TSRC (TPE:2103) Accounts Payable: NT$1,970 Mil (As of Dec. 2025)

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TPE:2103 TSRC Corp TPE:2103
66 GF Score
Price NT$25.00
GF Value NT$26.60
Valuation Fairly Valued
! 11 Warning Signs
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What is TSRC Accounts Payable?

TSRC TPE:2103 +7.30% 66 Accounts Payable is NT$1,970 Mil as of Dec. 2025. GuruFocus rates TPE:2103 with a GF Score™ of 66/100 and a GF Value™ of NT$26.60 (Fairly Valued). The stock has 11 warning signs investors should review.

TSRC's Accounts Payable for the quarter that ended in Dec. 2025 was NT$1,970 Mil.

TSRC's quarterly Accounts Payable increased from Jun. 2025 (NT$1,883 Mil) to Sep. 2025 (NT$2,003 Mil) but then declined from Sep. 2025 (NT$2,003 Mil) to Dec. 2025 (NT$1,970 Mil).

TSRC's annual Accounts Payable increased from Dec. 2023 (NT$2,151 Mil) to Dec. 2024 (NT$2,768 Mil) but then declined from Dec. 2024 (NT$2,768 Mil) to Dec. 2025 (NT$1,970 Mil).

TSRC Accounts Payable Historical Data

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The historical data trend for TSRC'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.

TSRC Accounts Payable Chart

TSRC 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 1,538.29 2,017.29 2,150.90 2,768.22 1,969.81

TSRC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2,768.22 2,241.30 1,882.96 2,003.29 1,969.81
TPE:2103
66GF Score
TSRC Corp TPE:2103
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TSRC 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$1,970 Mil mean?
TSRC (TPE:2103) has a Accounts Payable of NT$1,970 Mil as of Dec. 2025. 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 TSRC and its competitors.
Is TSRC's Accounts Payable too high?
TSRC's current Accounts Payable is NT$1,970 Mil. Overall, TSRC has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSRC's Accounts Payable compare to LIN and SHW?
TSRC's Accounts Payable of NT$1,970 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 TSRC and its competitors. TSRC's current Accounts Payable is NT$1,970 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSRC stock overvalued right now?
Based on GuruFocus' analysis, TSRC (TPE:2103) is currently considered Fairly Valued. The stock's GF Value™ is NT$26.60, compared to a current price of NT$25.00 — trading 6% below its estimated fair value. The current Accounts Payable is NT$1,970 Mil. TSRC's overall GF Score™ is 66/100 with 11 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 TSRC (TPE:2103), the current Accounts Payable is NT$1,970 Mil 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 TSRC (TPE:2103) Overvalued in 2026?

Based on GuruFocus' analysis, TSRC stock appears to be undervalued. The current stock price of NT$25.00 is trading 6% below its estimated GF Value™ of NT$26.60. GuruFocus considers TSRC to be Fairly Valued.

Key valuation signals for TPE:2103:

  • Accounts Payable: NT$1,970 Mil
  • GF Value™: NT$26.60 vs. price of NT$25.00 (6% below fair value)
  • GF Score™: 66/100 with 11 warning signs

No single metric tells the full story. See the TPE:2103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TSRC Business Description

Address No. 2, Singgong Road, Dashe District, Kaohsiung, TWN
TSRC Corporation is a rubber manufacturer based out of Taiwan. The company offers tire products globally, with Asian markets accounting for the majority of the company's sales. Product offerings are divided into the Synthetic Rubber business and Applied polymer business. Under the Synthetic Rubber business, tires are built to improve abrasion resistance and provide low rolling resistance and wet grip resistance. Consumers of TSRC Corp tire products depend on products to deliver reduced fuel consumption and meet a host of regulations and environmental conditions. Products under the Applied Polymers business are often used in high-grade shoe soles, asphalt modification, plastic modification, adhesives, and other end markets. Its geographical segments are Asia, America, Europe, and Others.
66GF Score

Get the complete analysis for TPE:2103

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

NT$25.00
Price
NT$26.60
GF Value