Jilin Joinature Polymer Co (SHSE:688716) Days Payable: 56.05 (As of Mar. 2026) — 593% Above Median

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SHSE:688716 Jilin Joinature Polymer Co Ltd SHSE:688716
61 GF Score
Price ¥26.17
GF Value ¥35.51
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Jilin Joinature Polymer Co Days Payable?

Jilin Joinature Polymer Co SHSE:688716 -9.76% 61 Days Payable is 56.05 as of Mar. 2026, which is 593% above its 10-year median of 8.09. GuruFocus rates SHSE:688716 with a GF Score™ of 61/100 and a GF Value™ of ¥35.51 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, Jilin Joinature Polymer Co ranks worse than 69.43% on this metric.

Jilin Joinature Polymer Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥19.9 Mil. Jilin Joinature Polymer Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥32.4 Mil. Hence, Jilin Joinature Polymer Co's Days Payable for the three months ended in Mar. 2026 was 56.05.

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

SHSE:688716' s Days Payable Range Over the Past 10 Years
Min: 1.33   Med: 8.09   Max: 93.72
Current: 40.61

During the past 13 years, Jilin Joinature Polymer Co's highest Days Payable was 93.72. The lowest was 1.33. And the median was 8.09.

SHSE:688716's Days Payable is ranked worse than
69.43% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:688716: 40.61

Jilin Joinature Polymer Co's Days Payable increased from Mar. 2025 (33.34) to Mar. 2026 (56.05). It may suggest that Jilin Joinature Polymer Co delayed paying its suppliers.


Jilin Joinature Polymer Co Days Payable Historical Data

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The historical data trend for Jilin Joinature Polymer 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.

Jilin Joinature Polymer Co Days Payable Chart

Jilin Joinature Polymer 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 1.33 2.72 3.80 14.32 26.94

Jilin Joinature Polymer 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 33.34 34.40 44.99 31.20 56.05

SHSE:688716 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Jilin Joinature Polymer 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.


Jilin Joinature Polymer Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Jilin Joinature Polymer Co's Days Payable falls into.


SHSE:688716
61GF Score
Jilin Joinature Polymer Co Ltd SHSE:688716
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jilin Joinature Polymer 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.

Jilin Joinature Polymer 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
=( (11.091 + 14.448) / 2 ) / 173*365
=12.7695 / 173*365
=26.94

Jilin Joinature Polymer 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
=( (14.448 + 25.354) / 2 ) / 32.397*365 / 4
=19.901 / 32.397*365 / 4
=56.05

* 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 56.05 mean?
Jilin Joinature Polymer Co (SHSE:688716) has a Days Payable of 56.05 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 Jilin Joinature Polymer Co and its competitors. This is 593% above median its historical median of 8.09. Over the past decade, Jilin Joinature Polymer Co's Days Payable has ranged from 1.33 to 93.72. According to the industry distribution chart, Jilin Joinature Polymer Co ranks #1079 out of 1554 companies in the Chemicals industry, placing it in the top 69.4%.
Is Jilin Joinature Polymer Co's Days Payable too high?
Jilin Joinature Polymer Co's current Days Payable of 56.05 is 593% above median its 10-year median of 8.09. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 93.72. The Chemicals industry median Days Payable is 59.57. Jilin Joinature Polymer Co's value of 56.05 is 5.9% below this industry median. Based on the distribution chart, Jilin Joinature Polymer Co ranks #1079 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Jilin Joinature Polymer Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jilin Joinature Polymer Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Jilin Joinature Polymer Co ranks #1079 out of 1554 companies for Days Payable. This places Jilin Joinature Polymer Co in the lower half of its industry. The industry median Days Payable is 59.57. Jilin Joinature Polymer Co's value of 56.05 is 5.9% below this benchmark. Historically, Jilin Joinature Polymer Co's own Days Payable has ranged from 1.33 to 93.72 over the past decade. While the company's 10-year median is 8.09 vs. the industry median of 59.57, Jilin Joinature Polymer Co has consistently been below 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. Jilin Joinature Polymer Co's current Days Payable of 56.05 is 5.9% below 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 Jilin Joinature Polymer Co 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. Jilin Joinature Polymer Co's current Days Payable is 56.05, which is 593% above median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin Joinature Polymer Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin Joinature Polymer Co (SHSE:688716) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥35.51, compared to a current price of ¥26.17 — trading 26.3% below its estimated fair value. The current Days Payable is 56.05, which is 593% above median its 10-year median of 8.09 and 5.9% below the Chemicals industry median of 59.57. Jilin Joinature Polymer Co's overall GF Score™ is 61/100 with 6 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 Jilin Joinature Polymer Co (SHSE:688716), the current Days Payable is 56.05 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 Jilin Joinature Polymer Co (SHSE:688716) Overvalued in 2026?

Based on GuruFocus' analysis, Jilin Joinature Polymer Co stock appears to be undervalued. The current stock price of ¥26.17 is trading 26.3% below its estimated GF Value™ of ¥35.51. GuruFocus considers Jilin Joinature Polymer Co to be Modestly Undervalued.

Key valuation signals for SHSE:688716:

  • Days Payable: 56.05 (593% above median its 10-year median of 8.09)
  • GF Value™: ¥35.51 vs. price of ¥26.17 (26.3% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 5.9% below the Chemicals median (#1079 of 1554)

No single metric tells the full story. See the SHSE:688716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jilin Joinature Polymer Co Business Description

Address No. 1177, Zhongyan Road, Advanced Manufacturing Park, Luyuan Economic Development Zone, Luyuan, Jilin, Changchun, CHN, 130113
Jilin Joinature Polymer Co Ltd is a high-tech enterprise integrating research & development, production and sales of polyetheretherketone (PEEK). The company's main product is PEEK in the form of resin, forming an existing product system of two categories, three grades, and six series with a total of 52 specifications and grades. The company's main products are divided into two categories: pure resin and composite reinforced resin.
61GF Score

Get the complete analysis for SHSE:688716

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

¥26.17
Price
¥35.51
GF Value