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Guizhou Wire Rope CoSHSE:600992 +7.58%47 Days Payable is 130.98 as of Mar. 2026, which is 31% above its 10-year median of 99.90. GuruFocus rates SHSE:600992 with a GF Score™ of 47/100 and a GF Value™ of ¥13.92 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Guizhou Wire Rope Co ranks better than 84.95% on this metric.
The historical rank and industry rank for Guizhou Wire Rope Co's Days Payable or its related term are showing as below:
SHSE:600992'
s Days Payable Range Over the Past 10 Years
Min: 82.52 Med: 99.9 Max: 124.41
Current: 108.52
During the past 13 years, Guizhou Wire Rope Co's highest Days Payable was 124.41. The lowest was 82.52. And the median was 99.90.
SHSE:600992's Days Payable is ranked better than 84.95% of 598
companies
in the Steel industry
Industry Median: 41.385
vs SHSE:600992: 108.52
Guizhou Wire Rope Co's Days Payable
declined
from Mar. 2025 (140.81) to Mar. 2026 (130.98).
It may suggest that Guizhou Wire Rope Coaccelerated paying its suppliers.
Guizhou Wire Rope Co Days Payable Related Terms
Guizhou Wire Rope Co Days Payable Historical Data
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The historical data trend for Guizhou Wire Rope 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.
SHSE:600992 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Guizhou Wire Rope 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.
Guizhou Wire Rope Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Guizhou Wire Rope Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Guizhou Wire Rope Co's Days Payable falls into.
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.
Guizhou Wire Rope Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Guizhou Wire Rope Co (SHSE:600992) has a Days Payable of 130.98 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 Guizhou Wire Rope Co and its competitors. This is 31% above median its historical median of 99.90. Over the past decade, Guizhou Wire Rope Co's Days Payable has ranged from 82.52 to 124.41. According to the industry distribution chart, Guizhou Wire Rope Co ranks #90 out of 598 companies in the Steel industry, placing it in the top 15.1%.
Is Guizhou Wire Rope Co's Days Payable too high?
Guizhou Wire Rope Co's current Days Payable of 130.98 is 31% above median its 10-year median of 99.90. Over the past 10 years, this metric has ranged from a low of 82.52 to a high of 124.41. The Steel industry median Days Payable is 41.39. Guizhou Wire Rope Co's value of 130.98 is 216.5% above this industry median. Based on the distribution chart, Guizhou Wire Rope Co ranks #90 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Guizhou Wire Rope Co has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Guizhou Wire Rope Co ranks #90 out of 598 companies for Days Payable. This places Guizhou Wire Rope Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Guizhou Wire Rope Co's value of 130.98 is 216.5% above this benchmark. Historically, Guizhou Wire Rope Co's own Days Payable has ranged from 82.52 to 124.41 over the past decade. While the company's 10-year median is 99.90 vs. the industry median of 41.39, Guizhou Wire Rope 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 41.39, based on 598 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. Guizhou Wire Rope Co's current Days Payable of 130.98 is 216.5% 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 Guizhou Wire Rope Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Wire Rope Co's current Days Payable is 130.98, which is 31% above median its own 10-year median of 99.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.92, compared to a current price of ¥11.35 — trading 18.5% below its estimated fair value. The current Days Payable is 130.98, which is 31% above median its 10-year median of 99.90 and 216.5% above the Steel industry median of 41.39. Guizhou Wire Rope Co's overall GF Score™ is 47/100 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 Guizhou Wire Rope Co (SHSE:600992), the current Days Payable is 130.98 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?
Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued.
The current stock price of ¥11.35 is trading 18.5% below its estimated GF Value™ of ¥13.92.
GuruFocus considers Guizhou Wire Rope Co to be Modestly Undervalued.
Key valuation signals for SHSE:600992:
Days Payable: 130.98 (31% above median its 10-year median of 99.90)
GF Value™: ¥13.92 vs. price of ¥11.35 (18.5% below fair value)
Industry Position: 216.5% above the Steel median (#90 of 598)
No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
47GF Score
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