Lily Group Co (SHSE:603823) Days Payable: 43.03 (As of Mar. 2026) — 56% Below Median

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SHSE:603823 Lily Group Co Ltd SHSE:603823
58 GF Score
Price ¥70.18
GF Value ¥10.50
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Lily Group Co Days Payable?

Lily Group Co SHSE:603823 +0.75% 58 Days Payable is 43.03 as of Mar. 2026, which is 56% below its 10-year median of 98.62. GuruFocus rates SHSE:603823 with a GF Score™ of 58/100 and a GF Value™ of ¥10.50 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,554 Chemicals companies, Lily Group Co ranks worse than 59.91% on this metric.

Lily Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥216 Mil. Lily Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥458 Mil. Hence, Lily Group Co's Days Payable for the three months ended in Mar. 2026 was 43.03.

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

SHSE:603823' s Days Payable Range Over the Past 10 Years
Min: 50.92   Med: 98.62   Max: 127.59
Current: 50.92

During the past 13 years, Lily Group Co's highest Days Payable was 127.59. The lowest was 50.92. And the median was 98.62.

SHSE:603823's Days Payable is ranked worse than
59.91% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs SHSE:603823: 50.92

Lily Group Co's Days Payable declined from Mar. 2025 (59.08) to Mar. 2026 (43.03). It may suggest that Lily Group Co accelerated paying its suppliers.


Lily Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lily 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.

Lily Group Co Days Payable Chart

Lily Group Co 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 90.55 74.74 62.66 53.93 51.02

Lily Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only 59.08 60.24 51.22 42.67 43.03

SHSE:603823 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Lily 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.


Lily Group Co Days Payable vs Chemicals Industry

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

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


SHSE:603823
58GF Score
Lily Group Co Ltd SHSE:603823
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lily 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.

Lily 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
=( (274.142 + 201.068) / 2 ) / 1699.972*365
=237.605 / 1699.972*365
=51.02

Lily 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
=( (201.068 + 231.084) / 2 ) / 458.191*365 / 4
=216.076 / 458.191*365 / 4
=43.03

* 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 43.03 mean?
Lily Group Co (SHSE:603823) has a Days Payable of 43.03 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 Lily Group Co and its competitors. This is 56% below median its historical median of 98.62. Over the past decade, Lily Group Co's Days Payable has ranged from 50.92 to 127.59. According to the industry distribution chart, Lily Group Co ranks #931 out of 1554 companies in the Chemicals industry, placing it in the top 59.9%.
Is Lily Group Co's Days Payable too high?
Lily Group Co's current Days Payable of 43.03 is 56% below median its 10-year median of 98.62. Over the past 10 years, this metric has ranged from a low of 50.92 to a high of 127.59. The Chemicals industry median Days Payable is 59.88. Lily Group Co's value of 43.03 is 28.1% below this industry median. Based on the distribution chart, Lily Group Co ranks #931 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Lily Group Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lily Group Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Lily Group Co ranks #931 out of 1554 companies for Days Payable. This places Lily Group Co in the lower half of its industry. The industry median Days Payable is 59.88. Lily Group Co's value of 43.03 is 28.1% below this benchmark. Historically, Lily Group Co's own Days Payable has ranged from 50.92 to 127.59 over the past decade. While the company's 10-year median is 98.62 vs. the industry median of 59.88, Lily 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 59.88, 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. Lily Group Co's current Days Payable of 43.03 is 28.1% 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 Lily Group 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. Lily Group Co's current Days Payable is 43.03, which is 56% below median its own 10-year median of 98.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lily Group Co stock overvalued right now?
Based on GuruFocus' analysis, Lily Group Co (SHSE:603823) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.50, compared to a current price of ¥70.18 — trading 568.4% above its estimated fair value. The current Days Payable is 43.03, which is 56% below median its 10-year median of 98.62 and 28.1% below the Chemicals industry median of 59.88. Lily Group Co's overall GF Score™ is 58/100 with 9 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 Lily Group Co (SHSE:603823), the current Days Payable is 43.03 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 Lily Group Co (SHSE:603823) Overvalued in 2026?

Based on GuruFocus' analysis, Lily Group Co stock appears to be overvalued. The current stock price of ¥70.18 is trading 568.4% above its estimated GF Value™ of ¥10.50. GuruFocus considers Lily Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603823:

  • Days Payable: 43.03 (56% below median its 10-year median of 98.62)
  • GF Value™: ¥10.50 vs. price of ¥70.18 (568.4% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 28.1% below the Chemicals median (#931 of 1554)

No single metric tells the full story. See the SHSE:603823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lily Group Co Business Description

Address No. 1768, Jingwu Road, Qiantang New District, Zhejiang, Hangzhou, CHN, 311228
Lily Group Co Ltd is a chemical manufacturing company. Its products includes pigment for inks, pigment for coatings, pigment for plastics and intermediates. Further it is also involved in import and export trade, investment, and real estate businesses.
58GF Score

Get the complete analysis for SHSE:603823

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

¥70.18
Price
¥10.50
GF Value