Hunan Corun New Energy CoSHSE:600478 -2.73%61 Days Payable is 320.77 as of Mar. 2026, which is 130% above its 10-year median of 139.48. GuruFocus rates SHSE:600478 with a GF Score™ of 61/100 and a GF Value™ of ¥6.79 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,987 Industrial Products companies, Hunan Corun New Energy Co ranks better than 78.27% on this metric.
The historical rank and industry rank for Hunan Corun New Energy Co's Days Payable or its related term are showing as below:
SHSE:600478'
s Days Payable Range Over the Past 10 Years
Min: 68.67 Med: 139.48 Max: 202.06
Current: 158.22
During the past 13 years, Hunan Corun New Energy Co's highest Days Payable was 202.06. The lowest was 68.67. And the median was 139.48.
SHSE:600478's Days Payable is ranked better than 78.27% of 2987
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:600478: 158.22
* 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.
For the Electrical Equipment & Parts subindustry, Hunan Corun New 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.
Hunan Corun New Energy Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hunan Corun New Energy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hunan Corun New Energy Co's Days Payable falls into.
Hunan Corun New Energy 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.
Hunan Corun New 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.
Hunan Corun New Energy Co (SHSE:600478) has a Days Payable of 320.77 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 Hunan Corun New Energy Co and its competitors. This is 130% above median its historical median of 139.48. Over the past decade, Hunan Corun New Energy Co's Days Payable has ranged from 68.67 to 202.06. According to the industry distribution chart, Hunan Corun New Energy Co ranks #649 out of 2987 companies in the Industrial Products industry, placing it in the top 21.7%.
Is Hunan Corun New Energy Co's Days Payable too high?
Hunan Corun New Energy Co's current Days Payable of 320.77 is 130% above median its 10-year median of 139.48. Over the past 10 years, this metric has ranged from a low of 68.67 to a high of 202.06. The Industrial Products industry median Days Payable is 78.05. Hunan Corun New Energy Co's value of 320.77 is 311% above this industry median. Based on the distribution chart, Hunan Corun New Energy Co ranks #649 out of 2987 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hunan Corun New Energy Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hunan Corun New Energy Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hunan Corun New Energy Co ranks #649 out of 2987 companies for Days Payable. This places Hunan Corun New Energy Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Hunan Corun New Energy Co's value of 320.77 is 311% above this benchmark. Historically, Hunan Corun New Energy Co's own Days Payable has ranged from 68.67 to 202.06 over the past decade. While the company's 10-year median is 139.48 vs. the industry median of 78.05, Hunan Corun New 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Hunan Corun New Energy Co's current Days Payable of 320.77 is 311% 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 Hunan Corun New Energy Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Corun New Energy Co's current Days Payable is 320.77, which is 130% above median its own 10-year median of 139.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Corun New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Corun New Energy Co (SHSE:600478) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.79, compared to a current price of ¥4.64 — trading 31.7% below its estimated fair value. The current Days Payable is 320.77, which is 130% above median its 10-year median of 139.48 and 311% above the Industrial Products industry median of 78.05. Hunan Corun New Energy Co's overall GF Score™ is 61/100 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 Hunan Corun New Energy Co (SHSE:600478), the current Days Payable is 320.77 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 Hunan Corun New Energy Co (SHSE:600478) Overvalued in 2026?
Based on GuruFocus' analysis, Hunan Corun New Energy Co stock appears to be undervalued.
The current stock price of ¥4.64 is trading 31.7% below its estimated GF Value™ of ¥6.79.
GuruFocus considers Hunan Corun New Energy Co to be Possible Value Trap.
Key valuation signals for SHSE:600478:
Days Payable: 320.77 (130% above median its 10-year median of 139.48)
GF Value™: ¥6.79 vs. price of ¥4.64 (31.7% below fair value)
Industry Position: 311% above the Industrial Products median (#649 of 2987)
No single metric tells the full story. See the SHSE:600478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hunan Corun New Energy Co Ltd is a China-based company engaged in the manufacture and sale of energy storage materials, batteries, electric vehicle battery power pack and its extension products. Its key products include nickel products, power batteries, consumer batteries, and hybrid power assembly systems.
61GF Score
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