Teh Seng Pharmaceutical Mfg Co (ROCO:7860) Days Payable: 19.43 (As of Dec. 2025) — 21% Below Median

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ROCO:7860 Teh Seng Pharmaceutical Mfg Co Ltd ROCO:7860
23 GF Score
Price NT$81.50
! 7 Warning Signs
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What is Teh Seng Pharmaceutical Mfg Co Days Payable?

Teh Seng Pharmaceutical Mfg Co ROCO:7860 +4.35% 23 Days Payable is 19.43 as of Dec. 2025, which is 21% below its 10-year median of 24.72. GuruFocus rates ROCO:7860 with a GF Score™ of 23/100. The stock has 7 warning signs investors should review. Among 925 Drug Manufacturers companies, Teh Seng Pharmaceutical Mfg Co ranks worse than 94.59% on this metric.

Teh Seng Pharmaceutical Mfg Co's average Accounts Payable for the six months ended in Dec. 2025 was NT$33.6 Mil. Teh Seng Pharmaceutical Mfg Co's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$315.9 Mil. Hence, Teh Seng Pharmaceutical Mfg Co's Days Payable for the six months ended in Dec. 2025 was 19.43.

The historical rank and industry rank for Teh Seng Pharmaceutical Mfg Co's Days Payable or its related term are showing as below:

ROCO:7860' s Days Payable Range Over the Past 10 Years
Min: 21.49   Med: 24.72   Max: 25.42
Current: 21.61

During the past 3 years, Teh Seng Pharmaceutical Mfg Co's highest Days Payable was 25.42. The lowest was 21.49. And the median was 24.72.

ROCO:7860's Days Payable is ranked worse than
94.59% of 925 companies
in the Drug Manufacturers industry
Industry Median: 90.38 vs ROCO:7860: 21.61

Teh Seng Pharmaceutical Mfg Co's Days Payable declined from Dec. 2024 (24.53) to Dec. 2025 (19.43). It may suggest that Teh Seng Pharmaceutical Mfg Co accelerated paying its suppliers.


Teh Seng Pharmaceutical Mfg Co Days Payable Historical Data

* Premium members only.

The historical data trend for Teh Seng Pharmaceutical Mfg 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.

Teh Seng Pharmaceutical Mfg Co Days Payable Chart

Teh Seng Pharmaceutical Mfg Co Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
25.42 24.72 21.49

Teh Seng Pharmaceutical Mfg Co Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable 0.00 24.91 24.53 24.04 19.43

ROCO:7860 vs ZTS, UTHR: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Teh Seng Pharmaceutical Mfg 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.


Teh Seng Pharmaceutical Mfg Co Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Teh Seng Pharmaceutical Mfg Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Teh Seng Pharmaceutical Mfg Co's Days Payable falls into.


ROCO:7860
23GF Score
Teh Seng Pharmaceutical Mfg Co Ltd ROCO:7860
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Teh Seng Pharmaceutical Mfg 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.

Teh Seng Pharmaceutical Mfg 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
=( (41.59 + 30.58) / 2 ) / 612.981*365
=36.085 / 612.981*365
=21.49

Teh Seng Pharmaceutical Mfg 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (36.691 + 30.58) / 2 ) / 315.892*365 / 2
=33.6355 / 315.892*365 / 2
=19.43

* 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 19.43 mean?
Teh Seng Pharmaceutical Mfg Co (ROCO:7860) has a Days Payable of 19.43 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 Teh Seng Pharmaceutical Mfg Co and its competitors. This is 21% below median its historical median of 24.72. Over the past decade, Teh Seng Pharmaceutical Mfg Co's Days Payable has ranged from 21.49 to 25.42. According to the industry distribution chart, Teh Seng Pharmaceutical Mfg Co ranks #875 out of 925 companies in the Drug Manufacturers industry, placing it in the top 94.6%.
Is Teh Seng Pharmaceutical Mfg Co's Days Payable too high?
Teh Seng Pharmaceutical Mfg Co's current Days Payable of 19.43 is 21% below median its 10-year median of 24.72. Over the past 10 years, this metric has ranged from a low of 21.49 to a high of 25.42. The Drug Manufacturers industry median Days Payable is 90.38. Teh Seng Pharmaceutical Mfg Co's value of 19.43 is 78.5% below this industry median. Based on the distribution chart, Teh Seng Pharmaceutical Mfg Co ranks #875 out of 925 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Teh Seng Pharmaceutical Mfg Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Teh Seng Pharmaceutical Mfg Co's Days Payable compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Teh Seng Pharmaceutical Mfg Co ranks #875 out of 925 companies for Days Payable. This places Teh Seng Pharmaceutical Mfg Co in the lower half of its industry. The industry median Days Payable is 90.38. Teh Seng Pharmaceutical Mfg Co's value of 19.43 is 78.5% below this benchmark. Historically, Teh Seng Pharmaceutical Mfg Co's own Days Payable has ranged from 21.49 to 25.42 over the past decade. While the company's 10-year median is 24.72 vs. the industry median of 90.38, Teh Seng Pharmaceutical Mfg 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.38, based on 925 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. Teh Seng Pharmaceutical Mfg Co's current Days Payable of 19.43 is 78.5% 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 Teh Seng Pharmaceutical Mfg Co and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teh Seng Pharmaceutical Mfg Co's current Days Payable is 19.43, which is 21% below median its own 10-year median of 24.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teh Seng Pharmaceutical Mfg Co stock overvalued right now?
Teh Seng Pharmaceutical Mfg Co (ROCO:7860) has a current Days Payable of 19.43. The current Days Payable is 19.43, which is 21% below median its 10-year median of 24.72 and 78.5% below the Drug Manufacturers industry median of 90.38. Teh Seng Pharmaceutical Mfg Co's overall GF Score™ is 23/100 with 7 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 Teh Seng Pharmaceutical Mfg Co (ROCO:7860), the current Days Payable is 19.43 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.

Teh Seng Pharmaceutical Mfg Co Business Description

Address No.42,Huan Gong Road, Yong Kang District, Tainan, TWN, 710001
Teh Seng Pharmaceutical Mfg Co Ltd is engaged in the development and manufacturing of various pain relieving patches, cosmetic patches and biotechnology products. Its products include: Hydrogel Patches, Oil-Based Patches, Hot-Melt Patches, CMO & CRO for Transdermal Patch, Oral Film & Sublingual, Cosmetic Patches, Biotechnology Products and Daily Supplements.
23GF Score

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

NT$81.50
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