Shaanxi Tonly Heavy Industries Co (BJSE:920599) Days Payable: 196.42 (As of Mar. 2026) — 65% Above Median

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BJSE:920599 Shaanxi Tonly Heavy Industries Co Ltd BJSE:920599
88 GF Score
Price ¥16.85
GF Value ¥14.67
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Shaanxi Tonly Heavy Industries Co Days Payable?

Shaanxi Tonly Heavy Industries Co BJSE:920599 88 Days Payable is 196.42 as of Mar. 2026, which is 65% above its 10-year median of 118.72. GuruFocus rates BJSE:920599 with a GF Score™ of 88/100 and a GF Value™ of ¥14.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,996 Industrial Products companies, Shaanxi Tonly Heavy Industries Co ranks better than 82.68% on this metric.

Shaanxi Tonly Heavy Industries Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,588 Mil. Shaanxi Tonly Heavy Industries Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,202 Mil. Hence, Shaanxi Tonly Heavy Industries Co's Days Payable for the three months ended in Mar. 2026 was 196.42.

The historical rank and industry rank for Shaanxi Tonly Heavy Industries Co's Days Payable or its related term are showing as below:

BJSE:920599' s Days Payable Range Over the Past 10 Years
Min: 75.32   Med: 118.72   Max: 180.43
Current: 180.43

During the past 13 years, Shaanxi Tonly Heavy Industries Co's highest Days Payable was 180.43. The lowest was 75.32. And the median was 118.72.

BJSE:920599's Days Payable is ranked better than
82.68% of 2996 companies
in the Industrial Products industry
Industry Median: 78.02 vs BJSE:920599: 180.43

Shaanxi Tonly Heavy Industries Co's Days Payable declined from Mar. 2025 (198.50) to Mar. 2026 (196.42). It may suggest that Shaanxi Tonly Heavy Industries Co accelerated paying its suppliers.


Shaanxi Tonly Heavy Industries Co Days Payable Related Terms


Shaanxi Tonly Heavy Industries Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shaanxi Tonly Heavy Industries 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.

Shaanxi Tonly Heavy Industries Co Days Payable Chart

Shaanxi Tonly Heavy Industries 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 115.93 143.54 125.55 147.98 177.99

Shaanxi Tonly Heavy Industries 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 198.50 164.28 146.81 188.85 196.42

BJSE:920599 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shaanxi Tonly Heavy Industries 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.


Shaanxi Tonly Heavy Industries Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shaanxi Tonly Heavy Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Tonly Heavy Industries Co's Days Payable falls into.


BJSE:920599
88GF Score
Shaanxi Tonly Heavy Industries Co Ltd BJSE:920599
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Tonly Heavy Industries 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.

Shaanxi Tonly Heavy Industries 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
=( (2427.031 + 2371.42) / 2 ) / 4919.943*365
=2399.2255 / 4919.943*365
=177.99

Shaanxi Tonly Heavy Industries 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
=( (2371.42 + 2804.483) / 2 ) / 1202.273*365 / 4
=2587.9515 / 1202.273*365 / 4
=196.42

* 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 196.42 mean?
Shaanxi Tonly Heavy Industries Co (BJSE:920599) has a Days Payable of 196.42 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 Shaanxi Tonly Heavy Industries Co and its competitors. This is 65% above median its historical median of 118.72. Over the past decade, Shaanxi Tonly Heavy Industries Co's Days Payable has ranged from 75.32 to 180.43. According to the industry distribution chart, Shaanxi Tonly Heavy Industries Co ranks #519 out of 2996 companies in the Industrial Products industry, placing it in the top 17.3%.
Is Shaanxi Tonly Heavy Industries Co's Days Payable too high?
Shaanxi Tonly Heavy Industries Co's current Days Payable of 196.42 is 65% above median its 10-year median of 118.72. Over the past 10 years, this metric has ranged from a low of 75.32 to a high of 180.43. The Industrial Products industry median Days Payable is 78.02. Shaanxi Tonly Heavy Industries Co's value of 196.42 is 151.8% above this industry median. Based on the distribution chart, Shaanxi Tonly Heavy Industries Co ranks #519 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Tonly Heavy Industries Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Tonly Heavy Industries Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shaanxi Tonly Heavy Industries Co ranks #519 out of 2996 companies for Days Payable. This places Shaanxi Tonly Heavy Industries Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.02. Shaanxi Tonly Heavy Industries Co's value of 196.42 is 151.8% above this benchmark. Historically, Shaanxi Tonly Heavy Industries Co's own Days Payable has ranged from 75.32 to 180.43 over the past decade. While the company's 10-year median is 118.72 vs. the industry median of 78.02, Shaanxi Tonly Heavy Industries 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 78.02, based on 2,996 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. Shaanxi Tonly Heavy Industries Co's current Days Payable of 196.42 is 151.8% 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 Shaanxi Tonly Heavy Industries Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Tonly Heavy Industries Co's current Days Payable is 196.42, which is 65% above median its own 10-year median of 118.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Tonly Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Tonly Heavy Industries Co (BJSE:920599) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.67, compared to a current price of ¥16.85 — trading 14.9% above its estimated fair value. The current Days Payable is 196.42, which is 65% above median its 10-year median of 118.72 and 151.8% above the Industrial Products industry median of 78.02. Shaanxi Tonly Heavy Industries Co's overall GF Score™ is 88/100 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 Shaanxi Tonly Heavy Industries Co (BJSE:920599), the current Days Payable is 196.42 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 Shaanxi Tonly Heavy Industries Co (BJSE:920599) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Tonly Heavy Industries Co stock appears to be overvalued. The current stock price of ¥16.85 is trading 14.9% above its estimated GF Value™ of ¥14.67. GuruFocus considers Shaanxi Tonly Heavy Industries Co to be Modestly Overvalued.

Key valuation signals for BJSE:920599:

  • Days Payable: 196.42 (65% above median its 10-year median of 118.72)
  • GF Value™: ¥14.67 vs. price of ¥16.85 (14.9% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 151.8% above the Industrial Products median (#519 of 2996)

No single metric tells the full story. See the BJSE:920599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaanxi Tonly Heavy Industries Co Business Description

Address No. 2339 Fengchan Road, Fengdong New Town, Shaanxi Province, Xi\'an City, CHN, 710086
Shaanxi Tonly Heavy Industries Co Ltd engages in the development, manufacture, sales, repair, leasing, and parts sales of heavy industrial machinery products and processing and assembly of incoming parts.
88GF Score

Get the complete analysis for BJSE:920599

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

¥16.85
Price
¥14.67
GF Value