Argo Yachts Development Co (ROCO:7566) Days Payable: 20.22 (As of Dec. 2025) — 66% Above Median


ROCO:7566 Argo Yachts Development Co Ltd ROCO:7566
56 GF Score
Price NT$12.10
GF Value NT$21.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is Argo Yachts Development Co Days Payable?

Argo Yachts Development Co ROCO:7566 56 Days Payable is 20.22 as of Dec. 2025, which is 66% above its 10-year median of 12.20. GuruFocus rates ROCO:7566 with a GF Score™ of 56/100 and a GF Value™ of NT$21.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 776 Travel & Leisure companies, Argo Yachts Development Co ranks worse than 83.63% on this metric.

Argo Yachts Development Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$14.9 Mil. Argo Yachts Development Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$134.6 Mil. Hence, Argo Yachts Development Co's Days Payable for the six months ended in Dec. 2025 was 20.22.

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

ROCO:7566' s Days Payable Range Over the Past 10 Years
Min: 7.86   Med: 12.2   Max: 41.88
Current: 18.87

During the past 8 years, Argo Yachts Development Co's highest Days Payable was 41.88. The lowest was 7.86. And the median was 12.20.

ROCO:7566's Days Payable is ranked worse than
83.63% of 776 companies
in the Travel & Leisure industry
Industry Median: 57.05 vs ROCO:7566: 18.87

Argo Yachts Development Co's Days Payable increased from Dec. 2024 (13.40) to Dec. 2025 (20.22). It may suggest that Argo Yachts Development Co delayed paying its suppliers.


Argo Yachts Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Argo Yachts Development 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.

Argo Yachts Development Co Days Payable Chart

Argo Yachts Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 8.60 8.52 7.86 12.63 20.00

Argo Yachts Development Co Semi-Annual Data
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 6.32 13.21 13.40 16.63 20.22

ROCO:7566 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Argo Yachts Development 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.


Argo Yachts Development Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Argo Yachts Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Argo Yachts Development Co's Days Payable falls into.


ROCO:7566
56GF Score
Argo Yachts Development Co Ltd ROCO:7566
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Yachts Development 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.

Argo Yachts Development 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
=( (14.834 + 16.704) / 2 ) / 287.83*365
=15.769 / 287.83*365
=20.00

Argo Yachts Development 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
=( (13.107 + 16.704) / 2 ) / 134.556*365 / 2
=14.9055 / 134.556*365 / 2
=20.22

* 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 20.22 mean?
Argo Yachts Development Co (ROCO:7566) has a Days Payable of 20.22 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 Argo Yachts Development Co and its competitors. This is 66% above median its historical median of 12.20. Over the past decade, Argo Yachts Development Co's Days Payable has ranged from 7.86 to 41.88. According to the industry distribution chart, Argo Yachts Development Co ranks #649 out of 776 companies in the Travel & Leisure industry, placing it in the top 83.6%.
Is Argo Yachts Development Co's Days Payable too high?
Argo Yachts Development Co's current Days Payable of 20.22 is 66% above median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 41.88. The Travel & Leisure industry median Days Payable is 57.05. Argo Yachts Development Co's value of 20.22 is 64.6% below this industry median. Based on the distribution chart, Argo Yachts Development Co ranks #649 out of 776 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Argo Yachts Development Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Yachts Development Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Argo Yachts Development Co ranks #649 out of 776 companies for Days Payable. This places Argo Yachts Development Co in the lower half of its industry. The industry median Days Payable is 57.05. Argo Yachts Development Co's value of 20.22 is 64.6% below this benchmark. Historically, Argo Yachts Development Co's own Days Payable has ranged from 7.86 to 41.88 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 57.05, Argo Yachts Development 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 57.05, based on 776 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. Argo Yachts Development Co's current Days Payable of 20.22 is 64.6% 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 Argo Yachts Development Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Yachts Development Co's current Days Payable is 20.22, which is 66% above median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Yachts Development Co stock overvalued right now?
Based on GuruFocus' analysis, Argo Yachts Development Co (ROCO:7566) is currently considered Possible Value Trap. The stock's GF Value™ is NT$21.97, compared to a current price of NT$12.10 — trading 44.9% below its estimated fair value. The current Days Payable is 20.22, which is 66% above median its 10-year median of 12.20 and 64.6% below the Travel & Leisure industry median of 57.05. Argo Yachts Development Co's overall GF Score™ is 56/100 with 7 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 Argo Yachts Development Co (ROCO:7566), the current Days Payable is 20.22 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 Argo Yachts Development Co (ROCO:7566) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Yachts Development Co stock appears to be undervalued. The current stock price of NT$12.10 is trading 44.9% below its estimated GF Value™ of NT$21.97. GuruFocus considers Argo Yachts Development Co to be Possible Value Trap.

Key valuation signals for ROCO:7566:

  • Days Payable: 20.22 (66% above median its 10-year median of 12.20)
  • GF Value™: NT$21.97 vs. price of NT$12.10 (44.9% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 64.6% below the Travel & Leisure median (#649 of 776)

No single metric tells the full story. See the ROCO:7566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argo Yachts Development Co Business Description

Address No. 777, Sector 2, Xingang Road, Anping District, Tainan, TWN, 708
Argo Yachts Development Co Ltd is engaged in operation of membership yacht club to provide diversified services such as berth, escrow and maintenance.
56GF Score

Get the complete analysis for ROCO:7566

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

NT$12.10
Price
NT$21.97
GF Value