Juheshun Advanced Material Co (SHSE:605166) Days Payable: 206.06 (As of Mar. 2026) — 121% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:605166 Juheshun Advanced Material Co Ltd SHSE:605166
81 GF Score
Price ¥8.33
GF Value ¥8.40
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Juheshun Advanced Material Co Days Payable?

Juheshun Advanced Material Co SHSE:605166 -0.48% 81 Days Payable is 206.06 as of Mar. 2026, which is 121% above its 10-year median of 93.11. GuruFocus rates SHSE:605166 with a GF Score™ of 81/100 and a GF Value™ of ¥8.40 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,553 Chemicals companies, Juheshun Advanced Material Co ranks better than 92.72% on this metric.

Juheshun Advanced Material Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,458 Mil. Juheshun Advanced Material Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,088 Mil. Hence, Juheshun Advanced Material Co's Days Payable for the three months ended in Mar. 2026 was 206.06.

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

SHSE:605166' s Days Payable Range Over the Past 10 Years
Min: 35.91   Med: 93.11   Max: 193.46
Current: 193.46

During the past 12 years, Juheshun Advanced Material Co's highest Days Payable was 193.46. The lowest was 35.91. And the median was 93.11.

SHSE:605166's Days Payable is ranked better than
92.72% of 1553 companies
in the Chemicals industry
Industry Median: 59.59 vs SHSE:605166: 193.46

Juheshun Advanced Material Co's Days Payable increased from Mar. 2025 (179.19) to Mar. 2026 (206.06). It may suggest that Juheshun Advanced Material Co delayed paying its suppliers.


Juheshun Advanced Material Co Days Payable Historical Data

* Premium members only.

The historical data trend for Juheshun Advanced Material 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.

Juheshun Advanced Material Co Days Payable Chart

Juheshun Advanced Material 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 90.58 109.27 133.84 143.51 183.20

Juheshun Advanced Material 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 179.19 181.09 181.66 198.29 206.06

SHSE:605166 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Juheshun Advanced Material 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.


Juheshun Advanced Material Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Juheshun Advanced Material Co's Days Payable falls into.


SHSE:605166
81GF Score
Juheshun Advanced Material Co Ltd SHSE:605166
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Juheshun Advanced Material 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.

Juheshun Advanced Material 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
=( (2794.136 + 2380.997) / 2 ) / 5155.358*365
=2587.5665 / 5155.358*365
=183.20

Juheshun Advanced Material 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
=( (2380.997 + 2534.048) / 2 ) / 1088.256*365 / 4
=2457.5225 / 1088.256*365 / 4
=206.06

* 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 206.06 mean?
Juheshun Advanced Material Co (SHSE:605166) has a Days Payable of 206.06 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 Juheshun Advanced Material Co and its competitors. This is 121% above median its historical median of 93.11. Over the past decade, Juheshun Advanced Material Co's Days Payable has ranged from 35.91 to 193.46. According to the industry distribution chart, Juheshun Advanced Material Co ranks #113 out of 1553 companies in the Chemicals industry, placing it in the top 7.3%.
Is Juheshun Advanced Material Co's Days Payable too high?
Juheshun Advanced Material Co's current Days Payable of 206.06 is 121% above median its 10-year median of 93.11. Over the past 10 years, this metric has ranged from a low of 35.91 to a high of 193.46. The Chemicals industry median Days Payable is 59.59. Juheshun Advanced Material Co's value of 206.06 is 245.8% above this industry median. Based on the distribution chart, Juheshun Advanced Material Co ranks #113 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Juheshun Advanced Material Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Juheshun Advanced Material Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Juheshun Advanced Material Co ranks #113 out of 1553 companies for Days Payable. This places Juheshun Advanced Material Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.59. Juheshun Advanced Material Co's value of 206.06 is 245.8% above this benchmark. Historically, Juheshun Advanced Material Co's own Days Payable has ranged from 35.91 to 193.46 over the past decade. While the company's 10-year median is 93.11 vs. the industry median of 59.59, Juheshun Advanced Material 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 59.59, based on 1,553 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. Juheshun Advanced Material Co's current Days Payable of 206.06 is 245.8% 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 Juheshun Advanced Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Juheshun Advanced Material Co's current Days Payable is 206.06, which is 121% above median its own 10-year median of 93.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Juheshun Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Juheshun Advanced Material Co (SHSE:605166) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.40, compared to a current price of ¥8.33 — trading 0.8% below its estimated fair value. The current Days Payable is 206.06, which is 121% above median its 10-year median of 93.11 and 245.8% above the Chemicals industry median of 59.59. Juheshun Advanced Material Co's overall GF Score™ is 81/100 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 Juheshun Advanced Material Co (SHSE:605166), the current Days Payable is 206.06 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 Juheshun Advanced Material Co (SHSE:605166) Overvalued in 2026?

Based on GuruFocus' analysis, Juheshun Advanced Material Co stock appears to be undervalued. The current stock price of ¥8.33 is trading 0.8% below its estimated GF Value™ of ¥8.40. GuruFocus considers Juheshun Advanced Material Co to be Fairly Valued.

Key valuation signals for SHSE:605166:

  • Days Payable: 206.06 (121% above median its 10-year median of 93.11)
  • GF Value™: ¥8.40 vs. price of ¥8.33 (0.8% below fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 245.8% above the Chemicals median (#113 of 1553)

No single metric tells the full story. See the SHSE:605166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Juheshun Advanced Material Co Business Description

Address No. 389, Weishi Road, Linjiang High-tech Industrial Park, Qiantang New District, Zhejiang Province, Hangzhou, CHN, 311228
Juheshun Advanced Material Co Ltd is engaged in production and sales of polyamide 6 chips.
81GF Score

Get the complete analysis for SHSE:605166

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

¥8.33
Price
¥8.40
GF Value