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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.
MEGA P and C Advanced Materials (Shanghai) Co Days Payable Chart
MEGA P and C Advanced Materials (Shanghai) Co Annual Data
SHSE:603062 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, MEGA P and C Advanced Materials (Shanghai) 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.
MEGA P and C Advanced Materials (Shanghai) Co Days Payable vs Chemicals Industry
MEGA P and C Advanced Materials (Shanghai) 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.
MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) has a Days Payable of 201.81 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 MEGA P and C Advanced Materials (Shanghai) Co and its competitors. This is near median its historical median of 202.54. Over the past decade, MEGA P and C Advanced Materials (Shanghai) Co's Days Payable has ranged from 122.09 to 227.89. According to the industry distribution chart, MEGA P and C Advanced Materials (Shanghai) Co ranks #88 out of 1554 companies in the Chemicals industry, placing it in the top 5.7%.
Is MEGA P and C Advanced Materials (Shanghai) Co's Days Payable too high?
MEGA P and C Advanced Materials (Shanghai) Co's current Days Payable of 201.81 is near median its 10-year median of 202.54. Over the past 10 years, this metric has ranged from a low of 122.09 to a high of 227.89. The Chemicals industry median Days Payable is 59.73. MEGA P and C Advanced Materials (Shanghai) Co's value of 201.81 is 237.9% above this industry median. Based on the distribution chart, MEGA P and C Advanced Materials (Shanghai) Co ranks #88 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, MEGA P and C Advanced Materials (Shanghai) Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MEGA P and C Advanced Materials (Shanghai) Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, MEGA P and C Advanced Materials (Shanghai) Co ranks #88 out of 1554 companies for Days Payable. This places MEGA P and C Advanced Materials (Shanghai) Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.73. MEGA P and C Advanced Materials (Shanghai) Co's value of 201.81 is 237.9% above this benchmark. Historically, MEGA P and C Advanced Materials (Shanghai) Co's own Days Payable has ranged from 122.09 to 227.89 over the past decade. While the company's 10-year median is 202.54 vs. the industry median of 59.73, MEGA P and C Advanced Materials (Shanghai) 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 59.73, 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. MEGA P and C Advanced Materials (Shanghai) Co's current Days Payable of 201.81 is 237.9% 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 MEGA P and C Advanced Materials (Shanghai) Co and its competitors. For the Chemicals industry, the median Days Payable is 59.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEGA P and C Advanced Materials (Shanghai) Co's current Days Payable is 201.81, which is near median its own 10-year median of 202.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEGA P and C Advanced Materials (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) is currently considered Fairly Valued. The stock's GF Value™ is ¥41.33, compared to a current price of ¥38.20 — trading 7.6% below its estimated fair value. The current Days Payable is 201.81, which is near median its 10-year median of 202.54 and 237.9% above the Chemicals industry median of 59.73. MEGA P and C Advanced Materials (Shanghai) Co's overall GF Score™ is 66/100 with 5 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 MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062), the current Days Payable is 201.81 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 MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) Overvalued in 2026?
Based on GuruFocus' analysis, MEGA P and C Advanced Materials (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥38.20 is trading 7.6% below its estimated GF Value™ of ¥41.33.
GuruFocus considers MEGA P and C Advanced Materials (Shanghai) Co to be Fairly Valued.
Key valuation signals for SHSE:603062:
Days Payable: 201.81 (near median its 10-year median of 202.54)
GF Value™: ¥41.33 vs. price of ¥38.20 (7.6% below fair value)
Industry Position: 237.9% above the Chemicals median (#88 of 1554)
No single metric tells the full story. See the SHSE:603062 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEGA P and C Advanced Materials (Shanghai) Co Ltd is engaged in research & development, production and sales of high-performance multi-category coating products.
66GF Score
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