Anyang Iron & SteelSHSE:600569 +2.44%49 Days Payable is 256.21 as of Mar. 2026, which is 25% above its 10-year median of 205.43. GuruFocus rates SHSE:600569 with a GF Score™ of 49/100 and a GF Value™ of ¥1.63 (Fairly Valued). The stock has 3 warning signs investors should review. Among 598 Steel companies, Anyang Iron & Steel ranks better than 96.32% on this metric.
The historical rank and industry rank for Anyang Iron & Steel's Days Payable or its related term are showing as below:
SHSE:600569'
s Days Payable Range Over the Past 10 Years
Min: 140.21 Med: 205.43 Max: 261.3
Current: 261.3
During the past 13 years, Anyang Iron & Steel's highest Days Payable was 261.30. The lowest was 140.21. And the median was 205.43.
SHSE:600569's Days Payable is ranked better than 96.32% of 598
companies
in the Steel industry
Industry Median: 41.385
vs SHSE:600569: 261.30
Anyang Iron & Steel's Days Payable
declined
from Mar. 2025 (264.72) to Mar. 2026 (256.21).
It may suggest that Anyang Iron & Steelaccelerated paying its suppliers.
Anyang Iron & Steel Days Payable Related Terms
Anyang Iron & Steel Days Payable Historical Data
* Premium members only.
The historical data trend for Anyang Iron & Steel'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:600569 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Anyang Iron & Steel'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.
Anyang Iron & Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Anyang Iron & Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where Anyang Iron & Steel'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.
Anyang Iron & Steel'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.
Anyang Iron & Steel (SHSE:600569) has a Days Payable of 256.21 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 Anyang Iron & Steel and its competitors. This is 25% above median its historical median of 205.43. Over the past decade, Anyang Iron & Steel's Days Payable has ranged from 140.21 to 261.30. According to the industry distribution chart, Anyang Iron & Steel ranks #22 out of 598 companies in the Steel industry, placing it in the top 3.7%.
Is Anyang Iron & Steel's Days Payable too high?
Anyang Iron & Steel's current Days Payable of 256.21 is 25% above median its 10-year median of 205.43. Over the past 10 years, this metric has ranged from a low of 140.21 to a high of 261.30. The Steel industry median Days Payable is 41.39. Anyang Iron & Steel's value of 256.21 is 519.1% above this industry median. Based on the distribution chart, Anyang Iron & Steel ranks #22 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Anyang Iron & Steel has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anyang Iron & Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Anyang Iron & Steel ranks #22 out of 598 companies for Days Payable. This places Anyang Iron & Steel in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Anyang Iron & Steel's value of 256.21 is 519.1% above this benchmark. Historically, Anyang Iron & Steel's own Days Payable has ranged from 140.21 to 261.30 over the past decade. While the company's 10-year median is 205.43 vs. the industry median of 41.39, Anyang Iron & Steel 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 41.39, 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. Anyang Iron & Steel's current Days Payable of 256.21 is 519.1% 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 Anyang Iron & Steel and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anyang Iron & Steel's current Days Payable is 256.21, which is 25% above median its own 10-year median of 205.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anyang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Anyang Iron & Steel (SHSE:600569) is currently considered Fairly Valued. The stock's GF Value™ is ¥1.63, compared to a current price of ¥1.68 — trading 3.1% above its estimated fair value. The current Days Payable is 256.21, which is 25% above median its 10-year median of 205.43 and 519.1% above the Steel industry median of 41.39. Anyang Iron & Steel's overall GF Score™ is 49/100 with 3 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 Anyang Iron & Steel (SHSE:600569), the current Days Payable is 256.21 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 Anyang Iron & Steel (SHSE:600569) Overvalued in 2026?
Based on GuruFocus' analysis, Anyang Iron & Steel stock appears to be overvalued.
The current stock price of ¥1.68 is trading 3.1% above its estimated GF Value™ of ¥1.63.
GuruFocus considers Anyang Iron & Steel to be Fairly Valued.
Key valuation signals for SHSE:600569:
Days Payable: 256.21 (25% above median its 10-year median of 205.43)
GF Value™: ¥1.63 vs. price of ¥1.68 (3.1% above fair value)
Industry Position: 519.1% above the Steel median (#22 of 598)
No single metric tells the full story. See the SHSE:600569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anyang Iron & Steel Inc is engaged in steel integrating coking, sintering, smelting, rolling materials and scientific research and development. It produces medium and heavy plates, furnace coils, hot rolled coils, high-speed wires, small and medium-sized materials.
49GF Score
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