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What is Guangdong Meiyan Jixiang Hydropower Co Days Payable?
Guangdong Meiyan Jixiang Hydropower CoSHSE:600868 -0.73%63 Days Payable is 225.65 as of Mar. 2026, which is 206% above its 10-year median of 73.70. GuruFocus rates SHSE:600868 with a GF Score™ of 63/100 and a GF Value™ of ¥2.83 (Fairly Valued). The stock has 4 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Guangdong Meiyan Jixiang Hydropower Co ranks better than 70.89% on this metric.
SHSE:600868's Days Payable is ranked better than 70.89% of 395
companies
in the Utilities - Independent Power Producers industry
Industry Median: 80.03
vs SHSE:600868: 172.09
* 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.
Guangdong Meiyan Jixiang Hydropower Co Days Payable Chart
Guangdong Meiyan Jixiang Hydropower Co Annual Data
Guangdong Meiyan Jixiang Hydropower Co Days Payable Competitor Comparison
For the Utilities - Renewable subindustry, Guangdong Meiyan Jixiang Hydropower 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.
Guangdong Meiyan Jixiang Hydropower Co Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Guangdong Meiyan Jixiang Hydropower Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Guangdong Meiyan Jixiang Hydropower Co's Days Payable falls into.
Guangdong Meiyan Jixiang Hydropower 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.
Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) has a Days Payable of 225.65 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 Guangdong Meiyan Jixiang Hydropower Co and its competitors. This is 206% above median its historical median of 73.70. Over the past decade, Guangdong Meiyan Jixiang Hydropower Co's Days Payable has ranged from 16.73 to 280.29. According to the industry distribution chart, Guangdong Meiyan Jixiang Hydropower Co ranks #115 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 29.1%.
Is Guangdong Meiyan Jixiang Hydropower Co's Days Payable too high?
Guangdong Meiyan Jixiang Hydropower Co's current Days Payable of 225.65 is 206% above median its 10-year median of 73.70. Over the past 10 years, this metric has ranged from a low of 16.73 to a high of 280.29. The Utilities - Independent Power Producers industry median Days Payable is 80.03. Guangdong Meiyan Jixiang Hydropower Co's value of 225.65 is 182% above this industry median. Based on the distribution chart, Guangdong Meiyan Jixiang Hydropower Co ranks #115 out of 395 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Guangdong Meiyan Jixiang Hydropower Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Meiyan Jixiang Hydropower Co's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Guangdong Meiyan Jixiang Hydropower Co ranks #115 out of 395 companies for Days Payable. This puts Guangdong Meiyan Jixiang Hydropower Co in the upper half of its industry. The industry median Days Payable is 80.03. Guangdong Meiyan Jixiang Hydropower Co's value of 225.65 is 182% above this benchmark. Historically, Guangdong Meiyan Jixiang Hydropower Co's own Days Payable has ranged from 16.73 to 280.29 over the past decade. While the company's 10-year median is 73.70 vs. the industry median of 80.03, Guangdong Meiyan Jixiang Hydropower 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 80.03, based on 395 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. Guangdong Meiyan Jixiang Hydropower Co's current Days Payable of 225.65 is 182% 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 Guangdong Meiyan Jixiang Hydropower Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 80.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Meiyan Jixiang Hydropower Co's current Days Payable is 225.65, which is 206% above median its own 10-year median of 73.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Meiyan Jixiang Hydropower Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.83, compared to a current price of ¥2.71 — trading 4.2% below its estimated fair value. The current Days Payable is 225.65, which is 206% above median its 10-year median of 73.70 and 182% above the Utilities - Independent Power Producers industry median of 80.03. Guangdong Meiyan Jixiang Hydropower Co's overall GF Score™ is 63/100 with 4 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 Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868), the current Days Payable is 225.65 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 Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Meiyan Jixiang Hydropower Co stock appears to be undervalued.
The current stock price of ¥2.71 is trading 4.2% below its estimated GF Value™ of ¥2.83.
GuruFocus considers Guangdong Meiyan Jixiang Hydropower Co to be Fairly Valued.
Key valuation signals for SHSE:600868:
Days Payable: 225.65 (206% above median its 10-year median of 73.70)
GF Value™: ¥2.83 vs. price of ¥2.71 (4.2% below fair value)
Industry Position: 182% above the Utilities - Independent Power Producers median (#115 of 395)
No single metric tells the full story. See the SHSE:600868 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Meiyan Jixiang Hydropower Co Ltd is mainly engaged in power generation and hydropower generation in China. The company's main business is hydropower generation. Its business divisions include hydroelectric generation, copper foil production, cement industry, silver mining, education services business and sales. The company mainly operates its business in Guangdong Province.
63GF Score
Get the complete analysis for SHSE:600868
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