Proxene Tools Co (ROCO:6904) Days Payable: 27.02 (As of Jun. 2026) — 129% Above Median

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ROCO:6904 Proxene Tools Co Ltd ROCO:6904
67 GF Score
Price NT$124.50
GF Value NT$126.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Proxene Tools Co Days Payable?

Proxene Tools Co ROCO:6904 67 Days Payable is 27.02 as of Jun. 2026, which is 129% above its 10-year median of 11.80. GuruFocus rates ROCO:6904 with a GF Score™ of 67/100 and a GF Value™ of NT$126.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,996 Industrial Products companies, Proxene Tools Co ranks worse than 94.39% on this metric.

Proxene Tools Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$53.5 Mil. Proxene Tools Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$180.8 Mil. Hence, Proxene Tools Co's Days Payable for the three months ended in Jun. 2026 was 27.02.

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

ROCO:6904' s Days Payable Range Over the Past 10 Years
Min: 9.82   Med: 11.8   Max: 20.98
Current: 19.86

During the past 7 years, Proxene Tools Co's highest Days Payable was 20.98. The lowest was 9.82. And the median was 11.80.

ROCO:6904's Days Payable is ranked worse than
94.39% of 2996 companies
in the Industrial Products industry
Industry Median: 78.02 vs ROCO:6904: 19.86

Proxene Tools Co's Days Payable increased from Jun. 2025 (15.18) to Jun. 2026 (27.02). It may suggest that Proxene Tools Co delayed paying its suppliers.


Proxene Tools Co Days Payable Historical Data

* Premium members only.

The historical data trend for Proxene Tools 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.

Proxene Tools Co Days Payable Chart

Proxene Tools Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 20.98 18.06 11.07 9.82 10.36

Proxene Tools Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.18 13.60 14.15 19.87 27.02

ROCO:6904 vs SNA, RBC, SWK: Days Payable Comparison

For the Tools & Accessories subindustry, Proxene Tools 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.


Proxene Tools Co Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Proxene Tools Co's Days Payable falls into.


ROCO:6904
67GF Score
Proxene Tools Co Ltd ROCO:6904
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Proxene Tools 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.

Proxene Tools 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
=( (16.9 + 16.997) / 2 ) / 597.145*365
=16.9485 / 597.145*365
=10.36

Proxene Tools Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (53.463 + 53.612) / 2 ) / 180.81*365 / 4
=53.5375 / 180.81*365 / 4
=27.02

* 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 27.02 mean?
Proxene Tools Co (ROCO:6904) has a Days Payable of 27.02 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Proxene Tools Co and its competitors. This is 129% above median its historical median of 11.80. Over the past decade, Proxene Tools Co's Days Payable has ranged from 9.82 to 20.98. According to the industry distribution chart, Proxene Tools Co ranks #2828 out of 2996 companies in the Industrial Products industry, placing it in the top 94.4%.
Is Proxene Tools Co's Days Payable too high?
Proxene Tools Co's current Days Payable of 27.02 is 129% above median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 9.82 to a high of 20.98. The Industrial Products industry median Days Payable is 78.02. Proxene Tools Co's value of 27.02 is 65.4% below this industry median. Based on the distribution chart, Proxene Tools Co ranks #2828 out of 2996 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Proxene Tools Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Proxene Tools Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Proxene Tools Co ranks #2828 out of 2996 companies for Days Payable. This places Proxene Tools Co in the lower half of its industry. The industry median Days Payable is 78.02. Proxene Tools Co's value of 27.02 is 65.4% below this benchmark. Historically, Proxene Tools Co's own Days Payable has ranged from 9.82 to 20.98 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 78.02, Proxene Tools 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 78.02, based on 2,996 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. Proxene Tools Co's current Days Payable of 27.02 is 65.4% 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 Proxene Tools Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proxene Tools Co's current Days Payable is 27.02, which is 129% above median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxene Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Proxene Tools Co (ROCO:6904) is currently considered Fairly Valued. The stock's GF Value™ is NT$126.97, compared to a current price of NT$124.50 — trading 1.9% below its estimated fair value. The current Days Payable is 27.02, which is 129% above median its 10-year median of 11.80 and 65.4% below the Industrial Products industry median of 78.02. Proxene Tools Co's overall GF Score™ is 67/100 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 Proxene Tools Co (ROCO:6904), the current Days Payable is 27.02 as of Jun. 2026. 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 Proxene Tools Co (ROCO:6904) Overvalued in 2026?

Based on GuruFocus' analysis, Proxene Tools Co stock appears to be undervalued. The current stock price of NT$124.50 is trading 1.9% below its estimated GF Value™ of NT$126.97. GuruFocus considers Proxene Tools Co to be Fairly Valued.

Key valuation signals for ROCO:6904:

  • Days Payable: 27.02 (129% above median its 10-year median of 11.80)
  • GF Value™: NT$126.97 vs. price of NT$124.50 (1.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 65.4% below the Industrial Products median (#2828 of 2996)

No single metric tells the full story. See the ROCO:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Proxene Tools Co Business Description

Address No. 9-2, Lane 893, Zhongshan Road, Beizhuang Village, Shengang District, Taichung City, TWN, 42947
Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.
67GF Score

Get the complete analysis for ROCO:6904

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

NT$124.50
Price
NT$126.97
GF Value