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* 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.
Gansu Jiu Steel Group Hongxing Iron And Steel Co Days Payable Chart
Gansu Jiu Steel Group Hongxing Iron And Steel Co Annual Data
* 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.
Gansu Jiu Steel Group Hongxing Iron And Steel Co Days Payable vs Steel Industry
Gansu Jiu Steel Group Hongxing Iron And Steel 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.
Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) has a Days Payable of 220.38 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co and its competitors. This is 133% above median its historical median of 94.52. Over the past decade, Gansu Jiu Steel Group Hongxing Iron And Steel Co's Days Payable has ranged from 70.42 to 199.81. According to the industry distribution chart, Gansu Jiu Steel Group Hongxing Iron And Steel Co ranks #32 out of 598 companies in the Steel industry, placing it in the top 5.4%.
Is Gansu Jiu Steel Group Hongxing Iron And Steel Co's Days Payable too high?
Gansu Jiu Steel Group Hongxing Iron And Steel Co's current Days Payable of 220.38 is 133% above median its 10-year median of 94.52. Over the past 10 years, this metric has ranged from a low of 70.42 to a high of 199.81. The Steel industry median Days Payable is 41.39. Gansu Jiu Steel Group Hongxing Iron And Steel Co's value of 220.38 is 432.5% above this industry median. Based on the distribution chart, Gansu Jiu Steel Group Hongxing Iron And Steel Co ranks #32 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Gansu Jiu Steel Group Hongxing Iron And Steel Co has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gansu Jiu Steel Group Hongxing Iron And Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Gansu Jiu Steel Group Hongxing Iron And Steel Co ranks #32 out of 598 companies for Days Payable. This places Gansu Jiu Steel Group Hongxing Iron And Steel Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Gansu Jiu Steel Group Hongxing Iron And Steel Co's value of 220.38 is 432.5% above this benchmark. Historically, Gansu Jiu Steel Group Hongxing Iron And Steel Co's own Days Payable has ranged from 70.42 to 199.81 over the past decade. While the company's 10-year median is 94.52 vs. the industry median of 41.39, Gansu Jiu Steel Group Hongxing Iron And Steel 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Gansu Jiu Steel Group Hongxing Iron And Steel Co's current Days Payable of 220.38 is 432.5% 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gansu Jiu Steel Group Hongxing Iron And Steel Co's current Days Payable is 220.38, which is 133% above median its own 10-year median of 94.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gansu Jiu Steel Group Hongxing Iron And Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.23, compared to a current price of ¥1.44 — trading 17.1% above its estimated fair value. The current Days Payable is 220.38, which is 133% above median its 10-year median of 94.52 and 432.5% above the Steel industry median of 41.39. Gansu Jiu Steel Group Hongxing Iron And Steel Co's overall GF Score™ is 45/100 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307), the current Days Payable is 220.38 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) Overvalued in 2026?
Based on GuruFocus' analysis, Gansu Jiu Steel Group Hongxing Iron And Steel Co stock appears to be overvalued.
The current stock price of ¥1.44 is trading 17.1% above its estimated GF Value™ of ¥1.23.
GuruFocus considers Gansu Jiu Steel Group Hongxing Iron And Steel Co to be Modestly Overvalued.
Key valuation signals for SHSE:600307:
Days Payable: 220.38 (133% above median its 10-year median of 94.52)
GF Value™: ¥1.23 vs. price of ¥1.44 (17.1% above fair value)
Industry Position: 432.5% above the Steel median (#32 of 598)
No single metric tells the full story. See the SHSE:600307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gansu Jiu Steel Group Hongxing Iron And Steel Co Business Description
Gansu Jiu Steel Group Hongxing Iron And Steel Co Ltd is a China-based company engaged in the business of production and sale of carbon steel and stainless steel production systems. The company's carbon steel products cover four major series of wires, rods, plates, and belts whereas the stainless steel products include ferrite, austenite, martensite, and duplex stainless steel. It sells the products in China and also exports it to other international countries.
45GF Score
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