Inner Mongolia North Hauler JSC (SHSE:600262) Days Payable: 189.25 (As of Mar. 2026) — 27% Above Median


SHSE:600262 Inner Mongolia North Hauler JSC Ltd SHSE:600262
77 GF Score
Price ¥21.14
GF Value ¥23.07
Valuation Fairly Valued
! 2 Warning Signs
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What is Inner Mongolia North Hauler JSC Days Payable?

Inner Mongolia North Hauler JSC SHSE:600262 -0.24% 77 Days Payable is 189.25 as of Mar. 2026, which is 27% above its 10-year median of 148.77. GuruFocus rates SHSE:600262 with a GF Score™ of 77/100 and a GF Value™ of ¥23.07 (Fairly Valued). The stock has 2 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Inner Mongolia North Hauler JSC ranks better than 87.98% on this metric.

Inner Mongolia North Hauler JSC's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,391 Mil. Inner Mongolia North Hauler JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥671 Mil. Hence, Inner Mongolia North Hauler JSC's Days Payable for the three months ended in Mar. 2026 was 189.25.

The historical rank and industry rank for Inner Mongolia North Hauler JSC's Days Payable or its related term are showing as below:

SHSE:600262' s Days Payable Range Over the Past 10 Years
Min: 118.49   Med: 148.77   Max: 232.89
Current: 232.89

During the past 13 years, Inner Mongolia North Hauler JSC's highest Days Payable was 232.89. The lowest was 118.49. And the median was 148.77.

SHSE:600262's Days Payable is ranked better than
87.98% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 69.415 vs SHSE:600262: 232.89

Inner Mongolia North Hauler JSC's Days Payable increased from Mar. 2025 (179.37) to Mar. 2026 (189.25). It may suggest that Inner Mongolia North Hauler JSC delayed paying its suppliers.


Inner Mongolia North Hauler JSC Days Payable Related Terms


Inner Mongolia North Hauler JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Inner Mongolia North Hauler JSC'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.

Inner Mongolia North Hauler JSC Days Payable Chart

Inner Mongolia North Hauler JSC 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 118.49 125.48 150.28 170.98 192.14

Inner Mongolia North Hauler JSC 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 179.37 226.09 257.12 271.58 189.25

SHSE:600262 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Inner Mongolia North Hauler JSC'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.


Inner Mongolia North Hauler JSC Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Inner Mongolia North Hauler JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolia North Hauler JSC's Days Payable falls into.


SHSE:600262
77GF Score
Inner Mongolia North Hauler JSC Ltd SHSE:600262
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner Mongolia North Hauler JSC 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.

Inner Mongolia North Hauler JSC'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
=( (1329.611 + 1273.326) / 2 ) / 2472.293*365
=1301.4685 / 2472.293*365
=192.14

Inner Mongolia North Hauler JSC'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
=( (1273.326 + 1509.578) / 2 ) / 670.898*365 / 4
=1391.452 / 670.898*365 / 4
=189.25

* 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 189.25 mean?
Inner Mongolia North Hauler JSC (SHSE:600262) has a Days Payable of 189.25 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 Inner Mongolia North Hauler JSC and its competitors. This is 27% above median its historical median of 148.77. Over the past decade, Inner Mongolia North Hauler JSC's Days Payable has ranged from 118.49 to 232.89. According to the industry distribution chart, Inner Mongolia North Hauler JSC ranks #25 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 12%.
Is Inner Mongolia North Hauler JSC's Days Payable too high?
Inner Mongolia North Hauler JSC's current Days Payable of 189.25 is 27% above median its 10-year median of 148.77. Over the past 10 years, this metric has ranged from a low of 118.49 to a high of 232.89. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. Inner Mongolia North Hauler JSC's value of 189.25 is 172.6% above this industry median. Based on the distribution chart, Inner Mongolia North Hauler JSC ranks #25 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Inner Mongolia North Hauler JSC has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia North Hauler JSC's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Inner Mongolia North Hauler JSC ranks #25 out of 208 companies for Days Payable. This places Inner Mongolia North Hauler JSC in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.42. Inner Mongolia North Hauler JSC's value of 189.25 is 172.6% above this benchmark. Historically, Inner Mongolia North Hauler JSC's own Days Payable has ranged from 118.49 to 232.89 over the past decade. While the company's 10-year median is 148.77 vs. the industry median of 69.42, Inner Mongolia North Hauler JSC 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 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. Inner Mongolia North Hauler JSC's current Days Payable of 189.25 is 172.6% 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 Inner Mongolia North Hauler JSC and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia North Hauler JSC's current Days Payable is 189.25, which is 27% above median its own 10-year median of 148.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia North Hauler JSC stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia North Hauler JSC (SHSE:600262) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.07, compared to a current price of ¥21.14 — trading 8.4% below its estimated fair value. The current Days Payable is 189.25, which is 27% above median its 10-year median of 148.77 and 172.6% above the Farm & Heavy Construction Machinery industry median of 69.42. Inner Mongolia North Hauler JSC's overall GF Score™ is 77/100 with 2 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 Inner Mongolia North Hauler JSC (SHSE:600262), the current Days Payable is 189.25 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 Inner Mongolia North Hauler JSC (SHSE:600262) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolia North Hauler JSC stock appears to be undervalued. The current stock price of ¥21.14 is trading 8.4% below its estimated GF Value™ of ¥23.07. GuruFocus considers Inner Mongolia North Hauler JSC to be Fairly Valued.

Key valuation signals for SHSE:600262:

  • Days Payable: 189.25 (27% above median its 10-year median of 148.77)
  • GF Value™: ¥23.07 vs. price of ¥21.14 (8.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 172.6% above the Farm & Heavy Construction Machinery median (#25 of 208)

No single metric tells the full story. See the SHSE:600262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolia North Hauler JSC Business Description

Address Rare-Earth High Technology Development Zone, North Hauler Joint Stock Co. Building, Baotou, Inner Mongolia, CHN, 014030
Inner Mongolia North Hauler JSC Ltd manufactures and markets off-highway mining vehicles, their parts and components. The product portfolio includes - Electric drive mining dump truck, Articulated mining dump truck, Coal mine underground explosion-proof engineering dump truck, and Hydraulic excavator rotary drilling rig side dump truck.
77GF Score

Get the complete analysis for SHSE:600262

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

¥21.14
Price
¥23.07
GF Value