Changyu Holding Group Co (SHSE:603407) Days Payable: 50.42 (As of Mar. 2026) — 26% Above Median

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SHSE:603407 Changyu Holding Group Co Ltd SHSE:603407
18 GF Score
Price ¥58.17
! 2 Warning Signs
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What is Changyu Holding Group Co Days Payable?

Changyu Holding Group Co SHSE:603407 -7.39% 18 Days Payable is 50.42 as of Mar. 2026, which is 26% above its 10-year median of 39.90. GuruFocus rates SHSE:603407 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,553 Chemicals companies, Changyu Holding Group Co ranks worse than 81.71% on this metric.

Changyu Holding Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥152 Mil. Changyu Holding Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥274 Mil. Hence, Changyu Holding Group Co's Days Payable for the three months ended in Mar. 2026 was 50.42.

The historical rank and industry rank for Changyu Holding Group Co's Days Payable or its related term are showing as below:

SHSE:603407' s Days Payable Range Over the Past 10 Years
Min: 28.37   Med: 39.9   Max: 40.07
Current: 28.37

During the past 4 years, Changyu Holding Group Co's highest Days Payable was 40.07. The lowest was 28.37. And the median was 39.90.

SHSE:603407's Days Payable is ranked worse than
81.71% of 1553 companies
in the Chemicals industry
Industry Median: 59.59 vs SHSE:603407: 28.37

Changyu Holding Group Co's Days Payable increased from Mar. 2025 (41.52) to Mar. 2026 (50.42). It may suggest that Changyu Holding Group Co delayed paying its suppliers.


Changyu Holding Group Co Days Payable Historical Data

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The historical data trend for Changyu Holding Group 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.

Changyu Holding Group Co Days Payable Chart

Changyu Holding Group Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
39.77 39.92 40.07 39.88

Changyu Holding Group Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 41.52 37.86 0.00 10.72 50.42

SHSE:603407 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Changyu Holding Group 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.


Changyu Holding Group Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Changyu Holding Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changyu Holding Group Co's Days Payable falls into.


SHSE:603407
18GF Score
Changyu Holding Group Co Ltd SHSE:603407
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Changyu Holding Group 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.

Changyu Holding Group 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
=( (134.299 + 156.03) / 2 ) / 1328.635*365
=145.1645 / 1328.635*365
=39.88

Changyu Holding Group 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
=( (156.03 + 146.977) / 2 ) / 274.187*365 / 4
=151.5035 / 274.187*365 / 4
=50.42

* 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 50.42 mean?
Changyu Holding Group Co (SHSE:603407) has a Days Payable of 50.42 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 Changyu Holding Group Co and its competitors. This is 26% above median its historical median of 39.90. Over the past decade, Changyu Holding Group Co's Days Payable has ranged from 28.37 to 40.07. According to the industry distribution chart, Changyu Holding Group Co ranks #1269 out of 1553 companies in the Chemicals industry, placing it in the top 81.7%.
Is Changyu Holding Group Co's Days Payable too high?
Changyu Holding Group Co's current Days Payable of 50.42 is 26% above median its 10-year median of 39.90. Over the past 10 years, this metric has ranged from a low of 28.37 to a high of 40.07. The Chemicals industry median Days Payable is 59.59. Changyu Holding Group Co's value of 50.42 is 15.4% below this industry median. Based on the distribution chart, Changyu Holding Group Co ranks #1269 out of 1553 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Changyu Holding Group Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Changyu Holding Group Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Changyu Holding Group Co ranks #1269 out of 1553 companies for Days Payable. This places Changyu Holding Group Co in the lower half of its industry. The industry median Days Payable is 59.59. Changyu Holding Group Co's value of 50.42 is 15.4% below this benchmark. Historically, Changyu Holding Group Co's own Days Payable has ranged from 28.37 to 40.07 over the past decade. While the company's 10-year median is 39.90 vs. the industry median of 59.59, Changyu Holding Group 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 59.59, 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. Changyu Holding Group Co's current Days Payable of 50.42 is 15.4% 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 Changyu Holding Group Co and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changyu Holding Group Co's current Days Payable is 50.42, which is 26% above median its own 10-year median of 39.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changyu Holding Group Co stock overvalued right now?
Changyu Holding Group Co (SHSE:603407) has a current Days Payable of 50.42. The current Days Payable is 50.42, which is 26% above median its 10-year median of 39.90 and 15.4% below the Chemicals industry median of 59.59. Changyu Holding Group Co's overall GF Score™ is 18/100 with 2 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 Changyu Holding Group Co (SHSE:603407), the current Days Payable is 50.42 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.

Changyu Holding Group Co Business Description

Address No. 49, Minxiang Road, High-tech Zone, Shandong Province, Zibo, CHN, 255000
Changyu Holding Group Co Ltd is engaged in the research, development, production, and sale of zirconium products, specialty nylon products, and fine chemical products. Its main products include zirconium oxide, zirconium oxychloride, nano-zirconia powder materials, long-chain specialty nylon materials, long-chain dicarboxylic acids, and long-chain diols, which are used in the automotive, home appliance, communications, smart wearable, high-performance ceramics, and medical and pharmaceutical industries. It exports its products to Europe, the United States, Japan, South Korea, India, Southeast Asia, and other countries and regions.
18GF Score

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