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Xinjiang Daqo New Energy CoSHSE:688303 +3.85%68 Days Payable is 189.64 as of Mar. 2026, which is 103% above its 10-year median of 93.64. GuruFocus rates SHSE:688303 with a GF Score™ of 68/100 and a GF Value™ of ¥10.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,553 Chemicals companies, Xinjiang Daqo New Energy Co ranks worse than 60.21% on this metric.
* 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.
SHSE:688303 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Xinjiang Daqo New Energy 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.
Xinjiang Daqo New Energy Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Xinjiang Daqo New Energy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Xinjiang Daqo New Energy Co's Days Payable falls into.
Xinjiang Daqo New Energy 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.
Xinjiang Daqo New Energy Co (SHSE:688303) has a Days Payable of 189.64 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 Xinjiang Daqo New Energy Co and its competitors. This is 103% above median its historical median of 93.64. Over the past decade, Xinjiang Daqo New Energy Co's Days Payable has ranged from 22.48 to 126.16. According to the industry distribution chart, Xinjiang Daqo New Energy Co ranks #935 out of 1553 companies in the Chemicals industry, placing it in the top 60.2%.
Is Xinjiang Daqo New Energy Co's Days Payable too high?
Xinjiang Daqo New Energy Co's current Days Payable of 189.64 is 103% above median its 10-year median of 93.64. Over the past 10 years, this metric has ranged from a low of 22.48 to a high of 126.16. The Chemicals industry median Days Payable is 59.59. Xinjiang Daqo New Energy Co's value of 189.64 is 218.2% above this industry median. Based on the distribution chart, Xinjiang Daqo New Energy Co ranks #935 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Xinjiang Daqo New Energy Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Daqo New Energy Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Xinjiang Daqo New Energy Co ranks #935 out of 1553 companies for Days Payable. This places Xinjiang Daqo New Energy Co in the lower half of its industry. The industry median Days Payable is 59.59. Xinjiang Daqo New Energy Co's value of 189.64 is 218.2% above this benchmark. Historically, Xinjiang Daqo New Energy Co's own Days Payable has ranged from 22.48 to 126.16 over the past decade. While the company's 10-year median is 93.64 vs. the industry median of 59.59, Xinjiang Daqo New Energy 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 59.59, based on 1,553 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. Xinjiang Daqo New Energy Co's current Days Payable of 189.64 is 218.2% 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 Xinjiang Daqo New Energy Co and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Daqo New Energy Co's current Days Payable is 189.64, which is 103% above median its own 10-year median of 93.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Daqo New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Daqo New Energy Co (SHSE:688303) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.10, compared to a current price of ¥18.32 — trading 81.4% above its estimated fair value. The current Days Payable is 189.64, which is 103% above median its 10-year median of 93.64 and 218.2% above the Chemicals industry median of 59.59. Xinjiang Daqo New Energy Co's overall GF Score™ is 68/100 with 3 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 Xinjiang Daqo New Energy Co (SHSE:688303), the current Days Payable is 189.64 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 Xinjiang Daqo New Energy Co (SHSE:688303) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Daqo New Energy Co stock appears to be overvalued.
The current stock price of ¥18.32 is trading 81.4% above its estimated GF Value™ of ¥10.10.
GuruFocus considers Xinjiang Daqo New Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:688303:
Days Payable: 189.64 (103% above median its 10-year median of 93.64)
GF Value™: ¥10.10 vs. price of ¥18.32 (81.4% above fair value)
Industry Position: 218.2% above the Chemicals median (#935 of 1553)
No single metric tells the full story. See the SHSE:688303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2011 and headquartered in Xinjiang, China, Daqo New Energy manufactures high-purity polysilicon for use in photovoltaic products. As of 2025, Daqo held about 9% of China's polysilicon market share by production volume. Its production facilities are located in Xinjiang and Inner Mongolia.
68GF Score
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