Shandong Jianbang New Material Co (SHSE:603285) Days Payable: 86.30 (As of Mar. 2026) — 75% Above Median

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SHSE:603285 Shandong Jianbang New Material Co Ltd SHSE:603285
19 GF Score
Price ¥40.26
! 3 Warning Signs
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What is Shandong Jianbang New Material Co Days Payable?

Shandong Jianbang New Material Co SHSE:603285 19 Days Payable is 86.30 as of Mar. 2026, which is 75% above its 10-year median of 49.41. GuruFocus rates SHSE:603285 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,552 Chemicals companies, Shandong Jianbang New Material Co ranks better than 61.6% on this metric.

Shandong Jianbang New Material Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥110.1 Mil. Shandong Jianbang New Material Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥116.4 Mil. Hence, Shandong Jianbang New Material Co's Days Payable for the three months ended in Mar. 2026 was 86.30.

The historical rank and industry rank for Shandong Jianbang New Material Co's Days Payable or its related term are showing as below:

SHSE:603285' s Days Payable Range Over the Past 10 Years
Min: 27.82   Med: 49.41   Max: 79.03
Current: 73.58

During the past 7 years, Shandong Jianbang New Material Co's highest Days Payable was 79.03. The lowest was 27.82. And the median was 49.41.

SHSE:603285's Days Payable is ranked better than
61.6% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs SHSE:603285: 73.58

Shandong Jianbang New Material Co's Days Payable increased from Mar. 2025 (67.39) to Mar. 2026 (86.30). It may suggest that Shandong Jianbang New Material Co delayed paying its suppliers.


Shandong Jianbang New Material Co Days Payable Related Terms


Shandong Jianbang New Material Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Jianbang New Material Co'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.

Shandong Jianbang New Material Co Days Payable Chart

Shandong Jianbang New Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 36.04 38.59 27.82 49.41 79.03

Shandong Jianbang New Material Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 67.39 59.22 61.26 83.84 86.30

SHSE:603285 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Shandong Jianbang New Material 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.


Shandong Jianbang New Material Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Jianbang New Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Jianbang New Material Co's Days Payable falls into.


SHSE:603285
19GF Score
Shandong Jianbang New Material Co Ltd SHSE:603285
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Jianbang New Material 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.

Shandong Jianbang New Material Co'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
=( (85.934 + 103.233) / 2 ) / 436.826*365
=94.5835 / 436.826*365
=79.03

Shandong Jianbang New Material Co'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
=( (103.233 + 116.971) / 2 ) / 116.415*365 / 4
=110.102 / 116.415*365 / 4
=86.30

* 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 86.30 mean?
Shandong Jianbang New Material Co (SHSE:603285) has a Days Payable of 86.30 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 Shandong Jianbang New Material Co and its competitors. This is 75% above median its historical median of 49.41. Over the past decade, Shandong Jianbang New Material Co's Days Payable has ranged from 27.82 to 79.03. According to the industry distribution chart, Shandong Jianbang New Material Co ranks #596 out of 1552 companies in the Chemicals industry, placing it in the top 38.4%.
Is Shandong Jianbang New Material Co's Days Payable too high?
Shandong Jianbang New Material Co's current Days Payable of 86.30 is 75% above median its 10-year median of 49.41. Over the past 10 years, this metric has ranged from a low of 27.82 to a high of 79.03. The Chemicals industry median Days Payable is 59.65. Shandong Jianbang New Material Co's value of 86.30 is 44.7% above this industry median. Based on the distribution chart, Shandong Jianbang New Material Co ranks #596 out of 1552 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shandong Jianbang New Material Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Jianbang New Material Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shandong Jianbang New Material Co ranks #596 out of 1552 companies for Days Payable. This puts Shandong Jianbang New Material Co in the upper half of its industry. The industry median Days Payable is 59.65. Shandong Jianbang New Material Co's value of 86.30 is 44.7% above this benchmark. Historically, Shandong Jianbang New Material Co's own Days Payable has ranged from 27.82 to 79.03 over the past decade. While the company's 10-year median is 49.41 vs. the industry median of 59.65, Shandong Jianbang New Material 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 59.65, based on 1,552 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. Shandong Jianbang New Material Co's current Days Payable of 86.30 is 44.7% 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 Shandong Jianbang New Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Jianbang New Material Co's current Days Payable is 86.30, which is 75% above median its own 10-year median of 49.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Jianbang New Material Co stock overvalued right now?
Shandong Jianbang New Material Co (SHSE:603285) has a current Days Payable of 86.30. The current Days Payable is 86.30, which is 75% above median its 10-year median of 49.41 and 44.7% above the Chemicals industry median of 59.65. Shandong Jianbang New Material Co's overall GF Score™ is 19/100 with 3 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 Shandong Jianbang New Material Co (SHSE:603285), the current Days Payable is 86.30 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.

Shandong Jianbang New Material Co Business Description

Address Jining New Materials Industrial Park, Huji Town, Jinxiang County, Shandong Province, Jining, CHN, 272200
Shandong Jianbang New Material Co Ltd is engaged in research and development, production and sales of environmentally friendly additives for polymer materials.
19GF Score

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