Henan Ancai Hi-tech Co (SHSE:600207) Days Payable: 95.37 (As of Mar. 2026) — 51% Above Median


SHSE:600207 Henan Ancai Hi-tech Co Ltd SHSE:600207
44 GF Score
Price ¥4.52
GF Value ¥2.36
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Henan Ancai Hi-tech Co Days Payable?

Henan Ancai Hi-tech Co SHSE:600207 -1.53% 44 Days Payable is 95.37 as of Mar. 2026, which is 51% above its 10-year median of 63.04. GuruFocus rates SHSE:600207 with a GF Score™ of 44/100 and a GF Value™ of ¥2.36 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 507 Conglomerates companies, Henan Ancai Hi-tech Co ranks better than 79.29% on this metric.

Henan Ancai Hi-tech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥672 Mil. Henan Ancai Hi-tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥643 Mil. Hence, Henan Ancai Hi-tech Co's Days Payable for the three months ended in Mar. 2026 was 95.37.

The historical rank and industry rank for Henan Ancai Hi-tech Co's Days Payable or its related term are showing as below:

SHSE:600207' s Days Payable Range Over the Past 10 Years
Min: 27.7   Med: 63.04   Max: 115.18
Current: 115.18

During the past 13 years, Henan Ancai Hi-tech Co's highest Days Payable was 115.18. The lowest was 27.70. And the median was 63.04.

SHSE:600207's Days Payable is ranked better than
79.29% of 507 companies
in the Conglomerates industry
Industry Median: 55.71 vs SHSE:600207: 115.18

Henan Ancai Hi-tech Co's Days Payable increased from Mar. 2025 (86.52) to Mar. 2026 (95.37). It may suggest that Henan Ancai Hi-tech Co delayed paying its suppliers.


Henan Ancai Hi-tech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Henan Ancai Hi-tech 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.

Henan Ancai Hi-tech Co Days Payable Chart

Henan Ancai Hi-tech 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 69.04 87.68 84.20 89.67 99.90

Henan Ancai Hi-tech 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 86.52 117.68 108.86 147.57 95.37

SHSE:600207 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Henan Ancai Hi-tech 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.


Henan Ancai Hi-tech Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Henan Ancai Hi-tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henan Ancai Hi-tech Co's Days Payable falls into.


SHSE:600207
44GF Score
Henan Ancai Hi-tech Co Ltd SHSE:600207
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Henan Ancai Hi-tech 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.

Henan Ancai Hi-tech 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
=( (1030.008 + 640.785) / 2 ) / 3052.136*365
=835.3965 / 3052.136*365
=99.90

Henan Ancai Hi-tech 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
=( (640.785 + 703.28) / 2 ) / 642.987*365 / 4
=672.0325 / 642.987*365 / 4
=95.37

* 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 95.37 mean?
Henan Ancai Hi-tech Co (SHSE:600207) has a Days Payable of 95.37 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 Henan Ancai Hi-tech Co and its competitors. This is 51% above median its historical median of 63.04. Over the past decade, Henan Ancai Hi-tech Co's Days Payable has ranged from 27.70 to 115.18. According to the industry distribution chart, Henan Ancai Hi-tech Co ranks #105 out of 507 companies in the Conglomerates industry, placing it in the top 20.7%.
Is Henan Ancai Hi-tech Co's Days Payable too high?
Henan Ancai Hi-tech Co's current Days Payable of 95.37 is 51% above median its 10-year median of 63.04. Over the past 10 years, this metric has ranged from a low of 27.70 to a high of 115.18. The Conglomerates industry median Days Payable is 55.71. Henan Ancai Hi-tech Co's value of 95.37 is 71.2% above this industry median. Based on the distribution chart, Henan Ancai Hi-tech Co ranks #105 out of 507 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Ancai Hi-tech Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Ancai Hi-tech Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Henan Ancai Hi-tech Co ranks #105 out of 507 companies for Days Payable. This places Henan Ancai Hi-tech Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.71. Henan Ancai Hi-tech Co's value of 95.37 is 71.2% above this benchmark. Historically, Henan Ancai Hi-tech Co's own Days Payable has ranged from 27.70 to 115.18 over the past decade. While the company's 10-year median is 63.04 vs. the industry median of 55.71, Henan Ancai Hi-tech 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 507 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. Henan Ancai Hi-tech Co's current Days Payable of 95.37 is 71.2% 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 Henan Ancai Hi-tech Co and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Ancai Hi-tech Co's current Days Payable is 95.37, which is 51% above median its own 10-year median of 63.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Ancai Hi-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Ancai Hi-tech Co (SHSE:600207) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.36, compared to a current price of ¥4.52 — trading 91.5% above its estimated fair value. The current Days Payable is 95.37, which is 51% above median its 10-year median of 63.04 and 71.2% above the Conglomerates industry median of 55.71. Henan Ancai Hi-tech Co's overall GF Score™ is 44/100 with 8 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 Henan Ancai Hi-tech Co (SHSE:600207), the current Days Payable is 95.37 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 Henan Ancai Hi-tech Co (SHSE:600207) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Ancai Hi-tech Co stock appears to be overvalued. The current stock price of ¥4.52 is trading 91.5% above its estimated GF Value™ of ¥2.36. GuruFocus considers Henan Ancai Hi-tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:600207:

  • Days Payable: 95.37 (51% above median its 10-year median of 63.04)
  • GF Value™: ¥2.36 vs. price of ¥4.52 (91.5% above fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 71.2% above the Conglomerates median (#105 of 507)

No single metric tells the full story. See the SHSE:600207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Ancai Hi-tech Co Business Description

Address Zhongzhou Road, South Section, Henan Province, Anyang, CHN, 455000
Henan Ancai Hi-tech Co Ltd is engaged in operating China's manufacturing facility for colored glass. The main production and sales of solar photovoltaic ultra-white rolled glass, high-quality float glass, TCO glass and energy-saving glass. The company is also involved in the pipeline distribution of liquefied natural gas.
44GF Score

Get the complete analysis for SHSE:600207

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

¥4.52
Price
¥2.36
GF Value