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SHSE:600579's Days Payable is ranked better than 88.17% of 2993
companies
in the Industrial Products industry
Industry Median: 78.04
vs SHSE:600579: 217.96
* 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.
Sinochem Equipment Technology (Qingdao) Co Days Payable Chart
Sinochem Equipment Technology (Qingdao) Co Annual Data
SHSE:600579 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Sinochem Equipment Technology (Qingdao) 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.
Sinochem Equipment Technology (Qingdao) Co Days Payable vs Industrial Products Industry
Sinochem Equipment Technology (Qingdao) 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.
Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) has a Days Payable of 522.00 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 Sinochem Equipment Technology (Qingdao) Co and its competitors. This is 480% above median its historical median of 90.03. Over the past decade, Sinochem Equipment Technology (Qingdao) Co's Days Payable has ranged from 40.39 to 220.00. According to the industry distribution chart, Sinochem Equipment Technology (Qingdao) Co ranks #354 out of 2993 companies in the Industrial Products industry, placing it in the top 11.8%.
Is Sinochem Equipment Technology (Qingdao) Co's Days Payable too high?
Sinochem Equipment Technology (Qingdao) Co's current Days Payable of 522.00 is 480% above median its 10-year median of 90.03. Over the past 10 years, this metric has ranged from a low of 40.39 to a high of 220.00. The Industrial Products industry median Days Payable is 78.04. Sinochem Equipment Technology (Qingdao) Co's value of 522.00 is 568.9% above this industry median. Based on the distribution chart, Sinochem Equipment Technology (Qingdao) Co ranks #354 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sinochem Equipment Technology (Qingdao) Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinochem Equipment Technology (Qingdao) Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sinochem Equipment Technology (Qingdao) Co ranks #354 out of 2993 companies for Days Payable. This places Sinochem Equipment Technology (Qingdao) Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.04. Sinochem Equipment Technology (Qingdao) Co's value of 522.00 is 568.9% above this benchmark. Historically, Sinochem Equipment Technology (Qingdao) Co's own Days Payable has ranged from 40.39 to 220.00 over the past decade. While the company's 10-year median is 90.03 vs. the industry median of 78.04, Sinochem Equipment Technology (Qingdao) 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 78.04, based on 2,993 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. Sinochem Equipment Technology (Qingdao) Co's current Days Payable of 522.00 is 568.9% 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 Sinochem Equipment Technology (Qingdao) Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinochem Equipment Technology (Qingdao) Co's current Days Payable is 522.00, which is 480% above median its own 10-year median of 90.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinochem Equipment Technology (Qingdao) Co stock overvalued right now?
Based on GuruFocus' analysis, Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.03, compared to a current price of ¥7.69 — trading 646.6% above its estimated fair value. The current Days Payable is 522.00, which is 480% above median its 10-year median of 90.03 and 568.9% above the Industrial Products industry median of 78.04. Sinochem Equipment Technology (Qingdao) Co's overall GF Score™ is 40/100 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 Sinochem Equipment Technology (Qingdao) Co (SHSE:600579), the current Days Payable is 522.00 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 Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) Overvalued in 2026?
Based on GuruFocus' analysis, Sinochem Equipment Technology (Qingdao) Co stock appears to be overvalued.
The current stock price of ¥7.69 is trading 646.6% above its estimated GF Value™ of ¥1.03.
GuruFocus considers Sinochem Equipment Technology (Qingdao) Co to be Significantly Overvalued.
Key valuation signals for SHSE:600579:
Days Payable: 522.00 (480% above median its 10-year median of 90.03)
GF Value™: ¥1.03 vs. price of ¥7.69 (646.6% above fair value)
Industry Position: 568.9% above the Industrial Products median (#354 of 2993)
No single metric tells the full story. See the SHSE:600579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinochem Equipment Technology (Qingdao) Co Business Description
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