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Shanghai Huayi GroupSHSE:600623 +1.91%67 Days Payable is 77.45 as of Mar. 2026, which is 45% above its 10-year median of 53.55. GuruFocus rates SHSE:600623 with a GF Score™ of 67/100 and a GF Value™ of ¥7.66 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,554 Chemicals companies, Shanghai Huayi Group ranks better than 59.91% on this metric.
The historical rank and industry rank for Shanghai Huayi Group's Days Payable or its related term are showing as below:
SHSE:600623'
s Days Payable Range Over the Past 10 Years
Min: 36.29 Med: 53.55 Max: 72.69
Current: 71.14
During the past 13 years, Shanghai Huayi Group's highest Days Payable was 72.69. The lowest was 36.29. And the median was 53.55.
SHSE:600623's Days Payable is ranked better than 59.91% of 1554
companies
in the Chemicals industry
Industry Median: 59.565
vs SHSE:600623: 71.14
Shanghai Huayi Group's Days Payable
increased
from Mar. 2025 (64.15) to Mar. 2026 (77.45).
It may suggest that Shanghai Huayi Groupdelayed paying its suppliers.
Shanghai Huayi Group Days Payable Related Terms
Shanghai Huayi Group Days Payable Historical Data
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The historical data trend for Shanghai Huayi Group'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.
For the Chemicals subindustry, Shanghai Huayi Group'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.
Shanghai Huayi Group Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanghai Huayi Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Huayi Group's Days Payable falls into.
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.
Shanghai Huayi Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Shanghai Huayi Group (SHSE:600623) has a Days Payable of 77.45 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 Shanghai Huayi Group and its competitors. This is 45% above median its historical median of 53.55. Over the past decade, Shanghai Huayi Group's Days Payable has ranged from 36.29 to 72.69. According to the industry distribution chart, Shanghai Huayi Group ranks #623 out of 1554 companies in the Chemicals industry, placing it in the top 40.1%.
Is Shanghai Huayi Group's Days Payable too high?
Shanghai Huayi Group's current Days Payable of 77.45 is 45% above median its 10-year median of 53.55. Over the past 10 years, this metric has ranged from a low of 36.29 to a high of 72.69. The Chemicals industry median Days Payable is 59.57. Shanghai Huayi Group's value of 77.45 is 30% above this industry median. Based on the distribution chart, Shanghai Huayi Group ranks #623 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shanghai Huayi Group has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huayi Group's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shanghai Huayi Group ranks #623 out of 1554 companies for Days Payable. This puts Shanghai Huayi Group in the upper half of its industry. The industry median Days Payable is 59.57. Shanghai Huayi Group's value of 77.45 is 30% above this benchmark. Historically, Shanghai Huayi Group's own Days Payable has ranged from 36.29 to 72.69 over the past decade. While the company's 10-year median is 53.55 vs. the industry median of 59.57, Shanghai Huayi Group 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 59.57, 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. Shanghai Huayi Group's current Days Payable of 77.45 is 30% 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 Shanghai Huayi Group and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Huayi Group's current Days Payable is 77.45, which is 45% above median its own 10-year median of 53.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huayi Group stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huayi Group (SHSE:600623) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.66, compared to a current price of ¥8.00 — trading 4.4% above its estimated fair value. The current Days Payable is 77.45, which is 45% above median its 10-year median of 53.55 and 30% above the Chemicals industry median of 59.57. Shanghai Huayi Group's overall GF Score™ is 67/100 with 8 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 Shanghai Huayi Group (SHSE:600623), the current Days Payable is 77.45 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 Shanghai Huayi Group (SHSE:600623) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Huayi Group stock appears to be overvalued.
The current stock price of ¥8.00 is trading 4.4% above its estimated GF Value™ of ¥7.66.
GuruFocus considers Shanghai Huayi Group to be Fairly Valued.
Key valuation signals for SHSE:600623:
Days Payable: 77.45 (45% above median its 10-year median of 53.55)
GF Value™: ¥7.66 vs. price of ¥8.00 (4.4% above fair value)
Industry Position: 30% above the Chemicals median (#623 of 1554)
No single metric tells the full story. See the SHSE:600623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Huayi Group Corp Ltd is a chemical company. Its products include methanol, carbon monoxide, syngas and sulfuric acid and other chemical products.
67GF Score
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