Liuzhou Chemical Industry Co (SHSE:600423) Days Payable: 46.54 (As of Mar. 2026) — 58% Below Median


SHSE:600423 Liuzhou Chemical Industry Co Ltd SHSE:600423
50 GF Score
Price ¥2.44
GF Value ¥2.84
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Liuzhou Chemical Industry Co Days Payable?

Liuzhou Chemical Industry Co SHSE:600423 -0.81% 50 Days Payable is 46.54 as of Mar. 2026, which is 58% below its 10-year median of 111.47. GuruFocus rates SHSE:600423 with a GF Score™ of 50/100 and a GF Value™ of ¥2.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 244 Agriculture companies, Liuzhou Chemical Industry Co ranks worse than 73.77% on this metric.

Liuzhou Chemical Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥14.5 Mil. Liuzhou Chemical Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥28.4 Mil. Hence, Liuzhou Chemical Industry Co's Days Payable for the three months ended in Mar. 2026 was 46.54.

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

SHSE:600423' s Days Payable Range Over the Past 10 Years
Min: 40.08   Med: 111.47   Max: 170.61
Current: 40.08

During the past 13 years, Liuzhou Chemical Industry Co's highest Days Payable was 170.61. The lowest was 40.08. And the median was 111.47.

SHSE:600423's Days Payable is ranked worse than
73.77% of 244 companies
in the Agriculture industry
Industry Median: 72.7 vs SHSE:600423: 40.08

Liuzhou Chemical Industry Co's Days Payable increased from Mar. 2025 (37.53) to Mar. 2026 (46.54). It may suggest that Liuzhou Chemical Industry Co delayed paying its suppliers.


Liuzhou Chemical Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Liuzhou 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.

Liuzhou Chemical Industry Co Days Payable Chart

Liuzhou 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 120.02 97.05 86.48 57.06 42.51

Liuzhou 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 37.53 48.33 28.95 35.53 46.54

SHSE:600423 vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Liuzhou 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.


Liuzhou Chemical Industry Co Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Liuzhou Chemical Industry Co's Days Payable distribution charts can be found below:

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


SHSE:600423
50GF Score
Liuzhou Chemical Industry Co Ltd SHSE:600423
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Liuzhou 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.

Liuzhou 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
=( (14.145 + 15.98) / 2 ) / 129.338*365
=15.0625 / 129.338*365
=42.51

Liuzhou 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
=( (15.98 + 13.022) / 2 ) / 28.432*365 / 4
=14.501 / 28.432*365 / 4
=46.54

* 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 46.54 mean?
Liuzhou Chemical Industry Co (SHSE:600423) has a Days Payable of 46.54 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 Liuzhou Chemical Industry Co and its competitors. This is 58% below median its historical median of 111.47. Over the past decade, Liuzhou Chemical Industry Co's Days Payable has ranged from 40.08 to 170.61. According to the industry distribution chart, Liuzhou Chemical Industry Co ranks #180 out of 244 companies in the Agriculture industry, placing it in the top 73.8%.
Is Liuzhou Chemical Industry Co's Days Payable too high?
Liuzhou Chemical Industry Co's current Days Payable of 46.54 is 58% below median its 10-year median of 111.47. Over the past 10 years, this metric has ranged from a low of 40.08 to a high of 170.61. The Agriculture industry median Days Payable is 72.70. Liuzhou Chemical Industry Co's value of 46.54 is 36% below this industry median. Based on the distribution chart, Liuzhou Chemical Industry Co ranks #180 out of 244 companies in the Agriculture industry, which is below the industry midpoint. Overall, Liuzhou Chemical Industry Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liuzhou Chemical Industry Co's Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Liuzhou Chemical Industry Co ranks #180 out of 244 companies for Days Payable. This places Liuzhou Chemical Industry Co in the lower half of its industry. The industry median Days Payable is 72.70. Liuzhou Chemical Industry Co's value of 46.54 is 36% below this benchmark. Historically, Liuzhou Chemical Industry Co's own Days Payable has ranged from 40.08 to 170.61 over the past decade. While the company's 10-year median is 111.47 vs. the industry median of 72.70, Liuzhou 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.70, based on 244 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. Liuzhou Chemical Industry Co's current Days Payable of 46.54 is 36% 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 Liuzhou Chemical Industry Co and its competitors. For the Agriculture industry, the median Days Payable is 72.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liuzhou Chemical Industry Co's current Days Payable is 46.54, which is 58% below median its own 10-year median of 111.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liuzhou Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co (SHSE:600423) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.84, compared to a current price of ¥2.44 — trading 14.1% below its estimated fair value. The current Days Payable is 46.54, which is 58% below median its 10-year median of 111.47 and 36% below the Agriculture industry median of 72.70. Liuzhou Chemical Industry Co's overall GF Score™ is 50/100 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 Liuzhou Chemical Industry Co (SHSE:600423), the current Days Payable is 46.54 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 Liuzhou Chemical Industry Co (SHSE:600423) Overvalued in 2026?

Based on GuruFocus' analysis, Liuzhou Chemical Industry Co stock appears to be undervalued. The current stock price of ¥2.44 is trading 14.1% below its estimated GF Value™ of ¥2.84. GuruFocus considers Liuzhou Chemical Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600423:

  • Days Payable: 46.54 (58% below median its 10-year median of 111.47)
  • GF Value™: ¥2.84 vs. price of ¥2.44 (14.1% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 36% below the Agriculture median (#180 of 244)

No single metric tells the full story. See the SHSE:600423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liuzhou Chemical Industry Co Business Description

Address No. 106, Yuejin Road, 26th Floor, Bahuijin International, Liubei District, Guangxi, Liuzhou, CHN, 545001
Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.
50GF Score

Get the complete analysis for SHSE:600423

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

¥2.44
Price
¥2.84
GF Value