Jiangsu Rutong Petro-Machinery Co (SHSE:603036) Days Payable: 182.82 (As of Mar. 2026) — 20% Above Median

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SHSE:603036 Jiangsu Rutong Petro-Machinery Co Ltd SHSE:603036
82 GF Score
Price ¥11.79
GF Value ¥16.51
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Jiangsu Rutong Petro-Machinery Co Days Payable?

Jiangsu Rutong Petro-Machinery Co SHSE:603036 +0.26% 82 Days Payable is 182.82 as of Mar. 2026, which is 20% above its 10-year median of 152.40. GuruFocus rates SHSE:603036 with a GF Score™ of 82/100 and a GF Value™ of ¥16.51 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,995 Industrial Products companies, Jiangsu Rutong Petro-Machinery Co ranks better than 79.43% on this metric.

Jiangsu Rutong Petro-Machinery Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥104.7 Mil. Jiangsu Rutong Petro-Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥52.3 Mil. Hence, Jiangsu Rutong Petro-Machinery Co's Days Payable for the three months ended in Mar. 2026 was 182.82.

The historical rank and industry rank for Jiangsu Rutong Petro-Machinery Co's Days Payable or its related term are showing as below:

SHSE:603036' s Days Payable Range Over the Past 10 Years
Min: 86.85   Med: 152.4   Max: 193.79
Current: 165.41

During the past 13 years, Jiangsu Rutong Petro-Machinery Co's highest Days Payable was 193.79. The lowest was 86.85. And the median was 152.40.

SHSE:603036's Days Payable is ranked better than
79.43% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:603036: 165.41

Jiangsu Rutong Petro-Machinery Co's Days Payable declined from Mar. 2025 (187.43) to Mar. 2026 (182.82). It may suggest that Jiangsu Rutong Petro-Machinery Co accelerated paying its suppliers.


Jiangsu Rutong Petro-Machinery Co Days Payable Related Terms


Jiangsu Rutong Petro-Machinery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Rutong Petro-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.

Jiangsu Rutong Petro-Machinery Co Days Payable Chart

Jiangsu Rutong Petro-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 160.90 181.56 173.34 193.79 173.82

Jiangsu Rutong Petro-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 187.43 164.91 172.11 145.01 182.82

SHSE:603036 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Jiangsu Rutong Petro-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.


Jiangsu Rutong Petro-Machinery Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Rutong Petro-Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Rutong Petro-Machinery Co's Days Payable falls into.


SHSE:603036
82GF Score
Jiangsu Rutong Petro-Machinery Co Ltd SHSE:603036
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Rutong Petro-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.

Jiangsu Rutong Petro-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
=( (118.167 + 108.254) / 2 ) / 237.722*365
=113.2105 / 237.722*365
=173.82

Jiangsu Rutong Petro-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
=( (108.254 + 101.129) / 2 ) / 52.254*365 / 4
=104.6915 / 52.254*365 / 4
=182.82

* 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 182.82 mean?
Jiangsu Rutong Petro-Machinery Co (SHSE:603036) has a Days Payable of 182.82 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 Jiangsu Rutong Petro-Machinery Co and its competitors. This is 20% above median its historical median of 152.40. Over the past decade, Jiangsu Rutong Petro-Machinery Co's Days Payable has ranged from 86.85 to 193.79. According to the industry distribution chart, Jiangsu Rutong Petro-Machinery Co ranks #616 out of 2995 companies in the Industrial Products industry, placing it in the top 20.6%.
Is Jiangsu Rutong Petro-Machinery Co's Days Payable too high?
Jiangsu Rutong Petro-Machinery Co's current Days Payable of 182.82 is 20% above median its 10-year median of 152.40. Over the past 10 years, this metric has ranged from a low of 86.85 to a high of 193.79. The Industrial Products industry median Days Payable is 78.05. Jiangsu Rutong Petro-Machinery Co's value of 182.82 is 134.2% above this industry median. Based on the distribution chart, Jiangsu Rutong Petro-Machinery Co ranks #616 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Rutong Petro-Machinery Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Rutong Petro-Machinery Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Jiangsu Rutong Petro-Machinery Co ranks #616 out of 2995 companies for Days Payable. This places Jiangsu Rutong Petro-Machinery Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Jiangsu Rutong Petro-Machinery Co's value of 182.82 is 134.2% above this benchmark. Historically, Jiangsu Rutong Petro-Machinery Co's own Days Payable has ranged from 86.85 to 193.79 over the past decade. While the company's 10-year median is 152.40 vs. the industry median of 78.05, Jiangsu Rutong Petro-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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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. Jiangsu Rutong Petro-Machinery Co's current Days Payable of 182.82 is 134.2% 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 Jiangsu Rutong Petro-Machinery Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Rutong Petro-Machinery Co's current Days Payable is 182.82, which is 20% above median its own 10-year median of 152.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Rutong Petro-Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Rutong Petro-Machinery Co (SHSE:603036) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.51, compared to a current price of ¥11.79 — trading 28.6% below its estimated fair value. The current Days Payable is 182.82, which is 20% above median its 10-year median of 152.40 and 134.2% above the Industrial Products industry median of 78.05. Jiangsu Rutong Petro-Machinery Co's overall GF Score™ is 82/100 with 1 warning sign 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 Jiangsu Rutong Petro-Machinery Co (SHSE:603036), the current Days Payable is 182.82 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 Jiangsu Rutong Petro-Machinery Co (SHSE:603036) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Rutong Petro-Machinery Co stock appears to be undervalued. The current stock price of ¥11.79 is trading 28.6% below its estimated GF Value™ of ¥16.51. GuruFocus considers Jiangsu Rutong Petro-Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603036:

  • Days Payable: 182.82 (20% above median its 10-year median of 152.40)
  • GF Value™: ¥16.51 vs. price of ¥11.79 (28.6% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 134.2% above the Industrial Products median (#616 of 2995)

No single metric tells the full story. See the SHSE:603036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Rutong Petro-Machinery Co Business Description

Address No. 33 Huaihe Road, Rudong Economic Development Zone, New District, Jiangsu Province, Nantong, CHN, 226400
Jiangsu Rutong Petro-Machinery Co Ltd operates in the petroleum and petrochemical equipment manufacturing industry. The company is engaged in research and development, production and sales of oil drilling and production wellhead equipment. The main products are lifting equipment, holding equipment and spinning equipment. The products are sold in various oil fields in China and exported to North America, Southeast Asia, Middle East, Central Asia and North Africa.
82GF Score

Get the complete analysis for SHSE:603036

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

¥11.79
Price
¥16.51
GF Value