Sheng Yi Development Co (ROCO:5455) Days Payable: 5,922.94 (As of Dec. 2025) — 6904% Above Median


ROCO:5455 Sheng Yi Development Co Ltd ROCO:5455
61 GF Score
Price NT$27.50
GF Value NT$49.79
Valuation Possible Value Trap
! 6 Warning Signs
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What is Sheng Yi Development Co Days Payable?

Sheng Yi Development Co ROCO:5455 61 Days Payable is 5,922.94 as of Dec. 2025, which is 6904% above its 10-year median of 84.57. GuruFocus rates ROCO:5455 with a GF Score™ of 61/100 and a GF Value™ of NT$49.79 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, Sheng Yi Development Co ranks worse than 61.8% on this metric.

Sheng Yi Development Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$231 Mil. Sheng Yi Development Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4 Mil. Hence, Sheng Yi Development Co's Days Payable for the three months ended in Dec. 2025 was 5,922.94.

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

ROCO:5455' s Days Payable Range Over the Past 10 Years
Min: 15.93   Med: 84.57   Max: 37487.93
Current: 62.99

During the past 13 years, Sheng Yi Development Co's highest Days Payable was 37487.93. The lowest was 15.93. And the median was 84.57.

ROCO:5455's Days Payable is ranked worse than
61.8% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs ROCO:5455: 62.99

Sheng Yi Development Co's Days Payable increased from Dec. 2024 (15.67) to Dec. 2025 (5,922.94). It may suggest that Sheng Yi Development Co delayed paying its suppliers.


Sheng Yi Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sheng Yi Development 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.

Sheng Yi Development Co Days Payable Chart

Sheng Yi Development 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 672.76 80.73 78.77 58.80 88.41

Sheng Yi Development Co 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 15.67 130.28 14.83 1,354.32 5,922.94

Sheng Yi Development Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Sheng Yi Development 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.


Sheng Yi Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sheng Yi Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sheng Yi Development Co's Days Payable falls into.


ROCO:5455
61GF Score
Sheng Yi Development Co Ltd ROCO:5455
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sheng Yi Development 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.

Sheng Yi Development 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
=( (496.863 + 285.8) / 2 ) / 1615.525*365
=391.3315 / 1615.525*365
=88.41

Sheng Yi Development 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (175.313 + 285.8) / 2 ) / 3.552*365 / 4
=230.5565 / 3.552*365 / 4
=5,922.94

* 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 5,922.94 mean?
Sheng Yi Development Co (ROCO:5455) has a Days Payable of 5,922.94 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 Sheng Yi Development Co and its competitors. This is 6904% above median its historical median of 84.57. Over the past decade, Sheng Yi Development Co's Days Payable has ranged from 15.93 to 37,487.93. According to the industry distribution chart, Sheng Yi Development Co ranks #969 out of 1568 companies in the Real Estate industry, placing it in the top 61.8%.
Is Sheng Yi Development Co's Days Payable too high?
Sheng Yi Development Co's current Days Payable of 5,922.94 is 6904% above median its 10-year median of 84.57. Over the past 10 years, this metric has ranged from a low of 15.93 to a high of 37,487.93. The Real Estate industry median Days Payable is 94.38. Sheng Yi Development Co's value of 5,922.94 is 6175.6% above this industry median. Based on the distribution chart, Sheng Yi Development Co ranks #969 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sheng Yi Development Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sheng Yi Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Sheng Yi Development Co ranks #969 out of 1568 companies for Days Payable. This places Sheng Yi Development Co in the lower half of its industry. The industry median Days Payable is 94.38. Sheng Yi Development Co's value of 5,922.94 is 6175.6% above this benchmark. Historically, Sheng Yi Development Co's own Days Payable has ranged from 15.93 to 37,487.93 over the past decade. While the company's 10-year median is 84.57 vs. the industry median of 94.38, Sheng Yi Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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. Sheng Yi Development Co's current Days Payable of 5,922.94 is 6175.6% 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 Sheng Yi Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Yi Development Co's current Days Payable is 5,922.94, which is 6904% above median its own 10-year median of 84.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Yi Development Co stock overvalued right now?
Based on GuruFocus' analysis, Sheng Yi Development Co (ROCO:5455) is currently considered Possible Value Trap. The stock's GF Value™ is NT$49.79, compared to a current price of NT$27.50 — trading 44.8% below its estimated fair value. The current Days Payable is 5,922.94, which is 6904% above median its 10-year median of 84.57 and 6175.6% above the Real Estate industry median of 94.38. Sheng Yi Development Co's overall GF Score™ is 61/100 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 Sheng Yi Development Co (ROCO:5455), the current Days Payable is 5,922.94 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 Sheng Yi Development Co (ROCO:5455) Overvalued in 2026?

Based on GuruFocus' analysis, Sheng Yi Development Co stock appears to be undervalued. The current stock price of NT$27.50 is trading 44.8% below its estimated GF Value™ of NT$49.79. GuruFocus considers Sheng Yi Development Co to be Possible Value Trap.

Key valuation signals for ROCO:5455:

  • Days Payable: 5,922.94 (6904% above median its 10-year median of 84.57)
  • GF Value™: NT$49.79 vs. price of NT$27.50 (44.8% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 6175.6% above the Real Estate median (#969 of 1568)

No single metric tells the full story. See the ROCO:5455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheng Yi Development Co Business Description

Address No.417, Section 2, Gongdao 5th Road, 11th Floor, Hsinchu, TWN
Sheng Yi Development Co Ltd is a Taiwan-based company engaged mainly engaged in the construction, leasing, and sale of residential buildings, decorating, and sale of construction materials. Geographically, the company operates in Taiwan regions.
61GF Score

Get the complete analysis for ROCO:5455

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

NT$27.50
Price
NT$49.79
GF Value