Jiangsu HSC New Energy Materials Co (SHSE:688353) Days Payable: 238.16 (As of Mar. 2026) — 25% Above Median

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SHSE:688353 Jiangsu HSC New Energy Materials Co Ltd SHSE:688353
60 GF Score
Price ¥93.03
GF Value ¥48.57
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Jiangsu HSC New Energy Materials Co Days Payable?

Jiangsu HSC New Energy Materials Co SHSE:688353 +3.38% 60 Days Payable is 238.16 as of Mar. 2026, which is 25% above its 10-year median of 190.30. GuruFocus rates SHSE:688353 with a GF Score™ of 60/100 and a GF Value™ of ¥48.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,553 Chemicals companies, Jiangsu HSC New Energy Materials Co ranks better than 91.5% on this metric.

Jiangsu HSC New Energy Materials Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥385 Mil. Jiangsu HSC New Energy Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥148 Mil. Hence, Jiangsu HSC New Energy Materials Co's Days Payable for the three months ended in Mar. 2026 was 238.16.

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

SHSE:688353' s Days Payable Range Over the Past 10 Years
Min: 123.72   Med: 190.3   Max: 319.57
Current: 179.87

During the past 8 years, Jiangsu HSC New Energy Materials Co's highest Days Payable was 319.57. The lowest was 123.72. And the median was 190.30.

SHSE:688353's Days Payable is ranked better than
91.5% of 1553 companies
in the Chemicals industry
Industry Median: 59.54 vs SHSE:688353: 179.87

Jiangsu HSC New Energy Materials Co's Days Payable increased from Mar. 2025 (221.01) to Mar. 2026 (238.16). It may suggest that Jiangsu HSC New Energy Materials Co delayed paying its suppliers.


Jiangsu HSC New Energy Materials Co Days Payable Related Terms


Jiangsu HSC New Energy Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu HSC New Energy 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.

Jiangsu HSC New Energy Materials Co Days Payable Chart

Jiangsu HSC New Energy Materials Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 123.72 238.06 319.57 250.64 190.30

Jiangsu HSC New Energy 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 221.01 187.34 163.14 139.16 238.16

SHSE:688353 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Jiangsu HSC New Energy 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.


Jiangsu HSC New Energy Materials Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Jiangsu HSC New Energy Materials Co's Days Payable falls into.


SHSE:688353
60GF Score
Jiangsu HSC New Energy Materials Co Ltd SHSE:688353
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu HSC New Energy 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.

Jiangsu HSC New Energy 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
=( (452.038 + 363.16) / 2 ) / 781.777*365
=407.599 / 781.777*365
=190.30

Jiangsu HSC New Energy 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
=( (363.16 + 406.952) / 2 ) / 147.533*365 / 4
=385.056 / 147.533*365 / 4
=238.16

* 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 238.16 mean?
Jiangsu HSC New Energy Materials Co (SHSE:688353) has a Days Payable of 238.16 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 Jiangsu HSC New Energy Materials Co and its competitors. This is 25% above median its historical median of 190.30. Over the past decade, Jiangsu HSC New Energy Materials Co's Days Payable has ranged from 123.72 to 319.57. According to the industry distribution chart, Jiangsu HSC New Energy Materials Co ranks #132 out of 1553 companies in the Chemicals industry, placing it in the top 8.5%.
Is Jiangsu HSC New Energy Materials Co's Days Payable too high?
Jiangsu HSC New Energy Materials Co's current Days Payable of 238.16 is 25% above median its 10-year median of 190.30. Over the past 10 years, this metric has ranged from a low of 123.72 to a high of 319.57. The Chemicals industry median Days Payable is 59.54. Jiangsu HSC New Energy Materials Co's value of 238.16 is 300% above this industry median. Based on the distribution chart, Jiangsu HSC New Energy Materials Co ranks #132 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu HSC New Energy Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu HSC New Energy Materials Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu HSC New Energy Materials Co ranks #132 out of 1553 companies for Days Payable. This places Jiangsu HSC New Energy Materials Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.54. Jiangsu HSC New Energy Materials Co's value of 238.16 is 300% above this benchmark. Historically, Jiangsu HSC New Energy Materials Co's own Days Payable has ranged from 123.72 to 319.57 over the past decade. While the company's 10-year median is 190.30 vs. the industry median of 59.54, Jiangsu HSC New Energy 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 59.54, 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. Jiangsu HSC New Energy Materials Co's current Days Payable of 238.16 is 300% 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 Jiangsu HSC New Energy Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu HSC New Energy Materials Co's current Days Payable is 238.16, which is 25% above median its own 10-year median of 190.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu HSC New Energy Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu HSC New Energy Materials Co (SHSE:688353) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥48.57, compared to a current price of ¥93.03 — trading 91.5% above its estimated fair value. The current Days Payable is 238.16, which is 25% above median its 10-year median of 190.30 and 300% above the Chemicals industry median of 59.54. Jiangsu HSC New Energy Materials Co's overall GF Score™ is 60/100 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 Jiangsu HSC New Energy Materials Co (SHSE:688353), the current Days Payable is 238.16 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 Jiangsu HSC New Energy Materials Co (SHSE:688353) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu HSC New Energy Materials Co stock appears to be overvalued. The current stock price of ¥93.03 is trading 91.5% above its estimated GF Value™ of ¥48.57. GuruFocus considers Jiangsu HSC New Energy Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:688353:

  • Days Payable: 238.16 (25% above median its 10-year median of 190.30)
  • GF Value™: ¥48.57 vs. price of ¥93.03 (91.5% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 300% above the Chemicals median (#132 of 1553)

No single metric tells the full story. See the SHSE:688353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu HSC New Energy Materials Co Business Description

Address No. 1, Desheng Road, Yangtze River International Chemical Industrial Park, Jiangsu Province, Zhangjiagang, CHN, 215600
Jiangsu HSC New Energy Materials Co Ltd is engaged in the production and sales of lithium battery electrolyte additives. The company's products mainly include two series of electronic chemicals and special silicones. In the field of electronic chemicals, the company supplies vinylene carbonate (VC) and fluoroethylene carbonate (FEC) in the market. The products are widely used in new energy vehicles, electric two-wheelers, power tools, UPS power supplies, mobile base station power supply, photovoltaic power station, 3C products and other fields. In the field of special silicones, the company manufacturers the technology of non-phosgene production of isocyanate silanes.
60GF Score

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

¥93.03
Price
¥48.57
GF Value