Sichuan Mingxing Electric Power Co (SHSE:600101) Days Payable: 45.27 (As of Mar. 2026) — 16% Below Median


SHSE:600101 Sichuan Mingxing Electric Power Co Ltd SHSE:600101
82 GF Score
Price ¥7.69
GF Value ¥9.79
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sichuan Mingxing Electric Power Co Days Payable?

Sichuan Mingxing Electric Power Co SHSE:600101 -0.90% 82 Days Payable is 45.27 as of Mar. 2026, which is 16% below its 10-year median of 53.67. GuruFocus rates SHSE:600101 with a GF Score™ of 82/100 and a GF Value™ of ¥9.79 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 482 Utilities - Regulated companies, Sichuan Mingxing Electric Power Co ranks worse than 63.9% on this metric.

Sichuan Mingxing Electric Power Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥365 Mil. Sichuan Mingxing Electric Power Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥736 Mil. Hence, Sichuan Mingxing Electric Power Co's Days Payable for the three months ended in Mar. 2026 was 45.27.

The historical rank and industry rank for Sichuan Mingxing Electric Power Co's Days Payable or its related term are showing as below:

SHSE:600101' s Days Payable Range Over the Past 10 Years
Min: 43.9   Med: 53.67   Max: 59.72
Current: 51.48

During the past 13 years, Sichuan Mingxing Electric Power Co's highest Days Payable was 59.72. The lowest was 43.90. And the median was 53.67.

SHSE:600101's Days Payable is ranked worse than
63.9% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.48 vs SHSE:600101: 51.48

Sichuan Mingxing Electric Power Co's Days Payable declined from Mar. 2025 (62.52) to Mar. 2026 (45.27). It may suggest that Sichuan Mingxing Electric Power Co accelerated paying its suppliers.


Sichuan Mingxing Electric Power Co Days Payable Related Terms


Sichuan Mingxing Electric Power Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co Days Payable Chart

Sichuan Mingxing Electric Power 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 53.79 53.54 54.78 59.72 52.75

Sichuan Mingxing Electric Power 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 62.52 54.55 50.89 48.98 45.27

SHSE:600101 vs SRE, AES: Days Payable Comparison

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.


Sichuan Mingxing Electric Power Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Days Payable falls into.


SHSE:600101
82GF Score
Sichuan Mingxing Electric Power Co Ltd SHSE:600101
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power 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
=( (465.807 + 311.473) / 2 ) / 2689.201*365
=388.64 / 2689.201*365
=52.75

Sichuan Mingxing Electric Power 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
=( (311.473 + 418.311) / 2 ) / 735.567*365 / 4
=364.892 / 735.567*365 / 4
=45.27

* 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 45.27 mean?
Sichuan Mingxing Electric Power Co (SHSE:600101) has a Days Payable of 45.27 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 Sichuan Mingxing Electric Power Co and its competitors. This is 16% below median its historical median of 53.67. Over the past decade, Sichuan Mingxing Electric Power Co's Days Payable has ranged from 43.90 to 59.72. According to the industry distribution chart, Sichuan Mingxing Electric Power Co ranks #308 out of 482 companies in the Utilities - Regulated industry, placing it in the top 63.9%.
Is Sichuan Mingxing Electric Power Co's Days Payable too high?
Sichuan Mingxing Electric Power Co's current Days Payable of 45.27 is 16% below median its 10-year median of 53.67. Over the past 10 years, this metric has ranged from a low of 43.90 to a high of 59.72. The Utilities - Regulated industry median Days Payable is 70.48. Sichuan Mingxing Electric Power Co's value of 45.27 is 35.8% below this industry median. Based on the distribution chart, Sichuan Mingxing Electric Power Co ranks #308 out of 482 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Sichuan Mingxing Electric Power Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Mingxing Electric Power Co's Days Payable compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sichuan Mingxing Electric Power Co ranks #308 out of 482 companies for Days Payable. This places Sichuan Mingxing Electric Power Co in the lower half of its industry. The industry median Days Payable is 70.48. Sichuan Mingxing Electric Power Co's value of 45.27 is 35.8% below this benchmark. Historically, Sichuan Mingxing Electric Power Co's own Days Payable has ranged from 43.90 to 59.72 over the past decade. While the company's 10-year median is 53.67 vs. the industry median of 70.48, Sichuan Mingxing Electric Power 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.48, based on 482 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. Sichuan Mingxing Electric Power Co's current Days Payable of 45.27 is 35.8% 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 Sichuan Mingxing Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Mingxing Electric Power Co's current Days Payable is 45.27, which is 16% below median its own 10-year median of 53.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Mingxing Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co (SHSE:600101) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.79, compared to a current price of ¥7.69 — trading 21.5% below its estimated fair value. The current Days Payable is 45.27, which is 16% below median its 10-year median of 53.67 and 35.8% below the Utilities - Regulated industry median of 70.48. Sichuan Mingxing Electric Power Co's overall GF Score™ is 82/100 with 2 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 Sichuan Mingxing Electric Power Co (SHSE:600101), the current Days Payable is 45.27 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 Sichuan Mingxing Electric Power Co (SHSE:600101) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co stock appears to be undervalued. The current stock price of ¥7.69 is trading 21.5% below its estimated GF Value™ of ¥9.79. GuruFocus considers Sichuan Mingxing Electric Power Co to be Modestly Undervalued.

Key valuation signals for SHSE:600101:

  • Days Payable: 45.27 (16% below median its 10-year median of 53.67)
  • GF Value™: ¥9.79 vs. price of ¥7.69 (21.5% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 35.8% below the Utilities - Regulated median (#308 of 482)

No single metric tells the full story. See the SHSE:600101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Mingxing Electric Power Co Business Description

Address No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Co Ltd is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
82GF Score

Get the complete analysis for SHSE:600101

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

¥7.69
Price
¥9.79
GF Value