Shaanxi Construction Engineering Group (SHSE:600248) Days Payable: 851.45 (As of Mar. 2026) — 187% Above Median

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SHSE:600248 Shaanxi Construction Engineering Group Corp Ltd SHSE:600248
53 GF Score
Price ¥2.91
GF Value ¥3.17
Valuation Fairly Valued
! 6 Warning Signs
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What is Shaanxi Construction Engineering Group Days Payable?

Shaanxi Construction Engineering Group SHSE:600248 +2.46% 53 Days Payable is 851.45 as of Mar. 2026, which is 187% above its 10-year median of 296.89. GuruFocus rates SHSE:600248 with a GF Score™ of 53/100 and a GF Value™ of ¥3.17 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,716 Construction companies, Shaanxi Construction Engineering Group ranks better than 95.86% on this metric.

Shaanxi Construction Engineering Group's average Accounts Payable for the three months ended in Mar. 2026 was ¥171,794 Mil. Shaanxi Construction Engineering Group's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥18,411 Mil. Hence, Shaanxi Construction Engineering Group's Days Payable for the three months ended in Mar. 2026 was 851.45.

The historical rank and industry rank for Shaanxi Construction Engineering Group's Days Payable or its related term are showing as below:

SHSE:600248' s Days Payable Range Over the Past 10 Years
Min: 151.32   Med: 296.89   Max: 601.4
Current: 590.27

During the past 13 years, Shaanxi Construction Engineering Group's highest Days Payable was 601.40. The lowest was 151.32. And the median was 296.89.

SHSE:600248's Days Payable is ranked better than
95.86% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs SHSE:600248: 590.27

Shaanxi Construction Engineering Group's Days Payable increased from Mar. 2025 (837.81) to Mar. 2026 (851.45). It may suggest that Shaanxi Construction Engineering Group delayed paying its suppliers.


Shaanxi Construction Engineering Group Days Payable Related Terms


Shaanxi Construction Engineering Group Days Payable Historical Data

* Premium members only.

The historical data trend for Shaanxi Construction Engineering Group'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.

Shaanxi Construction Engineering Group Days Payable Chart

Shaanxi Construction Engineering Group 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 293.56 342.16 428.57 539.20 601.40

Shaanxi Construction Engineering Group 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 837.81 551.91 628.33 469.87 851.45

SHSE:600248 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Shaanxi Construction Engineering Group'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.


Shaanxi Construction Engineering Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Shaanxi Construction Engineering Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Construction Engineering Group's Days Payable falls into.


SHSE:600248
53GF Score
Shaanxi Construction Engineering Group Corp Ltd SHSE:600248
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Construction Engineering Group 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.

Shaanxi Construction Engineering Group'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
=( (196609.742 + 177016.517) / 2 ) / 113380.418*365
=186813.1295 / 113380.418*365
=601.40

Shaanxi Construction Engineering Group'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
=( (177016.517 + 166570.789) / 2 ) / 18411.206*365 / 4
=171793.653 / 18411.206*365 / 4
=851.45

* 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 851.45 mean?
Shaanxi Construction Engineering Group (SHSE:600248) has a Days Payable of 851.45 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 Shaanxi Construction Engineering Group and its competitors. This is 187% above median its historical median of 296.89. Over the past decade, Shaanxi Construction Engineering Group's Days Payable has ranged from 151.32 to 601.40. According to the industry distribution chart, Shaanxi Construction Engineering Group ranks #71 out of 1716 companies in the Construction industry, placing it in the top 4.1%.
Is Shaanxi Construction Engineering Group's Days Payable too high?
Shaanxi Construction Engineering Group's current Days Payable of 851.45 is 187% above median its 10-year median of 296.89. Over the past 10 years, this metric has ranged from a low of 151.32 to a high of 601.40. The Construction industry median Days Payable is 76.50. Shaanxi Construction Engineering Group's value of 851.45 is 1013% above this industry median. Based on the distribution chart, Shaanxi Construction Engineering Group ranks #71 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Construction Engineering Group has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Engineering Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Shaanxi Construction Engineering Group ranks #71 out of 1716 companies for Days Payable. This places Shaanxi Construction Engineering Group in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.50. Shaanxi Construction Engineering Group's value of 851.45 is 1013% above this benchmark. Historically, Shaanxi Construction Engineering Group's own Days Payable has ranged from 151.32 to 601.40 over the past decade. While the company's 10-year median is 296.89 vs. the industry median of 76.50, Shaanxi Construction Engineering Group 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 76.50, based on 1,716 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. Shaanxi Construction Engineering Group's current Days Payable of 851.45 is 1013% 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 Shaanxi Construction Engineering Group and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Construction Engineering Group's current Days Payable is 851.45, which is 187% above median its own 10-year median of 296.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Engineering Group (SHSE:600248) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.17, compared to a current price of ¥2.91 — trading 8.2% below its estimated fair value. The current Days Payable is 851.45, which is 187% above median its 10-year median of 296.89 and 1013% above the Construction industry median of 76.50. Shaanxi Construction Engineering Group's overall GF Score™ is 53/100 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 Shaanxi Construction Engineering Group (SHSE:600248), the current Days Payable is 851.45 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 Shaanxi Construction Engineering Group (SHSE:600248) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Construction Engineering Group stock appears to be undervalued. The current stock price of ¥2.91 is trading 8.2% below its estimated GF Value™ of ¥3.17. GuruFocus considers Shaanxi Construction Engineering Group to be Fairly Valued.

Key valuation signals for SHSE:600248:

  • Days Payable: 851.45 (187% above median its 10-year median of 296.89)
  • GF Value™: ¥3.17 vs. price of ¥2.91 (8.2% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 1013% above the Construction median (#71 of 1716)

No single metric tells the full story. See the SHSE:600248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaanxi Construction Engineering Group Business Description

Address No.199, North Street, Lianhu District, Xi\'an, Shaanxi, CHN, 712100
Shaanxi Construction Engineering Group Corp Ltd is engaged in providing engineering construction services. The company is involved in infrastructure, construction work, architectural design, real-estate development and operation services.
53GF Score

Get the complete analysis for SHSE:600248

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

¥2.91
Price
¥3.17
GF Value