Changshu Fengfan Power Equipment Co (SHSE:601700) Days Payable: 120.68 (As of Mar. 2026) — 29% Above Median


SHSE:601700 Changshu Fengfan Power Equipment Co Ltd SHSE:601700
59 GF Score
Price ¥4.47
GF Value ¥5.45
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Changshu Fengfan Power Equipment Co Days Payable?

Changshu Fengfan Power Equipment Co SHSE:601700 +0.90% 59 Days Payable is 120.68 as of Mar. 2026, which is 29% above its 10-year median of 93.46. GuruFocus rates SHSE:601700 with a GF Score™ of 59/100 and a GF Value™ of ¥5.45 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,986 Industrial Products companies, Changshu Fengfan Power Equipment Co ranks better than 72% on this metric.

Changshu Fengfan Power Equipment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥971 Mil. Changshu Fengfan Power Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥734 Mil. Hence, Changshu Fengfan Power Equipment Co's Days Payable for the three months ended in Mar. 2026 was 120.68.

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

SHSE:601700' s Days Payable Range Over the Past 10 Years
Min: 67.54   Med: 93.46   Max: 151.09
Current: 133.61

During the past 13 years, Changshu Fengfan Power Equipment Co's highest Days Payable was 151.09. The lowest was 67.54. And the median was 93.46.

SHSE:601700's Days Payable is ranked better than
72% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs SHSE:601700: 133.61

Changshu Fengfan Power Equipment Co's Days Payable declined from Mar. 2025 (228.49) to Mar. 2026 (120.68). It may suggest that Changshu Fengfan Power Equipment Co accelerated paying its suppliers.


Changshu Fengfan Power Equipment Co Days Payable Related Terms


Changshu Fengfan Power Equipment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment Co Days Payable Chart

Changshu Fengfan Power Equipment 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 67.54 87.92 101.15 151.09 149.34

Changshu Fengfan Power Equipment 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 228.49 167.89 147.48 95.23 120.68

SHSE:601700 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Changshu Fengfan Power Equipment 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.


Changshu Fengfan Power Equipment Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changshu Fengfan Power Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changshu Fengfan Power Equipment Co's Days Payable falls into.


SHSE:601700
59GF Score
Changshu Fengfan Power Equipment Co Ltd SHSE:601700
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment 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
=( (1318.317 + 875.495) / 2 ) / 2681.023*365
=1096.906 / 2681.023*365
=149.34

Changshu Fengfan Power Equipment 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
=( (875.495 + 1066.046) / 2 ) / 734.041*365 / 4
=970.7705 / 734.041*365 / 4
=120.68

* 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 120.68 mean?
Changshu Fengfan Power Equipment Co (SHSE:601700) has a Days Payable of 120.68 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 Changshu Fengfan Power Equipment Co and its competitors. This is 29% above median its historical median of 93.46. Over the past decade, Changshu Fengfan Power Equipment Co's Days Payable has ranged from 67.54 to 151.09. According to the industry distribution chart, Changshu Fengfan Power Equipment Co ranks #836 out of 2986 companies in the Industrial Products industry, placing it in the top 28%.
Is Changshu Fengfan Power Equipment Co's Days Payable too high?
Changshu Fengfan Power Equipment Co's current Days Payable of 120.68 is 29% above median its 10-year median of 93.46. Over the past 10 years, this metric has ranged from a low of 67.54 to a high of 151.09. The Industrial Products industry median Days Payable is 77.81. Changshu Fengfan Power Equipment Co's value of 120.68 is 55.1% above this industry median. Based on the distribution chart, Changshu Fengfan Power Equipment Co ranks #836 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Changshu Fengfan Power Equipment Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Fengfan Power Equipment Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Changshu Fengfan Power Equipment Co ranks #836 out of 2986 companies for Days Payable. This puts Changshu Fengfan Power Equipment Co in the upper half of its industry. The industry median Days Payable is 77.81. Changshu Fengfan Power Equipment Co's value of 120.68 is 55.1% above this benchmark. Historically, Changshu Fengfan Power Equipment Co's own Days Payable has ranged from 67.54 to 151.09 over the past decade. While the company's 10-year median is 93.46 vs. the industry median of 77.81, Changshu Fengfan Power Equipment 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Changshu Fengfan Power Equipment Co's current Days Payable of 120.68 is 55.1% 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 Changshu Fengfan Power Equipment Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changshu Fengfan Power Equipment Co's current Days Payable is 120.68, which is 29% above median its own 10-year median of 93.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Fengfan Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co (SHSE:601700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.45, compared to a current price of ¥4.47 — trading 18% below its estimated fair value. The current Days Payable is 120.68, which is 29% above median its 10-year median of 93.46 and 55.1% above the Industrial Products industry median of 77.81. Changshu Fengfan Power Equipment Co's overall GF Score™ is 59/100 with 8 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 Changshu Fengfan Power Equipment Co (SHSE:601700), the current Days Payable is 120.68 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 Changshu Fengfan Power Equipment Co (SHSE:601700) Overvalued in 2026?

Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co stock appears to be undervalued. The current stock price of ¥4.47 is trading 18% below its estimated GF Value™ of ¥5.45. GuruFocus considers Changshu Fengfan Power Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:601700:

  • Days Payable: 120.68 (29% above median its 10-year median of 93.46)
  • GF Value™: ¥5.45 vs. price of ¥4.47 (18% below fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 55.1% above the Industrial Products median (#836 of 2986)

No single metric tells the full story. See the SHSE:601700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changshu Fengfan Power Equipment Co Business Description

Address Number 8, South Renmin Road, West Industrial Park, Shanghu, Changshu, CHN, 215554
Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.
59GF Score

Get the complete analysis for SHSE:601700

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

¥4.47
Price
¥5.45
GF Value