Shanxi Coking Co (SHSE:600740) Days Payable: 81.21 (As of Mar. 2026) — 59% Below Median

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SHSE:600740 Shanxi Coking Co Ltd SHSE:600740
51 GF Score
Price ¥3.61
GF Value ¥2.97
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Shanxi Coking Co Days Payable?

Shanxi Coking Co SHSE:600740 +2.56% 51 Days Payable is 81.21 as of Mar. 2026, which is 59% below its 10-year median of 197.18. GuruFocus rates SHSE:600740 with a GF Score™ of 51/100 and a GF Value™ of ¥2.97 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 599 Steel companies, Shanxi Coking Co ranks better than 79.8% on this metric.

Shanxi Coking Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,373 Mil. Shanxi Coking Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,543 Mil. Hence, Shanxi Coking Co's Days Payable for the three months ended in Mar. 2026 was 81.21.

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

SHSE:600740' s Days Payable Range Over the Past 10 Years
Min: 85.68   Med: 197.18   Max: 345.2
Current: 88.91

During the past 13 years, Shanxi Coking Co's highest Days Payable was 345.20. The lowest was 85.68. And the median was 197.18.

SHSE:600740's Days Payable is ranked better than
79.8% of 599 companies
in the Steel industry
Industry Median: 41.36 vs SHSE:600740: 88.91

Shanxi Coking Co's Days Payable declined from Mar. 2025 (143.89) to Mar. 2026 (81.21). It may suggest that Shanxi Coking Co accelerated paying its suppliers.


Shanxi Coking Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanxi Coking Co'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 Coking Co Days Payable Chart

Shanxi Coking Co 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 164.05 94.62 85.68 104.59 122.42

Shanxi Coking Co 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 143.89 101.63 73.86 72.40 81.21

SHSE:600740 vs HCC, AMR, SXC: Days Payable Comparison

For the Coking Coal subindustry, Shanxi Coking 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.


Shanxi Coking Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Shanxi Coking Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Coking Co's Days Payable falls into.


SHSE:600740
51GF Score
Shanxi Coking Co Ltd SHSE:600740
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Coking 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.

Shanxi Coking Co'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
=( (3176.57 + 1396.556) / 2 ) / 6817.372*365
=2286.563 / 6817.372*365
=122.42

Shanxi Coking Co'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
=( (1396.556 + 1349.739) / 2 ) / 1542.924*365 / 4
=1373.1475 / 1542.924*365 / 4
=81.21

* 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 81.21 mean?
Shanxi Coking Co (SHSE:600740) has a Days Payable of 81.21 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 Shanxi Coking Co and its competitors. This is 59% below median its historical median of 197.18. Over the past decade, Shanxi Coking Co's Days Payable has ranged from 85.68 to 345.20. According to the industry distribution chart, Shanxi Coking Co ranks #121 out of 599 companies in the Steel industry, placing it in the top 20.2%.
Is Shanxi Coking Co's Days Payable too high?
Shanxi Coking Co's current Days Payable of 81.21 is 59% below median its 10-year median of 197.18. Over the past 10 years, this metric has ranged from a low of 85.68 to a high of 345.20. The Steel industry median Days Payable is 41.36. Shanxi Coking Co's value of 81.21 is 96.3% above this industry median. Based on the distribution chart, Shanxi Coking Co ranks #121 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Coking Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Coking Co's Days Payable compare to HCC and AMR?
According to the Steel industry distribution chart, Shanxi Coking Co ranks #121 out of 599 companies for Days Payable. This places Shanxi Coking Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.36. Shanxi Coking Co's value of 81.21 is 96.3% above this benchmark. Historically, Shanxi Coking Co's own Days Payable has ranged from 85.68 to 345.20 over the past decade. While the company's 10-year median is 197.18 vs. the industry median of 41.36, Shanxi Coking 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 Steel company?
The median Days Payable among Steel companies is 41.36, based on 599 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 Coking Co's current Days Payable of 81.21 is 96.3% 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 Shanxi Coking Co and its competitors. For the Steel industry, the median Days Payable is 41.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Coking Co's current Days Payable is 81.21, which is 59% below median its own 10-year median of 197.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Coking Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Coking Co (SHSE:600740) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.97, compared to a current price of ¥3.61 — trading 21.5% above its estimated fair value. The current Days Payable is 81.21, which is 59% below median its 10-year median of 197.18 and 96.3% above the Steel industry median of 41.36. Shanxi Coking Co's overall GF Score™ is 51/100 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 Shanxi Coking Co (SHSE:600740), the current Days Payable is 81.21 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 Shanxi Coking Co (SHSE:600740) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Coking Co stock appears to be overvalued. The current stock price of ¥3.61 is trading 21.5% above its estimated GF Value™ of ¥2.97. GuruFocus considers Shanxi Coking Co to be Modestly Overvalued.

Key valuation signals for SHSE:600740:

  • Days Payable: 81.21 (59% below median its 10-year median of 197.18)
  • GF Value™: ¥2.97 vs. price of ¥3.61 (21.5% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 96.3% above the Steel median (#121 of 599)

No single metric tells the full story. See the SHSE:600740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Coking Co Business Description

Address Guangshengsi Town, Hongdong County, Shanxi Province, Linfen, CHN, 041606
Shanxi Coking Co Ltd is a China-based company engaged in the business of coal washing, coking production, coal tar and crude benzene processing, methanol production, electronic technology, chemical design, construction and installation, logistics trade, and property services.
51GF Score

Get the complete analysis for SHSE:600740

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

¥3.61
Price
¥2.97
GF Value