* 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.
Donglai Coating Technology (Shanghai) Co Days Payable Chart
Donglai Coating Technology (Shanghai) Co Annual Data
SHSE:688129 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co Days Payable vs Chemicals Industry
Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co (SHSE:688129) has a Days Payable of 107.44 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 Donglai Coating Technology (Shanghai) Co and its competitors. This is 67% above median its historical median of 64.29. Over the past decade, Donglai Coating Technology (Shanghai) Co's Days Payable has ranged from 54.10 to 87.96. According to the industry distribution chart, Donglai Coating Technology (Shanghai) Co ranks #795 out of 1551 companies in the Chemicals industry, placing it in the top 51.3%.
Is Donglai Coating Technology (Shanghai) Co's Days Payable too high?
Donglai Coating Technology (Shanghai) Co's current Days Payable of 107.44 is 67% above median its 10-year median of 64.29. Over the past 10 years, this metric has ranged from a low of 54.10 to a high of 87.96. The Chemicals industry median Days Payable is 59.87. Donglai Coating Technology (Shanghai) Co's value of 107.44 is 79.5% above this industry median. Based on the distribution chart, Donglai Coating Technology (Shanghai) Co ranks #795 out of 1551 companies in the Chemicals industry, which is below the industry midpoint. Overall, Donglai Coating Technology (Shanghai) Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Donglai Coating Technology (Shanghai) Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Donglai Coating Technology (Shanghai) Co ranks #795 out of 1551 companies for Days Payable. This places Donglai Coating Technology (Shanghai) Co in the lower half of its industry. The industry median Days Payable is 59.87. Donglai Coating Technology (Shanghai) Co's value of 107.44 is 79.5% above this benchmark. Historically, Donglai Coating Technology (Shanghai) Co's own Days Payable has ranged from 54.10 to 87.96 over the past decade. While the company's 10-year median is 64.29 vs. the industry median of 59.87, Donglai Coating Technology (Shanghai) 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 59.87, based on 1,551 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. Donglai Coating Technology (Shanghai) Co's current Days Payable of 107.44 is 79.5% 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 Donglai Coating Technology (Shanghai) Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donglai Coating Technology (Shanghai) Co's current Days Payable is 107.44, which is 67% above median its own 10-year median of 64.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donglai Coating Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Donglai Coating Technology (Shanghai) Co (SHSE:688129) is currently considered Fairly Valued. The stock's GF Value™ is ¥24.00, compared to a current price of ¥22.49 — trading 6.3% below its estimated fair value. The current Days Payable is 107.44, which is 67% above median its 10-year median of 64.29 and 79.5% above the Chemicals industry median of 59.87. Donglai Coating Technology (Shanghai) Co's overall GF Score™ is 86/100 with 4 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 Donglai Coating Technology (Shanghai) Co (SHSE:688129), the current Days Payable is 107.44 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 Donglai Coating Technology (Shanghai) Co (SHSE:688129) Overvalued in 2026?
Based on GuruFocus' analysis, Donglai Coating Technology (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥22.49 is trading 6.3% below its estimated GF Value™ of ¥24.00.
GuruFocus considers Donglai Coating Technology (Shanghai) Co to be Fairly Valued.
Key valuation signals for SHSE:688129:
Days Payable: 107.44 (67% above median its 10-year median of 64.29)
GF Value™: ¥24.00 vs. price of ¥22.49 (6.3% below fair value)
Industry Position: 79.5% above the Chemicals median (#795 of 1551)
No single metric tells the full story. See the SHSE:688129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Donglai Coating Technology (Shanghai) Co Business Description
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