HIM International Music (ROCO:8446) Days Payable: 175.10 (As of Dec. 2025) — 18% Below Median

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ROCO:8446 HIM International Music Inc ROCO:8446
85 GF Score
Price NT$87.00
GF Value NT$104.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is HIM International Music Days Payable?

HIM International Music ROCO:8446 -0.11% 85 Days Payable is 175.10 as of Dec. 2025, which is 18% below its 10-year median of 213.20. GuruFocus rates ROCO:8446 with a GF Score™ of 85/100 and a GF Value™ of NT$104.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 915 Media - Diversified companies, HIM International Music ranks better than 79.78% on this metric.

HIM International Music's average Accounts Payable for the three months ended in Dec. 2025 was NT$237 Mil. HIM International Music's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$123 Mil. Hence, HIM International Music's Days Payable for the three months ended in Dec. 2025 was 175.10.

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

ROCO:8446' s Days Payable Range Over the Past 10 Years
Min: 106.89   Med: 213.2   Max: 378.44
Current: 244.01

During the past 13 years, HIM International Music's highest Days Payable was 378.44. The lowest was 106.89. And the median was 213.20.

ROCO:8446's Days Payable is ranked better than
79.78% of 915 companies
in the Media - Diversified industry
Industry Median: 83.18 vs ROCO:8446: 244.01

HIM International Music's Days Payable declined from Dec. 2024 (175.26) to Dec. 2025 (175.10). It may suggest that HIM International Music accelerated paying its suppliers.


HIM International Music Days Payable Historical Data

* Premium members only.

The historical data trend for HIM International Music'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.

HIM International Music Days Payable Chart

HIM International Music 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 378.44 287.60 210.95 215.45 277.45

HIM International Music 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 175.26 391.90 186.76 292.21 175.10

ROCO:8446 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, HIM International Music'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.


HIM International Music Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HIM International Music's Days Payable distribution charts can be found below:

* The bar in red indicates where HIM International Music's Days Payable falls into.


ROCO:8446
85GF Score
HIM International Music Inc ROCO:8446
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HIM International Music 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.

HIM International Music'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
=( (280.027 + 264.543) / 2 ) / 358.206*365
=272.285 / 358.206*365
=277.45

HIM International Music'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
=( (208.71 + 264.543) / 2 ) / 123.312*365 / 4
=236.6265 / 123.312*365 / 4
=175.10

* 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 175.10 mean?
HIM International Music (ROCO:8446) has a Days Payable of 175.10 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 HIM International Music and its competitors. This is 18% below median its historical median of 213.20. Over the past decade, HIM International Music's Days Payable has ranged from 106.89 to 378.44. According to the industry distribution chart, HIM International Music ranks #185 out of 915 companies in the Media - Diversified industry, placing it in the top 20.2%.
Is HIM International Music's Days Payable too high?
HIM International Music's current Days Payable of 175.10 is 18% below median its 10-year median of 213.20. Over the past 10 years, this metric has ranged from a low of 106.89 to a high of 378.44. The Media - Diversified industry median Days Payable is 83.18. HIM International Music's value of 175.10 is 110.5% above this industry median. Based on the distribution chart, HIM International Music ranks #185 out of 915 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, HIM International Music has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIM International Music's Days Payable compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, HIM International Music ranks #185 out of 915 companies for Days Payable. This places HIM International Music in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 83.18. HIM International Music's value of 175.10 is 110.5% above this benchmark. Historically, HIM International Music's own Days Payable has ranged from 106.89 to 378.44 over the past decade. While the company's 10-year median is 213.20 vs. the industry median of 83.18, HIM International Music has consistently been above 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.18, based on 915 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. HIM International Music's current Days Payable of 175.10 is 110.5% above 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 HIM International Music and its competitors. For the Media - Diversified industry, the median Days Payable is 83.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIM International Music's current Days Payable is 175.10, which is 18% below median its own 10-year median of 213.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIM International Music stock overvalued right now?
Based on GuruFocus' analysis, HIM International Music (ROCO:8446) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$104.09, compared to a current price of NT$87.00 — trading 16.4% below its estimated fair value. The current Days Payable is 175.10, which is 18% below median its 10-year median of 213.20 and 110.5% above the Media - Diversified industry median of 83.18. HIM International Music's overall GF Score™ is 85/100 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 HIM International Music (ROCO:8446), the current Days Payable is 175.10 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 HIM International Music (ROCO:8446) Overvalued in 2026?

Based on GuruFocus' analysis, HIM International Music stock appears to be undervalued. The current stock price of NT$87.00 is trading 16.4% below its estimated GF Value™ of NT$104.09. GuruFocus considers HIM International Music to be Modestly Undervalued.

Key valuation signals for ROCO:8446:

  • Days Payable: 175.10 (18% below median its 10-year median of 213.20)
  • GF Value™: NT$104.09 vs. price of NT$87.00 (16.4% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 110.5% above the Media - Diversified median (#185 of 915)

No single metric tells the full story. See the ROCO:8446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIM International Music Business Description

Address Jian Guo N Road, Sector 2, 15th Floor, No 135, Taipei County, TWN
HIM International Music Inc is a Taiwan based media company. The company is engaged in production and distribution of pop music, copyright licensing, and artist management. The company also arrange concerts in Taiwan. Goegraphically, the company generates maximum revenue from Mainland China, followed by Taiwan, Singapore, USA, Hong Kong, and other regions.
85GF Score

Get the complete analysis for ROCO:8446

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

NT$87.00
Price
NT$104.09
GF Value