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* 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, Shiny Chemical Industrial Co'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.
Shiny Chemical Industrial Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shiny Chemical Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shiny Chemical Industrial Co's Days Payable falls into.
Shiny Chemical Industrial Co 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.
* 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.
Shiny Chemical Industrial Co (TPE:1773) has a Days Payable of 21.07 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 Shiny Chemical Industrial Co and its competitors. This is 12% below median its historical median of 24.01. Over the past decade, Shiny Chemical Industrial Co's Days Payable has ranged from 19.35 to 30.20. According to the industry distribution chart, Shiny Chemical Industrial Co ranks #1403 out of 1560 companies in the Chemicals industry, placing it in the top 89.9%.
Is Shiny Chemical Industrial Co's Days Payable too high?
Shiny Chemical Industrial Co's current Days Payable of 21.07 is 12% below median its 10-year median of 24.01. Over the past 10 years, this metric has ranged from a low of 19.35 to a high of 30.20. The Chemicals industry median Days Payable is 59.51. Shiny Chemical Industrial Co's value of 21.07 is 64.6% below this industry median. Based on the distribution chart, Shiny Chemical Industrial Co ranks #1403 out of 1560 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shiny Chemical Industrial Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shiny Chemical Industrial Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shiny Chemical Industrial Co ranks #1403 out of 1560 companies for Days Payable. This places Shiny Chemical Industrial Co in the lower half of its industry. The industry median Days Payable is 59.51. Shiny Chemical Industrial Co's value of 21.07 is 64.6% below this benchmark. Historically, Shiny Chemical Industrial Co's own Days Payable has ranged from 19.35 to 30.20 over the past decade. While the company's 10-year median is 24.01 vs. the industry median of 59.51, Shiny Chemical Industrial Co 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. Shiny Chemical Industrial Co's current Days Payable of 21.07 is 64.6% 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 Shiny Chemical Industrial Co 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. Shiny Chemical Industrial Co's current Days Payable is 21.07, which is 12% below median its own 10-year median of 24.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co (TPE:1773) is currently considered Fairly Valued. The stock's GF Value™ is NT$154.53, compared to a current price of NT$159.50 — trading 3.2% above its estimated fair value. The current Days Payable is 21.07, which is 12% below median its 10-year median of 24.01 and 64.6% below the Chemicals industry median of 59.51. Shiny Chemical Industrial Co's overall GF Score™ is 94/100 with 1 warning sign 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 Shiny Chemical Industrial Co (TPE:1773), the current Days Payable is 21.07 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 Shiny Chemical Industrial Co (TPE:1773) Overvalued in 2026?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co stock appears to be overvalued.
The current stock price of NT$159.50 is trading 3.2% above its estimated GF Value™ of NT$154.53.
GuruFocus considers Shiny Chemical Industrial Co to be Fairly Valued.
Key valuation signals for TPE:1773:
Days Payable: 21.07 (12% below median its 10-year median of 24.01)
GF Value™: NT$154.53 vs. price of NT$159.50 (3.2% above fair value)
Industry Position: 64.6% below the Chemicals median (#1403 of 1560)
No single metric tells the full story. See the TPE:1773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiny Chemical Industrial Co Ltd is a Taiwan-based company predominantly engaged in the manufacturing and distribution of chemical solvent series products including N-Butyl Acetate, and N-Propyl Acetate, Propylene Glycol Monomethyl Ether Propionate and Methanol, and among others. Geographically, the company generates a majority of its revenue from Taiwan and the rest from South Korea, Vietnam, Thailand, China, and other markets.
94GF Score
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