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Grace Fabric Technology CoSHSE:603256 -6.44%66 Days Payable is 53.97 as of Mar. 2026, which is 15% below its 10-year median of 63.21. GuruFocus rates SHSE:603256 with a GF Score™ of 66/100 and a GF Value™ of ¥20.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,553 Chemicals companies, Grace Fabric Technology Co ranks worse than 63.75% on this metric.
* 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.
SHSE:603256 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Grace Fabric Technology 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.
Grace Fabric Technology Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Grace Fabric Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Grace Fabric Technology Co's Days Payable falls into.
Grace Fabric Technology 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.
Grace Fabric Technology Co (SHSE:603256) has a Days Payable of 53.97 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 Grace Fabric Technology Co and its competitors. This is 15% below median its historical median of 63.21. Over the past decade, Grace Fabric Technology Co's Days Payable has ranged from 36.52 to 97.89. According to the industry distribution chart, Grace Fabric Technology Co ranks #990 out of 1553 companies in the Chemicals industry, placing it in the top 63.7%.
Is Grace Fabric Technology Co's Days Payable too high?
Grace Fabric Technology Co's current Days Payable of 53.97 is 15% below median its 10-year median of 63.21. Over the past 10 years, this metric has ranged from a low of 36.52 to a high of 97.89. The Chemicals industry median Days Payable is 59.54. Grace Fabric Technology Co's value of 53.97 is 9.4% below this industry median. Based on the distribution chart, Grace Fabric Technology Co ranks #990 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Grace Fabric Technology Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grace Fabric Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Grace Fabric Technology Co ranks #990 out of 1553 companies for Days Payable. This places Grace Fabric Technology Co in the lower half of its industry. The industry median Days Payable is 59.54. Grace Fabric Technology Co's value of 53.97 is 9.4% below this benchmark. Historically, Grace Fabric Technology Co's own Days Payable has ranged from 36.52 to 97.89 over the past decade. While the company's 10-year median is 63.21 vs. the industry median of 59.54, Grace Fabric Technology Co 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 59.54, based on 1,553 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. Grace Fabric Technology Co's current Days Payable of 53.97 is 9.4% 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 Grace Fabric Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Fabric Technology Co's current Days Payable is 53.97, which is 15% below median its own 10-year median of 63.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Fabric Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Grace Fabric Technology Co (SHSE:603256) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.91, compared to a current price of ¥139.07 — trading 565.1% above its estimated fair value. The current Days Payable is 53.97, which is 15% below median its 10-year median of 63.21 and 9.4% below the Chemicals industry median of 59.54. Grace Fabric Technology Co's overall GF Score™ is 66/100 with 6 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 Grace Fabric Technology Co (SHSE:603256), the current Days Payable is 53.97 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 Grace Fabric Technology Co (SHSE:603256) Overvalued in 2026?
Based on GuruFocus' analysis, Grace Fabric Technology Co stock appears to be overvalued.
The current stock price of ¥139.07 is trading 565.1% above its estimated GF Value™ of ¥20.91.
GuruFocus considers Grace Fabric Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603256:
Days Payable: 53.97 (15% below median its 10-year median of 63.21)
GF Value™: ¥20.91 vs. price of ¥139.07 (565.1% above fair value)
Industry Position: 9.4% below the Chemicals median (#990 of 1553)
No single metric tells the full story. See the SHSE:603256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grace Fabric Technology Co Ltd is mainly engaged in the research and development, production and sales of electronic grade glass fiber cloth. The company's main products are high-end electronic grade glass fiber cloth products, mainly including ultra-thin, ultra-thin, thin electronic grade fiberglass cloth.
66GF Score
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