Kailuan Energy Chemical Co (SHSE:600997) Days Payable: 87.51 (As of Mar. 2026) — Near Median

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SHSE:600997 Kailuan Energy Chemical Co Ltd SHSE:600997
60 GF Score
Price ¥5.18
GF Value ¥5.32
Valuation Fairly Valued
! 9 Warning Signs
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What is Kailuan Energy Chemical Co Days Payable?

Kailuan Energy Chemical Co SHSE:600997 +0.39% 60 Days Payable is 87.51 as of Mar. 2026, which is 7% below its 10-year median of 93.96. GuruFocus rates SHSE:600997 with a GF Score™ of 60/100 and a GF Value™ of ¥5.32 (Fairly Valued). The stock has 9 warning signs investors should review. Among 598 Steel companies, Kailuan Energy Chemical Co ranks better than 79.43% on this metric.

Kailuan Energy Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,951 Mil. Kailuan Energy Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥4,120 Mil. Hence, Kailuan Energy Chemical Co's Days Payable for the three months ended in Mar. 2026 was 87.51.

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

SHSE:600997' s Days Payable Range Over the Past 10 Years
Min: 78.11   Med: 93.96   Max: 106.88
Current: 88.77

During the past 13 years, Kailuan Energy Chemical Co's highest Days Payable was 106.88. The lowest was 78.11. And the median was 93.96.

SHSE:600997's Days Payable is ranked better than
79.43% of 598 companies
in the Steel industry
Industry Median: 41.385 vs SHSE:600997: 88.77

Kailuan Energy Chemical Co's Days Payable declined from Mar. 2025 (93.90) to Mar. 2026 (87.51). It may suggest that Kailuan Energy Chemical Co accelerated paying its suppliers.


Kailuan Energy Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kailuan Energy Chemical 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.

Kailuan Energy Chemical Co Days Payable Chart

Kailuan Energy Chemical 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 93.38 96.25 106.88 95.55 94.53

Kailuan Energy Chemical 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 93.90 97.69 86.17 81.90 87.51

SHSE:600997 vs HCC, AMR, METC: Days Payable Comparison

For the Coking Coal subindustry, Kailuan Energy Chemical 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.


Kailuan Energy Chemical Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Kailuan Energy Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kailuan Energy Chemical Co's Days Payable falls into.


SHSE:600997
60GF Score
Kailuan Energy Chemical Co Ltd SHSE:600997
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kailuan Energy Chemical 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.

Kailuan Energy Chemical 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
=( (4359.884 + 3793.969) / 2 ) / 15741.788*365
=4076.9265 / 15741.788*365
=94.53

Kailuan Energy Chemical 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
=( (3793.969 + 4108.244) / 2 ) / 4119.735*365 / 4
=3951.1065 / 4119.735*365 / 4
=87.51

* 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 87.51 mean?
Kailuan Energy Chemical Co (SHSE:600997) has a Days Payable of 87.51 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 Kailuan Energy Chemical Co and its competitors. This is near median its historical median of 93.96. Over the past decade, Kailuan Energy Chemical Co's Days Payable has ranged from 78.11 to 106.88. According to the industry distribution chart, Kailuan Energy Chemical Co ranks #123 out of 598 companies in the Steel industry, placing it in the top 20.6%.
Is Kailuan Energy Chemical Co's Days Payable too high?
Kailuan Energy Chemical Co's current Days Payable of 87.51 is near median its 10-year median of 93.96. Over the past 10 years, this metric has ranged from a low of 78.11 to a high of 106.88. The Steel industry median Days Payable is 41.39. Kailuan Energy Chemical Co's value of 87.51 is 111.5% above this industry median. Based on the distribution chart, Kailuan Energy Chemical Co ranks #123 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kailuan Energy Chemical Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kailuan Energy Chemical Co's Days Payable compare to HCC and AMR?
According to the Steel industry distribution chart, Kailuan Energy Chemical Co ranks #123 out of 598 companies for Days Payable. This places Kailuan Energy Chemical Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Kailuan Energy Chemical Co's value of 87.51 is 111.5% above this benchmark. Historically, Kailuan Energy Chemical Co's own Days Payable has ranged from 78.11 to 106.88 over the past decade. While the company's 10-year median is 93.96 vs. the industry median of 41.39, Kailuan Energy Chemical 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Kailuan Energy Chemical Co's current Days Payable of 87.51 is 111.5% 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 Kailuan Energy Chemical Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kailuan Energy Chemical Co's current Days Payable is 87.51, which is near median its own 10-year median of 93.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kailuan Energy Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Kailuan Energy Chemical Co (SHSE:600997) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.32, compared to a current price of ¥5.18 — trading 2.6% below its estimated fair value. The current Days Payable is 87.51, which is near median its 10-year median of 93.96 and 111.5% above the Steel industry median of 41.39. Kailuan Energy Chemical Co's overall GF Score™ is 60/100 with 9 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 Kailuan Energy Chemical Co (SHSE:600997), the current Days Payable is 87.51 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 Kailuan Energy Chemical Co (SHSE:600997) Overvalued in 2026?

Based on GuruFocus' analysis, Kailuan Energy Chemical Co stock appears to be undervalued. The current stock price of ¥5.18 is trading 2.6% below its estimated GF Value™ of ¥5.32. GuruFocus considers Kailuan Energy Chemical Co to be Fairly Valued.

Key valuation signals for SHSE:600997:

  • Days Payable: 87.51 (near median its 10-year median of 93.96)
  • GF Value™: ¥5.32 vs. price of ¥5.18 (2.6% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 111.5% above the Steel median (#123 of 598)

No single metric tells the full story. See the SHSE:600997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kailuan Energy Chemical Co Business Description

Address No. 70 Xinhua East Road, East Building, Hebei, Tangshan, CHN, 63018
Kailuan Energy Chemical Co Ltd is engaged in the processing and distribution of coal in China. It also produces raw coal products and washed coal products, as well as metallurgical coke, methanol, pure benzole and other coking products. Geographically the business activities are carried out through China.
60GF Score

Get the complete analysis for SHSE:600997

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

¥5.18
Price
¥5.32
GF Value