Greenfiltec (ROCO:6823) Days Payable: 38.97 (As of Dec. 2025) — 17% Below Median

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ROCO:6823 Greenfiltec Ltd ROCO:6823
72 GF Score
Price NT$62.90
GF Value NT$62.89
Valuation Fairly Valued
! 5 Warning Signs
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What is Greenfiltec Days Payable?

Greenfiltec ROCO:6823 -7.91% 72 Days Payable is 38.97 as of Dec. 2025, which is 17% below its 10-year median of 47.08. GuruFocus rates ROCO:6823 with a GF Score™ of 72/100 and a GF Value™ of NT$62.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Greenfiltec ranks worse than 74.79% on this metric.

Greenfiltec's average Accounts Payable for the three months ended in Dec. 2025 was NT$88.4 Mil. Greenfiltec's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$207.0 Mil. Hence, Greenfiltec's Days Payable for the three months ended in Dec. 2025 was 38.97.

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

ROCO:6823' s Days Payable Range Over the Past 10 Years
Min: 30.42   Med: 47.08   Max: 84.97
Current: 43.64

During the past 8 years, Greenfiltec's highest Days Payable was 84.97. The lowest was 30.42. And the median was 47.08.

ROCO:6823's Days Payable is ranked worse than
74.79% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs ROCO:6823: 43.64

Greenfiltec's Days Payable declined from Dec. 2024 (45.00) to Dec. 2025 (38.97). It may suggest that Greenfiltec accelerated paying its suppliers.


Greenfiltec Days Payable Historical Data

* Premium members only.

The historical data trend for Greenfiltec'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.

Greenfiltec Days Payable Chart

Greenfiltec Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 51.78 65.88 84.97 30.42 42.37

Greenfiltec 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 45.00 52.08 70.78 32.36 38.97

ROCO:6823 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Greenfiltec'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.


Greenfiltec Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenfiltec's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenfiltec's Days Payable falls into.


ROCO:6823
72GF Score
Greenfiltec Ltd ROCO:6823
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenfiltec 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.

Greenfiltec'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
=( (42.184 + 97.396) / 2 ) / 601.24*365
=69.79 / 601.24*365
=42.37

Greenfiltec'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
=( (79.409 + 97.396) / 2 ) / 206.998*365 / 4
=88.4025 / 206.998*365 / 4
=38.97

* 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 38.97 mean?
Greenfiltec (ROCO:6823) has a Days Payable of 38.97 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 Greenfiltec and its competitors. This is 17% below median its historical median of 47.08. Over the past decade, Greenfiltec's Days Payable has ranged from 30.42 to 84.97. According to the industry distribution chart, Greenfiltec ranks #2237 out of 2991 companies in the Industrial Products industry, placing it in the top 74.8%.
Is Greenfiltec's Days Payable too high?
Greenfiltec's current Days Payable of 38.97 is 17% below median its 10-year median of 47.08. Over the past 10 years, this metric has ranged from a low of 30.42 to a high of 84.97. The Industrial Products industry median Days Payable is 78.05. Greenfiltec's value of 38.97 is 50.1% below this industry median. Based on the distribution chart, Greenfiltec ranks #2237 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Greenfiltec has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenfiltec's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Greenfiltec ranks #2237 out of 2991 companies for Days Payable. This places Greenfiltec in the lower half of its industry. The industry median Days Payable is 78.05. Greenfiltec's value of 38.97 is 50.1% below this benchmark. Historically, Greenfiltec's own Days Payable has ranged from 30.42 to 84.97 over the past decade. While the company's 10-year median is 47.08 vs. the industry median of 78.05, Greenfiltec 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 2,991 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. Greenfiltec's current Days Payable of 38.97 is 50.1% 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 Greenfiltec 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. Greenfiltec's current Days Payable is 38.97, which is 17% below median its own 10-year median of 47.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenfiltec stock overvalued right now?
Based on GuruFocus' analysis, Greenfiltec (ROCO:6823) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.89, compared to a current price of NT$62.90 — trading 0% above its estimated fair value. The current Days Payable is 38.97, which is 17% below median its 10-year median of 47.08 and 50.1% below the Industrial Products industry median of 78.05. Greenfiltec's overall GF Score™ is 72/100 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 Greenfiltec (ROCO:6823), the current Days Payable is 38.97 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 Greenfiltec (ROCO:6823) Overvalued in 2026?

Based on GuruFocus' analysis, Greenfiltec stock appears to be overvalued. The current stock price of NT$62.90 is trading 0% above its estimated GF Value™ of NT$62.89. GuruFocus considers Greenfiltec to be Fairly Valued.

Key valuation signals for ROCO:6823:

  • Days Payable: 38.97 (17% below median its 10-year median of 47.08)
  • GF Value™: NT$62.89 vs. price of NT$62.90 (0% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 50.1% below the Industrial Products median (#2237 of 2991)

No single metric tells the full story. See the ROCO:6823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenfiltec Business Description

Address Lane 199, Zhongshan Noth Road, 2nd Floor, No.98, Section 1, Yangmei District, Taoyuan, TWN, 32665
Greenfiltec Ltd is engaged in the technique of micro-pollution control. The company provides customized chemical filter products and services for clean air needs. Its product portfolio includes Mobile Trolleys, Mobile High Air Volume Trolleys, Machine Filters, and Stacked Chemical Filters among others. Geographically, the company derives a majority of its revenue from Taiwan and the rest from other regions.
72GF Score

Get the complete analysis for ROCO:6823

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

NT$62.90
Price
NT$62.89
GF Value