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Grand Fortune Securities CoROCO:6026 -0.69%66 Days Payable is 31,728.61 as of Dec. 2025, which is 21% above its 10-year median of 26,212.67. GuruFocus rates ROCO:6026 with a GF Score™ of 66/100 and a GF Value™ of NT$12.43 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 540 Capital Markets companies, Grand Fortune Securities Co ranks better than 98.7% 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.
ROCO:6026 vs MS, GS, SCHW: Days Payable Comparison
For the Capital Markets subindustry, Grand Fortune Securities 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.
Grand Fortune Securities Co Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Grand Fortune Securities Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Grand Fortune Securities Co's Days Payable falls into.
Grand Fortune Securities 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.
Grand Fortune Securities Co (ROCO:6026) has a Days Payable of 31,728.61 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 Grand Fortune Securities Co and its competitors. This is 21% above median its historical median of 26,212.67. Over the past decade, Grand Fortune Securities Co's Days Payable has ranged from 12,381.37 to 110,327.45. According to the industry distribution chart, Grand Fortune Securities Co ranks #7 out of 540 companies in the Capital Markets industry, placing it in the top 1.3%.
Is Grand Fortune Securities Co's Days Payable too high?
Grand Fortune Securities Co's current Days Payable of 31,728.61 is 21% above median its 10-year median of 26,212.67. Over the past 10 years, this metric has ranged from a low of 12,381.37 to a high of 110,327.45. The Capital Markets industry median Days Payable is 92.28. Grand Fortune Securities Co's value of 31,728.61 is 34283% above this industry median. Based on the distribution chart, Grand Fortune Securities Co ranks #7 out of 540 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Fortune Securities Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Fortune Securities Co's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Grand Fortune Securities Co ranks #7 out of 540 companies for Days Payable. This places Grand Fortune Securities Co in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.28. Grand Fortune Securities Co's value of 31,728.61 is 34283% above this benchmark. Historically, Grand Fortune Securities Co's own Days Payable has ranged from 12,381.37 to 110,327.45 over the past decade. While the company's 10-year median is 26,212.67 vs. the industry median of 92.28, Grand Fortune Securities 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.28, based on 540 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. Grand Fortune Securities Co's current Days Payable of 31,728.61 is 34283% 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 Grand Fortune Securities Co and its competitors. For the Capital Markets industry, the median Days Payable is 92.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Fortune Securities Co's current Days Payable is 31,728.61, which is 21% above median its own 10-year median of 26,212.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Fortune Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Grand Fortune Securities Co (ROCO:6026) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$12.43, compared to a current price of NT$14.30 — trading 15% above its estimated fair value. The current Days Payable is 31,728.61, which is 21% above median its 10-year median of 26,212.67 and 34283% above the Capital Markets industry median of 92.28. Grand Fortune Securities Co's overall GF Score™ is 66/100 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 Grand Fortune Securities Co (ROCO:6026), the current Days Payable is 31,728.61 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 Grand Fortune Securities Co (ROCO:6026) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Fortune Securities Co stock appears to be overvalued.
The current stock price of NT$14.30 is trading 15% above its estimated GF Value™ of NT$12.43.
GuruFocus considers Grand Fortune Securities Co to be Modestly Overvalued.
Key valuation signals for ROCO:6026:
Days Payable: 31,728.61 (21% above median its 10-year median of 26,212.67)
GF Value™: NT$12.43 vs. price of NT$14.30 (15% above fair value)
Industry Position: 34283% above the Capital Markets median (#7 of 540)
No single metric tells the full story. See the ROCO:6026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Fortune Securities Co Ltd is a Taiwan-based integrated securities house that runs businesses of the underwriting of marketable securities, proprietary trading, brokerage of marketable securities, stock registrar, and other securities-related businesses approved by the regulators. The company's segment consists of the Brokerage Department, Underwriting Department, Proprietary Trading Department, and Others. The company derives the majority of its revenue from the Proprietary Trading Department and the Underwriting Department.
66GF Score
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