Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Days Payable: 26.44 (As of Mar. 2026) — Near Median


SHSE:600506 Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd SHSE:600506
64 GF Score
Price ¥14.04
GF Value ¥14.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Tongyi Carbon Neutral Energy (Xinjiang) Co Days Payable?

Tongyi Carbon Neutral Energy (Xinjiang) Co SHSE:600506 +4.15% 64 Days Payable is 26.44 as of Mar. 2026, which is 7% below its 10-year median of 28.41. GuruFocus rates SHSE:600506 with a GF Score™ of 64/100 and a GF Value™ of ¥14.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks worse than 50.9% on this metric.

Tongyi Carbon Neutral Energy (Xinjiang) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥197 Mil. Tongyi Carbon Neutral Energy (Xinjiang) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥681 Mil. Hence, Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable for the three months ended in Mar. 2026 was 26.44.

The historical rank and industry rank for Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable or its related term are showing as below:

SHSE:600506' s Days Payable Range Over the Past 10 Years
Min: 0.05   Med: 28.41   Max: 193.05
Current: 43.49

During the past 13 years, Tongyi Carbon Neutral Energy (Xinjiang) Co's highest Days Payable was 193.05. The lowest was 0.05. And the median was 28.41.

SHSE:600506's Days Payable is ranked worse than
50.9% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs SHSE:600506: 43.49

Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable declined from Mar. 2025 (37.90) to Mar. 2026 (26.44). It may suggest that Tongyi Carbon Neutral Energy (Xinjiang) Co accelerated paying its suppliers.


Tongyi Carbon Neutral Energy (Xinjiang) Co Days Payable Related Terms


Tongyi Carbon Neutral Energy (Xinjiang) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co Days Payable Chart

Tongyi Carbon Neutral Energy (Xinjiang) 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 193.05 27.70 21.66 29.80 29.11

Tongyi Carbon Neutral Energy (Xinjiang) 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 37.90 54.87 48.37 43.07 26.44

SHSE:600506 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable falls into.


SHSE:600506
64GF Score
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd SHSE:600506
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) 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
=( (167.097 + 139.875) / 2 ) / 1924.248*365
=153.486 / 1924.248*365
=29.11

Tongyi Carbon Neutral Energy (Xinjiang) 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
=( (139.875 + 254.601) / 2 ) / 680.78*365 / 4
=197.238 / 680.78*365 / 4
=26.44

* 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 26.44 mean?
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) has a Days Payable of 26.44 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. This is near median its historical median of 28.41. Over the past decade, Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable has ranged from 0.05 to 193.05. According to the industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #961 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 50.9%.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable too high?
Tongyi Carbon Neutral Energy (Xinjiang) Co's current Days Payable of 26.44 is near median its 10-year median of 28.41. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 193.05. The Consumer Packaged Goods industry median Days Payable is 44.15. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 26.44 is 40.1% below this industry median. Based on the distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #961 out of 1888 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tongyi Carbon Neutral Energy (Xinjiang) Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #961 out of 1888 companies for Days Payable. This places Tongyi Carbon Neutral Energy (Xinjiang) Co in the lower half of its industry. The industry median Days Payable is 44.15. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 26.44 is 40.1% below this benchmark. Historically, Tongyi Carbon Neutral Energy (Xinjiang) Co's own Days Payable has ranged from 0.05 to 193.05 over the past decade. While the company's 10-year median is 28.41 vs. the industry median of 44.15, Tongyi Carbon Neutral Energy (Xinjiang) 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,888 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Days Payable of 26.44 is 40.1% 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Days Payable is 26.44, which is near median its own 10-year median of 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.09, compared to a current price of ¥14.04 — trading 0.4% below its estimated fair value. The current Days Payable is 26.44, which is near median its 10-year median of 28.41 and 40.1% below the Consumer Packaged Goods industry median of 44.15. Tongyi Carbon Neutral Energy (Xinjiang) Co's overall GF Score™ is 64/100 with 3 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506), the current Days Payable is 26.44 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Overvalued in 2026?

Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co stock appears to be undervalued. The current stock price of ¥14.04 is trading 0.4% below its estimated GF Value™ of ¥14.09. GuruFocus considers Tongyi Carbon Neutral Energy (Xinjiang) Co to be Fairly Valued.

Key valuation signals for SHSE:600506:

  • Days Payable: 26.44 (near median its 10-year median of 28.41)
  • GF Value™: ¥14.09 vs. price of ¥14.04 (0.4% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 40.1% below the Consumer Packaged Goods median (#961 of 1888)

No single metric tells the full story. See the SHSE:600506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongyi Carbon Neutral Energy (Xinjiang) Co Business Description

Address No. 30, Intersection of Shihua Avenue and Shengguo Road, 15th Floor, Building C, Furunde Building, Bayingolin Mongol Autonomous Prefecture, Xinjiang Uygur Autonomous Region, Korla, CHN, 841000
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd is in the business of researching, developing, producing, and sales of lubricating greases. Depending on their application, the company's products include Traditional lubricating oils and liquid cooling and specialty greases for the new energy industry, namely those for transportation, industrial manufacturing and power, construction machinery, and mining. The company provides liquid cooling and specialty grease products to customers in industries such as power piles, renewable energy, and energy storage.
64GF Score

Get the complete analysis for SHSE:600506

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

¥14.04
Price
¥14.09
GF Value