Jiangxi Ganyue Expressway Co (SHSE:600269) Days Payable: 266.64 (As of Mar. 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600269 Jiangxi Ganyue Expressway Co Ltd SHSE:600269
56 GF Score
Price ¥4.00
GF Value ¥4.42
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jiangxi Ganyue Expressway Co Days Payable?

Jiangxi Ganyue Expressway Co SHSE:600269 -1.72% 56 Days Payable is 266.64 as of Mar. 2026, which is 38% above its 10-year median of 193.69. GuruFocus rates SHSE:600269 with a GF Score™ of 56/100 and a GF Value™ of ¥4.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Jiangxi Ganyue Expressway Co ranks better than 80.01% on this metric.

Jiangxi Ganyue Expressway Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,188 Mil. Jiangxi Ganyue Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥749 Mil. Hence, Jiangxi Ganyue Expressway Co's Days Payable for the three months ended in Mar. 2026 was 266.64.

The historical rank and industry rank for Jiangxi Ganyue Expressway Co's Days Payable or its related term are showing as below:

SHSE:600269' s Days Payable Range Over the Past 10 Years
Min: 135.27   Med: 193.69   Max: 266.05
Current: 182.77

During the past 13 years, Jiangxi Ganyue Expressway Co's highest Days Payable was 266.05. The lowest was 135.27. And the median was 193.69.

SHSE:600269's Days Payable is ranked better than
80.01% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs SHSE:600269: 182.77

Jiangxi Ganyue Expressway Co's Days Payable increased from Mar. 2025 (194.44) to Mar. 2026 (266.64). It may suggest that Jiangxi Ganyue Expressway Co delayed paying its suppliers.


Jiangxi Ganyue Expressway Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangxi Ganyue Expressway 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.

Jiangxi Ganyue Expressway Co Days Payable Chart

Jiangxi Ganyue Expressway 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 146.54 135.27 144.60 195.94 177.48

Jiangxi Ganyue Expressway 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 194.44 147.37 239.13 129.37 266.64

Jiangxi Ganyue Expressway Co Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Jiangxi Ganyue Expressway 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.


Jiangxi Ganyue Expressway Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Jiangxi Ganyue Expressway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangxi Ganyue Expressway Co's Days Payable falls into.


SHSE:600269
56GF Score
Jiangxi Ganyue Expressway Co Ltd SHSE:600269
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangxi Ganyue Expressway 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.

Jiangxi Ganyue Expressway 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
=( (1834.437 + 1970.914) / 2 ) / 3912.974*365
=1902.6755 / 3912.974*365
=177.48

Jiangxi Ganyue Expressway 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
=( (1970.914 + 2404.517) / 2 ) / 748.68*365 / 4
=2187.7155 / 748.68*365 / 4
=266.64

* 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 266.64 mean?
Jiangxi Ganyue Expressway Co (SHSE:600269) has a Days Payable of 266.64 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 Jiangxi Ganyue Expressway Co and its competitors. This is 38% above median its historical median of 193.69. Over the past decade, Jiangxi Ganyue Expressway Co's Days Payable has ranged from 135.27 to 266.05. According to the industry distribution chart, Jiangxi Ganyue Expressway Co ranks #343 out of 1716 companies in the Construction industry, placing it in the top 20%.
Is Jiangxi Ganyue Expressway Co's Days Payable too high?
Jiangxi Ganyue Expressway Co's current Days Payable of 266.64 is 38% above median its 10-year median of 193.69. Over the past 10 years, this metric has ranged from a low of 135.27 to a high of 266.05. The Construction industry median Days Payable is 76.55. Jiangxi Ganyue Expressway Co's value of 266.64 is 248.3% above this industry median. Based on the distribution chart, Jiangxi Ganyue Expressway Co ranks #343 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Ganyue Expressway Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Ganyue Expressway Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, Jiangxi Ganyue Expressway Co ranks #343 out of 1716 companies for Days Payable. This places Jiangxi Ganyue Expressway Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.55. Jiangxi Ganyue Expressway Co's value of 266.64 is 248.3% above this benchmark. Historically, Jiangxi Ganyue Expressway Co's own Days Payable has ranged from 135.27 to 266.05 over the past decade. While the company's 10-year median is 193.69 vs. the industry median of 76.55, Jiangxi Ganyue Expressway 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 76.55, 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. Jiangxi Ganyue Expressway Co's current Days Payable of 266.64 is 248.3% 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 Jiangxi Ganyue Expressway Co and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Ganyue Expressway Co's current Days Payable is 266.64, which is 38% above median its own 10-year median of 193.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Ganyue Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Ganyue Expressway Co (SHSE:600269) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.42, compared to a current price of ¥4.00 — trading 9.5% below its estimated fair value. The current Days Payable is 266.64, which is 38% above median its 10-year median of 193.69 and 248.3% above the Construction industry median of 76.55. Jiangxi Ganyue Expressway Co's overall GF Score™ is 56/100 with 4 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 Jiangxi Ganyue Expressway Co (SHSE:600269), the current Days Payable is 266.64 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 Jiangxi Ganyue Expressway Co (SHSE:600269) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Ganyue Expressway Co stock appears to be undervalued. The current stock price of ¥4.00 is trading 9.5% below its estimated GF Value™ of ¥4.42. GuruFocus considers Jiangxi Ganyue Expressway Co to be Modestly Undervalued.

Key valuation signals for SHSE:600269:

  • Days Payable: 266.64 (38% above median its 10-year median of 193.69)
  • GF Value™: ¥4.42 vs. price of ¥4.00 (9.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 248.3% above the Construction median (#343 of 1716)

No single metric tells the full story. See the SHSE:600269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangxi Ganyue Expressway Co Business Description

Address No. 199, Torch Street, Yanneng Building, igh-tech Development Zone, Jiangxi, Nanchang, CHN, 330025
Jiangxi Ganyue Expressway Co Ltd is a Chinese company engaged in the investment, construction, operation, and management of toll highways and roads.
56GF Score

Get the complete analysis for SHSE:600269

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

¥4.00
Price
¥4.42
GF Value