Daxin Materials Co (TPE:5234) Days Payable: 64.85 (As of Dec. 2025) — 12% Below Median

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TPE:5234 Daxin Materials Co Ltd TPE:5234
83 GF Score
Price NT$376.00
GF Value NT$194.53
Valuation Significantly Overvalued
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What is Daxin Materials Co Days Payable?

Daxin Materials Co TPE:5234 +3.16% 83 Days Payable is 64.85 as of Dec. 2025, which is 12% below its 10-year median of 73.51. GuruFocus rates TPE:5234 with a GF Score™ of 83/100 and a GF Value™ of NT$194.53 (Significantly Overvalued). Among 1,553 Chemicals companies, Daxin Materials Co ranks better than 53.77% on this metric.

Daxin Materials Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$495 Mil. Daxin Materials Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$697 Mil. Hence, Daxin Materials Co's Days Payable for the three months ended in Dec. 2025 was 64.85.

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

TPE:5234' s Days Payable Range Over the Past 10 Years
Min: 58.66   Med: 73.51   Max: 92.9
Current: 64.4

During the past 13 years, Daxin Materials Co's highest Days Payable was 92.90. The lowest was 58.66. And the median was 73.51.

TPE:5234's Days Payable is ranked better than
53.77% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs TPE:5234: 64.40

Daxin Materials Co's Days Payable declined from Dec. 2024 (66.15) to Dec. 2025 (64.85). It may suggest that Daxin Materials Co accelerated paying its suppliers.


Daxin Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Daxin Materials 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.

Daxin Materials Co Days Payable Chart

Daxin Materials 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 73.33 74.51 58.66 65.28 66.96

Daxin Materials 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 66.15 68.86 61.69 60.03 64.85

TPE:5234 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Daxin Materials 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.


Daxin Materials Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Daxin Materials Co's Days Payable falls into.


TPE:5234
83GF Score
Daxin Materials Co Ltd TPE:5234
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Daxin Materials 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.

Daxin Materials 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
=( (510.418 + 498.714) / 2 ) / 2750.283*365
=504.566 / 2750.283*365
=66.96

Daxin Materials 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
=( (491.628 + 498.714) / 2 ) / 696.802*365 / 4
=495.171 / 696.802*365 / 4
=64.85

* 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 64.85 mean?
Daxin Materials Co (TPE:5234) has a Days Payable of 64.85 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 Daxin Materials Co and its competitors. This is 12% below median its historical median of 73.51. Over the past decade, Daxin Materials Co's Days Payable has ranged from 58.66 to 92.90. According to the industry distribution chart, Daxin Materials Co ranks #718 out of 1553 companies in the Chemicals industry, placing it in the top 46.2%.
Is Daxin Materials Co's Days Payable too high?
Daxin Materials Co's current Days Payable of 64.85 is 12% below median its 10-year median of 73.51. Over the past 10 years, this metric has ranged from a low of 58.66 to a high of 92.90. The Chemicals industry median Days Payable is 59.70. Daxin Materials Co's value of 64.85 is 8.6% above this industry median. Based on the distribution chart, Daxin Materials Co ranks #718 out of 1553 companies in the Chemicals industry, which is above the industry midpoint. Overall, Daxin Materials Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daxin Materials Co ranks #718 out of 1553 companies for Days Payable. This puts Daxin Materials Co in the upper half of its industry. The industry median Days Payable is 59.70. Daxin Materials Co's value of 64.85 is 8.6% above this benchmark. Historically, Daxin Materials Co's own Days Payable has ranged from 58.66 to 92.90 over the past decade. While the company's 10-year median is 73.51 vs. the industry median of 59.70, Daxin Materials Co has consistently been above 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 59.70, based on 1,553 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. Daxin Materials Co's current Days Payable of 64.85 is 8.6% above 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 Daxin Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daxin Materials Co's current Days Payable is 64.85, which is 12% below median its own 10-year median of 73.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$194.53, compared to a current price of NT$376.00 — trading 93.3% above its estimated fair value. The current Days Payable is 64.85, which is 12% below median its 10-year median of 73.51 and 8.6% above the Chemicals industry median of 59.70. Daxin Materials Co's overall GF Score™ is 83/100. 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 Daxin Materials Co (TPE:5234), the current Days Payable is 64.85 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?

Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued. The current stock price of NT$376.00 is trading 93.3% above its estimated GF Value™ of NT$194.53. GuruFocus considers Daxin Materials Co to be Significantly Overvalued.

Key valuation signals for TPE:5234:

  • Days Payable: 64.85 (12% below median its 10-year median of 73.51)
  • GF Value™: NT$194.53 vs. price of NT$376.00 (93.3% above fair value)
  • GF Score™: 83/100
  • Industry Position: 8.6% above the Chemicals median (#718 of 1553)

No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daxin Materials Co Business Description

Address Number 15, Keyuan 1st Road, Central Taiwan Science Park, Taichung City, TWN, 407733
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
83GF Score

Get the complete analysis for TPE:5234

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

NT$376.00
Price
NT$194.53
GF Value