Inner Mongolian Baotou Steel Union Co (SHSE:600010) Days Payable: 169.78 (As of Mar. 2026) — 14% Below Median

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SHSE:600010 Inner Mongolian Baotou Steel Union Co Ltd SHSE:600010
57 GF Score
Price ¥2.16
GF Value ¥1.79
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Inner Mongolian Baotou Steel Union Co Days Payable?

Inner Mongolian Baotou Steel Union Co SHSE:600010 -2.70% 57 Days Payable is 169.78 as of Mar. 2026, which is 14% below its 10-year median of 196.37. GuruFocus rates SHSE:600010 with a GF Score™ of 57/100 and a GF Value™ of ¥1.79 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 598 Steel companies, Inner Mongolian Baotou Steel Union Co ranks better than 91.64% on this metric.

Inner Mongolian Baotou Steel Union Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥23,137 Mil. Inner Mongolian Baotou Steel Union Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥12,435 Mil. Hence, Inner Mongolian Baotou Steel Union Co's Days Payable for the three months ended in Mar. 2026 was 169.78.

The historical rank and industry rank for Inner Mongolian Baotou Steel Union Co's Days Payable or its related term are showing as below:

SHSE:600010' s Days Payable Range Over the Past 10 Years
Min: 146.48   Med: 196.37   Max: 660.74
Current: 149.47

During the past 13 years, Inner Mongolian Baotou Steel Union Co's highest Days Payable was 660.74. The lowest was 146.48. And the median was 196.37.

SHSE:600010's Days Payable is ranked better than
91.64% of 598 companies
in the Steel industry
Industry Median: 41.37 vs SHSE:600010: 149.47

Inner Mongolian Baotou Steel Union Co's Days Payable increased from Mar. 2025 (161.82) to Mar. 2026 (169.78). It may suggest that Inner Mongolian Baotou Steel Union Co delayed paying its suppliers.


Inner Mongolian Baotou Steel Union Co Days Payable Related Terms


Inner Mongolian Baotou Steel Union Co Days Payable Historical Data

* Premium members only.

The historical data trend for Inner Mongolian Baotou Steel Union 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.

Inner Mongolian Baotou Steel Union Co Days Payable Chart

Inner Mongolian Baotou Steel Union 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 146.48 167.53 166.43 155.49 152.24

Inner Mongolian Baotou Steel Union 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 161.82 155.45 148.50 133.36 169.78

SHSE:600010 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Inner Mongolian Baotou Steel Union 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.


Inner Mongolian Baotou Steel Union Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Inner Mongolian Baotou Steel Union Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolian Baotou Steel Union Co's Days Payable falls into.


SHSE:600010
57GF Score
Inner Mongolian Baotou Steel Union Co Ltd SHSE:600010
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner Mongolian Baotou Steel Union 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.

Inner Mongolian Baotou Steel Union 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
=( (25922.323 + 24084.331) / 2 ) / 59946.776*365
=25003.327 / 59946.776*365
=152.24

Inner Mongolian Baotou Steel Union 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
=( (24084.331 + 22189.651) / 2 ) / 12435.04*365 / 4
=23136.991 / 12435.04*365 / 4
=169.78

* 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 169.78 mean?
Inner Mongolian Baotou Steel Union Co (SHSE:600010) has a Days Payable of 169.78 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 Inner Mongolian Baotou Steel Union Co and its competitors. This is 14% below median its historical median of 196.37. Over the past decade, Inner Mongolian Baotou Steel Union Co's Days Payable has ranged from 146.48 to 660.74. According to the industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #50 out of 598 companies in the Steel industry, placing it in the top 8.4%.
Is Inner Mongolian Baotou Steel Union Co's Days Payable too high?
Inner Mongolian Baotou Steel Union Co's current Days Payable of 169.78 is 14% below median its 10-year median of 196.37. Over the past 10 years, this metric has ranged from a low of 146.48 to a high of 660.74. The Steel industry median Days Payable is 41.37. Inner Mongolian Baotou Steel Union Co's value of 169.78 is 310.4% above this industry median. Based on the distribution chart, Inner Mongolian Baotou Steel Union Co ranks #50 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Inner Mongolian Baotou Steel Union Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolian Baotou Steel Union Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #50 out of 598 companies for Days Payable. This places Inner Mongolian Baotou Steel Union Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Inner Mongolian Baotou Steel Union Co's value of 169.78 is 310.4% above this benchmark. Historically, Inner Mongolian Baotou Steel Union Co's own Days Payable has ranged from 146.48 to 660.74 over the past decade. While the company's 10-year median is 196.37 vs. the industry median of 41.37, Inner Mongolian Baotou Steel Union 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Inner Mongolian Baotou Steel Union Co's current Days Payable of 169.78 is 310.4% 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 Inner Mongolian Baotou Steel Union Co and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolian Baotou Steel Union Co's current Days Payable is 169.78, which is 14% below median its own 10-year median of 196.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolian Baotou Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co (SHSE:600010) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.79, compared to a current price of ¥2.16 — trading 20.7% above its estimated fair value. The current Days Payable is 169.78, which is 14% below median its 10-year median of 196.37 and 310.4% above the Steel industry median of 41.37. Inner Mongolian Baotou Steel Union Co's overall GF Score™ is 57/100 with 9 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010), the current Days Payable is 169.78 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co stock appears to be overvalued. The current stock price of ¥2.16 is trading 20.7% above its estimated GF Value™ of ¥1.79. GuruFocus considers Inner Mongolian Baotou Steel Union Co to be Modestly Overvalued.

Key valuation signals for SHSE:600010:

  • Days Payable: 169.78 (14% below median its 10-year median of 196.37)
  • GF Value™: ¥1.79 vs. price of ¥2.16 (20.7% above fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 310.4% above the Steel median (#50 of 598)

No single metric tells the full story. See the SHSE:600010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolian Baotou Steel Union Co Business Description

Address Inner Mongolia Autonomous Region, Baotou Steel Information Building, Hexi Industrial Zone, Kun District, Baotou, CHN, 014010
Inner Mongolian Baotou Steel Union Co Ltd is a steel company in China. Its products include hot-rolled sheets, seamless pipes, heavy rails, and others.
57GF Score

Get the complete analysis for SHSE:600010

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

¥2.16
Price
¥1.79
GF Value