Guangzhou Baiyun International Airport Co (SHSE:600004) Days Payable: 58.32 (As of Mar. 2026) — 10% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:600004 Guangzhou Baiyun International Airport Co Ltd SHSE:600004
83 GF Score
Price ¥7.95
GF Value ¥10.88
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Guangzhou Baiyun International Airport Co Days Payable?

Guangzhou Baiyun International Airport Co SHSE:600004 +0.63% 83 Days Payable is 58.32 as of Mar. 2026, which is 10% above its 10-year median of 52.96. GuruFocus rates SHSE:600004 with a GF Score™ of 83/100 and a GF Value™ of ¥10.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 969 Transportation companies, Guangzhou Baiyun International Airport Co ranks better than 62.85% on this metric.

Guangzhou Baiyun International Airport Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,008 Mil. Guangzhou Baiyun International Airport Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,578 Mil. Hence, Guangzhou Baiyun International Airport Co's Days Payable for the three months ended in Mar. 2026 was 58.32.

The historical rank and industry rank for Guangzhou Baiyun International Airport Co's Days Payable or its related term are showing as below:

SHSE:600004' s Days Payable Range Over the Past 10 Years
Min: 16.59   Med: 52.96   Max: 66.99
Current: 52.63

During the past 13 years, Guangzhou Baiyun International Airport Co's highest Days Payable was 66.99. The lowest was 16.59. And the median was 52.96.

SHSE:600004's Days Payable is ranked better than
62.85% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs SHSE:600004: 52.63

Guangzhou Baiyun International Airport Co's Days Payable increased from Mar. 2025 (55.91) to Mar. 2026 (58.32). It may suggest that Guangzhou Baiyun International Airport Co delayed paying its suppliers.


Guangzhou Baiyun International Airport Co Days Payable Related Terms


Guangzhou Baiyun International Airport Co Days Payable Historical Data

* Premium members only.

The historical data trend for Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport Co Days Payable Chart

Guangzhou Baiyun International Airport 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 53.98 61.63 66.99 61.50 60.77

Guangzhou Baiyun International Airport 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 55.91 53.26 55.20 48.95 58.32

SHSE:600004 vs JOBY, CAAP: Days Payable Comparison

For the Airports & Air Services subindustry, Guangzhou Baiyun International Airport 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.


Guangzhou Baiyun International Airport Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Guangzhou Baiyun International Airport Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangzhou Baiyun International Airport Co's Days Payable falls into.


SHSE:600004
83GF Score
Guangzhou Baiyun International Airport Co Ltd SHSE:600004
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport 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
=( (838.187 + 1139.89) / 2 ) / 5940.773*365
=989.0385 / 5940.773*365
=60.77

Guangzhou Baiyun International Airport 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
=( (1139.89 + 876.599) / 2 ) / 1577.593*365 / 4
=1008.2445 / 1577.593*365 / 4
=58.32

* 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 58.32 mean?
Guangzhou Baiyun International Airport Co (SHSE:600004) has a Days Payable of 58.32 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 Guangzhou Baiyun International Airport Co and its competitors. This is 10% above median its historical median of 52.96. Over the past decade, Guangzhou Baiyun International Airport Co's Days Payable has ranged from 16.59 to 66.99. According to the industry distribution chart, Guangzhou Baiyun International Airport Co ranks #360 out of 969 companies in the Transportation industry, placing it in the top 37.2%.
Is Guangzhou Baiyun International Airport Co's Days Payable too high?
Guangzhou Baiyun International Airport Co's current Days Payable of 58.32 is 10% above median its 10-year median of 52.96. Over the past 10 years, this metric has ranged from a low of 16.59 to a high of 66.99. The Transportation industry median Days Payable is 38.61. Guangzhou Baiyun International Airport Co's value of 58.32 is 51% above this industry median. Based on the distribution chart, Guangzhou Baiyun International Airport Co ranks #360 out of 969 companies in the Transportation industry, which is above the industry midpoint. Overall, Guangzhou Baiyun International Airport Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Baiyun International Airport Co's Days Payable compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Guangzhou Baiyun International Airport Co ranks #360 out of 969 companies for Days Payable. This puts Guangzhou Baiyun International Airport Co in the upper half of its industry. The industry median Days Payable is 38.61. Guangzhou Baiyun International Airport Co's value of 58.32 is 51% above this benchmark. Historically, Guangzhou Baiyun International Airport Co's own Days Payable has ranged from 16.59 to 66.99 over the past decade. While the company's 10-year median is 52.96 vs. the industry median of 38.61, Guangzhou Baiyun International Airport 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 Transportation company?
The median Days Payable among Transportation companies is 38.61, based on 969 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. Guangzhou Baiyun International Airport Co's current Days Payable of 58.32 is 51% 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 Guangzhou Baiyun International Airport Co and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Baiyun International Airport Co's current Days Payable is 58.32, which is 10% above median its own 10-year median of 52.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Baiyun International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Baiyun International Airport Co (SHSE:600004) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.88, compared to a current price of ¥7.95 — trading 26.9% below its estimated fair value. The current Days Payable is 58.32, which is 10% above median its 10-year median of 52.96 and 51% above the Transportation industry median of 38.61. Guangzhou Baiyun International Airport Co's overall GF Score™ is 83/100 with 3 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 Guangzhou Baiyun International Airport Co (SHSE:600004), the current Days Payable is 58.32 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 Guangzhou Baiyun International Airport Co (SHSE:600004) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Baiyun International Airport Co stock appears to be undervalued. The current stock price of ¥7.95 is trading 26.9% below its estimated GF Value™ of ¥10.88. GuruFocus considers Guangzhou Baiyun International Airport Co to be Modestly Undervalued.

Key valuation signals for SHSE:600004:

  • Days Payable: 58.32 (10% above median its 10-year median of 52.96)
  • GF Value™: ¥10.88 vs. price of ¥7.95 (26.9% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 51% above the Transportation median (#360 of 969)

No single metric tells the full story. See the SHSE:600004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangzhou Baiyun International Airport Co Business Description

Address Baiyun International Airport, South work area on the 1st, Guangdong Province, Guangzhou, CHN, 510470
Guangzhou Baiyun International Airport Co Ltd is a provider of aviation services. Its services include all types of airport services including departure, arrival, flight information, and other services.
83GF Score

Get the complete analysis for SHSE:600004

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

¥7.95
Price
¥10.88
GF Value