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Shanxi Antai Group CoSHSE:600408 -4.56%36 Days Payable is 61.83 as of Mar. 2026, which is 91% above its 10-year median of 32.44. GuruFocus rates SHSE:600408 with a GF Score™ of 36/100 and a GF Value™ of ¥1.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Shanxi Antai Group Co ranks better than 65.38% on this metric.
Shanxi Antai Group Co Days Payable Historical Data
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The historical data trend for Shanxi Antai Group 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.
SHSE:600408 vs HCC, AMR, METC: Days Payable Comparison
For the Coking Coal subindustry, Shanxi Antai Group 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.
Shanxi Antai Group Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Shanxi Antai Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanxi Antai Group 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.
Shanxi Antai Group 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.
Shanxi Antai Group Co (SHSE:600408) has a Days Payable of 61.83 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 Shanxi Antai Group Co and its competitors. This is 91% above median its historical median of 32.44. Over the past decade, Shanxi Antai Group Co's Days Payable has ranged from 12.95 to 63.04. According to the industry distribution chart, Shanxi Antai Group Co ranks #207 out of 598 companies in the Steel industry, placing it in the top 34.6%.
Is Shanxi Antai Group Co's Days Payable too high?
Shanxi Antai Group Co's current Days Payable of 61.83 is 91% above median its 10-year median of 32.44. Over the past 10 years, this metric has ranged from a low of 12.95 to a high of 63.04. The Steel industry median Days Payable is 41.37. Shanxi Antai Group Co's value of 61.83 is 49.5% above this industry median. Based on the distribution chart, Shanxi Antai Group Co ranks #207 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Shanxi Antai Group 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 Shanxi Antai Group Co's Days Payable compare to HCC and AMR?
According to the Steel industry distribution chart, Shanxi Antai Group Co ranks #207 out of 598 companies for Days Payable. This puts Shanxi Antai Group Co in the upper half of its industry. The industry median Days Payable is 41.37. Shanxi Antai Group Co's value of 61.83 is 49.5% above this benchmark. Historically, Shanxi Antai Group Co's own Days Payable has ranged from 12.95 to 63.04 over the past decade. While the company's 10-year median is 32.44 vs. the industry median of 41.37, Shanxi Antai Group 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. Shanxi Antai Group Co's current Days Payable of 61.83 is 49.5% 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 Shanxi Antai Group 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. Shanxi Antai Group Co's current Days Payable is 61.83, which is 91% above median its own 10-year median of 32.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Antai Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Antai Group Co (SHSE:600408) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.27, compared to a current price of ¥2.51 — trading 97.6% above its estimated fair value. The current Days Payable is 61.83, which is 91% above median its 10-year median of 32.44 and 49.5% above the Steel industry median of 41.37. Shanxi Antai Group Co's overall GF Score™ is 36/100 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 Shanxi Antai Group Co (SHSE:600408), the current Days Payable is 61.83 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 Shanxi Antai Group Co (SHSE:600408) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Antai Group Co stock appears to be overvalued.
The current stock price of ¥2.51 is trading 97.6% above its estimated GF Value™ of ¥1.27.
GuruFocus considers Shanxi Antai Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600408:
Days Payable: 61.83 (91% above median its 10-year median of 32.44)
GF Value™: ¥1.27 vs. price of ¥2.51 (97.6% above fair value)
Industry Position: 49.5% above the Steel median (#207 of 598)
No single metric tells the full story. See the SHSE:600408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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