Tinergy Chemical Co (SZSE:002145) Days Payable: 159.70 (As of Mar. 2026) — Near Median

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SZSE:002145 Tinergy Chemical Co Ltd SZSE:002145
73 GF Score
Price ¥4.32
GF Value ¥5.68
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tinergy Chemical Co Days Payable?

Tinergy Chemical Co SZSE:002145 -2.70% 73 Days Payable is 159.70 as of Mar. 2026, which is 7% below its 10-year median of 171.32. GuruFocus rates SZSE:002145 with a GF Score™ of 73/100 and a GF Value™ of ¥5.68 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, Tinergy Chemical Co ranks better than 90.6% on this metric.

Tinergy Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,317 Mil. Tinergy Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,895 Mil. Hence, Tinergy Chemical Co's Days Payable for the three months ended in Mar. 2026 was 159.70.

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

SZSE:002145' s Days Payable Range Over the Past 10 Years
Min: 137.74   Med: 171.32   Max: 233.67
Current: 168.52

During the past 13 years, Tinergy Chemical Co's highest Days Payable was 233.67. The lowest was 137.74. And the median was 171.32.

SZSE:002145's Days Payable is ranked better than
90.6% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SZSE:002145: 168.52

Tinergy Chemical Co's Days Payable increased from Mar. 2025 (142.02) to Mar. 2026 (159.70). It may suggest that Tinergy Chemical Co delayed paying its suppliers.


Tinergy Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tinergy 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.

Tinergy Chemical Co Days Payable Chart

Tinergy 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 205.86 223.04 233.67 161.67 160.34

Tinergy 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 142.02 194.16 167.08 161.86 159.70

SZSE:002145 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Tinergy 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.


Tinergy Chemical Co Days Payable vs Chemicals Industry

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

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


SZSE:002145
73GF Score
Tinergy Chemical Co Ltd SZSE:002145
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tinergy 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.

Tinergy 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
=( (2647.507 + 3252.858) / 2 ) / 6715.904*365
=2950.1825 / 6715.904*365
=160.34

Tinergy 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
=( (3252.858 + 3381.87) / 2 ) / 1895.46*365 / 4
=3317.364 / 1895.46*365 / 4
=159.70

* 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 159.70 mean?
Tinergy Chemical Co (SZSE:002145) has a Days Payable of 159.70 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 Tinergy Chemical Co and its competitors. This is near median its historical median of 171.32. Over the past decade, Tinergy Chemical Co's Days Payable has ranged from 137.74 to 233.67. According to the industry distribution chart, Tinergy Chemical Co ranks #146 out of 1554 companies in the Chemicals industry, placing it in the top 9.4%.
Is Tinergy Chemical Co's Days Payable too high?
Tinergy Chemical Co's current Days Payable of 159.70 is near median its 10-year median of 171.32. Over the past 10 years, this metric has ranged from a low of 137.74 to a high of 233.67. The Chemicals industry median Days Payable is 59.57. Tinergy Chemical Co's value of 159.70 is 168.1% above this industry median. Based on the distribution chart, Tinergy Chemical Co ranks #146 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tinergy Chemical Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tinergy Chemical Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Tinergy Chemical Co ranks #146 out of 1554 companies for Days Payable. This places Tinergy Chemical Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Tinergy Chemical Co's value of 159.70 is 168.1% above this benchmark. Historically, Tinergy Chemical Co's own Days Payable has ranged from 137.74 to 233.67 over the past decade. While the company's 10-year median is 171.32 vs. the industry median of 59.57, Tinergy 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 59.57, 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. Tinergy Chemical Co's current Days Payable of 159.70 is 168.1% 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 Tinergy Chemical 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. Tinergy Chemical Co's current Days Payable is 159.70, which is near median its own 10-year median of 171.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tinergy Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Tinergy Chemical Co (SZSE:002145) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.68, compared to a current price of ¥4.32 — trading 23.9% below its estimated fair value. The current Days Payable is 159.70, which is near median its 10-year median of 171.32 and 168.1% above the Chemicals industry median of 59.57. Tinergy Chemical Co's overall GF Score™ is 73/100 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 Tinergy Chemical Co (SZSE:002145), the current Days Payable is 159.70 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 Tinergy Chemical Co (SZSE:002145) Overvalued in 2026?

Based on GuruFocus' analysis, Tinergy Chemical Co stock appears to be undervalued. The current stock price of ¥4.32 is trading 23.9% below its estimated GF Value™ of ¥5.68. GuruFocus considers Tinergy Chemical Co to be Modestly Undervalued.

Key valuation signals for SZSE:002145:

  • Days Payable: 159.70 (near median its 10-year median of 171.32)
  • GF Value™: ¥5.68 vs. price of ¥4.32 (23.9% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 168.1% above the Chemicals median (#146 of 1554)

No single metric tells the full story. See the SZSE:002145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tinergy Chemical Co Business Description

Address No. 117, Luojiatan, Baiyin District, Gansu Province, Baiyin, CHN, 730900
Tinergy Chemical Co Ltd is engaged in the Production, sales and services of titanium dioxide products, mainly rutile titanium dioxide and anatase titanium dioxide series products.
73GF Score

Get the complete analysis for SZSE:002145

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

¥4.32
Price
¥5.68
GF Value