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* 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.
SHSE:600126 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Hangzhou Iron & Steel 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.
Hangzhou Iron & Steel Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Hangzhou Iron & Steel Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hangzhou Iron & Steel 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.
Hangzhou Iron & Steel 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.
Hangzhou Iron & Steel Co (SHSE:600126) has a Days Payable of 64.30 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 Hangzhou Iron & Steel Co and its competitors. This is 33% above median its historical median of 48.40. Over the past decade, Hangzhou Iron & Steel Co's Days Payable has ranged from 31.13 to 72.17. According to the industry distribution chart, Hangzhou Iron & Steel Co ranks #228 out of 598 companies in the Steel industry, placing it in the top 38.1%.
Is Hangzhou Iron & Steel Co's Days Payable too high?
Hangzhou Iron & Steel Co's current Days Payable of 64.30 is 33% above median its 10-year median of 48.40. Over the past 10 years, this metric has ranged from a low of 31.13 to a high of 72.17. The Steel industry median Days Payable is 41.37. Hangzhou Iron & Steel Co's value of 64.30 is 55.4% above this industry median. Based on the distribution chart, Hangzhou Iron & Steel Co ranks #228 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Hangzhou Iron & Steel Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Iron & Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Hangzhou Iron & Steel Co ranks #228 out of 598 companies for Days Payable. This puts Hangzhou Iron & Steel Co in the upper half of its industry. The industry median Days Payable is 41.37. Hangzhou Iron & Steel Co's value of 64.30 is 55.4% above this benchmark. Historically, Hangzhou Iron & Steel Co's own Days Payable has ranged from 31.13 to 72.17 over the past decade. While the company's 10-year median is 48.40 vs. the industry median of 41.37, Hangzhou Iron & Steel 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. Hangzhou Iron & Steel Co's current Days Payable of 64.30 is 55.4% 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 Hangzhou Iron & Steel 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. Hangzhou Iron & Steel Co's current Days Payable is 64.30, which is 33% above median its own 10-year median of 48.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Iron & Steel Co (SHSE:600126) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.68, compared to a current price of ¥6.59 — trading 16% above its estimated fair value. The current Days Payable is 64.30, which is 33% above median its 10-year median of 48.40 and 55.4% above the Steel industry median of 41.37. Hangzhou Iron & Steel Co's overall GF Score™ is 70/100 with 4 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 Hangzhou Iron & Steel Co (SHSE:600126), the current Days Payable is 64.30 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 Hangzhou Iron & Steel Co (SHSE:600126) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Iron & Steel Co stock appears to be overvalued.
The current stock price of ¥6.59 is trading 16% above its estimated GF Value™ of ¥5.68.
GuruFocus considers Hangzhou Iron & Steel Co to be Modestly Overvalued.
Key valuation signals for SHSE:600126:
Days Payable: 64.30 (33% above median its 10-year median of 48.40)
GF Value™: ¥5.68 vs. price of ¥6.59 (16% above fair value)
Industry Position: 55.4% above the Steel median (#228 of 598)
No single metric tells the full story. See the SHSE:600126 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Iron & Steel Co Ltd is a China-based company primarily engaged in the manufacture and sale of steel products. Through its subsidiaries, the company produces hot-rolled coils and its products are carbon structural steels, low-alloy structural steels, cold-rolled or deep-drawn low-carbon steels, pipeline steels, automotive structural steels, container steels, shipbuilding steels, bridge steels, diamond plates, and other steels. The company is also engaged in providing environmental protection services, including sewage treatment services.
70GF Score
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