Jiangxi Ning New New Materials Co (BJSE:920719) Days Payable: 305.27 (As of Mar. 2026) — 184% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BJSE:920719 Jiangxi Ning New New Materials Co Ltd BJSE:920719
53 GF Score
Price ¥7.98
GF Value ¥3.30
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Jiangxi Ning New New Materials Co Days Payable?

Jiangxi Ning New New Materials Co BJSE:920719 53 Days Payable is 305.27 as of Mar. 2026, which is 184% above its 10-year median of 107.42. GuruFocus rates BJSE:920719 with a GF Score™ of 53/100 and a GF Value™ of ¥3.30 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,558 Chemicals companies, Jiangxi Ning New New Materials Co ranks better than 97.56% on this metric.

Jiangxi Ning New New Materials Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥186.1 Mil. Jiangxi Ning New New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥55.6 Mil. Hence, Jiangxi Ning New New Materials Co's Days Payable for the three months ended in Mar. 2026 was 305.27.

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

BJSE:920719' s Days Payable Range Over the Past 10 Years
Min: 40.63   Med: 107.42   Max: 309.39
Current: 306.9

During the past 12 years, Jiangxi Ning New New Materials Co's highest Days Payable was 309.39. The lowest was 40.63. And the median was 107.42.

BJSE:920719's Days Payable is ranked better than
97.56% of 1558 companies
in the Chemicals industry
Industry Median: 59.885 vs BJSE:920719: 306.90

Jiangxi Ning New New Materials Co's Days Payable declined from Mar. 2025 (454.64) to Mar. 2026 (305.27). It may suggest that Jiangxi Ning New New Materials Co accelerated paying its suppliers.


Jiangxi Ning New New Materials Co Days Payable Related Terms


Jiangxi Ning New New Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangxi Ning New New 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.

Jiangxi Ning New New Materials Co Days Payable Chart

Jiangxi Ning New New 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 62.10 133.93 131.94 239.35 309.39

Jiangxi Ning New New Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 454.64 507.66 593.48 147.53 305.27

BJSE:920719 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Jiangxi Ning New New 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.


Jiangxi Ning New New Materials Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Ning New New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangxi Ning New New Materials Co's Days Payable falls into.


BJSE:920719
53GF Score
Jiangxi Ning New New Materials Co Ltd BJSE:920719
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangxi Ning New New 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.

Jiangxi Ning New New 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
=( (268.305 + 193.88) / 2 ) / 272.626*365
=231.0925 / 272.626*365
=309.39

Jiangxi Ning New New Materials Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (193.88 + 178.374) / 2 ) / 55.636*365 / 4
=186.127 / 55.636*365 / 4
=305.27

* 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 305.27 mean?
Jiangxi Ning New New Materials Co (BJSE:920719) has a Days Payable of 305.27 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jiangxi Ning New New Materials Co and its competitors. This is 184% above median its historical median of 107.42. Over the past decade, Jiangxi Ning New New Materials Co's Days Payable has ranged from 40.63 to 309.39. According to the industry distribution chart, Jiangxi Ning New New Materials Co ranks #38 out of 1558 companies in the Chemicals industry, placing it in the top 2.4%.
Is Jiangxi Ning New New Materials Co's Days Payable too high?
Jiangxi Ning New New Materials Co's current Days Payable of 305.27 is 184% above median its 10-year median of 107.42. Over the past 10 years, this metric has ranged from a low of 40.63 to a high of 309.39. The Chemicals industry median Days Payable is 59.89. Jiangxi Ning New New Materials Co's value of 305.27 is 409.8% above this industry median. Based on the distribution chart, Jiangxi Ning New New Materials Co ranks #38 out of 1558 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Ning New New Materials Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Ning New New Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangxi Ning New New Materials Co ranks #38 out of 1558 companies for Days Payable. This places Jiangxi Ning New New Materials Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.89. Jiangxi Ning New New Materials Co's value of 305.27 is 409.8% above this benchmark. Historically, Jiangxi Ning New New Materials Co's own Days Payable has ranged from 40.63 to 309.39 over the past decade. While the company's 10-year median is 107.42 vs. the industry median of 59.89, Jiangxi Ning New New 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 59.89, based on 1,558 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. Jiangxi Ning New New Materials Co's current Days Payable of 305.27 is 409.8% 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 Jiangxi Ning New New Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Ning New New Materials Co's current Days Payable is 305.27, which is 184% above median its own 10-year median of 107.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Ning New New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Ning New New Materials Co (BJSE:920719) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.30, compared to a current price of ¥7.98 — trading 141.8% above its estimated fair value. The current Days Payable is 305.27, which is 184% above median its 10-year median of 107.42 and 409.8% above the Chemicals industry median of 59.89. Jiangxi Ning New New Materials Co's overall GF Score™ is 53/100 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 Jiangxi Ning New New Materials Co (BJSE:920719), the current Days Payable is 305.27 as of Mar. 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 Jiangxi Ning New New Materials Co (BJSE:920719) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Ning New New Materials Co stock appears to be overvalued. The current stock price of ¥7.98 is trading 141.8% above its estimated GF Value™ of ¥3.30. GuruFocus considers Jiangxi Ning New New Materials Co to be Significantly Overvalued.

Key valuation signals for BJSE:920719:

  • Days Payable: 305.27 (184% above median its 10-year median of 107.42)
  • GF Value™: ¥3.30 vs. price of ¥7.98 (141.8% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 409.8% above the Chemicals median (#38 of 1558)

No single metric tells the full story. See the BJSE:920719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangxi Ning New New Materials Co Business Description

Address No. 966 Tiangong South Avenue, High-tech Industrial Park, Fengxin County, Jiangxi Province, Yichun City, CHN, 330700
Jiangxi Ning New New Materials Co Ltd engages in research, development, production, and sales of special graphite and its products. Its product offerings comprise Graphite Products, Molding, Isostatic Pressure, Electrodes, Diamond Material, Silicon Carbide, Carburant, and Medium Coarse Graphite. The company mainly operates high-purity graphite, and its products are widely used in industries such as metallurgy, machinery, petroleum, chemical industry, electronics, building materials, geology, and light industry.
53GF Score

Get the complete analysis for BJSE:920719

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

¥7.98
Price
¥3.30
GF Value