Ocean Plastics Co (TPE:1321) Accounts Payable: NT$256 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1321 Ocean Plastics Co Ltd TPE:1321
57 GF Score
Price NT$31.95
GF Value NT$25.57
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ocean Plastics Co Accounts Payable?

Ocean Plastics Co TPE:1321 -1.99% 57 Accounts Payable is NT$256 Mil as of Mar. 2026. GuruFocus rates TPE:1321 with a GF Score™ of 57/100 and a GF Value™ of NT$25.57 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Ocean Plastics Co's Accounts Payable for the quarter that ended in Mar. 2026 was NT$256 Mil.

Ocean Plastics Co's quarterly Accounts Payable increased from Sep. 2025 (NT$282 Mil) to Dec. 2025 (NT$289 Mil) but then declined from Dec. 2025 (NT$289 Mil) to Mar. 2026 (NT$256 Mil).

Ocean Plastics Co's annual Accounts Payable declined from Dec. 2023 (NT$452 Mil) to Dec. 2024 (NT$376 Mil) and declined from Dec. 2024 (NT$376 Mil) to Dec. 2025 (NT$289 Mil).

Ocean Plastics Co Accounts Payable Related Terms

Ocean Plastics Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Ocean Plastics Co's Accounts 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.

Ocean Plastics Co Accounts Payable Chart

Ocean Plastics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 755.62 391.04 451.89 375.72 288.65

Ocean Plastics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 424.84 428.74 282.25 288.65 256.07
TPE:1321
57GF Score
Ocean Plastics Co Ltd TPE:1321
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Plastics Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of NT$256 Mil mean?
Ocean Plastics Co (TPE:1321) has a Accounts Payable of NT$256 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Ocean Plastics Co and its competitors.
Is Ocean Plastics Co's Accounts Payable too high?
Ocean Plastics Co's current Accounts Payable is NT$256 Mil. Overall, Ocean Plastics Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Plastics Co's Accounts Payable compare to LIN and SHW?
Ocean Plastics Co's Accounts Payable of NT$256 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Chemicals company?
A good Accounts Payable depends on the Chemicals industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Ocean Plastics Co and its competitors. Ocean Plastics Co's current Accounts Payable is NT$256 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Plastics Co stock overvalued right now?
Based on GuruFocus' analysis, Ocean Plastics Co (TPE:1321) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.57, compared to a current price of NT$31.95 — trading 25% above its estimated fair value. The current Accounts Payable is NT$256 Mil. Ocean Plastics Co's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Ocean Plastics Co (TPE:1321), the current Accounts Payable is NT$256 Mil as of Mar. 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 Ocean Plastics Co (TPE:1321) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Plastics Co stock appears to be overvalued. The current stock price of NT$31.95 is trading 25% above its estimated GF Value™ of NT$25.57. GuruFocus considers Ocean Plastics Co to be Modestly Overvalued.

Key valuation signals for TPE:1321:

  • Accounts Payable: NT$256 Mil
  • GF Value™: NT$25.57 vs. price of NT$31.95 (25% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the TPE:1321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ocean Plastics Co Business Description

Address No. 310, Juguang Road, 5th - 6th Floor, Wanhua District, Taipei, TWN, 108
Ocean Plastics Co Ltd is a Taiwan-based company, that engages in the manufacturing and selling of plastic raw materials, products, and plastic industry supplementary materials. Its products include plastic cloths, plastic pipe, plastic leather products, synthetic leather products, plastic construction materials, and plastic raw materials The company distributes its products in Taiwan, Japan, Vietnam China, India, and the United States, among others.
57GF Score

Get the complete analysis for TPE:1321

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

NT$31.95
Price
NT$25.57
GF Value