Guangdong Guanhao High-Tech Co (SHSE:600433) Days Payable: 66.49 (As of Mar. 2026) — 10% Below Median


SHSE:600433 Guangdong Guanhao High-Tech Co Ltd SHSE:600433
55 GF Score
Price ¥3.23
GF Value ¥3.38
Valuation Fairly Valued
! 7 Warning Signs
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What is Guangdong Guanhao High-Tech Co Days Payable?

Guangdong Guanhao High-Tech Co SHSE:600433 +1.25% 55 Days Payable is 66.49 as of Mar. 2026, which is 10% below its 10-year median of 73.53. GuruFocus rates SHSE:600433 with a GF Score™ of 55/100 and a GF Value™ of ¥3.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 275 Forest Products companies, Guangdong Guanhao High-Tech Co ranks better than 62.55% on this metric.

Guangdong Guanhao High-Tech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,175 Mil. Guangdong Guanhao High-Tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,613 Mil. Hence, Guangdong Guanhao High-Tech Co's Days Payable for the three months ended in Mar. 2026 was 66.49.

The historical rank and industry rank for Guangdong Guanhao High-Tech Co's Days Payable or its related term are showing as below:

SHSE:600433' s Days Payable Range Over the Past 10 Years
Min: 57.47   Med: 73.53   Max: 119.11
Current: 71.52

During the past 13 years, Guangdong Guanhao High-Tech Co's highest Days Payable was 119.11. The lowest was 57.47. And the median was 73.53.

SHSE:600433's Days Payable is ranked better than
62.55% of 275 companies
in the Forest Products industry
Industry Median: 56.94 vs SHSE:600433: 71.52

Guangdong Guanhao High-Tech Co's Days Payable declined from Mar. 2025 (98.07) to Mar. 2026 (66.49). It may suggest that Guangdong Guanhao High-Tech Co accelerated paying its suppliers.


Guangdong Guanhao High-Tech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Guangdong Guanhao High-Tech 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.

Guangdong Guanhao High-Tech Co Days Payable Chart

Guangdong Guanhao High-Tech 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 73.73 57.47 71.17 78.82 69.20

Guangdong Guanhao High-Tech 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 98.07 80.73 75.81 61.71 66.49

Guangdong Guanhao High-Tech Co Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Guangdong Guanhao High-Tech 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.


Guangdong Guanhao High-Tech Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Guanhao High-Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Guanhao High-Tech Co's Days Payable falls into.


SHSE:600433
55GF Score
Guangdong Guanhao High-Tech Co Ltd SHSE:600433
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Guanhao High-Tech 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.

Guangdong Guanhao High-Tech 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
=( (1386.549 + 1191.977) / 2 ) / 6800.358*365
=1289.263 / 6800.358*365
=69.20

Guangdong Guanhao High-Tech 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
=( (1191.977 + 1158.631) / 2 ) / 1612.978*365 / 4
=1175.304 / 1612.978*365 / 4
=66.49

* 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 66.49 mean?
Guangdong Guanhao High-Tech Co (SHSE:600433) has a Days Payable of 66.49 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 Guangdong Guanhao High-Tech Co and its competitors. This is 10% below median its historical median of 73.53. Over the past decade, Guangdong Guanhao High-Tech Co's Days Payable has ranged from 57.47 to 119.11. According to the industry distribution chart, Guangdong Guanhao High-Tech Co ranks #103 out of 275 companies in the Forest Products industry, placing it in the top 37.5%.
Is Guangdong Guanhao High-Tech Co's Days Payable too high?
Guangdong Guanhao High-Tech Co's current Days Payable of 66.49 is 10% below median its 10-year median of 73.53. Over the past 10 years, this metric has ranged from a low of 57.47 to a high of 119.11. The Forest Products industry median Days Payable is 56.94. Guangdong Guanhao High-Tech Co's value of 66.49 is 16.8% above this industry median. Based on the distribution chart, Guangdong Guanhao High-Tech Co ranks #103 out of 275 companies in the Forest Products industry, which is above the industry midpoint. Overall, Guangdong Guanhao High-Tech Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Guanhao High-Tech Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Guangdong Guanhao High-Tech Co ranks #103 out of 275 companies for Days Payable. This puts Guangdong Guanhao High-Tech Co in the upper half of its industry. The industry median Days Payable is 56.94. Guangdong Guanhao High-Tech Co's value of 66.49 is 16.8% above this benchmark. Historically, Guangdong Guanhao High-Tech Co's own Days Payable has ranged from 57.47 to 119.11 over the past decade. While the company's 10-year median is 73.53 vs. the industry median of 56.94, Guangdong Guanhao High-Tech 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.94, based on 275 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. Guangdong Guanhao High-Tech Co's current Days Payable of 66.49 is 16.8% 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 Guangdong Guanhao High-Tech Co and its competitors. For the Forest Products industry, the median Days Payable is 56.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Guanhao High-Tech Co's current Days Payable is 66.49, which is 10% below median its own 10-year median of 73.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Guanhao High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Guanhao High-Tech Co (SHSE:600433) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.38, compared to a current price of ¥3.23 — trading 4.4% below its estimated fair value. The current Days Payable is 66.49, which is 10% below median its 10-year median of 73.53 and 16.8% above the Forest Products industry median of 56.94. Guangdong Guanhao High-Tech Co's overall GF Score™ is 55/100 with 7 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 Guangdong Guanhao High-Tech Co (SHSE:600433), the current Days Payable is 66.49 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 Guangdong Guanhao High-Tech Co (SHSE:600433) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Guanhao High-Tech Co stock appears to be undervalued. The current stock price of ¥3.23 is trading 4.4% below its estimated GF Value™ of ¥3.38. GuruFocus considers Guangdong Guanhao High-Tech Co to be Fairly Valued.

Key valuation signals for SHSE:600433:

  • Days Payable: 66.49 (10% below median its 10-year median of 73.53)
  • GF Value™: ¥3.38 vs. price of ¥3.23 (4.4% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 16.8% above the Forest Products median (#103 of 275)

No single metric tells the full story. See the SHSE:600433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Guanhao High-Tech Co Business Description

Address Changping Road, Zhanjiang Economy and Technology Development Zone, Guangdong, Zhanjiang, CHN, 524022
Guangdong Guanhao High-Tech Co Ltd is a China-based company engages in the paper production business. Its products include common carbonless copy paper, special purpose carbonless copy paper and other carbonless copy paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others.
55GF Score

Get the complete analysis for SHSE:600433

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

¥3.23
Price
¥3.38
GF Value