Sinosteel Luonai Materials Technology Co (SHSE:688119) Days Payable: 236.92 (As of Mar. 2026) — 42% Above Median

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SHSE:688119 Sinosteel Luonai Materials Technology Co Ltd SHSE:688119
66 GF Score
Price ¥3.87
GF Value ¥3.50
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sinosteel Luonai Materials Technology Co Days Payable?

Sinosteel Luonai Materials Technology Co SHSE:688119 +1.84% 66 Days Payable is 236.92 as of Mar. 2026, which is 42% above its 10-year median of 167.00. GuruFocus rates SHSE:688119 with a GF Score™ of 66/100 and a GF Value™ of ¥3.50 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 396 Building Materials companies, Sinosteel Luonai Materials Technology Co ranks better than 89.9% on this metric.

Sinosteel Luonai Materials Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,015 Mil. Sinosteel Luonai Materials Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥391 Mil. Hence, Sinosteel Luonai Materials Technology Co's Days Payable for the three months ended in Mar. 2026 was 236.92.

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

SHSE:688119' s Days Payable Range Over the Past 10 Years
Min: 117.85   Med: 167   Max: 228.16
Current: 228.16

During the past 9 years, Sinosteel Luonai Materials Technology Co's highest Days Payable was 228.16. The lowest was 117.85. And the median was 167.00.

SHSE:688119's Days Payable is ranked better than
89.9% of 396 companies
in the Building Materials industry
Industry Median: 69.275 vs SHSE:688119: 228.16

Sinosteel Luonai Materials Technology Co's Days Payable increased from Mar. 2025 (208.09) to Mar. 2026 (236.92). It may suggest that Sinosteel Luonai Materials Technology Co delayed paying its suppliers.


Sinosteel Luonai Materials Technology Co Days Payable Related Terms


Sinosteel Luonai Materials Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sinosteel Luonai Materials 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.

Sinosteel Luonai Materials Technology Co Days Payable Chart

Sinosteel Luonai Materials Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 117.85 165.28 188.03 200.86 217.64

Sinosteel Luonai Materials 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 208.09 239.77 231.95 216.66 236.92

SHSE:688119 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Sinosteel Luonai Materials 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.


Sinosteel Luonai Materials Technology Co Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sinosteel Luonai Materials Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sinosteel Luonai Materials Technology Co's Days Payable falls into.


SHSE:688119
66GF Score
Sinosteel Luonai Materials Technology Co Ltd SHSE:688119
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinosteel Luonai Materials 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.

Sinosteel Luonai Materials 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
=( (1012.89 + 1068.031) / 2 ) / 1744.935*365
=1040.4605 / 1744.935*365
=217.64

Sinosteel Luonai Materials 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
=( (1068.031 + 962.92) / 2 ) / 391.112*365 / 4
=1015.4755 / 391.112*365 / 4
=236.92

* 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 236.92 mean?
Sinosteel Luonai Materials Technology Co (SHSE:688119) has a Days Payable of 236.92 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 Sinosteel Luonai Materials Technology Co and its competitors. This is 42% above median its historical median of 167.00. Over the past decade, Sinosteel Luonai Materials Technology Co's Days Payable has ranged from 117.85 to 228.16. According to the industry distribution chart, Sinosteel Luonai Materials Technology Co ranks #40 out of 396 companies in the Building Materials industry, placing it in the top 10.1%.
Is Sinosteel Luonai Materials Technology Co's Days Payable too high?
Sinosteel Luonai Materials Technology Co's current Days Payable of 236.92 is 42% above median its 10-year median of 167.00. Over the past 10 years, this metric has ranged from a low of 117.85 to a high of 228.16. The Building Materials industry median Days Payable is 69.28. Sinosteel Luonai Materials Technology Co's value of 236.92 is 242% above this industry median. Based on the distribution chart, Sinosteel Luonai Materials Technology Co ranks #40 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Sinosteel Luonai Materials Technology Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinosteel Luonai Materials Technology Co's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Sinosteel Luonai Materials Technology Co ranks #40 out of 396 companies for Days Payable. This places Sinosteel Luonai Materials Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.28. Sinosteel Luonai Materials Technology Co's value of 236.92 is 242% above this benchmark. Historically, Sinosteel Luonai Materials Technology Co's own Days Payable has ranged from 117.85 to 228.16 over the past decade. While the company's 10-year median is 167.00 vs. the industry median of 69.28, Sinosteel Luonai Materials 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.28, based on 396 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. Sinosteel Luonai Materials Technology Co's current Days Payable of 236.92 is 242% 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 Sinosteel Luonai Materials Technology Co and its competitors. For the Building Materials industry, the median Days Payable is 69.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinosteel Luonai Materials Technology Co's current Days Payable is 236.92, which is 42% above median its own 10-year median of 167.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinosteel Luonai Materials Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sinosteel Luonai Materials Technology Co (SHSE:688119) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.50, compared to a current price of ¥3.87 — trading 10.6% above its estimated fair value. The current Days Payable is 236.92, which is 42% above median its 10-year median of 167.00 and 242% above the Building Materials industry median of 69.28. Sinosteel Luonai Materials Technology Co's overall GF Score™ is 66/100 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 Sinosteel Luonai Materials Technology Co (SHSE:688119), the current Days Payable is 236.92 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 Sinosteel Luonai Materials Technology Co (SHSE:688119) Overvalued in 2026?

Based on GuruFocus' analysis, Sinosteel Luonai Materials Technology Co stock appears to be overvalued. The current stock price of ¥3.87 is trading 10.6% above its estimated GF Value™ of ¥3.50. GuruFocus considers Sinosteel Luonai Materials Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688119:

  • Days Payable: 236.92 (42% above median its 10-year median of 167.00)
  • GF Value™: ¥3.50 vs. price of ¥3.87 (10.6% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 242% above the Building Materials median (#40 of 396)

No single metric tells the full story. See the SHSE:688119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinosteel Luonai Materials Technology Co Business Description

Address No. 1 Xiyuan Road, Jianxi District, Henan Province, Luoyang, CHN, 471000
Sinosteel Luonai Materials Technology Co Ltd is engaged on manufacturing, sales and service of medium and high-end refractory materials.
66GF Score

Get the complete analysis for SHSE:688119

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

¥3.87
Price
¥3.50
GF Value