Henan Dayou Energy CoSHSE:600403 +0.19%36 Days Payable is 342.10 as of Mar. 2026, which is 42% above its 10-year median of 240.24. GuruFocus rates SHSE:600403 with a GF Score™ of 36/100 and a GF Value™ of ¥2.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 128 Other Energy Sources companies, Henan Dayou Energy Co ranks better than 86.72% on this metric.
The historical rank and industry rank for Henan Dayou Energy Co's Days Payable or its related term are showing as below:
SHSE:600403'
s Days Payable Range Over the Past 10 Years
Min: 153.15 Med: 240.24 Max: 313.44
Current: 312.61
During the past 13 years, Henan Dayou Energy Co's highest Days Payable was 313.44. The lowest was 153.15. And the median was 240.24.
SHSE:600403's Days Payable is ranked better than 86.72% of 128
companies
in the Other Energy Sources industry
Industry Median: 66.315
vs SHSE:600403: 312.61
Henan Dayou Energy Co Days Payable Historical Data
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The historical data trend for Henan Dayou Energy 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.
Henan Dayou Energy Co Days Payable Competitor Comparison
For the Thermal Coal subindustry, Henan Dayou Energy 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.
Henan Dayou Energy Co Days Payable vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Henan Dayou Energy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Henan Dayou Energy 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.
Henan Dayou Energy 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.
Henan Dayou Energy Co (SHSE:600403) has a Days Payable of 342.10 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 Henan Dayou Energy Co and its competitors. This is 42% above median its historical median of 240.24. Over the past decade, Henan Dayou Energy Co's Days Payable has ranged from 153.15 to 313.44. According to the industry distribution chart, Henan Dayou Energy Co ranks #17 out of 128 companies in the Other Energy Sources industry, placing it in the top 13.3%.
Is Henan Dayou Energy Co's Days Payable too high?
Henan Dayou Energy Co's current Days Payable of 342.10 is 42% above median its 10-year median of 240.24. Over the past 10 years, this metric has ranged from a low of 153.15 to a high of 313.44. The Other Energy Sources industry median Days Payable is 66.32. Henan Dayou Energy Co's value of 342.10 is 415.9% above this industry median. Based on the distribution chart, Henan Dayou Energy Co ranks #17 out of 128 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Dayou Energy Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Dayou Energy Co's Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Henan Dayou Energy Co ranks #17 out of 128 companies for Days Payable. This places Henan Dayou Energy Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.32. Henan Dayou Energy Co's value of 342.10 is 415.9% above this benchmark. Historically, Henan Dayou Energy Co's own Days Payable has ranged from 153.15 to 313.44 over the past decade. While the company's 10-year median is 240.24 vs. the industry median of 66.32, Henan Dayou Energy 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 Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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. Henan Dayou Energy Co's current Days Payable of 342.10 is 415.9% 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 Henan Dayou Energy Co and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Dayou Energy Co's current Days Payable is 342.10, which is 42% above median its own 10-year median of 240.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Dayou Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Dayou Energy Co (SHSE:600403) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.37, compared to a current price of ¥5.34 — trading 125.3% above its estimated fair value. The current Days Payable is 342.10, which is 42% above median its 10-year median of 240.24 and 415.9% above the Other Energy Sources industry median of 66.32. Henan Dayou Energy Co's overall GF Score™ is 36/100 with 6 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 Henan Dayou Energy Co (SHSE:600403), the current Days Payable is 342.10 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 Henan Dayou Energy Co (SHSE:600403) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Dayou Energy Co stock appears to be overvalued.
The current stock price of ¥5.34 is trading 125.3% above its estimated GF Value™ of ¥2.37.
GuruFocus considers Henan Dayou Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:600403:
Days Payable: 342.10 (42% above median its 10-year median of 240.24)
GF Value™: ¥2.37 vs. price of ¥5.34 (125.3% above fair value)
Industry Position: 415.9% above the Other Energy Sources median (#17 of 128)
No single metric tells the full story. See the SHSE:600403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Dayou Energy Co Ltd produces high-quality kennel coal, coking coal, meagre coal, clean coal, which are widely used in various industries, such as power generation, gasification, industrial boilers, coking, building materials in China.
36GF Score
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