Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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:603663 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Sanxiang Advanced Materials 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.
Sanxiang Advanced Materials Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sanxiang Advanced Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Sanxiang Advanced Materials Co's Days Payable falls into.
Sanxiang Advanced Materials 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.
Sanxiang Advanced Materials Co (SHSE:603663) has a Days Payable of 125.98 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 Sanxiang Advanced Materials Co and its competitors. This is 71% above median its historical median of 73.78. Over the past decade, Sanxiang Advanced Materials Co's Days Payable has ranged from 67.84 to 129.41. According to the industry distribution chart, Sanxiang Advanced Materials Co ranks #289 out of 1554 companies in the Chemicals industry, placing it in the top 18.6%.
Is Sanxiang Advanced Materials Co's Days Payable too high?
Sanxiang Advanced Materials Co's current Days Payable of 125.98 is 71% above median its 10-year median of 73.78. Over the past 10 years, this metric has ranged from a low of 67.84 to a high of 129.41. The Chemicals industry median Days Payable is 59.88. Sanxiang Advanced Materials Co's value of 125.98 is 110.4% above this industry median. Based on the distribution chart, Sanxiang Advanced Materials Co ranks #289 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sanxiang Advanced Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanxiang Advanced Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sanxiang Advanced Materials Co ranks #289 out of 1554 companies for Days Payable. This places Sanxiang Advanced Materials Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.88. Sanxiang Advanced Materials Co's value of 125.98 is 110.4% above this benchmark. Historically, Sanxiang Advanced Materials Co's own Days Payable has ranged from 67.84 to 129.41 over the past decade. While the company's 10-year median is 73.78 vs. the industry median of 59.88, Sanxiang Advanced Materials 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 59.88, based on 1,554 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. Sanxiang Advanced Materials Co's current Days Payable of 125.98 is 110.4% 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 Sanxiang Advanced Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanxiang Advanced Materials Co's current Days Payable is 125.98, which is 71% above median its own 10-year median of 73.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanxiang Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Sanxiang Advanced Materials Co (SHSE:603663) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.31, compared to a current price of ¥41.81 — trading 173.1% above its estimated fair value. The current Days Payable is 125.98, which is 71% above median its 10-year median of 73.78 and 110.4% above the Chemicals industry median of 59.88. Sanxiang Advanced Materials Co's overall GF Score™ is 60/100 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 Sanxiang Advanced Materials Co (SHSE:603663), the current Days Payable is 125.98 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 Sanxiang Advanced Materials Co (SHSE:603663) Overvalued in 2026?
Based on GuruFocus' analysis, Sanxiang Advanced Materials Co stock appears to be overvalued.
The current stock price of ¥41.81 is trading 173.1% above its estimated GF Value™ of ¥15.31.
GuruFocus considers Sanxiang Advanced Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603663:
Days Payable: 125.98 (71% above median its 10-year median of 73.78)
GF Value™: ¥15.31 vs. price of ¥41.81 (173.1% above fair value)
Industry Position: 110.4% above the Chemicals median (#289 of 1554)
No single metric tells the full story. See the SHSE:603663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanxiang Advanced Materials Co Business Description
Sanxiang Advanced Materials Co Ltd produces, manufactures, and sells new materials such as varieties of zirconia, magnesium, and advanced ceramics. Its products are widely used in aerospace, military, fire-resistant and wear-resistant materials, ceramic glazes, and other industries. The company's business segments include the zirconium series, magnesium series, and advanced ceramic series through which it offers products like nano zirconium oxide, zirconium oxychloride, lightweight new materials, casting new materials, magnesium aluminum alloys, and others.
60GF Score
Get the complete analysis for SHSE:603663
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603663 has been successfully added to your 
