Shin Shin Natural Gas CoTPE:9918 -0.69%83 Days Payable is 15.49 as of Dec. 2025, which is 49% below its 10-year median of 30.52. GuruFocus rates TPE:9918 with a GF Score™ of 83/100 and a GF Value™ of NT$42.88 (Fairly Valued). The stock has 2 warning signs investors should review. Among 481 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks worse than 94.18% on this metric.
* 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 Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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 Shin Natural Gas Co Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shin Shin Natural Gas Co'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.
Shin Shin Natural Gas Co'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.
Shin Shin Natural Gas Co (TPE:9918) has a Days Payable of 15.49 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 Shin Natural Gas Co and its competitors. This is 49% below median its historical median of 30.52. Over the past decade, Shin Shin Natural Gas Co's Days Payable has ranged from 1.23 to 35.10. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #453 out of 481 companies in the Utilities - Regulated industry, placing it in the top 94.2%.
Is Shin Shin Natural Gas Co's Days Payable too high?
Shin Shin Natural Gas Co's current Days Payable of 15.49 is 49% below median its 10-year median of 30.52. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 35.10. The Utilities - Regulated industry median Days Payable is 70.35. Shin Shin Natural Gas Co's value of 15.49 is 78% below this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #453 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Shin Shin Natural Gas Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #453 out of 481 companies for Days Payable. This places Shin Shin Natural Gas Co in the lower half of its industry. The industry median Days Payable is 70.35. Shin Shin Natural Gas Co's value of 15.49 is 78% below this benchmark. Historically, Shin Shin Natural Gas Co's own Days Payable has ranged from 1.23 to 35.10 over the past decade. While the company's 10-year median is 30.52 vs. the industry median of 70.35, Shin Shin Natural Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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 Shin Natural Gas Co's current Days Payable of 15.49 is 78% 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 Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Days Payable is 15.49, which is 49% below median its own 10-year median of 30.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.88, compared to a current price of NT$43.10 — trading 0.5% above its estimated fair value. The current Days Payable is 15.49, which is 49% below median its 10-year median of 30.52 and 78% below the Utilities - Regulated industry median of 70.35. Shin Shin Natural Gas Co's overall GF Score™ is 83/100 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 Shin Natural Gas Co (TPE:9918), the current Days Payable is 15.49 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 Shin Natural Gas Co (TPE:9918) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued.
The current stock price of NT$43.10 is trading 0.5% above its estimated GF Value™ of NT$42.88.
GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.
Key valuation signals for TPE:9918:
Days Payable: 15.49 (49% below median its 10-year median of 30.52)
GF Value™: NT$42.88 vs. price of NT$43.10 (0.5% above fair value)
Industry Position: 78% below the Utilities - Regulated median (#453 of 481)
No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
83GF Score
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