Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Days Payable: 97.77 (As of Mar. 2026) — 13% Above Median

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SHSE:600596 Zhejiang Xinan Chemical Industrial Group Co Ltd SHSE:600596
60 GF Score
Price ¥10.30
GF Value ¥8.74
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Zhejiang Xinan Chemical Industrial Group Co Days Payable?

Zhejiang Xinan Chemical Industrial Group Co SHSE:600596 +0.49% 60 Days Payable is 97.77 as of Mar. 2026, which is 13% above its 10-year median of 86.39. GuruFocus rates SHSE:600596 with a GF Score™ of 60/100 and a GF Value™ of ¥8.74 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 245 Agriculture companies, Zhejiang Xinan Chemical Industrial Group Co ranks better than 69.8% on this metric.

Zhejiang Xinan Chemical Industrial Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,794 Mil. Zhejiang Xinan Chemical Industrial Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,541 Mil. Hence, Zhejiang Xinan Chemical Industrial Group Co's Days Payable for the three months ended in Mar. 2026 was 97.77.

The historical rank and industry rank for Zhejiang Xinan Chemical Industrial Group Co's Days Payable or its related term are showing as below:

SHSE:600596' s Days Payable Range Over the Past 10 Years
Min: 67.39   Med: 86.39   Max: 111.68
Current: 109.82

During the past 13 years, Zhejiang Xinan Chemical Industrial Group Co's highest Days Payable was 111.68. The lowest was 67.39. And the median was 86.39.

SHSE:600596's Days Payable is ranked better than
69.8% of 245 companies
in the Agriculture industry
Industry Median: 72.56 vs SHSE:600596: 109.82

Zhejiang Xinan Chemical Industrial Group Co's Days Payable declined from Mar. 2025 (122.60) to Mar. 2026 (97.77). It may suggest that Zhejiang Xinan Chemical Industrial Group Co accelerated paying its suppliers.


Zhejiang Xinan Chemical Industrial Group Co Days Payable Related Terms


Zhejiang Xinan Chemical Industrial Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinan Chemical Industrial Group 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 Xinan Chemical Industrial Group Co Days Payable Chart

Zhejiang Xinan Chemical Industrial Group 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 75.97 74.13 96.23 109.08 111.68

Zhejiang Xinan Chemical Industrial Group 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 122.60 99.64 109.57 133.75 97.77

SHSE:600596 vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Zhejiang Xinan Chemical Industrial Group 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 Xinan Chemical Industrial Group Co Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zhejiang Xinan Chemical Industrial Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinan Chemical Industrial Group Co's Days Payable falls into.


SHSE:600596
60GF Score
Zhejiang Xinan Chemical Industrial Group Co Ltd SHSE:600596
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Xinan Chemical Industrial Group 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 Xinan Chemical Industrial Group 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
=( (4324.833 + 3577.704) / 2 ) / 12913.659*365
=3951.2685 / 12913.659*365
=111.68

Zhejiang Xinan Chemical Industrial Group 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
=( (3577.704 + 4009.932) / 2 ) / 3540.763*365 / 4
=3793.818 / 3540.763*365 / 4
=97.77

* 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 97.77 mean?
Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) has a Days Payable of 97.77 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 Xinan Chemical Industrial Group Co and its competitors. This is 13% above median its historical median of 86.39. Over the past decade, Zhejiang Xinan Chemical Industrial Group Co's Days Payable has ranged from 67.39 to 111.68. According to the industry distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #74 out of 245 companies in the Agriculture industry, placing it in the top 30.2%.
Is Zhejiang Xinan Chemical Industrial Group Co's Days Payable too high?
Zhejiang Xinan Chemical Industrial Group Co's current Days Payable of 97.77 is 13% above median its 10-year median of 86.39. Over the past 10 years, this metric has ranged from a low of 67.39 to a high of 111.68. The Agriculture industry median Days Payable is 72.56. Zhejiang Xinan Chemical Industrial Group Co's value of 97.77 is 34.7% above this industry median. Based on the distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #74 out of 245 companies in the Agriculture industry, which is above the industry midpoint. Overall, Zhejiang Xinan Chemical Industrial Group Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinan Chemical Industrial Group Co's Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #74 out of 245 companies for Days Payable. This puts Zhejiang Xinan Chemical Industrial Group Co in the upper half of its industry. The industry median Days Payable is 72.56. Zhejiang Xinan Chemical Industrial Group Co's value of 97.77 is 34.7% above this benchmark. Historically, Zhejiang Xinan Chemical Industrial Group Co's own Days Payable has ranged from 67.39 to 111.68 over the past decade. While the company's 10-year median is 86.39 vs. the industry median of 72.56, Zhejiang Xinan Chemical Industrial Group 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.56, based on 245 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 Xinan Chemical Industrial Group Co's current Days Payable of 97.77 is 34.7% 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 Zhejiang Xinan Chemical Industrial Group Co and its competitors. For the Agriculture industry, the median Days Payable is 72.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinan Chemical Industrial Group Co's current Days Payable is 97.77, which is 13% above median its own 10-year median of 86.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinan Chemical Industrial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.74, compared to a current price of ¥10.30 — trading 17.8% above its estimated fair value. The current Days Payable is 97.77, which is 13% above median its 10-year median of 86.39 and 34.7% above the Agriculture industry median of 72.56. Zhejiang Xinan Chemical Industrial Group Co's overall GF Score™ is 60/100 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 Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596), the current Days Payable is 97.77 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 Xinan Chemical Industrial Group Co (SHSE:600596) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Xinan Chemical Industrial Group Co stock appears to be overvalued. The current stock price of ¥10.30 is trading 17.8% above its estimated GF Value™ of ¥8.74. GuruFocus considers Zhejiang Xinan Chemical Industrial Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600596:

  • Days Payable: 97.77 (13% above median its 10-year median of 86.39)
  • GF Value™: ¥8.74 vs. price of ¥10.30 (17.8% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 34.7% above the Agriculture median (#74 of 245)

No single metric tells the full story. See the SHSE:600596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Xinan Chemical Industrial Group Co Business Description

Address 555 Xin\'an Road East, Xin\'anjiang, Jiande, Zhejiang, CHN, 311600
Zhejiang Xinan Chemical Industrial Group Co Ltd is engaged in crop protection products and organic silicon materials. It also manufactures pesticide and fungicides; based on synthesized organic silicon monomers, a complete organic industry chain.
60GF Score

Get the complete analysis for SHSE:600596

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

¥10.30
Price
¥8.74
GF Value