Tianjin Jiuri New Materials Co (SHSE:688199) Days Payable: 62.97 (As of Mar. 2026) — Near Median

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SHSE:688199 Tianjin Jiuri New Materials Co Ltd SHSE:688199
77 GF Score
Price ¥21.68
GF Value ¥23.03
Valuation Fairly Valued
! 7 Warning Signs
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What is Tianjin Jiuri New Materials Co Days Payable?

Tianjin Jiuri New Materials Co SHSE:688199 -8.95% 77 Days Payable is 62.97 as of Mar. 2026, which is 5% below its 10-year median of 66.16. GuruFocus rates SHSE:688199 with a GF Score™ of 77/100 and a GF Value™ of ¥23.03 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, Tianjin Jiuri New Materials Co ranks better than 54.95% on this metric.

Tianjin Jiuri New Materials Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥248 Mil. Tianjin Jiuri New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥360 Mil. Hence, Tianjin Jiuri New Materials Co's Days Payable for the three months ended in Mar. 2026 was 62.97.

The historical rank and industry rank for Tianjin Jiuri New Materials Co's Days Payable or its related term are showing as below:

SHSE:688199' s Days Payable Range Over the Past 10 Years
Min: 46.33   Med: 66.16   Max: 112.57
Current: 65.59

During the past 13 years, Tianjin Jiuri New Materials Co's highest Days Payable was 112.57. The lowest was 46.33. And the median was 66.16.

SHSE:688199's Days Payable is ranked better than
54.95% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs SHSE:688199: 65.59

Tianjin Jiuri New Materials Co's Days Payable increased from Mar. 2025 (56.11) to Mar. 2026 (62.97). It may suggest that Tianjin Jiuri New Materials Co delayed paying its suppliers.


Tianjin Jiuri New Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tianjin Jiuri New Materials 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.

Tianjin Jiuri New Materials Co Days Payable Chart

Tianjin Jiuri New Materials 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 63.26 73.24 68.58 56.92 73.64

Tianjin Jiuri New Materials 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 56.11 64.56 73.48 74.60 62.97

SHSE:688199 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Tianjin Jiuri New Materials 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.


Tianjin Jiuri New Materials Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Tianjin Jiuri New Materials Co's Days Payable falls into.


SHSE:688199
77GF Score
Tianjin Jiuri New Materials Co Ltd SHSE:688199
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Jiuri New Materials 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.

Tianjin Jiuri New Materials 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
=( (223.172 + 282.672) / 2 ) / 1253.557*365
=252.922 / 1253.557*365
=73.64

Tianjin Jiuri New Materials 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
=( (282.672 + 213.968) / 2 ) / 359.858*365 / 4
=248.32 / 359.858*365 / 4
=62.97

* 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 62.97 mean?
Tianjin Jiuri New Materials Co (SHSE:688199) has a Days Payable of 62.97 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 Tianjin Jiuri New Materials Co and its competitors. This is near median its historical median of 66.16. Over the past decade, Tianjin Jiuri New Materials Co's Days Payable has ranged from 46.33 to 112.57. According to the industry distribution chart, Tianjin Jiuri New Materials Co ranks #700 out of 1554 companies in the Chemicals industry, placing it in the top 45%.
Is Tianjin Jiuri New Materials Co's Days Payable too high?
Tianjin Jiuri New Materials Co's current Days Payable of 62.97 is near median its 10-year median of 66.16. Over the past 10 years, this metric has ranged from a low of 46.33 to a high of 112.57. The Chemicals industry median Days Payable is 59.88. Tianjin Jiuri New Materials Co's value of 62.97 is 5.2% above this industry median. Based on the distribution chart, Tianjin Jiuri New Materials Co ranks #700 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tianjin Jiuri New Materials Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Jiuri New Materials Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Tianjin Jiuri New Materials Co ranks #700 out of 1554 companies for Days Payable. This puts Tianjin Jiuri New Materials Co in the upper half of its industry. The industry median Days Payable is 59.88. Tianjin Jiuri New Materials Co's value of 62.97 is 5.2% above this benchmark. Historically, Tianjin Jiuri New Materials Co's own Days Payable has ranged from 46.33 to 112.57 over the past decade. While the company's 10-year median is 66.16 vs. the industry median of 59.88, Tianjin Jiuri New Materials 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 59.88, 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. Tianjin Jiuri New Materials Co's current Days Payable of 62.97 is 5.2% 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 Tianjin Jiuri New Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Jiuri New Materials Co's current Days Payable is 62.97, which is near median its own 10-year median of 66.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Jiuri New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Jiuri New Materials Co (SHSE:688199) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.03, compared to a current price of ¥21.68 — trading 5.9% below its estimated fair value. The current Days Payable is 62.97, which is near median its 10-year median of 66.16 and 5.2% above the Chemicals industry median of 59.88. Tianjin Jiuri New Materials Co's overall GF Score™ is 77/100 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 Tianjin Jiuri New Materials Co (SHSE:688199), the current Days Payable is 62.97 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 Tianjin Jiuri New Materials Co (SHSE:688199) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Jiuri New Materials Co stock appears to be undervalued. The current stock price of ¥21.68 is trading 5.9% below its estimated GF Value™ of ¥23.03. GuruFocus considers Tianjin Jiuri New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:688199:

  • Days Payable: 62.97 (near median its 10-year median of 66.16)
  • GF Value™: ¥23.03 vs. price of ¥21.68 (5.9% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 5.2% above the Chemicals median (#700 of 1554)

No single metric tells the full story. See the SHSE:688199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Jiuri New Materials Co Business Description

Address No. 22, Shuangchen Middle Road, Beichen District, Tianjin, CHN, 300384
Tianjin Jiuri New Materials Co Ltd is a manufacturer of photoinitiator. The business activities of the group includes manufacturing, sales and service of photoinitiators monomers, oligomers, UV absorbers and other related products.
77GF Score

Get the complete analysis for SHSE:688199

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

¥21.68
Price
¥23.03
GF Value