Heilongjiang Interchina Water Treatment Co (SHSE:600187) Days Payable: 205.47 (As of Mar. 2026) — Near Median

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SHSE:600187 Heilongjiang Interchina Water Treatment Co Ltd SHSE:600187
39 GF Score
Price ¥1.44
GF Value ¥2.75
Valuation Possible Value Trap
! 3 Warning Signs
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What is Heilongjiang Interchina Water Treatment Co Days Payable?

Heilongjiang Interchina Water Treatment Co SHSE:600187 +2.86% 39 Days Payable is 205.47 as of Mar. 2026, which is 1% above its 10-year median of 203.82. GuruFocus rates SHSE:600187 with a GF Score™ of 39/100 and a GF Value™ of ¥2.75 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 482 Utilities - Regulated companies, Heilongjiang Interchina Water Treatment Co ranks better than 86.72% on this metric.

Heilongjiang Interchina Water Treatment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥99.5 Mil. Heilongjiang Interchina Water Treatment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥44.2 Mil. Hence, Heilongjiang Interchina Water Treatment Co's Days Payable for the three months ended in Mar. 2026 was 205.47.

The historical rank and industry rank for Heilongjiang Interchina Water Treatment Co's Days Payable or its related term are showing as below:

SHSE:600187' s Days Payable Range Over the Past 10 Years
Min: 82.9   Med: 203.82   Max: 374.81
Current: 249.33

During the past 13 years, Heilongjiang Interchina Water Treatment Co's highest Days Payable was 374.81. The lowest was 82.90. And the median was 203.82.

SHSE:600187's Days Payable is ranked better than
86.72% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.32 vs SHSE:600187: 249.33

Heilongjiang Interchina Water Treatment Co's Days Payable declined from Mar. 2025 (209.10) to Mar. 2026 (205.47). It may suggest that Heilongjiang Interchina Water Treatment Co accelerated paying its suppliers.


Heilongjiang Interchina Water Treatment Co Days Payable Related Terms


Heilongjiang Interchina Water Treatment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Heilongjiang Interchina Water Treatment 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.

Heilongjiang Interchina Water Treatment Co Days Payable Chart

Heilongjiang Interchina Water Treatment 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 168.79 253.49 281.62 374.81 251.53

Heilongjiang Interchina Water Treatment 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 209.10 650.07 255.83 177.36 205.47

SHSE:600187 vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Heilongjiang Interchina Water Treatment 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.


Heilongjiang Interchina Water Treatment Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Heilongjiang Interchina Water Treatment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Heilongjiang Interchina Water Treatment Co's Days Payable falls into.


SHSE:600187
39GF Score
Heilongjiang Interchina Water Treatment Co Ltd SHSE:600187
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Heilongjiang Interchina Water Treatment 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.

Heilongjiang Interchina Water Treatment 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
=( (102.367 + 106.421) / 2 ) / 151.487*365
=104.394 / 151.487*365
=251.53

Heilongjiang Interchina Water Treatment 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
=( (106.421 + 92.586) / 2 ) / 44.19*365 / 4
=99.5035 / 44.19*365 / 4
=205.47

* 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 205.47 mean?
Heilongjiang Interchina Water Treatment Co (SHSE:600187) has a Days Payable of 205.47 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 Heilongjiang Interchina Water Treatment Co and its competitors. This is near median its historical median of 203.82. Over the past decade, Heilongjiang Interchina Water Treatment Co's Days Payable has ranged from 82.90 to 374.81. According to the industry distribution chart, Heilongjiang Interchina Water Treatment Co ranks #64 out of 482 companies in the Utilities - Regulated industry, placing it in the top 13.3%.
Is Heilongjiang Interchina Water Treatment Co's Days Payable too high?
Heilongjiang Interchina Water Treatment Co's current Days Payable of 205.47 is near median its 10-year median of 203.82. Over the past 10 years, this metric has ranged from a low of 82.90 to a high of 374.81. The Utilities - Regulated industry median Days Payable is 70.32. Heilongjiang Interchina Water Treatment Co's value of 205.47 is 192.2% above this industry median. Based on the distribution chart, Heilongjiang Interchina Water Treatment Co ranks #64 out of 482 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Heilongjiang Interchina Water Treatment Co has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Interchina Water Treatment Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Heilongjiang Interchina Water Treatment Co ranks #64 out of 482 companies for Days Payable. This places Heilongjiang Interchina Water Treatment Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.32. Heilongjiang Interchina Water Treatment Co's value of 205.47 is 192.2% above this benchmark. Historically, Heilongjiang Interchina Water Treatment Co's own Days Payable has ranged from 82.90 to 374.81 over the past decade. While the company's 10-year median is 203.82 vs. the industry median of 70.32, Heilongjiang Interchina Water Treatment 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.32, 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. Heilongjiang Interchina Water Treatment Co's current Days Payable of 205.47 is 192.2% 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 Heilongjiang Interchina Water Treatment Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Interchina Water Treatment Co's current Days Payable is 205.47, which is near median its own 10-year median of 203.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Interchina Water Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Interchina Water Treatment Co (SHSE:600187) is currently considered Possible Value Trap. The stock's GF Value™ is ¥2.75, compared to a current price of ¥1.44 — trading 47.6% below its estimated fair value. The current Days Payable is 205.47, which is near median its 10-year median of 203.82 and 192.2% above the Utilities - Regulated industry median of 70.32. Heilongjiang Interchina Water Treatment Co's overall GF Score™ is 39/100 with 3 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 Heilongjiang Interchina Water Treatment Co (SHSE:600187), the current Days Payable is 205.47 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 Heilongjiang Interchina Water Treatment Co (SHSE:600187) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Interchina Water Treatment Co stock appears to be undervalued. The current stock price of ¥1.44 is trading 47.6% below its estimated GF Value™ of ¥2.75. GuruFocus considers Heilongjiang Interchina Water Treatment Co to be Possible Value Trap.

Key valuation signals for SHSE:600187:

  • Days Payable: 205.47 (near median its 10-year median of 203.82)
  • GF Value™: ¥2.75 vs. price of ¥1.44 (47.6% below fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 192.2% above the Utilities - Regulated median (#64 of 482)

No single metric tells the full story. See the SHSE:600187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Interchina Water Treatment Co Business Description

Address No. 27 Changqing Road, Longsha District, Qiqihaer, Heilongjiang, CHN, 161005
Heilongjiang Interchina Water Treatment Co Ltd engages in the construction and operation of a water project in China. The company is involved in the supply of water; and the provision of sewage and wastewater treatment services. It also offers environmental protection equipment, as well as engineering and technical services.
39GF Score

Get the complete analysis for SHSE:600187

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

¥1.44
Price
¥2.75
GF Value