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Yuanta Futures CoROCO:6023 +0.59%73 Days Payable is 49.27 as of Jun. 2026, which is 63% above its 10-year median of 30.19. GuruFocus rates ROCO:6023 with a GF Score™ of 73/100 and a GF Value™ of NT$83.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 538 Capital Markets companies, Yuanta Futures Co ranks worse than 63.2% on this metric.
The historical rank and industry rank for Yuanta Futures Co's Days Payable or its related term are showing as below:
ROCO:6023'
s Days Payable Range Over the Past 10 Years
Min: 25.02 Med: 30.19 Max: 38.82
Current: 38.82
During the past 13 years, Yuanta Futures Co's highest Days Payable was 38.82. The lowest was 25.02. And the median was 30.19.
ROCO:6023's Days Payable is ranked worse than 63.2% of 538
companies
in the Capital Markets industry
Industry Median: 95.385
vs ROCO:6023: 38.82
Yuanta Futures Co's Days Payable
increased
from Jun. 2025 (33.84) to Jun. 2026 (49.27).
It may suggest that Yuanta Futures Codelayed paying its suppliers.
The historical data trend for Yuanta Futures 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.
ROCO:6023 vs MS, GS, SCHW: Days Payable Comparison
For the Capital Markets subindustry, Yuanta Futures 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.
Yuanta Futures Co Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Yuanta Futures Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Yuanta Futures Co's Days Payable falls into.
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.
Yuanta Futures Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Yuanta Futures Co (ROCO:6023) has a Days Payable of 49.27 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Yuanta Futures Co and its competitors. This is 63% above median its historical median of 30.19. Over the past decade, Yuanta Futures Co's Days Payable has ranged from 25.02 to 38.82. According to the industry distribution chart, Yuanta Futures Co ranks #340 out of 538 companies in the Capital Markets industry, placing it in the top 63.2%.
Is Yuanta Futures Co's Days Payable too high?
Yuanta Futures Co's current Days Payable of 49.27 is 63% above median its 10-year median of 30.19. Over the past 10 years, this metric has ranged from a low of 25.02 to a high of 38.82. The Capital Markets industry median Days Payable is 95.39. Yuanta Futures Co's value of 49.27 is 48.3% below this industry median. Based on the distribution chart, Yuanta Futures Co ranks #340 out of 538 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Yuanta Futures Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yuanta Futures Co's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Yuanta Futures Co ranks #340 out of 538 companies for Days Payable. This places Yuanta Futures Co in the lower half of its industry. The industry median Days Payable is 95.39. Yuanta Futures Co's value of 49.27 is 48.3% below this benchmark. Historically, Yuanta Futures Co's own Days Payable has ranged from 25.02 to 38.82 over the past decade. While the company's 10-year median is 30.19 vs. the industry median of 95.39, Yuanta Futures 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 95.39, based on 538 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. Yuanta Futures Co's current Days Payable of 49.27 is 48.3% 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 Yuanta Futures Co and its competitors. For the Capital Markets industry, the median Days Payable is 95.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yuanta Futures Co's current Days Payable is 49.27, which is 63% above median its own 10-year median of 30.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuanta Futures Co stock overvalued right now?
Based on GuruFocus' analysis, Yuanta Futures Co (ROCO:6023) is currently considered Fairly Valued. The stock's GF Value™ is NT$83.55, compared to a current price of NT$84.90 — trading 1.6% above its estimated fair value. The current Days Payable is 49.27, which is 63% above median its 10-year median of 30.19 and 48.3% below the Capital Markets industry median of 95.39. Yuanta Futures Co's overall GF Score™ is 73/100 with 7 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 Yuanta Futures Co (ROCO:6023), the current Days Payable is 49.27 as of Jun. 2026. 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 Yuanta Futures Co (ROCO:6023) Overvalued in 2026?
Based on GuruFocus' analysis, Yuanta Futures Co stock appears to be overvalued.
The current stock price of NT$84.90 is trading 1.6% above its estimated GF Value™ of NT$83.55.
GuruFocus considers Yuanta Futures Co to be Fairly Valued.
Key valuation signals for ROCO:6023:
Days Payable: 49.27 (63% above median its 10-year median of 30.19)
GF Value™: NT$83.55 vs. price of NT$84.90 (1.6% above fair value)
Industry Position: 48.3% below the Capital Markets median (#340 of 538)
No single metric tells the full story. See the ROCO:6023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yuanta Futures Co Ltd is Taiwan's futures company. The company is engaged in onshore and offshore futures brokerage business, futures dealing, futures consulting, futures business management, securities dealing, leverage transaction merchant, and a variety of futures-related businesses. Its operating segments include: Brokerage segment, Dealing segment, and Other segment. The company derives maximum revenue from Brokerage segment. Geographically, the company has its presence in Taiwan, Asia (excluding Taiwan), Europe, America and Other.
73GF Score
Get the complete analysis for ROCO:6023
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