Grandit CoSHSE:688549 -17.10%19 Days Payable is 206.66 as of Mar. 2026, which is 12% below its 10-year median of 235.57. GuruFocus rates SHSE:688549 with a GF Score™ of 19/100 and a GF Value™ of ¥8.84 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,552 Chemicals companies, Grandit Co ranks better than 94.46% on this metric.
Grandit Co's average Accounts Payable for the
three
months ended in Mar. 2026 was ¥699 Mil. Grandit Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ¥309 Mil.
Hence, Grandit Co's Days Payable for the
three
months ended in Mar. 2026 was 206.66.
The historical rank and industry rank for Grandit Co's Days Payable or its related term are showing as below:
SHSE:688549'
s Days Payable Range Over the Past 10 Years
Min: 164.89 Med: 235.57 Max: 303.19
Current: 211.38
During the past 8 years, Grandit Co's highest Days Payable was 303.19. The lowest was 164.89. And the median was 235.57.
SHSE:688549's Days Payable is ranked better than 94.46% of 1552
companies
in the Chemicals industry
Industry Median: 59.645
vs SHSE:688549: 211.38
Grandit Co's Days Payable
declined
from Mar. 2025 (207.82) to Mar. 2026 (206.66).
It may suggest that Grandit Coaccelerated paying its suppliers.
Grandit Co Days Payable Related Terms
Grandit Co Days Payable Historical Data
* Premium members only.
The historical data trend for Grandit 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.
SHSE:688549 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Grandit 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.
Grandit Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Grandit Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Grandit Co's Days Payable falls into.
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.
Grandit Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Grandit Co (SHSE:688549) has a Days Payable of 206.66 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 Grandit Co and its competitors. This is 12% below median its historical median of 235.57. Over the past decade, Grandit Co's Days Payable has ranged from 164.89 to 303.19. According to the industry distribution chart, Grandit Co ranks #86 out of 1552 companies in the Chemicals industry, placing it in the top 5.5%.
Is Grandit Co's Days Payable too high?
Grandit Co's current Days Payable of 206.66 is 12% below median its 10-year median of 235.57. Over the past 10 years, this metric has ranged from a low of 164.89 to a high of 303.19. The Chemicals industry median Days Payable is 59.65. Grandit Co's value of 206.66 is 246.5% above this industry median. Based on the distribution chart, Grandit Co ranks #86 out of 1552 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Grandit Co has a GF Score™ of 19/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grandit Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Grandit Co ranks #86 out of 1552 companies for Days Payable. This places Grandit Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.65. Grandit Co's value of 206.66 is 246.5% above this benchmark. Historically, Grandit Co's own Days Payable has ranged from 164.89 to 303.19 over the past decade. While the company's 10-year median is 235.57 vs. the industry median of 59.65, Grandit 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 59.65, based on 1,552 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. Grandit Co's current Days Payable of 206.66 is 246.5% 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 Grandit Co and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandit Co's current Days Payable is 206.66, which is 12% below median its own 10-year median of 235.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandit Co stock overvalued right now?
Based on GuruFocus' analysis, Grandit Co (SHSE:688549) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.84, compared to a current price of ¥29.33 — trading 231.8% above its estimated fair value. The current Days Payable is 206.66, which is 12% below median its 10-year median of 235.57 and 246.5% above the Chemicals industry median of 59.65. Grandit Co's overall GF Score™ is 19/100 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 Grandit Co (SHSE:688549), the current Days Payable is 206.66 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 Grandit Co (SHSE:688549) Overvalued in 2026?
Based on GuruFocus' analysis, Grandit Co stock appears to be overvalued.
The current stock price of ¥29.33 is trading 231.8% above its estimated GF Value™ of ¥8.84.
GuruFocus considers Grandit Co to be Significantly Overvalued.
Key valuation signals for SHSE:688549:
Days Payable: 206.66 (12% below median its 10-year median of 235.57)
GF Value™: ¥8.84 vs. price of ¥29.33 (231.8% above fair value)
Industry Position: 246.5% above the Chemicals median (#86 of 1552)
No single metric tells the full story. See the SHSE:688549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grandit Co Ltd focuses on the research & development, production and sales of electronic chemical materials required by the semiconductor industry such as integrated circuits and display panels. The company's business has covered three major business segments: electronic wet chemicals, electronic specialty gases and precursor materials.
19GF Score
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