Fujian Expressway Development Co (SHSE:600033) Days Payable: 156.97 (As of Mar. 2026) — 17% Below Median


SHSE:600033 Fujian Expressway Development Co Ltd SHSE:600033
66 GF Score
Price ¥3.43
GF Value ¥3.64
Valuation Fairly Valued
! 1 Warning Sign
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What is Fujian Expressway Development Co Days Payable?

Fujian Expressway Development Co SHSE:600033 +1.48% 66 Days Payable is 156.97 as of Mar. 2026, which is 17% below its 10-year median of 189.17. GuruFocus rates SHSE:600033 with a GF Score™ of 66/100 and a GF Value™ of ¥3.64 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,709 Construction companies, Fujian Expressway Development Co ranks better than 72.38% on this metric.

Fujian Expressway Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥556 Mil. Fujian Expressway Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥323 Mil. Hence, Fujian Expressway Development Co's Days Payable for the three months ended in Mar. 2026 was 156.97.

The historical rank and industry rank for Fujian Expressway Development Co's Days Payable or its related term are showing as below:

SHSE:600033' s Days Payable Range Over the Past 10 Years
Min: 138.68   Med: 189.17   Max: 330.54
Current: 138.68

During the past 13 years, Fujian Expressway Development Co's highest Days Payable was 330.54. The lowest was 138.68. And the median was 189.17.

SHSE:600033's Days Payable is ranked better than
72.38% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs SHSE:600033: 138.68

Fujian Expressway Development Co's Days Payable declined from Mar. 2025 (187.79) to Mar. 2026 (156.97). It may suggest that Fujian Expressway Development Co accelerated paying its suppliers.


Fujian Expressway Development Co Days Payable Related Terms


Fujian Expressway Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Expressway Development 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.

Fujian Expressway Development Co Days Payable Chart

Fujian Expressway Development 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 161.55 176.67 173.85 183.89 166.78

Fujian Expressway Development 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 187.79 170.77 128.52 106.18 156.97

Fujian Expressway Development Co Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Fujian Expressway Development 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.


Fujian Expressway Development Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Fujian Expressway Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Expressway Development Co's Days Payable falls into.


SHSE:600033
66GF Score
Fujian Expressway Development Co Ltd SHSE:600033
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Expressway Development 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.

Fujian Expressway Development 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
=( (619.079 + 612.504) / 2 ) / 1347.628*365
=615.7915 / 1347.628*365
=166.78

Fujian Expressway Development 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
=( (612.504 + 499.962) / 2 ) / 323.347*365 / 4
=556.233 / 323.347*365 / 4
=156.97

* 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 156.97 mean?
Fujian Expressway Development Co (SHSE:600033) has a Days Payable of 156.97 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 Fujian Expressway Development Co and its competitors. This is 17% below median its historical median of 189.17. Over the past decade, Fujian Expressway Development Co's Days Payable has ranged from 138.68 to 330.54. According to the industry distribution chart, Fujian Expressway Development Co ranks #472 out of 1709 companies in the Construction industry, placing it in the top 27.6%.
Is Fujian Expressway Development Co's Days Payable too high?
Fujian Expressway Development Co's current Days Payable of 156.97 is 17% below median its 10-year median of 189.17. Over the past 10 years, this metric has ranged from a low of 138.68 to a high of 330.54. The Construction industry median Days Payable is 76.67. Fujian Expressway Development Co's value of 156.97 is 104.7% above this industry median. Based on the distribution chart, Fujian Expressway Development Co ranks #472 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Fujian Expressway Development Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Expressway Development Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, Fujian Expressway Development Co ranks #472 out of 1709 companies for Days Payable. This puts Fujian Expressway Development Co in the upper half of its industry. The industry median Days Payable is 76.67. Fujian Expressway Development Co's value of 156.97 is 104.7% above this benchmark. Historically, Fujian Expressway Development Co's own Days Payable has ranged from 138.68 to 330.54 over the past decade. While the company's 10-year median is 189.17 vs. the industry median of 76.67, Fujian Expressway Development 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 76.67, based on 1,709 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. Fujian Expressway Development Co's current Days Payable of 156.97 is 104.7% 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 Fujian Expressway Development Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Expressway Development Co's current Days Payable is 156.97, which is 17% below median its own 10-year median of 189.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Expressway Development Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Expressway Development Co (SHSE:600033) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.64, compared to a current price of ¥3.43 — trading 5.8% below its estimated fair value. The current Days Payable is 156.97, which is 17% below median its 10-year median of 189.17 and 104.7% above the Construction industry median of 76.67. Fujian Expressway Development Co's overall GF Score™ is 66/100 with 1 warning sign 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 Fujian Expressway Development Co (SHSE:600033), the current Days Payable is 156.97 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 Fujian Expressway Development Co (SHSE:600033) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Expressway Development Co stock appears to be undervalued. The current stock price of ¥3.43 is trading 5.8% below its estimated GF Value™ of ¥3.64. GuruFocus considers Fujian Expressway Development Co to be Fairly Valued.

Key valuation signals for SHSE:600033:

  • Days Payable: 156.97 (17% below median its 10-year median of 189.17)
  • GF Value™: ¥3.64 vs. price of ¥3.43 (5.8% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 104.7% above the Construction median (#472 of 1709)

No single metric tells the full story. See the SHSE:600033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Expressway Development Co Business Description

Address 18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001
Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.
66GF Score

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

¥3.43
Price
¥3.64
GF Value