Formosan Rubber GroupTPE:2107 73 Days Payable is 8.89 as of Dec. 2025, which is 16% below its 10-year median of 10.64. GuruFocus rates TPE:2107 with a GF Score™ of 73/100 and a GF Value™ of NT$24.44 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,555 Chemicals companies, Formosan Rubber Group ranks worse than 95.56% on this metric.
Formosan Rubber Group Days Payable Historical Data
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The historical data trend for Formosan Rubber Group'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.
TPE:2107 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Formosan Rubber Group'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.
Formosan Rubber Group Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosan Rubber Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Formosan Rubber Group's Days Payable falls into.
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.
Formosan Rubber Group'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.
Formosan Rubber Group (TPE:2107) has a Days Payable of 8.89 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 Formosan Rubber Group and its competitors. This is 16% below median its historical median of 10.64. Over the past decade, Formosan Rubber Group's Days Payable has ranged from 4.48 to 25.23. According to the industry distribution chart, Formosan Rubber Group ranks #1486 out of 1555 companies in the Chemicals industry, placing it in the top 95.6%.
Is Formosan Rubber Group's Days Payable too high?
Formosan Rubber Group's current Days Payable of 8.89 is 16% below median its 10-year median of 10.64. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 25.23. The Chemicals industry median Days Payable is 59.95. Formosan Rubber Group's value of 8.89 is 85.2% below this industry median. Based on the distribution chart, Formosan Rubber Group ranks #1486 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Formosan Rubber Group has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosan Rubber Group's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Formosan Rubber Group ranks #1486 out of 1555 companies for Days Payable. This places Formosan Rubber Group in the lower half of its industry. The industry median Days Payable is 59.95. Formosan Rubber Group's value of 8.89 is 85.2% below this benchmark. Historically, Formosan Rubber Group's own Days Payable has ranged from 4.48 to 25.23 over the past decade. While the company's 10-year median is 10.64 vs. the industry median of 59.95, Formosan Rubber Group 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 59.95, based on 1,555 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. Formosan Rubber Group's current Days Payable of 8.89 is 85.2% 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 Formosan Rubber Group and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosan Rubber Group's current Days Payable is 8.89, which is 16% below median its own 10-year median of 10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Rubber Group stock overvalued right now?
Based on GuruFocus' analysis, Formosan Rubber Group (TPE:2107) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.44, compared to a current price of NT$25.75 — trading 5.4% above its estimated fair value. The current Days Payable is 8.89, which is 16% below median its 10-year median of 10.64 and 85.2% below the Chemicals industry median of 59.95. Formosan Rubber Group's overall GF Score™ is 73/100 with 4 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 Formosan Rubber Group (TPE:2107), the current Days Payable is 8.89 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 Formosan Rubber Group (TPE:2107) Overvalued in 2026?
Based on GuruFocus' analysis, Formosan Rubber Group stock appears to be overvalued.
The current stock price of NT$25.75 is trading 5.4% above its estimated GF Value™ of NT$24.44.
GuruFocus considers Formosan Rubber Group to be Fairly Valued.
Key valuation signals for TPE:2107:
Days Payable: 8.89 (16% below median its 10-year median of 10.64)
GF Value™: NT$24.44 vs. price of NT$25.75 (5.4% above fair value)
Industry Position: 85.2% below the Chemicals median (#1486 of 1555)
No single metric tells the full story. See the TPE:2107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosan Rubber Group Inc produces and markets rubber sheets, plastic sheets, plastic foam sheets, and PVC resin sheets, as well as the relevant materials. It is also engaged in the property development business and the leasing, sale, and management operations for its own properties and land. Company has three revenue sources that includes Net sales revenue, Construction revenue, and Rental and logistics revenue.
73GF Score
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