Jilin OLED Material Tech Co (SHSE:688378) Days Payable: 151.54 (As of Mar. 2026) — Near Median

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SHSE:688378 Jilin OLED Material Tech Co Ltd SHSE:688378
72 GF Score
Price ¥38.25
GF Value ¥29.23
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Jilin OLED Material Tech Co Days Payable?

Jilin OLED Material Tech Co SHSE:688378 -9.42% 72 Days Payable is 151.54 as of Mar. 2026, which is 2% below its 10-year median of 154.35. GuruFocus rates SHSE:688378 with a GF Score™ of 72/100 and a GF Value™ of ¥29.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, Jilin OLED Material Tech Co ranks better than 94.02% on this metric.

Jilin OLED Material Tech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥178.3 Mil. Jilin OLED Material Tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥107.4 Mil. Hence, Jilin OLED Material Tech Co's Days Payable for the three months ended in Mar. 2026 was 151.54.

The historical rank and industry rank for Jilin OLED Material Tech Co's Days Payable or its related term are showing as below:

SHSE:688378' s Days Payable Range Over the Past 10 Years
Min: 77.51   Med: 154.35   Max: 286.69
Current: 207.87

During the past 12 years, Jilin OLED Material Tech Co's highest Days Payable was 286.69. The lowest was 77.51. And the median was 154.35.

SHSE:688378's Days Payable is ranked better than
94.02% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:688378: 207.87

Jilin OLED Material Tech Co's Days Payable declined from Mar. 2025 (158.45) to Mar. 2026 (151.54). It may suggest that Jilin OLED Material Tech Co accelerated paying its suppliers.


Jilin OLED Material Tech Co Days Payable Historical Data

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The historical data trend for Jilin OLED Material Tech 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.

Jilin OLED Material Tech Co Days Payable Chart

Jilin OLED Material Tech 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 118.18 145.66 163.03 191.10 198.47

Jilin OLED Material Tech 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 158.45 211.43 318.70 222.40 151.54

SHSE:688378 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Jilin OLED Material Tech 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.


Jilin OLED Material Tech Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jilin OLED Material Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jilin OLED Material Tech Co's Days Payable falls into.


SHSE:688378
72GF Score
Jilin OLED Material Tech Co Ltd SHSE:688378
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jilin OLED Material Tech 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.

Jilin OLED Material Tech 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
=( (152.874 + 167.217) / 2 ) / 294.33*365
=160.0455 / 294.33*365
=198.47

Jilin OLED Material Tech 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
=( (167.217 + 189.389) / 2 ) / 107.364*365 / 4
=178.303 / 107.364*365 / 4
=151.54

* 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 151.54 mean?
Jilin OLED Material Tech Co (SHSE:688378) has a Days Payable of 151.54 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 Jilin OLED Material Tech Co and its competitors. This is near median its historical median of 154.35. Over the past decade, Jilin OLED Material Tech Co's Days Payable has ranged from 77.51 to 286.69. According to the industry distribution chart, Jilin OLED Material Tech Co ranks #93 out of 1554 companies in the Chemicals industry, placing it in the top 6%.
Is Jilin OLED Material Tech Co's Days Payable too high?
Jilin OLED Material Tech Co's current Days Payable of 151.54 is near median its 10-year median of 154.35. Over the past 10 years, this metric has ranged from a low of 77.51 to a high of 286.69. The Chemicals industry median Days Payable is 59.57. Jilin OLED Material Tech Co's value of 151.54 is 154.4% above this industry median. Based on the distribution chart, Jilin OLED Material Tech Co ranks #93 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jilin OLED Material Tech Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jilin OLED Material Tech Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jilin OLED Material Tech Co ranks #93 out of 1554 companies for Days Payable. This places Jilin OLED Material Tech Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Jilin OLED Material Tech Co's value of 151.54 is 154.4% above this benchmark. Historically, Jilin OLED Material Tech Co's own Days Payable has ranged from 77.51 to 286.69 over the past decade. While the company's 10-year median is 154.35 vs. the industry median of 59.57, Jilin OLED Material Tech 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. Jilin OLED Material Tech Co's current Days Payable of 151.54 is 154.4% 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 Jilin OLED Material Tech 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. Jilin OLED Material Tech Co's current Days Payable is 151.54, which is near median its own 10-year median of 154.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin OLED Material Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin OLED Material Tech Co (SHSE:688378) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.23, compared to a current price of ¥38.25 — trading 30.9% above its estimated fair value. The current Days Payable is 151.54, which is near median its 10-year median of 154.35 and 154.4% above the Chemicals industry median of 59.57. Jilin OLED Material Tech Co's overall GF Score™ is 72/100 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 Jilin OLED Material Tech Co (SHSE:688378), the current Days Payable is 151.54 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 Jilin OLED Material Tech Co (SHSE:688378) Overvalued in 2026?

Based on GuruFocus' analysis, Jilin OLED Material Tech Co stock appears to be overvalued. The current stock price of ¥38.25 is trading 30.9% above its estimated GF Value™ of ¥29.23. GuruFocus considers Jilin OLED Material Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:688378:

  • Days Payable: 151.54 (near median its 10-year median of 154.35)
  • GF Value™: ¥29.23 vs. price of ¥38.25 (30.9% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 154.4% above the Chemicals median (#93 of 1554)

No single metric tells the full story. See the SHSE:688378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jilin OLED Material Tech Co Business Description

Address No. 1111, Heshun Road, No. 61-62, Lane 666, Xianing Road, Jinshan Industrial Zone, Helong Town, Nong'an County, Jilin Province, Shanghai, CHN, 130012
Jilin OLED Material Tech Co Ltd is engaged in research and development, manufacturing, sales and after-sales technical services of organic light-emitting materials terminal materials and evaporation source equipment in the upstream link of the OLED industry chain. The company develops more than one hundred kinds of OLED materials in four categories, including cavity injection layer material, caity transport layer material, light-emitting layer material (fluorescent material system, phosphorescent material system) and electron transport layer material.
72GF Score

Get the complete analysis for SHSE:688378

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

¥38.25
Price
¥29.23
GF Value