Rayzher Industrial Co (ROCO:7703) Days Payable: 63.96 (As of Jun. 2026) — 22% Below Median

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ROCO:7703 Rayzher Industrial Co Ltd ROCO:7703
69 GF Score
Price NT$178.00
GF Value NT$229.47
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Rayzher Industrial Co Days Payable?

Rayzher Industrial Co ROCO:7703 -0.56% 69 Days Payable is 63.96 as of Jun. 2026, which is 22% below its 10-year median of 82.16. GuruFocus rates ROCO:7703 with a GF Score™ of 69/100 and a GF Value™ of NT$229.47 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,718 Construction companies, Rayzher Industrial Co ranks better than 50.12% on this metric.

Rayzher Industrial Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$408 Mil. Rayzher Industrial Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$582 Mil. Hence, Rayzher Industrial Co's Days Payable for the three months ended in Jun. 2026 was 63.96.

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

ROCO:7703' s Days Payable Range Over the Past 10 Years
Min: 69.39   Med: 82.16   Max: 158.51
Current: 76.61

During the past 7 years, Rayzher Industrial Co's highest Days Payable was 158.51. The lowest was 69.39. And the median was 82.16.

ROCO:7703's Days Payable is ranked better than
50.12% of 1718 companies
in the Construction industry
Industry Median: 76.565 vs ROCO:7703: 76.61

Rayzher Industrial Co's Days Payable declined from Jun. 2025 (68.42) to Jun. 2026 (63.96). It may suggest that Rayzher Industrial Co accelerated paying its suppliers.


Rayzher Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Rayzher Industrial 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.

Rayzher Industrial Co Days Payable Chart

Rayzher Industrial Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 83.77 85.52 76.38 69.39 80.54

Rayzher Industrial Co Quarterly Data
Dec19 Dec20 Dec21 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 68.42 87.90 68.29 86.54 63.96

ROCO:7703 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Rayzher Industrial 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.


Rayzher Industrial Co Days Payable vs Construction Industry

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

* The bar in red indicates where Rayzher Industrial Co's Days Payable falls into.


ROCO:7703
69GF Score
Rayzher Industrial Co Ltd ROCO:7703
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rayzher Industrial 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.

Rayzher Industrial 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
=( (390.388 + 486.191) / 2 ) / 1986.274*365
=438.2895 / 1986.274*365
=80.54

Rayzher Industrial 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
=( (326.437 + 489.393) / 2 ) / 582.002*365 / 4
=407.915 / 582.002*365 / 4
=63.96

* 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 63.96 mean?
Rayzher Industrial Co (ROCO:7703) has a Days Payable of 63.96 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 Rayzher Industrial Co and its competitors. This is 22% below median its historical median of 82.16. Over the past decade, Rayzher Industrial Co's Days Payable has ranged from 69.39 to 158.51. According to the industry distribution chart, Rayzher Industrial Co ranks #857 out of 1718 companies in the Construction industry, placing it in the top 49.9%.
Is Rayzher Industrial Co's Days Payable too high?
Rayzher Industrial Co's current Days Payable of 63.96 is 22% below median its 10-year median of 82.16. Over the past 10 years, this metric has ranged from a low of 69.39 to a high of 158.51. The Construction industry median Days Payable is 76.57. Rayzher Industrial Co's value of 63.96 is 16.5% below this industry median. Based on the distribution chart, Rayzher Industrial Co ranks #857 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, Rayzher Industrial Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rayzher Industrial Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Rayzher Industrial Co ranks #857 out of 1718 companies for Days Payable. This puts Rayzher Industrial Co in the upper half of its industry. The industry median Days Payable is 76.57. Rayzher Industrial Co's value of 63.96 is 16.5% below this benchmark. Historically, Rayzher Industrial Co's own Days Payable has ranged from 69.39 to 158.51 over the past decade. While the company's 10-year median is 82.16 vs. the industry median of 76.57, Rayzher Industrial 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 76.57, based on 1,718 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. Rayzher Industrial Co's current Days Payable of 63.96 is 16.5% 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 Rayzher Industrial Co and its competitors. For the Construction industry, the median Days Payable is 76.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rayzher Industrial Co's current Days Payable is 63.96, which is 22% below median its own 10-year median of 82.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayzher Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Rayzher Industrial Co (ROCO:7703) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$229.47, compared to a current price of NT$178.00 — trading 22.4% below its estimated fair value. The current Days Payable is 63.96, which is 22% below median its 10-year median of 82.16 and 16.5% below the Construction industry median of 76.57. Rayzher Industrial Co's overall GF Score™ is 69/100 with 6 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 Rayzher Industrial Co (ROCO:7703), the current Days Payable is 63.96 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 Rayzher Industrial Co (ROCO:7703) Overvalued in 2026?

Based on GuruFocus' analysis, Rayzher Industrial Co stock appears to be undervalued. The current stock price of NT$178.00 is trading 22.4% below its estimated GF Value™ of NT$229.47. GuruFocus considers Rayzher Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:7703:

  • Days Payable: 63.96 (22% below median its 10-year median of 82.16)
  • GF Value™: NT$229.47 vs. price of NT$178.00 (22.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 16.5% below the Construction median (#857 of 1718)

No single metric tells the full story. See the ROCO:7703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rayzher Industrial Co Business Description

Address Jiafeng South Road, 9th Floor, No. 76, Section 2, Hsinchu County, Zhubei, TWN, 302054
Rayzher Industrial Co Ltd is engaged mainly in the piping design, planning, and engineering management of equipment and facility systems related to high tech plants; the agency, manufacture, and installation of special gas supply systems; and the import and export sales of instruments, materials, and spare parts required for semiconductor equipment.
69GF Score

Get the complete analysis for ROCO:7703

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

NT$178.00
Price
NT$229.47
GF Value