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* 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.
Global New Material International Holdings Days Payable Chart
Global New Material International Holdings Annual Data
HKSE:06616 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Global New Material International Holdings'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.
Global New Material International Holdings Days Payable vs Chemicals Industry
Global New Material International Holdings 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.
* 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.
Global New Material International Holdings (HKSE:06616) has a Days Payable of 32.94 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 Global New Material International Holdings and its competitors. This is near median its historical median of 32.01. Over the past decade, Global New Material International Holdings' Days Payable has ranged from 19.52 to 50.80. According to the industry distribution chart, Global New Material International Holdings ranks #1096 out of 1569 companies in the Chemicals industry, placing it in the top 69.9%.
Is Global New Material International Holdings' Days Payable too high?
Global New Material International Holdings' current Days Payable of 32.94 is near median its 10-year median of 32.01. Over the past 10 years, this metric has ranged from a low of 19.52 to a high of 50.80. The Chemicals industry median Days Payable is 59.27. Global New Material International Holdings' value of 32.94 is 44.4% below this industry median. Based on the distribution chart, Global New Material International Holdings ranks #1096 out of 1569 companies in the Chemicals industry, which is below the industry midpoint. Overall, Global New Material International Holdings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global New Material International Holdings' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Global New Material International Holdings ranks #1096 out of 1569 companies for Days Payable. This places Global New Material International Holdings in the lower half of its industry. The industry median Days Payable is 59.27. Global New Material International Holdings' value of 32.94 is 44.4% below this benchmark. Historically, Global New Material International Holdings' own Days Payable has ranged from 19.52 to 50.80 over the past decade. While the company's 10-year median is 32.01 vs. the industry median of 59.27, Global New Material International Holdings 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 59.27, based on 1,569 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. Global New Material International Holdings's current Days Payable of 32.94 is 44.4% 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 Global New Material International Holdings and its competitors. For the Chemicals industry, the median Days Payable is 59.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global New Material International Holdings's current Days Payable is 32.94, which is near median its own 10-year median of 32.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global New Material International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Global New Material International Holdings (HKSE:06616) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$10.64, compared to a current price of HK$9.40 — trading 11.7% below its estimated fair value. The current Days Payable is 32.94, which is near median its 10-year median of 32.01 and 44.4% below the Chemicals industry median of 59.27. Global New Material International Holdings' overall GF Score™ is 84/100 with 13 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 Global New Material International Holdings (HKSE:06616), the current Days Payable is 32.94 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 Global New Material International Holdings (HKSE:06616) Overvalued in 2026?
Based on GuruFocus' analysis, Global New Material International Holdings stock appears to be undervalued.
The current stock price of HK$9.40 is trading 11.7% below its estimated GF Value™ of HK$10.64.
GuruFocus considers Global New Material International Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:06616:
Days Payable: 32.94 (near median its 10-year median of 32.01)
GF Value™: HK$10.64 vs. price of HK$9.40 (11.7% below fair value)
Industry Position: 44.4% below the Chemicals median (#1096 of 1569)
No single metric tells the full story. See the HKSE:06616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global New Material International Holdings Ltd is engaged in the business of production and sales of pearlescent pigment products and functional mica and related products in the PRC and the Republic of Korea. Its segments are PRC Business Operation, Korea Business Operation and Germany Business Operation. The company generates the majority of its revenue from the sale of pearlescent pigment products. It generates the majority of its revenue from PRC Business Operation from the sale of pearlescent pigment products. The PRC Business Operation is into the manufacturing and sales of pearlescent pigment and functional mica filler in the PRC. Korea Business Operation is engaged in the manufacture and sale of pearlescent pigment in the Republic of Korea.
84GF Score
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