Orinko Advanced Plastics Co (SHSE:688219) Days Payable: 124.28 (As of Mar. 2026) — 28% Above Median

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SHSE:688219 Orinko Advanced Plastics Co Ltd SHSE:688219
79 GF Score
Price ¥10.18
GF Value ¥12.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Orinko Advanced Plastics Co Days Payable?

Orinko Advanced Plastics Co SHSE:688219 +2.83% 79 Days Payable is 124.28 as of Mar. 2026, which is 28% above its 10-year median of 96.99. GuruFocus rates SHSE:688219 with a GF Score™ of 79/100 and a GF Value™ of ¥12.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Orinko Advanced Plastics Co ranks better than 80.76% on this metric.

Orinko Advanced Plastics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,926 Mil. Orinko Advanced Plastics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,414 Mil. Hence, Orinko Advanced Plastics Co's Days Payable for the three months ended in Mar. 2026 was 124.28.

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

SHSE:688219' s Days Payable Range Over the Past 10 Years
Min: 57.67   Med: 96.99   Max: 129.7
Current: 116.01

During the past 9 years, Orinko Advanced Plastics Co's highest Days Payable was 129.70. The lowest was 57.67. And the median was 96.99.

SHSE:688219's Days Payable is ranked better than
80.76% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:688219: 116.01

Orinko Advanced Plastics Co's Days Payable declined from Mar. 2025 (134.43) to Mar. 2026 (124.28). It may suggest that Orinko Advanced Plastics Co accelerated paying its suppliers.


Orinko Advanced Plastics Co Days Payable Historical Data

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The historical data trend for Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co Days Payable Chart

Orinko Advanced Plastics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 73.92 96.99 113.23 120.73 129.70

Orinko Advanced Plastics 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 134.43 114.72 110.19 116.14 124.28

SHSE:688219 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Orinko Advanced Plastics 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.


Orinko Advanced Plastics Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Orinko Advanced Plastics Co's Days Payable falls into.


SHSE:688219
79GF Score
Orinko Advanced Plastics Co Ltd SHSE:688219
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Orinko Advanced Plastics 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.

Orinko Advanced Plastics 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
=( (1993.037 + 1985.16) / 2 ) / 5597.656*365
=1989.0985 / 5597.656*365
=129.70

Orinko Advanced Plastics 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
=( (1985.16 + 1866.697) / 2 ) / 1414.058*365 / 4
=1925.9285 / 1414.058*365 / 4
=124.28

* 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 124.28 mean?
Orinko Advanced Plastics Co (SHSE:688219) has a Days Payable of 124.28 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 Orinko Advanced Plastics Co and its competitors. This is 28% above median its historical median of 96.99. Over the past decade, Orinko Advanced Plastics Co's Days Payable has ranged from 57.67 to 129.70. According to the industry distribution chart, Orinko Advanced Plastics Co ranks #299 out of 1554 companies in the Chemicals industry, placing it in the top 19.2%.
Is Orinko Advanced Plastics Co's Days Payable too high?
Orinko Advanced Plastics Co's current Days Payable of 124.28 is 28% above median its 10-year median of 96.99. Over the past 10 years, this metric has ranged from a low of 57.67 to a high of 129.70. The Chemicals industry median Days Payable is 59.57. Orinko Advanced Plastics Co's value of 124.28 is 108.6% above this industry median. Based on the distribution chart, Orinko Advanced Plastics Co ranks #299 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Orinko Advanced Plastics Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orinko Advanced Plastics Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Orinko Advanced Plastics Co ranks #299 out of 1554 companies for Days Payable. This places Orinko Advanced Plastics Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Orinko Advanced Plastics Co's value of 124.28 is 108.6% above this benchmark. Historically, Orinko Advanced Plastics Co's own Days Payable has ranged from 57.67 to 129.70 over the past decade. While the company's 10-year median is 96.99 vs. the industry median of 59.57, Orinko Advanced Plastics 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. Orinko Advanced Plastics Co's current Days Payable of 124.28 is 108.6% 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 Orinko Advanced Plastics 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. Orinko Advanced Plastics Co's current Days Payable is 124.28, which is 28% above median its own 10-year median of 96.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orinko Advanced Plastics Co stock overvalued right now?
Based on GuruFocus' analysis, Orinko Advanced Plastics Co (SHSE:688219) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.02, compared to a current price of ¥10.18 — trading 15.3% below its estimated fair value. The current Days Payable is 124.28, which is 28% above median its 10-year median of 96.99 and 108.6% above the Chemicals industry median of 59.57. Orinko Advanced Plastics Co's overall GF Score™ is 79/100 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 Orinko Advanced Plastics Co (SHSE:688219), the current Days Payable is 124.28 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 Orinko Advanced Plastics Co (SHSE:688219) Overvalued in 2026?

Based on GuruFocus' analysis, Orinko Advanced Plastics Co stock appears to be undervalued. The current stock price of ¥10.18 is trading 15.3% below its estimated GF Value™ of ¥12.02. GuruFocus considers Orinko Advanced Plastics Co to be Modestly Undervalued.

Key valuation signals for SHSE:688219:

  • Days Payable: 124.28 (28% above median its 10-year median of 96.99)
  • GF Value™: ¥12.02 vs. price of ¥10.18 (15.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 108.6% above the Chemicals median (#299 of 1554)

No single metric tells the full story. See the SHSE:688219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orinko Advanced Plastics Co Business Description

Address No. 2, Luhua Road, Baiyan Science and Technology Park, High-tech Zone, Hefei, CHN, 231202
Orinko Advanced Plastics Co Ltd is engaged in the research and development, production and sales of polymer modified materials, and providing customers with high-performance and functional material solutions. The company has a variety of product platforms for polyolefins, polystyrenes, engineering plastics and other categories, with a rich product range, and more than 300 varieties of polymer high-performance and functional products. Its products are widely used in many national pillar industries and emerging industries such as home appliances, automobiles, 5G communications, electronic and electrical, medical, rail transit, home building materials, security and so on.
79GF Score

Get the complete analysis for SHSE:688219

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

¥10.18
Price
¥12.02
GF Value