Shandong Qilu Huaxin Industry Co (BJSE:920832) Days Payable: 147.95 (As of Jun. 2026) — 48% Above Median

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BJSE:920832 Shandong Qilu Huaxin Industry Co Ltd BJSE:920832
68 GF Score
Price ¥6.59
GF Value ¥4.83
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Shandong Qilu Huaxin Industry Co Days Payable?

Shandong Qilu Huaxin Industry Co BJSE:920832 68 Days Payable is 147.95 as of Jun. 2026, which is 48% above its 10-year median of 99.85. GuruFocus rates BJSE:920832 with a GF Score™ of 68/100 and a GF Value™ of ¥4.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,562 Chemicals companies, Shandong Qilu Huaxin Industry Co ranks better than 80.35% on this metric.

Shandong Qilu Huaxin Industry Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥82.8 Mil. Shandong Qilu Huaxin Industry Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥51.1 Mil. Hence, Shandong Qilu Huaxin Industry Co's Days Payable for the three months ended in Jun. 2026 was 147.95.

The historical rank and industry rank for Shandong Qilu Huaxin Industry Co's Days Payable or its related term are showing as below:

BJSE:920832' s Days Payable Range Over the Past 10 Years
Min: 83.59   Med: 99.85   Max: 242.94
Current: 110.61

During the past 13 years, Shandong Qilu Huaxin Industry Co's highest Days Payable was 242.94. The lowest was 83.59. And the median was 99.85.

BJSE:920832's Days Payable is ranked better than
80.35% of 1562 companies
in the Chemicals industry
Industry Median: 59.26 vs BJSE:920832: 110.61

Shandong Qilu Huaxin Industry Co's Days Payable increased from Jun. 2025 (122.11) to Jun. 2026 (147.95). It may suggest that Shandong Qilu Huaxin Industry Co delayed paying its suppliers.


Shandong Qilu Huaxin Industry Co Days Payable Related Terms


Shandong Qilu Huaxin Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Qilu Huaxin Industry 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.

Shandong Qilu Huaxin Industry Co Days Payable Chart

Shandong Qilu Huaxin Industry 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 94.73 100.00 146.34 101.85 96.23

Shandong Qilu Huaxin Industry 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 122.11 94.83 86.14 141.35 147.95

BJSE:920832 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Shandong Qilu Huaxin Industry 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.


Shandong Qilu Huaxin Industry Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Qilu Huaxin Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Qilu Huaxin Industry Co's Days Payable falls into.


BJSE:920832
68GF Score
Shandong Qilu Huaxin Industry Co Ltd BJSE:920832
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Qilu Huaxin Industry 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.

Shandong Qilu Huaxin Industry 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
=( (92.445 + 86.592) / 2 ) / 339.539*365
=89.5185 / 339.539*365
=96.23

Shandong Qilu Huaxin Industry 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
=( (88.676 + 76.92) / 2 ) / 51.066*365 / 4
=82.798 / 51.066*365 / 4
=147.95

* 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 147.95 mean?
Shandong Qilu Huaxin Industry Co (BJSE:920832) has a Days Payable of 147.95 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 Shandong Qilu Huaxin Industry Co and its competitors. This is 48% above median its historical median of 99.85. Over the past decade, Shandong Qilu Huaxin Industry Co's Days Payable has ranged from 83.59 to 242.94. According to the industry distribution chart, Shandong Qilu Huaxin Industry Co ranks #307 out of 1562 companies in the Chemicals industry, placing it in the top 19.7%.
Is Shandong Qilu Huaxin Industry Co's Days Payable too high?
Shandong Qilu Huaxin Industry Co's current Days Payable of 147.95 is 48% above median its 10-year median of 99.85. Over the past 10 years, this metric has ranged from a low of 83.59 to a high of 242.94. The Chemicals industry median Days Payable is 59.26. Shandong Qilu Huaxin Industry Co's value of 147.95 is 149.7% above this industry median. Based on the distribution chart, Shandong Qilu Huaxin Industry Co ranks #307 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Qilu Huaxin Industry Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Qilu Huaxin Industry Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shandong Qilu Huaxin Industry Co ranks #307 out of 1562 companies for Days Payable. This places Shandong Qilu Huaxin Industry Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.26. Shandong Qilu Huaxin Industry Co's value of 147.95 is 149.7% above this benchmark. Historically, Shandong Qilu Huaxin Industry Co's own Days Payable has ranged from 83.59 to 242.94 over the past decade. While the company's 10-year median is 99.85 vs. the industry median of 59.26, Shandong Qilu Huaxin Industry 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. Shandong Qilu Huaxin Industry Co's current Days Payable of 147.95 is 149.7% 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 Shandong Qilu Huaxin Industry 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. Shandong Qilu Huaxin Industry Co's current Days Payable is 147.95, which is 48% above median its own 10-year median of 99.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Qilu Huaxin Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Qilu Huaxin Industry Co (BJSE:920832) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.83, compared to a current price of ¥6.59 — trading 36.4% above its estimated fair value. The current Days Payable is 147.95, which is 48% above median its 10-year median of 99.85 and 149.7% above the Chemicals industry median of 59.26. Shandong Qilu Huaxin Industry Co's overall GF Score™ is 68/100 with 4 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 Shandong Qilu Huaxin Industry Co (BJSE:920832), the current Days Payable is 147.95 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 Shandong Qilu Huaxin Industry Co (BJSE:920832) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Qilu Huaxin Industry Co stock appears to be overvalued. The current stock price of ¥6.59 is trading 36.4% above its estimated GF Value™ of ¥4.83. GuruFocus considers Shandong Qilu Huaxin Industry Co to be Significantly Overvalued.

Key valuation signals for BJSE:920832:

  • Days Payable: 147.95 (48% above median its 10-year median of 99.85)
  • GF Value™: ¥4.83 vs. price of ¥6.59 (36.4% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 149.7% above the Chemicals median (#307 of 1562)

No single metric tells the full story. See the BJSE:920832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Qilu Huaxin Industry Co Business Description

Address No. 1 Stadium Road, Zhoucun District, Shandong Province, Zibo City, CHN, 255336
Shandong Qilu Huaxin Industry Co Ltd manufacture of new petrochemical catalysis materials, environmental protection catalysis new materials, and coal chemical catalysis new materials. The company's main products are catalyst molecular sieves used in petrochemical catalysis, environmental protection catalysis, and coal chemical catalysis, mainly including ZSM-5 series molecular sieves, Y-type molecular sieves, BETA series molecular sieves, new materials for automobile exhaust treatment.
68GF Score

Get the complete analysis for BJSE:920832

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

¥6.59
Price
¥4.83
GF Value