* 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.
For the Chemicals subindustry, Shanxi Huayang New Material 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.
Shanxi Huayang New Material Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanxi Huayang New Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanxi Huayang New Material Co's Days Payable falls into.
Shanxi Huayang New Material 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.
* 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.
Shanxi Huayang New Material Co (SHSE:600281) has a Days Payable of 130.11 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 Shanxi Huayang New Material Co and its competitors. This is near median its historical median of 124.46. Over the past decade, Shanxi Huayang New Material Co's Days Payable has ranged from 22.88 to 195.05. According to the industry distribution chart, Shanxi Huayang New Material Co ranks #283 out of 1550 companies in the Chemicals industry, placing it in the top 18.3%.
Is Shanxi Huayang New Material Co's Days Payable too high?
Shanxi Huayang New Material Co's current Days Payable of 130.11 is near median its 10-year median of 124.46. Over the past 10 years, this metric has ranged from a low of 22.88 to a high of 195.05. The Chemicals industry median Days Payable is 59.80. Shanxi Huayang New Material Co's value of 130.11 is 117.6% above this industry median. Based on the distribution chart, Shanxi Huayang New Material Co ranks #283 out of 1550 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Huayang New Material Co has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanxi Huayang New Material Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shanxi Huayang New Material Co ranks #283 out of 1550 companies for Days Payable. This places Shanxi Huayang New Material Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.80. Shanxi Huayang New Material Co's value of 130.11 is 117.6% above this benchmark. Historically, Shanxi Huayang New Material Co's own Days Payable has ranged from 22.88 to 195.05 over the past decade. While the company's 10-year median is 124.46 vs. the industry median of 59.80, Shanxi Huayang New Material 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 59.80, based on 1,550 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. Shanxi Huayang New Material Co's current Days Payable of 130.11 is 117.6% 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 Shanxi Huayang New Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Huayang New Material Co's current Days Payable is 130.11, which is near median its own 10-year median of 124.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Huayang New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Huayang New Material Co (SHSE:600281) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.67, compared to a current price of ¥3.88 — trading 41.8% below its estimated fair value. The current Days Payable is 130.11, which is near median its 10-year median of 124.46 and 117.6% above the Chemicals industry median of 59.80. Shanxi Huayang New Material Co's overall GF Score™ is 32/100 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 Shanxi Huayang New Material Co (SHSE:600281), the current Days Payable is 130.11 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 Shanxi Huayang New Material Co (SHSE:600281) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Huayang New Material Co stock appears to be undervalued.
The current stock price of ¥3.88 is trading 41.8% below its estimated GF Value™ of ¥6.67.
GuruFocus considers Shanxi Huayang New Material Co to be Possible Value Trap.
Key valuation signals for SHSE:600281:
Days Payable: 130.11 (near median its 10-year median of 124.46)
GF Value™: ¥6.67 vs. price of ¥3.88 (41.8% below fair value)
Industry Position: 117.6% above the Chemicals median (#283 of 1550)
No single metric tells the full story. See the SHSE:600281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Huayang New Material Co Business Description
Shanxi Huayang New Material Co Ltd Taiyuan Chemical Industry Co Ltd is engaged in the research, production, and sale of chemical products. Its main products are deep coke processing products, chemical fertilizers, coal tar processing products, and biochemical products.
32GF Score
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