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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.
Mudanjiang Hengfeng Paper Co Days Payable Competitor Comparison
For the Paper & Paper Products subindustry, Mudanjiang Hengfeng Paper 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.
Mudanjiang Hengfeng Paper Co Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mudanjiang Hengfeng Paper Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Mudanjiang Hengfeng Paper Co's Days Payable falls into.
Mudanjiang Hengfeng Paper 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.
Mudanjiang Hengfeng Paper Co (SHSE:600356) has a Days Payable of 39.16 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mudanjiang Hengfeng Paper Co and its competitors. This is 34% above median its historical median of 29.18. Over the past decade, Mudanjiang Hengfeng Paper Co's Days Payable has ranged from 16.34 to 39.77. According to the industry distribution chart, Mudanjiang Hengfeng Paper Co ranks #185 out of 275 companies in the Forest Products industry, placing it in the top 67.3%.
Is Mudanjiang Hengfeng Paper Co's Days Payable too high?
Mudanjiang Hengfeng Paper Co's current Days Payable of 39.16 is 34% above median its 10-year median of 29.18. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 39.77. The Forest Products industry median Days Payable is 56.81. Mudanjiang Hengfeng Paper Co's value of 39.16 is 31.1% below this industry median. Based on the distribution chart, Mudanjiang Hengfeng Paper Co ranks #185 out of 275 companies in the Forest Products industry, which is below the industry midpoint. Overall, Mudanjiang Hengfeng Paper Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mudanjiang Hengfeng Paper Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Mudanjiang Hengfeng Paper Co ranks #185 out of 275 companies for Days Payable. This places Mudanjiang Hengfeng Paper Co in the lower half of its industry. The industry median Days Payable is 56.81. Mudanjiang Hengfeng Paper Co's value of 39.16 is 31.1% below this benchmark. Historically, Mudanjiang Hengfeng Paper Co's own Days Payable has ranged from 16.34 to 39.77 over the past decade. While the company's 10-year median is 29.18 vs. the industry median of 56.81, Mudanjiang Hengfeng Paper Co has consistently been below 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.81, based on 275 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. Mudanjiang Hengfeng Paper Co's current Days Payable of 39.16 is 31.1% below 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 Mudanjiang Hengfeng Paper Co and its competitors. For the Forest Products industry, the median Days Payable is 56.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mudanjiang Hengfeng Paper Co's current Days Payable is 39.16, which is 34% above median its own 10-year median of 29.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mudanjiang Hengfeng Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co (SHSE:600356) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.43, compared to a current price of ¥8.79 — trading 4.3% above its estimated fair value. The current Days Payable is 39.16, which is 34% above median its 10-year median of 29.18 and 31.1% below the Forest Products industry median of 56.81. Mudanjiang Hengfeng Paper Co's overall GF Score™ is 71/100 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 Mudanjiang Hengfeng Paper Co (SHSE:600356), the current Days Payable is 39.16 as of Jun. 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 Mudanjiang Hengfeng Paper Co (SHSE:600356) Overvalued in 2026?
Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co stock appears to be overvalued.
The current stock price of ¥8.79 is trading 4.3% above its estimated GF Value™ of ¥8.43.
GuruFocus considers Mudanjiang Hengfeng Paper Co to be Fairly Valued.
Key valuation signals for SHSE:600356:
Days Payable: 39.16 (34% above median its 10-year median of 29.18)
GF Value™: ¥8.43 vs. price of ¥8.79 (4.3% above fair value)
Industry Position: 31.1% below the Forest Products median (#185 of 275)
No single metric tells the full story. See the SHSE:600356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
71GF Score
Get the complete analysis for SHSE:600356
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