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SHSE:600283's Days Payable is ranked better than 75.93% of 482
companies
in the Utilities - Regulated industry
Industry Median: 70.32
vs SHSE:600283: 138.24
* 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.
Qianjiang Water Resources Development Co Days Payable Chart
Qianjiang Water Resources Development Co Annual Data
SHSE:600283 vs AWK, WTRG, AWR: Days Payable Comparison
For the Utilities - Regulated Water subindustry, Qianjiang Water Resources Development 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.
Qianjiang Water Resources Development Co Days Payable vs Utilities - Regulated Industry
Qianjiang Water Resources Development 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.
* 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.
Qianjiang Water Resources Development Co (SHSE:600283) has a Days Payable of 203.90 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 Qianjiang Water Resources Development Co and its competitors. This is 94% above median its historical median of 105.34. Over the past decade, Qianjiang Water Resources Development Co's Days Payable has ranged from 83.06 to 201.93. According to the industry distribution chart, Qianjiang Water Resources Development Co ranks #116 out of 482 companies in the Utilities - Regulated industry, placing it in the top 24.1%.
Is Qianjiang Water Resources Development Co's Days Payable too high?
Qianjiang Water Resources Development Co's current Days Payable of 203.90 is 94% above median its 10-year median of 105.34. Over the past 10 years, this metric has ranged from a low of 83.06 to a high of 201.93. The Utilities - Regulated industry median Days Payable is 70.32. Qianjiang Water Resources Development Co's value of 203.90 is 190% above this industry median. Based on the distribution chart, Qianjiang Water Resources Development Co ranks #116 out of 482 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Qianjiang Water Resources Development Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qianjiang Water Resources Development Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Qianjiang Water Resources Development Co ranks #116 out of 482 companies for Days Payable. This places Qianjiang Water Resources Development Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.32. Qianjiang Water Resources Development Co's value of 203.90 is 190% above this benchmark. Historically, Qianjiang Water Resources Development Co's own Days Payable has ranged from 83.06 to 201.93 over the past decade. While the company's 10-year median is 105.34 vs. the industry median of 70.32, Qianjiang Water Resources Development 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.32, based on 482 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. Qianjiang Water Resources Development Co's current Days Payable of 203.90 is 190% 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 Qianjiang Water Resources Development Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qianjiang Water Resources Development Co's current Days Payable is 203.90, which is 94% above median its own 10-year median of 105.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qianjiang Water Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Qianjiang Water Resources Development Co (SHSE:600283) is currently considered Possible Value Trap. The stock's GF Value™ is ¥10.84, compared to a current price of ¥7.61 — trading 29.8% below its estimated fair value. The current Days Payable is 203.90, which is 94% above median its 10-year median of 105.34 and 190% above the Utilities - Regulated industry median of 70.32. Qianjiang Water Resources Development Co's overall GF Score™ is 67/100 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 Qianjiang Water Resources Development Co (SHSE:600283), the current Days Payable is 203.90 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 Qianjiang Water Resources Development Co (SHSE:600283) Overvalued in 2026?
Based on GuruFocus' analysis, Qianjiang Water Resources Development Co stock appears to be undervalued.
The current stock price of ¥7.61 is trading 29.8% below its estimated GF Value™ of ¥10.84.
GuruFocus considers Qianjiang Water Resources Development Co to be Possible Value Trap.
Key valuation signals for SHSE:600283:
Days Payable: 203.90 (94% above median its 10-year median of 105.34)
GF Value™: ¥10.84 vs. price of ¥7.61 (29.8% below fair value)
Industry Position: 190% above the Utilities - Regulated median (#116 of 482)
No single metric tells the full story. See the SHSE:600283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qianjiang Water Resources Development Co Business Description
Qianjiang Water Resources Development Co Ltd is a China-based company is involved in hydropower and water supply business. In addition, it is involved in the real estate development activities; distribution of materials and spare parts; and other services.
67GF Score
Get the complete analysis for SHSE:600283
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