China Ecotek (TPE:1535) Days Payable: 49.92 (As of Jun. 2026) — 47% Above Median

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TPE:1535 China Ecotek Corp TPE:1535
87 GF Score
Price NT$46.00
GF Value NT$56.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Ecotek Days Payable?

China Ecotek TPE:1535 87 Days Payable is 49.92 as of Jun. 2026, which is 47% above its 10-year median of 33.90. GuruFocus rates TPE:1535 with a GF Score™ of 87/100 and a GF Value™ of NT$56.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,000 Industrial Products companies, China Ecotek ranks worse than 78.97% on this metric.

China Ecotek's average Accounts Payable for the three months ended in Jun. 2026 was NT$958 Mil. China Ecotek's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$1,752 Mil. Hence, China Ecotek's Days Payable for the three months ended in Jun. 2026 was 49.92.

The historical rank and industry rank for China Ecotek's Days Payable or its related term are showing as below:

TPE:1535' s Days Payable Range Over the Past 10 Years
Min: 22.83   Med: 33.9   Max: 39.27
Current: 38.68

During the past 13 years, China Ecotek's highest Days Payable was 39.27. The lowest was 22.83. And the median was 33.90.

TPE:1535's Days Payable is ranked worse than
78.97% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs TPE:1535: 38.68

China Ecotek's Days Payable increased from Jun. 2025 (27.95) to Jun. 2026 (49.92). It may suggest that China Ecotek delayed paying its suppliers.


China Ecotek Days Payable Historical Data

* Premium members only.

The historical data trend for China Ecotek'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.

China Ecotek Days Payable Chart

China Ecotek 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 39.27 32.62 32.30 35.18 35.26

China Ecotek Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 27.95 29.40 37.96 45.35 49.92

TPE:1535 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, China Ecotek'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.


China Ecotek Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Ecotek's Days Payable distribution charts can be found below:

* The bar in red indicates where China Ecotek's Days Payable falls into.


TPE:1535
87GF Score
China Ecotek Corp TPE:1535
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Ecotek 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.

China Ecotek'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
=( (1027.378 + 961.941) / 2 ) / 10296.505*365
=994.6595 / 10296.505*365
=35.26

China Ecotek's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (973.028 + 943.725) / 2 ) / 1751.965*365 / 4
=958.3765 / 1751.965*365 / 4
=49.92

* 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 49.92 mean?
China Ecotek (TPE:1535) has a Days Payable of 49.92 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Ecotek and its competitors. This is 47% above median its historical median of 33.90. Over the past decade, China Ecotek's Days Payable has ranged from 22.83 to 39.27. According to the industry distribution chart, China Ecotek ranks #2369 out of 3000 companies in the Industrial Products industry, placing it in the top 79%.
Is China Ecotek's Days Payable too high?
China Ecotek's current Days Payable of 49.92 is 47% above median its 10-year median of 33.90. Over the past 10 years, this metric has ranged from a low of 22.83 to a high of 39.27. The Industrial Products industry median Days Payable is 77.48. China Ecotek's value of 49.92 is 35.6% below this industry median. Based on the distribution chart, China Ecotek ranks #2369 out of 3000 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, China Ecotek has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Ecotek's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, China Ecotek ranks #2369 out of 3000 companies for Days Payable. This places China Ecotek in the lower half of its industry. The industry median Days Payable is 77.48. China Ecotek's value of 49.92 is 35.6% below this benchmark. Historically, China Ecotek's own Days Payable has ranged from 22.83 to 39.27 over the past decade. While the company's 10-year median is 33.90 vs. the industry median of 77.48, China Ecotek 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.48, based on 3,000 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. China Ecotek's current Days Payable of 49.92 is 35.6% 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 China Ecotek and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Ecotek's current Days Payable is 49.92, which is 47% above median its own 10-year median of 33.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ecotek stock overvalued right now?
Based on GuruFocus' analysis, China Ecotek (TPE:1535) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.31, compared to a current price of NT$46.00 — trading 18.3% below its estimated fair value. The current Days Payable is 49.92, which is 47% above median its 10-year median of 33.90 and 35.6% below the Industrial Products industry median of 77.48. China Ecotek's overall GF Score™ is 87/100 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 China Ecotek (TPE:1535), the current Days Payable is 49.92 as of Jun. 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 China Ecotek (TPE:1535) Overvalued in 2026?

Based on GuruFocus' analysis, China Ecotek stock appears to be undervalued. The current stock price of NT$46.00 is trading 18.3% below its estimated GF Value™ of NT$56.31. GuruFocus considers China Ecotek to be Modestly Undervalued.

Key valuation signals for TPE:1535:

  • Days Payable: 49.92 (47% above median its 10-year median of 33.90)
  • GF Value™: NT$56.31 vs. price of NT$46.00 (18.3% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 35.6% below the Industrial Products median (#2369 of 3000)

No single metric tells the full story. See the TPE:1535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Ecotek Business Description

Address Chenggong 2nd Road, No.88, 8th Floor, Qianzhen District, Kaohsiung City, TWN, 80661
China Ecotek Corp is engaged in the planning, design, installation, maintenance, and environmental impact assessment for environmental protection equipment, cogeneration equipment, and steel industry equipment. The company and its subsidiaries mainly operate in two regions - Taiwan and Vietnam.
87GF Score

Get the complete analysis for TPE:1535

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

NT$46.00
Price
NT$56.31
GF Value