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HKSE:00840's Days Payable is ranked better than 80.95% of 210
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 69.675
vs HKSE:00840: 185.72
* 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.
Xinjiang Tianye Waterving Irrigation System Co Days Payable Chart
Xinjiang Tianye Waterving Irrigation System Co Annual Data
HKSE:00840 vs CAT, DE, PCAR: Days Payable Comparison
For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System 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.
Xinjiang Tianye Waterving Irrigation System Co Days Payable vs Farm & Heavy Construction Machinery Industry
Xinjiang Tianye Waterving Irrigation System 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.
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) has a Days Payable of 140.91 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xinjiang Tianye Waterving Irrigation System Co and its competitors. This is 18% above median its historical median of 119.45. Over the past decade, Xinjiang Tianye Waterving Irrigation System Co's Days Payable has ranged from 68.03 to 196.06. According to the industry distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #40 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 19%.
Is Xinjiang Tianye Waterving Irrigation System Co's Days Payable too high?
Xinjiang Tianye Waterving Irrigation System Co's current Days Payable of 140.91 is 18% above median its 10-year median of 119.45. Over the past 10 years, this metric has ranged from a low of 68.03 to a high of 196.06. The Farm & Heavy Construction Machinery industry median Days Payable is 69.68. Xinjiang Tianye Waterving Irrigation System Co's value of 140.91 is 102.2% above this industry median. Based on the distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #40 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Tianye Waterving Irrigation System Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Tianye Waterving Irrigation System Co's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #40 out of 210 companies for Days Payable. This places Xinjiang Tianye Waterving Irrigation System Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.68. Xinjiang Tianye Waterving Irrigation System Co's value of 140.91 is 102.2% above this benchmark. Historically, Xinjiang Tianye Waterving Irrigation System Co's own Days Payable has ranged from 68.03 to 196.06 over the past decade. While the company's 10-year median is 119.45 vs. the industry median of 69.68, Xinjiang Tianye Waterving Irrigation System 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.68, based on 210 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. Xinjiang Tianye Waterving Irrigation System Co's current Days Payable of 140.91 is 102.2% 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 Xinjiang Tianye Waterving Irrigation System Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Tianye Waterving Irrigation System Co's current Days Payable is 140.91, which is 18% above median its own 10-year median of 119.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Tianye Waterving Irrigation System Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.17 — trading 112.5% above its estimated fair value. The current Days Payable is 140.91, which is 18% above median its 10-year median of 119.45 and 102.2% above the Farm & Heavy Construction Machinery industry median of 69.68. Xinjiang Tianye Waterving Irrigation System Co's overall GF Score™ is 30/100 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 Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840), the current Days Payable is 140.91 as of Dec. 2025. 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 Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co stock appears to be overvalued.
The current stock price of HK$0.17 is trading 112.5% above its estimated GF Value™ of HK$0.08.
GuruFocus considers Xinjiang Tianye Waterving Irrigation System Co to be Significantly Overvalued.
Key valuation signals for HKSE:00840:
Days Payable: 140.91 (18% above median its 10-year median of 119.45)
GF Value™: HK$0.08 vs. price of HK$0.17 (112.5% above fair value)
Industry Position: 102.2% above the Farm & Heavy Construction Machinery median (#40 of 210)
No single metric tells the full story. See the HKSE:00840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
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