Harbin Air Conditioning CoSHSE:600202 +3.15%57 Days Payable is 391.42 as of Mar. 2026, which is 62% above its 10-year median of 242.34. GuruFocus rates SHSE:600202 with a GF Score™ of 57/100 and a GF Value™ of ¥6.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,713 Construction companies, Harbin Air Conditioning Co ranks better than 77.7% on this metric.
* 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:600202 vs TT, JCI, CARR: Days Payable Comparison
For the Building Products & Equipment subindustry, Harbin Air Conditioning 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.
Harbin Air Conditioning Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Harbin Air Conditioning Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Harbin Air Conditioning Co's Days Payable falls into.
Harbin Air Conditioning 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.
* 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.
Harbin Air Conditioning Co (SHSE:600202) has a Days Payable of 391.42 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 Harbin Air Conditioning Co and its competitors. This is 62% above median its historical median of 242.34. Over the past decade, Harbin Air Conditioning Co's Days Payable has ranged from 151.61 to 414.81. According to the industry distribution chart, Harbin Air Conditioning Co ranks #382 out of 1713 companies in the Construction industry, placing it in the top 22.3%.
Is Harbin Air Conditioning Co's Days Payable too high?
Harbin Air Conditioning Co's current Days Payable of 391.42 is 62% above median its 10-year median of 242.34. Over the past 10 years, this metric has ranged from a low of 151.61 to a high of 414.81. The Construction industry median Days Payable is 76.49. Harbin Air Conditioning Co's value of 391.42 is 411.7% above this industry median. Based on the distribution chart, Harbin Air Conditioning Co ranks #382 out of 1713 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Harbin Air Conditioning Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Air Conditioning Co's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Harbin Air Conditioning Co ranks #382 out of 1713 companies for Days Payable. This places Harbin Air Conditioning Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.49. Harbin Air Conditioning Co's value of 391.42 is 411.7% above this benchmark. Historically, Harbin Air Conditioning Co's own Days Payable has ranged from 151.61 to 414.81 over the past decade. While the company's 10-year median is 242.34 vs. the industry median of 76.49, Harbin Air Conditioning 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 76.49, based on 1,713 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. Harbin Air Conditioning Co's current Days Payable of 391.42 is 411.7% 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 Harbin Air Conditioning Co and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin Air Conditioning Co's current Days Payable is 391.42, which is 62% above median its own 10-year median of 242.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Air Conditioning Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Air Conditioning Co (SHSE:600202) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.28, compared to a current price of ¥4.58 — trading 27.1% below its estimated fair value. The current Days Payable is 391.42, which is 62% above median its 10-year median of 242.34 and 411.7% above the Construction industry median of 76.49. Harbin Air Conditioning Co's overall GF Score™ is 57/100 with 6 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 Harbin Air Conditioning Co (SHSE:600202), the current Days Payable is 391.42 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 Harbin Air Conditioning Co (SHSE:600202) Overvalued in 2026?
Based on GuruFocus' analysis, Harbin Air Conditioning Co stock appears to be undervalued.
The current stock price of ¥4.58 is trading 27.1% below its estimated GF Value™ of ¥6.28.
GuruFocus considers Harbin Air Conditioning Co to be Modestly Undervalued.
Key valuation signals for SHSE:600202:
Days Payable: 391.42 (62% above median its 10-year median of 242.34)
GF Value™: ¥6.28 vs. price of ¥4.58 (27.1% below fair value)
Industry Position: 411.7% above the Construction median (#382 of 1713)
No single metric tells the full story. See the SHSE:600202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbin Air Conditioning Co Ltd in China is engaged in the designing and manufacturing of energy saving and environmentally-friendly products such as petrochemical air cooling condensers, power plant air coolers, and air conditioning HVAC equipment. Its products are widely used in petrochemical, power energy, steel and metallurgical industries.
57GF Score
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