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* 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.
Inner Mongolia Jinmei Chemical Technology Co Days Payable Chart
Inner Mongolia Jinmei Chemical Technology Co Annual Data
* 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.
Inner Mongolia Jinmei Chemical Technology Co Days Payable vs Chemicals Industry
Inner Mongolia Jinmei 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.
* 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.
Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) has a Days Payable of 179.99 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 Inner Mongolia Jinmei Chemical Technology Co and its competitors. This is 111% above median its historical median of 85.16. Over the past decade, Inner Mongolia Jinmei Chemical Technology Co's Days Payable has ranged from 67.19 to 158.81. According to the industry distribution chart, Inner Mongolia Jinmei Chemical Technology Co ranks #166 out of 1554 companies in the Chemicals industry, placing it in the top 10.7%.
Is Inner Mongolia Jinmei Chemical Technology Co's Days Payable too high?
Inner Mongolia Jinmei Chemical Technology Co's current Days Payable of 179.99 is 111% above median its 10-year median of 85.16. Over the past 10 years, this metric has ranged from a low of 67.19 to a high of 158.81. The Chemicals industry median Days Payable is 59.57. Inner Mongolia Jinmei Chemical Technology Co's value of 179.99 is 202.2% above this industry median. Based on the distribution chart, Inner Mongolia Jinmei Chemical Technology Co ranks #166 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Inner Mongolia Jinmei Chemical Technology Co has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia Jinmei Chemical Technology Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Inner Mongolia Jinmei Chemical Technology Co ranks #166 out of 1554 companies for Days Payable. This places Inner Mongolia Jinmei Chemical Technology Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Inner Mongolia Jinmei Chemical Technology Co's value of 179.99 is 202.2% above this benchmark. Historically, Inner Mongolia Jinmei Chemical Technology Co's own Days Payable has ranged from 67.19 to 158.81 over the past decade. While the company's 10-year median is 85.16 vs. the industry median of 59.57, Inner Mongolia Jinmei 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 59.57, 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. Inner Mongolia Jinmei Chemical Technology Co's current Days Payable of 179.99 is 202.2% 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 Inner Mongolia Jinmei Chemical Technology Co 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. Inner Mongolia Jinmei Chemical Technology Co's current Days Payable is 179.99, which is 111% above median its own 10-year median of 85.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia Jinmei Chemical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.82, compared to a current price of ¥2.82 — trading right at its estimated fair value. The current Days Payable is 179.99, which is 111% above median its 10-year median of 85.16 and 202.2% above the Chemicals industry median of 59.57. Inner Mongolia Jinmei Chemical Technology Co's overall GF Score™ is 42/100 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 Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844), the current Days Payable is 179.99 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 Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) Overvalued in 2026?
Based on GuruFocus' analysis, Inner Mongolia Jinmei Chemical Technology Co stock appears to be undervalued.
The current stock price of ¥2.82 is trading 0% below its estimated GF Value™ of ¥2.82.
GuruFocus considers Inner Mongolia Jinmei Chemical Technology Co to be Fairly Valued.
Key valuation signals for SHSE:600844:
Days Payable: 179.99 (111% above median its 10-year median of 85.16)
GF Value™: ¥2.82 vs. price of ¥2.82 (0% below fair value)
Industry Position: 202.2% above the Chemicals median (#166 of 1554)
No single metric tells the full story. See the SHSE:600844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inner Mongolia Jinmei Chemical Technology Co Business Description
Inner Mongolia Jinmei Chemical Technology Co Ltd Formerly Danhua Chemical Technology Co Ltd is a China-based company engaged in the manufacture and distribution of chemical products. At present, the company mainly produces ethylene glycol and oxalic acid from lignite through the coal-to-ethylene glycol chemical plant.
42GF Score
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