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Kingfa Sci & Tec CoSHSE:600143 -2.89%81 Days Payable is 74.71 as of Mar. 2026, which is 24% above its 10-year median of 60.44. GuruFocus rates SHSE:600143 with a GF Score™ of 81/100 and a GF Value™ of ¥12.49 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, Kingfa Sci & Tec Co ranks better than 52.45% on this metric.
The historical rank and industry rank for Kingfa Sci & Tec Co's Days Payable or its related term are showing as below:
SHSE:600143'
s Days Payable Range Over the Past 10 Years
Min: 37.68 Med: 60.44 Max: 70.76
Current: 62.56
During the past 13 years, Kingfa Sci & Tec Co's highest Days Payable was 70.76. The lowest was 37.68. And the median was 60.44.
SHSE:600143's Days Payable is ranked better than 52.45% of 1554
companies
in the Chemicals industry
Industry Median: 59.875
vs SHSE:600143: 62.56
Kingfa Sci & Tec Co's Days Payable
increased
from Mar. 2025 (60.84) to Mar. 2026 (74.71).
It may suggest that Kingfa Sci & Tec Codelayed paying its suppliers.
Kingfa Sci & Tec Co Days Payable Related Terms
Kingfa Sci & Tec Co Days Payable Historical Data
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The historical data trend for Kingfa Sci & Tec 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.
SHSE:600143 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Kingfa Sci & Tec 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.
Kingfa Sci & Tec Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kingfa Sci & Tec Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Kingfa Sci & Tec 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.
Kingfa Sci & Tec 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.
Kingfa Sci & Tec Co (SHSE:600143) has a Days Payable of 74.71 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 Kingfa Sci & Tec Co and its competitors. This is 24% above median its historical median of 60.44. Over the past decade, Kingfa Sci & Tec Co's Days Payable has ranged from 37.68 to 70.76. According to the industry distribution chart, Kingfa Sci & Tec Co ranks #739 out of 1554 companies in the Chemicals industry, placing it in the top 47.6%.
Is Kingfa Sci & Tec Co's Days Payable too high?
Kingfa Sci & Tec Co's current Days Payable of 74.71 is 24% above median its 10-year median of 60.44. Over the past 10 years, this metric has ranged from a low of 37.68 to a high of 70.76. The Chemicals industry median Days Payable is 59.88. Kingfa Sci & Tec Co's value of 74.71 is 24.8% above this industry median. Based on the distribution chart, Kingfa Sci & Tec Co ranks #739 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Kingfa Sci & Tec Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingfa Sci & Tec Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kingfa Sci & Tec Co ranks #739 out of 1554 companies for Days Payable. This puts Kingfa Sci & Tec Co in the upper half of its industry. The industry median Days Payable is 59.88. Kingfa Sci & Tec Co's value of 74.71 is 24.8% above this benchmark. Historically, Kingfa Sci & Tec Co's own Days Payable has ranged from 37.68 to 70.76 over the past decade. While the company's 10-year median is 60.44 vs. the industry median of 59.88, Kingfa Sci & Tec 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. Kingfa Sci & Tec Co's current Days Payable of 74.71 is 24.8% 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 Kingfa Sci & Tec 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. Kingfa Sci & Tec Co's current Days Payable is 74.71, which is 24% above median its own 10-year median of 60.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingfa Sci & Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Kingfa Sci & Tec Co (SHSE:600143) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.49, compared to a current price of ¥13.77 — trading 10.2% above its estimated fair value. The current Days Payable is 74.71, which is 24% above median its 10-year median of 60.44 and 24.8% above the Chemicals industry median of 59.88. Kingfa Sci & Tec Co's overall GF Score™ is 81/100 with 7 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 Kingfa Sci & Tec Co (SHSE:600143), the current Days Payable is 74.71 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 Kingfa Sci & Tec Co (SHSE:600143) Overvalued in 2026?
Based on GuruFocus' analysis, Kingfa Sci & Tec Co stock appears to be overvalued.
The current stock price of ¥13.77 is trading 10.2% above its estimated GF Value™ of ¥12.49.
GuruFocus considers Kingfa Sci & Tec Co to be Fairly Valued.
Key valuation signals for SHSE:600143:
Days Payable: 74.71 (24% above median its 10-year median of 60.44)
GF Value™: ¥12.49 vs. price of ¥13.77 (10.2% above fair value)
Industry Position: 24.8% above the Chemicals median (#739 of 1554)
No single metric tells the full story. See the SHSE:600143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingfa Sci & Tec Co Ltd is a China-based company engaged in the modified plastics industry. Its products include the development of modified plastics, fully biodegradable plastics, high-performance carbon fiber and composite materials, special engineering plastics, environmentally-friendly recycled plastics, fire retardant, and toughened plastics.
81GF Score
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