Swancor Advanced Materials Co (SHSE:688585) Days Payable: 132.03 (As of Mar. 2026) — 13% Above Median

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SHSE:688585 Swancor Advanced Materials Co Ltd SHSE:688585
53 GF Score
Price ¥138.97
GF Value ¥8.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Swancor Advanced Materials Co Days Payable?

Swancor Advanced Materials Co SHSE:688585 -2.13% 53 Days Payable is 132.03 as of Mar. 2026, which is 13% above its 10-year median of 117.35. GuruFocus rates SHSE:688585 with a GF Score™ of 53/100 and a GF Value™ of ¥8.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,553 Chemicals companies, Swancor Advanced Materials Co ranks better than 81% on this metric.

Swancor Advanced Materials Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥529 Mil. Swancor Advanced Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥366 Mil. Hence, Swancor Advanced Materials Co's Days Payable for the three months ended in Mar. 2026 was 132.03.

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

SHSE:688585' s Days Payable Range Over the Past 10 Years
Min: 93.6   Med: 117.35   Max: 130.12
Current: 115.79

During the past 10 years, Swancor Advanced Materials Co's highest Days Payable was 130.12. The lowest was 93.60. And the median was 117.35.

SHSE:688585's Days Payable is ranked better than
81% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs SHSE:688585: 115.79

Swancor Advanced Materials Co's Days Payable increased from Mar. 2025 (121.62) to Mar. 2026 (132.03). It may suggest that Swancor Advanced Materials Co delayed paying its suppliers.


Swancor Advanced Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Swancor Advanced Materials 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.

Swancor Advanced Materials Co Days Payable Chart

Swancor Advanced Materials 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 129.85 99.57 93.60 99.96 108.47

Swancor Advanced Materials 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 121.62 119.40 110.97 109.14 132.03

SHSE:688585 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Swancor Advanced Materials 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.


Swancor Advanced Materials Co Days Payable vs Chemicals Industry

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

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


SHSE:688585
53GF Score
Swancor Advanced Materials Co Ltd SHSE:688585
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Swancor Advanced Materials 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.

Swancor Advanced Materials 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
=( (380.788 + 541.882) / 2 ) / 1552.426*365
=461.335 / 1552.426*365
=108.47

Swancor Advanced Materials 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
=( (541.882 + 515.87) / 2 ) / 365.531*365 / 4
=528.876 / 365.531*365 / 4
=132.03

* 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 132.03 mean?
Swancor Advanced Materials Co (SHSE:688585) has a Days Payable of 132.03 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 Swancor Advanced Materials Co and its competitors. This is 13% above median its historical median of 117.35. Over the past decade, Swancor Advanced Materials Co's Days Payable has ranged from 93.60 to 130.12. According to the industry distribution chart, Swancor Advanced Materials Co ranks #295 out of 1553 companies in the Chemicals industry, placing it in the top 19%.
Is Swancor Advanced Materials Co's Days Payable too high?
Swancor Advanced Materials Co's current Days Payable of 132.03 is 13% above median its 10-year median of 117.35. Over the past 10 years, this metric has ranged from a low of 93.60 to a high of 130.12. The Chemicals industry median Days Payable is 59.70. Swancor Advanced Materials Co's value of 132.03 is 121.2% above this industry median. Based on the distribution chart, Swancor Advanced Materials Co ranks #295 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Swancor Advanced Materials Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swancor Advanced Materials Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Swancor Advanced Materials Co ranks #295 out of 1553 companies for Days Payable. This places Swancor Advanced Materials Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.70. Swancor Advanced Materials Co's value of 132.03 is 121.2% above this benchmark. Historically, Swancor Advanced Materials Co's own Days Payable has ranged from 93.60 to 130.12 over the past decade. While the company's 10-year median is 117.35 vs. the industry median of 59.70, Swancor Advanced Materials 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 59.70, 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. Swancor Advanced Materials Co's current Days Payable of 132.03 is 121.2% 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 Swancor Advanced Materials Co and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swancor Advanced Materials Co's current Days Payable is 132.03, which is 13% above median its own 10-year median of 117.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swancor Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Swancor Advanced Materials Co (SHSE:688585) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.98, compared to a current price of ¥138.97 — trading 1447.6% above its estimated fair value. The current Days Payable is 132.03, which is 13% above median its 10-year median of 117.35 and 121.2% above the Chemicals industry median of 59.70. Swancor Advanced Materials Co's overall GF Score™ is 53/100 with 3 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 Swancor Advanced Materials Co (SHSE:688585), the current Days Payable is 132.03 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 Swancor Advanced Materials Co (SHSE:688585) Overvalued in 2026?

Based on GuruFocus' analysis, Swancor Advanced Materials Co stock appears to be overvalued. The current stock price of ¥138.97 is trading 1447.6% above its estimated GF Value™ of ¥8.98. GuruFocus considers Swancor Advanced Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:688585:

  • Days Payable: 132.03 (13% above median its 10-year median of 117.35)
  • GF Value™: ¥8.98 vs. price of ¥138.97 (1447.6% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 121.2% above the Chemicals median (#295 of 1553)

No single metric tells the full story. See the SHSE:688585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swancor Advanced Materials Co Business Description

Address 618 Songsheng Road, Songjiang District, Shanghai, CHN, 201613
Swancor Advanced Materials Co Ltd is a manufacturer of specialty chemicals. The company's main product lines of fine chemical are vinyl ester for anti-corrosion tank and pipe for factories, desulfurization tank, and chimney for power plants; and the other one is epoxy resin and hardener for wind turbine blade. Its products are Epoxy Vinyl Ester Resin & UPR, SMC/BMC Materials, Wind Turbine Materials, and LED Encapsulation Materials.
53GF Score

Get the complete analysis for SHSE:688585

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

¥138.97
Price
¥8.98
GF Value