Asia Plastic Recycling Holdings (TPE:1337) Days Payable: 19.63 (As of Mar. 2026) — 60% Below Median

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TPE:1337 Asia Plastic Recycling Holdings Ltd TPE:1337
59 GF Score
Price NT$4.68
GF Value NT$5.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Asia Plastic Recycling Holdings Days Payable?

Asia Plastic Recycling Holdings TPE:1337 +2.41% 59 Days Payable is 19.63 as of Mar. 2026, which is 60% below its 10-year median of 48.47. GuruFocus rates TPE:1337 with a GF Score™ of 59/100 and a GF Value™ of NT$5.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,560 Chemicals companies, Asia Plastic Recycling Holdings ranks worse than 91.86% on this metric.

Asia Plastic Recycling Holdings's average Accounts Payable for the three months ended in Mar. 2026 was NT$35.6 Mil. Asia Plastic Recycling Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$165.6 Mil. Hence, Asia Plastic Recycling Holdings's Days Payable for the three months ended in Mar. 2026 was 19.63.

The historical rank and industry rank for Asia Plastic Recycling Holdings's Days Payable or its related term are showing as below:

TPE:1337' s Days Payable Range Over the Past 10 Years
Min: 18.36   Med: 48.47   Max: 62.24
Current: 18.36

During the past 13 years, Asia Plastic Recycling Holdings's highest Days Payable was 62.24. The lowest was 18.36. And the median was 48.47.

TPE:1337's Days Payable is ranked worse than
91.86% of 1560 companies
in the Chemicals industry
Industry Median: 59.51 vs TPE:1337: 18.36

Asia Plastic Recycling Holdings's Days Payable declined from Mar. 2025 (22.13) to Mar. 2026 (19.63). It may suggest that Asia Plastic Recycling Holdings accelerated paying its suppliers.


Asia Plastic Recycling Holdings Days Payable Related Terms


Asia Plastic Recycling Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Plastic Recycling Holdings'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.

Asia Plastic Recycling Holdings Days Payable Chart

Asia Plastic Recycling Holdings 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 46.85 33.44 25.15 29.09 26.22

Asia Plastic Recycling Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.13 16.72 20.63 19.88 19.63

TPE:1337 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Asia Plastic Recycling Holdings'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 Plastic Recycling Holdings Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Plastic Recycling Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Plastic Recycling Holdings's Days Payable falls into.


TPE:1337
59GF Score
Asia Plastic Recycling Holdings Ltd TPE:1337
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Plastic Recycling Holdings 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.

Asia Plastic Recycling Holdings'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
=( (76.398 + 36.623) / 2 ) / 786.715*365
=56.5105 / 786.715*365
=26.22

Asia Plastic Recycling Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (36.623 + 34.597) / 2 ) / 165.554*365 / 4
=35.61 / 165.554*365 / 4
=19.63

* 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 19.63 mean?
Asia Plastic Recycling Holdings (TPE:1337) has a Days Payable of 19.63 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asia Plastic Recycling Holdings and its competitors. This is 60% below median its historical median of 48.47. Over the past decade, Asia Plastic Recycling Holdings' Days Payable has ranged from 18.36 to 62.24. According to the industry distribution chart, Asia Plastic Recycling Holdings ranks #1433 out of 1560 companies in the Chemicals industry, placing it in the top 91.9%.
Is Asia Plastic Recycling Holdings' Days Payable too high?
Asia Plastic Recycling Holdings' current Days Payable of 19.63 is 60% below median its 10-year median of 48.47. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 62.24. The Chemicals industry median Days Payable is 59.51. Asia Plastic Recycling Holdings' value of 19.63 is 67% below this industry median. Based on the distribution chart, Asia Plastic Recycling Holdings ranks #1433 out of 1560 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Asia Plastic Recycling Holdings has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia Plastic Recycling Holdings' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Plastic Recycling Holdings ranks #1433 out of 1560 companies for Days Payable. This places Asia Plastic Recycling Holdings in the lower half of its industry. The industry median Days Payable is 59.51. Asia Plastic Recycling Holdings' value of 19.63 is 67% below this benchmark. Historically, Asia Plastic Recycling Holdings' own Days Payable has ranged from 18.36 to 62.24 over the past decade. While the company's 10-year median is 48.47 vs. the industry median of 59.51, Asia Plastic Recycling Holdings 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 59.51, based on 1,560 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 Plastic Recycling Holdings's current Days Payable of 19.63 is 67% 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 Plastic Recycling Holdings and its competitors. For the Chemicals industry, the median Days Payable is 59.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Plastic Recycling Holdings's current Days Payable is 19.63, which is 60% below median its own 10-year median of 48.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Plastic Recycling Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Plastic Recycling Holdings (TPE:1337) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$5.28, compared to a current price of NT$4.68 — trading 11.4% below its estimated fair value. The current Days Payable is 19.63, which is 60% below median its 10-year median of 48.47 and 67% below the Chemicals industry median of 59.51. Asia Plastic Recycling Holdings' overall GF Score™ is 59/100 with 5 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 Plastic Recycling Holdings (TPE:1337), the current Days Payable is 19.63 as of Mar. 2026. 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 Plastic Recycling Holdings (TPE:1337) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Plastic Recycling Holdings stock appears to be undervalued. The current stock price of NT$4.68 is trading 11.4% below its estimated GF Value™ of NT$5.28. GuruFocus considers Asia Plastic Recycling Holdings to be Modestly Undervalued.

Key valuation signals for TPE:1337:

  • Days Payable: 19.63 (60% below median its 10-year median of 48.47)
  • GF Value™: NT$5.28 vs. price of NT$4.68 (11.4% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 67% below the Chemicals median (#1433 of 1560)

No single metric tells the full story. See the TPE:1337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Plastic Recycling Holdings Business Description

Address Chendai Jiangtou Industrial Zone, Fujian Province, Jinjiang, CHN, 362211
Asia Plastic Recycling Holdings Ltd is engaged in the manufacturing, sale, research, and development of ethylene-vinyl acetate copolymer (EVA). EVA foam material is used in shoes, luggage (luggage trolley) linings, sporting goods, toys, car liners, home improvement building materials, and other fields.
59GF Score

Get the complete analysis for TPE:1337

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

NT$4.68
Price
NT$5.28
GF Value