Crown Advanced Material Co (SHSE:688560) Days Payable: 78.11 (As of Jun. 2026) — 39% Below Median

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SHSE:688560 Crown Advanced Material Co Ltd SHSE:688560
67 GF Score
Price ¥12.22
GF Value ¥11.18
Valuation Fairly Valued
! 1 Warning Sign
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What is Crown Advanced Material Co Days Payable?

Crown Advanced Material Co SHSE:688560 +0.41% 67 Days Payable is 78.11 as of Jun. 2026, which is 39% below its 10-year median of 128.43. GuruFocus rates SHSE:688560 with a GF Score™ of 67/100 and a GF Value™ of ¥11.18 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,562 Chemicals companies, Crown Advanced Material Co ranks better than 61.01% on this metric.

Crown Advanced Material Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥153.5 Mil. Crown Advanced Material Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥179.3 Mil. Hence, Crown Advanced Material Co's Days Payable for the three months ended in Jun. 2026 was 78.11.

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

SHSE:688560' s Days Payable Range Over the Past 10 Years
Min: 68.91   Med: 128.43   Max: 162.6
Current: 73

During the past 11 years, Crown Advanced Material Co's highest Days Payable was 162.60. The lowest was 68.91. And the median was 128.43.

SHSE:688560's Days Payable is ranked better than
61.01% of 1562 companies
in the Chemicals industry
Industry Median: 59.355 vs SHSE:688560: 73.00

Crown Advanced Material Co's Days Payable increased from Jun. 2025 (52.62) to Jun. 2026 (78.11). It may suggest that Crown Advanced Material Co delayed paying its suppliers.


Crown Advanced Material Co Days Payable Historical Data

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The historical data trend for Crown Advanced Material 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.

Crown Advanced Material Co Days Payable Chart

Crown Advanced Material 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 141.62 126.65 130.21 124.17 68.91

Crown Advanced Material Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 52.62 73.53 69.27 73.19 78.11

SHSE:688560 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Crown Advanced 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.


Crown Advanced Material Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Crown Advanced Material Co's Days Payable falls into.


SHSE:688560
67GF Score
Crown Advanced Material Co Ltd SHSE:688560
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Crown Advanced 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.

Crown Advanced Material 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
=( (133.16 + 149.695) / 2 ) / 749.081*365
=141.4275 / 749.081*365
=68.91

Crown Advanced Material Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (150.722 + 156.27) / 2 ) / 179.329*365 / 4
=153.496 / 179.329*365 / 4
=78.11

* 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 78.11 mean?
Crown Advanced Material Co (SHSE:688560) has a Days Payable of 78.11 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 Crown Advanced Material Co and its competitors. This is 39% below median its historical median of 128.43. Over the past decade, Crown Advanced Material Co's Days Payable has ranged from 68.91 to 162.60. According to the industry distribution chart, Crown Advanced Material Co ranks #609 out of 1562 companies in the Chemicals industry, placing it in the top 39%.
Is Crown Advanced Material Co's Days Payable too high?
Crown Advanced Material Co's current Days Payable of 78.11 is 39% below median its 10-year median of 128.43. Over the past 10 years, this metric has ranged from a low of 68.91 to a high of 162.60. The Chemicals industry median Days Payable is 59.36. Crown Advanced Material Co's value of 78.11 is 31.6% above this industry median. Based on the distribution chart, Crown Advanced Material Co ranks #609 out of 1562 companies in the Chemicals industry, which is above the industry midpoint. Overall, Crown Advanced Material Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Crown Advanced Material Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Crown Advanced Material Co ranks #609 out of 1562 companies for Days Payable. This puts Crown Advanced Material Co in the upper half of its industry. The industry median Days Payable is 59.36. Crown Advanced Material Co's value of 78.11 is 31.6% above this benchmark. Historically, Crown Advanced Material Co's own Days Payable has ranged from 68.91 to 162.60 over the past decade. While the company's 10-year median is 128.43 vs. the industry median of 59.36, Crown Advanced Material 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 59.36, based on 1,562 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. Crown Advanced Material Co's current Days Payable of 78.11 is 31.6% 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 Crown Advanced Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown Advanced Material Co's current Days Payable is 78.11, which is 39% below median its own 10-year median of 128.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Crown Advanced Material Co (SHSE:688560) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.18, compared to a current price of ¥12.22 — trading 9.3% above its estimated fair value. The current Days Payable is 78.11, which is 39% below median its 10-year median of 128.43 and 31.6% above the Chemicals industry median of 59.36. Crown Advanced Material Co's overall GF Score™ is 67/100 with 1 warning sign 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 Crown Advanced Material Co (SHSE:688560), the current Days Payable is 78.11 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 Crown Advanced Material Co (SHSE:688560) Overvalued in 2026?

Based on GuruFocus' analysis, Crown Advanced Material Co stock appears to be overvalued. The current stock price of ¥12.22 is trading 9.3% above its estimated GF Value™ of ¥11.18. GuruFocus considers Crown Advanced Material Co to be Fairly Valued.

Key valuation signals for SHSE:688560:

  • Days Payable: 78.11 (39% below median its 10-year median of 128.43)
  • GF Value™: ¥11.18 vs. price of ¥12.22 (9.3% above fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 31.6% above the Chemicals median (#609 of 1562)

No single metric tells the full story. See the SHSE:688560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crown Advanced Material Co Business Description

Address No. 32, Jingfa Avenue, Yichun Economic and Technological Development Zone, Jiangxi Province, Yichun, CHN, 336000
Crown Advanced Material Co Ltd is engaged in the research and development and manufacturing of multifunctional composite materials. It mainly deals in new composite film materials such as solar battery backsheets, aluminum plastic films, and special protective materials. Further, it focuses on the development and manufacturing of advanced new materials in the field of new energy and building materials transportation.
67GF Score

Get the complete analysis for SHSE:688560

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

¥12.22
Price
¥11.18
GF Value