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Ningbo Shanshan CoFRA:OJ8 79 Days Payable is 92.76 as of Mar. 2026, which is 21% below its 10-year median of 117.54. GuruFocus rates FRA:OJ8 with a GF Score™ of 79/100 and a GF Value™ of €17.45. The stock has 9 warning signs investors should review. Among 1,554 Chemicals companies, Ningbo Shanshan Co ranks better than 70.14% on this metric.
The historical rank and industry rank for Ningbo Shanshan Co's Days Payable or its related term are showing as below:
FRA:OJ8'
s Days Payable Range Over the Past 10 Years
Min: 74.87 Med: 117.54 Max: 156.27
Current: 86.24
During the past 13 years, Ningbo Shanshan Co's highest Days Payable was 156.27. The lowest was 74.87. And the median was 117.54.
FRA:OJ8's Days Payable is ranked better than 70.14% of 1554
companies
in the Chemicals industry
Industry Median: 59.875
vs FRA:OJ8: 86.24
Ningbo Shanshan Co's Days Payable
declined
from Mar. 2025 (100.47) to Mar. 2026 (92.76).
It may suggest that Ningbo Shanshan Coaccelerated paying its suppliers.
Ningbo Shanshan Co Days Payable Related Terms
Ningbo Shanshan Co Days Payable Historical Data
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The historical data trend for Ningbo Shanshan 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.
For the Specialty Chemicals subindustry, Ningbo Shanshan 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.
Ningbo Shanshan Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningbo Shanshan Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Shanshan 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.
Ningbo Shanshan 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.
Ningbo Shanshan Co (FRA:OJ8) has a Days Payable of 92.76 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 Ningbo Shanshan Co and its competitors. This is 21% below median its historical median of 117.54. Over the past decade, Ningbo Shanshan Co's Days Payable has ranged from 74.87 to 156.27. According to the industry distribution chart, Ningbo Shanshan Co ranks #464 out of 1554 companies in the Chemicals industry, placing it in the top 29.9%.
Is Ningbo Shanshan Co's Days Payable too high?
Ningbo Shanshan Co's current Days Payable of 92.76 is 21% below median its 10-year median of 117.54. Over the past 10 years, this metric has ranged from a low of 74.87 to a high of 156.27. The Chemicals industry median Days Payable is 59.88. Ningbo Shanshan Co's value of 92.76 is 54.9% above this industry median. Based on the distribution chart, Ningbo Shanshan Co ranks #464 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ningbo Shanshan Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shanshan Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Shanshan Co ranks #464 out of 1554 companies for Days Payable. This puts Ningbo Shanshan Co in the upper half of its industry. The industry median Days Payable is 59.88. Ningbo Shanshan Co's value of 92.76 is 54.9% above this benchmark. Historically, Ningbo Shanshan Co's own Days Payable has ranged from 74.87 to 156.27 over the past decade. While the company's 10-year median is 117.54 vs. the industry median of 59.88, Ningbo Shanshan 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 59.88, based on 1,554 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 Shanshan Co's current Days Payable of 92.76 is 54.9% 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 Ningbo Shanshan Co and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shanshan Co's current Days Payable is 92.76, which is 21% below median its own 10-year median of 117.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shanshan Co stock overvalued right now?
Ningbo Shanshan Co (FRA:OJ8) has a current Days Payable of 92.76. The stock's GF Value™ is €17.45, compared to a current price of €15.00 — trading 14% below its estimated fair value. The current Days Payable is 92.76, which is 21% below median its 10-year median of 117.54 and 54.9% above the Chemicals industry median of 59.88. Ningbo Shanshan Co's overall GF Score™ is 79/100 with 9 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 Shanshan Co (FRA:OJ8), the current Days Payable is 92.76 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 Ningbo Shanshan Co (FRA:OJ8) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Shanshan Co stock appears to be undervalued.
The current stock price of €15.00 is trading 14% below its estimated GF Value™ of €17.45.
Key valuation signals for FRA:OJ8:
Days Payable: 92.76 (21% below median its 10-year median of 117.54)
GF Value™: €17.45 vs. price of €15.00 (14% below fair value)
Industry Position: 54.9% above the Chemicals median (#464 of 1554)
No single metric tells the full story. See the FRA:OJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Shanshan Co Ltd is engaged in Research & Development, production and sales of lithium battery materials, LCD polarizer business, clothing brand operation, quasi-financial and venture capital business.
79GF Score
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