Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) Days Payable: 25.20 (As of Mar. 2026) — 62% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600273 Zhejiang Jiahua Energy Chemical Industry Co Ltd SHSE:600273
75 GF Score
Price ¥6.54
GF Value ¥9.99
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Zhejiang Jiahua Energy Chemical Industry Co Days Payable?

Zhejiang Jiahua Energy Chemical Industry Co SHSE:600273 -0.91% 75 Days Payable is 25.20 as of Mar. 2026, which is 62% below its 10-year median of 66.10. GuruFocus rates SHSE:600273 with a GF Score™ of 75/100 and a GF Value™ of ¥9.99 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Zhejiang Jiahua Energy Chemical Industry Co ranks worse than 78.51% on this metric.

Zhejiang Jiahua Energy Chemical Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥649 Mil. Zhejiang Jiahua Energy Chemical Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,351 Mil. Hence, Zhejiang Jiahua Energy Chemical Industry Co's Days Payable for the three months ended in Mar. 2026 was 25.20.

The historical rank and industry rank for Zhejiang Jiahua Energy Chemical Industry Co's Days Payable or its related term are showing as below:

SHSE:600273' s Days Payable Range Over the Past 10 Years
Min: 24.39   Med: 66.1   Max: 109.95
Current: 31.08

During the past 13 years, Zhejiang Jiahua Energy Chemical Industry Co's highest Days Payable was 109.95. The lowest was 24.39. And the median was 66.10.

SHSE:600273's Days Payable is ranked worse than
78.51% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs SHSE:600273: 31.08

Zhejiang Jiahua Energy Chemical Industry Co's Days Payable declined from Mar. 2025 (39.37) to Mar. 2026 (25.20). It may suggest that Zhejiang Jiahua Energy Chemical Industry Co accelerated paying its suppliers.


Zhejiang Jiahua Energy Chemical Industry Co Days Payable Related Terms


Zhejiang Jiahua Energy Chemical Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Jiahua Energy Chemical Industry 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.

Zhejiang Jiahua Energy Chemical Industry Co Days Payable Chart

Zhejiang Jiahua Energy Chemical Industry 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 66.95 63.09 53.67 32.49 24.39

Zhejiang Jiahua Energy Chemical Industry 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 39.37 37.22 31.34 25.54 25.20

SHSE:600273 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Zhejiang Jiahua Energy Chemical Industry 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.


Zhejiang Jiahua Energy Chemical Industry Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Jiahua Energy Chemical Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiahua Energy Chemical Industry Co's Days Payable falls into.


SHSE:600273
75GF Score
Zhejiang Jiahua Energy Chemical Industry Co Ltd SHSE:600273
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Jiahua Energy Chemical Industry 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.

Zhejiang Jiahua Energy Chemical Industry 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
=( (739.018 + 419.891) / 2 ) / 8671.577*365
=579.4545 / 8671.577*365
=24.39

Zhejiang Jiahua Energy Chemical Industry 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
=( (419.891 + 878.34) / 2 ) / 2350.897*365 / 4
=649.1155 / 2350.897*365 / 4
=25.20

* 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 25.20 mean?
Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) has a Days Payable of 25.20 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 Zhejiang Jiahua Energy Chemical Industry Co and its competitors. This is 62% below median its historical median of 66.10. Over the past decade, Zhejiang Jiahua Energy Chemical Industry Co's Days Payable has ranged from 24.39 to 109.95. According to the industry distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #1220 out of 1554 companies in the Chemicals industry, placing it in the top 78.5%.
Is Zhejiang Jiahua Energy Chemical Industry Co's Days Payable too high?
Zhejiang Jiahua Energy Chemical Industry Co's current Days Payable of 25.20 is 62% below median its 10-year median of 66.10. Over the past 10 years, this metric has ranged from a low of 24.39 to a high of 109.95. The Chemicals industry median Days Payable is 59.88. Zhejiang Jiahua Energy Chemical Industry Co's value of 25.20 is 57.9% below this industry median. Based on the distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #1220 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Jiahua Energy Chemical Industry Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Jiahua Energy Chemical Industry Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #1220 out of 1554 companies for Days Payable. This places Zhejiang Jiahua Energy Chemical Industry Co in the lower half of its industry. The industry median Days Payable is 59.88. Zhejiang Jiahua Energy Chemical Industry Co's value of 25.20 is 57.9% below this benchmark. Historically, Zhejiang Jiahua Energy Chemical Industry Co's own Days Payable has ranged from 24.39 to 109.95 over the past decade. While the company's 10-year median is 66.10 vs. the industry median of 59.88, Zhejiang Jiahua Energy Chemical Industry 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 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. Zhejiang Jiahua Energy Chemical Industry Co's current Days Payable of 25.20 is 57.9% 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 Zhejiang Jiahua Energy Chemical Industry 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. Zhejiang Jiahua Energy Chemical Industry Co's current Days Payable is 25.20, which is 62% below median its own 10-year median of 66.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Jiahua Energy Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥9.99, compared to a current price of ¥6.54 — trading 34.5% below its estimated fair value. The current Days Payable is 25.20, which is 62% below median its 10-year median of 66.10 and 57.9% below the Chemicals industry median of 59.88. Zhejiang Jiahua Energy Chemical Industry Co's overall GF Score™ is 75/100 with 5 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 Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273), the current Days Payable is 25.20 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 Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Jiahua Energy Chemical Industry Co stock appears to be undervalued. The current stock price of ¥6.54 is trading 34.5% below its estimated GF Value™ of ¥9.99. GuruFocus considers Zhejiang Jiahua Energy Chemical Industry Co to be Significantly Undervalued.

Key valuation signals for SHSE:600273:

  • Days Payable: 25.20 (62% below median its 10-year median of 66.10)
  • GF Value™: ¥9.99 vs. price of ¥6.54 (34.5% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 57.9% below the Chemicals median (#1220 of 1554)

No single metric tells the full story. See the SHSE:600273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Jiahua Energy Chemical Industry Co Business Description

Address Coastal Road No. 2288, Zhapu Economic Development Park, Jiaxing, Zhejiang, CHN, 314201
Zhejiang Jiahua Energy Chemical Industry Co Ltd is engaged in the production of caustic soda and acids. Its products series include chlor-alkali series, combined heat and power, Ortho-para series, sulfuric acid series and fatty alcohol series.
75GF Score

Get the complete analysis for SHSE:600273

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

¥6.54
Price
¥9.99
GF Value