XTC New Energy Materials (Xiamen) Co (SHSE:688778) Days Payable: 172.86 (As of Mar. 2026) — 103% Above Median


SHSE:688778 XTC New Energy Materials (Xiamen) Co Ltd SHSE:688778
84 GF Score
Price ¥49.65
GF Value ¥62.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is XTC New Energy Materials (Xiamen) Co Days Payable?

XTC New Energy Materials (Xiamen) Co SHSE:688778 -0.88% 84 Days Payable is 172.86 as of Mar. 2026, which is 103% above its 10-year median of 85.02. GuruFocus rates SHSE:688778 with a GF Score™ of 84/100 and a GF Value™ of ¥62.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,994 Industrial Products companies, XTC New Energy Materials (Xiamen) Co ranks better than 71.91% on this metric.

XTC New Energy Materials (Xiamen) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥11,425 Mil. XTC New Energy Materials (Xiamen) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥6,031 Mil. Hence, XTC New Energy Materials (Xiamen) Co's Days Payable for the three months ended in Mar. 2026 was 172.86.

The historical rank and industry rank for XTC New Energy Materials (Xiamen) Co's Days Payable or its related term are showing as below:

SHSE:688778' s Days Payable Range Over the Past 10 Years
Min: 68.98   Med: 85.02   Max: 159.81
Current: 133.91

During the past 9 years, XTC New Energy Materials (Xiamen) Co's highest Days Payable was 159.81. The lowest was 68.98. And the median was 85.02.

SHSE:688778's Days Payable is ranked better than
71.91% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:688778: 133.91

XTC New Energy Materials (Xiamen) Co's Days Payable increased from Mar. 2025 (147.07) to Mar. 2026 (172.86). It may suggest that XTC New Energy Materials (Xiamen) Co delayed paying its suppliers.


XTC New Energy Materials (Xiamen) Co Days Payable Related Terms


XTC New Energy Materials (Xiamen) Co Days Payable Historical Data

* Premium members only.

The historical data trend for XTC New Energy Materials (Xiamen) 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.

XTC New Energy Materials (Xiamen) Co Days Payable Chart

XTC New Energy Materials (Xiamen) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 81.70 68.98 100.93 124.93 159.81

XTC New Energy Materials (Xiamen) 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 147.07 104.77 109.66 131.70 172.86

SHSE:688778 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, XTC New Energy Materials (Xiamen) 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.


XTC New Energy Materials (Xiamen) Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, XTC New Energy Materials (Xiamen) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where XTC New Energy Materials (Xiamen) Co's Days Payable falls into.


SHSE:688778
84GF Score
XTC New Energy Materials (Xiamen) Co Ltd SHSE:688778
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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XTC New Energy Materials (Xiamen) 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.

XTC New Energy Materials (Xiamen) 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
=( (4666.381 + 11007.086) / 2 ) / 17898.947*365
=7836.7335 / 17898.947*365
=159.81

XTC New Energy Materials (Xiamen) 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
=( (11007.086 + 11843.496) / 2 ) / 6031.354*365 / 4
=11425.291 / 6031.354*365 / 4
=172.86

* 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 172.86 mean?
XTC New Energy Materials (Xiamen) Co (SHSE:688778) has a Days Payable of 172.86 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 XTC New Energy Materials (Xiamen) Co and its competitors. This is 103% above median its historical median of 85.02. Over the past decade, XTC New Energy Materials (Xiamen) Co's Days Payable has ranged from 68.98 to 159.81. According to the industry distribution chart, XTC New Energy Materials (Xiamen) Co ranks #841 out of 2994 companies in the Industrial Products industry, placing it in the top 28.1%.
Is XTC New Energy Materials (Xiamen) Co's Days Payable too high?
XTC New Energy Materials (Xiamen) Co's current Days Payable of 172.86 is 103% above median its 10-year median of 85.02. Over the past 10 years, this metric has ranged from a low of 68.98 to a high of 159.81. The Industrial Products industry median Days Payable is 78.05. XTC New Energy Materials (Xiamen) Co's value of 172.86 is 121.5% above this industry median. Based on the distribution chart, XTC New Energy Materials (Xiamen) Co ranks #841 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, XTC New Energy Materials (Xiamen) Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XTC New Energy Materials (Xiamen) Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, XTC New Energy Materials (Xiamen) Co ranks #841 out of 2994 companies for Days Payable. This puts XTC New Energy Materials (Xiamen) Co in the upper half of its industry. The industry median Days Payable is 78.05. XTC New Energy Materials (Xiamen) Co's value of 172.86 is 121.5% above this benchmark. Historically, XTC New Energy Materials (Xiamen) Co's own Days Payable has ranged from 68.98 to 159.81 over the past decade. While the company's 10-year median is 85.02 vs. the industry median of 78.05, XTC New Energy Materials (Xiamen) 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. XTC New Energy Materials (Xiamen) Co's current Days Payable of 172.86 is 121.5% 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 XTC New Energy Materials (Xiamen) Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XTC New Energy Materials (Xiamen) Co's current Days Payable is 172.86, which is 103% above median its own 10-year median of 85.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTC New Energy Materials (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co (SHSE:688778) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥62.88, compared to a current price of ¥49.65 — trading 21% below its estimated fair value. The current Days Payable is 172.86, which is 103% above median its 10-year median of 85.02 and 121.5% above the Industrial Products industry median of 78.05. XTC New Energy Materials (Xiamen) Co's overall GF Score™ is 84/100 with 4 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778), the current Days Payable is 172.86 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778) Overvalued in 2026?

Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co stock appears to be undervalued. The current stock price of ¥49.65 is trading 21% below its estimated GF Value™ of ¥62.88. GuruFocus considers XTC New Energy Materials (Xiamen) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688778:

  • Days Payable: 172.86 (103% above median its 10-year median of 85.02)
  • GF Value™: ¥62.88 vs. price of ¥49.65 (21% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 121.5% above the Industrial Products median (#841 of 2994)

No single metric tells the full story. See the SHSE:688778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XTC New Energy Materials (Xiamen) Co Business Description

Address One of No. 300 Kejingshe, Fujian Pilot Free Trade Zone, Xiamen, CHN, 361026
XTC New Energy Materials (Xiamen) Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.
84GF Score

Get the complete analysis for SHSE:688778

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

¥49.65
Price
¥62.88
GF Value