Nantex Industry Co (TPE:2108) Days Payable: 15.71 (As of Dec. 2025) — 12% Above Median


TPE:2108 Nantex Industry Co Ltd TPE:2108
66 GF Score
Price NT$29.85
GF Value NT$32.91
Valuation Fairly Valued
! 9 Warning Signs
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What is Nantex Industry Co Days Payable?

Nantex Industry Co TPE:2108 +5.11% 66 Days Payable is 15.71 as of Dec. 2025, which is 12% above its 10-year median of 14.04. GuruFocus rates TPE:2108 with a GF Score™ of 66/100 and a GF Value™ of NT$32.91 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,550 Chemicals companies, Nantex Industry Co ranks worse than 93.55% on this metric.

Nantex Industry Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$297 Mil. Nantex Industry Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,723 Mil. Hence, Nantex Industry Co's Days Payable for the three months ended in Dec. 2025 was 15.71.

The historical rank and industry rank for Nantex Industry Co's Days Payable or its related term are showing as below:

TPE:2108' s Days Payable Range Over the Past 10 Years
Min: 12.99   Med: 14.04   Max: 17.74
Current: 15.87

During the past 13 years, Nantex Industry Co's highest Days Payable was 17.74. The lowest was 12.99. And the median was 14.04.

TPE:2108's Days Payable is ranked worse than
93.55% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs TPE:2108: 15.87

Nantex Industry Co's Days Payable declined from Dec. 2024 (16.72) to Dec. 2025 (15.71). It may suggest that Nantex Industry Co accelerated paying its suppliers.


Nantex Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nantex Industry Co'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.

Nantex Industry Co Days Payable Chart

Nantex Industry Co 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 13.06 14.59 14.09 13.63 17.74

Nantex Industry Co 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 16.72 19.16 12.60 14.84 15.71

TPE:2108 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Nantex Industry 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.


Nantex Industry Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantex Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nantex Industry Co's Days Payable falls into.


TPE:2108
66GF Score
Nantex Industry Co Ltd TPE:2108
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nantex Industry 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.

Nantex Industry Co'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
=( (423.557 + 296.981) / 2 ) / 7413.961*365
=360.269 / 7413.961*365
=17.74

Nantex Industry Co'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
=( (296.06 + 296.981) / 2 ) / 1722.579*365 / 4
=296.5205 / 1722.579*365 / 4
=15.71

* 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 15.71 mean?
Nantex Industry Co (TPE:2108) has a Days Payable of 15.71 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 Nantex Industry Co and its competitors. This is 12% above median its historical median of 14.04. Over the past decade, Nantex Industry Co's Days Payable has ranged from 12.99 to 17.74. According to the industry distribution chart, Nantex Industry Co ranks #1450 out of 1550 companies in the Chemicals industry, placing it in the top 93.5%.
Is Nantex Industry Co's Days Payable too high?
Nantex Industry Co's current Days Payable of 15.71 is 12% above median its 10-year median of 14.04. Over the past 10 years, this metric has ranged from a low of 12.99 to a high of 17.74. The Chemicals industry median Days Payable is 59.80. Nantex Industry Co's value of 15.71 is 73.7% below this industry median. Based on the distribution chart, Nantex Industry Co ranks #1450 out of 1550 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Nantex Industry Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nantex Industry Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nantex Industry Co ranks #1450 out of 1550 companies for Days Payable. This places Nantex Industry Co in the lower half of its industry. The industry median Days Payable is 59.80. Nantex Industry Co's value of 15.71 is 73.7% below this benchmark. Historically, Nantex Industry Co's own Days Payable has ranged from 12.99 to 17.74 over the past decade. While the company's 10-year median is 14.04 vs. the industry median of 59.80, Nantex Industry 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 59.80, based on 1,550 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. Nantex Industry Co's current Days Payable of 15.71 is 73.7% 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 Nantex Industry Co and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantex Industry Co's current Days Payable is 15.71, which is 12% above median its own 10-year median of 14.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantex Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Nantex Industry Co (TPE:2108) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.91, compared to a current price of NT$29.85 — trading 9.3% below its estimated fair value. The current Days Payable is 15.71, which is 12% above median its 10-year median of 14.04 and 73.7% below the Chemicals industry median of 59.80. Nantex Industry Co's overall GF Score™ is 66/100 with 9 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 Nantex Industry Co (TPE:2108), the current Days Payable is 15.71 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 Nantex Industry Co (TPE:2108) Overvalued in 2026?

Based on GuruFocus' analysis, Nantex Industry Co stock appears to be undervalued. The current stock price of NT$29.85 is trading 9.3% below its estimated GF Value™ of NT$32.91. GuruFocus considers Nantex Industry Co to be Fairly Valued.

Key valuation signals for TPE:2108:

  • Days Payable: 15.71 (12% above median its 10-year median of 14.04)
  • GF Value™: NT$32.91 vs. price of NT$29.85 (9.3% below fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 73.7% below the Chemicals median (#1450 of 1550)

No single metric tells the full story. See the TPE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nantex Industry Co Business Description

Address No.9, Industrial 1st Road, Lin-Yuan, Kaohsiung, TWN, 832
Nantex Industry Co Ltd is mainly engaged in the manufacture, processing, and sales of various types of latex, rubber, and related products, with both domestic and international sales. The Company is involved in the production and distribution of four product categories: NBR/SBR synthetic latex, acrylonitrile-butadiene rubber (NBR), carbon masterbatch, and thermoplastic elastomer (TPE). It operates in Taiwan, China, Thailand, Malaysia, and other countries, with the majority of its revenue generated from China.
66GF Score

Get the complete analysis for TPE:2108

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

NT$29.85
Price
NT$32.91
GF Value