWN, 11493
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.
59GF Score

Get the complete analysis for ROCO:5205

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

NT$22.15
Price
NT$28.52
GF Value