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* 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.
For the Chemicals subindustry, Zhejiang Xinhua Chemical 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.
Zhejiang Xinhua Chemical Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Xinhua Chemical Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinhua Chemical Co's Days Payable falls into.
Zhejiang Xinhua Chemical 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.
Zhejiang Xinhua Chemical Co (SHSE:603867) has a Days Payable of 91.00 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 Zhejiang Xinhua Chemical Co and its competitors. This is 11% below median its historical median of 102.75. Over the past decade, Zhejiang Xinhua Chemical Co's Days Payable has ranged from 69.48 to 128.90. According to the industry distribution chart, Zhejiang Xinhua Chemical Co ranks #373 out of 1554 companies in the Chemicals industry, placing it in the top 24%.
Is Zhejiang Xinhua Chemical Co's Days Payable too high?
Zhejiang Xinhua Chemical Co's current Days Payable of 91.00 is 11% below median its 10-year median of 102.75. Over the past 10 years, this metric has ranged from a low of 69.48 to a high of 128.90. The Chemicals industry median Days Payable is 59.57. Zhejiang Xinhua Chemical Co's value of 91.00 is 52.8% above this industry median. Based on the distribution chart, Zhejiang Xinhua Chemical Co ranks #373 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Xinhua Chemical Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinhua Chemical Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Zhejiang Xinhua Chemical Co ranks #373 out of 1554 companies for Days Payable. This places Zhejiang Xinhua Chemical Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Zhejiang Xinhua Chemical Co's value of 91.00 is 52.8% above this benchmark. Historically, Zhejiang Xinhua Chemical Co's own Days Payable has ranged from 69.48 to 128.90 over the past decade. While the company's 10-year median is 102.75 vs. the industry median of 59.57, Zhejiang Xinhua Chemical 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. Zhejiang Xinhua Chemical Co's current Days Payable of 91.00 is 52.8% 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 Zhejiang Xinhua Chemical 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. Zhejiang Xinhua Chemical Co's current Days Payable is 91.00, which is 11% below median its own 10-year median of 102.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinhua Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinhua Chemical Co (SHSE:603867) is currently considered Fairly Valued. The stock's GF Value™ is ¥29.17, compared to a current price of ¥26.90 — trading 7.8% below its estimated fair value. The current Days Payable is 91.00, which is 11% below median its 10-year median of 102.75 and 52.8% above the Chemicals industry median of 59.57. Zhejiang Xinhua Chemical Co's overall GF Score™ is 92/100 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 Zhejiang Xinhua Chemical Co (SHSE:603867), the current Days Payable is 91.00 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 Zhejiang Xinhua Chemical Co (SHSE:603867) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Xinhua Chemical Co stock appears to be undervalued.
The current stock price of ¥26.90 is trading 7.8% below its estimated GF Value™ of ¥29.17.
GuruFocus considers Zhejiang Xinhua Chemical Co to be Fairly Valued.
Key valuation signals for SHSE:603867:
Days Payable: 91.00 (11% below median its 10-year median of 102.75)
GF Value™: ¥29.17 vs. price of ¥26.90 (7.8% below fair value)
Industry Position: 52.8% above the Chemicals median (#373 of 1554)
No single metric tells the full story. See the SHSE:603867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Xinhua Chemical Co Ltd is mainly engaged in the production and operation of Organic Amine series, Aroma chemical series, Peroxide series,Synthetic Ammonia series and other fine chemicals.
92GF Score
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