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Ideal BikeROCO:8933 57 Days Payable is 48.84 as of Jun. 2026, which is 27% below its 10-year median of 66.53. GuruFocus rates ROCO:8933 with a GF Score™ of 57/100 and a GF Value™ of NT$4.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 780 Travel & Leisure companies, Ideal Bike ranks worse than 51.92% on this metric.
Ideal Bike's average Accounts Payable for the
three
months ended in Jun. 2026 was NT$354 Mil. Ideal Bike's Cost of Goods Sold for the
three
months ended in Jun. 2026 was NT$661 Mil.
Hence, Ideal Bike's Days Payable for the
three
months ended in Jun. 2026 was 48.84.
The historical rank and industry rank for Ideal Bike's Days Payable or its related term are showing as below:
ROCO:8933'
s Days Payable Range Over the Past 10 Years
Min: 46.53 Med: 66.53 Max: 81.8
Current: 54.15
During the past 13 years, Ideal Bike's highest Days Payable was 81.80. The lowest was 46.53. And the median was 66.53.
ROCO:8933's Days Payable is ranked worse than 51.92% of 780
companies
in the Travel & Leisure industry
Industry Median: 56.545
vs ROCO:8933: 54.15
Ideal Bike's Days Payable
increased
from Jun. 2025 (45.89) to Jun. 2026 (48.84).
It may suggest that Ideal Bikedelayed paying its suppliers.
The historical data trend for Ideal Bike'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.
ROCO:8933 vs AS, HAS, LTH: Days Payable Comparison
For the Leisure subindustry, Ideal Bike'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.
Ideal Bike Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Days Payable distribution charts can be found below:
* The bar in red indicates where Ideal Bike's Days Payable falls into.
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.
Ideal Bike's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ideal Bike (ROCO:8933) has a Days Payable of 48.84 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ideal Bike and its competitors. This is 27% below median its historical median of 66.53. Over the past decade, Ideal Bike's Days Payable has ranged from 46.53 to 81.80. According to the industry distribution chart, Ideal Bike ranks #405 out of 780 companies in the Travel & Leisure industry, placing it in the top 51.9%.
Is Ideal Bike's Days Payable too high?
Ideal Bike's current Days Payable of 48.84 is 27% below median its 10-year median of 66.53. Over the past 10 years, this metric has ranged from a low of 46.53 to a high of 81.80. The Travel & Leisure industry median Days Payable is 56.55. Ideal Bike's value of 48.84 is 13.6% below this industry median. Based on the distribution chart, Ideal Bike ranks #405 out of 780 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Ideal Bike has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ideal Bike's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Ideal Bike ranks #405 out of 780 companies for Days Payable. This places Ideal Bike in the lower half of its industry. The industry median Days Payable is 56.55. Ideal Bike's value of 48.84 is 13.6% below this benchmark. Historically, Ideal Bike's own Days Payable has ranged from 46.53 to 81.80 over the past decade. While the company's 10-year median is 66.53 vs. the industry median of 56.55, Ideal Bike 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.55, based on 780 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. Ideal Bike's current Days Payable of 48.84 is 13.6% 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 Ideal Bike and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideal Bike's current Days Payable is 48.84, which is 27% below median its own 10-year median of 66.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Bike stock overvalued right now?
Based on GuruFocus' analysis, Ideal Bike (ROCO:8933) is currently considered Fairly Valued. The stock's GF Value™ is NT$4.59, compared to a current price of NT$4.68 — trading 2% above its estimated fair value. The current Days Payable is 48.84, which is 27% below median its 10-year median of 66.53 and 13.6% below the Travel & Leisure industry median of 56.55. Ideal Bike's overall GF Score™ is 57/100 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 Ideal Bike (ROCO:8933), the current Days Payable is 48.84 as of Jun. 2026. 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 Ideal Bike (ROCO:8933) Overvalued in 2026?
Based on GuruFocus' analysis, Ideal Bike stock appears to be overvalued.
The current stock price of NT$4.68 is trading 2% above its estimated GF Value™ of NT$4.59.
GuruFocus considers Ideal Bike to be Fairly Valued.
Key valuation signals for ROCO:8933:
Days Payable: 48.84 (27% below median its 10-year median of 66.53)
GF Value™: NT$4.59 vs. price of NT$4.68 (2% above fair value)
Industry Position: 13.6% below the Travel & Leisure median (#405 of 780)
No single metric tells the full story. See the ROCO:8933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments. It derives maximum revenue from Manufacturing (OEM) segment.
57GF Score
Get the complete analysis for ROCO:8933
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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