Jiangsu Cnano Technology Co (SHSE:688116) Days Payable: 167.21 (As of Mar. 2026) — 22% Below Median

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SHSE:688116 Jiangsu Cnano Technology Co Ltd SHSE:688116
89 GF Score
Price ¥31.80
GF Value ¥35.36
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jiangsu Cnano Technology Co Days Payable?

Jiangsu Cnano Technology Co SHSE:688116 -4.88% 89 Days Payable is 167.21 as of Mar. 2026, which is 22% below its 10-year median of 213.34. GuruFocus rates SHSE:688116 with a GF Score™ of 89/100 and a GF Value™ of ¥35.36 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Jiangsu Cnano Technology Co ranks better than 93.18% on this metric.

Jiangsu Cnano Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥371 Mil. Jiangsu Cnano Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥202 Mil. Hence, Jiangsu Cnano Technology Co's Days Payable for the three months ended in Mar. 2026 was 167.21.

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

SHSE:688116' s Days Payable Range Over the Past 10 Years
Min: 95.93   Med: 213.34   Max: 277.44
Current: 198.19

During the past 10 years, Jiangsu Cnano Technology Co's highest Days Payable was 277.44. The lowest was 95.93. And the median was 213.34.

SHSE:688116's Days Payable is ranked better than
93.18% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:688116: 198.19

Jiangsu Cnano Technology Co's Days Payable declined from Mar. 2025 (244.61) to Mar. 2026 (167.21). It may suggest that Jiangsu Cnano Technology Co accelerated paying its suppliers.


Jiangsu Cnano Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Cnano 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.

Jiangsu Cnano Technology Co Days Payable Chart

Jiangsu Cnano 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 109.82 134.84 240.03 276.80 233.10

Jiangsu Cnano 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 244.61 228.74 193.83 197.82 167.21

SHSE:688116 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Jiangsu Cnano 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.


Jiangsu Cnano Technology Co Days Payable vs Chemicals Industry

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

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


SHSE:688116
89GF Score
Jiangsu Cnano Technology Co Ltd SHSE:688116
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Cnano 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.

Jiangsu Cnano 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
=( (653.183 + 394.88) / 2 ) / 820.557*365
=524.0315 / 820.557*365
=233.10

Jiangsu Cnano 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
=( (394.88 + 346.289) / 2 ) / 202.241*365 / 4
=370.5845 / 202.241*365 / 4
=167.21

* 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 167.21 mean?
Jiangsu Cnano Technology Co (SHSE:688116) has a Days Payable of 167.21 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 Jiangsu Cnano Technology Co and its competitors. This is 22% below median its historical median of 213.34. Over the past decade, Jiangsu Cnano Technology Co's Days Payable has ranged from 95.93 to 277.44. According to the industry distribution chart, Jiangsu Cnano Technology Co ranks #106 out of 1554 companies in the Chemicals industry, placing it in the top 6.8%.
Is Jiangsu Cnano Technology Co's Days Payable too high?
Jiangsu Cnano Technology Co's current Days Payable of 167.21 is 22% below median its 10-year median of 213.34. Over the past 10 years, this metric has ranged from a low of 95.93 to a high of 277.44. The Chemicals industry median Days Payable is 59.57. Jiangsu Cnano Technology Co's value of 167.21 is 180.7% above this industry median. Based on the distribution chart, Jiangsu Cnano Technology Co ranks #106 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Cnano Technology Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Cnano Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Cnano Technology Co ranks #106 out of 1554 companies for Days Payable. This places Jiangsu Cnano Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Jiangsu Cnano Technology Co's value of 167.21 is 180.7% above this benchmark. Historically, Jiangsu Cnano Technology Co's own Days Payable has ranged from 95.93 to 277.44 over the past decade. While the company's 10-year median is 213.34 vs. the industry median of 59.57, Jiangsu Cnano 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 59.57, 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. Jiangsu Cnano Technology Co's current Days Payable of 167.21 is 180.7% 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 Jiangsu Cnano Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Cnano Technology Co's current Days Payable is 167.21, which is 22% below median its own 10-year median of 213.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Cnano Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Cnano Technology Co (SHSE:688116) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥35.36, compared to a current price of ¥31.80 — trading 10.1% below its estimated fair value. The current Days Payable is 167.21, which is 22% below median its 10-year median of 213.34 and 180.7% above the Chemicals industry median of 59.57. Jiangsu Cnano Technology Co's overall GF Score™ is 89/100 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 Jiangsu Cnano Technology Co (SHSE:688116), the current Days Payable is 167.21 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 Jiangsu Cnano Technology Co (SHSE:688116) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Cnano Technology Co stock appears to be undervalued. The current stock price of ¥31.80 is trading 10.1% below its estimated GF Value™ of ¥35.36. GuruFocus considers Jiangsu Cnano Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688116:

  • Days Payable: 167.21 (22% below median its 10-year median of 213.34)
  • GF Value™: ¥35.36 vs. price of ¥31.80 (10.1% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 180.7% above the Chemicals median (#106 of 1554)

No single metric tells the full story. See the SHSE:688116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Cnano Technology Co Business Description

Address No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000
Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development, and sales of nanoscale carbon materials and related products, including carbon nanotube powder, carbon nanotube conductive paste, graphene composite conductive paste, carbon nanotube conductive masterbatch, etc. The carbon nanotube-related products produced by the company are mainly used in the field of lithium batteries, to improve the energy density and cycle life performance of lithium batteries, and finally used in new energy vehicles, 3C Products, energy storage batteries, and other fields.
89GF Score

Get the complete analysis for SHSE:688116

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

¥31.80
Price
¥35.36
GF Value