Aofu Environmental Technology Co (SHSE:688021) Days Payable: 68.63 (As of Mar. 2026) — 58% Below Median

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SHSE:688021 Aofu Environmental Technology Co Ltd SHSE:688021
78 GF Score
Price ¥17.84
GF Value ¥20.83
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aofu Environmental Technology Co Days Payable?

Aofu Environmental Technology Co SHSE:688021 -1.60% 78 Days Payable is 68.63 as of Mar. 2026, which is 58% below its 10-year median of 164.31. GuruFocus rates SHSE:688021 with a GF Score™ of 78/100 and a GF Value™ of ¥20.83 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,553 Chemicals companies, Aofu Environmental Technology Co ranks better than 59.69% on this metric.

Aofu Environmental Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥48.4 Mil. Aofu Environmental Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥64.3 Mil. Hence, Aofu Environmental Technology Co's Days Payable for the three months ended in Mar. 2026 was 68.63.

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

SHSE:688021' s Days Payable Range Over the Past 10 Years
Min: 61.11   Med: 164.31   Max: 419.8
Current: 70.91

During the past 10 years, Aofu Environmental Technology Co's highest Days Payable was 419.80. The lowest was 61.11. And the median was 164.31.

SHSE:688021's Days Payable is ranked better than
59.69% of 1553 companies
in the Chemicals industry
Industry Median: 59.59 vs SHSE:688021: 70.91

Aofu Environmental Technology Co's Days Payable increased from Mar. 2025 (48.31) to Mar. 2026 (68.63). It may suggest that Aofu Environmental Technology Co delayed paying its suppliers.


Aofu Environmental Technology Co Days Payable Related Terms


Aofu Environmental Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Aofu Environmental 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.

Aofu Environmental Technology Co Days Payable Chart

Aofu Environmental 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 232.08 419.80 159.26 116.26 61.11

Aofu Environmental 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 48.31 65.15 55.07 94.39 68.63

SHSE:688021 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Aofu Environmental 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.


Aofu Environmental Technology Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Aofu Environmental Technology Co's Days Payable falls into.


SHSE:688021
78GF Score
Aofu Environmental Technology Co Ltd SHSE:688021
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aofu Environmental 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.

Aofu Environmental 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
=( (38.024 + 43.716) / 2 ) / 244.114*365
=40.87 / 244.114*365
=61.11

Aofu Environmental 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
=( (43.716 + 53.05) / 2 ) / 64.33*365 / 4
=48.383 / 64.33*365 / 4
=68.63

* 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 68.63 mean?
Aofu Environmental Technology Co (SHSE:688021) has a Days Payable of 68.63 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 Aofu Environmental Technology Co and its competitors. This is 58% below median its historical median of 164.31. Over the past decade, Aofu Environmental Technology Co's Days Payable has ranged from 61.11 to 419.80. According to the industry distribution chart, Aofu Environmental Technology Co ranks #626 out of 1553 companies in the Chemicals industry, placing it in the top 40.3%.
Is Aofu Environmental Technology Co's Days Payable too high?
Aofu Environmental Technology Co's current Days Payable of 68.63 is 58% below median its 10-year median of 164.31. Over the past 10 years, this metric has ranged from a low of 61.11 to a high of 419.80. The Chemicals industry median Days Payable is 59.59. Aofu Environmental Technology Co's value of 68.63 is 15.2% above this industry median. Based on the distribution chart, Aofu Environmental Technology Co ranks #626 out of 1553 companies in the Chemicals industry, which is above the industry midpoint. Overall, Aofu Environmental Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aofu Environmental Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Aofu Environmental Technology Co ranks #626 out of 1553 companies for Days Payable. This puts Aofu Environmental Technology Co in the upper half of its industry. The industry median Days Payable is 59.59. Aofu Environmental Technology Co's value of 68.63 is 15.2% above this benchmark. Historically, Aofu Environmental Technology Co's own Days Payable has ranged from 61.11 to 419.80 over the past decade. While the company's 10-year median is 164.31 vs. the industry median of 59.59, Aofu Environmental 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 59.59, 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. Aofu Environmental Technology Co's current Days Payable of 68.63 is 15.2% 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 Aofu Environmental Technology 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. Aofu Environmental Technology Co's current Days Payable is 68.63, which is 58% below median its own 10-year median of 164.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aofu Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Aofu Environmental Technology Co (SHSE:688021) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.83, compared to a current price of ¥17.84 — trading 14.4% below its estimated fair value. The current Days Payable is 68.63, which is 58% below median its 10-year median of 164.31 and 15.2% above the Chemicals industry median of 59.59. Aofu Environmental Technology Co's overall GF Score™ is 78/100 with 3 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 Aofu Environmental Technology Co (SHSE:688021), the current Days Payable is 68.63 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 Aofu Environmental Technology Co (SHSE:688021) Overvalued in 2026?

Based on GuruFocus' analysis, Aofu Environmental Technology Co stock appears to be undervalued. The current stock price of ¥17.84 is trading 14.4% below its estimated GF Value™ of ¥20.83. GuruFocus considers Aofu Environmental Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688021:

  • Days Payable: 68.63 (58% below median its 10-year median of 164.31)
  • GF Value™: ¥20.83 vs. price of ¥17.84 (14.4% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 15.2% above the Chemicals median (#626 of 1553)

No single metric tells the full story. See the SHSE:688021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aofu Environmental Technology Co Business Description

Address East side of south of Fumin Road, Economic Development Zone, Linyi County, Shandong Province, Dezhou, CHN, 251500
Aofu Environmental Technology Co Ltd is a China based company engaged in the manufacturing of ceramic products.
78GF Score

Get the complete analysis for SHSE:688021

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

¥17.84
Price
¥20.83
GF Value