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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.
SHSE:605488 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Zhejiang Fulai New 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.
Zhejiang Fulai New Material Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Fulai New Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Fulai New Material Co's Days Payable falls into.
Zhejiang Fulai New 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.
* 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 Fulai New Material Co (SHSE:605488) has a Days Payable of 78.88 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 Fulai New Material Co and its competitors. This is near median its historical median of 85.48. Over the past decade, Zhejiang Fulai New Material Co's Days Payable has ranged from 65.47 to 94.54. According to the industry distribution chart, Zhejiang Fulai New Material Co ranks #507 out of 1553 companies in the Chemicals industry, placing it in the top 32.6%.
Is Zhejiang Fulai New Material Co's Days Payable too high?
Zhejiang Fulai New Material Co's current Days Payable of 78.88 is near median its 10-year median of 85.48. Over the past 10 years, this metric has ranged from a low of 65.47 to a high of 94.54. The Chemicals industry median Days Payable is 59.70. Zhejiang Fulai New Material Co's value of 78.88 is 32.1% above this industry median. Based on the distribution chart, Zhejiang Fulai New Material Co ranks #507 out of 1553 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Fulai New Material Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Fulai New Material Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Fulai New Material Co ranks #507 out of 1553 companies for Days Payable. This puts Zhejiang Fulai New Material Co in the upper half of its industry. The industry median Days Payable is 59.70. Zhejiang Fulai New Material Co's value of 78.88 is 32.1% above this benchmark. Historically, Zhejiang Fulai New Material Co's own Days Payable has ranged from 65.47 to 94.54 over the past decade. While the company's 10-year median is 85.48 vs. the industry median of 59.70, Zhejiang Fulai New 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 59.70, 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. Zhejiang Fulai New Material Co's current Days Payable of 78.88 is 32.1% 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 Fulai New Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Fulai New Material Co's current Days Payable is 78.88, which is near median its own 10-year median of 85.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Fulai New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Fulai New Material Co (SHSE:605488) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥18.08, compared to a current price of ¥27.67 — trading 53% above its estimated fair value. The current Days Payable is 78.88, which is near median its 10-year median of 85.48 and 32.1% above the Chemicals industry median of 59.70. Zhejiang Fulai New Material Co's overall GF Score™ is 78/100 with 6 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 Fulai New Material Co (SHSE:605488), the current Days Payable is 78.88 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 Fulai New Material Co (SHSE:605488) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Fulai New Material Co stock appears to be overvalued.
The current stock price of ¥27.67 is trading 53% above its estimated GF Value™ of ¥18.08.
GuruFocus considers Zhejiang Fulai New Material Co to be Significantly Overvalued.
Key valuation signals for SHSE:605488:
Days Payable: 78.88 (near median its 10-year median of 85.48)
GF Value™: ¥18.08 vs. price of ¥27.67 (53% above fair value)
Industry Position: 32.1% above the Chemicals median (#507 of 1553)
No single metric tells the full story. See the SHSE:605488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Fulai New Material Co Business Description
Zhejiang Fulai New Material Co Ltd is engaged in the development, production and sales of functional coating composite materials. It mainly produces advertising inkjet printing materials, label and logo printing materials, electronic-grade functional materials and other products. It owns brands such as Fleisant, Meshen, and Ori Digital.
78GF Score
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