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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.
Shida Shinghwa Advanced Material Group Co Days Payable Chart
Shida Shinghwa Advanced Material Group Co Annual Data
For the Chemicals subindustry, Shida Shinghwa Advanced Material Group 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.
Shida Shinghwa Advanced Material Group Co Days Payable vs Chemicals Industry
Shida Shinghwa Advanced Material Group 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.
Shida Shinghwa Advanced Material Group Co (SHSE:603026) has a Days Payable of 87.02 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 Shida Shinghwa Advanced Material Group Co and its competitors. This is 168% above median its historical median of 32.50. Over the past decade, Shida Shinghwa Advanced Material Group Co's Days Payable has ranged from 21.88 to 128.18. According to the industry distribution chart, Shida Shinghwa Advanced Material Group Co ranks #243 out of 1558 companies in the Chemicals industry, placing it in the top 15.6%.
Is Shida Shinghwa Advanced Material Group Co's Days Payable too high?
Shida Shinghwa Advanced Material Group Co's current Days Payable of 87.02 is 168% above median its 10-year median of 32.50. Over the past 10 years, this metric has ranged from a low of 21.88 to a high of 128.18. The Chemicals industry median Days Payable is 59.93. Shida Shinghwa Advanced Material Group Co's value of 87.02 is 45.2% above this industry median. Based on the distribution chart, Shida Shinghwa Advanced Material Group Co ranks #243 out of 1558 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shida Shinghwa Advanced Material Group Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shida Shinghwa Advanced Material Group Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shida Shinghwa Advanced Material Group Co ranks #243 out of 1558 companies for Days Payable. This places Shida Shinghwa Advanced Material Group Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.93. Shida Shinghwa Advanced Material Group Co's value of 87.02 is 45.2% above this benchmark. Historically, Shida Shinghwa Advanced Material Group Co's own Days Payable has ranged from 21.88 to 128.18 over the past decade. While the company's 10-year median is 32.50 vs. the industry median of 59.93, Shida Shinghwa Advanced Material Group 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 59.93, based on 1,558 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. Shida Shinghwa Advanced Material Group Co's current Days Payable of 87.02 is 45.2% 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 Shida Shinghwa Advanced Material Group Co and its competitors. For the Chemicals industry, the median Days Payable is 59.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shida Shinghwa Advanced Material Group Co's current Days Payable is 87.02, which is 168% above median its own 10-year median of 32.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shida Shinghwa Advanced Material Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shida Shinghwa Advanced Material Group Co (SHSE:603026) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.00, compared to a current price of ¥66.94 — trading 59.4% above its estimated fair value. The current Days Payable is 87.02, which is 168% above median its 10-year median of 32.50 and 45.2% above the Chemicals industry median of 59.93. Shida Shinghwa Advanced Material Group Co's overall GF Score™ is 60/100 with 11 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 Shida Shinghwa Advanced Material Group Co (SHSE:603026), the current Days Payable is 87.02 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 Shida Shinghwa Advanced Material Group Co (SHSE:603026) Overvalued in 2026?
Based on GuruFocus' analysis, Shida Shinghwa Advanced Material Group Co stock appears to be overvalued.
The current stock price of ¥66.94 is trading 59.4% above its estimated GF Value™ of ¥42.00.
GuruFocus considers Shida Shinghwa Advanced Material Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603026:
Days Payable: 87.02 (168% above median its 10-year median of 32.50)
GF Value™: ¥42.00 vs. price of ¥66.94 (59.4% above fair value)
Industry Position: 45.2% above the Chemicals median (#243 of 1558)
No single metric tells the full story. See the SHSE:603026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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