Huadian Liaoning Energy Development Co (SHSE:600396) Days Payable: 70.93 (As of Mar. 2026) — 13% Below Median

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SHSE:600396 Huadian Liaoning Energy Development Co Ltd SHSE:600396
26 GF Score
Price ¥13.56
GF Value ¥2.41
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Huadian Liaoning Energy Development Co Days Payable?

Huadian Liaoning Energy Development Co SHSE:600396 +5.77% 26 Days Payable is 70.93 as of Mar. 2026, which is 13% below its 10-year median of 81.25. GuruFocus rates SHSE:600396 with a GF Score™ of 26/100 and a GF Value™ of ¥2.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 483 Utilities - Regulated companies, Huadian Liaoning Energy Development Co ranks worse than 53.42% on this metric.

Huadian Liaoning Energy Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥773 Mil. Huadian Liaoning Energy Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥994 Mil. Hence, Huadian Liaoning Energy Development Co's Days Payable for the three months ended in Mar. 2026 was 70.93.

The historical rank and industry rank for Huadian Liaoning Energy Development Co's Days Payable or its related term are showing as below:

SHSE:600396' s Days Payable Range Over the Past 10 Years
Min: 55.67   Med: 81.25   Max: 92.23
Current: 64.1

During the past 13 years, Huadian Liaoning Energy Development Co's highest Days Payable was 92.23. The lowest was 55.67. And the median was 81.25.

SHSE:600396's Days Payable is ranked worse than
53.42% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.29 vs SHSE:600396: 64.10

Huadian Liaoning Energy Development Co's Days Payable increased from Mar. 2025 (52.28) to Mar. 2026 (70.93). It may suggest that Huadian Liaoning Energy Development Co delayed paying its suppliers.


Huadian Liaoning Energy Development Co Days Payable Related Terms


Huadian Liaoning Energy Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Huadian Liaoning Energy Development 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.

Huadian Liaoning Energy Development Co Days Payable Chart

Huadian Liaoning Energy Development 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 84.48 92.23 67.39 55.67 74.98

Huadian Liaoning Energy Development 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 52.28 76.91 49.09 61.79 70.93

SHSE:600396 vs SRE: Days Payable Comparison

For the Utilities - Diversified subindustry, Huadian Liaoning Energy Development 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.


Huadian Liaoning Energy Development Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Huadian Liaoning Energy Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huadian Liaoning Energy Development Co's Days Payable falls into.


SHSE:600396
26GF Score
Huadian Liaoning Energy Development Co Ltd SHSE:600396
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huadian Liaoning Energy Development 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.

Huadian Liaoning Energy Development 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
=( (568.796 + 842.937) / 2 ) / 3436.33*365
=705.8665 / 3436.33*365
=74.98

Huadian Liaoning Energy Development 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
=( (842.937 + 702.676) / 2 ) / 994.141*365 / 4
=772.8065 / 994.141*365 / 4
=70.93

* 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 70.93 mean?
Huadian Liaoning Energy Development Co (SHSE:600396) has a Days Payable of 70.93 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 Huadian Liaoning Energy Development Co and its competitors. This is 13% below median its historical median of 81.25. Over the past decade, Huadian Liaoning Energy Development Co's Days Payable has ranged from 55.67 to 92.23. According to the industry distribution chart, Huadian Liaoning Energy Development Co ranks #258 out of 483 companies in the Utilities - Regulated industry, placing it in the top 53.4%.
Is Huadian Liaoning Energy Development Co's Days Payable too high?
Huadian Liaoning Energy Development Co's current Days Payable of 70.93 is 13% below median its 10-year median of 81.25. Over the past 10 years, this metric has ranged from a low of 55.67 to a high of 92.23. The Utilities - Regulated industry median Days Payable is 70.29. Huadian Liaoning Energy Development Co's value of 70.93 is 0.9% above this industry median. Based on the distribution chart, Huadian Liaoning Energy Development Co ranks #258 out of 483 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Huadian Liaoning Energy Development Co has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Huadian Liaoning Energy Development Co's Days Payable compare to SRE?
According to the Utilities - Regulated industry distribution chart, Huadian Liaoning Energy Development Co ranks #258 out of 483 companies for Days Payable. This places Huadian Liaoning Energy Development Co in the lower half of its industry. The industry median Days Payable is 70.29. Huadian Liaoning Energy Development Co's value of 70.93 is 0.9% above this benchmark. Historically, Huadian Liaoning Energy Development Co's own Days Payable has ranged from 55.67 to 92.23 over the past decade. While the company's 10-year median is 81.25 vs. the industry median of 70.29, Huadian Liaoning Energy Development 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.29, based on 483 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. Huadian Liaoning Energy Development Co's current Days Payable of 70.93 is 0.9% 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 Huadian Liaoning Energy Development Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huadian Liaoning Energy Development Co's current Days Payable is 70.93, which is 13% below median its own 10-year median of 81.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huadian Liaoning Energy Development Co stock overvalued right now?
Based on GuruFocus' analysis, Huadian Liaoning Energy Development Co (SHSE:600396) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.41, compared to a current price of ¥13.56 — trading 462.7% above its estimated fair value. The current Days Payable is 70.93, which is 13% below median its 10-year median of 81.25 and 0.9% above the Utilities - Regulated industry median of 70.29. Huadian Liaoning Energy Development Co's overall GF Score™ is 26/100 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 Huadian Liaoning Energy Development Co (SHSE:600396), the current Days Payable is 70.93 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 Huadian Liaoning Energy Development Co (SHSE:600396) Overvalued in 2026?

Based on GuruFocus' analysis, Huadian Liaoning Energy Development Co stock appears to be overvalued. The current stock price of ¥13.56 is trading 462.7% above its estimated GF Value™ of ¥2.41. GuruFocus considers Huadian Liaoning Energy Development Co to be Significantly Overvalued.

Key valuation signals for SHSE:600396:

  • Days Payable: 70.93 (13% below median its 10-year median of 81.25)
  • GF Value™: ¥2.41 vs. price of ¥13.56 (462.7% above fair value)
  • GF Score™: 26/100 with 4 warning signs
  • Industry Position: 0.9% above the Utilities - Regulated median (#258 of 483)

No single metric tells the full story. See the SHSE:600396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huadian Liaoning Energy Development Co Business Description

Address No. 2, Yingchun Street, Sujiatun, Liaoning, Shenyang, CHN, 110006
Huadian Liaoning Energy Development Co Ltd is engaged in Thermal power generation; heating, and heat supply.
26GF Score

Get the complete analysis for SHSE:600396

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

¥13.56
Price
¥2.41
GF Value