* 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:6509 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Taiwan Hopax Chemicals MFG 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.
Taiwan Hopax Chemicals MFG Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Hopax Chemicals MFG Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Taiwan Hopax Chemicals MFG Co's Days Payable falls into.
Taiwan Hopax Chemicals MFG 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.
Taiwan Hopax Chemicals MFG Co (ROCO:6509) has a Days Payable of 33.11 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 Taiwan Hopax Chemicals MFG Co and its competitors. This is near median its historical median of 33.56. Over the past decade, Taiwan Hopax Chemicals MFG Co's Days Payable has ranged from 27.41 to 42.20. According to the industry distribution chart, Taiwan Hopax Chemicals MFG Co ranks #1278 out of 1550 companies in the Chemicals industry, placing it in the top 82.5%.
Is Taiwan Hopax Chemicals MFG Co's Days Payable too high?
Taiwan Hopax Chemicals MFG Co's current Days Payable of 33.11 is near median its 10-year median of 33.56. Over the past 10 years, this metric has ranged from a low of 27.41 to a high of 42.20. The Chemicals industry median Days Payable is 59.80. Taiwan Hopax Chemicals MFG Co's value of 33.11 is 44.6% below this industry median. Based on the distribution chart, Taiwan Hopax Chemicals MFG Co ranks #1278 out of 1550 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Taiwan Hopax Chemicals MFG Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Hopax Chemicals MFG Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Hopax Chemicals MFG Co ranks #1278 out of 1550 companies for Days Payable. This places Taiwan Hopax Chemicals MFG Co in the lower half of its industry. The industry median Days Payable is 59.80. Taiwan Hopax Chemicals MFG Co's value of 33.11 is 44.6% below this benchmark. Historically, Taiwan Hopax Chemicals MFG Co's own Days Payable has ranged from 27.41 to 42.20 over the past decade. While the company's 10-year median is 33.56 vs. the industry median of 59.80, Taiwan Hopax Chemicals MFG 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. Taiwan Hopax Chemicals MFG Co's current Days Payable of 33.11 is 44.6% 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 Taiwan Hopax Chemicals MFG Co and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Hopax Chemicals MFG Co's current Days Payable is 33.11, which is near median its own 10-year median of 33.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Hopax Chemicals MFG Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co (ROCO:6509) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$32.49, compared to a current price of NT$57.50 — trading 77% above its estimated fair value. The current Days Payable is 33.11, which is near median its 10-year median of 33.56 and 44.6% below the Chemicals industry median of 59.80. Taiwan Hopax Chemicals MFG Co's overall GF Score™ is 75/100 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 Taiwan Hopax Chemicals MFG Co (ROCO:6509), the current Days Payable is 33.11 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 Taiwan Hopax Chemicals MFG Co (ROCO:6509) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co stock appears to be overvalued.
The current stock price of NT$57.50 is trading 77% above its estimated GF Value™ of NT$32.49.
GuruFocus considers Taiwan Hopax Chemicals MFG Co to be Significantly Overvalued.
Key valuation signals for ROCO:6509:
Days Payable: 33.11 (near median its 10-year median of 33.56)
GF Value™: NT$32.49 vs. price of NT$57.50 (77% above fair value)
Industry Position: 44.6% below the Chemicals median (#1278 of 1550)
No single metric tells the full story. See the ROCO:6509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Hopax Chemicals MFG Co Business Description
Taiwan Hopax Chemicals MFG Co Ltd manufactures, processes and sells chemical raw materials for pharmaceuticals, industrial, paper making and office stationery. Its product range includes Biopharmaceuticals, Biological reagents, Cell culture medium, Diagnostic Reagent Kits, Electroplating Additives, Lithium battery additives, Dispersants, Carbon-free copy paper specialty chemicals, Wet End Chemicals, Coating Additives, and Boiler water treatment agent. The company's segments include Specialty Chemicals, Fine Chemicals, Office Stationery, and Other segment.
75GF Score
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