What is Forward Graphic Enterprise Co Days Payable?
Forward Graphic Enterprise CoROCO:8906 39 Days Payable is 45.88 as of Dec. 2025, which is 98% above its 10-year median of 23.13. GuruFocus rates ROCO:8906 with a GF Score™ of 39/100 and a GF Value™ of NT$25.55 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 943 Business Services companies, Forward Graphic Enterprise Co ranks worse than 59.81% on this metric.
* 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.
ROCO:8906 vs CTAS, CPRT, ULS: Days Payable Comparison
For the Specialty Business Services subindustry, Forward Graphic 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.
Forward Graphic Enterprise Co Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Forward Graphic Enterprise Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Forward Graphic Enterprise Co's Days Payable falls into.
Forward Graphic 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.
* 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.
Forward Graphic Enterprise Co (ROCO:8906) has a Days Payable of 45.88 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 Forward Graphic Enterprise Co and its competitors. This is 98% above median its historical median of 23.13. Over the past decade, Forward Graphic Enterprise Co's Days Payable has ranged from 17.12 to 51.31. According to the industry distribution chart, Forward Graphic Enterprise Co ranks #564 out of 943 companies in the Business Services industry, placing it in the top 59.8%.
Is Forward Graphic Enterprise Co's Days Payable too high?
Forward Graphic Enterprise Co's current Days Payable of 45.88 is 98% above median its 10-year median of 23.13. Over the past 10 years, this metric has ranged from a low of 17.12 to a high of 51.31. The Business Services industry median Days Payable is 46.84. Forward Graphic Enterprise Co's value of 45.88 is 2% below this industry median. Based on the distribution chart, Forward Graphic Enterprise Co ranks #564 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, Forward Graphic Enterprise Co has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Graphic Enterprise Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Forward Graphic Enterprise Co ranks #564 out of 943 companies for Days Payable. This places Forward Graphic Enterprise Co in the lower half of its industry. The industry median Days Payable is 46.84. Forward Graphic Enterprise Co's value of 45.88 is 2% below this benchmark. Historically, Forward Graphic Enterprise Co's own Days Payable has ranged from 17.12 to 51.31 over the past decade. While the company's 10-year median is 23.13 vs. the industry median of 46.84, Forward Graphic 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 Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 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. Forward Graphic Enterprise Co's current Days Payable of 45.88 is 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 Forward Graphic Enterprise Co and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Graphic Enterprise Co's current Days Payable is 45.88, which is 98% above median its own 10-year median of 23.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Graphic Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Graphic Enterprise Co (ROCO:8906) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.55, compared to a current price of NT$28.55 — trading 11.7% above its estimated fair value. The current Days Payable is 45.88, which is 98% above median its 10-year median of 23.13 and 2% below the Business Services industry median of 46.84. Forward Graphic Enterprise Co's overall GF Score™ is 39/100 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 Forward Graphic Enterprise Co (ROCO:8906), the current Days Payable is 45.88 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 Forward Graphic Enterprise Co (ROCO:8906) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Graphic Enterprise Co stock appears to be overvalued.
The current stock price of NT$28.55 is trading 11.7% above its estimated GF Value™ of NT$25.55.
GuruFocus considers Forward Graphic Enterprise Co to be Modestly Overvalued.
Key valuation signals for ROCO:8906:
Days Payable: 45.88 (98% above median its 10-year median of 23.13)
GF Value™: NT$25.55 vs. price of NT$28.55 (11.7% above fair value)
Industry Position: 2% below the Business Services median (#564 of 943)
No single metric tells the full story. See the ROCO:8906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Graphic Enterprise Co Business Description
Forward Graphic Enterprise Co Ltd is engaged in manufacturing, processing, and distribution of printing products. Its products include packages, Books, Notebook, a Catalogue, Calendar, DIY Products and ECO-Friendly cultural printings, ultraviolet printings and special printings.
39GF Score
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