Jinhong Gas Co (SHSE:688106) Days Payable: 157.15 (As of Mar. 2026) — Near Median

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SHSE:688106 Jinhong Gas Co Ltd SHSE:688106
86 GF Score
Price ¥30.10
GF Value ¥24.60
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Jinhong Gas Co Days Payable?

Jinhong Gas Co SHSE:688106 +1.21% 86 Days Payable is 157.15 as of Mar. 2026, which is 2% above its 10-year median of 154.68. GuruFocus rates SHSE:688106 with a GF Score™ of 86/100 and a GF Value™ of ¥24.60 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, Jinhong Gas Co ranks better than 88.22% on this metric.

Jinhong Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥821 Mil. Jinhong Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥476 Mil. Hence, Jinhong Gas Co's Days Payable for the three months ended in Mar. 2026 was 157.15.

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

SHSE:688106' s Days Payable Range Over the Past 10 Years
Min: 136.4   Med: 154.68   Max: 176.94
Current: 149.5

During the past 13 years, Jinhong Gas Co's highest Days Payable was 176.94. The lowest was 136.40. And the median was 154.68.

SHSE:688106's Days Payable is ranked better than
88.22% of 1554 companies
in the Chemicals industry
Industry Median: 59.73 vs SHSE:688106: 149.50

Jinhong Gas Co's Days Payable increased from Mar. 2025 (144.20) to Mar. 2026 (157.15). It may suggest that Jinhong Gas Co delayed paying its suppliers.


Jinhong Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jinhong Gas 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.

Jinhong Gas Co Days Payable Chart

Jinhong Gas 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 136.40 159.42 173.04 168.07 145.49

Jinhong Gas 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 144.20 143.97 158.30 150.70 157.15

SHSE:688106 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Jinhong Gas 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.


Jinhong Gas Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Jinhong Gas Co's Days Payable falls into.


SHSE:688106
86GF Score
Jinhong Gas Co Ltd SHSE:688106
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinhong Gas 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.

Jinhong Gas 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
=( (717.524 + 838.384) / 2 ) / 1951.681*365
=777.954 / 1951.681*365
=145.49

Jinhong Gas 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
=( (838.384 + 802.866) / 2 ) / 476.496*365 / 4
=820.625 / 476.496*365 / 4
=157.15

* 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 157.15 mean?
Jinhong Gas Co (SHSE:688106) has a Days Payable of 157.15 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 Jinhong Gas Co and its competitors. This is near median its historical median of 154.68. Over the past decade, Jinhong Gas Co's Days Payable has ranged from 136.40 to 176.94. According to the industry distribution chart, Jinhong Gas Co ranks #183 out of 1554 companies in the Chemicals industry, placing it in the top 11.8%.
Is Jinhong Gas Co's Days Payable too high?
Jinhong Gas Co's current Days Payable of 157.15 is near median its 10-year median of 154.68. Over the past 10 years, this metric has ranged from a low of 136.40 to a high of 176.94. The Chemicals industry median Days Payable is 59.73. Jinhong Gas Co's value of 157.15 is 163.1% above this industry median. Based on the distribution chart, Jinhong Gas Co ranks #183 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jinhong Gas Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinhong Gas Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jinhong Gas Co ranks #183 out of 1554 companies for Days Payable. This places Jinhong Gas Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.73. Jinhong Gas Co's value of 157.15 is 163.1% above this benchmark. Historically, Jinhong Gas Co's own Days Payable has ranged from 136.40 to 176.94 over the past decade. While the company's 10-year median is 154.68 vs. the industry median of 59.73, Jinhong Gas 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 59.73, 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. Jinhong Gas Co's current Days Payable of 157.15 is 163.1% 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 Jinhong Gas Co and its competitors. For the Chemicals industry, the median Days Payable is 59.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinhong Gas Co's current Days Payable is 157.15, which is near median its own 10-year median of 154.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhong Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhong Gas Co (SHSE:688106) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥24.60, compared to a current price of ¥30.10 — trading 22.4% above its estimated fair value. The current Days Payable is 157.15, which is near median its 10-year median of 154.68 and 163.1% above the Chemicals industry median of 59.73. Jinhong Gas Co's overall GF Score™ is 86/100 with 7 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 Jinhong Gas Co (SHSE:688106), the current Days Payable is 157.15 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 Jinhong Gas Co (SHSE:688106) Overvalued in 2026?

Based on GuruFocus' analysis, Jinhong Gas Co stock appears to be overvalued. The current stock price of ¥30.10 is trading 22.4% above its estimated GF Value™ of ¥24.60. GuruFocus considers Jinhong Gas Co to be Modestly Overvalued.

Key valuation signals for SHSE:688106:

  • Days Payable: 157.15 (near median its 10-year median of 154.68)
  • GF Value™: ¥24.60 vs. price of ¥30.10 (22.4% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 163.1% above the Chemicals median (#183 of 1554)

No single metric tells the full story. See the SHSE:688106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinhong Gas Co Business Description

Address Anmin Road, No. 6, Panyang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215152
Jinhong Gas Co Ltd is engaged in production, sales and service of environmentally intensive integrated gas. The company provides customers with one-stop gas supply solutions for various bulk gases, special gases and natural gasother fields.
86GF Score

Get the complete analysis for SHSE:688106

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

¥30.10
Price
¥24.60
GF Value