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.
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.
* 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.
Li Ming Development Construction Co Days Payable Chart
Li Ming Development Construction Co Days Payable Competitor Comparison
For the Real Estate - Development subindustry, Li Ming Development Construction 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.
Li Ming Development Construction Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Li Ming Development Construction Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Li Ming Development Construction Co's Days Payable falls into.
Li Ming Development Construction 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.
Li Ming Development Construction Co (ROCO:6212) has a Days Payable of 243.27 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 Li Ming Development Construction Co and its competitors. This is 259% above median its historical median of 67.68. Over the past decade, Li Ming Development Construction Co's Days Payable has ranged from 27.01 to 286.00. According to the industry distribution chart, Li Ming Development Construction Co ranks #318 out of 1575 companies in the Real Estate industry, placing it in the top 20.2%.
Is Li Ming Development Construction Co's Days Payable too high?
Li Ming Development Construction Co's current Days Payable of 243.27 is 259% above median its 10-year median of 67.68. Over the past 10 years, this metric has ranged from a low of 27.01 to a high of 286.00. The Real Estate industry median Days Payable is 94.76. Li Ming Development Construction Co's value of 243.27 is 156.7% above this industry median. Based on the distribution chart, Li Ming Development Construction Co ranks #318 out of 1575 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Li Ming Development Construction Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Li Ming Development Construction Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Li Ming Development Construction Co ranks #318 out of 1575 companies for Days Payable. This places Li Ming Development Construction Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.76. Li Ming Development Construction Co's value of 243.27 is 156.7% above this benchmark. Historically, Li Ming Development Construction Co's own Days Payable has ranged from 27.01 to 286.00 over the past decade. While the company's 10-year median is 67.68 vs. the industry median of 94.76, Li Ming Development Construction 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 94.76, based on 1,575 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. Li Ming Development Construction Co's current Days Payable of 243.27 is 156.7% 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 Li Ming Development Construction Co and its competitors. For the Real Estate industry, the median Days Payable is 94.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li Ming Development Construction Co's current Days Payable is 243.27, which is 259% above median its own 10-year median of 67.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Ming Development Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Li Ming Development Construction Co (ROCO:6212) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.44, compared to a current price of NT$31.70 — trading 92.8% above its estimated fair value. The current Days Payable is 243.27, which is 259% above median its 10-year median of 67.68 and 156.7% above the Real Estate industry median of 94.76. Li Ming Development Construction Co's overall GF Score™ is 55/100 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 Li Ming Development Construction Co (ROCO:6212), the current Days Payable is 243.27 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 Li Ming Development Construction Co (ROCO:6212) Overvalued in 2026?
Based on GuruFocus' analysis, Li Ming Development Construction Co stock appears to be overvalued.
The current stock price of NT$31.70 is trading 92.8% above its estimated GF Value™ of NT$16.44.
GuruFocus considers Li Ming Development Construction Co to be Significantly Overvalued.
Key valuation signals for ROCO:6212:
Days Payable: 243.27 (259% above median its 10-year median of 67.68)
GF Value™: NT$16.44 vs. price of NT$31.70 (92.8% above fair value)
Industry Position: 156.7% above the Real Estate median (#318 of 1575)
No single metric tells the full story. See the ROCO:6212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Li Ming Development Construction Co Ltd is engaged in the construction, leasing and sale of residential building, decorating and sale of construction materials. The company is also involved in landscape and interior design. It operates in one single segment that is the development of the property segment which is mainly engaged in the commissioning construction of residences and buildings and renting properties. It generates a vast majority of its revenues from Construction.
55GF Score
Get the complete analysis for ROCO:6212
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6212 has been successfully added to your 
