Guizhou Zhenhua E-chem (SHSE:688707) Days Payable: 272.99 (As of Mar. 2026) — 77% Above Median

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SHSE:688707 Guizhou Zhenhua E-chem Inc SHSE:688707
51 GF Score
Price ¥9.56
GF Value ¥5.06
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Guizhou Zhenhua E-chem Days Payable?

Guizhou Zhenhua E-chem SHSE:688707 -3.24% 51 Days Payable is 272.99 as of Mar. 2026, which is 77% above its 10-year median of 154.39. GuruFocus rates SHSE:688707 with a GF Score™ of 51/100 and a GF Value™ of ¥5.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,554 Chemicals companies, Guizhou Zhenhua E-chem ranks better than 92.47% on this metric.

Guizhou Zhenhua E-chem's average Accounts Payable for the three months ended in Mar. 2026 was ¥660 Mil. Guizhou Zhenhua E-chem's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥221 Mil. Hence, Guizhou Zhenhua E-chem's Days Payable for the three months ended in Mar. 2026 was 272.99.

The historical rank and industry rank for Guizhou Zhenhua E-chem's Days Payable or its related term are showing as below:

SHSE:688707' s Days Payable Range Over the Past 10 Years
Min: 80.91   Med: 154.39   Max: 381.18
Current: 190.82

During the past 12 years, Guizhou Zhenhua E-chem's highest Days Payable was 381.18. The lowest was 80.91. And the median was 154.39.

SHSE:688707's Days Payable is ranked better than
92.47% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:688707: 190.82

Guizhou Zhenhua E-chem's Days Payable declined from Mar. 2025 (320.22) to Mar. 2026 (272.99). It may suggest that Guizhou Zhenhua E-chem accelerated paying its suppliers.


Guizhou Zhenhua E-chem Days Payable Historical Data

* Premium members only.

The historical data trend for Guizhou Zhenhua E-chem'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.

Guizhou Zhenhua E-chem Days Payable Chart

Guizhou Zhenhua E-chem 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 107.15 80.91 205.61 375.61 195.32

Guizhou Zhenhua E-chem 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 320.22 181.26 156.52 150.55 272.99

SHSE:688707 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Guizhou Zhenhua E-chem'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.


Guizhou Zhenhua E-chem Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guizhou Zhenhua E-chem's Days Payable distribution charts can be found below:

* The bar in red indicates where Guizhou Zhenhua E-chem's Days Payable falls into.


SHSE:688707
51GF Score
Guizhou Zhenhua E-chem Inc SHSE:688707
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Guizhou Zhenhua E-chem 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.

Guizhou Zhenhua E-chem'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
=( (1136.593 + 589.644) / 2 ) / 1612.964*365
=863.1185 / 1612.964*365
=195.32

Guizhou Zhenhua E-chem'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
=( (589.644 + 729.739) / 2 ) / 220.509*365 / 4
=659.6915 / 220.509*365 / 4
=272.99

* 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 272.99 mean?
Guizhou Zhenhua E-chem (SHSE:688707) has a Days Payable of 272.99 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 Guizhou Zhenhua E-chem and its competitors. This is 77% above median its historical median of 154.39. Over the past decade, Guizhou Zhenhua E-chem's Days Payable has ranged from 80.91 to 381.18. According to the industry distribution chart, Guizhou Zhenhua E-chem ranks #117 out of 1554 companies in the Chemicals industry, placing it in the top 7.5%.
Is Guizhou Zhenhua E-chem's Days Payable too high?
Guizhou Zhenhua E-chem's current Days Payable of 272.99 is 77% above median its 10-year median of 154.39. Over the past 10 years, this metric has ranged from a low of 80.91 to a high of 381.18. The Chemicals industry median Days Payable is 59.57. Guizhou Zhenhua E-chem's value of 272.99 is 358.3% above this industry median. Based on the distribution chart, Guizhou Zhenhua E-chem ranks #117 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Guizhou Zhenhua E-chem has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Zhenhua E-chem's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Guizhou Zhenhua E-chem ranks #117 out of 1554 companies for Days Payable. This places Guizhou Zhenhua E-chem in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Guizhou Zhenhua E-chem's value of 272.99 is 358.3% above this benchmark. Historically, Guizhou Zhenhua E-chem's own Days Payable has ranged from 80.91 to 381.18 over the past decade. While the company's 10-year median is 154.39 vs. the industry median of 59.57, Guizhou Zhenhua E-chem 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 59.57, based on 1,554 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. Guizhou Zhenhua E-chem's current Days Payable of 272.99 is 358.3% 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 Guizhou Zhenhua E-chem and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Zhenhua E-chem's current Days Payable is 272.99, which is 77% above median its own 10-year median of 154.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Zhenhua E-chem stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Zhenhua E-chem (SHSE:688707) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.06, compared to a current price of ¥9.56 — trading 88.9% above its estimated fair value. The current Days Payable is 272.99, which is 77% above median its 10-year median of 154.39 and 358.3% above the Chemicals industry median of 59.57. Guizhou Zhenhua E-chem's overall GF Score™ is 51/100 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 Guizhou Zhenhua E-chem (SHSE:688707), the current Days Payable is 272.99 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 Guizhou Zhenhua E-chem (SHSE:688707) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Zhenhua E-chem stock appears to be overvalued. The current stock price of ¥9.56 is trading 88.9% above its estimated GF Value™ of ¥5.06. GuruFocus considers Guizhou Zhenhua E-chem to be Significantly Overvalued.

Key valuation signals for SHSE:688707:

  • Days Payable: 272.99 (77% above median its 10-year median of 154.39)
  • GF Value™: ¥5.06 vs. price of ¥9.56 (88.9% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 358.3% above the Chemicals median (#117 of 1554)

No single metric tells the full story. See the SHSE:688707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Zhenhua E-chem Business Description

Address No. 1, Gaokua Road, Baiyun District, Guizhou Province, Guiyang, CHN, 550016
Guizhou Zhenhua E-chem Inc is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.
51GF Score

Get the complete analysis for SHSE:688707

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

¥9.56
Price
¥5.06
GF Value