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Tatung Fine Chemicals CoROCO:4738 -1.87%66 Days Payable is 47.46 as of Dec. 2025, which is 10% below its 10-year median of 52.93. GuruFocus rates ROCO:4738 with a GF Score™ of 66/100 and a GF Value™ of NT$7.69 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Tatung Fine Chemicals Co ranks worse than 61.45% 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:4738 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Tatung Fine Chemicals 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.
Tatung Fine Chemicals Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tatung Fine Chemicals Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tatung Fine Chemicals Co'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.
Tatung Fine Chemicals Co'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.
Tatung Fine Chemicals Co (ROCO:4738) has a Days Payable of 47.46 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 Tatung Fine Chemicals Co and its competitors. This is 10% below median its historical median of 52.93. Over the past decade, Tatung Fine Chemicals Co's Days Payable has ranged from 42.82 to 63.71. According to the industry distribution chart, Tatung Fine Chemicals Co ranks #955 out of 1554 companies in the Chemicals industry, placing it in the top 61.5%.
Is Tatung Fine Chemicals Co's Days Payable too high?
Tatung Fine Chemicals Co's current Days Payable of 47.46 is 10% below median its 10-year median of 52.93. Over the past 10 years, this metric has ranged from a low of 42.82 to a high of 63.71. The Chemicals industry median Days Payable is 59.57. Tatung Fine Chemicals Co's value of 47.46 is 20.3% below this industry median. Based on the distribution chart, Tatung Fine Chemicals Co ranks #955 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tatung Fine Chemicals Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tatung Fine Chemicals Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tatung Fine Chemicals Co ranks #955 out of 1554 companies for Days Payable. This places Tatung Fine Chemicals Co in the lower half of its industry. The industry median Days Payable is 59.57. Tatung Fine Chemicals Co's value of 47.46 is 20.3% below this benchmark. Historically, Tatung Fine Chemicals Co's own Days Payable has ranged from 42.82 to 63.71 over the past decade. While the company's 10-year median is 52.93 vs. the industry median of 59.57, Tatung Fine Chemicals 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Tatung Fine Chemicals Co's current Days Payable of 47.46 is 20.3% 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 Tatung Fine Chemicals Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tatung Fine Chemicals Co's current Days Payable is 47.46, which is 10% below median its own 10-year median of 52.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatung Fine Chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Tatung Fine Chemicals Co (ROCO:4738) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.69, compared to a current price of NT$6.83 — trading 11.2% below its estimated fair value. The current Days Payable is 47.46, which is 10% below median its 10-year median of 52.93 and 20.3% below the Chemicals industry median of 59.57. Tatung Fine Chemicals Co's overall GF Score™ is 66/100 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 Tatung Fine Chemicals Co (ROCO:4738), the current Days Payable is 47.46 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 Tatung Fine Chemicals Co (ROCO:4738) Overvalued in 2026?
Based on GuruFocus' analysis, Tatung Fine Chemicals Co stock appears to be undervalued.
The current stock price of NT$6.83 is trading 11.2% below its estimated GF Value™ of NT$7.69.
GuruFocus considers Tatung Fine Chemicals Co to be Modestly Undervalued.
Key valuation signals for ROCO:4738:
Days Payable: 47.46 (10% below median its 10-year median of 52.93)
GF Value™: NT$7.69 vs. price of NT$6.83 (11.2% below fair value)
Industry Position: 20.3% below the Chemicals median (#955 of 1554)
No single metric tells the full story. See the ROCO:4738 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tatung Fine Chemicals Co Ltd manufactures and sells coatings and paints. Its product line includes electro-deposition coatings comprising epocy cathodic electro-deposition coating used to apply the primer to automobiles and other products; etc. The company's product includes Epoxy resin, Acrylic electrocoat, Electronic coating, Fan Li water insulation coating.
66GF Score
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