Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Hebei Ruixing Gas Equipment Co Days Payable?
Hebei Ruixing Gas Equipment CoBJSE:920717 61 Days Payable is 108.85 as of Jun. 2026, which is 49% below its 10-year median of 214.37. GuruFocus rates BJSE:920717 with a GF Score™ of 61/100 and a GF Value™ of ¥6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 856 Oil & Gas companies, Hebei Ruixing Gas Equipment Co ranks better than 84% on this metric.
* 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.
BJSE:920717 vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, Hebei Ruixing Gas Equipment 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 Ruixing Gas Equipment Co Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hebei Ruixing Gas Equipment Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hebei Ruixing Gas Equipment Co's Days Payable falls into.
Hebei Ruixing Gas Equipment 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.
* 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 Ruixing Gas Equipment Co (BJSE:920717) has a Days Payable of 108.85 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 Ruixing Gas Equipment Co and its competitors. This is 49% below median its historical median of 214.37. Over the past decade, Hebei Ruixing Gas Equipment Co's Days Payable has ranged from 108.06 to 359.26. According to the industry distribution chart, Hebei Ruixing Gas Equipment Co ranks #137 out of 856 companies in the Oil & Gas industry, placing it in the top 16%.
Is Hebei Ruixing Gas Equipment Co's Days Payable too high?
Hebei Ruixing Gas Equipment Co's current Days Payable of 108.85 is 49% below median its 10-year median of 214.37. Over the past 10 years, this metric has ranged from a low of 108.06 to a high of 359.26. The Oil & Gas industry median Days Payable is 59.71. Hebei Ruixing Gas Equipment Co's value of 108.85 is 82.3% above this industry median. Based on the distribution chart, Hebei Ruixing Gas Equipment Co ranks #137 out of 856 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hebei Ruixing Gas Equipment Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Ruixing Gas Equipment Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Hebei Ruixing Gas Equipment Co ranks #137 out of 856 companies for Days Payable. This places Hebei Ruixing Gas Equipment Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.71. Hebei Ruixing Gas Equipment Co's value of 108.85 is 82.3% above this benchmark. Historically, Hebei Ruixing Gas Equipment Co's own Days Payable has ranged from 108.06 to 359.26 over the past decade. While the company's 10-year median is 214.37 vs. the industry median of 59.71, Hebei Ruixing Gas Equipment 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 59.71, based on 856 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 Ruixing Gas Equipment Co's current Days Payable of 108.85 is 82.3% 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 Ruixing Gas Equipment Co and its competitors. For the Oil & Gas industry, the median Days Payable is 59.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Ruixing Gas Equipment Co's current Days Payable is 108.85, which is 49% below median its own 10-year median of 214.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Ruixing Gas Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Ruixing Gas Equipment Co (BJSE:920717) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.51, compared to a current price of ¥7.21 — trading 10.8% above its estimated fair value. The current Days Payable is 108.85, which is 49% below median its 10-year median of 214.37 and 82.3% above the Oil & Gas industry median of 59.71. Hebei Ruixing Gas Equipment Co's overall GF Score™ is 61/100 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 Ruixing Gas Equipment Co (BJSE:920717), the current Days Payable is 108.85 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 Ruixing Gas Equipment Co (BJSE:920717) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Ruixing Gas Equipment Co stock appears to be overvalued.
The current stock price of ¥7.21 is trading 10.8% above its estimated GF Value™ of ¥6.51.
GuruFocus considers Hebei Ruixing Gas Equipment Co to be Modestly Overvalued.
Key valuation signals for BJSE:920717:
Days Payable: 108.85 (49% below median its 10-year median of 214.37)
GF Value™: ¥6.51 vs. price of ¥7.21 (10.8% above fair value)
Industry Position: 82.3% above the Oil & Gas median (#137 of 856)
No single metric tells the full story. See the BJSE:920717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Ruixing Gas Equipment Co Ltd is engaged in Research and development, design, production and sales of pressure regulating equipment in urban gas transmission and distribution systems.
61GF Score
Get the complete analysis for BJSE:920717
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920717 has been successfully added to your 
