Shinkong Synthetic Fiber (TPE:1409) Days Payable: 146.44 (As of Dec. 2025) — 94% Above Median


TPE:1409 Shinkong Synthetic Fiber Corp TPE:1409
55 GF Score
Price NT$31.70
GF Value NT$14.34
Valuation Significantly Overvalued
! 13 Warning Signs
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What is Shinkong Synthetic Fiber Days Payable?

Shinkong Synthetic Fiber TPE:1409 +4.79% 55 Days Payable is 146.44 as of Dec. 2025, which is 94% above its 10-year median of 75.48. GuruFocus rates TPE:1409 with a GF Score™ of 55/100 and a GF Value™ of NT$14.34 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Shinkong Synthetic Fiber ranks better than 81.34% on this metric.

Shinkong Synthetic Fiber's average Accounts Payable for the three months ended in Dec. 2025 was NT$10,300 Mil. Shinkong Synthetic Fiber's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$6,418 Mil. Hence, Shinkong Synthetic Fiber's Days Payable for the three months ended in Dec. 2025 was 146.44.

The historical rank and industry rank for Shinkong Synthetic Fiber's Days Payable or its related term are showing as below:

TPE:1409' s Days Payable Range Over the Past 10 Years
Min: 37.61   Med: 75.48   Max: 119.43
Current: 119.43

During the past 13 years, Shinkong Synthetic Fiber's highest Days Payable was 119.43. The lowest was 37.61. And the median was 75.48.

TPE:1409's Days Payable is ranked better than
81.34% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs TPE:1409: 119.43

Shinkong Synthetic Fiber's Days Payable increased from Dec. 2024 (97.96) to Dec. 2025 (146.44). It may suggest that Shinkong Synthetic Fiber delayed paying its suppliers.


Shinkong Synthetic Fiber Days Payable Historical Data

* Premium members only.

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Days Payable Chart

Shinkong Synthetic Fiber 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 112.11 78.25 72.71 80.49 112.55

Shinkong Synthetic Fiber 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 97.96 109.65 113.96 118.47 146.44

Shinkong Synthetic Fiber Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.


Shinkong Synthetic Fiber Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's Days Payable distribution charts can be found below:

* The bar in red indicates where Shinkong Synthetic Fiber's Days Payable falls into.


TPE:1409
55GF Score
Shinkong Synthetic Fiber Corp TPE:1409
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinkong Synthetic Fiber 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.

Shinkong Synthetic Fiber'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
=( (7921.762 + 9853.177) / 2 ) / 28821.484*365
=8887.4695 / 28821.484*365
=112.55

Shinkong Synthetic Fiber'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
=( (10746.045 + 9853.177) / 2 ) / 6418.042*365 / 4
=10299.611 / 6418.042*365 / 4
=146.44

* 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 146.44 mean?
Shinkong Synthetic Fiber (TPE:1409) has a Days Payable of 146.44 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 Shinkong Synthetic Fiber and its competitors. This is 94% above median its historical median of 75.48. Over the past decade, Shinkong Synthetic Fiber's Days Payable has ranged from 37.61 to 119.43. According to the industry distribution chart, Shinkong Synthetic Fiber ranks #189 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.7%.
Is Shinkong Synthetic Fiber's Days Payable too high?
Shinkong Synthetic Fiber's current Days Payable of 146.44 is 94% above median its 10-year median of 75.48. Over the past 10 years, this metric has ranged from a low of 37.61 to a high of 119.43. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Shinkong Synthetic Fiber's value of 146.44 is 171.2% above this industry median. Based on the distribution chart, Shinkong Synthetic Fiber ranks #189 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shinkong Synthetic Fiber has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Synthetic Fiber's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shinkong Synthetic Fiber ranks #189 out of 1013 companies for Days Payable. This places Shinkong Synthetic Fiber in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.99. Shinkong Synthetic Fiber's value of 146.44 is 171.2% above this benchmark. Historically, Shinkong Synthetic Fiber's own Days Payable has ranged from 37.61 to 119.43 over the past decade. While the company's 10-year median is 75.48 vs. the industry median of 53.99, Shinkong Synthetic Fiber has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. Shinkong Synthetic Fiber's current Days Payable of 146.44 is 171.2% above 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 Shinkong Synthetic Fiber and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinkong Synthetic Fiber's current Days Payable is 146.44, which is 94% above median its own 10-year median of 75.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Synthetic Fiber stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Synthetic Fiber (TPE:1409) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.34, compared to a current price of NT$31.70 — trading 121.1% above its estimated fair value. The current Days Payable is 146.44, which is 94% above median its 10-year median of 75.48 and 171.2% above the Manufacturing - Apparel & Accessories industry median of 53.99. Shinkong Synthetic Fiber's overall GF Score™ is 55/100 with 13 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 Shinkong Synthetic Fiber (TPE:1409), the current Days Payable is 146.44 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 Shinkong Synthetic Fiber (TPE:1409) Overvalued in 2026?

Based on GuruFocus' analysis, Shinkong Synthetic Fiber stock appears to be overvalued. The current stock price of NT$31.70 is trading 121.1% above its estimated GF Value™ of NT$14.34. GuruFocus considers Shinkong Synthetic Fiber to be Significantly Overvalued.

Key valuation signals for TPE:1409:

  • Days Payable: 146.44 (94% above median its 10-year median of 75.48)
  • GF Value™: NT$14.34 vs. price of NT$31.70 (121.1% above fair value)
  • GF Score™: 55/100 with 13 warning signs
  • Industry Position: 171.2% above the Manufacturing - Apparel & Accessories median (#189 of 1013)

No single metric tells the full story. See the TPE:1409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinkong Synthetic Fiber Business Description

Address No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp manufactures and sells polyester polymers, polyester staple fibers, polyester textured yarns, polyester chips, pre-oriented yarns, polyester flat yarns, polyethylene terephthalate (PET) resins used in PET bottles and polyester base films. The company's PET fiber products can mainly be categorized into industrial yarn, partially oriented yarn (POY), Spin draw yarn (SDY), polyester staple fiber (PSF), and draw textured yarn (DTY). Its plastic products include polyester resin, bottle grade polyester resin , PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. Its segments include Polyester, Finance and Securities, and Optronics of which the Polyester segment derives the majority of the revenue.
55GF Score

Get the complete analysis for TPE:1409

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

NT$31.70
Price
NT$14.34
GF Value