Jiangsu Favored Nanotechnology Co (SHSE:688371) Days Payable: 161.14 (As of Mar. 2026) — 35% Above Median

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SHSE:688371 Jiangsu Favored Nanotechnology Co Ltd SHSE:688371
71 GF Score
Price ¥22.99
GF Value ¥19.68
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Jiangsu Favored Nanotechnology Co Days Payable?

Jiangsu Favored Nanotechnology Co SHSE:688371 +10.16% 71 Days Payable is 161.14 as of Mar. 2026, which is 35% above its 10-year median of 118.98. GuruFocus rates SHSE:688371 with a GF Score™ of 71/100 and a GF Value™ of ¥19.68 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,553 Chemicals companies, Jiangsu Favored Nanotechnology Co ranks better than 78.94% on this metric.

Jiangsu Favored Nanotechnology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥93.7 Mil. Jiangsu Favored Nanotechnology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥53.1 Mil. Hence, Jiangsu Favored Nanotechnology Co's Days Payable for the three months ended in Mar. 2026 was 161.14.

The historical rank and industry rank for Jiangsu Favored Nanotechnology Co's Days Payable or its related term are showing as below:

SHSE:688371' s Days Payable Range Over the Past 10 Years
Min: 46.09   Med: 118.98   Max: 157.57
Current: 108.26

During the past 8 years, Jiangsu Favored Nanotechnology Co's highest Days Payable was 157.57. The lowest was 46.09. And the median was 118.98.

SHSE:688371's Days Payable is ranked better than
78.94% of 1553 companies
in the Chemicals industry
Industry Median: 59.59 vs SHSE:688371: 108.26

Jiangsu Favored Nanotechnology Co's Days Payable increased from Mar. 2025 (129.99) to Mar. 2026 (161.14). It may suggest that Jiangsu Favored Nanotechnology Co delayed paying its suppliers.


Jiangsu Favored Nanotechnology Co Days Payable Related Terms


Jiangsu Favored Nanotechnology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Favored Nanotechnology 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 Favored Nanotechnology Co Days Payable Chart

Jiangsu Favored Nanotechnology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 99.53 133.25 157.57 146.35 118.98

Jiangsu Favored Nanotechnology 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 129.99 124.61 111.49 77.65 161.14

SHSE:688371 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Jiangsu Favored Nanotechnology 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 Favored Nanotechnology Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Jiangsu Favored Nanotechnology Co's Days Payable falls into.


SHSE:688371
71GF Score
Jiangsu Favored Nanotechnology Co Ltd SHSE:688371
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Favored Nanotechnology 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 Favored Nanotechnology 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
=( (81.514 + 99.681) / 2 ) / 277.941*365
=90.5975 / 277.941*365
=118.98

Jiangsu Favored Nanotechnology 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
=( (99.681 + 87.738) / 2 ) / 53.065*365 / 4
=93.7095 / 53.065*365 / 4
=161.14

* 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 161.14 mean?
Jiangsu Favored Nanotechnology Co (SHSE:688371) has a Days Payable of 161.14 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 Favored Nanotechnology Co and its competitors. This is 35% above median its historical median of 118.98. Over the past decade, Jiangsu Favored Nanotechnology Co's Days Payable has ranged from 46.09 to 157.57. According to the industry distribution chart, Jiangsu Favored Nanotechnology Co ranks #327 out of 1553 companies in the Chemicals industry, placing it in the top 21.1%.
Is Jiangsu Favored Nanotechnology Co's Days Payable too high?
Jiangsu Favored Nanotechnology Co's current Days Payable of 161.14 is 35% above median its 10-year median of 118.98. Over the past 10 years, this metric has ranged from a low of 46.09 to a high of 157.57. The Chemicals industry median Days Payable is 59.59. Jiangsu Favored Nanotechnology Co's value of 161.14 is 170.4% above this industry median. Based on the distribution chart, Jiangsu Favored Nanotechnology Co ranks #327 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Favored Nanotechnology Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Favored Nanotechnology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Favored Nanotechnology Co ranks #327 out of 1553 companies for Days Payable. This places Jiangsu Favored Nanotechnology Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.59. Jiangsu Favored Nanotechnology Co's value of 161.14 is 170.4% above this benchmark. Historically, Jiangsu Favored Nanotechnology Co's own Days Payable has ranged from 46.09 to 157.57 over the past decade. While the company's 10-year median is 118.98 vs. the industry median of 59.59, Jiangsu Favored Nanotechnology 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. Jiangsu Favored Nanotechnology Co's current Days Payable of 161.14 is 170.4% 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 Favored Nanotechnology 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. Jiangsu Favored Nanotechnology Co's current Days Payable is 161.14, which is 35% above median its own 10-year median of 118.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Favored Nanotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Favored Nanotechnology Co (SHSE:688371) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.68, compared to a current price of ¥22.99 — trading 16.8% above its estimated fair value. The current Days Payable is 161.14, which is 35% above median its 10-year median of 118.98 and 170.4% above the Chemicals industry median of 59.59. Jiangsu Favored Nanotechnology Co's overall GF Score™ is 71/100 with 2 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 Favored Nanotechnology Co (SHSE:688371), the current Days Payable is 161.14 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 Favored Nanotechnology Co (SHSE:688371) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Favored Nanotechnology Co stock appears to be overvalued. The current stock price of ¥22.99 is trading 16.8% above its estimated GF Value™ of ¥19.68. GuruFocus considers Jiangsu Favored Nanotechnology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688371:

  • Days Payable: 161.14 (35% above median its 10-year median of 118.98)
  • GF Value™: ¥19.68 vs. price of ¥22.99 (16.8% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 170.4% above the Chemicals median (#327 of 1553)

No single metric tells the full story. See the SHSE:688371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Favored Nanotechnology Co Business Description

Address No. 182, East Ring Road, Yuqi Supporting Area, Huishan Economic Development Zone, Jiangsu Province, Wuxi, CHN, 214183
Jiangsu Favored Nanotechnology Co Ltd is engaged in the development and preparation of high-performance, multifunctional nanofilms.
71GF Score

Get the complete analysis for SHSE:688371

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

¥22.99
Price
¥19.68
GF Value