Shanxi Guoxin Energy (SHSE:600617) Days Payable: 32.08 (As of Mar. 2026) — 19% Above Median

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SHSE:600617 Shanxi Guoxin Energy Corporation Ltd SHSE:600617
61 GF Score
Price ¥2.80
GF Value ¥2.87
Valuation Fairly Valued
! 5 Warning Signs
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What is Shanxi Guoxin Energy Days Payable?

Shanxi Guoxin Energy SHSE:600617 -2.10% 61 Days Payable is 32.08 as of Mar. 2026, which is 19% above its 10-year median of 26.99. GuruFocus rates SHSE:600617 with a GF Score™ of 61/100 and a GF Value™ of ¥2.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 851 Oil & Gas companies, Shanxi Guoxin Energy ranks worse than 60.75% on this metric.

Shanxi Guoxin Energy's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,540 Mil. Shanxi Guoxin Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥4,381 Mil. Hence, Shanxi Guoxin Energy's Days Payable for the three months ended in Mar. 2026 was 32.08.

The historical rank and industry rank for Shanxi Guoxin Energy's Days Payable or its related term are showing as below:

SHSE:600617' s Days Payable Range Over the Past 10 Years
Min: 19.62   Med: 26.99   Max: 46.46
Current: 43.92

During the past 13 years, Shanxi Guoxin Energy's highest Days Payable was 46.46. The lowest was 19.62. And the median was 26.99.

SHSE:600617's Days Payable is ranked worse than
60.75% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs SHSE:600617: 43.92

Shanxi Guoxin Energy's Days Payable declined from Mar. 2025 (34.30) to Mar. 2026 (32.08). It may suggest that Shanxi Guoxin Energy accelerated paying its suppliers.


Shanxi Guoxin Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Shanxi Guoxin Energy'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.

Shanxi Guoxin Energy Days Payable Chart

Shanxi Guoxin Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.62 24.94 38.98 46.46 39.95

Shanxi Guoxin Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.30 70.59 45.73 32.80 32.08

SHSE:600617 vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Shanxi Guoxin Energy'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.


Shanxi Guoxin Energy Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shanxi Guoxin Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Guoxin Energy's Days Payable falls into.


SHSE:600617
61GF Score
Shanxi Guoxin Energy Corporation Ltd SHSE:600617
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Guoxin Energy 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.

Shanxi Guoxin Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1776.774 + 1336.812) / 2 ) / 14223.478*365
=1556.793 / 14223.478*365
=39.95

Shanxi Guoxin Energy's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1336.812 + 1743.437) / 2 ) / 4380.984*365 / 4
=1540.1245 / 4380.984*365 / 4
=32.08

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 32.08 mean?
Shanxi Guoxin Energy (SHSE:600617) has a Days Payable of 32.08 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 Shanxi Guoxin Energy and its competitors. This is 19% above median its historical median of 26.99. Over the past decade, Shanxi Guoxin Energy's Days Payable has ranged from 19.62 to 46.46. According to the industry distribution chart, Shanxi Guoxin Energy ranks #517 out of 851 companies in the Oil & Gas industry, placing it in the top 60.8%.
Is Shanxi Guoxin Energy's Days Payable too high?
Shanxi Guoxin Energy's current Days Payable of 32.08 is 19% above median its 10-year median of 26.99. Over the past 10 years, this metric has ranged from a low of 19.62 to a high of 46.46. The Oil & Gas industry median Days Payable is 57.95. Shanxi Guoxin Energy's value of 32.08 is 44.6% below this industry median. Based on the distribution chart, Shanxi Guoxin Energy ranks #517 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shanxi Guoxin Energy has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Guoxin Energy's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Shanxi Guoxin Energy ranks #517 out of 851 companies for Days Payable. This places Shanxi Guoxin Energy in the lower half of its industry. The industry median Days Payable is 57.95. Shanxi Guoxin Energy's value of 32.08 is 44.6% below this benchmark. Historically, Shanxi Guoxin Energy's own Days Payable has ranged from 19.62 to 46.46 over the past decade. While the company's 10-year median is 26.99 vs. the industry median of 57.95, Shanxi Guoxin Energy has consistently been below 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Shanxi Guoxin Energy's current Days Payable of 32.08 is 44.6% below 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 Shanxi Guoxin Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Guoxin Energy's current Days Payable is 32.08, which is 19% above median its own 10-year median of 26.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Guoxin Energy stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Guoxin Energy (SHSE:600617) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥2.80 — trading 2.4% below its estimated fair value. The current Days Payable is 32.08, which is 19% above median its 10-year median of 26.99 and 44.6% below the Oil & Gas industry median of 57.95. Shanxi Guoxin Energy's overall GF Score™ is 61/100 with 5 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 Shanxi Guoxin Energy (SHSE:600617), the current Days Payable is 32.08 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 Shanxi Guoxin Energy (SHSE:600617) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Guoxin Energy stock appears to be undervalued. The current stock price of ¥2.80 is trading 2.4% below its estimated GF Value™ of ¥2.87. GuruFocus considers Shanxi Guoxin Energy to be Fairly Valued.

Key valuation signals for SHSE:600617:

  • Days Payable: 32.08 (19% above median its 10-year median of 26.99)
  • GF Value™: ¥2.87 vs. price of ¥2.80 (2.4% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 44.6% below the Oil & Gas median (#517 of 851)

No single metric tells the full story. See the SHSE:600617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Guoxin Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 900913:China
Address No. 6 Zhongxin Street, High-tech Development Zone, Shanxi Province, Taiyuan, CHN, 030032
Shanxi Guoxin Energy Corporation Ltd is engaged in the planning, construction, operation and management of natural gas pipeline networks.
61GF Score

Get the complete analysis for SHSE:600617

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.80
Price
¥2.87
GF Value