CoremaxTPE:4739 +1.79%62 Days Payable is 16.52 as of Dec. 2025, which is 150% above its 10-year median of 6.62. GuruFocus rates TPE:4739 with a GF Score™ of 62/100 and a GF Value™ of NT$78.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, Coremax ranks worse than 93.44% on this metric.
Coremax's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$297 Mil. Coremax's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$1,639 Mil.
Hence, Coremax's Days Payable for the
three
months ended in Dec. 2025 was 16.52.
The historical rank and industry rank for Coremax's Days Payable or its related term are showing as below:
TPE:4739'
s Days Payable Range Over the Past 10 Years
Min: 4.03 Med: 6.62 Max: 16.09
Current: 16.09
During the past 13 years, Coremax's highest Days Payable was 16.09. The lowest was 4.03. And the median was 6.62.
TPE:4739's Days Payable is ranked worse than 93.44% of 1555
companies
in the Chemicals industry
Industry Median: 59.95
vs TPE:4739: 16.09
Coremax's Days Payable
increased
from Dec. 2024 (8.90) to Dec. 2025 (16.52).
It may suggest that Coremaxdelayed paying its suppliers.
Coremax Days Payable Related Terms
Coremax Days Payable Historical Data
* Premium members only.
The historical data trend for Coremax'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:4739 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Coremax'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.
Coremax Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Coremax's Days Payable distribution charts can be found below:
* The bar in red indicates where Coremax'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.
Coremax'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.
Coremax (TPE:4739) has a Days Payable of 16.52 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 Coremax and its competitors. This is 150% above median its historical median of 6.62. Over the past decade, Coremax's Days Payable has ranged from 4.03 to 16.09. According to the industry distribution chart, Coremax ranks #1453 out of 1555 companies in the Chemicals industry, placing it in the top 93.4%.
Is Coremax's Days Payable too high?
Coremax's current Days Payable of 16.52 is 150% above median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 4.03 to a high of 16.09. The Chemicals industry median Days Payable is 59.95. Coremax's value of 16.52 is 72.4% below this industry median. Based on the distribution chart, Coremax ranks #1453 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Coremax has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coremax's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Coremax ranks #1453 out of 1555 companies for Days Payable. This places Coremax in the lower half of its industry. The industry median Days Payable is 59.95. Coremax's value of 16.52 is 72.4% below this benchmark. Historically, Coremax's own Days Payable has ranged from 4.03 to 16.09 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 59.95, Coremax 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. Coremax's current Days Payable of 16.52 is 72.4% 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 Coremax 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. Coremax's current Days Payable is 16.52, which is 150% above median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coremax stock overvalued right now?
Based on GuruFocus' analysis, Coremax (TPE:4739) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.82, compared to a current price of NT$113.50 — trading 44% above its estimated fair value. The current Days Payable is 16.52, which is 150% above median its 10-year median of 6.62 and 72.4% below the Chemicals industry median of 59.95. Coremax's overall GF Score™ is 62/100 with 5 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 Coremax (TPE:4739), the current Days Payable is 16.52 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 Coremax (TPE:4739) Overvalued in 2026?
Based on GuruFocus' analysis, Coremax stock appears to be overvalued.
The current stock price of NT$113.50 is trading 44% above its estimated GF Value™ of NT$78.82.
GuruFocus considers Coremax to be Significantly Overvalued.
Key valuation signals for TPE:4739:
Days Payable: 16.52 (150% above median its 10-year median of 6.62)
GF Value™: NT$78.82 vs. price of NT$113.50 (44% above fair value)
Industry Position: 72.4% below the Chemicals median (#1453 of 1555)
No single metric tells the full story. See the TPE:4739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coremax Corp is engaged in the manufacturing, sales, import, and export of oxidation catalysts, battery materials, chemical fertilizers, and specialty chemicals. The company operates in Oxidation catalyst department; Battery material department; Chemical fertilizers department; and Specialty chemical department. Geographically, the company generates its revenue from Taiwan and the rest from China and other regions.
62GF Score
Get the complete analysis for TPE:4739
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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