Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Days Payable: 86.18 (As of Mar. 2026) — 17% Below Median


SHSE:600078 Jiangsu Chengxing Phosph-chemicals Co Ltd SHSE:600078
46 GF Score
Price ¥10.88
GF Value ¥6.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Jiangsu Chengxing Phosph-chemicals Co Days Payable?

Jiangsu Chengxing Phosph-chemicals Co SHSE:600078 -7.72% 46 Days Payable is 86.18 as of Mar. 2026, which is 17% below its 10-year median of 104.31. GuruFocus rates SHSE:600078 with a GF Score™ of 46/100 and a GF Value™ of ¥6.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,551 Chemicals companies, Jiangsu Chengxing Phosph-chemicals Co ranks better than 71.89% on this metric.

Jiangsu Chengxing Phosph-chemicals Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥803 Mil. Jiangsu Chengxing Phosph-chemicals Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥851 Mil. Hence, Jiangsu Chengxing Phosph-chemicals Co's Days Payable for the three months ended in Mar. 2026 was 86.18.

The historical rank and industry rank for Jiangsu Chengxing Phosph-chemicals Co's Days Payable or its related term are showing as below:

SHSE:600078' s Days Payable Range Over the Past 10 Years
Min: 51.47   Med: 104.31   Max: 148.73
Current: 90.43

During the past 13 years, Jiangsu Chengxing Phosph-chemicals Co's highest Days Payable was 148.73. The lowest was 51.47. And the median was 104.31.

SHSE:600078's Days Payable is ranked better than
71.89% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs SHSE:600078: 90.43

Jiangsu Chengxing Phosph-chemicals Co's Days Payable increased from Mar. 2025 (70.40) to Mar. 2026 (86.18). It may suggest that Jiangsu Chengxing Phosph-chemicals Co delayed paying its suppliers.


Jiangsu Chengxing Phosph-chemicals Co Days Payable Related Terms


Jiangsu Chengxing Phosph-chemicals Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Chengxing Phosph-chemicals 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.

Jiangsu Chengxing Phosph-chemicals Co Days Payable Chart

Jiangsu Chengxing Phosph-chemicals 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 98.43 51.47 57.11 69.08 86.88

Jiangsu Chengxing Phosph-chemicals Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 70.40 96.43 95.74 87.37 86.18

SHSE:600078 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Jiangsu Chengxing Phosph-chemicals 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.


Jiangsu Chengxing Phosph-chemicals Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Chengxing Phosph-chemicals Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Chengxing Phosph-chemicals Co's Days Payable falls into.


SHSE:600078
46GF Score
Jiangsu Chengxing Phosph-chemicals Co Ltd SHSE:600078
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Chengxing Phosph-chemicals 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.

Jiangsu Chengxing Phosph-chemicals 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
=( (716.746 + 792.998) / 2 ) / 3171.272*365
=754.872 / 3171.272*365
=86.88

Jiangsu Chengxing Phosph-chemicals Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (792.998 + 813.878) / 2 ) / 850.741*365 / 4
=803.438 / 850.741*365 / 4
=86.18

* 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 86.18 mean?
Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) has a Days Payable of 86.18 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. This is 17% below median its historical median of 104.31. Over the past decade, Jiangsu Chengxing Phosph-chemicals Co's Days Payable has ranged from 51.47 to 148.73. According to the industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #436 out of 1551 companies in the Chemicals industry, placing it in the top 28.1%.
Is Jiangsu Chengxing Phosph-chemicals Co's Days Payable too high?
Jiangsu Chengxing Phosph-chemicals Co's current Days Payable of 86.18 is 17% below median its 10-year median of 104.31. Over the past 10 years, this metric has ranged from a low of 51.47 to a high of 148.73. The Chemicals industry median Days Payable is 59.87. Jiangsu Chengxing Phosph-chemicals Co's value of 86.18 is 43.9% above this industry median. Based on the distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #436 out of 1551 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu Chengxing Phosph-chemicals Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Chengxing Phosph-chemicals Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #436 out of 1551 companies for Days Payable. This puts Jiangsu Chengxing Phosph-chemicals Co in the upper half of its industry. The industry median Days Payable is 59.87. Jiangsu Chengxing Phosph-chemicals Co's value of 86.18 is 43.9% above this benchmark. Historically, Jiangsu Chengxing Phosph-chemicals Co's own Days Payable has ranged from 51.47 to 148.73 over the past decade. While the company's 10-year median is 104.31 vs. the industry median of 59.87, Jiangsu Chengxing Phosph-chemicals 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 59.87, based on 1,551 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. Jiangsu Chengxing Phosph-chemicals Co's current Days Payable of 86.18 is 43.9% 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Chengxing Phosph-chemicals Co's current Days Payable is 86.18, which is 17% below median its own 10-year median of 104.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Chengxing Phosph-chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.70, compared to a current price of ¥10.88 — trading 62.4% above its estimated fair value. The current Days Payable is 86.18, which is 17% below median its 10-year median of 104.31 and 43.9% above the Chemicals industry median of 59.87. Jiangsu Chengxing Phosph-chemicals Co's overall GF Score™ is 46/100 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078), the current Days Payable is 86.18 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co stock appears to be overvalued. The current stock price of ¥10.88 is trading 62.4% above its estimated GF Value™ of ¥6.70. GuruFocus considers Jiangsu Chengxing Phosph-chemicals Co to be Significantly Overvalued.

Key valuation signals for SHSE:600078:

  • Days Payable: 86.18 (17% below median its 10-year median of 104.31)
  • GF Value™: ¥6.70 vs. price of ¥10.88 (62.4% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 43.9% above the Chemicals median (#436 of 1551)

No single metric tells the full story. See the SHSE:600078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Chengxing Phosph-chemicals Co Business Description

Address No. 208 Huashan Road, Jiangyin, Jiangsu, CHN, 214432
Jiangsu Chengxing Phosph-chemicals Co Ltd is mainly engaged in the production and sale of phosphoric acid, phosphate products and yellow phosphorus.
46GF Score

Get the complete analysis for SHSE:600078

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

¥10.88
Price
¥6.70
GF Value