Ever-Clear Environmental Eng (ROCO:6624) Days Payable: 108.66 (As of Dec. 2025) — 29% Below Median

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ROCO:6624 Ever-Clear Environmental Eng Corp ROCO:6624
85 GF Score
Price NT$42.35
GF Value NT$38.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Ever-Clear Environmental Eng Days Payable?

Ever-Clear Environmental Eng ROCO:6624 +6.41% 85 Days Payable is 108.66 as of Dec. 2025, which is 29% below its 10-year median of 153.36. GuruFocus rates ROCO:6624 with a GF Score™ of 85/100 and a GF Value™ of NT$38.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 231 Waste Management companies, Ever-Clear Environmental Eng ranks better than 71.86% on this metric.

Ever-Clear Environmental Eng's average Accounts Payable for the three months ended in Dec. 2025 was NT$186.0 Mil. Ever-Clear Environmental Eng's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$156.2 Mil. Hence, Ever-Clear Environmental Eng's Days Payable for the three months ended in Dec. 2025 was 108.66.

The historical rank and industry rank for Ever-Clear Environmental Eng's Days Payable or its related term are showing as below:

ROCO:6624' s Days Payable Range Over the Past 10 Years
Min: 78.25   Med: 153.36   Max: 200.13
Current: 155.08

During the past 13 years, Ever-Clear Environmental Eng's highest Days Payable was 200.13. The lowest was 78.25. And the median was 153.36.

ROCO:6624's Days Payable is ranked better than
71.86% of 231 companies
in the Waste Management industry
Industry Median: 63.51 vs ROCO:6624: 155.08

Ever-Clear Environmental Eng's Days Payable increased from Dec. 2024 (79.26) to Dec. 2025 (108.66). It may suggest that Ever-Clear Environmental Eng delayed paying its suppliers.


Ever-Clear Environmental Eng Days Payable Historical Data

* Premium members only.

The historical data trend for Ever-Clear Environmental Eng'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.

Ever-Clear Environmental Eng Days Payable Chart

Ever-Clear Environmental Eng 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 155.46 200.13 191.96 153.50 186.58

Ever-Clear Environmental Eng 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 79.26 234.91 159.83 123.59 108.66

ROCO:6624 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Ever-Clear Environmental Eng'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.


Ever-Clear Environmental Eng Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ever-Clear Environmental Eng's Days Payable distribution charts can be found below:

* The bar in red indicates where Ever-Clear Environmental Eng's Days Payable falls into.


ROCO:6624
85GF Score
Ever-Clear Environmental Eng Corp ROCO:6624
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ever-Clear Environmental Eng 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.

Ever-Clear Environmental Eng'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
=( (256.787 + 211.147) / 2 ) / 457.691*365
=233.967 / 457.691*365
=186.58

Ever-Clear Environmental Eng'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
=( (160.763 + 211.147) / 2 ) / 156.158*365 / 4
=185.955 / 156.158*365 / 4
=108.66

* 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 108.66 mean?
Ever-Clear Environmental Eng (ROCO:6624) has a Days Payable of 108.66 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 Ever-Clear Environmental Eng and its competitors. This is 29% below median its historical median of 153.36. Over the past decade, Ever-Clear Environmental Eng's Days Payable has ranged from 78.25 to 200.13. According to the industry distribution chart, Ever-Clear Environmental Eng ranks #65 out of 231 companies in the Waste Management industry, placing it in the top 28.1%.
Is Ever-Clear Environmental Eng's Days Payable too high?
Ever-Clear Environmental Eng's current Days Payable of 108.66 is 29% below median its 10-year median of 153.36. Over the past 10 years, this metric has ranged from a low of 78.25 to a high of 200.13. The Waste Management industry median Days Payable is 63.51. Ever-Clear Environmental Eng's value of 108.66 is 71.1% above this industry median. Based on the distribution chart, Ever-Clear Environmental Eng ranks #65 out of 231 companies in the Waste Management industry, which is above the industry midpoint. Overall, Ever-Clear Environmental Eng has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ever-Clear Environmental Eng's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Ever-Clear Environmental Eng ranks #65 out of 231 companies for Days Payable. This puts Ever-Clear Environmental Eng in the upper half of its industry. The industry median Days Payable is 63.51. Ever-Clear Environmental Eng's value of 108.66 is 71.1% above this benchmark. Historically, Ever-Clear Environmental Eng's own Days Payable has ranged from 78.25 to 200.13 over the past decade. While the company's 10-year median is 153.36 vs. the industry median of 63.51, Ever-Clear Environmental Eng 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.51, based on 231 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. Ever-Clear Environmental Eng's current Days Payable of 108.66 is 71.1% 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 Ever-Clear Environmental Eng and its competitors. For the Waste Management industry, the median Days Payable is 63.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever-Clear Environmental Eng's current Days Payable is 108.66, which is 29% below median its own 10-year median of 153.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever-Clear Environmental Eng stock overvalued right now?
Based on GuruFocus' analysis, Ever-Clear Environmental Eng (ROCO:6624) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.43, compared to a current price of NT$42.35 — trading 10.2% above its estimated fair value. The current Days Payable is 108.66, which is 29% below median its 10-year median of 153.36 and 71.1% above the Waste Management industry median of 63.51. Ever-Clear Environmental Eng's overall GF Score™ is 85/100 with 5 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 Ever-Clear Environmental Eng (ROCO:6624), the current Days Payable is 108.66 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 Ever-Clear Environmental Eng (ROCO:6624) Overvalued in 2026?

Based on GuruFocus' analysis, Ever-Clear Environmental Eng stock appears to be overvalued. The current stock price of NT$42.35 is trading 10.2% above its estimated GF Value™ of NT$38.43. GuruFocus considers Ever-Clear Environmental Eng to be Fairly Valued.

Key valuation signals for ROCO:6624:

  • Days Payable: 108.66 (29% below median its 10-year median of 153.36)
  • GF Value™: NT$38.43 vs. price of NT$42.35 (10.2% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 71.1% above the Waste Management median (#65 of 231)

No single metric tells the full story. See the ROCO:6624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ever-Clear Environmental Eng Business Description

Address No. 261, Section 5, Longfu Road, Xitun District, Taichung, TWN, 407
Ever-Clear Environmental Eng Corp is a Taiwan-based wastewater management company. It engages in the evaluation, planning, and design of industrial wastewater, sewage, sludge, supply water, underground water, and organic gas emission treatment processes.
85GF Score

Get the complete analysis for ROCO:6624

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

NT$42.35
Price
NT$38.43
GF Value