Hsin Tai Gas (ROCO:8917) Days Payable: 24.65 (As of Dec. 2025) — 34% Below Median


ROCO:8917 Hsin Tai Gas Corp ROCO:8917
91 GF Score
Price NT$52.70
GF Value NT$75.74
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Hsin Tai Gas Days Payable?

Hsin Tai Gas ROCO:8917 -2.41% 91 Days Payable is 24.65 as of Dec. 2025, which is 34% below its 10-year median of 37.16. GuruFocus rates ROCO:8917 with a GF Score™ of 91/100 and a GF Value™ of NT$75.74 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 481 Utilities - Regulated companies, Hsin Tai Gas ranks worse than 88.77% on this metric.

Hsin Tai Gas's average Accounts Payable for the three months ended in Dec. 2025 was NT$174 Mil. Hsin Tai Gas's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$643 Mil. Hence, Hsin Tai Gas's Days Payable for the three months ended in Dec. 2025 was 24.65.

The historical rank and industry rank for Hsin Tai Gas's Days Payable or its related term are showing as below:

ROCO:8917' s Days Payable Range Over the Past 10 Years
Min: 24.63   Med: 37.16   Max: 40.33
Current: 24.63

During the past 13 years, Hsin Tai Gas's highest Days Payable was 40.33. The lowest was 24.63. And the median was 37.16.

ROCO:8917's Days Payable is ranked worse than
88.77% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs ROCO:8917: 24.63

Hsin Tai Gas's Days Payable declined from Dec. 2024 (24.75) to Dec. 2025 (24.65). It may suggest that Hsin Tai Gas accelerated paying its suppliers.


Hsin Tai Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Hsin Tai Gas'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.

Hsin Tai Gas Days Payable Chart

Hsin Tai Gas 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 38.59 36.49 32.91 30.06 27.05

Hsin Tai Gas 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 24.75 24.63 22.74 24.04 24.65

ROCO:8917 vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Hsin Tai Gas'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.


Hsin Tai Gas Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's Days Payable distribution charts can be found below:

* The bar in red indicates where Hsin Tai Gas's Days Payable falls into.


ROCO:8917
91GF Score
Hsin Tai Gas Corp ROCO:8917
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin Tai Gas 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.

Hsin Tai Gas'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
=( (187.215 + 189.107) / 2 ) / 2539.255*365
=188.161 / 2539.255*365
=27.05

Hsin Tai Gas'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
=( (158.45 + 189.107) / 2 ) / 643.213*365 / 4
=173.7785 / 643.213*365 / 4
=24.65

* 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 24.65 mean?
Hsin Tai Gas (ROCO:8917) has a Days Payable of 24.65 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 Hsin Tai Gas and its competitors. This is 34% below median its historical median of 37.16. Over the past decade, Hsin Tai Gas' Days Payable has ranged from 24.63 to 40.33. According to the industry distribution chart, Hsin Tai Gas ranks #427 out of 481 companies in the Utilities - Regulated industry, placing it in the top 88.8%.
Is Hsin Tai Gas' Days Payable too high?
Hsin Tai Gas' current Days Payable of 24.65 is 34% below median its 10-year median of 37.16. Over the past 10 years, this metric has ranged from a low of 24.63 to a high of 40.33. The Utilities - Regulated industry median Days Payable is 70.35. Hsin Tai Gas' value of 24.65 is 65% below this industry median. Based on the distribution chart, Hsin Tai Gas ranks #427 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Hsin Tai Gas has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Tai Gas' Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hsin Tai Gas ranks #427 out of 481 companies for Days Payable. This places Hsin Tai Gas in the lower half of its industry. The industry median Days Payable is 70.35. Hsin Tai Gas' value of 24.65 is 65% below this benchmark. Historically, Hsin Tai Gas' own Days Payable has ranged from 24.63 to 40.33 over the past decade. While the company's 10-year median is 37.16 vs. the industry median of 70.35, Hsin Tai Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. Hsin Tai Gas's current Days Payable of 24.65 is 65% 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 Hsin Tai Gas and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin Tai Gas's current Days Payable is 24.65, which is 34% below median its own 10-year median of 37.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Tai Gas stock overvalued right now?
Based on GuruFocus' analysis, Hsin Tai Gas (ROCO:8917) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$75.74, compared to a current price of NT$52.70 — trading 30.4% below its estimated fair value. The current Days Payable is 24.65, which is 34% below median its 10-year median of 37.16 and 65% below the Utilities - Regulated industry median of 70.35. Hsin Tai Gas' overall GF Score™ is 91/100 with 4 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 Hsin Tai Gas (ROCO:8917), the current Days Payable is 24.65 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 Hsin Tai Gas (ROCO:8917) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Tai Gas stock appears to be undervalued. The current stock price of NT$52.70 is trading 30.4% below its estimated GF Value™ of NT$75.74. GuruFocus considers Hsin Tai Gas to be Significantly Undervalued.

Key valuation signals for ROCO:8917:

  • Days Payable: 24.65 (34% below median its 10-year median of 37.16)
  • GF Value™: NT$75.74 vs. price of NT$52.70 (30.4% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 65% below the Utilities - Regulated median (#427 of 481)

No single metric tells the full story. See the ROCO:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Tai Gas Business Description

Address No. 221, Section 2, Zhonghua Road, Tucheng District, New Taipei City, TWN
Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City. Its segments include: Gas Sales Segment; Equipment Segment; and Others, of which Gas Sales Segment derives maximum revenue.
91GF Score

Get the complete analysis for ROCO:8917

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

NT$52.70
Price
NT$75.74
GF Value