Polyrocks Chemical Co (SHSE:688669) Days Payable: 104.61 (As of Mar. 2026) — 70% Above Median

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SHSE:688669 Polyrocks Chemical Co Ltd SHSE:688669
53 GF Score
Price ¥60.03
GF Value ¥14.19
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Polyrocks Chemical Co Days Payable?

Polyrocks Chemical Co SHSE:688669 +6.81% 53 Days Payable is 104.61 as of Mar. 2026, which is 70% above its 10-year median of 61.69. GuruFocus rates SHSE:688669 with a GF Score™ of 53/100 and a GF Value™ of ¥14.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,553 Chemicals companies, Polyrocks Chemical Co ranks better than 76.5% on this metric.

Polyrocks Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥798 Mil. Polyrocks Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥696 Mil. Hence, Polyrocks Chemical Co's Days Payable for the three months ended in Mar. 2026 was 104.61.

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

SHSE:688669' s Days Payable Range Over the Past 10 Years
Min: 43.57   Med: 61.69   Max: 102.17
Current: 102.17

During the past 13 years, Polyrocks Chemical Co's highest Days Payable was 102.17. The lowest was 43.57. And the median was 61.69.

SHSE:688669's Days Payable is ranked better than
76.5% of 1553 companies
in the Chemicals industry
Industry Median: 59.59 vs SHSE:688669: 102.17

Polyrocks Chemical Co's Days Payable increased from Mar. 2025 (78.30) to Mar. 2026 (104.61). It may suggest that Polyrocks Chemical Co delayed paying its suppliers.


Polyrocks Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Polyrocks Chemical 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.

Polyrocks Chemical Co Days Payable Chart

Polyrocks Chemical 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 61.36 65.20 89.90 86.36 89.79

Polyrocks Chemical 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 78.30 112.41 108.55 96.14 104.61

SHSE:688669 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Polyrocks Chemical 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.


Polyrocks Chemical Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Polyrocks Chemical Co's Days Payable falls into.


SHSE:688669
53GF Score
Polyrocks Chemical Co Ltd SHSE:688669
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Polyrocks Chemical 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.

Polyrocks Chemical 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
=( (886.318 + 808.683) / 2 ) / 3445.176*365
=847.5005 / 3445.176*365
=89.79

Polyrocks Chemical 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
=( (808.683 + 786.681) / 2 ) / 695.791*365 / 4
=797.682 / 695.791*365 / 4
=104.61

* 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 104.61 mean?
Polyrocks Chemical Co (SHSE:688669) has a Days Payable of 104.61 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 Polyrocks Chemical Co and its competitors. This is 70% above median its historical median of 61.69. Over the past decade, Polyrocks Chemical Co's Days Payable has ranged from 43.57 to 102.17. According to the industry distribution chart, Polyrocks Chemical Co ranks #365 out of 1553 companies in the Chemicals industry, placing it in the top 23.5%.
Is Polyrocks Chemical Co's Days Payable too high?
Polyrocks Chemical Co's current Days Payable of 104.61 is 70% above median its 10-year median of 61.69. Over the past 10 years, this metric has ranged from a low of 43.57 to a high of 102.17. The Chemicals industry median Days Payable is 59.59. Polyrocks Chemical Co's value of 104.61 is 75.5% above this industry median. Based on the distribution chart, Polyrocks Chemical Co ranks #365 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Polyrocks Chemical 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 Polyrocks Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polyrocks Chemical Co ranks #365 out of 1553 companies for Days Payable. This places Polyrocks Chemical Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.59. Polyrocks Chemical Co's value of 104.61 is 75.5% above this benchmark. Historically, Polyrocks Chemical Co's own Days Payable has ranged from 43.57 to 102.17 over the past decade. While the company's 10-year median is 61.69 vs. the industry median of 59.59, Polyrocks Chemical 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 59.59, 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. Polyrocks Chemical Co's current Days Payable of 104.61 is 75.5% 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 Polyrocks Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polyrocks Chemical Co's current Days Payable is 104.61, which is 70% above median its own 10-year median of 61.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyrocks Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Polyrocks Chemical Co (SHSE:688669) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.19, compared to a current price of ¥60.03 — trading 323% above its estimated fair value. The current Days Payable is 104.61, which is 70% above median its 10-year median of 61.69 and 75.5% above the Chemicals industry median of 59.59. Polyrocks Chemical Co's overall GF Score™ is 53/100 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 Polyrocks Chemical Co (SHSE:688669), the current Days Payable is 104.61 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 Polyrocks Chemical Co (SHSE:688669) Overvalued in 2026?

Based on GuruFocus' analysis, Polyrocks Chemical Co stock appears to be overvalued. The current stock price of ¥60.03 is trading 323% above its estimated GF Value™ of ¥14.19. GuruFocus considers Polyrocks Chemical Co to be Significantly Overvalued.

Key valuation signals for SHSE:688669:

  • Days Payable: 104.61 (70% above median its 10-year median of 61.69)
  • GF Value™: ¥14.19 vs. price of ¥60.03 (323% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 75.5% above the Chemicals median (#365 of 1553)

No single metric tells the full story. See the SHSE:688669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polyrocks Chemical Co Business Description

Address High-tech Industrial Development Zone, B6, Xiongxing Industrial City, Guangdong Province, Qingyuan, CHN, 511540
Polyrocks Chemical Co Ltd is engaged in the production and sales of modified plastic particles and products. It offers modified polyolefin materials, engineering plastics, elastomer materials and functional masterbatches. The products are widely used in industries such as automobiles, smart home appliances, communication electronics, sanitary materials, coatings and others.
53GF Score

Get the complete analysis for SHSE:688669

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

¥60.03
Price
¥14.19
GF Value