Polygreen Resources Co (ROCO:8423) Days Payable: 16.00 (As of Dec. 2025) — 21% Below Median

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ROCO:8423 Polygreen Resources Co Ltd ROCO:8423
75 GF Score
Price NT$17.60
GF Value NT$16.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Polygreen Resources Co Days Payable?

Polygreen Resources Co ROCO:8423 -0.56% 75 Days Payable is 16.00 as of Dec. 2025, which is 21% below its 10-year median of 20.13. GuruFocus rates ROCO:8423 with a GF Score™ of 75/100 and a GF Value™ of NT$16.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Polygreen Resources Co ranks worse than 93.8% on this metric.

Polygreen Resources Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$11.9 Mil. Polygreen Resources Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$68.0 Mil. Hence, Polygreen Resources Co's Days Payable for the three months ended in Dec. 2025 was 16.00.

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

ROCO:8423' s Days Payable Range Over the Past 10 Years
Min: 16.05   Med: 20.13   Max: 23.86
Current: 18.06

During the past 13 years, Polygreen Resources Co's highest Days Payable was 23.86. The lowest was 16.05. And the median was 20.13.

ROCO:8423's Days Payable is ranked worse than
93.8% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs ROCO:8423: 18.06

Polygreen Resources Co's Days Payable declined from Dec. 2024 (21.85) to Dec. 2025 (16.00). It may suggest that Polygreen Resources Co accelerated paying its suppliers.


Polygreen Resources Co Days Payable Historical Data

* Premium members only.

The historical data trend for Polygreen Resources 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.

Polygreen Resources Co Days Payable Chart

Polygreen Resources 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 22.16 18.26 16.55 16.05 17.32

Polygreen Resources 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 21.85 18.22 19.30 19.53 16.00

ROCO:8423 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Polygreen Resources 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.


Polygreen Resources Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polygreen Resources Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Polygreen Resources Co's Days Payable falls into.


ROCO:8423
75GF Score
Polygreen Resources Co Ltd ROCO:8423
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Polygreen Resources 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.

Polygreen Resources 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
=( (13.872 + 12.022) / 2 ) / 272.825*365
=12.947 / 272.825*365
=17.32

Polygreen Resources 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
=( (11.814 + 12.022) / 2 ) / 67.956*365 / 4
=11.918 / 67.956*365 / 4
=16.00

* 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 16.00 mean?
Polygreen Resources Co (ROCO:8423) has a Days Payable of 16.00 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 Polygreen Resources Co and its competitors. This is 21% below median its historical median of 20.13. Over the past decade, Polygreen Resources Co's Days Payable has ranged from 16.05 to 23.86. According to the industry distribution chart, Polygreen Resources Co ranks #1225 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 93.8%.
Is Polygreen Resources Co's Days Payable too high?
Polygreen Resources Co's current Days Payable of 16.00 is 21% below median its 10-year median of 20.13. Over the past 10 years, this metric has ranged from a low of 16.05 to a high of 23.86. The Vehicles & Parts industry median Days Payable is 67.14. Polygreen Resources Co's value of 16.00 is 76.2% below this industry median. Based on the distribution chart, Polygreen Resources Co ranks #1225 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Polygreen Resources Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polygreen Resources Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Polygreen Resources Co ranks #1225 out of 1306 companies for Days Payable. This places Polygreen Resources Co in the lower half of its industry. The industry median Days Payable is 67.14. Polygreen Resources Co's value of 16.00 is 76.2% below this benchmark. Historically, Polygreen Resources Co's own Days Payable has ranged from 16.05 to 23.86 over the past decade. While the company's 10-year median is 20.13 vs. the industry median of 67.14, Polygreen Resources 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. Polygreen Resources Co's current Days Payable of 16.00 is 76.2% 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 Polygreen Resources Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polygreen Resources Co's current Days Payable is 16.00, which is 21% below median its own 10-year median of 20.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polygreen Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Polygreen Resources Co (ROCO:8423) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.17, compared to a current price of NT$17.60 — trading 8.8% above its estimated fair value. The current Days Payable is 16.00, which is 21% below median its 10-year median of 20.13 and 76.2% below the Vehicles & Parts industry median of 67.14. Polygreen Resources Co's overall GF Score™ is 75/100 with 3 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 Polygreen Resources Co (ROCO:8423), the current Days Payable is 16.00 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 Polygreen Resources Co (ROCO:8423) Overvalued in 2026?

Based on GuruFocus' analysis, Polygreen Resources Co stock appears to be overvalued. The current stock price of NT$17.60 is trading 8.8% above its estimated GF Value™ of NT$16.17. GuruFocus considers Polygreen Resources Co to be Fairly Valued.

Key valuation signals for ROCO:8423:

  • Days Payable: 16.00 (21% below median its 10-year median of 20.13)
  • GF Value™: NT$16.17 vs. price of NT$17.60 (8.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 76.2% below the Vehicles & Parts median (#1225 of 1306)

No single metric tells the full story. See the ROCO:8423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polygreen Resources Co Business Description

Address North Sound Road, Cannon Place, P.O. Box 712, Suite 102, Grand Cayman, CYM, KY1 9006
Polygreen Resources Co Ltd is engaged in the rubber recycling business, offering its products to manufacturers of the tire and conveyor belt industries. The company manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Its products include Rubber asphalt application, Reclaimed Rubber, Butyl Reclaimed Rubber, Crumb Rubber, and Tyre Chip. It has only one operating segment which focuses on the manufacturing and sales of reclaimed rubber. The company operates in Malaysia, Japan, Indonesia, Vietnam, Taiwan, and other countries, of which key revenue is derived from Malaysia.
75GF Score

Get the complete analysis for ROCO:8423

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

NT$17.60
Price
NT$16.17
GF Value