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Rizhao Port CoSHSE:600017 +1.52%73 Days Payable is 33.56 as of Mar. 2026, which is 12% above its 10-year median of 29.96. GuruFocus rates SHSE:600017 with a GF Score™ of 73/100 and a GF Value™ of ¥2.74 (Fairly Valued). The stock has 11 warning signs investors should review. Among 968 Transportation companies, Rizhao Port Co ranks worse than 53.82% on this metric.
The historical rank and industry rank for Rizhao Port Co's Days Payable or its related term are showing as below:
SHSE:600017'
s Days Payable Range Over the Past 10 Years
Min: 14.62 Med: 29.96 Max: 51.11
Current: 36.01
During the past 13 years, Rizhao Port Co's highest Days Payable was 51.11. The lowest was 14.62. And the median was 29.96.
SHSE:600017's Days Payable is ranked worse than 53.82% of 968
companies
in the Transportation industry
Industry Median: 38.8
vs SHSE:600017: 36.01
Rizhao Port Co's Days Payable
declined
from Mar. 2025 (47.14) to Mar. 2026 (33.56).
It may suggest that Rizhao Port Coaccelerated paying its suppliers.
Rizhao Port Co Days Payable Related Terms
Rizhao Port Co Days Payable Historical Data
* Premium members only.
The historical data trend for Rizhao Port 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.
For the Marine Shipping subindustry, Rizhao Port 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.
Rizhao Port Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Rizhao Port Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Rizhao Port Co's Days Payable falls into.
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.
Rizhao Port Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Rizhao Port Co (SHSE:600017) has a Days Payable of 33.56 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 Rizhao Port Co and its competitors. This is 12% above median its historical median of 29.96. Over the past decade, Rizhao Port Co's Days Payable has ranged from 14.62 to 51.11. According to the industry distribution chart, Rizhao Port Co ranks #521 out of 968 companies in the Transportation industry, placing it in the top 53.8%.
Is Rizhao Port Co's Days Payable too high?
Rizhao Port Co's current Days Payable of 33.56 is 12% above median its 10-year median of 29.96. Over the past 10 years, this metric has ranged from a low of 14.62 to a high of 51.11. The Transportation industry median Days Payable is 38.80. Rizhao Port Co's value of 33.56 is 13.5% below this industry median. Based on the distribution chart, Rizhao Port Co ranks #521 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Rizhao Port Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rizhao Port Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Rizhao Port Co ranks #521 out of 968 companies for Days Payable. This places Rizhao Port Co in the lower half of its industry. The industry median Days Payable is 38.80. Rizhao Port Co's value of 33.56 is 13.5% below this benchmark. Historically, Rizhao Port Co's own Days Payable has ranged from 14.62 to 51.11 over the past decade. While the company's 10-year median is 29.96 vs. the industry median of 38.80, Rizhao Port Co has consistently been below 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 38.80, based on 968 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. Rizhao Port Co's current Days Payable of 33.56 is 13.5% below 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 Rizhao Port Co and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rizhao Port Co's current Days Payable is 33.56, which is 12% above median its own 10-year median of 29.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizhao Port Co stock overvalued right now?
Based on GuruFocus' analysis, Rizhao Port Co (SHSE:600017) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.74, compared to a current price of ¥2.68 — trading 2.2% below its estimated fair value. The current Days Payable is 33.56, which is 12% above median its 10-year median of 29.96 and 13.5% below the Transportation industry median of 38.80. Rizhao Port Co's overall GF Score™ is 73/100 with 11 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 Rizhao Port Co (SHSE:600017), the current Days Payable is 33.56 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 Rizhao Port Co (SHSE:600017) Overvalued in 2026?
Based on GuruFocus' analysis, Rizhao Port Co stock appears to be undervalued.
The current stock price of ¥2.68 is trading 2.2% below its estimated GF Value™ of ¥2.74.
GuruFocus considers Rizhao Port Co to be Fairly Valued.
Key valuation signals for SHSE:600017:
Days Payable: 33.56 (12% above median its 10-year median of 29.96)
GF Value™: ¥2.74 vs. price of ¥2.68 (2.2% below fair value)
Industry Position: 13.5% below the Transportation median (#521 of 968)
No single metric tells the full story. See the SHSE:600017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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