AECC Aviation Power Co (SHSE:600893) Days Payable: 666.01 (As of Mar. 2026) — 167% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600893 AECC Aviation Power Co Ltd SHSE:600893
65 GF Score
Price ¥32.33
GF Value ¥46.93
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is AECC Aviation Power Co Days Payable?

AECC Aviation Power Co SHSE:600893 -3.20% 65 Days Payable is 666.01 as of Mar. 2026, which is 167% above its 10-year median of 249.40. GuruFocus rates SHSE:600893 with a GF Score™ of 65/100 and a GF Value™ of ¥46.93 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 339 Aerospace & Defense companies, AECC Aviation Power Co ranks better than 90.27% on this metric.

AECC Aviation Power Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥46,019 Mil. AECC Aviation Power Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥6,305 Mil. Hence, AECC Aviation Power Co's Days Payable for the three months ended in Mar. 2026 was 666.01.

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

SHSE:600893' s Days Payable Range Over the Past 10 Years
Min: 207.38   Med: 249.4   Max: 370.5
Current: 368.05

During the past 13 years, AECC Aviation Power Co's highest Days Payable was 370.50. The lowest was 207.38. And the median was 249.40.

SHSE:600893's Days Payable is ranked better than
90.27% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs SHSE:600893: 368.05

AECC Aviation Power Co's Days Payable declined from Mar. 2025 (683.40) to Mar. 2026 (666.01). It may suggest that AECC Aviation Power Co accelerated paying its suppliers.


AECC Aviation Power Co Days Payable Historical Data

* Premium members only.

The historical data trend for AECC Aviation Power 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.

AECC Aviation Power Co Days Payable Chart

AECC Aviation Power 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 249.64 271.22 276.10 314.31 370.50

AECC Aviation Power 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 683.40 526.76 475.32 183.69 666.01

SHSE:600893 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, AECC Aviation Power 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.


AECC Aviation Power Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aviation Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where AECC Aviation Power Co's Days Payable falls into.


SHSE:600893
65GF Score
AECC Aviation Power Co Ltd SHSE:600893
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AECC Aviation Power 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.

AECC Aviation Power 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
=( (41582.054 + 43901.777) / 2 ) / 42107.684*365
=42741.9155 / 42107.684*365
=370.50

AECC Aviation Power 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
=( (43901.777 + 48137.036) / 2 ) / 6305.152*365 / 4
=46019.4065 / 6305.152*365 / 4
=666.01

* 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 666.01 mean?
AECC Aviation Power Co (SHSE:600893) has a Days Payable of 666.01 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 AECC Aviation Power Co and its competitors. This is 167% above median its historical median of 249.40. Over the past decade, AECC Aviation Power Co's Days Payable has ranged from 207.38 to 370.50. According to the industry distribution chart, AECC Aviation Power Co ranks #33 out of 339 companies in the Aerospace & Defense industry, placing it in the top 9.7%.
Is AECC Aviation Power Co's Days Payable too high?
AECC Aviation Power Co's current Days Payable of 666.01 is 167% above median its 10-year median of 249.40. Over the past 10 years, this metric has ranged from a low of 207.38 to a high of 370.50. The Aerospace & Defense industry median Days Payable is 64.65. AECC Aviation Power Co's value of 666.01 is 930.2% above this industry median. Based on the distribution chart, AECC Aviation Power Co ranks #33 out of 339 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, AECC Aviation Power Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AECC Aviation Power Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AECC Aviation Power Co ranks #33 out of 339 companies for Days Payable. This places AECC Aviation Power Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.65. AECC Aviation Power Co's value of 666.01 is 930.2% above this benchmark. Historically, AECC Aviation Power Co's own Days Payable has ranged from 207.38 to 370.50 over the past decade. While the company's 10-year median is 249.40 vs. the industry median of 64.65, AECC Aviation Power 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. AECC Aviation Power Co's current Days Payable of 666.01 is 930.2% 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 AECC Aviation Power Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AECC Aviation Power Co's current Days Payable is 666.01, which is 167% above median its own 10-year median of 249.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECC Aviation Power Co stock overvalued right now?
Based on GuruFocus' analysis, AECC Aviation Power Co (SHSE:600893) is currently considered Possible Value Trap. The stock's GF Value™ is ¥46.93, compared to a current price of ¥32.33 — trading 31.1% below its estimated fair value. The current Days Payable is 666.01, which is 167% above median its 10-year median of 249.40 and 930.2% above the Aerospace & Defense industry median of 64.65. AECC Aviation Power Co's overall GF Score™ is 65/100 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 AECC Aviation Power Co (SHSE:600893), the current Days Payable is 666.01 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 AECC Aviation Power Co (SHSE:600893) Overvalued in 2026?

Based on GuruFocus' analysis, AECC Aviation Power Co stock appears to be undervalued. The current stock price of ¥32.33 is trading 31.1% below its estimated GF Value™ of ¥46.93. GuruFocus considers AECC Aviation Power Co to be Possible Value Trap.

Key valuation signals for SHSE:600893:

  • Days Payable: 666.01 (167% above median its 10-year median of 249.40)
  • GF Value™: ¥46.93 vs. price of ¥32.33 (31.1% below fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 930.2% above the Aerospace & Defense median (#33 of 339)

No single metric tells the full story. See the SHSE:600893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AECC Aviation Power Co Business Description

Address Xijiawan, Weiyang District, Shaanxi Province, Xi\'an, CHN, 710021
AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing, and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy, and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.
65GF Score

Get the complete analysis for SHSE:600893

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

¥32.33
Price
¥46.93
GF Value