HeBei MeiBang Engineering and Technology Co (BJSE:920471) Days Payable: 90.20 (As of Jun. 2026) — 31% Below Median

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BJSE:920471 HeBei MeiBang Engineering and Technology Co Ltd BJSE:920471
79 GF Score
Price ¥12.01
GF Value ¥15.79
Valuation Modestly Undervalued
! 5 Warning Signs
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What is HeBei MeiBang Engineering and Technology Co Days Payable?

HeBei MeiBang Engineering and Technology Co BJSE:920471 79 Days Payable is 90.20 as of Jun. 2026, which is 31% below its 10-year median of 131.50. GuruFocus rates BJSE:920471 with a GF Score™ of 79/100 and a GF Value™ of ¥15.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,562 Chemicals companies, HeBei MeiBang Engineering and Technology Co ranks better than 80.79% on this metric.

HeBei MeiBang Engineering and Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥99.6 Mil. HeBei MeiBang Engineering and Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥100.7 Mil. Hence, HeBei MeiBang Engineering and Technology Co's Days Payable for the three months ended in Jun. 2026 was 90.20.

The historical rank and industry rank for HeBei MeiBang Engineering and Technology Co's Days Payable or its related term are showing as below:

BJSE:920471' s Days Payable Range Over the Past 10 Years
Min: 96.71   Med: 131.5   Max: 435.33
Current: 106.46

During the past 13 years, HeBei MeiBang Engineering and Technology Co's highest Days Payable was 435.33. The lowest was 96.71. And the median was 131.50.

BJSE:920471's Days Payable is ranked better than
80.79% of 1562 companies
in the Chemicals industry
Industry Median: 59.235 vs BJSE:920471: 106.46

HeBei MeiBang Engineering and Technology Co's Days Payable declined from Jun. 2025 (113.81) to Jun. 2026 (90.20). It may suggest that HeBei MeiBang Engineering and Technology Co accelerated paying its suppliers.


HeBei MeiBang Engineering and Technology Co Days Payable Related Terms


HeBei MeiBang Engineering and Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for HeBei MeiBang Engineering and Technology 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.

HeBei MeiBang Engineering and Technology Co Days Payable Chart

HeBei MeiBang Engineering and Technology 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 141.45 102.82 102.88 108.49 121.55

HeBei MeiBang Engineering and Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 113.81 128.94 113.15 100.53 90.20

BJSE:920471 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, HeBei MeiBang Engineering and Technology 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.


HeBei MeiBang Engineering and Technology Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, HeBei MeiBang Engineering and Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HeBei MeiBang Engineering and Technology Co's Days Payable falls into.


BJSE:920471
79GF Score
HeBei MeiBang Engineering and Technology Co Ltd BJSE:920471
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HeBei MeiBang Engineering and Technology 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.

HeBei MeiBang Engineering and Technology 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
=( (138.252 + 110.654) / 2 ) / 373.721*365
=124.453 / 373.721*365
=121.55

HeBei MeiBang Engineering and Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (102.832 + 96.277) / 2 ) / 100.715*365 / 4
=99.5545 / 100.715*365 / 4
=90.20

* 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 90.20 mean?
HeBei MeiBang Engineering and Technology Co (BJSE:920471) has a Days Payable of 90.20 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on HeBei MeiBang Engineering and Technology Co and its competitors. This is 31% below median its historical median of 131.50. Over the past decade, HeBei MeiBang Engineering and Technology Co's Days Payable has ranged from 96.71 to 435.33. According to the industry distribution chart, HeBei MeiBang Engineering and Technology Co ranks #300 out of 1562 companies in the Chemicals industry, placing it in the top 19.2%.
Is HeBei MeiBang Engineering and Technology Co's Days Payable too high?
HeBei MeiBang Engineering and Technology Co's current Days Payable of 90.20 is 31% below median its 10-year median of 131.50. Over the past 10 years, this metric has ranged from a low of 96.71 to a high of 435.33. The Chemicals industry median Days Payable is 59.24. HeBei MeiBang Engineering and Technology Co's value of 90.20 is 52.3% above this industry median. Based on the distribution chart, HeBei MeiBang Engineering and Technology Co ranks #300 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, HeBei MeiBang Engineering and Technology Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HeBei MeiBang Engineering and Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, HeBei MeiBang Engineering and Technology Co ranks #300 out of 1562 companies for Days Payable. This places HeBei MeiBang Engineering and Technology Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.24. HeBei MeiBang Engineering and Technology Co's value of 90.20 is 52.3% above this benchmark. Historically, HeBei MeiBang Engineering and Technology Co's own Days Payable has ranged from 96.71 to 435.33 over the past decade. While the company's 10-year median is 131.50 vs. the industry median of 59.24, HeBei MeiBang Engineering and Technology 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 59.24, based on 1,562 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. HeBei MeiBang Engineering and Technology Co's current Days Payable of 90.20 is 52.3% 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 HeBei MeiBang Engineering and Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeBei MeiBang Engineering and Technology Co's current Days Payable is 90.20, which is 31% below median its own 10-year median of 131.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeBei MeiBang Engineering and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, HeBei MeiBang Engineering and Technology Co (BJSE:920471) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.79, compared to a current price of ¥12.01 — trading 23.9% below its estimated fair value. The current Days Payable is 90.20, which is 31% below median its 10-year median of 131.50 and 52.3% above the Chemicals industry median of 59.24. HeBei MeiBang Engineering and Technology Co's overall GF Score™ is 79/100 with 5 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 HeBei MeiBang Engineering and Technology Co (BJSE:920471), the current Days Payable is 90.20 as of Jun. 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 HeBei MeiBang Engineering and Technology Co (BJSE:920471) Overvalued in 2026?

Based on GuruFocus' analysis, HeBei MeiBang Engineering and Technology Co stock appears to be undervalued. The current stock price of ¥12.01 is trading 23.9% below its estimated GF Value™ of ¥15.79. GuruFocus considers HeBei MeiBang Engineering and Technology Co to be Modestly Undervalued.

Key valuation signals for BJSE:920471:

  • Days Payable: 90.20 (31% below median its 10-year median of 131.50)
  • GF Value™: ¥15.79 vs. price of ¥12.01 (23.9% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 52.3% above the Chemicals median (#300 of 1562)

No single metric tells the full story. See the BJSE:920471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HeBei MeiBang Engineering and Technology Co Business Description

Address No. 312 Huaian East Road, High-tech Zone, Room 0801, Unit 01, Union Headquarters Office Building, Hebei Province, No. 1, Changjiu Center, Shijiazhuang, CHN, 050035
HeBei MeiBang Engineering and Technology Co Ltd engages in research and development, industrialization, and technical services of green manufacturing technology. It offers green technology, equipment, catalysts, and other solutions to customers in the fields of new chemical materials and biomedicine, including technical solution design, reaction, and separation system integration, technical advisory services, operational technical support, and after-sales service.
79GF Score

Get the complete analysis for BJSE:920471

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

¥12.01
Price
¥15.79
GF Value