Rich Development Co (ROCO:5512) Days Payable: 87.96 (As of Dec. 2025) — 47% Above Median

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ROCO:5512 Rich Development Co Ltd ROCO:5512
67 GF Score
Price NT$7.85
GF Value NT$10.44
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Rich Development Co Days Payable?

Rich Development Co ROCO:5512 -2.00% 67 Days Payable is 87.96 as of Dec. 2025, which is 47% above its 10-year median of 59.64. GuruFocus rates ROCO:5512 with a GF Score™ of 67/100 and a GF Value™ of NT$10.44 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,568 Real Estate companies, Rich Development Co ranks worse than 52.1% on this metric.

Rich Development Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,539 Mil. Rich Development Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,596 Mil. Hence, Rich Development Co's Days Payable for the three months ended in Dec. 2025 was 87.96.

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

ROCO:5512' s Days Payable Range Over the Past 10 Years
Min: 28.99   Med: 59.64   Max: 95.34
Current: 87.07

During the past 13 years, Rich Development Co's highest Days Payable was 95.34. The lowest was 28.99. And the median was 59.64.

ROCO:5512's Days Payable is ranked worse than
52.1% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs ROCO:5512: 87.07

Rich Development Co's Days Payable increased from Dec. 2024 (60.45) to Dec. 2025 (87.96). It may suggest that Rich Development Co delayed paying its suppliers.


Rich Development Co Days Payable Historical Data

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The historical data trend for Rich 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.

Rich Development Co Days Payable Chart

Rich 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 76.98 58.81 59.75 90.55 95.34

Rich 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 60.45 83.43 91.48 78.41 87.96

Rich Development Co Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, Rich 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.


Rich Development Co Days Payable vs Real Estate Industry

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

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


ROCO:5512
67GF Score
Rich Development Co Ltd ROCO:5512
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rich 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.

Rich 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
=( (1257.136 + 1621.036) / 2 ) / 5509.419*365
=1439.086 / 5509.419*365
=95.34

Rich 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
=( (1456.283 + 1621.036) / 2 ) / 1596.197*365 / 4
=1538.6595 / 1596.197*365 / 4
=87.96

* 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 87.96 mean?
Rich Development Co (ROCO:5512) has a Days Payable of 87.96 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 Rich Development Co and its competitors. This is 47% above median its historical median of 59.64. Over the past decade, Rich Development Co's Days Payable has ranged from 28.99 to 95.34. According to the industry distribution chart, Rich Development Co ranks #817 out of 1568 companies in the Real Estate industry, placing it in the top 52.1%.
Is Rich Development Co's Days Payable too high?
Rich Development Co's current Days Payable of 87.96 is 47% above median its 10-year median of 59.64. Over the past 10 years, this metric has ranged from a low of 28.99 to a high of 95.34. The Real Estate industry median Days Payable is 94.21. Rich Development Co's value of 87.96 is 6.6% below this industry median. Based on the distribution chart, Rich Development Co ranks #817 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Rich Development Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rich Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Rich Development Co ranks #817 out of 1568 companies for Days Payable. This places Rich Development Co in the lower half of its industry. The industry median Days Payable is 94.21. Rich Development Co's value of 87.96 is 6.6% below this benchmark. Historically, Rich Development Co's own Days Payable has ranged from 28.99 to 95.34 over the past decade. While the company's 10-year median is 59.64 vs. the industry median of 94.21, Rich Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, 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. Rich Development Co's current Days Payable of 87.96 is 6.6% 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 Rich Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rich Development Co's current Days Payable is 87.96, which is 47% above median its own 10-year median of 59.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Development Co stock overvalued right now?
Based on GuruFocus' analysis, Rich Development Co (ROCO:5512) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.44, compared to a current price of NT$7.85 — trading 24.8% below its estimated fair value. The current Days Payable is 87.96, which is 47% above median its 10-year median of 59.64 and 6.6% below the Real Estate industry median of 94.21. Rich Development Co's overall GF Score™ is 67/100 with 8 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 Rich Development Co (ROCO:5512), the current Days Payable is 87.96 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 Rich Development Co (ROCO:5512) Overvalued in 2026?

Based on GuruFocus' analysis, Rich Development Co stock appears to be undervalued. The current stock price of NT$7.85 is trading 24.8% below its estimated GF Value™ of NT$10.44. GuruFocus considers Rich Development Co to be Modestly Undervalued.

Key valuation signals for ROCO:5512:

  • Days Payable: 87.96 (47% above median its 10-year median of 59.64)
  • GF Value™: NT$10.44 vs. price of NT$7.85 (24.8% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 6.6% below the Real Estate median (#817 of 1568)

No single metric tells the full story. See the ROCO:5512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rich Development Co Business Description

Address No. 99, Chi Lin Road, 8th Floor, Jhongshan District, Taipei, TWN, 104
Rich Development Co Ltd is a Taiwan-based company engaged in the construction, development, leasing, and distribution of residential and commercial buildings. The company's main business includes commissioning manufacturers to build commercial buildings and lease and sale of public housing; commissioned by government industrial authorities to handle the development, leasing, and management of industrial areas; construction of sewage treatment plants and operation of sewage treatment projects; operation of resort hotels and travel agency operations and others. Its segments include the Construction segment, the Sewage treatment segment: and the Tourist hotel segment.
67GF Score

Get the complete analysis for ROCO:5512

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

NT$7.85
Price
NT$10.44
GF Value