Suzhou Hechang Poiymer Materials Co (BJSE:920089) Days Payable: 89.90 (As of Jun. 2026) — 20% Below Median

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BJSE:920089 Suzhou Hechang Poiymer Materials Co Ltd BJSE:920089
80 GF Score
Price ¥10.44
GF Value ¥15.13
Valuation Possible Value Trap
! 3 Warning Signs
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What is Suzhou Hechang Poiymer Materials Co Days Payable?

Suzhou Hechang Poiymer Materials Co BJSE:920089 80 Days Payable is 89.90 as of Jun. 2026, which is 20% below its 10-year median of 111.97. GuruFocus rates BJSE:920089 with a GF Score™ of 80/100 and a GF Value™ of ¥15.13 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,562 Chemicals companies, Suzhou Hechang Poiymer Materials Co ranks better than 79.71% on this metric.

Suzhou Hechang Poiymer Materials Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥418 Mil. Suzhou Hechang Poiymer Materials Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥425 Mil. Hence, Suzhou Hechang Poiymer Materials Co's Days Payable for the three months ended in Jun. 2026 was 89.90.

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

BJSE:920089' s Days Payable Range Over the Past 10 Years
Min: 87.98   Med: 111.97   Max: 135.44
Current: 109.62

During the past 13 years, Suzhou Hechang Poiymer Materials Co's highest Days Payable was 135.44. The lowest was 87.98. And the median was 111.97.

BJSE:920089's Days Payable is ranked better than
79.71% of 1562 companies
in the Chemicals industry
Industry Median: 59.26 vs BJSE:920089: 109.62

Suzhou Hechang Poiymer Materials Co's Days Payable declined from Jun. 2025 (137.54) to Jun. 2026 (89.90). It may suggest that Suzhou Hechang Poiymer Materials Co accelerated paying its suppliers.


Suzhou Hechang Poiymer Materials Co Days Payable Related Terms


Suzhou Hechang Poiymer Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Suzhou Hechang Poiymer Materials 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.

Suzhou Hechang Poiymer Materials Co Days Payable Chart

Suzhou Hechang Poiymer Materials 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 96.03 95.12 124.65 135.44 122.95

Suzhou Hechang Poiymer Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 137.54 120.05 105.17 133.29 89.90

BJSE:920089 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Suzhou Hechang Poiymer Materials 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.


Suzhou Hechang Poiymer Materials Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Hechang Poiymer Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Hechang Poiymer Materials Co's Days Payable falls into.


BJSE:920089
80GF Score
Suzhou Hechang Poiymer Materials Co Ltd BJSE:920089
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Hechang Poiymer Materials 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.

Suzhou Hechang Poiymer Materials 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
=( (542.494 + 538.622) / 2 ) / 1604.726*365
=540.558 / 1604.726*365
=122.95

Suzhou Hechang Poiymer Materials Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (436.083 + 400.885) / 2 ) / 424.758*365 / 4
=418.484 / 424.758*365 / 4
=89.90

* 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 89.90 mean?
Suzhou Hechang Poiymer Materials Co (BJSE:920089) has a Days Payable of 89.90 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 Suzhou Hechang Poiymer Materials Co and its competitors. This is 20% below median its historical median of 111.97. Over the past decade, Suzhou Hechang Poiymer Materials Co's Days Payable has ranged from 87.98 to 135.44. According to the industry distribution chart, Suzhou Hechang Poiymer Materials Co ranks #317 out of 1562 companies in the Chemicals industry, placing it in the top 20.3%.
Is Suzhou Hechang Poiymer Materials Co's Days Payable too high?
Suzhou Hechang Poiymer Materials Co's current Days Payable of 89.90 is 20% below median its 10-year median of 111.97. Over the past 10 years, this metric has ranged from a low of 87.98 to a high of 135.44. The Chemicals industry median Days Payable is 59.26. Suzhou Hechang Poiymer Materials Co's value of 89.90 is 51.7% above this industry median. Based on the distribution chart, Suzhou Hechang Poiymer Materials Co ranks #317 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Hechang Poiymer Materials Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Suzhou Hechang Poiymer Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Suzhou Hechang Poiymer Materials Co ranks #317 out of 1562 companies for Days Payable. This places Suzhou Hechang Poiymer Materials Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.26. Suzhou Hechang Poiymer Materials Co's value of 89.90 is 51.7% above this benchmark. Historically, Suzhou Hechang Poiymer Materials Co's own Days Payable has ranged from 87.98 to 135.44 over the past decade. While the company's 10-year median is 111.97 vs. the industry median of 59.26, Suzhou Hechang Poiymer Materials 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.26, based on 1,562 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. Suzhou Hechang Poiymer Materials Co's current Days Payable of 89.90 is 51.7% 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 Suzhou Hechang Poiymer Materials 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. Suzhou Hechang Poiymer Materials Co's current Days Payable is 89.90, which is 20% below median its own 10-year median of 111.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Hechang Poiymer Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Hechang Poiymer Materials Co (BJSE:920089) is currently considered Possible Value Trap. The stock's GF Value™ is ¥15.13, compared to a current price of ¥10.44 — trading 31% below its estimated fair value. The current Days Payable is 89.90, which is 20% below median its 10-year median of 111.97 and 51.7% above the Chemicals industry median of 59.26. Suzhou Hechang Poiymer Materials Co's overall GF Score™ is 80/100 with 3 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 Suzhou Hechang Poiymer Materials Co (BJSE:920089), the current Days Payable is 89.90 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.

Is Suzhou Hechang Poiymer Materials Co (BJSE:920089) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Hechang Poiymer Materials Co stock appears to be undervalued. The current stock price of ¥10.44 is trading 31% below its estimated GF Value™ of ¥15.13. GuruFocus considers Suzhou Hechang Poiymer Materials Co to be Possible Value Trap.

Key valuation signals for BJSE:920089:

  • Days Payable: 89.90 (20% below median its 10-year median of 111.97)
  • GF Value™: ¥15.13 vs. price of ¥10.44 (31% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 51.7% above the Chemicals median (#317 of 1562)

No single metric tells the full story. See the BJSE:920089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Hechang Poiymer Materials Co Business Description

Address No. 9 Minsheng Road, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Suzhou Hechang Poiymer Materials Co Ltd is engaged in the research and development, production, sales, and service of modified plastics. It caters to the automobile industry as well as the home electrical application industry. The company's products include modified PP, modified PA, modified ABS, and others.
80GF Score

Get the complete analysis for BJSE:920089

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

¥10.44
Price
¥15.13
GF Value