Guizhou Redstar Developing Co (SHSE:600367) Days Payable: 75.09 (As of Mar. 2026) — Near Median

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SHSE:600367 Guizhou Redstar Developing Co Ltd SHSE:600367
51 GF Score
Price ¥38.03
GF Value ¥10.16
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Guizhou Redstar Developing Co Days Payable?

Guizhou Redstar Developing Co SHSE:600367 -4.50% 51 Days Payable is 75.09 as of Mar. 2026, which is 8% above its 10-year median of 69.53. GuruFocus rates SHSE:600367 with a GF Score™ of 51/100 and a GF Value™ of ¥10.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,552 Chemicals companies, Guizhou Redstar Developing Co ranks better than 56.77% on this metric.

Guizhou Redstar Developing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥297 Mil. Guizhou Redstar Developing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥361 Mil. Hence, Guizhou Redstar Developing Co's Days Payable for the three months ended in Mar. 2026 was 75.09.

The historical rank and industry rank for Guizhou Redstar Developing Co's Days Payable or its related term are showing as below:

SHSE:600367' s Days Payable Range Over the Past 10 Years
Min: 60.2   Med: 69.53   Max: 110.89
Current: 67.39

During the past 13 years, Guizhou Redstar Developing Co's highest Days Payable was 110.89. The lowest was 60.20. And the median was 69.53.

SHSE:600367's Days Payable is ranked better than
56.77% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs SHSE:600367: 67.39

Guizhou Redstar Developing Co's Days Payable increased from Mar. 2025 (61.08) to Mar. 2026 (75.09). It may suggest that Guizhou Redstar Developing Co delayed paying its suppliers.


Guizhou Redstar Developing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Guizhou Redstar Developing 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.

Guizhou Redstar Developing Co Days Payable Chart

Guizhou Redstar Developing 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 64.81 62.47 64.91 60.20 63.99

Guizhou Redstar Developing 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 61.08 66.93 69.83 60.80 75.09

SHSE:600367 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Guizhou Redstar Developing 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.


Guizhou Redstar Developing Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guizhou Redstar Developing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guizhou Redstar Developing Co's Days Payable falls into.


SHSE:600367
51GF Score
Guizhou Redstar Developing Co Ltd SHSE:600367
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Guizhou Redstar Developing 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.

Guizhou Redstar Developing 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
=( (288.217 + 282.042) / 2 ) / 1626.359*365
=285.1295 / 1626.359*365
=63.99

Guizhou Redstar Developing 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
=( (282.042 + 311.784) / 2 ) / 360.825*365 / 4
=296.913 / 360.825*365 / 4
=75.09

* 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 75.09 mean?
Guizhou Redstar Developing Co (SHSE:600367) has a Days Payable of 75.09 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 Guizhou Redstar Developing Co and its competitors. This is near median its historical median of 69.53. Over the past decade, Guizhou Redstar Developing Co's Days Payable has ranged from 60.20 to 110.89. According to the industry distribution chart, Guizhou Redstar Developing Co ranks #671 out of 1552 companies in the Chemicals industry, placing it in the top 43.2%.
Is Guizhou Redstar Developing Co's Days Payable too high?
Guizhou Redstar Developing Co's current Days Payable of 75.09 is near median its 10-year median of 69.53. Over the past 10 years, this metric has ranged from a low of 60.20 to a high of 110.89. The Chemicals industry median Days Payable is 59.65. Guizhou Redstar Developing Co's value of 75.09 is 25.9% above this industry median. Based on the distribution chart, Guizhou Redstar Developing Co ranks #671 out of 1552 companies in the Chemicals industry, which is above the industry midpoint. Overall, Guizhou Redstar Developing Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Redstar Developing Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Guizhou Redstar Developing Co ranks #671 out of 1552 companies for Days Payable. This puts Guizhou Redstar Developing Co in the upper half of its industry. The industry median Days Payable is 59.65. Guizhou Redstar Developing Co's value of 75.09 is 25.9% above this benchmark. Historically, Guizhou Redstar Developing Co's own Days Payable has ranged from 60.20 to 110.89 over the past decade. While the company's 10-year median is 69.53 vs. the industry median of 59.65, Guizhou Redstar Developing 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.65, based on 1,552 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. Guizhou Redstar Developing Co's current Days Payable of 75.09 is 25.9% 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 Guizhou Redstar Developing Co and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Redstar Developing Co's current Days Payable is 75.09, which is near median its own 10-year median of 69.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Redstar Developing Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Redstar Developing Co (SHSE:600367) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.16, compared to a current price of ¥38.03 — trading 274.3% above its estimated fair value. The current Days Payable is 75.09, which is near median its 10-year median of 69.53 and 25.9% above the Chemicals industry median of 59.65. Guizhou Redstar Developing Co's overall GF Score™ is 51/100 with 3 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 Guizhou Redstar Developing Co (SHSE:600367), the current Days Payable is 75.09 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 Guizhou Redstar Developing Co (SHSE:600367) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Redstar Developing Co stock appears to be overvalued. The current stock price of ¥38.03 is trading 274.3% above its estimated GF Value™ of ¥10.16. GuruFocus considers Guizhou Redstar Developing Co to be Significantly Overvalued.

Key valuation signals for SHSE:600367:

  • Days Payable: 75.09 (near median its 10-year median of 69.53)
  • GF Value™: ¥10.16 vs. price of ¥38.03 (274.3% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 25.9% above the Chemicals median (#671 of 1552)

No single metric tells the full story. See the SHSE:600367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Redstar Developing Co Business Description

Address Dingqi Town, Zhenning County, Anshun, Guizhou, CHN, 561206
Guizhou Redstar Developing Co Ltd is engaged in the production of barium carbonate, electrolytic manganese dioxide, insoluble sulfur, thiourea, sulfur, barium sulfate, barium nitrate, barium chloride, and marigold. The products are used in the electronic information industry, chemical industry, light industry, metallurgy and ceramics industry.
51GF Score

Get the complete analysis for SHSE:600367

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

¥38.03
Price
¥10.16
GF Value