Taiwan Styrene Monomer (TPE:1310) Days Payable: 29.97 (As of Dec. 2025) — 11% Below Median


TPE:1310 Taiwan Styrene Monomer Corp TPE:1310
65 GF Score
Price NT$10.35
GF Value NT$9.57
Valuation Fairly Valued
! 8 Warning Signs
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What is Taiwan Styrene Monomer Days Payable?

Taiwan Styrene Monomer TPE:1310 65 Days Payable is 29.97 as of Dec. 2025, which is 11% below its 10-year median of 33.66. GuruFocus rates TPE:1310 with a GF Score™ of 65/100 and a GF Value™ of NT$9.57 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,551 Chemicals companies, Taiwan Styrene Monomer ranks worse than 82.66% on this metric.

Taiwan Styrene Monomer's average Accounts Payable for the three months ended in Dec. 2025 was NT$604 Mil. Taiwan Styrene Monomer's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,840 Mil. Hence, Taiwan Styrene Monomer's Days Payable for the three months ended in Dec. 2025 was 29.97.

The historical rank and industry rank for Taiwan Styrene Monomer's Days Payable or its related term are showing as below:

TPE:1310' s Days Payable Range Over the Past 10 Years
Min: 25.58   Med: 33.66   Max: 48.05
Current: 27.49

During the past 13 years, Taiwan Styrene Monomer's highest Days Payable was 48.05. The lowest was 25.58. And the median was 33.66.

TPE:1310's Days Payable is ranked worse than
82.66% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs TPE:1310: 27.49

Taiwan Styrene Monomer's Days Payable increased from Dec. 2024 (24.27) to Dec. 2025 (29.97). It may suggest that Taiwan Styrene Monomer delayed paying its suppliers.


Taiwan Styrene Monomer Days Payable Historical Data

* Premium members only.

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer Days Payable Chart

Taiwan Styrene Monomer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.99 25.94 34.98 27.63 25.58

Taiwan Styrene Monomer Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Days 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 24.27 30.63 26.39 25.31 29.97

TPE:1310 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Taiwan Styrene Monomer'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.


Taiwan Styrene Monomer Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's Days Payable falls into.


TPE:1310
65GF Score
Taiwan Styrene Monomer Corp TPE:1310
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Styrene Monomer Days Payable Calculation

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.

Taiwan Styrene Monomer's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (770.47 + 521.281) / 2 ) / 9216.061*365
=645.8755 / 9216.061*365
=25.58

Taiwan Styrene Monomer's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (687.423 + 521.281) / 2 ) / 1839.94*365 / 4
=604.352 / 1839.94*365 / 4
=29.97

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 29.97 mean?
Taiwan Styrene Monomer (TPE:1310) has a Days Payable of 29.97 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 Taiwan Styrene Monomer and its competitors. This is 11% below median its historical median of 33.66. Over the past decade, Taiwan Styrene Monomer's Days Payable has ranged from 25.58 to 48.05. According to the industry distribution chart, Taiwan Styrene Monomer ranks #1282 out of 1551 companies in the Chemicals industry, placing it in the top 82.7%.
Is Taiwan Styrene Monomer's Days Payable too high?
Taiwan Styrene Monomer's current Days Payable of 29.97 is 11% below median its 10-year median of 33.66. Over the past 10 years, this metric has ranged from a low of 25.58 to a high of 48.05. The Chemicals industry median Days Payable is 59.87. Taiwan Styrene Monomer's value of 29.97 is 49.9% below this industry median. Based on the distribution chart, Taiwan Styrene Monomer ranks #1282 out of 1551 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Taiwan Styrene Monomer has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Styrene Monomer's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Taiwan Styrene Monomer ranks #1282 out of 1551 companies for Days Payable. This places Taiwan Styrene Monomer in the lower half of its industry. The industry median Days Payable is 59.87. Taiwan Styrene Monomer's value of 29.97 is 49.9% below this benchmark. Historically, Taiwan Styrene Monomer's own Days Payable has ranged from 25.58 to 48.05 over the past decade. While the company's 10-year median is 33.66 vs. the industry median of 59.87, Taiwan Styrene Monomer 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 59.87, based on 1,551 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. Taiwan Styrene Monomer's current Days Payable of 29.97 is 49.9% 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 Taiwan Styrene Monomer and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Styrene Monomer's current Days Payable is 29.97, which is 11% below median its own 10-year median of 33.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Styrene Monomer stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Styrene Monomer (TPE:1310) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.57, compared to a current price of NT$10.35 — trading 8.2% above its estimated fair value. The current Days Payable is 29.97, which is 11% below median its 10-year median of 33.66 and 49.9% below the Chemicals industry median of 59.87. Taiwan Styrene Monomer's overall GF Score™ is 65/100 with 8 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 Taiwan Styrene Monomer (TPE:1310), the current Days Payable is 29.97 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 Taiwan Styrene Monomer (TPE:1310) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Styrene Monomer stock appears to be overvalued. The current stock price of NT$10.35 is trading 8.2% above its estimated GF Value™ of NT$9.57. GuruFocus considers Taiwan Styrene Monomer to be Fairly Valued.

Key valuation signals for TPE:1310:

  • Days Payable: 29.97 (11% below median its 10-year median of 33.66)
  • GF Value™: NT$9.57 vs. price of NT$10.35 (8.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 49.9% below the Chemicals median (#1282 of 1551)

No single metric tells the full story. See the TPE:1310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Styrene Monomer Business Description

Address No.6 Roosevelt Road, 8th Floor-1, Section-1, Taipei, TWN
Taiwan Styrene Monomer Corp manufactures and sells styrene monomer. The company's products include Styrene Monomer, Para-diethyl benzene, Toluene, and Ethyl benzene. Its main clients are the manufacturers of Polystyrene, ABS resins, and Synthetic rubber, of which the products are widely applied in industries of: electric appliances, machines, electronics, automobiles, and packaging etc. Its segments consist of the Plasticization segment, which engages in manufacturing and domestic/international sales of styrene monomer, chemical and plastic materials; the Investment segment, which engages in investment business; and the Other segment. The majority of the revenue is derived from the Plasticization segment from Asia. Geographically, it operates in Asia, America, and Europe.
65GF Score

Get the complete analysis for TPE:1310

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

NT$10.35
Price
NT$9.57
GF Value