Hebei Jinniu Chemical Industry Co (SHSE:600722) Days Payable: 71.49 (As of Mar. 2026) — 22% Above Median

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SHSE:600722 Hebei Jinniu Chemical Industry Co Ltd SHSE:600722
56 GF Score
Price ¥8.53
GF Value ¥4.17
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hebei Jinniu Chemical Industry Co Days Payable?

Hebei Jinniu Chemical Industry Co SHSE:600722 +10.06% 56 Days Payable is 71.49 as of Mar. 2026, which is 22% above its 10-year median of 58.81. GuruFocus rates SHSE:600722 with a GF Score™ of 56/100 and a GF Value™ of ¥4.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,554 Chemicals companies, Hebei Jinniu Chemical Industry Co ranks better than 55.98% on this metric.

Hebei Jinniu Chemical Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥56.8 Mil. Hebei Jinniu Chemical Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥72.5 Mil. Hence, Hebei Jinniu Chemical Industry Co's Days Payable for the three months ended in Mar. 2026 was 71.49.

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

SHSE:600722' s Days Payable Range Over the Past 10 Years
Min: 32.75   Med: 58.81   Max: 72.59
Current: 66.73

During the past 13 years, Hebei Jinniu Chemical Industry Co's highest Days Payable was 72.59. The lowest was 32.75. And the median was 58.81.

SHSE:600722's Days Payable is ranked better than
55.98% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs SHSE:600722: 66.73

Hebei Jinniu Chemical Industry Co's Days Payable declined from Mar. 2025 (71.81) to Mar. 2026 (71.49). It may suggest that Hebei Jinniu Chemical Industry Co accelerated paying its suppliers.


Hebei Jinniu Chemical Industry Co Days Payable Related Terms


Hebei Jinniu Chemical Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hebei Jinniu 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.

Hebei Jinniu Chemical Industry Co Days Payable Chart

Hebei Jinniu 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 59.11 58.51 72.59 66.71 65.57

Hebei Jinniu 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 71.81 74.14 61.66 62.60 71.49

SHSE:600722 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Hebei Jinniu 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.


Hebei Jinniu Chemical Industry Co Days Payable vs Chemicals Industry

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

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


SHSE:600722
56GF Score
Hebei Jinniu Chemical Industry Co Ltd SHSE:600722
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hebei Jinniu 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.

Hebei Jinniu 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
=( (64.626 + 61.34) / 2 ) / 350.615*365
=62.983 / 350.615*365
=65.57

Hebei Jinniu 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
=( (61.34 + 52.246) / 2 ) / 72.486*365 / 4
=56.793 / 72.486*365 / 4
=71.49

* 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 71.49 mean?
Hebei Jinniu Chemical Industry Co (SHSE:600722) has a Days Payable of 71.49 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 Hebei Jinniu Chemical Industry Co and its competitors. This is 22% above median its historical median of 58.81. Over the past decade, Hebei Jinniu Chemical Industry Co's Days Payable has ranged from 32.75 to 72.59. According to the industry distribution chart, Hebei Jinniu Chemical Industry Co ranks #684 out of 1554 companies in the Chemicals industry, placing it in the top 44%.
Is Hebei Jinniu Chemical Industry Co's Days Payable too high?
Hebei Jinniu Chemical Industry Co's current Days Payable of 71.49 is 22% above median its 10-year median of 58.81. Over the past 10 years, this metric has ranged from a low of 32.75 to a high of 72.59. The Chemicals industry median Days Payable is 59.88. Hebei Jinniu Chemical Industry Co's value of 71.49 is 19.4% above this industry median. Based on the distribution chart, Hebei Jinniu Chemical Industry Co ranks #684 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hebei Jinniu Chemical Industry Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Jinniu Chemical Industry Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Hebei Jinniu Chemical Industry Co ranks #684 out of 1554 companies for Days Payable. This puts Hebei Jinniu Chemical Industry Co in the upper half of its industry. The industry median Days Payable is 59.88. Hebei Jinniu Chemical Industry Co's value of 71.49 is 19.4% above this benchmark. Historically, Hebei Jinniu Chemical Industry Co's own Days Payable has ranged from 32.75 to 72.59 over the past decade. While the company's 10-year median is 58.81 vs. the industry median of 59.88, Hebei Jinniu Chemical Industry 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 59.88, 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. Hebei Jinniu Chemical Industry Co's current Days Payable of 71.49 is 19.4% 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 Hebei Jinniu Chemical Industry Co and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Jinniu Chemical Industry Co's current Days Payable is 71.49, which is 22% above median its own 10-year median of 58.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Jinniu Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Jinniu Chemical Industry Co (SHSE:600722) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.17, compared to a current price of ¥8.53 — trading 104.6% above its estimated fair value. The current Days Payable is 71.49, which is 22% above median its 10-year median of 58.81 and 19.4% above the Chemicals industry median of 59.88. Hebei Jinniu Chemical Industry Co's overall GF Score™ is 56/100 with 1 warning sign 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 Hebei Jinniu Chemical Industry Co (SHSE:600722), the current Days Payable is 71.49 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 Hebei Jinniu Chemical Industry Co (SHSE:600722) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Jinniu Chemical Industry Co stock appears to be overvalued. The current stock price of ¥8.53 is trading 104.6% above its estimated GF Value™ of ¥4.17. GuruFocus considers Hebei Jinniu Chemical Industry Co to be Significantly Overvalued.

Key valuation signals for SHSE:600722:

  • Days Payable: 71.49 (22% above median its 10-year median of 58.81)
  • GF Value™: ¥4.17 vs. price of ¥8.53 (104.6% above fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 19.4% above the Chemicals median (#684 of 1554)

No single metric tells the full story. See the SHSE:600722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Jinniu Chemical Industry Co Business Description

Address No. 98 Huanghe Avenue, 21st Floor, Aoyi Building, Yuhua District, Hebei Province, Shijiazhuang, CHN, 050000
Hebei Jinniu Chemical Industry Co Ltd is engaged in the manufacturing and sales of acetylene, hydrogen chloride gas, vinyl chloride, hydrochloric acid, compressed air, nitrogen, caustic soda, liquid chlorine, hydrogen, hydrochloric acid, sodium hypochlorite, and sulfuric acid.
56GF Score

Get the complete analysis for SHSE:600722

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

¥8.53
Price
¥4.17
GF Value