* 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.
For the Waste Management subindustry, Chung Tai Resource Technology'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.
Chung Tai Resource Technology Days Payable vs Waste Management Industry
For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Chung Tai Resource Technology's Days Payable falls into.
Chung Tai Resource Technology 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.
* 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.
Chung Tai Resource Technology (TPE:6923) has a Days Payable of 48.33 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 Chung Tai Resource Technology and its competitors. This is 16% below median its historical median of 57.23. Over the past decade, Chung Tai Resource Technology's Days Payable has ranged from 24.29 to 66.73. According to the industry distribution chart, Chung Tai Resource Technology ranks #127 out of 232 companies in the Waste Management industry, placing it in the top 54.7%.
Is Chung Tai Resource Technology's Days Payable too high?
Chung Tai Resource Technology's current Days Payable of 48.33 is 16% below median its 10-year median of 57.23. Over the past 10 years, this metric has ranged from a low of 24.29 to a high of 66.73. The Waste Management industry median Days Payable is 63.81. Chung Tai Resource Technology's value of 48.33 is 24.3% below this industry median. Based on the distribution chart, Chung Tai Resource Technology ranks #127 out of 232 companies in the Waste Management industry, which is below the industry midpoint. Overall, Chung Tai Resource Technology has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Tai Resource Technology's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Chung Tai Resource Technology ranks #127 out of 232 companies for Days Payable. This places Chung Tai Resource Technology in the lower half of its industry. The industry median Days Payable is 63.81. Chung Tai Resource Technology's value of 48.33 is 24.3% below this benchmark. Historically, Chung Tai Resource Technology's own Days Payable has ranged from 24.29 to 66.73 over the past decade. While the company's 10-year median is 57.23 vs. the industry median of 63.81, Chung Tai Resource Technology 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.81, based on 232 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. Chung Tai Resource Technology's current Days Payable of 48.33 is 24.3% 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 Chung Tai Resource Technology and its competitors. For the Waste Management industry, the median Days Payable is 63.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Tai Resource Technology's current Days Payable is 48.33, which is 16% below median its own 10-year median of 57.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Tai Resource Technology stock overvalued right now?
Based on GuruFocus' analysis, Chung Tai Resource Technology (TPE:6923) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.45, compared to a current price of NT$77.00 — trading 13.9% below its estimated fair value. The current Days Payable is 48.33, which is 16% below median its 10-year median of 57.23 and 24.3% below the Waste Management industry median of 63.81. Chung Tai Resource Technology's overall GF Score™ is 69/100 with 4 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 Chung Tai Resource Technology (TPE:6923), the current Days Payable is 48.33 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 Chung Tai Resource Technology (TPE:6923) Overvalued in 2026?
Based on GuruFocus' analysis, Chung Tai Resource Technology stock appears to be undervalued.
The current stock price of NT$77.00 is trading 13.9% below its estimated GF Value™ of NT$89.45.
GuruFocus considers Chung Tai Resource Technology to be Modestly Undervalued.
Key valuation signals for TPE:6923:
Days Payable: 48.33 (16% below median its 10-year median of 57.23)
GF Value™: NT$89.45 vs. price of NT$77.00 (13.9% below fair value)
Industry Position: 24.3% below the Waste Management median (#127 of 232)
No single metric tells the full story. See the TPE:6923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chung Tai Resource Technology Business Description
Chung Tai Resource Technology Corp is mainly engaged in waste disposal and treatment, recycling of waste lighting sources, and recycling of waste printed circuit boards. The company operates in two segments: Waste Disposal Treatments and Circular Economy, and Environmental Construction Services. A majority of its revenue is generated from the Waste Disposal Treatments and Circular Economy segment, which engages in waste disposal and treatment services, recycling of waste lighting sources, recycling of waste printed circuit boards, and electricity generation by waste heat. The Environmental Construction Services segment engages in soil and groundwater pollution remediation services. Geographically, it derives maximum revenue from Taiwan and the rest from Japan.
69GF Score
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