Axman Enterprise CoROCO:6804 70 Days Payable is 51.05 as of Dec. 2025, which is 16% below its 10-year median of 60.69. GuruFocus rates ROCO:6804 with a GF Score™ of 70/100 and a GF Value™ of NT$16.08 (Fairly Valued). The stock has 5 warning signs investors should review. Among 780 Travel & Leisure companies, Axman Enterprise Co ranks worse than 54.62% on this metric.
The historical rank and industry rank for Axman Enterprise Co's Days Payable or its related term are showing as below:
ROCO:6804'
s Days Payable Range Over the Past 10 Years
Min: 47.16 Med: 60.69 Max: 89.39
Current: 51.67
During the past 8 years, Axman Enterprise Co's highest Days Payable was 89.39. The lowest was 47.16. And the median was 60.69.
ROCO:6804's Days Payable is ranked worse than 54.62% of 780
companies
in the Travel & Leisure industry
Industry Median: 57.215
vs ROCO:6804: 51.67
Axman Enterprise Co's Days Payable
declined
from Dec. 2024 (54.44) to Dec. 2025 (51.05).
It may suggest that Axman Enterprise Coaccelerated paying its suppliers.
Axman Enterprise Co Days Payable Related Terms
Axman Enterprise Co Days Payable Historical Data
* Premium members only.
The historical data trend for Axman Enterprise 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.
ROCO:6804 vs AS, HAS, LTH: Days Payable Comparison
For the Leisure subindustry, Axman Enterprise 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.
Axman Enterprise Co Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Axman Enterprise Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Axman Enterprise Co's Days Payable falls into.
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.
Axman Enterprise Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Axman Enterprise Co (ROCO:6804) has a Days Payable of 51.05 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 Axman Enterprise Co and its competitors. This is 16% below median its historical median of 60.69. Over the past decade, Axman Enterprise Co's Days Payable has ranged from 47.16 to 89.39. According to the industry distribution chart, Axman Enterprise Co ranks #426 out of 780 companies in the Travel & Leisure industry, placing it in the top 54.6%.
Is Axman Enterprise Co's Days Payable too high?
Axman Enterprise Co's current Days Payable of 51.05 is 16% below median its 10-year median of 60.69. Over the past 10 years, this metric has ranged from a low of 47.16 to a high of 89.39. The Travel & Leisure industry median Days Payable is 57.22. Axman Enterprise Co's value of 51.05 is 10.8% below this industry median. Based on the distribution chart, Axman Enterprise Co ranks #426 out of 780 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Axman Enterprise Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axman Enterprise Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Axman Enterprise Co ranks #426 out of 780 companies for Days Payable. This places Axman Enterprise Co in the lower half of its industry. The industry median Days Payable is 57.22. Axman Enterprise Co's value of 51.05 is 10.8% below this benchmark. Historically, Axman Enterprise Co's own Days Payable has ranged from 47.16 to 89.39 over the past decade. While the company's 10-year median is 60.69 vs. the industry median of 57.22, Axman Enterprise 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 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. Axman Enterprise Co's current Days Payable of 51.05 is 10.8% 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 Axman Enterprise Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axman Enterprise Co's current Days Payable is 51.05, which is 16% below median its own 10-year median of 60.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axman Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Axman Enterprise Co (ROCO:6804) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.08, compared to a current price of NT$15.90 — trading 1.1% below its estimated fair value. The current Days Payable is 51.05, which is 16% below median its 10-year median of 60.69 and 10.8% below the Travel & Leisure industry median of 57.22. Axman Enterprise Co's overall GF Score™ is 70/100 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 Axman Enterprise Co (ROCO:6804), the current Days Payable is 51.05 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 Axman Enterprise Co (ROCO:6804) Overvalued in 2026?
Based on GuruFocus' analysis, Axman Enterprise Co stock appears to be undervalued.
The current stock price of NT$15.90 is trading 1.1% below its estimated GF Value™ of NT$16.08.
GuruFocus considers Axman Enterprise Co to be Fairly Valued.
Key valuation signals for ROCO:6804:
Days Payable: 51.05 (16% below median its 10-year median of 60.69)
GF Value™: NT$16.08 vs. price of NT$15.90 (1.1% below fair value)
Industry Position: 10.8% below the Travel & Leisure median (#426 of 780)
No single metric tells the full story. See the ROCO:6804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axman Enterprise Co Ltd is engaged in the design and manufacture of bicycles, road bikes, and mountain bikes. It also manufactures and supplies carbon fiber frame sets. Geographically, the company generates the majority of its revenue from America, and the rest from Canada, the United Kingdom, Germany, and other markets.
70GF Score
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