Shin Foong Specialty and Applied Materials Co (TPE:6582) Days Payable: 18.28 (As of Dec. 2025) — 49% Below Median


TPE:6582 Shin Foong Specialty and Applied Materials Co TPE:6582
69 GF Score
Price NT$33.40
GF Value NT$32.60
Valuation Fairly Valued
! 2 Warning Signs
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What is Shin Foong Specialty and Applied Materials Co Days Payable?

Shin Foong Specialty and Applied Materials Co TPE:6582 +1.21% 69 Days Payable is 18.28 as of Dec. 2025, which is 49% below its 10-year median of 36.13. GuruFocus rates TPE:6582 with a GF Score™ of 69/100 and a GF Value™ of NT$32.60 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,550 Chemicals companies, Shin Foong Specialty and Applied Materials Co ranks worse than 78.9% on this metric.

Shin Foong Specialty and Applied Materials Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$28.0 Mil. Shin Foong Specialty and Applied Materials Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$139.9 Mil. Hence, Shin Foong Specialty and Applied Materials Co's Days Payable for the three months ended in Dec. 2025 was 18.28.

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

TPE:6582' s Days Payable Range Over the Past 10 Years
Min: 23.08   Med: 36.13   Max: 46.23
Current: 30.93

During the past 12 years, Shin Foong Specialty and Applied Materials Co's highest Days Payable was 46.23. The lowest was 23.08. And the median was 36.13.

TPE:6582's Days Payable is ranked worse than
78.9% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs TPE:6582: 30.93

Shin Foong Specialty and Applied Materials Co's Days Payable declined from Dec. 2024 (40.36) to Dec. 2025 (18.28). It may suggest that Shin Foong Specialty and Applied Materials Co accelerated paying its suppliers.


Shin Foong Specialty and Applied Materials Co Days Payable Related Terms


Shin Foong Specialty and Applied Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shin Foong Specialty and Applied 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.

Shin Foong Specialty and Applied Materials Co Days Payable Chart

Shin Foong Specialty and Applied 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 31.73 33.61 23.08 28.81 41.20

Shin Foong Specialty and Applied 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 40.36 39.96 25.41 20.12 18.28

TPE:6582 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Shin Foong Specialty and Applied 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.


Shin Foong Specialty and Applied Materials Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Shin Foong Specialty and Applied Materials Co's Days Payable falls into.


TPE:6582
69GF Score
Shin Foong Specialty and Applied Materials Co TPE:6582
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Foong Specialty and Applied 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.

Shin Foong Specialty and Applied 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
=( (168.132 + 27.491) / 2 ) / 866.549*365
=97.8115 / 866.549*365
=41.20

Shin Foong Specialty and Applied 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
=( (28.552 + 27.491) / 2 ) / 139.906*365 / 4
=28.0215 / 139.906*365 / 4
=18.28

* 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 18.28 mean?
Shin Foong Specialty and Applied Materials Co (TPE:6582) has a Days Payable of 18.28 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 Shin Foong Specialty and Applied Materials Co and its competitors. This is 49% below median its historical median of 36.13. Over the past decade, Shin Foong Specialty and Applied Materials Co's Days Payable has ranged from 23.08 to 46.23. According to the industry distribution chart, Shin Foong Specialty and Applied Materials Co ranks #1223 out of 1550 companies in the Chemicals industry, placing it in the top 78.9%.
Is Shin Foong Specialty and Applied Materials Co's Days Payable too high?
Shin Foong Specialty and Applied Materials Co's current Days Payable of 18.28 is 49% below median its 10-year median of 36.13. Over the past 10 years, this metric has ranged from a low of 23.08 to a high of 46.23. The Chemicals industry median Days Payable is 59.80. Shin Foong Specialty and Applied Materials Co's value of 18.28 is 69.4% below this industry median. Based on the distribution chart, Shin Foong Specialty and Applied Materials Co ranks #1223 out of 1550 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shin Foong Specialty and Applied Materials Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Foong Specialty and Applied Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shin Foong Specialty and Applied Materials Co ranks #1223 out of 1550 companies for Days Payable. This places Shin Foong Specialty and Applied Materials Co in the lower half of its industry. The industry median Days Payable is 59.80. Shin Foong Specialty and Applied Materials Co's value of 18.28 is 69.4% below this benchmark. Historically, Shin Foong Specialty and Applied Materials Co's own Days Payable has ranged from 23.08 to 46.23 over the past decade. While the company's 10-year median is 36.13 vs. the industry median of 59.80, Shin Foong Specialty and Applied Materials 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. Shin Foong Specialty and Applied Materials Co's current Days Payable of 18.28 is 69.4% 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 Shin Foong Specialty and Applied Materials 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. Shin Foong Specialty and Applied Materials Co's current Days Payable is 18.28, which is 49% below median its own 10-year median of 36.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Foong Specialty and Applied Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Foong Specialty and Applied Materials Co (TPE:6582) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.60, compared to a current price of NT$33.40 — trading 2.5% above its estimated fair value. The current Days Payable is 18.28, which is 49% below median its 10-year median of 36.13 and 69.4% below the Chemicals industry median of 59.80. Shin Foong Specialty and Applied Materials Co's overall GF Score™ is 69/100 with 2 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 Shin Foong Specialty and Applied Materials Co (TPE:6582), the current Days Payable is 18.28 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 Shin Foong Specialty and Applied Materials Co (TPE:6582) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Foong Specialty and Applied Materials Co stock appears to be overvalued. The current stock price of NT$33.40 is trading 2.5% above its estimated GF Value™ of NT$32.60. GuruFocus considers Shin Foong Specialty and Applied Materials Co to be Fairly Valued.

Key valuation signals for TPE:6582:

  • Days Payable: 18.28 (49% below median its 10-year median of 36.13)
  • GF Value™: NT$32.60 vs. price of NT$33.40 (2.5% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 69.4% below the Chemicals median (#1223 of 1550)

No single metric tells the full story. See the TPE:6582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Foong Specialty and Applied Materials Co Business Description

Address No.55, Section 3, Zhongshan Road, Fangliao, Ping Tung, Fangliao, TWN, 94048
Shin Foong Specialty and Applied Materials Co is engaged in manufacturing and selling synthetic latex and adhesives. Its products are NBR, SBR, Acrylic, and Other. Its products are used in Medical & Healthcare, Adhesive, Building & Construction, Energy, and Fiber & Textile. It has a geographic presence in Asia, Taiwan, and Others, generating the key revenue from Asia.
69GF Score

Get the complete analysis for TPE:6582

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

NT$33.40
Price
NT$32.60
GF Value