Ritwin (ROCO:7816) Days Payable: 61.24 (As of Dec. 2025) — 46% Above Median

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ROCO:7816 Ritwin Corp ROCO:7816
18 GF Score
Price NT$53.20
! 4 Warning Signs
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What is Ritwin Days Payable?

Ritwin ROCO:7816 -4.14% 18 Days Payable is 61.24 as of Dec. 2025, which is 46% above its 10-year median of 41.83. GuruFocus rates ROCO:7816 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Ritwin ranks worse than 71.58% on this metric.

Ritwin's average Accounts Payable for the six months ended in Dec. 2025 was NT$354 Mil. Ritwin's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$1,056 Mil. Hence, Ritwin's Days Payable for the six months ended in Dec. 2025 was 61.24.

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

ROCO:7816' s Days Payable Range Over the Past 10 Years
Min: 28.8   Med: 41.83   Max: 62.01
Current: 47.13

During the past 6 years, Ritwin's highest Days Payable was 62.01. The lowest was 28.80. And the median was 41.83.

ROCO:7816's Days Payable is ranked worse than
71.58% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs ROCO:7816: 47.13

Ritwin's Days Payable declined from Dec. 2024 (62.73) to Dec. 2025 (61.24). It may suggest that Ritwin accelerated paying its suppliers.


Ritwin Days Payable Historical Data

* Premium members only.

The historical data trend for Ritwin'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.

Ritwin Days Payable Chart

Ritwin Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 28.80 41.83 52.85 62.01 39.59

Ritwin Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 44.44 40.77 62.73 43.53 61.24

ROCO:7816 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Ritwin'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.


Ritwin Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Ritwin's Days Payable falls into.


ROCO:7816
18GF Score
Ritwin Corp ROCO:7816
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ritwin 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.

Ritwin'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
=( (274.501 + 276.108) / 2 ) / 2538.332*365
=275.3045 / 2538.332*365
=39.59

Ritwin'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
=( (432.658 + 276.108) / 2 ) / 1056.02*365 / 2
=354.383 / 1056.02*365 / 2
=61.24

* 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 61.24 mean?
Ritwin (ROCO:7816) has a Days Payable of 61.24 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 Ritwin and its competitors. This is 46% above median its historical median of 41.83. Over the past decade, Ritwin's Days Payable has ranged from 28.80 to 62.01. According to the industry distribution chart, Ritwin ranks #2141 out of 2991 companies in the Industrial Products industry, placing it in the top 71.6%.
Is Ritwin's Days Payable too high?
Ritwin's current Days Payable of 61.24 is 46% above median its 10-year median of 41.83. Over the past 10 years, this metric has ranged from a low of 28.80 to a high of 62.01. The Industrial Products industry median Days Payable is 77.97. Ritwin's value of 61.24 is 21.5% below this industry median. Based on the distribution chart, Ritwin ranks #2141 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ritwin has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ritwin's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ritwin ranks #2141 out of 2991 companies for Days Payable. This places Ritwin in the lower half of its industry. The industry median Days Payable is 77.97. Ritwin's value of 61.24 is 21.5% below this benchmark. Historically, Ritwin's own Days Payable has ranged from 28.80 to 62.01 over the past decade. While the company's 10-year median is 41.83 vs. the industry median of 77.97, Ritwin 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Ritwin's current Days Payable of 61.24 is 21.5% 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 Ritwin and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ritwin's current Days Payable is 61.24, which is 46% above median its own 10-year median of 41.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ritwin stock overvalued right now?
Ritwin (ROCO:7816) has a current Days Payable of 61.24. The current Days Payable is 61.24, which is 46% above median its 10-year median of 41.83 and 21.5% below the Industrial Products industry median of 77.97. Ritwin's overall GF Score™ is 18/100 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 Ritwin (ROCO:7816), the current Days Payable is 61.24 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.

Ritwin Business Description

Address Kuanfu N. Road, No. 17, Hsin Chu Industrial Park, Hsin Chu County, Jhubei, TWN, 30351
Ritwin Corp manufactures energy storage systems and high-performance lithium battery modules, and provides complete energy reserve solutions. The products of the company include high-performance lithium battery modules, battery storage energy systems (BESS), energy management systems (EMS), uninterruptible power supply system battery modules (UPS), microgrid systems, and other application solutions.
18GF Score

Get the complete analysis for ROCO:7816

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

NT$53.20
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