Spirit Scientific Co (ROCO:7790) Days Payable: 20.25 (As of Dec. 2025) — 16% Below Median

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ROCO:7790 Spirit Scientific Co Ltd ROCO:7790
21 GF Score
Price NT$52.10
! 2 Warning Signs
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What is Spirit Scientific Co Days Payable?

Spirit Scientific Co ROCO:7790 +0.77% 21 Days Payable is 20.25 as of Dec. 2025, which is 16% below its 10-year median of 24.11. GuruFocus rates ROCO:7790 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 701 Biotechnology companies, Spirit Scientific Co ranks worse than 68.33% on this metric.

Spirit Scientific Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$3.3 Mil. Spirit Scientific Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$14.7 Mil. Hence, Spirit Scientific Co's Days Payable for the three months ended in Dec. 2025 was 20.25.

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

ROCO:7790' s Days Payable Range Over the Past 10 Years
Min: 22.9   Med: 24.11   Max: 49.23
Current: 49.23

During the past 5 years, Spirit Scientific Co's highest Days Payable was 49.23. The lowest was 22.90. And the median was 24.11.

ROCO:7790's Days Payable is ranked worse than
68.33% of 701 companies
in the Biotechnology industry
Industry Median: 112.84 vs ROCO:7790: 49.23

Spirit Scientific Co's Days Payable declined from Sep. 2024 (33.86) to Dec. 2025 (20.25). It may suggest that Spirit Scientific Co accelerated paying its suppliers.


Spirit Scientific Co Days Payable Historical Data

* Premium members only.

The historical data trend for Spirit Scientific 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.

Spirit Scientific Co Days Payable Chart

Spirit Scientific Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
36.84 24.11 22.90 30.30 24.01

Spirit Scientific Co Quarterly Data
Dec21 Dec22 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 33.86 32.06 0.00 27.14 20.25

ROCO:7790 vs VRTX, REGN, ALNY: Days Payable Comparison

For the Biotechnology subindustry, Spirit Scientific 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.


Spirit Scientific Co Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Spirit Scientific Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Spirit Scientific Co's Days Payable falls into.


ROCO:7790
21GF Score
Spirit Scientific Co Ltd ROCO:7790
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Spirit Scientific 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.

Spirit Scientific 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
=( (4.15 + 3.011) / 2 ) / 54.429*365
=3.5805 / 54.429*365
=24.01

Spirit Scientific 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
=( (3.498 + 3.011) / 2 ) / 14.667*365 / 4
=3.2545 / 14.667*365 / 4
=20.25

* 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 20.25 mean?
Spirit Scientific Co (ROCO:7790) has a Days Payable of 20.25 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 Spirit Scientific Co and its competitors. This is 16% below median its historical median of 24.11. Over the past decade, Spirit Scientific Co's Days Payable has ranged from 22.90 to 49.23. According to the industry distribution chart, Spirit Scientific Co ranks #479 out of 701 companies in the Biotechnology industry, placing it in the top 68.3%.
Is Spirit Scientific Co's Days Payable too high?
Spirit Scientific Co's current Days Payable of 20.25 is 16% below median its 10-year median of 24.11. Over the past 10 years, this metric has ranged from a low of 22.90 to a high of 49.23. The Biotechnology industry median Days Payable is 112.84. Spirit Scientific Co's value of 20.25 is 82.1% below this industry median. Based on the distribution chart, Spirit Scientific Co ranks #479 out of 701 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Spirit Scientific Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Spirit Scientific Co's Days Payable compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Spirit Scientific Co ranks #479 out of 701 companies for Days Payable. This places Spirit Scientific Co in the lower half of its industry. The industry median Days Payable is 112.84. Spirit Scientific Co's value of 20.25 is 82.1% below this benchmark. Historically, Spirit Scientific Co's own Days Payable has ranged from 22.90 to 49.23 over the past decade. While the company's 10-year median is 24.11 vs. the industry median of 112.84, Spirit Scientific 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 112.84, based on 701 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. Spirit Scientific Co's current Days Payable of 20.25 is 82.1% 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 Spirit Scientific Co and its competitors. For the Biotechnology industry, the median Days Payable is 112.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirit Scientific Co's current Days Payable is 20.25, which is 16% below median its own 10-year median of 24.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Scientific Co stock overvalued right now?
Spirit Scientific Co (ROCO:7790) has a current Days Payable of 20.25. The current Days Payable is 20.25, which is 16% below median its 10-year median of 24.11 and 82.1% below the Biotechnology industry median of 112.84. Spirit Scientific Co's overall GF Score™ is 21/100 with 2 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 Spirit Scientific Co (ROCO:7790), the current Days Payable is 20.25 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.

Spirit Scientific Co Business Description

Address Xintai 5th Road, 19th Floor. No-12, No.93, Section 1, Xizhi District, New Taipei, TWN, 221
Spirit Scientific Co Ltd is engaged in precision regenerative medicine, specializing in platelet cryocrystallization technology and Bio Material Lyophilized Technology (BMLT). The company provides solutions for extracting high-concentration platelet growth factors, enabling safe, flexible, and long-term storage therapies. Spirit Biotech delivers cutting-edge autologous healing reagent preparation services, along with OEM and ODM models. With a focus on unmet medical needs, the company transforms patented technologies into scalable solutions, advancing the future of regenerative healthcare.
21GF Score

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