Cleanaway Co (TPE:8422) Days Payable: 13.26 (As of Dec. 2025) — 78% Above Median


TPE:8422 Cleanaway Co Ltd TPE:8422
81 GF Score
Price NT$26.80
GF Value NT$16.55
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Cleanaway Co Days Payable?

Cleanaway Co TPE:8422 -0.74% 81 Days Payable is 13.26 as of Dec. 2025, which is 78% above its 10-year median of 7.47. GuruFocus rates TPE:8422 with a GF Score™ of 81/100 and a GF Value™ of NT$16.55 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 233 Waste Management companies, Cleanaway Co ranks worse than 90.56% on this metric.

Cleanaway Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$73 Mil. Cleanaway Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$501 Mil. Hence, Cleanaway Co's Days Payable for the three months ended in Dec. 2025 was 13.26.

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

TPE:8422' s Days Payable Range Over the Past 10 Years
Min: 3.3   Med: 7.47   Max: 19.99
Current: 12.99

During the past 13 years, Cleanaway Co's highest Days Payable was 19.99. The lowest was 3.30. And the median was 7.47.

TPE:8422's Days Payable is ranked worse than
90.56% of 233 companies
in the Waste Management industry
Industry Median: 63.51 vs TPE:8422: 12.99

Cleanaway Co's Days Payable increased from Dec. 2024 (9.43) to Dec. 2025 (13.26). It may suggest that Cleanaway Co delayed paying its suppliers.


Cleanaway Co Days Payable Historical Data

* Premium members only.

The historical data trend for Cleanaway 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.

Cleanaway Co Days Payable Chart

Cleanaway 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 19.99 10.11 10.45 8.59 11.68

Cleanaway 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 9.43 11.33 16.09 13.26 13.26

TPE:8422 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Cleanaway 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.


Cleanaway Co Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Co's Days Payable distribution charts can be found below:

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


TPE:8422
81GF Score
Cleanaway Co Ltd TPE:8422
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleanaway 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.

Cleanaway 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
=( (72.316 + 71.018) / 2 ) / 2240.215*365
=71.667 / 2240.215*365
=11.68

Cleanaway 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
=( (74.548 + 71.018) / 2 ) / 500.732*365 / 4
=72.783 / 500.732*365 / 4
=13.26

* 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 13.26 mean?
Cleanaway Co (TPE:8422) has a Days Payable of 13.26 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 Cleanaway Co and its competitors. This is 78% above median its historical median of 7.47. Over the past decade, Cleanaway Co's Days Payable has ranged from 3.30 to 19.99. According to the industry distribution chart, Cleanaway Co ranks #211 out of 233 companies in the Waste Management industry, placing it in the top 90.6%.
Is Cleanaway Co's Days Payable too high?
Cleanaway Co's current Days Payable of 13.26 is 78% above median its 10-year median of 7.47. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 19.99. The Waste Management industry median Days Payable is 63.51. Cleanaway Co's value of 13.26 is 79.1% below this industry median. Based on the distribution chart, Cleanaway Co ranks #211 out of 233 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Cleanaway Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Co's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Co ranks #211 out of 233 companies for Days Payable. This places Cleanaway Co in the lower half of its industry. The industry median Days Payable is 63.51. Cleanaway Co's value of 13.26 is 79.1% below this benchmark. Historically, Cleanaway Co's own Days Payable has ranged from 3.30 to 19.99 over the past decade. While the company's 10-year median is 7.47 vs. the industry median of 63.51, Cleanaway 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.51, based on 233 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. Cleanaway Co's current Days Payable of 13.26 is 79.1% 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 Cleanaway Co and its competitors. For the Waste Management industry, the median Days Payable is 63.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Co's current Days Payable is 13.26, which is 78% above median its own 10-year median of 7.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Co stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.55, compared to a current price of NT$26.80 — trading 61.9% above its estimated fair value. The current Days Payable is 13.26, which is 78% above median its 10-year median of 7.47 and 79.1% below the Waste Management industry median of 63.51. Cleanaway Co's overall GF Score™ is 81/100 with 8 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 Cleanaway Co (TPE:8422), the current Days Payable is 13.26 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 Cleanaway Co (TPE:8422) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued. The current stock price of NT$26.80 is trading 61.9% above its estimated GF Value™ of NT$16.55. GuruFocus considers Cleanaway Co to be Significantly Overvalued.

Key valuation signals for TPE:8422:

  • Days Payable: 13.26 (78% above median its 10-year median of 7.47)
  • GF Value™: NT$16.55 vs. price of NT$26.80 (61.9% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 79.1% below the Waste Management median (#211 of 233)

No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cleanaway Co Business Description

Address No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.
81GF Score

Get the complete analysis for TPE:8422

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

NT$26.80
Price
NT$16.55
GF Value