Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Days Payable: 99.74 (As of Mar. 2026) — 324% Above Median

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SHSE:601686 Tianjin You Fa Steel Pipe Group Stock Co Ltd SHSE:601686
65 GF Score
Price ¥5.08
GF Value ¥5.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Tianjin You Fa Steel Pipe Group Stock Co Days Payable?

Tianjin You Fa Steel Pipe Group Stock Co SHSE:601686 +0.99% 65 Days Payable is 99.74 as of Mar. 2026, which is 324% above its 10-year median of 23.50. GuruFocus rates SHSE:601686 with a GF Score™ of 65/100 and a GF Value™ of ¥5.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Tianjin You Fa Steel Pipe Group Stock Co ranks better than 81.77% on this metric.

Tianjin You Fa Steel Pipe Group Stock Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥11,296 Mil. Tianjin You Fa Steel Pipe Group Stock Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥10,334 Mil. Hence, Tianjin You Fa Steel Pipe Group Stock Co's Days Payable for the three months ended in Mar. 2026 was 99.74.

The historical rank and industry rank for Tianjin You Fa Steel Pipe Group Stock Co's Days Payable or its related term are showing as below:

SHSE:601686' s Days Payable Range Over the Past 10 Years
Min: 18.77   Med: 23.5   Max: 94.52
Current: 94.16

During the past 10 years, Tianjin You Fa Steel Pipe Group Stock Co's highest Days Payable was 94.52. The lowest was 18.77. And the median was 23.50.

SHSE:601686's Days Payable is ranked better than
81.77% of 598 companies
in the Steel industry
Industry Median: 41.385 vs SHSE:601686: 94.16

Tianjin You Fa Steel Pipe Group Stock Co's Days Payable declined from Mar. 2025 (109.24) to Mar. 2026 (99.74). It may suggest that Tianjin You Fa Steel Pipe Group Stock Co accelerated paying its suppliers.


Tianjin You Fa Steel Pipe Group Stock Co Days Payable Related Terms


Tianjin You Fa Steel Pipe Group Stock Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tianjin You Fa Steel Pipe Group Stock 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.

Tianjin You Fa Steel Pipe Group Stock Co Days Payable Chart

Tianjin You Fa Steel Pipe Group Stock 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 19.10 21.14 23.87 61.80 94.52

Tianjin You Fa Steel Pipe Group Stock 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 109.24 89.48 96.28 97.33 99.74

SHSE:601686 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Tianjin You Fa Steel Pipe Group Stock 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.


Tianjin You Fa Steel Pipe Group Stock Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Tianjin You Fa Steel Pipe Group Stock Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin You Fa Steel Pipe Group Stock Co's Days Payable falls into.


SHSE:601686
65GF Score
Tianjin You Fa Steel Pipe Group Stock Co Ltd SHSE:601686
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin You Fa Steel Pipe Group Stock 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.

Tianjin You Fa Steel Pipe Group Stock 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
=( (13319.598 + 12082.165) / 2 ) / 49044.654*365
=12700.8815 / 49044.654*365
=94.52

Tianjin You Fa Steel Pipe Group Stock 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
=( (12082.165 + 10510.504) / 2 ) / 10334.485*365 / 4
=11296.3345 / 10334.485*365 / 4
=99.74

* 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 99.74 mean?
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) has a Days Payable of 99.74 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 Tianjin You Fa Steel Pipe Group Stock Co and its competitors. This is 324% above median its historical median of 23.50. Over the past decade, Tianjin You Fa Steel Pipe Group Stock Co's Days Payable has ranged from 18.77 to 94.52. According to the industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #109 out of 598 companies in the Steel industry, placing it in the top 18.2%.
Is Tianjin You Fa Steel Pipe Group Stock Co's Days Payable too high?
Tianjin You Fa Steel Pipe Group Stock Co's current Days Payable of 99.74 is 324% above median its 10-year median of 23.50. Over the past 10 years, this metric has ranged from a low of 18.77 to a high of 94.52. The Steel industry median Days Payable is 41.39. Tianjin You Fa Steel Pipe Group Stock Co's value of 99.74 is 141% above this industry median. Based on the distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #109 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tianjin You Fa Steel Pipe Group Stock Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin You Fa Steel Pipe Group Stock Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #109 out of 598 companies for Days Payable. This places Tianjin You Fa Steel Pipe Group Stock Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Tianjin You Fa Steel Pipe Group Stock Co's value of 99.74 is 141% above this benchmark. Historically, Tianjin You Fa Steel Pipe Group Stock Co's own Days Payable has ranged from 18.77 to 94.52 over the past decade. While the company's 10-year median is 23.50 vs. the industry median of 41.39, Tianjin You Fa Steel Pipe Group Stock 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. Tianjin You Fa Steel Pipe Group Stock Co's current Days Payable of 99.74 is 141% 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 Tianjin You Fa Steel Pipe Group Stock 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. Tianjin You Fa Steel Pipe Group Stock Co's current Days Payable is 99.74, which is 324% above median its own 10-year median of 23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin You Fa Steel Pipe Group Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.46, compared to a current price of ¥5.08 — trading 7% below its estimated fair value. The current Days Payable is 99.74, which is 324% above median its 10-year median of 23.50 and 141% above the Steel industry median of 41.39. Tianjin You Fa Steel Pipe Group Stock Co's overall GF Score™ is 65/100 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686), the current Days Payable is 99.74 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co stock appears to be undervalued. The current stock price of ¥5.08 is trading 7% below its estimated GF Value™ of ¥5.46. GuruFocus considers Tianjin You Fa Steel Pipe Group Stock Co to be Fairly Valued.

Key valuation signals for SHSE:601686:

  • Days Payable: 99.74 (324% above median its 10-year median of 23.50)
  • GF Value™: ¥5.46 vs. price of ¥5.08 (7% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 141% above the Steel median (#109 of 598)

No single metric tells the full story. See the SHSE:601686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin You Fa Steel Pipe Group Stock Co Business Description

Address Ten Billion Yuan Industrial Zone, Daqiuzhuang Town, Jinghai District, Tianjin, CHN, 301606
Tianjin You Fa Steel Pipe Group Stock Co Ltd formerly Tianjin Youfa Steel Pipe Group Co Ltd is primarily involved in the development, production and sales of welded steel pipes. It offers welded pipes, hot-dip galvanized steel pipes, steel-plastic composite pipes, stainless steel composite pipes, spiral steel pipes and others.
65GF Score

Get the complete analysis for SHSE:601686

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

¥5.08
Price
¥5.46
GF Value