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Shandong Hi-Speed CoSHSE:600350 -1.57%77 Days Payable is 534.71 as of Mar. 2026, which is 108% above its 10-year median of 256.56. GuruFocus rates SHSE:600350 with a GF Score™ of 77/100 and a GF Value™ of ¥8.38 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,716 Construction companies, Shandong Hi-Speed Co ranks better than 91.43% on this metric.
The historical rank and industry rank for Shandong Hi-Speed Co's Days Payable or its related term are showing as below:
SHSE:600350'
s Days Payable Range Over the Past 10 Years
Min: 137.89 Med: 256.56 Max: 400.14
Current: 373.47
During the past 13 years, Shandong Hi-Speed Co's highest Days Payable was 400.14. The lowest was 137.89. And the median was 256.56.
SHSE:600350's Days Payable is ranked better than 91.43% of 1716
companies
in the Construction industry
Industry Median: 76.48
vs SHSE:600350: 373.47
Shandong Hi-Speed Co's Days Payable
declined
from Mar. 2025 (569.12) to Mar. 2026 (534.71).
It may suggest that Shandong Hi-Speed Coaccelerated paying its suppliers.
Shandong Hi-Speed Co Days Payable Related Terms
Shandong Hi-Speed Co Days Payable Historical Data
* Premium members only.
The historical data trend for Shandong Hi-Speed 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.
Shandong Hi-Speed Co Days Payable Competitor Comparison
For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.
Shandong Hi-Speed Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shandong Hi-Speed Co's Days Payable falls into.
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.
Shandong Hi-Speed Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Shandong Hi-Speed Co (SHSE:600350) has a Days Payable of 534.71 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 Shandong Hi-Speed Co and its competitors. This is 108% above median its historical median of 256.56. Over the past decade, Shandong Hi-Speed Co's Days Payable has ranged from 137.89 to 400.14. According to the industry distribution chart, Shandong Hi-Speed Co ranks #147 out of 1716 companies in the Construction industry, placing it in the top 8.6%.
Is Shandong Hi-Speed Co's Days Payable too high?
Shandong Hi-Speed Co's current Days Payable of 534.71 is 108% above median its 10-year median of 256.56. Over the past 10 years, this metric has ranged from a low of 137.89 to a high of 400.14. The Construction industry median Days Payable is 76.48. Shandong Hi-Speed Co's value of 534.71 is 599.2% above this industry median. Based on the distribution chart, Shandong Hi-Speed Co ranks #147 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Hi-Speed Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, Shandong Hi-Speed Co ranks #147 out of 1716 companies for Days Payable. This places Shandong Hi-Speed Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.48. Shandong Hi-Speed Co's value of 534.71 is 599.2% above this benchmark. Historically, Shandong Hi-Speed Co's own Days Payable has ranged from 137.89 to 400.14 over the past decade. While the company's 10-year median is 256.56 vs. the industry median of 76.48, Shandong Hi-Speed 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 76.48, 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. Shandong Hi-Speed Co's current Days Payable of 534.71 is 599.2% 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 Shandong Hi-Speed Co and its competitors. For the Construction industry, the median Days Payable is 76.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hi-Speed Co's current Days Payable is 534.71, which is 108% above median its own 10-year median of 256.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.38, compared to a current price of ¥11.27 — trading 34.5% above its estimated fair value. The current Days Payable is 534.71, which is 108% above median its 10-year median of 256.56 and 599.2% above the Construction industry median of 76.48. Shandong Hi-Speed Co's overall GF Score™ is 77/100 with 12 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 Shandong Hi-Speed Co (SHSE:600350), the current Days Payable is 534.71 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued.
The current stock price of ¥11.27 is trading 34.5% above its estimated GF Value™ of ¥8.38.
GuruFocus considers Shandong Hi-Speed Co to be Significantly Overvalued.
Key valuation signals for SHSE:600350:
Days Payable: 534.71 (108% above median its 10-year median of 256.56)
GF Value™: ¥8.38 vs. price of ¥11.27 (34.5% above fair value)
Industry Position: 599.2% above the Construction median (#147 of 1716)
No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
77GF Score
Get the complete analysis for SHSE:600350
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