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What is Jiangxi Hongcheng Environment Co Days Payable?
Jiangxi Hongcheng Environment CoSHSE:600461 +0.22%76 Days Payable is 257.60 as of Mar. 2026, which is 81% above its 10-year median of 142.03. GuruFocus rates SHSE:600461 with a GF Score™ of 76/100 and a GF Value™ of ¥8.20 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 482 Utilities - Regulated companies, Jiangxi Hongcheng Environment Co ranks better than 84.85% on this metric.
The historical rank and industry rank for Jiangxi Hongcheng Environment Co's Days Payable or its related term are showing as below:
SHSE:600461'
s Days Payable Range Over the Past 10 Years
Min: 108.88 Med: 142.03 Max: 233.86
Current: 233.86
During the past 13 years, Jiangxi Hongcheng Environment Co's highest Days Payable was 233.86. The lowest was 108.88. And the median was 142.03.
SHSE:600461's Days Payable is ranked better than 84.85% of 482
companies
in the Utilities - Regulated industry
Industry Median: 70.32
vs SHSE:600461: 233.86
* 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.
Jiangxi Hongcheng Environment Co Days Payable Chart
SHSE:600461 vs AWK, WTRG, AWR: Days Payable Comparison
For the Utilities - Regulated Water subindustry, Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Jiangxi Hongcheng Environment Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongcheng Environment Co's Days Payable falls into.
Jiangxi Hongcheng Environment 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.
* 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.
Jiangxi Hongcheng Environment Co (SHSE:600461) has a Days Payable of 257.60 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 Jiangxi Hongcheng Environment Co and its competitors. This is 81% above median its historical median of 142.03. Over the past decade, Jiangxi Hongcheng Environment Co's Days Payable has ranged from 108.88 to 233.86. According to the industry distribution chart, Jiangxi Hongcheng Environment Co ranks #73 out of 482 companies in the Utilities - Regulated industry, placing it in the top 15.1%.
Is Jiangxi Hongcheng Environment Co's Days Payable too high?
Jiangxi Hongcheng Environment Co's current Days Payable of 257.60 is 81% above median its 10-year median of 142.03. Over the past 10 years, this metric has ranged from a low of 108.88 to a high of 233.86. The Utilities - Regulated industry median Days Payable is 70.32. Jiangxi Hongcheng Environment Co's value of 257.60 is 266.3% above this industry median. Based on the distribution chart, Jiangxi Hongcheng Environment Co ranks #73 out of 482 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Hongcheng Environment Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongcheng Environment Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangxi Hongcheng Environment Co ranks #73 out of 482 companies for Days Payable. This places Jiangxi Hongcheng Environment Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.32. Jiangxi Hongcheng Environment Co's value of 257.60 is 266.3% above this benchmark. Historically, Jiangxi Hongcheng Environment Co's own Days Payable has ranged from 108.88 to 233.86 over the past decade. While the company's 10-year median is 142.03 vs. the industry median of 70.32, Jiangxi Hongcheng Environment 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.32, based on 482 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. Jiangxi Hongcheng Environment Co's current Days Payable of 257.60 is 266.3% 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 Jiangxi Hongcheng Environment Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hongcheng Environment Co's current Days Payable is 257.60, which is 81% above median its own 10-year median of 142.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongcheng Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co (SHSE:600461) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.20, compared to a current price of ¥9.27 — trading 13% above its estimated fair value. The current Days Payable is 257.60, which is 81% above median its 10-year median of 142.03 and 266.3% above the Utilities - Regulated industry median of 70.32. Jiangxi Hongcheng Environment Co's overall GF Score™ is 76/100 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 Jiangxi Hongcheng Environment Co (SHSE:600461), the current Days Payable is 257.60 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 Jiangxi Hongcheng Environment Co (SHSE:600461) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co stock appears to be overvalued.
The current stock price of ¥9.27 is trading 13% above its estimated GF Value™ of ¥8.20.
GuruFocus considers Jiangxi Hongcheng Environment Co to be Modestly Overvalued.
Key valuation signals for SHSE:600461:
Days Payable: 257.60 (81% above median its 10-year median of 142.03)
GF Value™: ¥8.20 vs. price of ¥9.27 (13% above fair value)
Industry Position: 266.3% above the Utilities - Regulated median (#73 of 482)
No single metric tells the full story. See the SHSE:600461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hongcheng Environment Co Business Description
Jiangxi Hongcheng Environment Co Ltd is a China-based engaged in the production and operation of water and wastewater treatment. The company is mainly engaged in tap water production and supply, sewage treatment, gas energy and other businesses.
76GF Score
Get the complete analysis for SHSE:600461
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