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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.
Nantong Acetic Acid Chemical Co Days Payable Chart
SHSE:603968 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Nantong Acetic Acid 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.
Nantong Acetic Acid Chemical Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nantong Acetic Acid Chemical Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nantong Acetic Acid Chemical Co's Days Payable falls into.
Nantong Acetic Acid 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.
Nantong Acetic Acid Chemical Co (SHSE:603968) has a Days Payable of 113.12 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 Nantong Acetic Acid Chemical Co and its competitors. This is 96% above median its historical median of 57.83. Over the past decade, Nantong Acetic Acid Chemical Co's Days Payable has ranged from 35.65 to 116.71. According to the industry distribution chart, Nantong Acetic Acid Chemical Co ranks #285 out of 1558 companies in the Chemicals industry, placing it in the top 18.3%.
Is Nantong Acetic Acid Chemical Co's Days Payable too high?
Nantong Acetic Acid Chemical Co's current Days Payable of 113.12 is 96% above median its 10-year median of 57.83. Over the past 10 years, this metric has ranged from a low of 35.65 to a high of 116.71. The Chemicals industry median Days Payable is 59.89. Nantong Acetic Acid Chemical Co's value of 113.12 is 88.9% above this industry median. Based on the distribution chart, Nantong Acetic Acid Chemical Co ranks #285 out of 1558 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nantong Acetic Acid Chemical Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nantong Acetic Acid Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nantong Acetic Acid Chemical Co ranks #285 out of 1558 companies for Days Payable. This places Nantong Acetic Acid Chemical Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.89. Nantong Acetic Acid Chemical Co's value of 113.12 is 88.9% above this benchmark. Historically, Nantong Acetic Acid Chemical Co's own Days Payable has ranged from 35.65 to 116.71 over the past decade. While the company's 10-year median is 57.83 vs. the industry median of 59.89, Nantong Acetic Acid 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 59.89, based on 1,558 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. Nantong Acetic Acid Chemical Co's current Days Payable of 113.12 is 88.9% 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 Nantong Acetic Acid Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantong Acetic Acid Chemical Co's current Days Payable is 113.12, which is 96% above median its own 10-year median of 57.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantong Acetic Acid Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nantong Acetic Acid Chemical Co (SHSE:603968) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.31, compared to a current price of ¥10.24 — trading 0.7% below its estimated fair value. The current Days Payable is 113.12, which is 96% above median its 10-year median of 57.83 and 88.9% above the Chemicals industry median of 59.89. Nantong Acetic Acid Chemical Co's overall GF Score™ is 61/100 with 5 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 Nantong Acetic Acid Chemical Co (SHSE:603968), the current Days Payable is 113.12 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 Nantong Acetic Acid Chemical Co (SHSE:603968) Overvalued in 2026?
Based on GuruFocus' analysis, Nantong Acetic Acid Chemical Co stock appears to be undervalued.
The current stock price of ¥10.24 is trading 0.7% below its estimated GF Value™ of ¥10.31.
GuruFocus considers Nantong Acetic Acid Chemical Co to be Fairly Valued.
Key valuation signals for SHSE:603968:
Days Payable: 113.12 (96% above median its 10-year median of 57.83)
GF Value™: ¥10.31 vs. price of ¥10.24 (0.7% below fair value)
Industry Position: 88.9% above the Chemicals median (#285 of 1558)
No single metric tells the full story. See the SHSE:603968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.
61GF Score
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