Suqian Unitech (SHSE:603065) Days Payable: 90.04 (As of Mar. 2026) — 32% Above Median

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SHSE:603065 Suqian Unitech Corp Ltd SHSE:603065
53 GF Score
Price ¥16.14
GF Value ¥7.34
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Suqian Unitech Days Payable?

Suqian Unitech SHSE:603065 +2.35% 53 Days Payable is 90.04 as of Mar. 2026, which is 32% above its 10-year median of 67.99. GuruFocus rates SHSE:603065 with a GF Score™ of 53/100 and a GF Value™ of ¥7.34 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,555 Chemicals companies, Suqian Unitech ranks better than 69.71% on this metric.

Suqian Unitech's average Accounts Payable for the three months ended in Mar. 2026 was ¥277 Mil. Suqian Unitech's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥281 Mil. Hence, Suqian Unitech's Days Payable for the three months ended in Mar. 2026 was 90.04.

The historical rank and industry rank for Suqian Unitech's Days Payable or its related term are showing as below:

SHSE:603065' s Days Payable Range Over the Past 10 Years
Min: 39.99   Med: 67.99   Max: 90.3
Current: 86.17

During the past 8 years, Suqian Unitech's highest Days Payable was 90.30. The lowest was 39.99. And the median was 67.99.

SHSE:603065's Days Payable is ranked better than
69.71% of 1555 companies
in the Chemicals industry
Industry Median: 59.87 vs SHSE:603065: 86.17

Suqian Unitech's Days Payable increased from Mar. 2025 (80.82) to Mar. 2026 (90.04). It may suggest that Suqian Unitech delayed paying its suppliers.


Suqian Unitech Days Payable Historical Data

* Premium members only.

The historical data trend for Suqian Unitech'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.

Suqian Unitech Days Payable Chart

Suqian Unitech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 45.62 66.21 82.75 72.60 90.30

Suqian Unitech Quarterly Data
Dec20 Jun21 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 80.82 85.36 90.43 88.82 90.04

SHSE:603065 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Suqian Unitech'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.


Suqian Unitech Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suqian Unitech's Days Payable distribution charts can be found below:

* The bar in red indicates where Suqian Unitech's Days Payable falls into.


SHSE:603065
53GF Score
Suqian Unitech Corp Ltd SHSE:603065
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Suqian Unitech 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.

Suqian Unitech'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
=( (257.79 + 296.178) / 2 ) / 1119.572*365
=276.984 / 1119.572*365
=90.30

Suqian Unitech'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
=( (296.178 + 257.854) / 2 ) / 280.737*365 / 4
=277.016 / 280.737*365 / 4
=90.04

* 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 90.04 mean?
Suqian Unitech (SHSE:603065) has a Days Payable of 90.04 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 Suqian Unitech and its competitors. This is 32% above median its historical median of 67.99. Over the past decade, Suqian Unitech's Days Payable has ranged from 39.99 to 90.30. According to the industry distribution chart, Suqian Unitech ranks #471 out of 1555 companies in the Chemicals industry, placing it in the top 30.3%.
Is Suqian Unitech's Days Payable too high?
Suqian Unitech's current Days Payable of 90.04 is 32% above median its 10-year median of 67.99. Over the past 10 years, this metric has ranged from a low of 39.99 to a high of 90.30. The Chemicals industry median Days Payable is 59.87. Suqian Unitech's value of 90.04 is 50.4% above this industry median. Based on the distribution chart, Suqian Unitech ranks #471 out of 1555 companies in the Chemicals industry, which is above the industry midpoint. Overall, Suqian Unitech has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suqian Unitech's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Suqian Unitech ranks #471 out of 1555 companies for Days Payable. This puts Suqian Unitech in the upper half of its industry. The industry median Days Payable is 59.87. Suqian Unitech's value of 90.04 is 50.4% above this benchmark. Historically, Suqian Unitech's own Days Payable has ranged from 39.99 to 90.30 over the past decade. While the company's 10-year median is 67.99 vs. the industry median of 59.87, Suqian Unitech 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 59.87, based on 1,555 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. Suqian Unitech's current Days Payable of 90.04 is 50.4% 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 Suqian Unitech and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suqian Unitech's current Days Payable is 90.04, which is 32% above median its own 10-year median of 67.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suqian Unitech stock overvalued right now?
Based on GuruFocus' analysis, Suqian Unitech (SHSE:603065) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.34, compared to a current price of ¥16.14 — trading 119.9% above its estimated fair value. The current Days Payable is 90.04, which is 32% above median its 10-year median of 67.99 and 50.4% above the Chemicals industry median of 59.87. Suqian Unitech's overall GF Score™ is 53/100 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 Suqian Unitech (SHSE:603065), the current Days Payable is 90.04 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 Suqian Unitech (SHSE:603065) Overvalued in 2026?

Based on GuruFocus' analysis, Suqian Unitech stock appears to be overvalued. The current stock price of ¥16.14 is trading 119.9% above its estimated GF Value™ of ¥7.34. GuruFocus considers Suqian Unitech to be Significantly Overvalued.

Key valuation signals for SHSE:603065:

  • Days Payable: 90.04 (32% above median its 10-year median of 67.99)
  • GF Value™: ¥7.34 vs. price of ¥16.14 (119.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 50.4% above the Chemicals median (#471 of 1555)

No single metric tells the full story. See the SHSE:603065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suqian Unitech Business Description

Address No. 88, Yangzi Road, Ecological Chemical Technology Industrial Park, Jiangsu Province, Suqian, CHN, 223800
Suqian Unitech Corp Ltd is engaged in the research and development, production and sales of anti-aging additives for polymer materials and their intermediates. It specializes in the production of light stabilizers, UV absorbers and other related products.
53GF Score

Get the complete analysis for SHSE:603065

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

¥16.14
Price
¥7.34
GF Value