Shanxi Installation Group Co (HKSE:02520) Days Payable: 421.45 (As of Dec. 2025) — 38% Above Median

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HKSE:02520 Shanxi Installation Group Co Ltd HKSE:02520
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What is Shanxi Installation Group Co Days Payable?

Shanxi Installation Group Co HKSE:02520 30 Days Payable is 421.45 as of Dec. 2025, which is 38% above its 10-year median of 304.54. GuruFocus rates HKSE:02520 with a GF Score™ of 30/100. The stock has 12 warning signs investors should review. Among 1,715 Construction companies, Shanxi Installation Group Co ranks better than 91.78% on this metric.

Shanxi Installation Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$11,005 Mil. Shanxi Installation Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$4,766 Mil. Hence, Shanxi Installation Group Co's Days Payable for the six months ended in Dec. 2025 was 421.45.

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

HKSE:02520' s Days Payable Range Over the Past 10 Years
Min: 194.44   Med: 304.54   Max: 381.64
Current: 381.64

During the past 6 years, Shanxi Installation Group Co's highest Days Payable was 381.64. The lowest was 194.44. And the median was 304.54.

HKSE:02520's Days Payable is ranked better than
91.78% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs HKSE:02520: 381.64

Shanxi Installation Group Co's Days Payable increased from Dec. 2024 (338.26) to Dec. 2025 (421.45). It may suggest that Shanxi Installation Group Co delayed paying its suppliers.


Shanxi Installation Group Co Days Payable Historical Data

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The historical data trend for Shanxi Installation Group 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.

Shanxi Installation Group Co Days Payable Chart

Shanxi Installation Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 194.44 290.23 350.49 318.84 373.12

Shanxi Installation Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 331.45 325.15 338.26 353.00 421.45

HKSE:02520 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Shanxi Installation Group 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.


Shanxi Installation Group Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Shanxi Installation Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Installation Group Co's Days Payable falls into.


HKSE:02520
30GF Score
Shanxi Installation Group Co Ltd HKSE:02520
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Installation Group 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.

Shanxi Installation Group 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
=( (10134.795 + 10936.608) / 2 ) / 10306.496*365
=10535.7015 / 10306.496*365
=373.12

Shanxi Installation Group Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (11073.809 + 10936.608) / 2 ) / 4765.53*365 / 2
=11005.2085 / 4765.53*365 / 2
=421.45

* 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 421.45 mean?
Shanxi Installation Group Co (HKSE:02520) has a Days Payable of 421.45 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 Shanxi Installation Group Co and its competitors. This is 38% above median its historical median of 304.54. Over the past decade, Shanxi Installation Group Co's Days Payable has ranged from 194.44 to 381.64. According to the industry distribution chart, Shanxi Installation Group Co ranks #141 out of 1715 companies in the Construction industry, placing it in the top 8.2%.
Is Shanxi Installation Group Co's Days Payable too high?
Shanxi Installation Group Co's current Days Payable of 421.45 is 38% above median its 10-year median of 304.54. Over the past 10 years, this metric has ranged from a low of 194.44 to a high of 381.64. The Construction industry median Days Payable is 76.33. Shanxi Installation Group Co's value of 421.45 is 452.1% above this industry median. Based on the distribution chart, Shanxi Installation Group Co ranks #141 out of 1715 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Installation Group Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Shanxi Installation Group Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Shanxi Installation Group Co ranks #141 out of 1715 companies for Days Payable. This places Shanxi Installation Group Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.33. Shanxi Installation Group Co's value of 421.45 is 452.1% above this benchmark. Historically, Shanxi Installation Group Co's own Days Payable has ranged from 194.44 to 381.64 over the past decade. While the company's 10-year median is 304.54 vs. the industry median of 76.33, Shanxi Installation Group 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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. Shanxi Installation Group Co's current Days Payable of 421.45 is 452.1% 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 Shanxi Installation Group Co and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Installation Group Co's current Days Payable is 421.45, which is 38% above median its own 10-year median of 304.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Installation Group Co stock overvalued right now?
Shanxi Installation Group Co (HKSE:02520) has a current Days Payable of 421.45. The current Days Payable is 421.45, which is 38% above median its 10-year median of 304.54 and 452.1% above the Construction industry median of 76.33. Shanxi Installation Group Co's overall GF Score™ is 30/100 with 12 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 Shanxi Installation Group Co (HKSE:02520), the current Days Payable is 421.45 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.

Shanxi Installation Group Co Business Description

Address No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN
Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. The company generates the majority of its revenue from specialized industrial construction. The company offers range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance. The company has two segments the construction contracting segment and the non-construction segment.
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