Asia PolymerTPE:1308 +9.69%69 Days Payable is 17.46 as of Dec. 2025, which is 4% above its 10-year median of 16.83. GuruFocus rates TPE:1308 with a GF Score™ of 69/100 and a GF Value™ of NT$15.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,550 Chemicals companies, Asia Polymer ranks worse than 90.77% on this metric.
The historical rank and industry rank for Asia Polymer's Days Payable or its related term are showing as below:
TPE:1308'
s Days Payable Range Over the Past 10 Years
Min: 14.98 Med: 16.83 Max: 22.46
Current: 20.01
During the past 13 years, Asia Polymer's highest Days Payable was 22.46. The lowest was 14.98. And the median was 16.83.
TPE:1308's Days Payable is ranked worse than 90.77% of 1550
companies
in the Chemicals industry
Industry Median: 59.795
vs TPE:1308: 20.01
Asia Polymer's Days Payable
increased
from Dec. 2024 (15.50) to Dec. 2025 (17.46).
It may suggest that Asia Polymerdelayed paying its suppliers.
Asia Polymer Days Payable Related Terms
Asia Polymer Days Payable Historical Data
* Premium members only.
The historical data trend for Asia Polymer'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.
TPE:1308 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Asia Polymer'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.
Asia Polymer Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Polymer's Days Payable distribution charts can be found below:
* The bar in red indicates where Asia Polymer'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.
Asia Polymer'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.
Asia Polymer (TPE:1308) has a Days Payable of 17.46 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 Asia Polymer and its competitors. This is near median its historical median of 16.83. Over the past decade, Asia Polymer's Days Payable has ranged from 14.98 to 22.46. According to the industry distribution chart, Asia Polymer ranks #1407 out of 1550 companies in the Chemicals industry, placing it in the top 90.8%.
Is Asia Polymer's Days Payable too high?
Asia Polymer's current Days Payable of 17.46 is near median its 10-year median of 16.83. Over the past 10 years, this metric has ranged from a low of 14.98 to a high of 22.46. The Chemicals industry median Days Payable is 59.80. Asia Polymer's value of 17.46 is 70.8% below this industry median. Based on the distribution chart, Asia Polymer ranks #1407 out of 1550 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Asia Polymer has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Polymer's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Polymer ranks #1407 out of 1550 companies for Days Payable. This places Asia Polymer in the lower half of its industry. The industry median Days Payable is 59.80. Asia Polymer's value of 17.46 is 70.8% below this benchmark. Historically, Asia Polymer's own Days Payable has ranged from 14.98 to 22.46 over the past decade. While the company's 10-year median is 16.83 vs. the industry median of 59.80, Asia Polymer 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 59.80, based on 1,550 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. Asia Polymer's current Days Payable of 17.46 is 70.8% 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 Asia Polymer and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Polymer's current Days Payable is 17.46, which is near median its own 10-year median of 16.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Polymer stock overvalued right now?
Based on GuruFocus' analysis, Asia Polymer (TPE:1308) is currently considered Fairly Valued. The stock's GF Value™ is NT$15.28, compared to a current price of NT$15.85 — trading 3.7% above its estimated fair value. The current Days Payable is 17.46, which is near median its 10-year median of 16.83 and 70.8% below the Chemicals industry median of 59.80. Asia Polymer's overall GF Score™ is 69/100 with 3 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 Asia Polymer (TPE:1308), the current Days Payable is 17.46 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 Asia Polymer (TPE:1308) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Polymer stock appears to be overvalued.
The current stock price of NT$15.85 is trading 3.7% above its estimated GF Value™ of NT$15.28.
GuruFocus considers Asia Polymer to be Fairly Valued.
Key valuation signals for TPE:1308:
Days Payable: 17.46 (near median its 10-year median of 16.83)
GF Value™: NT$15.28 vs. price of NT$15.85 (3.7% above fair value)
Industry Position: 70.8% below the Chemicals median (#1407 of 1550)
No single metric tells the full story. See the TPE:1308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Polymer Corp is engaged in designing, developing, manufacturing, and selling low-density polyethylene (LDPE), and ethylene vinyl acetate copolymer (EVA). The company has a single operating segment that produces and sells petrochemical products. Geographically, the company has operations in Taiwan, Asia, and Others, with a majority of its revenue coming from Taiwan.
69GF Score
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