Honor Seiki Co (ROCO:7709) Days Payable: 81.03 (As of Dec. 2025) — Near Median


ROCO:7709 Honor Seiki Co Ltd ROCO:7709
47 GF Score
Price NT$78.20
! 5 Warning Signs
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What is Honor Seiki Co Days Payable?

Honor Seiki Co ROCO:7709 -9.70% 47 Days Payable is 81.03 as of Dec. 2025, which is 1% below its 10-year median of 82.26. GuruFocus rates ROCO:7709 with a GF Score™ of 47/100. The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Honor Seiki Co ranks better than 60.52% on this metric.

Honor Seiki Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$218 Mil. Honor Seiki Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$246 Mil. Hence, Honor Seiki Co's Days Payable for the three months ended in Dec. 2025 was 81.03.

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

ROCO:7709' s Days Payable Range Over the Past 10 Years
Min: 64.43   Med: 82.26   Max: 125.65
Current: 99.37

During the past 6 years, Honor Seiki Co's highest Days Payable was 125.65. The lowest was 64.43. And the median was 82.26.

ROCO:7709's Days Payable is ranked better than
60.52% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs ROCO:7709: 99.37

Honor Seiki Co's Days Payable increased from Dec. 2024 (56.69) to Dec. 2025 (81.03). It may suggest that Honor Seiki Co delayed paying its suppliers.


Honor Seiki Co Days Payable Historical Data

* Premium members only.

The historical data trend for Honor Seiki 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.

Honor Seiki Co Days Payable Chart

Honor Seiki Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 64.43 125.65 92.81 65.61 94.71

Honor Seiki Co Quarterly Data
Dec20 Dec21 Dec22 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 56.69 122.64 87.39 130.77 81.03

ROCO:7709 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Honor Seiki 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.


Honor Seiki Co Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Honor Seiki Co's Days Payable falls into.


ROCO:7709
47GF Score
Honor Seiki Co Ltd ROCO:7709
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Honor Seiki 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.

Honor Seiki 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
=( (167.079 + 205.011) / 2 ) / 716.987*365
=186.045 / 716.987*365
=94.71

Honor Seiki 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (231.527 + 205.011) / 2 ) / 245.803*365 / 4
=218.269 / 245.803*365 / 4
=81.03

* 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 81.03 mean?
Honor Seiki Co (ROCO:7709) has a Days Payable of 81.03 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 Honor Seiki Co and its competitors. This is near median its historical median of 82.26. Over the past decade, Honor Seiki Co's Days Payable has ranged from 64.43 to 125.65. According to the industry distribution chart, Honor Seiki Co ranks #1179 out of 2986 companies in the Industrial Products industry, placing it in the top 39.5%.
Is Honor Seiki Co's Days Payable too high?
Honor Seiki Co's current Days Payable of 81.03 is near median its 10-year median of 82.26. Over the past 10 years, this metric has ranged from a low of 64.43 to a high of 125.65. The Industrial Products industry median Days Payable is 78.07. Honor Seiki Co's value of 81.03 is 3.8% above this industry median. Based on the distribution chart, Honor Seiki Co ranks #1179 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Honor Seiki Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Honor Seiki Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Honor Seiki Co ranks #1179 out of 2986 companies for Days Payable. This puts Honor Seiki Co in the upper half of its industry. The industry median Days Payable is 78.07. Honor Seiki Co's value of 81.03 is 3.8% above this benchmark. Historically, Honor Seiki Co's own Days Payable has ranged from 64.43 to 125.65 over the past decade. While the company's 10-year median is 82.26 vs. the industry median of 78.07, Honor Seiki Co has consistently been above 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 78.07, based on 2,986 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. Honor Seiki Co's current Days Payable of 81.03 is 3.8% above 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 Honor Seiki Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honor Seiki Co's current Days Payable is 81.03, which is near median its own 10-year median of 82.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honor Seiki Co stock overvalued right now?
Honor Seiki Co (ROCO:7709) has a current Days Payable of 81.03. The current Days Payable is 81.03, which is near median its 10-year median of 82.26 and 3.8% above the Industrial Products industry median of 78.07. Honor Seiki Co's overall GF Score™ is 47/100 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 Honor Seiki Co (ROCO:7709), the current Days Payable is 81.03 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.

Honor Seiki Co Business Description

Address No. 6, Zhongshan Road, Section II, Hunei District, Kaohsiung, TWN
Honor Seiki Co Ltd is engaged in the business of manufacturing, trading, designing, and installing various hardware and mechanical products. It mainly focuses on the production of Vertical lathes, and its main product offerings are CNC Vertical Lathe, CNC Vertical Turning Center and, CNC Vertical Grinding Machine, CNC Planar Turning/Milling/Grinding Center, and CNC special-purpose machines.
47GF Score

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NT$78.20
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