Xinjiang Joinworld Co (SHSE:600888) Days Payable: 176.69 (As of Mar. 2026) — 48% Above Median

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SHSE:600888 Xinjiang Joinworld Co Ltd SHSE:600888
56 GF Score
Price ¥8.77
GF Value ¥7.93
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Xinjiang Joinworld Co Days Payable?

Xinjiang Joinworld Co SHSE:600888 -4.26% 56 Days Payable is 176.69 as of Mar. 2026, which is 48% above its 10-year median of 119.40. GuruFocus rates SHSE:600888 with a GF Score™ of 56/100 and a GF Value™ of ¥7.93 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,063 Metals & Mining companies, Xinjiang Joinworld Co ranks better than 52.68% on this metric.

Xinjiang Joinworld Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,746 Mil. Xinjiang Joinworld Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,418 Mil. Hence, Xinjiang Joinworld Co's Days Payable for the three months ended in Mar. 2026 was 176.69.

The historical rank and industry rank for Xinjiang Joinworld Co's Days Payable or its related term are showing as below:

SHSE:600888' s Days Payable Range Over the Past 10 Years
Min: 76.89   Med: 119.4   Max: 146.79
Current: 146.79

During the past 13 years, Xinjiang Joinworld Co's highest Days Payable was 146.79. The lowest was 76.89. And the median was 119.40.

SHSE:600888's Days Payable is ranked better than
52.68% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs SHSE:600888: 146.79

Xinjiang Joinworld Co's Days Payable increased from Mar. 2025 (150.03) to Mar. 2026 (176.69). It may suggest that Xinjiang Joinworld Co delayed paying its suppliers.


Xinjiang Joinworld Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xinjiang Joinworld 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.

Xinjiang Joinworld Co Days Payable Chart

Xinjiang Joinworld 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 76.89 94.82 128.19 133.75 142.03

Xinjiang Joinworld 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 150.03 139.44 137.37 142.25 176.69

SHSE:600888 vs AA: Days Payable Comparison

For the Aluminum subindustry, Xinjiang Joinworld 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.


Xinjiang Joinworld Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xinjiang Joinworld Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xinjiang Joinworld Co's Days Payable falls into.


SHSE:600888
56GF Score
Xinjiang Joinworld Co Ltd SHSE:600888
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xinjiang Joinworld 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.

Xinjiang Joinworld 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
=( (2669.787 + 2922.52) / 2 ) / 7185.794*365
=2796.1535 / 7185.794*365
=142.03

Xinjiang Joinworld 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
=( (2922.52 + 2568.696) / 2 ) / 1417.916*365 / 4
=2745.608 / 1417.916*365 / 4
=176.69

* 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 176.69 mean?
Xinjiang Joinworld Co (SHSE:600888) has a Days Payable of 176.69 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 Xinjiang Joinworld Co and its competitors. This is 48% above median its historical median of 119.40. Over the past decade, Xinjiang Joinworld Co's Days Payable has ranged from 76.89 to 146.79. According to the industry distribution chart, Xinjiang Joinworld Co ranks #503 out of 1063 companies in the Metals & Mining industry, placing it in the top 47.3%.
Is Xinjiang Joinworld Co's Days Payable too high?
Xinjiang Joinworld Co's current Days Payable of 176.69 is 48% above median its 10-year median of 119.40. Over the past 10 years, this metric has ranged from a low of 76.89 to a high of 146.79. The Metals & Mining industry median Days Payable is 125.60. Xinjiang Joinworld Co's value of 176.69 is 40.7% above this industry median. Based on the distribution chart, Xinjiang Joinworld Co ranks #503 out of 1063 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Xinjiang Joinworld Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Joinworld Co's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Xinjiang Joinworld Co ranks #503 out of 1063 companies for Days Payable. This puts Xinjiang Joinworld Co in the upper half of its industry. The industry median Days Payable is 125.60. Xinjiang Joinworld Co's value of 176.69 is 40.7% above this benchmark. Historically, Xinjiang Joinworld Co's own Days Payable has ranged from 76.89 to 146.79 over the past decade. While the company's 10-year median is 119.40 vs. the industry median of 125.60, Xinjiang Joinworld 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.60, based on 1,063 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. Xinjiang Joinworld Co's current Days Payable of 176.69 is 40.7% 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 Xinjiang Joinworld Co and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Joinworld Co's current Days Payable is 176.69, which is 48% above median its own 10-year median of 119.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Joinworld Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Joinworld Co (SHSE:600888) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.93, compared to a current price of ¥8.77 — trading 10.6% above its estimated fair value. The current Days Payable is 176.69, which is 48% above median its 10-year median of 119.40 and 40.7% above the Metals & Mining industry median of 125.60. Xinjiang Joinworld Co's overall GF Score™ is 56/100 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 Xinjiang Joinworld Co (SHSE:600888), the current Days Payable is 176.69 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 Xinjiang Joinworld Co (SHSE:600888) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Joinworld Co stock appears to be overvalued. The current stock price of ¥8.77 is trading 10.6% above its estimated GF Value™ of ¥7.93. GuruFocus considers Xinjiang Joinworld Co to be Modestly Overvalued.

Key valuation signals for SHSE:600888:

  • Days Payable: 176.69 (48% above median its 10-year median of 119.40)
  • GF Value™: ¥7.93 vs. price of ¥8.77 (10.6% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 40.7% above the Metals & Mining median (#503 of 1063)

No single metric tells the full story. See the SHSE:600888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Joinworld Co Business Description

Address No. 18 Kashi East Road, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830013
Xinjiang Joinworld Co Ltd is a producer of high purity aluminum and electronic aluminum foil in China. The products are sold in domestic markets as well as in Japan, Europe, Southeast Asia and Taiwan.
56GF Score

Get the complete analysis for SHSE:600888

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

¥8.77
Price
¥7.93
GF Value