Welgene Biotech Co (ROCO:6661) Days Payable: 37.11 (As of Dec. 2025) — 16% Above Median

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ROCO:6661 Welgene Biotech Co Ltd ROCO:6661
70 GF Score
Price NT$17.55
GF Value NT$29.93
Valuation Possible Value Trap
! 6 Warning Signs
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What is Welgene Biotech Co Days Payable?

Welgene Biotech Co ROCO:6661 70 Days Payable is 37.11 as of Dec. 2025, which is 16% above its 10-year median of 31.94. GuruFocus rates ROCO:6661 with a GF Score™ of 70/100 and a GF Value™ of NT$29.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 190 Medical Diagnostics & Research companies, Welgene Biotech Co ranks worse than 77.37% on this metric.

Welgene Biotech Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$23.4 Mil. Welgene Biotech Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$57.5 Mil. Hence, Welgene Biotech Co's Days Payable for the three months ended in Dec. 2025 was 37.11.

The historical rank and industry rank for Welgene Biotech Co's Days Payable or its related term are showing as below:

ROCO:6661' s Days Payable Range Over the Past 10 Years
Min: 26.82   Med: 31.94   Max: 41.26
Current: 33.02

During the past 12 years, Welgene Biotech Co's highest Days Payable was 41.26. The lowest was 26.82. And the median was 31.94.

ROCO:6661's Days Payable is ranked worse than
77.37% of 190 companies
in the Medical Diagnostics & Research industry
Industry Median: 64.64 vs ROCO:6661: 33.02

Welgene Biotech Co's Days Payable increased from Dec. 2024 (24.34) to Dec. 2025 (37.11). It may suggest that Welgene Biotech Co delayed paying its suppliers.


Welgene Biotech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Welgene Biotech 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.

Welgene Biotech Co Days Payable Chart

Welgene Biotech Co 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 28.46 31.94 41.26 33.51 34.94

Welgene Biotech Co 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 24.34 32.25 31.25 29.67 37.11

ROCO:6661 vs TMO, DHR, IDXX: Days Payable Comparison

For the Diagnostics & Research subindustry, Welgene Biotech 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.


Welgene Biotech Co Days Payable vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Welgene Biotech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Welgene Biotech Co's Days Payable falls into.


ROCO:6661
70GF Score
Welgene Biotech Co Ltd ROCO:6661
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Welgene Biotech 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.

Welgene Biotech Co'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
=( (16.906 + 25.166) / 2 ) / 219.761*365
=21.036 / 219.761*365
=34.94

Welgene Biotech Co'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
=( (21.599 + 25.166) / 2 ) / 57.489*365 / 4
=23.3825 / 57.489*365 / 4
=37.11

* 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 37.11 mean?
Welgene Biotech Co (ROCO:6661) has a Days Payable of 37.11 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 Welgene Biotech Co and its competitors. This is 16% above median its historical median of 31.94. Over the past decade, Welgene Biotech Co's Days Payable has ranged from 26.82 to 41.26. According to the industry distribution chart, Welgene Biotech Co ranks #147 out of 190 companies in the Medical Diagnostics & Research industry, placing it in the top 77.4%.
Is Welgene Biotech Co's Days Payable too high?
Welgene Biotech Co's current Days Payable of 37.11 is 16% above median its 10-year median of 31.94. Over the past 10 years, this metric has ranged from a low of 26.82 to a high of 41.26. The Medical Diagnostics & Research industry median Days Payable is 64.64. Welgene Biotech Co's value of 37.11 is 42.6% below this industry median. Based on the distribution chart, Welgene Biotech Co ranks #147 out of 190 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Welgene Biotech Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Welgene Biotech Co's Days Payable compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Welgene Biotech Co ranks #147 out of 190 companies for Days Payable. This places Welgene Biotech Co in the lower half of its industry. The industry median Days Payable is 64.64. Welgene Biotech Co's value of 37.11 is 42.6% below this benchmark. Historically, Welgene Biotech Co's own Days Payable has ranged from 26.82 to 41.26 over the past decade. While the company's 10-year median is 31.94 vs. the industry median of 64.64, Welgene Biotech 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 Medical Diagnostics & Research company?
The median Days Payable among Medical Diagnostics & Research companies is 64.64, based on 190 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. Welgene Biotech Co's current Days Payable of 37.11 is 42.6% 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 Welgene Biotech Co and its competitors. For the Medical Diagnostics & Research industry, the median Days Payable is 64.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welgene Biotech Co's current Days Payable is 37.11, which is 16% above median its own 10-year median of 31.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welgene Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Welgene Biotech Co (ROCO:6661) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.93, compared to a current price of NT$17.55 — trading 41.4% below its estimated fair value. The current Days Payable is 37.11, which is 16% above median its 10-year median of 31.94 and 42.6% below the Medical Diagnostics & Research industry median of 64.64. Welgene Biotech Co's overall GF Score™ is 70/100 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 Welgene Biotech Co (ROCO:6661), the current Days Payable is 37.11 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 Welgene Biotech Co (ROCO:6661) Overvalued in 2026?

Based on GuruFocus' analysis, Welgene Biotech Co stock appears to be undervalued. The current stock price of NT$17.55 is trading 41.4% below its estimated GF Value™ of NT$29.93. GuruFocus considers Welgene Biotech Co to be Possible Value Trap.

Key valuation signals for ROCO:6661:

  • Days Payable: 37.11 (16% above median its 10-year median of 31.94)
  • GF Value™: NT$29.93 vs. price of NT$17.55 (41.4% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 42.6% below the Medical Diagnostics & Research median (#147 of 190)

No single metric tells the full story. See the ROCO:6661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welgene Biotech Co Business Description

Address No. 3, Yuanqu Street, 12th Floor, Nangang District, Taipei, TWN, 115603
Welgene Biotech Co Ltd is engaged in providing genetic and biotechnology testing services and related products. Its offerings include next-generation sequencing (NGS) services, DNA microarray and PCR-based testing solutions, biotechnology reagents, diagnostic products, and laboratory instruments. The company also engages in the trading of medical and biotechnology equipment.
70GF Score

Get the complete analysis for ROCO:6661

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

NT$17.55
Price
NT$29.93
GF Value