Hubeinxia New Building Materials Co (SHSE:600293) Days Payable: 160.19 (As of Mar. 2026) — 69% Above Median


SHSE:600293 Hubei Sanxia New Building Materials Co Ltd SHSE:600293
52 GF Score
Price ¥2.47
GF Value ¥1.73
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hubeinxia New Building Materials Co Days Payable?

Hubeinxia New Building Materials Co SHSE:600293 -2.76% 52 Days Payable is 160.19 as of Mar. 2026, which is 69% above its 10-year median of 94.72. GuruFocus rates SHSE:600293 with a GF Score™ of 52/100 and a GF Value™ of ¥1.73 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 395 Building Materials companies, Hubeinxia New Building Materials Co ranks better than 66.58% on this metric.

Hubeinxia New Building Materials Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥258 Mil. Hubeinxia New Building Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥147 Mil. Hence, Hubeinxia New Building Materials Co's Days Payable for the three months ended in Mar. 2026 was 160.19.

The historical rank and industry rank for Hubeinxia New Building Materials Co's Days Payable or its related term are showing as below:

SHSE:600293' s Days Payable Range Over the Past 10 Years
Min: 25.81   Med: 94.72   Max: 126.17
Current: 97.22

During the past 13 years, Hubeinxia New Building Materials Co's highest Days Payable was 126.17. The lowest was 25.81. And the median was 94.72.

SHSE:600293's Days Payable is ranked better than
66.58% of 395 companies
in the Building Materials industry
Industry Median: 69.75 vs SHSE:600293: 97.22

Hubeinxia New Building Materials Co's Days Payable declined from Mar. 2025 (163.43) to Mar. 2026 (160.19). It may suggest that Hubeinxia New Building Materials Co accelerated paying its suppliers.


Hubeinxia New Building Materials Co Days Payable Related Terms


Hubeinxia New Building Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hubeinxia New Building Materials 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.

Hubeinxia New Building Materials Co Days Payable Chart

Hubeinxia New Building Materials 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 75.92 99.07 126.17 115.82 111.56

Hubeinxia New Building Materials 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 163.43 66.97 102.32 109.14 160.19

SHSE:600293 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Hubeinxia New Building Materials 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.


Hubeinxia New Building Materials Co Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hubeinxia New Building Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubeinxia New Building Materials Co's Days Payable falls into.


SHSE:600293
52GF Score
Hubei Sanxia New Building Materials Co Ltd SHSE:600293
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hubeinxia New Building Materials 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.

Hubeinxia New Building Materials 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
=( (429.072 + 275.776) / 2 ) / 1153.046*365
=352.424 / 1153.046*365
=111.56

Hubeinxia New Building Materials 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
=( (275.776 + 240.031) / 2 ) / 146.913*365 / 4
=257.9035 / 146.913*365 / 4
=160.19

* 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 160.19 mean?
Hubeinxia New Building Materials Co (SHSE:600293) has a Days Payable of 160.19 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 Hubeinxia New Building Materials Co and its competitors. This is 69% above median its historical median of 94.72. Over the past decade, Hubeinxia New Building Materials Co's Days Payable has ranged from 25.81 to 126.17. According to the industry distribution chart, Hubeinxia New Building Materials Co ranks #132 out of 395 companies in the Building Materials industry, placing it in the top 33.4%.
Is Hubeinxia New Building Materials Co's Days Payable too high?
Hubeinxia New Building Materials Co's current Days Payable of 160.19 is 69% above median its 10-year median of 94.72. Over the past 10 years, this metric has ranged from a low of 25.81 to a high of 126.17. The Building Materials industry median Days Payable is 69.75. Hubeinxia New Building Materials Co's value of 160.19 is 129.7% above this industry median. Based on the distribution chart, Hubeinxia New Building Materials Co ranks #132 out of 395 companies in the Building Materials industry, which is above the industry midpoint. Overall, Hubeinxia New Building Materials Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubeinxia New Building Materials Co's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hubeinxia New Building Materials Co ranks #132 out of 395 companies for Days Payable. This puts Hubeinxia New Building Materials Co in the upper half of its industry. The industry median Days Payable is 69.75. Hubeinxia New Building Materials Co's value of 160.19 is 129.7% above this benchmark. Historically, Hubeinxia New Building Materials Co's own Days Payable has ranged from 25.81 to 126.17 over the past decade. While the company's 10-year median is 94.72 vs. the industry median of 69.75, Hubeinxia New Building Materials 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 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. Hubeinxia New Building Materials Co's current Days Payable of 160.19 is 129.7% 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 Hubeinxia New Building Materials Co and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubeinxia New Building Materials Co's current Days Payable is 160.19, which is 69% above median its own 10-year median of 94.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubeinxia New Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hubeinxia New Building Materials Co (SHSE:600293) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.73, compared to a current price of ¥2.47 — trading 42.8% above its estimated fair value. The current Days Payable is 160.19, which is 69% above median its 10-year median of 94.72 and 129.7% above the Building Materials industry median of 69.75. Hubeinxia New Building Materials Co's overall GF Score™ is 52/100 with 5 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 Hubeinxia New Building Materials Co (SHSE:600293), the current Days Payable is 160.19 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 Hubeinxia New Building Materials Co (SHSE:600293) Overvalued in 2026?

Based on GuruFocus' analysis, Hubeinxia New Building Materials Co stock appears to be overvalued. The current stock price of ¥2.47 is trading 42.8% above its estimated GF Value™ of ¥1.73. GuruFocus considers Hubeinxia New Building Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:600293:

  • Days Payable: 160.19 (69% above median its 10-year median of 94.72)
  • GF Value™: ¥1.73 vs. price of ¥2.47 (42.8% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 129.7% above the Building Materials median (#132 of 395)

No single metric tells the full story. See the SHSE:600293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hubeinxia New Building Materials Co Business Description

Address Dangyang Economic and Technological Development Zone, Hubei Province, Dangyang, CHN, 444105
Hubei Sanxia New Building Materials Co Ltd is engaged in the glass industry in Hubei Province, China. The company produces float glass, deep-processing glass products, and new building materials.
52GF Score

Get the complete analysis for SHSE:600293

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

¥2.47
Price
¥1.73
GF Value