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Fushun Special Steel CoSHSE:600399 -3.80%43 Days Payable is 130.82 as of Mar. 2026, which is 18% above its 10-year median of 111.03. GuruFocus rates SHSE:600399 with a GF Score™ of 43/100 and a GF Value™ of ¥6.59 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 598 Steel companies, Fushun Special Steel Co ranks better than 88.63% on this metric.
* 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.
SHSE:600399 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Fushun Special Steel 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.
Fushun Special Steel Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Fushun Special Steel Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Fushun Special Steel 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.
Fushun Special Steel 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.
Fushun Special Steel Co (SHSE:600399) has a Days Payable of 130.82 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 Fushun Special Steel Co and its competitors. This is 18% above median its historical median of 111.03. Over the past decade, Fushun Special Steel Co's Days Payable has ranged from 57.25 to 508.72. According to the industry distribution chart, Fushun Special Steel Co ranks #68 out of 598 companies in the Steel industry, placing it in the top 11.4%.
Is Fushun Special Steel Co's Days Payable too high?
Fushun Special Steel Co's current Days Payable of 130.82 is 18% above median its 10-year median of 111.03. Over the past 10 years, this metric has ranged from a low of 57.25 to a high of 508.72. The Steel industry median Days Payable is 41.37. Fushun Special Steel Co's value of 130.82 is 216.2% above this industry median. Based on the distribution chart, Fushun Special Steel Co ranks #68 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Fushun Special Steel Co has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fushun Special Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Fushun Special Steel Co ranks #68 out of 598 companies for Days Payable. This places Fushun Special Steel Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Fushun Special Steel Co's value of 130.82 is 216.2% above this benchmark. Historically, Fushun Special Steel Co's own Days Payable has ranged from 57.25 to 508.72 over the past decade. While the company's 10-year median is 111.03 vs. the industry median of 41.37, Fushun Special Steel 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 41.37, 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. Fushun Special Steel Co's current Days Payable of 130.82 is 216.2% 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 Fushun Special Steel Co and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fushun Special Steel Co's current Days Payable is 130.82, which is 18% above median its own 10-year median of 111.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fushun Special Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Fushun Special Steel Co (SHSE:600399) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.59, compared to a current price of ¥3.80 — trading 42.3% below its estimated fair value. The current Days Payable is 130.82, which is 18% above median its 10-year median of 111.03 and 216.2% above the Steel industry median of 41.37. Fushun Special Steel Co's overall GF Score™ is 43/100 with 9 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 Fushun Special Steel Co (SHSE:600399), the current Days Payable is 130.82 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 Fushun Special Steel Co (SHSE:600399) Overvalued in 2026?
Based on GuruFocus' analysis, Fushun Special Steel Co stock appears to be undervalued.
The current stock price of ¥3.80 is trading 42.3% below its estimated GF Value™ of ¥6.59.
GuruFocus considers Fushun Special Steel Co to be Possible Value Trap.
Key valuation signals for SHSE:600399:
Days Payable: 130.82 (18% above median its 10-year median of 111.03)
GF Value™: ¥6.59 vs. price of ¥3.80 (42.3% below fair value)
Industry Position: 216.2% above the Steel median (#68 of 598)
No single metric tells the full story. See the SHSE:600399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fushun Special Steel Co Ltd is a China-based company engaged in the smelting and processing of special steel products and its materials. Its products include special alloys, tool steel, high strength steel, high-temperature, and corrosion-resistant alloys, titanium, and alloy structural steel. Its products are used in the aviation, aerospace, marine, nuclear, petroleum, chemical, electronics, machinery and other fields.
43GF Score
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