Formosa Chemicals & FibreTPE:1326 +9.85%64 Days Payable is 18.45 as of Dec. 2025, which is 23% below its 10-year median of 23.98. GuruFocus rates TPE:1326 with a GF Score™ of 64/100 and a GF Value™ of NT$41.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,550 Chemicals companies, Formosa Chemicals & Fibre ranks worse than 92% 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.
For the Chemicals subindustry, Formosa Chemicals & Fibre'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.
Formosa Chemicals & Fibre Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosa Chemicals & Fibre's Days Payable distribution charts can be found below:
* The bar in red indicates where Formosa Chemicals & Fibre's Days Payable falls into.
Formosa Chemicals & Fibre 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.
Formosa Chemicals & Fibre'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.
Formosa Chemicals & Fibre (TPE:1326) has a Days Payable of 18.45 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 Formosa Chemicals & Fibre and its competitors. This is 23% below median its historical median of 23.98. Over the past decade, Formosa Chemicals & Fibre's Days Payable has ranged from 16.54 to 29.26. According to the industry distribution chart, Formosa Chemicals & Fibre ranks #1426 out of 1550 companies in the Chemicals industry, placing it in the top 92%.
Is Formosa Chemicals & Fibre's Days Payable too high?
Formosa Chemicals & Fibre's current Days Payable of 18.45 is 23% below median its 10-year median of 23.98. Over the past 10 years, this metric has ranged from a low of 16.54 to a high of 29.26. The Chemicals industry median Days Payable is 59.80. Formosa Chemicals & Fibre's value of 18.45 is 69.1% below this industry median. Based on the distribution chart, Formosa Chemicals & Fibre ranks #1426 out of 1550 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Formosa Chemicals & Fibre has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Chemicals & Fibre's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Formosa Chemicals & Fibre ranks #1426 out of 1550 companies for Days Payable. This places Formosa Chemicals & Fibre in the lower half of its industry. The industry median Days Payable is 59.80. Formosa Chemicals & Fibre's value of 18.45 is 69.1% below this benchmark. Historically, Formosa Chemicals & Fibre's own Days Payable has ranged from 16.54 to 29.26 over the past decade. While the company's 10-year median is 23.98 vs. the industry median of 59.80, Formosa Chemicals & Fibre 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. Formosa Chemicals & Fibre's current Days Payable of 18.45 is 69.1% 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 Formosa Chemicals & Fibre 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. Formosa Chemicals & Fibre's current Days Payable is 18.45, which is 23% below median its own 10-year median of 23.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Chemicals & Fibre stock overvalued right now?
Based on GuruFocus' analysis, Formosa Chemicals & Fibre (TPE:1326) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.99, compared to a current price of NT$68.00 — trading 61.9% above its estimated fair value. The current Days Payable is 18.45, which is 23% below median its 10-year median of 23.98 and 69.1% below the Chemicals industry median of 59.80. Formosa Chemicals & Fibre's overall GF Score™ is 64/100 with 6 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 Formosa Chemicals & Fibre (TPE:1326), the current Days Payable is 18.45 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 Formosa Chemicals & Fibre (TPE:1326) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Chemicals & Fibre stock appears to be overvalued.
The current stock price of NT$68.00 is trading 61.9% above its estimated GF Value™ of NT$41.99.
GuruFocus considers Formosa Chemicals & Fibre to be Significantly Overvalued.
Key valuation signals for TPE:1326:
Days Payable: 18.45 (23% below median its 10-year median of 23.98)
GF Value™: NT$41.99 vs. price of NT$68.00 (61.9% above fair value)
Industry Position: 69.1% below the Chemicals median (#1426 of 1550)
No single metric tells the full story. See the TPE:1326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Chemicals & Fibre Corp businesses are the production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing, and finishing.
64GF Score
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