Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Ningbo Nengzhiguang New Materials Technology Co Days Payable?
Ningbo Nengzhiguang New Materials Technology CoBJSE:920056 39 Days Payable is 11.00 as of Jun. 2026, which is 33% below its 10-year median of 16.33. GuruFocus rates BJSE:920056 with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 1,568 Chemicals companies, Ningbo Nengzhiguang New Materials Technology Co ranks worse than 95.73% 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.
Ningbo Nengzhiguang New Materials Technology Co Days Payable Chart
Ningbo Nengzhiguang New Materials Technology Co Annual Data
* 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.
Ningbo Nengzhiguang New Materials Technology Co Days Payable vs Chemicals Industry
Ningbo Nengzhiguang New Materials Technology 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.
Ningbo Nengzhiguang New Materials Technology Co (BJSE:920056) has a Days Payable of 11.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ningbo Nengzhiguang New Materials Technology Co and its competitors. This is 33% below median its historical median of 16.33. Over the past decade, Ningbo Nengzhiguang New Materials Technology Co's Days Payable has ranged from 11.25 to 29.36. According to the industry distribution chart, Ningbo Nengzhiguang New Materials Technology Co ranks #1501 out of 1568 companies in the Chemicals industry, placing it in the top 95.7%.
Is Ningbo Nengzhiguang New Materials Technology Co's Days Payable too high?
Ningbo Nengzhiguang New Materials Technology Co's current Days Payable of 11.00 is 33% below median its 10-year median of 16.33. Over the past 10 years, this metric has ranged from a low of 11.25 to a high of 29.36. The Chemicals industry median Days Payable is 59.26. Ningbo Nengzhiguang New Materials Technology Co's value of 11.00 is 81.4% below this industry median. Based on the distribution chart, Ningbo Nengzhiguang New Materials Technology Co ranks #1501 out of 1568 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningbo Nengzhiguang New Materials Technology Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Nengzhiguang New Materials Technology Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Ningbo Nengzhiguang New Materials Technology Co ranks #1501 out of 1568 companies for Days Payable. This places Ningbo Nengzhiguang New Materials Technology Co in the lower half of its industry. The industry median Days Payable is 59.26. Ningbo Nengzhiguang New Materials Technology Co's value of 11.00 is 81.4% below this benchmark. Historically, Ningbo Nengzhiguang New Materials Technology Co's own Days Payable has ranged from 11.25 to 29.36 over the past decade. While the company's 10-year median is 16.33 vs. the industry median of 59.26, Ningbo Nengzhiguang New Materials Technology 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 59.26, based on 1,568 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. Ningbo Nengzhiguang New Materials Technology Co's current Days Payable of 11.00 is 81.4% 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 Ningbo Nengzhiguang New Materials Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Nengzhiguang New Materials Technology Co's current Days Payable is 11.00, which is 33% below median its own 10-year median of 16.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Nengzhiguang New Materials Technology Co stock overvalued right now?
Ningbo Nengzhiguang New Materials Technology Co (BJSE:920056) has a current Days Payable of 11.00. The current Days Payable is 11.00, which is 33% below median its 10-year median of 16.33 and 81.4% below the Chemicals industry median of 59.26. Ningbo Nengzhiguang New Materials Technology Co's overall GF Score™ is 39/100 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 Ningbo Nengzhiguang New Materials Technology Co (BJSE:920056), the current Days Payable is 11.00 as of Jun. 2026. 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.
Ningbo Nengzhiguang New Materials Technology Co Ltd is engaged in Research and development, production and sales of polymer additives and functional polymer materials.
39GF Score
Get the complete analysis for BJSE:920056
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920056 has been successfully added to your 
