Formosa Petrochemical Days Payable Historical Data
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The historical data trend for Formosa Petrochemical'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:6505 vs VLO, MPC, PSX: Days Payable Comparison
For the Oil & Gas Refining & Marketing subindustry, Formosa Petrochemical'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.
Formosa Petrochemical Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Formosa Petrochemical's Days Payable distribution charts can be found below:
* The bar in red indicates where Formosa Petrochemical'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.
Formosa Petrochemical'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.
Formosa Petrochemical (TPE:6505) has a Days Payable of 10.64 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 Formosa Petrochemical and its competitors. This is near median its historical median of 10.08. Over the past decade, Formosa Petrochemical's Days Payable has ranged from 7.36 to 12.30. According to the industry distribution chart, Formosa Petrochemical ranks #807 out of 851 companies in the Oil & Gas industry, placing it in the top 94.8%.
Is Formosa Petrochemical's Days Payable too high?
Formosa Petrochemical's current Days Payable of 10.64 is near median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 7.36 to a high of 12.30. The Oil & Gas industry median Days Payable is 57.95. Formosa Petrochemical's value of 10.64 is 81.6% below this industry median. Based on the distribution chart, Formosa Petrochemical ranks #807 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Formosa Petrochemical has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosa Petrochemical's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Formosa Petrochemical ranks #807 out of 851 companies for Days Payable. This places Formosa Petrochemical in the lower half of its industry. The industry median Days Payable is 57.95. Formosa Petrochemical's value of 10.64 is 81.6% below this benchmark. Historically, Formosa Petrochemical's own Days Payable has ranged from 7.36 to 12.30 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 57.95, Formosa Petrochemical 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Formosa Petrochemical's current Days Payable of 10.64 is 81.6% 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 Formosa Petrochemical and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Petrochemical's current Days Payable is 10.64, which is near median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Petrochemical stock overvalued right now?
Based on GuruFocus' analysis, Formosa Petrochemical (TPE:6505) is currently considered Fairly Valued. The stock's GF Value™ is NT$57.65, compared to a current price of NT$57.60 — trading 0.1% below its estimated fair value. The current Days Payable is 10.64, which is near median its 10-year median of 10.08 and 81.6% below the Oil & Gas industry median of 57.95. Formosa Petrochemical's overall GF Score™ is 89/100 with 3 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 Formosa Petrochemical (TPE:6505), the current Days Payable is 10.64 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 Formosa Petrochemical (TPE:6505) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Petrochemical stock appears to be undervalued.
The current stock price of NT$57.60 is trading 0.1% below its estimated GF Value™ of NT$57.65.
GuruFocus considers Formosa Petrochemical to be Fairly Valued.
Key valuation signals for TPE:6505:
Days Payable: 10.64 (near median its 10-year median of 10.08)
GF Value™: NT$57.65 vs. price of NT$57.60 (0.1% below fair value)
Industry Position: 81.6% below the Oil & Gas median (#807 of 851)
No single metric tells the full story. See the TPE:6505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Petrochemical Corp engages in the Operation of refinery of petroleum and integrated manufacture of hydrocarbon. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.
89GF Score
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