* 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.
Forest Water Environmental Eng'g Co Days Payable Chart
For the Waste Management subindustry, Forest Water Environmental Eng'g 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.
Forest Water Environmental Eng'g Co Days Payable vs Waste Management Industry
For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Forest Water Environmental Eng'g Co's Days Payable falls into.
Forest Water Environmental Eng'g 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.
* 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.
Forest Water Environmental Eng'g Co (TPE:8473) has a Days Payable of 106.45 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 Forest Water Environmental Eng'g Co and its competitors. This is 27% above median its historical median of 83.54. Over the past decade, Forest Water Environmental Eng'g Co's Days Payable has ranged from 36.73 to 127.36. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #85 out of 232 companies in the Waste Management industry, placing it in the top 36.6%.
Is Forest Water Environmental Eng'g Co's Days Payable too high?
Forest Water Environmental Eng'g Co's current Days Payable of 106.45 is 27% above median its 10-year median of 83.54. Over the past 10 years, this metric has ranged from a low of 36.73 to a high of 127.36. The Waste Management industry median Days Payable is 63.81. Forest Water Environmental Eng'g Co's value of 106.45 is 66.8% above this industry median. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #85 out of 232 companies in the Waste Management industry, which is above the industry midpoint. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #85 out of 232 companies for Days Payable. This puts Forest Water Environmental Eng'g Co in the upper half of its industry. The industry median Days Payable is 63.81. Forest Water Environmental Eng'g Co's value of 106.45 is 66.8% above this benchmark. Historically, Forest Water Environmental Eng'g Co's own Days Payable has ranged from 36.73 to 127.36 over the past decade. While the company's 10-year median is 83.54 vs. the industry median of 63.81, Forest Water Environmental Eng'g 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 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. Forest Water Environmental Eng'g Co's current Days Payable of 106.45 is 66.8% 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 Forest Water Environmental Eng'g Co 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. Forest Water Environmental Eng'g Co's current Days Payable is 106.45, which is 27% above median its own 10-year median of 83.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forest Water Environmental Eng'g Co stock overvalued right now?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co (TPE:8473) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$41.94, compared to a current price of NT$48.60 — trading 15.9% above its estimated fair value. The current Days Payable is 106.45, which is 27% above median its 10-year median of 83.54 and 66.8% above the Waste Management industry median of 63.81. Forest Water Environmental Eng'g Co's overall GF Score™ is 79/100 with 6 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 Forest Water Environmental Eng'g Co (TPE:8473), the current Days Payable is 106.45 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 Forest Water Environmental Eng'g Co (TPE:8473) Overvalued in 2026?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co stock appears to be overvalued.
The current stock price of NT$48.60 is trading 15.9% above its estimated GF Value™ of NT$41.94.
GuruFocus considers Forest Water Environmental Eng'g Co to be Modestly Overvalued.
Key valuation signals for TPE:8473:
Days Payable: 106.45 (27% above median its 10-year median of 83.54)
GF Value™: NT$41.94 vs. price of NT$48.60 (15.9% above fair value)
Industry Position: 66.8% above the Waste Management median (#85 of 232)
No single metric tells the full story. See the TPE:8473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forest Water Environmental Eng'g Co Business Description
Forest Water Environmental Eng'g Co Ltd is engaged includes engineering projects for environmental protection, sewage treatment, waste treatment and recycling, and the recycling and decomposition of compostable food waste. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.
79GF Score
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