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Heilongjiang Agriculture CoSHSE:600598 +2.09%70 Days Payable is 74.89 as of Mar. 2026, which is 183% above its 10-year median of 26.48. GuruFocus rates SHSE:600598 with a GF Score™ of 70/100 and a GF Value™ of ¥14.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,893 Consumer Packaged Goods companies, Heilongjiang Agriculture Co ranks worse than 77.28% on this metric.
The historical rank and industry rank for Heilongjiang Agriculture Co's Days Payable or its related term are showing as below:
SHSE:600598'
s Days Payable Range Over the Past 10 Years
Min: 9.08 Med: 26.48 Max: 203.34
Current: 25.63
During the past 13 years, Heilongjiang Agriculture Co's highest Days Payable was 203.34. The lowest was 9.08. And the median was 26.48.
SHSE:600598's Days Payable is ranked worse than 77.28% of 1893
companies
in the Consumer Packaged Goods industry
Industry Median: 43.96
vs SHSE:600598: 25.63
* 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:600598 vs ADM, BG, TSN: Days Payable Comparison
For the Farm Products subindustry, Heilongjiang Agriculture 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.
Heilongjiang Agriculture Co Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Heilongjiang Agriculture Co's Days Payable falls into.
Heilongjiang Agriculture 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.
Heilongjiang Agriculture Co (SHSE:600598) has a Days Payable of 74.89 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 Heilongjiang Agriculture Co and its competitors. This is 183% above median its historical median of 26.48. Over the past decade, Heilongjiang Agriculture Co's Days Payable has ranged from 9.08 to 203.34. According to the industry distribution chart, Heilongjiang Agriculture Co ranks #1463 out of 1893 companies in the Consumer Packaged Goods industry, placing it in the top 77.3%.
Is Heilongjiang Agriculture Co's Days Payable too high?
Heilongjiang Agriculture Co's current Days Payable of 74.89 is 183% above median its 10-year median of 26.48. Over the past 10 years, this metric has ranged from a low of 9.08 to a high of 203.34. The Consumer Packaged Goods industry median Days Payable is 43.96. Heilongjiang Agriculture Co's value of 74.89 is 70.4% above this industry median. Based on the distribution chart, Heilongjiang Agriculture Co ranks #1463 out of 1893 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Heilongjiang Agriculture Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Agriculture Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Heilongjiang Agriculture Co ranks #1463 out of 1893 companies for Days Payable. This places Heilongjiang Agriculture Co in the lower half of its industry. The industry median Days Payable is 43.96. Heilongjiang Agriculture Co's value of 74.89 is 70.4% above this benchmark. Historically, Heilongjiang Agriculture Co's own Days Payable has ranged from 9.08 to 203.34 over the past decade. While the company's 10-year median is 26.48 vs. the industry median of 43.96, Heilongjiang Agriculture 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,893 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. Heilongjiang Agriculture Co's current Days Payable of 74.89 is 70.4% 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 Heilongjiang Agriculture Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Agriculture Co's current Days Payable is 74.89, which is 183% above median its own 10-year median of 26.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Agriculture Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co (SHSE:600598) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.97, compared to a current price of ¥12.20 — trading 18.5% below its estimated fair value. The current Days Payable is 74.89, which is 183% above median its 10-year median of 26.48 and 70.4% above the Consumer Packaged Goods industry median of 43.96. Heilongjiang Agriculture Co's overall GF Score™ is 70/100 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 Heilongjiang Agriculture Co (SHSE:600598), the current Days Payable is 74.89 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 Heilongjiang Agriculture Co (SHSE:600598) Overvalued in 2026?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co stock appears to be undervalued.
The current stock price of ¥12.20 is trading 18.5% below its estimated GF Value™ of ¥14.97.
GuruFocus considers Heilongjiang Agriculture Co to be Modestly Undervalued.
Key valuation signals for SHSE:600598:
Days Payable: 74.89 (183% above median its 10-year median of 26.48)
GF Value™: ¥14.97 vs. price of ¥12.20 (18.5% below fair value)
Industry Position: 70.4% above the Consumer Packaged Goods median (#1463 of 1893)
No single metric tells the full story. See the SHSE:600598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heilongjiang Agriculture Co Ltd is an agricultural company. It is engaged in the contracting and operating of cultivated land; production and sale of food crops such as rice and corn; technology, information, and services related to crop production; retail of fertilizers (only branches can operate these businesses); and real estate development and sales.
70GF Score
Get the complete analysis for SHSE:600598
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