Fujian Kuncai Material Technology Co (SHSE:603826) Days Payable: 108.96 (As of Mar. 2026) — Near Median

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SHSE:603826 Fujian Kuncai Material Technology Co Ltd SHSE:603826
51 GF Score
Price ¥15.18
GF Value ¥31.63
Valuation Significantly Undervalued
! 10 Warning Signs
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What is Fujian Kuncai Material Technology Co Days Payable?

Fujian Kuncai Material Technology Co SHSE:603826 -5.77% 51 Days Payable is 108.96 as of Mar. 2026, which is 6% below its 10-year median of 116.15. GuruFocus rates SHSE:603826 with a GF Score™ of 51/100 and a GF Value™ of ¥31.63 (Significantly Undervalued). The stock has 10 warning signs investors should review. Among 1,554 Chemicals companies, Fujian Kuncai Material Technology Co ranks better than 88.29% on this metric.

Fujian Kuncai Material Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥481 Mil. Fujian Kuncai Material Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥402 Mil. Hence, Fujian Kuncai Material Technology Co's Days Payable for the three months ended in Mar. 2026 was 108.96.

The historical rank and industry rank for Fujian Kuncai Material Technology Co's Days Payable or its related term are showing as below:

SHSE:603826' s Days Payable Range Over the Past 10 Years
Min: 70.88   Med: 116.15   Max: 298.62
Current: 149.71

During the past 13 years, Fujian Kuncai Material Technology Co's highest Days Payable was 298.62. The lowest was 70.88. And the median was 116.15.

SHSE:603826's Days Payable is ranked better than
88.29% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:603826: 149.71

Fujian Kuncai Material Technology Co's Days Payable declined from Mar. 2025 (251.56) to Mar. 2026 (108.96). It may suggest that Fujian Kuncai Material Technology Co accelerated paying its suppliers.


Fujian Kuncai Material Technology Co Days Payable Related Terms


Fujian Kuncai Material Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Kuncai Material Technology 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.

Fujian Kuncai Material Technology Co Days Payable Chart

Fujian Kuncai Material Technology 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 132.05 186.95 278.19 298.62 203.12

Fujian Kuncai Material Technology 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 251.56 174.51 225.55 139.58 108.96

SHSE:603826 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Fujian Kuncai Material 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.


Fujian Kuncai Material Technology Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fujian Kuncai Material Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Kuncai Material Technology Co's Days Payable falls into.


SHSE:603826
51GF Score
Fujian Kuncai Material Technology Co Ltd SHSE:603826
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Kuncai Material 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.

Fujian Kuncai Material Technology 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
=( (522.141 + 480.023) / 2 ) / 900.428*365
=501.082 / 900.428*365
=203.12

Fujian Kuncai Material Technology 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
=( (480.023 + 481.067) / 2 ) / 402.429*365 / 4
=480.545 / 402.429*365 / 4
=108.96

* 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 108.96 mean?
Fujian Kuncai Material Technology Co (SHSE:603826) has a Days Payable of 108.96 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 Fujian Kuncai Material Technology Co and its competitors. This is near median its historical median of 116.15. Over the past decade, Fujian Kuncai Material Technology Co's Days Payable has ranged from 70.88 to 298.62. According to the industry distribution chart, Fujian Kuncai Material Technology Co ranks #182 out of 1554 companies in the Chemicals industry, placing it in the top 11.7%.
Is Fujian Kuncai Material Technology Co's Days Payable too high?
Fujian Kuncai Material Technology Co's current Days Payable of 108.96 is near median its 10-year median of 116.15. Over the past 10 years, this metric has ranged from a low of 70.88 to a high of 298.62. The Chemicals industry median Days Payable is 59.57. Fujian Kuncai Material Technology Co's value of 108.96 is 82.9% above this industry median. Based on the distribution chart, Fujian Kuncai Material Technology Co ranks #182 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Kuncai Material Technology Co has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Kuncai Material Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fujian Kuncai Material Technology Co ranks #182 out of 1554 companies for Days Payable. This places Fujian Kuncai Material Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Fujian Kuncai Material Technology Co's value of 108.96 is 82.9% above this benchmark. Historically, Fujian Kuncai Material Technology Co's own Days Payable has ranged from 70.88 to 298.62 over the past decade. While the company's 10-year median is 116.15 vs. the industry median of 59.57, Fujian Kuncai Material Technology 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 59.57, 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. Fujian Kuncai Material Technology Co's current Days Payable of 108.96 is 82.9% 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 Fujian Kuncai Material Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Kuncai Material Technology Co's current Days Payable is 108.96, which is near median its own 10-year median of 116.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Kuncai Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Kuncai Material Technology Co (SHSE:603826) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥31.63, compared to a current price of ¥15.18 — trading 52% below its estimated fair value. The current Days Payable is 108.96, which is near median its 10-year median of 116.15 and 82.9% above the Chemicals industry median of 59.57. Fujian Kuncai Material Technology Co's overall GF Score™ is 51/100 with 10 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 Fujian Kuncai Material Technology Co (SHSE:603826), the current Days Payable is 108.96 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 Fujian Kuncai Material Technology Co (SHSE:603826) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Kuncai Material Technology Co stock appears to be undervalued. The current stock price of ¥15.18 is trading 52% below its estimated GF Value™ of ¥31.63. GuruFocus considers Fujian Kuncai Material Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:603826:

  • Days Payable: 108.96 (near median its 10-year median of 116.15)
  • GF Value™: ¥31.63 vs. price of ¥15.18 (52% below fair value)
  • GF Score™: 51/100 with 10 warning signs
  • Industry Position: 82.9% above the Chemicals median (#182 of 1554)

No single metric tells the full story. See the SHSE:603826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Kuncai Material Technology Co Business Description

Address Yuanhong Investment Zone, Fujian Province, Fuzhou, CHN, 350314
Fujian Kuncai Material Technology Co Ltd is a Chinese developer and manufacturer of pearlescent pigments. It manufactures various colors for use in automotive, plastics, cosmetics, ink, fluorocarbon coatings, wallpapers, 3C coatings and industrial coatings. The products offered by the company includes Peacock Series, Diamond Dragon Series, Silla Maya Series, Crystal Dragon Series, and FC Series Pearlescent Materials, among others. Its products have application in the industries of automotive coatings, cosmetics, plastics, inks, printing, industrial coatings, building materials, architectural decoration, and seed coating, among others. The entity sells its products in China, and also exports it to the various other countries.
51GF Score

Get the complete analysis for SHSE:603826

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

¥15.18
Price
¥31.63
GF Value