IOVTEC CoROCO:7583 -2.12%19 Days Payable is 42.23 as of Dec. 2025, which is 35% below its 10-year median of 64.86. GuruFocus rates ROCO:7583 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,709 Construction companies, IOVTEC Co ranks worse than 66.24% on this metric.
IOVTEC Co's average Accounts Payable for the
six
months ended in Dec. 2025 was NT$139 Mil. IOVTEC Co's Cost of Goods Sold for the
six
months ended in Dec. 2025 was NT$601 Mil.
Hence, IOVTEC Co's Days Payable for the
six
months ended in Dec. 2025 was 42.23.
The historical rank and industry rank for IOVTEC Co's Days Payable or its related term are showing as below:
ROCO:7583'
s Days Payable Range Over the Past 10 Years
Min: 53.51 Med: 64.86 Max: 166.15
Current: 55.13
During the past 5 years, IOVTEC Co's highest Days Payable was 166.15. The lowest was 53.51. And the median was 64.86.
ROCO:7583's Days Payable is ranked worse than 66.24% of 1709
companies
in the Construction industry
Industry Median: 76.67
vs ROCO:7583: 55.13
IOVTEC Co's Days Payable
declined
from Dec. 2024 (81.73) to Dec. 2025 (42.23).
It may suggest that IOVTEC Coaccelerated paying its suppliers.
IOVTEC Co Days Payable Related Terms
IOVTEC Co Days Payable Historical Data
* Premium members only.
The historical data trend for IOVTEC 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:7583 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, IOVTEC 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.
IOVTEC Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, IOVTEC Co's Days Payable distribution charts can be found below:
* The bar in red indicates where IOVTEC 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.
IOVTEC 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.
IOVTEC Co (ROCO:7583) has a Days Payable of 42.23 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 IOVTEC Co and its competitors. This is 35% below median its historical median of 64.86. Over the past decade, IOVTEC Co's Days Payable has ranged from 53.51 to 166.15. According to the industry distribution chart, IOVTEC Co ranks #1132 out of 1709 companies in the Construction industry, placing it in the top 66.2%.
Is IOVTEC Co's Days Payable too high?
IOVTEC Co's current Days Payable of 42.23 is 35% below median its 10-year median of 64.86. Over the past 10 years, this metric has ranged from a low of 53.51 to a high of 166.15. The Construction industry median Days Payable is 76.67. IOVTEC Co's value of 42.23 is 44.9% below this industry median. Based on the distribution chart, IOVTEC Co ranks #1132 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, IOVTEC Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does IOVTEC Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, IOVTEC Co ranks #1132 out of 1709 companies for Days Payable. This places IOVTEC Co in the lower half of its industry. The industry median Days Payable is 76.67. IOVTEC Co's value of 42.23 is 44.9% below this benchmark. Historically, IOVTEC Co's own Days Payable has ranged from 53.51 to 166.15 over the past decade. While the company's 10-year median is 64.86 vs. the industry median of 76.67, IOVTEC 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. IOVTEC Co's current Days Payable of 42.23 is 44.9% 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 IOVTEC Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOVTEC Co's current Days Payable is 42.23, which is 35% below median its own 10-year median of 64.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOVTEC Co stock overvalued right now?
IOVTEC Co (ROCO:7583) has a current Days Payable of 42.23. The current Days Payable is 42.23, which is 35% below median its 10-year median of 64.86 and 44.9% below the Construction industry median of 76.67. IOVTEC Co's overall GF Score™ is 19/100 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 IOVTEC Co (ROCO:7583), the current Days Payable is 42.23 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.
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.
19GF Score
Get the complete analysis for ROCO:7583
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:7583 has been successfully added to your 
