Kente Catalysts (SHSE:603120) Days Payable: 53.90 (As of Mar. 2026) — Near Median

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SHSE:603120 Kente Catalysts Inc SHSE:603120
36 GF Score
Price ¥47.59
! 4 Warning Signs
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What is Kente Catalysts Days Payable?

Kente Catalysts SHSE:603120 +6.25% 36 Days Payable is 53.90 as of Mar. 2026, which is 8% above its 10-year median of 49.96. GuruFocus rates SHSE:603120 with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,555 Chemicals companies, Kente Catalysts ranks worse than 65.21% on this metric.

Kente Catalysts's average Accounts Payable for the three months ended in Mar. 2026 was ¥72.3 Mil. Kente Catalysts's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥122.4 Mil. Hence, Kente Catalysts's Days Payable for the three months ended in Mar. 2026 was 53.90.

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

SHSE:603120' s Days Payable Range Over the Past 10 Years
Min: 32.3   Med: 49.96   Max: 89.77
Current: 44.87

During the past 13 years, Kente Catalysts's highest Days Payable was 89.77. The lowest was 32.30. And the median was 49.96.

SHSE:603120's Days Payable is ranked worse than
65.21% of 1555 companies
in the Chemicals industry
Industry Median: 59.91 vs SHSE:603120: 44.87

Kente Catalysts's Days Payable increased from Mar. 2025 (33.83) to Mar. 2026 (53.90). It may suggest that Kente Catalysts delayed paying its suppliers.


Kente Catalysts Days Payable Historical Data

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The historical data trend for Kente Catalysts'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.

Kente Catalysts Days Payable Chart

Kente Catalysts 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 80.89 48.57 39.33 32.30 39.18

Kente Catalysts Quarterly Data
Jun18 Dec18 Jun19 Dec19 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 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 33.83 37.52 41.14 41.37 53.90

SHSE:603120 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Kente Catalysts'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.


Kente Catalysts Days Payable vs Chemicals Industry

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

* The bar in red indicates where Kente Catalysts's Days Payable falls into.


SHSE:603120
36GF Score
Kente Catalysts Inc SHSE:603120
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kente Catalysts 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.

Kente Catalysts'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
=( (30.262 + 65.505) / 2 ) / 446.034*365
=47.8835 / 446.034*365
=39.18

Kente Catalysts'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
=( (65.505 + 79.137) / 2 ) / 122.447*365 / 4
=72.321 / 122.447*365 / 4
=53.90

* 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 53.90 mean?
Kente Catalysts (SHSE:603120) has a Days Payable of 53.90 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 Kente Catalysts and its competitors. This is near median its historical median of 49.96. Over the past decade, Kente Catalysts' Days Payable has ranged from 32.30 to 89.77. According to the industry distribution chart, Kente Catalysts ranks #1014 out of 1555 companies in the Chemicals industry, placing it in the top 65.2%.
Is Kente Catalysts' Days Payable too high?
Kente Catalysts' current Days Payable of 53.90 is near median its 10-year median of 49.96. Over the past 10 years, this metric has ranged from a low of 32.30 to a high of 89.77. The Chemicals industry median Days Payable is 59.91. Kente Catalysts' value of 53.90 is 10% below this industry median. Based on the distribution chart, Kente Catalysts ranks #1014 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, Kente Catalysts has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Kente Catalysts' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kente Catalysts ranks #1014 out of 1555 companies for Days Payable. This places Kente Catalysts in the lower half of its industry. The industry median Days Payable is 59.91. Kente Catalysts' value of 53.90 is 10% below this benchmark. Historically, Kente Catalysts' own Days Payable has ranged from 32.30 to 89.77 over the past decade. While the company's 10-year median is 49.96 vs. the industry median of 59.91, Kente Catalysts has consistently been below 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 59.91, 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. Kente Catalysts's current Days Payable of 53.90 is 10% below 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 Kente Catalysts and its competitors. For the Chemicals industry, the median Days Payable is 59.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kente Catalysts's current Days Payable is 53.90, which is near median its own 10-year median of 49.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kente Catalysts stock overvalued right now?
Kente Catalysts (SHSE:603120) has a current Days Payable of 53.90. The current Days Payable is 53.90, which is near median its 10-year median of 49.96 and 10% below the Chemicals industry median of 59.91. Kente Catalysts' overall GF Score™ is 36/100 with 4 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 Kente Catalysts (SHSE:603120), the current Days Payable is 53.90 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.

Kente Catalysts Business Description

Address Fuying Street, Modern Industrial Cluster Area, Xianju County, Zhejiang Province, Taizhou, CHN, 317306
Kente Catalysts Inc is engaged in the research and development, production and sales of quaternary ammonium (phosphonium) compound products. The company has product series including quaternary ammonium salts, quaternary ammonium bases, quaternary phosphonium salts and crown ethers.
36GF Score

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

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