Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) Days Payable: 167.46 (As of Mar. 2026) — 17% Above Median

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SHSE:688811 Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
17 GF Score
Price ¥22.90
! 3 Warning Signs
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What is Grinm Metal Composites (Beijing) Technolgy Co Days Payable?

Grinm Metal Composites (Beijing) Technolgy Co SHSE:688811 +5.58% 17 Days Payable is 167.46 as of Mar. 2026, which is 17% above its 10-year median of 143.44. GuruFocus rates SHSE:688811 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,065 Metals & Mining companies, Grinm Metal Composites (Beijing) Technolgy Co ranks worse than 58.31% on this metric.

Grinm Metal Composites (Beijing) Technolgy Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥149.5 Mil. Grinm Metal Composites (Beijing) Technolgy Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥81.4 Mil. Hence, Grinm Metal Composites (Beijing) Technolgy Co's Days Payable for the three months ended in Mar. 2026 was 167.46.

The historical rank and industry rank for Grinm Metal Composites (Beijing) Technolgy Co's Days Payable or its related term are showing as below:

SHSE:688811' s Days Payable Range Over the Past 10 Years
Min: 84.4   Med: 143.44   Max: 172.87
Current: 84.4

During the past 4 years, Grinm Metal Composites (Beijing) Technolgy Co's highest Days Payable was 172.87. The lowest was 84.40. And the median was 143.44.

SHSE:688811's Days Payable is ranked worse than
58.31% of 1065 companies
in the Metals & Mining industry
Industry Median: 124.95 vs SHSE:688811: 84.40

Grinm Metal Composites (Beijing) Technolgy Co's Days Payable declined from Mar. 2025 (427.86) to Mar. 2026 (167.46). It may suggest that Grinm Metal Composites (Beijing) Technolgy Co accelerated paying its suppliers.


Grinm Metal Composites (Beijing) Technolgy Co Days Payable Related Terms


Grinm Metal Composites (Beijing) Technolgy Co Days Payable Historical Data

* Premium members only.

The historical data trend for Grinm Metal Composites (Beijing) Technolgy 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.

Grinm Metal Composites (Beijing) Technolgy Co Days Payable Chart

Grinm Metal Composites (Beijing) Technolgy Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
97.32 123.64 163.24 172.87

Grinm Metal Composites (Beijing) Technolgy Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 427.86 92.20 0.00 34.79 167.46

Grinm Metal Composites (Beijing) Technolgy Co Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Grinm Metal Composites (Beijing) Technolgy 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.


Grinm Metal Composites (Beijing) Technolgy Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grinm Metal Composites (Beijing) Technolgy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Grinm Metal Composites (Beijing) Technolgy Co's Days Payable falls into.


SHSE:688811
17GF Score
Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grinm Metal Composites (Beijing) Technolgy 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.

Grinm Metal Composites (Beijing) Technolgy 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
=( (230.39 + 155.2) / 2 ) / 407.074*365
=192.795 / 407.074*365
=172.87

Grinm Metal Composites (Beijing) Technolgy 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
=( (155.2 + 143.711) / 2 ) / 81.44*365 / 4
=149.4555 / 81.44*365 / 4
=167.46

* 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 167.46 mean?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a Days Payable of 167.46 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 Grinm Metal Composites (Beijing) Technolgy Co and its competitors. This is 17% above median its historical median of 143.44. Over the past decade, Grinm Metal Composites (Beijing) Technolgy Co's Days Payable has ranged from 84.40 to 172.87. According to the industry distribution chart, Grinm Metal Composites (Beijing) Technolgy Co ranks #621 out of 1065 companies in the Metals & Mining industry, placing it in the top 58.3%.
Is Grinm Metal Composites (Beijing) Technolgy Co's Days Payable too high?
Grinm Metal Composites (Beijing) Technolgy Co's current Days Payable of 167.46 is 17% above median its 10-year median of 143.44. Over the past 10 years, this metric has ranged from a low of 84.40 to a high of 172.87. The Metals & Mining industry median Days Payable is 124.95. Grinm Metal Composites (Beijing) Technolgy Co's value of 167.46 is 34% above this industry median. Based on the distribution chart, Grinm Metal Composites (Beijing) Technolgy Co ranks #621 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Grinm Metal Composites (Beijing) Technolgy Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Grinm Metal Composites (Beijing) Technolgy Co's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Grinm Metal Composites (Beijing) Technolgy Co ranks #621 out of 1065 companies for Days Payable. This places Grinm Metal Composites (Beijing) Technolgy Co in the lower half of its industry. The industry median Days Payable is 124.95. Grinm Metal Composites (Beijing) Technolgy Co's value of 167.46 is 34% above this benchmark. Historically, Grinm Metal Composites (Beijing) Technolgy Co's own Days Payable has ranged from 84.40 to 172.87 over the past decade. While the company's 10-year median is 143.44 vs. the industry median of 124.95, Grinm Metal Composites (Beijing) Technolgy 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 124.95, based on 1,065 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. Grinm Metal Composites (Beijing) Technolgy Co's current Days Payable of 167.46 is 34% 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 Grinm Metal Composites (Beijing) Technolgy Co and its competitors. For the Metals & Mining industry, the median Days Payable is 124.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Metal Composites (Beijing) Technolgy Co's current Days Payable is 167.46, which is 17% above median its own 10-year median of 143.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Metal Composites (Beijing) Technolgy Co stock overvalued right now?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a current Days Payable of 167.46. The current Days Payable is 167.46, which is 17% above median its 10-year median of 143.44 and 34% above the Metals & Mining industry median of 124.95. Grinm Metal Composites (Beijing) Technolgy Co's overall GF Score™ is 17/100 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 Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811), the current Days Payable is 167.46 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.

Grinm Metal Composites (Beijing) Technolgy Co Business Description

Address North side of Liushan Street, Gaolou Town, Sanhe City, Hebei Province, Langfang, CHN, 101407
Grinm Metal Composites (Beijing) Technolgy Co Ltd is engaged in the research, development, production and sales of metal composite materials and products, and special non-ferrous metal alloy products. Its activities include the manufacturing and processing of non-ferrous metals, as well as the production and sale of metal matrix and ceramic matrix composites, forgings, and powder metallurgy products.
17GF Score

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¥22.90
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