Xiangtan Electric Manufacturing Co (SHSE:600416) Days Payable: 420.88 (As of Mar. 2026) — 18% Above Median

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SHSE:600416 Xiangtan Electric Manufacturing Co Ltd SHSE:600416
52 GF Score
Price ¥8.42
GF Value ¥14.33
Valuation Possible Value Trap
! 4 Warning Signs
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What is Xiangtan Electric Manufacturing Co Days Payable?

Xiangtan Electric Manufacturing Co SHSE:600416 -3.99% 52 Days Payable is 420.88 as of Mar. 2026, which is 18% above its 10-year median of 356.81. GuruFocus rates SHSE:600416 with a GF Score™ of 52/100 and a GF Value™ of ¥14.33 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Xiangtan Electric Manufacturing Co ranks better than 96.69% on this metric.

Xiangtan Electric Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,792 Mil. Xiangtan Electric Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,039 Mil. Hence, Xiangtan Electric Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 420.88.

The historical rank and industry rank for Xiangtan Electric Manufacturing Co's Days Payable or its related term are showing as below:

SHSE:600416' s Days Payable Range Over the Past 10 Years
Min: 253.15   Med: 356.81   Max: 462.09
Current: 368

During the past 13 years, Xiangtan Electric Manufacturing Co's highest Days Payable was 462.09. The lowest was 253.15. And the median was 356.81.

SHSE:600416's Days Payable is ranked better than
96.69% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs SHSE:600416: 368.00

Xiangtan Electric Manufacturing Co's Days Payable increased from Mar. 2025 (322.91) to Mar. 2026 (420.88). It may suggest that Xiangtan Electric Manufacturing Co delayed paying its suppliers.


Xiangtan Electric Manufacturing Co Days Payable Related Terms


Xiangtan Electric Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xiangtan Electric Manufacturing 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.

Xiangtan Electric Manufacturing Co Days Payable Chart

Xiangtan Electric Manufacturing 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 377.56 348.47 349.36 341.37 364.25

Xiangtan Electric Manufacturing 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 322.91 316.32 380.14 368.79 420.88

SHSE:600416 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Xiangtan Electric Manufacturing 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.


Xiangtan Electric Manufacturing Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiangtan Electric Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xiangtan Electric Manufacturing Co's Days Payable falls into.


SHSE:600416
52GF Score
Xiangtan Electric Manufacturing Co Ltd SHSE:600416
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiangtan Electric Manufacturing 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.

Xiangtan Electric Manufacturing 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
=( (3703.233 + 4822.597) / 2 ) / 4271.655*365
=4262.915 / 4271.655*365
=364.25

Xiangtan Electric Manufacturing 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
=( (4822.597 + 4761.542) / 2 ) / 1038.963*365 / 4
=4792.0695 / 1038.963*365 / 4
=420.88

* 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 420.88 mean?
Xiangtan Electric Manufacturing Co (SHSE:600416) has a Days Payable of 420.88 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 Xiangtan Electric Manufacturing Co and its competitors. This is 18% above median its historical median of 356.81. Over the past decade, Xiangtan Electric Manufacturing Co's Days Payable has ranged from 253.15 to 462.09. According to the industry distribution chart, Xiangtan Electric Manufacturing Co ranks #99 out of 2991 companies in the Industrial Products industry, placing it in the top 3.3%.
Is Xiangtan Electric Manufacturing Co's Days Payable too high?
Xiangtan Electric Manufacturing Co's current Days Payable of 420.88 is 18% above median its 10-year median of 356.81. Over the past 10 years, this metric has ranged from a low of 253.15 to a high of 462.09. The Industrial Products industry median Days Payable is 77.97. Xiangtan Electric Manufacturing Co's value of 420.88 is 439.8% above this industry median. Based on the distribution chart, Xiangtan Electric Manufacturing Co ranks #99 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Xiangtan Electric Manufacturing Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xiangtan Electric Manufacturing Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Xiangtan Electric Manufacturing Co ranks #99 out of 2991 companies for Days Payable. This places Xiangtan Electric Manufacturing Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.97. Xiangtan Electric Manufacturing Co's value of 420.88 is 439.8% above this benchmark. Historically, Xiangtan Electric Manufacturing Co's own Days Payable has ranged from 253.15 to 462.09 over the past decade. While the company's 10-year median is 356.81 vs. the industry median of 77.97, Xiangtan Electric Manufacturing 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Xiangtan Electric Manufacturing Co's current Days Payable of 420.88 is 439.8% 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 Xiangtan Electric Manufacturing Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiangtan Electric Manufacturing Co's current Days Payable is 420.88, which is 18% above median its own 10-year median of 356.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiangtan Electric Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Xiangtan Electric Manufacturing Co (SHSE:600416) is currently considered Possible Value Trap. The stock's GF Value™ is ¥14.33, compared to a current price of ¥8.42 — trading 41.2% below its estimated fair value. The current Days Payable is 420.88, which is 18% above median its 10-year median of 356.81 and 439.8% above the Industrial Products industry median of 77.97. Xiangtan Electric Manufacturing Co's overall GF Score™ is 52/100 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 Xiangtan Electric Manufacturing Co (SHSE:600416), the current Days Payable is 420.88 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 Xiangtan Electric Manufacturing Co (SHSE:600416) Overvalued in 2026?

Based on GuruFocus' analysis, Xiangtan Electric Manufacturing Co stock appears to be undervalued. The current stock price of ¥8.42 is trading 41.2% below its estimated GF Value™ of ¥14.33. GuruFocus considers Xiangtan Electric Manufacturing Co to be Possible Value Trap.

Key valuation signals for SHSE:600416:

  • Days Payable: 420.88 (18% above median its 10-year median of 356.81)
  • GF Value™: ¥14.33 vs. price of ¥8.42 (41.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 439.8% above the Industrial Products median (#99 of 2991)

No single metric tells the full story. See the SHSE:600416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiangtan Electric Manufacturing Co Business Description

Address No. 302 Xiashesi Street, Xiangtan, Hunan, CHN, 411101
Xiangtan Electric Manufacturing Co Ltd is the backbone enterprise of China's electrical industry, the major technologies and equipment production. It is also involved in R&D and is the designated manufacturer of defense equipment.
52GF Score

Get the complete analysis for SHSE:600416

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

¥8.42
Price
¥14.33
GF Value