Shanxi Luan Chemical Technology Co (SHSE:600691) Days Payable: 74.94 (As of Mar. 2026) — 28% Below Median


SHSE:600691 Shanxi Luan Chemical Technology Co Ltd SHSE:600691
49 GF Score
Price ¥2.25
GF Value ¥2.17
Valuation Fairly Valued
! 4 Warning Signs
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What is Shanxi Luan Chemical Technology Co Days Payable?

Shanxi Luan Chemical Technology Co SHSE:600691 +2.27% 49 Days Payable is 74.94 as of Mar. 2026, which is 28% below its 10-year median of 104.02. GuruFocus rates SHSE:600691 with a GF Score™ of 49/100 and a GF Value™ of ¥2.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,552 Chemicals companies, Shanxi Luan Chemical Technology Co ranks better than 67.14% on this metric.

Shanxi Luan Chemical Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,824 Mil. Shanxi Luan Chemical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,220 Mil. Hence, Shanxi Luan Chemical Technology Co's Days Payable for the three months ended in Mar. 2026 was 74.94.

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

SHSE:600691' s Days Payable Range Over the Past 10 Years
Min: 64.08   Med: 104.02   Max: 206.65
Current: 80.77

During the past 13 years, Shanxi Luan Chemical Technology Co's highest Days Payable was 206.65. The lowest was 64.08. And the median was 104.02.

SHSE:600691's Days Payable is ranked better than
67.14% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs SHSE:600691: 80.77

Shanxi Luan Chemical Technology Co's Days Payable declined from Mar. 2025 (100.46) to Mar. 2026 (74.94). It may suggest that Shanxi Luan Chemical Technology Co accelerated paying its suppliers.


Shanxi Luan Chemical Technology Co Days Payable Related Terms


Shanxi Luan Chemical Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanxi Luan Chemical Technology 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.

Shanxi Luan Chemical Technology Co Days Payable Chart

Shanxi Luan Chemical Technology 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 66.00 64.08 77.43 94.65 81.61

Shanxi Luan Chemical Technology 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 100.46 82.48 84.69 75.42 74.94

SHSE:600691 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Shanxi Luan Chemical Technology 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 Luan Chemical Technology Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanxi Luan Chemical Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Luan Chemical Technology Co's Days Payable falls into.


SHSE:600691
49GF Score
Shanxi Luan Chemical Technology Co Ltd SHSE:600691
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Luan Chemical Technology 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.

Shanxi Luan Chemical Technology 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
=( (2487.606 + 1770.79) / 2 ) / 9522.437*365
=2129.198 / 9522.437*365
=81.61

Shanxi Luan Chemical Technology 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
=( (1770.79 + 1876.313) / 2 ) / 2220.468*365 / 4
=1823.5515 / 2220.468*365 / 4
=74.94

* 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 74.94 mean?
Shanxi Luan Chemical Technology Co (SHSE:600691) has a Days Payable of 74.94 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 Luan Chemical Technology Co and its competitors. This is 28% below median its historical median of 104.02. Over the past decade, Shanxi Luan Chemical Technology Co's Days Payable has ranged from 64.08 to 206.65. According to the industry distribution chart, Shanxi Luan Chemical Technology Co ranks #510 out of 1552 companies in the Chemicals industry, placing it in the top 32.9%.
Is Shanxi Luan Chemical Technology Co's Days Payable too high?
Shanxi Luan Chemical Technology Co's current Days Payable of 74.94 is 28% below median its 10-year median of 104.02. Over the past 10 years, this metric has ranged from a low of 64.08 to a high of 206.65. The Chemicals industry median Days Payable is 59.65. Shanxi Luan Chemical Technology Co's value of 74.94 is 25.6% above this industry median. Based on the distribution chart, Shanxi Luan Chemical Technology Co ranks #510 out of 1552 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shanxi Luan Chemical Technology Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Luan Chemical Technology Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shanxi Luan Chemical Technology Co ranks #510 out of 1552 companies for Days Payable. This puts Shanxi Luan Chemical Technology Co in the upper half of its industry. The industry median Days Payable is 59.65. Shanxi Luan Chemical Technology Co's value of 74.94 is 25.6% above this benchmark. Historically, Shanxi Luan Chemical Technology Co's own Days Payable has ranged from 64.08 to 206.65 over the past decade. While the company's 10-year median is 104.02 vs. the industry median of 59.65, Shanxi Luan Chemical Technology 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 59.65, based on 1,552 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 Luan Chemical Technology Co's current Days Payable of 74.94 is 25.6% 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 Luan Chemical Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Luan Chemical Technology Co's current Days Payable is 74.94, which is 28% below median its own 10-year median of 104.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Luan Chemical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Luan Chemical Technology Co (SHSE:600691) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.17, compared to a current price of ¥2.25 — trading 3.7% above its estimated fair value. The current Days Payable is 74.94, which is 28% below median its 10-year median of 104.02 and 25.6% above the Chemicals industry median of 59.65. Shanxi Luan Chemical Technology Co's overall GF Score™ is 49/100 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 Luan Chemical Technology Co (SHSE:600691), the current Days Payable is 74.94 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 Luan Chemical Technology Co (SHSE:600691) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Luan Chemical Technology Co stock appears to be overvalued. The current stock price of ¥2.25 is trading 3.7% above its estimated GF Value™ of ¥2.17. GuruFocus considers Shanxi Luan Chemical Technology Co to be Fairly Valued.

Key valuation signals for SHSE:600691:

  • Days Payable: 74.94 (28% below median its 10-year median of 104.02)
  • GF Value™: ¥2.17 vs. price of ¥2.25 (3.7% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 25.6% above the Chemicals median (#510 of 1552)

No single metric tells the full story. See the SHSE:600691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Luan Chemical Technology Co Business Description

Address No. 72 Shuangta West Street, Yingze District, Shanxi Province, Days Hotel Lu\'an, Taiyuan, CHN, 030006
Shanxi Luan Chemical Technology Co Ltd is engaged in Production and sales of coal chemical products (including agricultural chemical products, basic chemical products, fine chemical products) and chemical equipment, manufacturing of chemical machinery and equipment, research and development of chemical products, etc.
49GF Score

Get the complete analysis for SHSE:600691

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

¥2.25
Price
¥2.17
GF Value