Avic Heavy Machinery Co (SHSE:600765) Days Payable: 499.11 (As of Mar. 2026) — 65% Above Median

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SHSE:600765 Avic Heavy Machinery Co Ltd SHSE:600765
67 GF Score
Price ¥12.86
GF Value ¥17.12
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Avic Heavy Machinery Co Days Payable?

Avic Heavy Machinery Co SHSE:600765 +0.23% 67 Days Payable is 499.11 as of Mar. 2026, which is 65% above its 10-year median of 302.55. GuruFocus rates SHSE:600765 with a GF Score™ of 67/100 and a GF Value™ of ¥17.12 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 2,993 Industrial Products companies, Avic Heavy Machinery Co ranks better than 97.69% on this metric.

Avic Heavy Machinery Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥9,174 Mil. Avic Heavy Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,677 Mil. Hence, Avic Heavy Machinery Co's Days Payable for the three months ended in Mar. 2026 was 499.11.

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

SHSE:600765' s Days Payable Range Over the Past 10 Years
Min: 254.59   Med: 302.55   Max: 456.93
Current: 456.93

During the past 13 years, Avic Heavy Machinery Co's highest Days Payable was 456.93. The lowest was 254.59. And the median was 302.55.

SHSE:600765's Days Payable is ranked better than
97.69% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs SHSE:600765: 456.93

Avic Heavy Machinery Co's Days Payable declined from Mar. 2025 (512.67) to Mar. 2026 (499.11). It may suggest that Avic Heavy Machinery Co accelerated paying its suppliers.


Avic Heavy Machinery Co Days Payable Historical Data

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The historical data trend for Avic Heavy Machinery 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.

Avic Heavy Machinery Co Days Payable Chart

Avic Heavy Machinery 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 264.67 254.59 301.55 358.46 433.31

Avic Heavy Machinery 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 512.67 327.75 583.51 507.12 499.11

SHSE:600765 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Avic Heavy Machinery 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.


Avic Heavy Machinery Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avic Heavy Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Avic Heavy Machinery Co's Days Payable falls into.


SHSE:600765
67GF Score
Avic Heavy Machinery Co Ltd SHSE:600765
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Avic Heavy Machinery 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.

Avic Heavy Machinery 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
=( (8218.249 + 9082.818) / 2 ) / 7286.799*365
=8650.5335 / 7286.799*365
=433.31

Avic Heavy Machinery 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
=( (9082.818 + 9264.3) / 2 ) / 1677.157*365 / 4
=9173.559 / 1677.157*365 / 4
=499.11

* 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 499.11 mean?
Avic Heavy Machinery Co (SHSE:600765) has a Days Payable of 499.11 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 Avic Heavy Machinery Co and its competitors. This is 65% above median its historical median of 302.55. Over the past decade, Avic Heavy Machinery Co's Days Payable has ranged from 254.59 to 456.93. According to the industry distribution chart, Avic Heavy Machinery Co ranks #69 out of 2993 companies in the Industrial Products industry, placing it in the top 2.3%.
Is Avic Heavy Machinery Co's Days Payable too high?
Avic Heavy Machinery Co's current Days Payable of 499.11 is 65% above median its 10-year median of 302.55. Over the past 10 years, this metric has ranged from a low of 254.59 to a high of 456.93. The Industrial Products industry median Days Payable is 78.04. Avic Heavy Machinery Co's value of 499.11 is 539.6% above this industry median. Based on the distribution chart, Avic Heavy Machinery Co ranks #69 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Avic Heavy Machinery Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Heavy Machinery Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avic Heavy Machinery Co ranks #69 out of 2993 companies for Days Payable. This places Avic Heavy Machinery Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.04. Avic Heavy Machinery Co's value of 499.11 is 539.6% above this benchmark. Historically, Avic Heavy Machinery Co's own Days Payable has ranged from 254.59 to 456.93 over the past decade. While the company's 10-year median is 302.55 vs. the industry median of 78.04, Avic Heavy Machinery 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. Avic Heavy Machinery Co's current Days Payable of 499.11 is 539.6% 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 Avic Heavy Machinery 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. Avic Heavy Machinery Co's current Days Payable is 499.11, which is 65% above median its own 10-year median of 302.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Heavy Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Heavy Machinery Co (SHSE:600765) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.12, compared to a current price of ¥12.86 — trading 24.9% below its estimated fair value. The current Days Payable is 499.11, which is 65% above median its 10-year median of 302.55 and 539.6% above the Industrial Products industry median of 78.04. Avic Heavy Machinery Co's overall GF Score™ is 67/100 with 10 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 Avic Heavy Machinery Co (SHSE:600765), the current Days Payable is 499.11 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 Avic Heavy Machinery Co (SHSE:600765) Overvalued in 2026?

Based on GuruFocus' analysis, Avic Heavy Machinery Co stock appears to be undervalued. The current stock price of ¥12.86 is trading 24.9% below its estimated GF Value™ of ¥17.12. GuruFocus considers Avic Heavy Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:600765:

  • Days Payable: 499.11 (65% above median its 10-year median of 302.55)
  • GF Value™: ¥17.12 vs. price of ¥12.86 (24.9% below fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 539.6% above the Industrial Products median (#69 of 2993)

No single metric tells the full story. See the SHSE:600765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avic Heavy Machinery Co Business Description

Address No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018
Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.
67GF Score

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

¥12.86
Price
¥17.12
GF Value