Anhui Jinyan Kaolin New Materials Co (HKSE:02693) Days Payable: 71.91 (As of Dec. 2025) — 18% Below Median

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HKSE:02693 Anhui Jinyan Kaolin New Materials Co Ltd HKSE:02693
18 GF Score
Price HK$2.88
! 2 Warning Signs
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What is Anhui Jinyan Kaolin New Materials Co Days Payable?

Anhui Jinyan Kaolin New Materials Co HKSE:02693 -1.71% 18 Days Payable is 71.91 as of Dec. 2025, which is 18% below its 10-year median of 87.43. GuruFocus rates HKSE:02693 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,063 Metals & Mining companies, Anhui Jinyan Kaolin New Materials Co ranks worse than 60.02% on this metric.

Anhui Jinyan Kaolin New Materials Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$42.4 Mil. Anhui Jinyan Kaolin New Materials Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$107.7 Mil. Hence, Anhui Jinyan Kaolin New Materials Co's Days Payable for the six months ended in Dec. 2025 was 71.91.

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

HKSE:02693' s Days Payable Range Over the Past 10 Years
Min: 50.21   Med: 87.43   Max: 102.09
Current: 80.76

During the past 4 years, Anhui Jinyan Kaolin New Materials Co's highest Days Payable was 102.09. The lowest was 50.21. And the median was 87.43.

HKSE:02693's Days Payable is ranked worse than
60.02% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs HKSE:02693: 80.76

Anhui Jinyan Kaolin New Materials Co's Days Payable declined from Dec. 2024 (81.34) to Dec. 2025 (71.91). It may suggest that Anhui Jinyan Kaolin New Materials Co accelerated paying its suppliers.


Anhui Jinyan Kaolin New Materials Co Days Payable Related Terms


Anhui Jinyan Kaolin New Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Anhui Jinyan Kaolin 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.

Anhui Jinyan Kaolin New Materials Co Days Payable Chart

Anhui Jinyan Kaolin New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
50.21 93.47 102.09 81.39

Anhui Jinyan Kaolin New Materials Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 129.61 81.34 90.18 71.91

Anhui Jinyan Kaolin New Materials Co Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Anhui Jinyan Kaolin 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.


Anhui Jinyan Kaolin New Materials Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anhui Jinyan Kaolin New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Jinyan Kaolin New Materials Co's Days Payable falls into.


HKSE:02693
18GF Score
Anhui Jinyan Kaolin New Materials Co Ltd HKSE:02693
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Jinyan Kaolin 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.

Anhui Jinyan Kaolin 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
=( (46.588 + 42.173) / 2 ) / 199.029*365
=44.3805 / 199.029*365
=81.39

Anhui Jinyan Kaolin New Materials Co'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
=( (42.71 + 42.173) / 2 ) / 107.706*365 / 2
=42.4415 / 107.706*365 / 2
=71.91

* 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 71.91 mean?
Anhui Jinyan Kaolin New Materials Co (HKSE:02693) has a Days Payable of 71.91 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 Anhui Jinyan Kaolin New Materials Co and its competitors. This is 18% below median its historical median of 87.43. Over the past decade, Anhui Jinyan Kaolin New Materials Co's Days Payable has ranged from 50.21 to 102.09. According to the industry distribution chart, Anhui Jinyan Kaolin New Materials Co ranks #638 out of 1063 companies in the Metals & Mining industry, placing it in the top 60%.
Is Anhui Jinyan Kaolin New Materials Co's Days Payable too high?
Anhui Jinyan Kaolin New Materials Co's current Days Payable of 71.91 is 18% below median its 10-year median of 87.43. Over the past 10 years, this metric has ranged from a low of 50.21 to a high of 102.09. The Metals & Mining industry median Days Payable is 125.60. Anhui Jinyan Kaolin New Materials Co's value of 71.91 is 42.7% below this industry median. Based on the distribution chart, Anhui Jinyan Kaolin New Materials Co ranks #638 out of 1063 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Anhui Jinyan Kaolin New Materials Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Anhui Jinyan Kaolin New Materials Co's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Anhui Jinyan Kaolin New Materials Co ranks #638 out of 1063 companies for Days Payable. This places Anhui Jinyan Kaolin New Materials Co in the lower half of its industry. The industry median Days Payable is 125.60. Anhui Jinyan Kaolin New Materials Co's value of 71.91 is 42.7% below this benchmark. Historically, Anhui Jinyan Kaolin New Materials Co's own Days Payable has ranged from 50.21 to 102.09 over the past decade. While the company's 10-year median is 87.43 vs. the industry median of 125.60, Anhui Jinyan Kaolin New Materials Co 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.60, based on 1,063 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. Anhui Jinyan Kaolin New Materials Co's current Days Payable of 71.91 is 42.7% 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 Anhui Jinyan Kaolin New Materials Co and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Jinyan Kaolin New Materials Co's current Days Payable is 71.91, which is 18% below median its own 10-year median of 87.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Jinyan Kaolin New Materials Co stock overvalued right now?
Anhui Jinyan Kaolin New Materials Co (HKSE:02693) has a current Days Payable of 71.91. The current Days Payable is 71.91, which is 18% below median its 10-year median of 87.43 and 42.7% below the Metals & Mining industry median of 125.60. Anhui Jinyan Kaolin New Materials Co's overall GF Score™ is 18/100 with 2 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 Anhui Jinyan Kaolin New Materials Co (HKSE:02693), the current Days Payable is 71.91 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.

Anhui Jinyan Kaolin New Materials Co Business Description

Address 50 meters north of Shuobei Road, Shuoli Town, Duji District, Anhui Province, Huaibei, CHN
Anhui Jinyan Kaolin New Materials Co Ltd specializes in coal-series kaolin in China, with integrated capabilities spanning the value chain from mining, R&D, processing to production and sales. Its products mainly include precision casting mullite products and refractory mullite products. The company also sells raw coke and raw powder to customers for further processing. The company has one reportable operating segment which is the mining and processing to production and sales of refined products. The company generates the majority of revenue from the sales of precision casting mullite products and refractory mullite products.
18GF Score

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HK$2.88
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