Honey Hope Honesty Enterprise Co (ROCO:8043) Days Payable: 53.60 (As of Dec. 2025) — 47% Below Median


ROCO:8043 Honey Hope Honesty Enterprise Co Ltd ROCO:8043
50 GF Score
Price NT$202.50
GF Value NT$29.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Honey Hope Honesty Enterprise Co Days Payable?

Honey Hope Honesty Enterprise Co ROCO:8043 +2.79% 50 Days Payable is 53.60 as of Dec. 2025, which is 47% below its 10-year median of 101.29. GuruFocus rates ROCO:8043 with a GF Score™ of 50/100 and a GF Value™ of NT$29.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,436 Hardware companies, Honey Hope Honesty Enterprise Co ranks better than 51.11% on this metric.

Honey Hope Honesty Enterprise Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$974 Mil. Honey Hope Honesty Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,658 Mil. Hence, Honey Hope Honesty Enterprise Co's Days Payable for the three months ended in Dec. 2025 was 53.60.

The historical rank and industry rank for Honey Hope Honesty Enterprise Co's Days Payable or its related term are showing as below:

ROCO:8043' s Days Payable Range Over the Past 10 Years
Min: 70.72   Med: 101.29   Max: 116.75
Current: 70.72

During the past 13 years, Honey Hope Honesty Enterprise Co's highest Days Payable was 116.75. The lowest was 70.72. And the median was 101.29.

ROCO:8043's Days Payable is ranked better than
51.11% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:8043: 70.72

Honey Hope Honesty Enterprise Co's Days Payable declined from Dec. 2024 (80.27) to Dec. 2025 (53.60). It may suggest that Honey Hope Honesty Enterprise Co accelerated paying its suppliers.


Honey Hope Honesty Enterprise Co Days Payable Related Terms


Honey Hope Honesty Enterprise Co Days Payable Historical Data

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The historical data trend for Honey Hope Honesty Enterprise 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.

Honey Hope Honesty Enterprise Co Days Payable Chart

Honey Hope Honesty Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.83 109.92 95.75 84.75 71.53

Honey Hope Honesty Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.27 95.22 73.96 70.05 53.60

ROCO:8043 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Honey Hope Honesty Enterprise 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.


Honey Hope Honesty Enterprise Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Honey Hope Honesty Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Honey Hope Honesty Enterprise Co's Days Payable falls into.


ROCO:8043
50GF Score
Honey Hope Honesty Enterprise Co Ltd ROCO:8043
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Honey Hope Honesty Enterprise 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.

Honey Hope Honesty Enterprise 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
=( (1069.718 + 937.411) / 2 ) / 5121.13*365
=1003.5645 / 5121.13*365
=71.53

Honey Hope Honesty Enterprise 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
=( (1010.339 + 937.411) / 2 ) / 1658.022*365 / 4
=973.875 / 1658.022*365 / 4
=53.60

* 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 53.60 mean?
Honey Hope Honesty Enterprise Co (ROCO:8043) has a Days Payable of 53.60 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 Honey Hope Honesty Enterprise Co and its competitors. This is 47% below median its historical median of 101.29. Over the past decade, Honey Hope Honesty Enterprise Co's Days Payable has ranged from 70.72 to 116.75. According to the industry distribution chart, Honey Hope Honesty Enterprise Co ranks #1191 out of 2436 companies in the Hardware industry, placing it in the top 48.9%.
Is Honey Hope Honesty Enterprise Co's Days Payable too high?
Honey Hope Honesty Enterprise Co's current Days Payable of 53.60 is 47% below median its 10-year median of 101.29. Over the past 10 years, this metric has ranged from a low of 70.72 to a high of 116.75. The Hardware industry median Days Payable is 69.89. Honey Hope Honesty Enterprise Co's value of 53.60 is 23.3% below this industry median. Based on the distribution chart, Honey Hope Honesty Enterprise Co ranks #1191 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Honey Hope Honesty Enterprise Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honey Hope Honesty Enterprise Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Honey Hope Honesty Enterprise Co ranks #1191 out of 2436 companies for Days Payable. This puts Honey Hope Honesty Enterprise Co in the upper half of its industry. The industry median Days Payable is 69.89. Honey Hope Honesty Enterprise Co's value of 53.60 is 23.3% below this benchmark. Historically, Honey Hope Honesty Enterprise Co's own Days Payable has ranged from 70.72 to 116.75 over the past decade. While the company's 10-year median is 101.29 vs. the industry median of 69.89, Honey Hope Honesty Enterprise 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. Honey Hope Honesty Enterprise Co's current Days Payable of 53.60 is 23.3% 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 Honey Hope Honesty Enterprise Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honey Hope Honesty Enterprise Co's current Days Payable is 53.60, which is 47% below median its own 10-year median of 101.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honey Hope Honesty Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co (ROCO:8043) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.01, compared to a current price of NT$202.50 — trading 598% above its estimated fair value. The current Days Payable is 53.60, which is 47% below median its 10-year median of 101.29 and 23.3% below the Hardware industry median of 69.89. Honey Hope Honesty Enterprise Co's overall GF Score™ is 50/100 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 Honey Hope Honesty Enterprise Co (ROCO:8043), the current Days Payable is 53.60 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.

Is Honey Hope Honesty Enterprise Co (ROCO:8043) Overvalued in 2026?

Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co stock appears to be overvalued. The current stock price of NT$202.50 is trading 598% above its estimated GF Value™ of NT$29.01. GuruFocus considers Honey Hope Honesty Enterprise Co to be Significantly Overvalued.

Key valuation signals for ROCO:8043:

  • Days Payable: 53.60 (47% below median its 10-year median of 101.29)
  • GF Value™: NT$29.01 vs. price of NT$202.50 (598% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 23.3% below the Hardware median (#1191 of 2436)

No single metric tells the full story. See the ROCO:8043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honey Hope Honesty Enterprise Co Business Description

Address 8th floor, Number 316, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Honey Hope Honesty Enterprise Co Ltd is engaged in the distribution of professional electronic components. The company focuses in general import and export (excluding futures), trading of electronic parts, agency for the distribution, quotation and bidding of domestic and foreign manufacturers' products in Taiwan and Asia. It distributes multilayer capacitors, chip inductors, chip Pai Yung, High-Frequency Chip Inductors, and others. The company's segments include: Taiwan; and Asia; and Others, of which it derives maximum revenue from Asia and Others.
50GF Score

Get the complete analysis for ROCO:8043

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

NT$202.50
Price
NT$29.01
GF Value