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* 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.
Changzhou Fusion New Material Co Days Payable Chart
SHSE:688503 vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Changzhou Fusion New Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Changzhou Fusion New Material Co's Days Payable falls into.
Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co (SHSE:688503) has a Days Payable of 19.52 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Changzhou Fusion New Material Co and its competitors. This is 42% above median its historical median of 13.73. Over the past decade, Changzhou Fusion New Material Co's Days Payable has ranged from 3.82 to 19.82. According to the industry distribution chart, Changzhou Fusion New Material Co ranks #918 out of 1007 companies in the Semiconductors industry, placing it in the top 91.2%.
Is Changzhou Fusion New Material Co's Days Payable too high?
Changzhou Fusion New Material Co's current Days Payable of 19.52 is 42% above median its 10-year median of 13.73. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 19.82. The Semiconductors industry median Days Payable is 54.95. Changzhou Fusion New Material Co's value of 19.52 is 64.5% below this industry median. Based on the distribution chart, Changzhou Fusion New Material Co ranks #918 out of 1007 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Changzhou Fusion New Material Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Fusion New Material Co's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Changzhou Fusion New Material Co ranks #918 out of 1007 companies for Days Payable. This places Changzhou Fusion New Material Co in the lower half of its industry. The industry median Days Payable is 54.95. Changzhou Fusion New Material Co's value of 19.52 is 64.5% below this benchmark. Historically, Changzhou Fusion New Material Co's own Days Payable has ranged from 3.82 to 19.82 over the past decade. While the company's 10-year median is 13.73 vs. the industry median of 54.95, Changzhou Fusion New Material Co has consistently been below 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 54.95, based on 1,007 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. Changzhou Fusion New Material Co's current Days Payable of 19.52 is 64.5% below 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 Changzhou Fusion New Material Co and its competitors. For the Semiconductors industry, the median Days Payable is 54.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Fusion New Material Co's current Days Payable is 19.52, which is 42% above median its own 10-year median of 13.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Fusion New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Fusion New Material Co (SHSE:688503) is currently considered Fairly Valued. The stock's GF Value™ is ¥80.14, compared to a current price of ¥73.88 — trading 7.8% below its estimated fair value. The current Days Payable is 19.52, which is 42% above median its 10-year median of 13.73 and 64.5% below the Semiconductors industry median of 54.95. Changzhou Fusion New Material Co's overall GF Score™ is 90/100 with 10 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 Changzhou Fusion New Material Co (SHSE:688503), the current Days Payable is 19.52 as of Jun. 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 Changzhou Fusion New Material Co (SHSE:688503) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Fusion New Material Co stock appears to be undervalued.
The current stock price of ¥73.88 is trading 7.8% below its estimated GF Value™ of ¥80.14.
GuruFocus considers Changzhou Fusion New Material Co to be Fairly Valued.
Key valuation signals for SHSE:688503:
Days Payable: 19.52 (42% above median its 10-year median of 13.73)
GF Value™: ¥80.14 vs. price of ¥73.88 (7.8% below fair value)
Industry Position: 64.5% below the Semiconductors median (#918 of 1007)
No single metric tells the full story. See the SHSE:688503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.
90GF Score
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