Dongguang Chemical (HKSE:01702) Days Payable: 12.59 (As of Dec. 2025) — 47% Above Median

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HKSE:01702 Dongguang Chemical Ltd HKSE:01702
79 GF Score
Price HK$1.44
GF Value HK$1.58
Valuation Fairly Valued
! 4 Warning Signs
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What is Dongguang Chemical Days Payable?

Dongguang Chemical HKSE:01702 79 Days Payable is 12.59 as of Dec. 2025, which is 47% above its 10-year median of 8.57. GuruFocus rates HKSE:01702 with a GF Score™ of 79/100 and a GF Value™ of HK$1.58 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Dongguang Chemical ranks worse than 96.4% on this metric.

Dongguang Chemical's average Accounts Payable for the six months ended in Dec. 2025 was HK$84 Mil. Dongguang Chemical's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,221 Mil. Hence, Dongguang Chemical's Days Payable for the six months ended in Dec. 2025 was 12.59.

The historical rank and industry rank for Dongguang Chemical's Days Payable or its related term are showing as below:

HKSE:01702' s Days Payable Range Over the Past 10 Years
Min: 5.77   Med: 8.57   Max: 14.37
Current: 10.31

During the past 12 years, Dongguang Chemical's highest Days Payable was 14.37. The lowest was 5.77. And the median was 8.57.

HKSE:01702's Days Payable is ranked worse than
96.4% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs HKSE:01702: 10.31

Dongguang Chemical's Days Payable increased from Dec. 2024 (6.28) to Dec. 2025 (12.59). It may suggest that Dongguang Chemical delayed paying its suppliers.


Dongguang Chemical Days Payable Historical Data

* Premium members only.

The historical data trend for Dongguang Chemical'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.

Dongguang Chemical Days Payable Chart

Dongguang Chemical 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 8.69 7.15 8.45 7.83 10.77

Dongguang Chemical Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.07 9.16 6.28 7.42 12.59

HKSE:01702 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Dongguang Chemical'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.


Dongguang Chemical Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dongguang Chemical's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongguang Chemical's Days Payable falls into.


HKSE:01702
79GF Score
Dongguang Chemical Ltd HKSE:01702
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dongguang Chemical 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.

Dongguang Chemical'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
=( (34.953 + 107.442) / 2 ) / 2412.599*365
=71.1975 / 2412.599*365
=10.77

Dongguang Chemical's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (60.993 + 107.442) / 2 ) / 1220.652*365 / 2
=84.2175 / 1220.652*365 / 2
=12.59

* 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 12.59 mean?
Dongguang Chemical (HKSE:01702) has a Days Payable of 12.59 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dongguang Chemical and its competitors. This is 47% above median its historical median of 8.57. Over the past decade, Dongguang Chemical's Days Payable has ranged from 5.77 to 14.37. According to the industry distribution chart, Dongguang Chemical ranks #1498 out of 1554 companies in the Chemicals industry, placing it in the top 96.4%.
Is Dongguang Chemical's Days Payable too high?
Dongguang Chemical's current Days Payable of 12.59 is 47% above median its 10-year median of 8.57. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 14.37. The Chemicals industry median Days Payable is 59.57. Dongguang Chemical's value of 12.59 is 78.9% below this industry median. Based on the distribution chart, Dongguang Chemical ranks #1498 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Dongguang Chemical has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dongguang Chemical's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Dongguang Chemical ranks #1498 out of 1554 companies for Days Payable. This places Dongguang Chemical in the lower half of its industry. The industry median Days Payable is 59.57. Dongguang Chemical's value of 12.59 is 78.9% below this benchmark. Historically, Dongguang Chemical's own Days Payable has ranged from 5.77 to 14.37 over the past decade. While the company's 10-year median is 8.57 vs. the industry median of 59.57, Dongguang Chemical 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 59.57, 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. Dongguang Chemical's current Days Payable of 12.59 is 78.9% 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 Dongguang Chemical and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dongguang Chemical's current Days Payable is 12.59, which is 47% above median its own 10-year median of 8.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongguang Chemical stock overvalued right now?
Based on GuruFocus' analysis, Dongguang Chemical (HKSE:01702) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.58, compared to a current price of HK$1.44 — trading 8.9% below its estimated fair value. The current Days Payable is 12.59, which is 47% above median its 10-year median of 8.57 and 78.9% below the Chemicals industry median of 59.57. Dongguang Chemical's overall GF Score™ is 79/100 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 Dongguang Chemical (HKSE:01702), the current Days Payable is 12.59 as of Dec. 2025. 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 Dongguang Chemical (HKSE:01702) Overvalued in 2026?

Based on GuruFocus' analysis, Dongguang Chemical stock appears to be undervalued. The current stock price of HK$1.44 is trading 8.9% below its estimated GF Value™ of HK$1.58. GuruFocus considers Dongguang Chemical to be Fairly Valued.

Key valuation signals for HKSE:01702:

  • Days Payable: 12.59 (47% above median its 10-year median of 8.57)
  • GF Value™: HK$1.58 vs. price of HK$1.44 (8.9% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 78.9% below the Chemicals median (#1498 of 1554)

No single metric tells the full story. See the HKSE:01702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dongguang Chemical Business Description

Address Chengdong Industrial Zone, Dongguang County, Hebei Province, Dongguang, CHN
Dongguang Chemical Ltd is a coal-based urea producer. It produces and sells urea. Urea is the Group's main product, and the application of urea can be broadly categorised into agricultural and industrial uses. It is widely used as a source of nitrogen in fertilisers, and it has wide industrial applications, such as the production of adhesives, coatings, plastics, and cosmetics. The Group also produces and sells by-products of urea, including vehicle urea solution, methanol, liquid carbon dioxide, liquefied natural gas, liquid ammonia, and compound fertiliser. The Group has two active production plants with production technologies located in Dongguang County of Cangzhou City, Hebei Province.
79GF Score

Get the complete analysis for HKSE:01702

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

HK$1.44
Price
HK$1.58
GF Value