* 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.
Jiangxi Tungsten Rare and Precious Equipment Co Days Payable Chart
Jiangxi Tungsten Rare and Precious Equipment 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.
Jiangxi Tungsten Rare and Precious Equipment Co Days Payable vs Steel Industry
Jiangxi Tungsten Rare and Precious Equipment 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.
Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397) has a Days Payable of 138.93 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 Jiangxi Tungsten Rare and Precious Equipment Co and its competitors. This is 78% above median its historical median of 77.86. Over the past decade, Jiangxi Tungsten Rare and Precious Equipment Co's Days Payable has ranged from 55.86 to 115.50. According to the industry distribution chart, Jiangxi Tungsten Rare and Precious Equipment Co ranks #153 out of 598 companies in the Steel industry, placing it in the top 25.6%.
Is Jiangxi Tungsten Rare and Precious Equipment Co's Days Payable too high?
Jiangxi Tungsten Rare and Precious Equipment Co's current Days Payable of 138.93 is 78% above median its 10-year median of 77.86. Over the past 10 years, this metric has ranged from a low of 55.86 to a high of 115.50. The Steel industry median Days Payable is 41.39. Jiangxi Tungsten Rare and Precious Equipment Co's value of 138.93 is 235.7% above this industry median. Based on the distribution chart, Jiangxi Tungsten Rare and Precious Equipment Co ranks #153 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Jiangxi Tungsten Rare and Precious Equipment Co has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Tungsten Rare and Precious Equipment Co's Days Payable compare to HCC and AMR?
According to the Steel industry distribution chart, Jiangxi Tungsten Rare and Precious Equipment Co ranks #153 out of 598 companies for Days Payable. This puts Jiangxi Tungsten Rare and Precious Equipment Co in the upper half of its industry. The industry median Days Payable is 41.39. Jiangxi Tungsten Rare and Precious Equipment Co's value of 138.93 is 235.7% above this benchmark. Historically, Jiangxi Tungsten Rare and Precious Equipment Co's own Days Payable has ranged from 55.86 to 115.50 over the past decade. While the company's 10-year median is 77.86 vs. the industry median of 41.39, Jiangxi Tungsten Rare and Precious Equipment 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. Jiangxi Tungsten Rare and Precious Equipment Co's current Days Payable of 138.93 is 235.7% 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 Jiangxi Tungsten Rare and Precious Equipment 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. Jiangxi Tungsten Rare and Precious Equipment Co's current Days Payable is 138.93, which is 78% above median its own 10-year median of 77.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Tungsten Rare and Precious Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.77, compared to a current price of ¥25.65 — trading 3231.2% above its estimated fair value. The current Days Payable is 138.93, which is 78% above median its 10-year median of 77.86 and 235.7% above the Steel industry median of 41.39. Jiangxi Tungsten Rare and Precious Equipment Co's overall GF Score™ is 31/100 with 8 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 Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397), the current Days Payable is 138.93 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 Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Tungsten Rare and Precious Equipment Co stock appears to be overvalued.
The current stock price of ¥25.65 is trading 3231.2% above its estimated GF Value™ of ¥0.77.
GuruFocus considers Jiangxi Tungsten Rare and Precious Equipment Co to be Significantly Overvalued.
Key valuation signals for SHSE:600397:
Days Payable: 138.93 (78% above median its 10-year median of 77.86)
GF Value™: ¥0.77 vs. price of ¥25.65 (3231.2% above fair value)
Industry Position: 235.7% above the Steel median (#153 of 598)
No single metric tells the full story. See the SHSE:600397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Tungsten Rare and Precious Equipment Co Business Description
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