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* 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.
Heilongjiang Transport Development Co Days Payable Chart
Heilongjiang Transport Development Co Days Payable Competitor Comparison
For the Infrastructure Operations subindustry, Heilongjiang Transport Development 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.
Heilongjiang Transport Development Co Days Payable vs Construction Industry
Heilongjiang Transport Development 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.
Heilongjiang Transport Development Co (SHSE:601188) has a Days Payable of 55.24 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 Heilongjiang Transport Development Co and its competitors. This is 49% below median its historical median of 108.29. Over the past decade, Heilongjiang Transport Development Co's Days Payable has ranged from 28.73 to 160.48. According to the industry distribution chart, Heilongjiang Transport Development Co ranks #1465 out of 1714 companies in the Construction industry, placing it in the top 85.5%.
Is Heilongjiang Transport Development Co's Days Payable too high?
Heilongjiang Transport Development Co's current Days Payable of 55.24 is 49% below median its 10-year median of 108.29. Over the past 10 years, this metric has ranged from a low of 28.73 to a high of 160.48. The Construction industry median Days Payable is 76.48. Heilongjiang Transport Development Co's value of 55.24 is 27.8% below this industry median. Based on the distribution chart, Heilongjiang Transport Development Co ranks #1465 out of 1714 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Heilongjiang Transport Development Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Transport Development Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, Heilongjiang Transport Development Co ranks #1465 out of 1714 companies for Days Payable. This places Heilongjiang Transport Development Co in the lower half of its industry. The industry median Days Payable is 76.48. Heilongjiang Transport Development Co's value of 55.24 is 27.8% below this benchmark. Historically, Heilongjiang Transport Development Co's own Days Payable has ranged from 28.73 to 160.48 over the past decade. While the company's 10-year median is 108.29 vs. the industry median of 76.48, Heilongjiang Transport Development Co has consistently been below 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 Construction company?
The median Days Payable among Construction companies is 76.48, based on 1,714 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. Heilongjiang Transport Development Co's current Days Payable of 55.24 is 27.8% below 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 Heilongjiang Transport Development Co and its competitors. For the Construction industry, the median Days Payable is 76.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Transport Development Co's current Days Payable is 55.24, which is 49% below median its own 10-year median of 108.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Transport Development Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Transport Development Co (SHSE:601188) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥4.18, compared to a current price of ¥2.86 — trading 31.6% below its estimated fair value. The current Days Payable is 55.24, which is 49% below median its 10-year median of 108.29 and 27.8% below the Construction industry median of 76.48. Heilongjiang Transport Development Co's overall GF Score™ is 65/100 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 Heilongjiang Transport Development Co (SHSE:601188), the current Days Payable is 55.24 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 Heilongjiang Transport Development Co (SHSE:601188) Overvalued in 2026?
Based on GuruFocus' analysis, Heilongjiang Transport Development Co stock appears to be undervalued.
The current stock price of ¥2.86 is trading 31.6% below its estimated GF Value™ of ¥4.18.
GuruFocus considers Heilongjiang Transport Development Co to be Significantly Undervalued.
Key valuation signals for SHSE:601188:
Days Payable: 55.24 (49% below median its 10-year median of 108.29)
GF Value™: ¥4.18 vs. price of ¥2.86 (31.6% below fair value)
Industry Position: 27.8% below the Construction median (#1465 of 1714)
No single metric tells the full story. See the SHSE:601188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heilongjiang Transport Development Co Business Description
Heilongjiang Transport Development Co Ltd is a China-based company engaged in the investment, development, construction, operation, and management of expressway. It is also a large enterprise under the provincial management which combines the real estate industry, the physical distribution, and transportation industry, the advertising industry and the import-export industry together.
65GF Score
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