Qinghai Huading Industrial Co (SHSE:600243) Days Payable: 194.90 (As of Mar. 2026) — 30% Above Median


SHSE:600243 Qinghai Huading Industrial Co Ltd SHSE:600243
50 GF Score
Price ¥3.43
GF Value ¥3.93
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Qinghai Huading Industrial Co Days Payable?

Qinghai Huading Industrial Co SHSE:600243 +0.88% 50 Days Payable is 194.90 as of Mar. 2026, which is 30% above its 10-year median of 149.48. GuruFocus rates SHSE:600243 with a GF Score™ of 50/100 and a GF Value™ of ¥3.93 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,986 Industrial Products companies, Qinghai Huading Industrial Co ranks better than 81.35% on this metric.

Qinghai Huading Industrial Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥164.9 Mil. Qinghai Huading Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥77.2 Mil. Hence, Qinghai Huading Industrial Co's Days Payable for the three months ended in Mar. 2026 was 194.90.

The historical rank and industry rank for Qinghai Huading Industrial Co's Days Payable or its related term are showing as below:

SHSE:600243' s Days Payable Range Over the Past 10 Years
Min: 131.24   Med: 149.48   Max: 258.42
Current: 172.67

During the past 13 years, Qinghai Huading Industrial Co's highest Days Payable was 258.42. The lowest was 131.24. And the median was 149.48.

SHSE:600243's Days Payable is ranked better than
81.35% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs SHSE:600243: 172.67

Qinghai Huading Industrial Co's Days Payable declined from Mar. 2025 (303.64) to Mar. 2026 (194.90). It may suggest that Qinghai Huading Industrial Co accelerated paying its suppliers.


Qinghai Huading Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Qinghai Huading Industrial 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.

Qinghai Huading Industrial Co Days Payable Chart

Qinghai Huading Industrial 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 131.24 134.18 150.07 258.42 202.57

Qinghai Huading Industrial 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 303.64 251.10 173.57 123.31 194.90

SHSE:600243 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Qinghai Huading Industrial 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.


Qinghai Huading Industrial Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qinghai Huading Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Qinghai Huading Industrial Co's Days Payable falls into.


SHSE:600243
50GF Score
Qinghai Huading Industrial Co Ltd SHSE:600243
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qinghai Huading Industrial 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.

Qinghai Huading Industrial 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
=( (152.174 + 169.919) / 2 ) / 290.176*365
=161.0465 / 290.176*365
=202.57

Qinghai Huading Industrial 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
=( (169.919 + 159.872) / 2 ) / 77.204*365 / 4
=164.8955 / 77.204*365 / 4
=194.90

* 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 194.90 mean?
Qinghai Huading Industrial Co (SHSE:600243) has a Days Payable of 194.90 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 Qinghai Huading Industrial Co and its competitors. This is 30% above median its historical median of 149.48. Over the past decade, Qinghai Huading Industrial Co's Days Payable has ranged from 131.24 to 258.42. According to the industry distribution chart, Qinghai Huading Industrial Co ranks #557 out of 2986 companies in the Industrial Products industry, placing it in the top 18.7%.
Is Qinghai Huading Industrial Co's Days Payable too high?
Qinghai Huading Industrial Co's current Days Payable of 194.90 is 30% above median its 10-year median of 149.48. Over the past 10 years, this metric has ranged from a low of 131.24 to a high of 258.42. The Industrial Products industry median Days Payable is 77.81. Qinghai Huading Industrial Co's value of 194.90 is 150.5% above this industry median. Based on the distribution chart, Qinghai Huading Industrial Co ranks #557 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Qinghai Huading Industrial Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qinghai Huading Industrial Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Qinghai Huading Industrial Co ranks #557 out of 2986 companies for Days Payable. This places Qinghai Huading Industrial Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.81. Qinghai Huading Industrial Co's value of 194.90 is 150.5% above this benchmark. Historically, Qinghai Huading Industrial Co's own Days Payable has ranged from 131.24 to 258.42 over the past decade. While the company's 10-year median is 149.48 vs. the industry median of 77.81, Qinghai Huading Industrial 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Qinghai Huading Industrial Co's current Days Payable of 194.90 is 150.5% 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 Qinghai Huading Industrial Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qinghai Huading Industrial Co's current Days Payable is 194.90, which is 30% above median its own 10-year median of 149.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinghai Huading Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Qinghai Huading Industrial Co (SHSE:600243) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.93, compared to a current price of ¥3.43 — trading 12.7% below its estimated fair value. The current Days Payable is 194.90, which is 30% above median its 10-year median of 149.48 and 150.5% above the Industrial Products industry median of 77.81. Qinghai Huading Industrial Co's overall GF Score™ is 50/100 with 7 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 Qinghai Huading Industrial Co (SHSE:600243), the current Days Payable is 194.90 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 Qinghai Huading Industrial Co (SHSE:600243) Overvalued in 2026?

Based on GuruFocus' analysis, Qinghai Huading Industrial Co stock appears to be undervalued. The current stock price of ¥3.43 is trading 12.7% below its estimated GF Value™ of ¥3.93. GuruFocus considers Qinghai Huading Industrial Co to be Modestly Undervalued.

Key valuation signals for SHSE:600243:

  • Days Payable: 194.90 (30% above median its 10-year median of 149.48)
  • GF Value™: ¥3.93 vs. price of ¥3.43 (12.7% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 150.5% above the Industrial Products median (#557 of 2986)

No single metric tells the full story. See the SHSE:600243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qinghai Huading Industrial Co Business Description

Address No. 318, Qiyi Road, Qinghai Province, Xining, CHN, 810000
Qinghai Huading Industrial Co Ltd is a Chinese company engaged in the manufacture and sale of CNC horizontal lathe products, roll lathes, special railway lathes, and other machine tools.
50GF Score

Get the complete analysis for SHSE:600243

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

¥3.43
Price
¥3.93
GF Value