Tien Li Offshore Wind Technology Co (ROCO:6793) Days Payable: 0.41 (As of Dec. 2025) — 83% Below Median

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ROCO:6793 Tien Li Offshore Wind Technology Co Ltd ROCO:6793
56 GF Score
Price NT$6.30
GF Value NT$6.96
Valuation Fairly Valued
! 4 Warning Signs
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What is Tien Li Offshore Wind Technology Co Days Payable?

Tien Li Offshore Wind Technology Co ROCO:6793 -1.87% 56 Days Payable is 0.41 as of Dec. 2025, which is 83% below its 10-year median of 2.46. GuruFocus rates ROCO:6793 with a GF Score™ of 56/100 and a GF Value™ of NT$6.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,992 Industrial Products companies, Tien Li Offshore Wind Technology Co ranks worse than 99.63% on this metric.

Tien Li Offshore Wind Technology Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$0.2 Mil. Tien Li Offshore Wind Technology Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$96.9 Mil. Hence, Tien Li Offshore Wind Technology Co's Days Payable for the six months ended in Dec. 2025 was 0.41.

The historical rank and industry rank for Tien Li Offshore Wind Technology Co's Days Payable or its related term are showing as below:

ROCO:6793' s Days Payable Range Over the Past 10 Years
Min: 0.83   Med: 2.46   Max: 15.05
Current: 3.77

During the past 9 years, Tien Li Offshore Wind Technology Co's highest Days Payable was 15.05. The lowest was 0.83. And the median was 2.46.

ROCO:6793's Days Payable is ranked worse than
99.63% of 2992 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:6793: 3.77

Tien Li Offshore Wind Technology Co's Days Payable declined from Dec. 2024 (2.43) to Dec. 2025 (0.41). It may suggest that Tien Li Offshore Wind Technology Co accelerated paying its suppliers.


Tien Li Offshore Wind Technology Co Days Payable Related Terms


Tien Li Offshore Wind Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology Co Days Payable Chart

Tien Li Offshore Wind Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 3.46 1.17 0.83 1.46 4.83

Tien Li Offshore Wind Technology Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1.01 1.76 2.43 1.68 0.41

ROCO:6793 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Tien Li Offshore Wind Technology 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.


Tien Li Offshore Wind Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tien Li Offshore Wind Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tien Li Offshore Wind Technology Co's Days Payable falls into.


ROCO:6793
56GF Score
Tien Li Offshore Wind Technology Co Ltd ROCO:6793
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology 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
=( (5.15 + 0) / 1 ) / 389.212*365
=5.15 / 389.212*365
=4.83

Tien Li Offshore Wind Technology 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.217 + 0) / 1 ) / 96.876*365 / 2
=0.217 / 96.876*365 / 2
=0.41

* 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 0.41 mean?
Tien Li Offshore Wind Technology Co (ROCO:6793) has a Days Payable of 0.41 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 Tien Li Offshore Wind Technology Co and its competitors. This is 83% below median its historical median of 2.46. Over the past decade, Tien Li Offshore Wind Technology Co's Days Payable has ranged from 0.83 to 15.05. According to the industry distribution chart, Tien Li Offshore Wind Technology Co ranks #2981 out of 2992 companies in the Industrial Products industry, placing it in the top 99.6%.
Is Tien Li Offshore Wind Technology Co's Days Payable too high?
Tien Li Offshore Wind Technology Co's current Days Payable of 0.41 is 83% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 15.05. The Industrial Products industry median Days Payable is 78.05. Tien Li Offshore Wind Technology Co's value of 0.41 is 99.5% below this industry median. Based on the distribution chart, Tien Li Offshore Wind Technology Co ranks #2981 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tien Li Offshore Wind Technology Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tien Li Offshore Wind Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tien Li Offshore Wind Technology Co ranks #2981 out of 2992 companies for Days Payable. This places Tien Li Offshore Wind Technology Co in the lower half of its industry. The industry median Days Payable is 78.05. Tien Li Offshore Wind Technology Co's value of 0.41 is 99.5% below this benchmark. Historically, Tien Li Offshore Wind Technology Co's own Days Payable has ranged from 0.83 to 15.05 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 78.05, Tien Li Offshore Wind Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,992 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. Tien Li Offshore Wind Technology Co's current Days Payable of 0.41 is 99.5% 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 Tien Li Offshore Wind Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tien Li Offshore Wind Technology Co's current Days Payable is 0.41, which is 83% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tien Li Offshore Wind Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tien Li Offshore Wind Technology Co (ROCO:6793) is currently considered Fairly Valued. The stock's GF Value™ is NT$6.96, compared to a current price of NT$6.30 — trading 9.5% below its estimated fair value. The current Days Payable is 0.41, which is 83% below median its 10-year median of 2.46 and 99.5% below the Industrial Products industry median of 78.05. Tien Li Offshore Wind Technology Co's overall GF Score™ is 56/100 with 4 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 Tien Li Offshore Wind Technology Co (ROCO:6793), the current Days Payable is 0.41 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 Tien Li Offshore Wind Technology Co (ROCO:6793) Overvalued in 2026?

Based on GuruFocus' analysis, Tien Li Offshore Wind Technology Co stock appears to be undervalued. The current stock price of NT$6.30 is trading 9.5% below its estimated GF Value™ of NT$6.96. GuruFocus considers Tien Li Offshore Wind Technology Co to be Fairly Valued.

Key valuation signals for ROCO:6793:

  • Days Payable: 0.41 (83% below median its 10-year median of 2.46)
  • GF Value™: NT$6.96 vs. price of NT$6.30 (9.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 99.5% below the Industrial Products median (#2981 of 2992)

No single metric tells the full story. See the ROCO:6793 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tien Li Offshore Wind Technology Co Business Description

Address No. 235, Huangang Road, Longjing District, Taichung, TWN, 10596
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.
56GF Score

Get the complete analysis for ROCO:6793

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

NT$6.30
Price
NT$6.96
GF Value