Shaanxi Construction Machinery Co (SHSE:600984) Days Payable: 190.76 (As of Mar. 2026) — 42% Below Median


SHSE:600984 Shaanxi Construction Machinery Co Ltd SHSE:600984
50 GF Score
Price ¥3.45
GF Value ¥3.37
Valuation Fairly Valued
! 5 Warning Signs
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What is Shaanxi Construction Machinery Co Days Payable?

Shaanxi Construction Machinery Co SHSE:600984 -9.92% 50 Days Payable is 190.76 as of Mar. 2026, which is 42% below its 10-year median of 329.89. GuruFocus rates SHSE:600984 with a GF Score™ of 50/100 and a GF Value™ of ¥3.37 (Fairly Valued). The stock has 5 warning signs investors should review. Among 945 Business Services companies, Shaanxi Construction Machinery Co ranks better than 84.34% on this metric.

Shaanxi Construction Machinery Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,156 Mil. Shaanxi Construction Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥553 Mil. Hence, Shaanxi Construction Machinery Co's Days Payable for the three months ended in Mar. 2026 was 190.76.

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

SHSE:600984' s Days Payable Range Over the Past 10 Years
Min: 153.21   Med: 329.89   Max: 511.44
Current: 153.21

During the past 13 years, Shaanxi Construction Machinery Co's highest Days Payable was 511.44. The lowest was 153.21. And the median was 329.89.

SHSE:600984's Days Payable is ranked better than
84.34% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs SHSE:600984: 153.21

Shaanxi Construction Machinery Co's Days Payable declined from Mar. 2025 (214.32) to Mar. 2026 (190.76). It may suggest that Shaanxi Construction Machinery Co accelerated paying its suppliers.


Shaanxi Construction Machinery Co Days Payable Related Terms


Shaanxi Construction Machinery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shaanxi Construction 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.

Shaanxi Construction Machinery Co Days Payable Chart

Shaanxi Construction 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 308.77 269.11 222.03 195.14 169.41

Shaanxi Construction 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 214.32 154.54 167.23 129.39 190.76

SHSE:600984 vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Shaanxi Construction 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.


Shaanxi Construction Machinery Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Shaanxi Construction Machinery Co's Days Payable distribution charts can be found below:

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


SHSE:600984
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Shaanxi Construction Machinery Co Ltd SHSE:600984
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Construction 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.

Shaanxi Construction 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
=( (1373.186 + 1260.102) / 2 ) / 2836.718*365
=1316.644 / 2836.718*365
=169.41

Shaanxi Construction 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
=( (1260.102 + 1051.488) / 2 ) / 552.886*365 / 4
=1155.795 / 552.886*365 / 4
=190.76

* 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 190.76 mean?
Shaanxi Construction Machinery Co (SHSE:600984) has a Days Payable of 190.76 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 Shaanxi Construction Machinery Co and its competitors. This is 42% below median its historical median of 329.89. Over the past decade, Shaanxi Construction Machinery Co's Days Payable has ranged from 153.21 to 511.44. According to the industry distribution chart, Shaanxi Construction Machinery Co ranks #148 out of 945 companies in the Business Services industry, placing it in the top 15.7%.
Is Shaanxi Construction Machinery Co's Days Payable too high?
Shaanxi Construction Machinery Co's current Days Payable of 190.76 is 42% below median its 10-year median of 329.89. Over the past 10 years, this metric has ranged from a low of 153.21 to a high of 511.44. The Business Services industry median Days Payable is 46.11. Shaanxi Construction Machinery Co's value of 190.76 is 313.7% above this industry median. Based on the distribution chart, Shaanxi Construction Machinery Co ranks #148 out of 945 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Construction Machinery Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Machinery Co's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Shaanxi Construction Machinery Co ranks #148 out of 945 companies for Days Payable. This places Shaanxi Construction Machinery Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.11. Shaanxi Construction Machinery Co's value of 190.76 is 313.7% above this benchmark. Historically, Shaanxi Construction Machinery Co's own Days Payable has ranged from 153.21 to 511.44 over the past decade. While the company's 10-year median is 329.89 vs. the industry median of 46.11, Shaanxi Construction 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 a Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Shaanxi Construction Machinery Co's current Days Payable of 190.76 is 313.7% 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 Shaanxi Construction Machinery Co and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Construction Machinery Co's current Days Payable is 190.76, which is 42% below median its own 10-year median of 329.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Machinery Co (SHSE:600984) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.37, compared to a current price of ¥3.45 — trading 2.4% above its estimated fair value. The current Days Payable is 190.76, which is 42% below median its 10-year median of 329.89 and 313.7% above the Business Services industry median of 46.11. Shaanxi Construction Machinery Co's overall GF Score™ is 50/100 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 Shaanxi Construction Machinery Co (SHSE:600984), the current Days Payable is 190.76 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 Shaanxi Construction Machinery Co (SHSE:600984) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Construction Machinery Co stock appears to be overvalued. The current stock price of ¥3.45 is trading 2.4% above its estimated GF Value™ of ¥3.37. GuruFocus considers Shaanxi Construction Machinery Co to be Fairly Valued.

Key valuation signals for SHSE:600984:

  • Days Payable: 190.76 (42% below median its 10-year median of 329.89)
  • GF Value™: ¥3.37 vs. price of ¥3.45 (2.4% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 313.7% above the Business Services median (#148 of 945)

No single metric tells the full story. See the SHSE:600984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaanxi Construction Machinery Co Business Description

Address No. 418 Jinhua North Road, Shanxi, Xi\'an, CHN, 710032
Shaanxi Construction Machinery Co Ltd in China is mainly engaged in the research, development, manufacturing, and sales of road construction machinery and large steel structure products. It is primarily involved in the activities of building lease, road machinery, pile machinery, steel structure, road construction and others. Geographically, it operates through the china.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.45
Price
¥3.37
GF Value