Shanxi Huaxiang Group Co (SHSE:603112) Days Payable: 116.52 (As of Mar. 2026) — 10% Below Median

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SHSE:603112 Shanxi Huaxiang Group Co Ltd SHSE:603112
84 GF Score
Price ¥15.22
GF Value ¥15.48
Valuation Fairly Valued
! 4 Warning Signs
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What is Shanxi Huaxiang Group Co Days Payable?

Shanxi Huaxiang Group Co SHSE:603112 +3.61% 84 Days Payable is 116.52 as of Mar. 2026, which is 10% below its 10-year median of 129.76. GuruFocus rates SHSE:603112 with a GF Score™ of 84/100 and a GF Value™ of ¥15.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Shanxi Huaxiang Group Co ranks better than 59.14% on this metric.

Shanxi Huaxiang Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,062 Mil. Shanxi Huaxiang Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥832 Mil. Hence, Shanxi Huaxiang Group Co's Days Payable for the three months ended in Mar. 2026 was 116.52.

The historical rank and industry rank for Shanxi Huaxiang Group Co's Days Payable or its related term are showing as below:

SHSE:603112' s Days Payable Range Over the Past 10 Years
Min: 96.94   Med: 129.76   Max: 149.91
Current: 96.94

During the past 10 years, Shanxi Huaxiang Group Co's highest Days Payable was 149.91. The lowest was 96.94. And the median was 129.76.

SHSE:603112's Days Payable is ranked better than
59.14% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs SHSE:603112: 96.94

Shanxi Huaxiang Group Co's Days Payable increased from Mar. 2025 (110.57) to Mar. 2026 (116.52). It may suggest that Shanxi Huaxiang Group Co delayed paying its suppliers.


Shanxi Huaxiang Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanxi Huaxiang Group 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.

Shanxi Huaxiang Group Co Days Payable Chart

Shanxi Huaxiang Group 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 100.24 124.93 121.23 103.24 115.66

Shanxi Huaxiang Group 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 110.57 88.48 80.95 94.33 116.52

SHSE:603112 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Shanxi Huaxiang Group 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.


Shanxi Huaxiang Group Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanxi Huaxiang Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Huaxiang Group Co's Days Payable falls into.


SHSE:603112
84GF Score
Shanxi Huaxiang Group Co Ltd SHSE:603112
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanxi Huaxiang Group 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.

Shanxi Huaxiang Group 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
=( (948.056 + 1094.084) / 2 ) / 3222.278*365
=1021.07 / 3222.278*365
=115.66

Shanxi Huaxiang Group 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
=( (1094.084 + 1030.201) / 2 ) / 831.816*365 / 4
=1062.1425 / 831.816*365 / 4
=116.52

* 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 116.52 mean?
Shanxi Huaxiang Group Co (SHSE:603112) has a Days Payable of 116.52 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 Shanxi Huaxiang Group Co and its competitors. This is 10% below median its historical median of 129.76. Over the past decade, Shanxi Huaxiang Group Co's Days Payable has ranged from 96.94 to 149.91. According to the industry distribution chart, Shanxi Huaxiang Group Co ranks #1223 out of 2993 companies in the Industrial Products industry, placing it in the top 40.9%.
Is Shanxi Huaxiang Group Co's Days Payable too high?
Shanxi Huaxiang Group Co's current Days Payable of 116.52 is 10% below median its 10-year median of 129.76. Over the past 10 years, this metric has ranged from a low of 96.94 to a high of 149.91. The Industrial Products industry median Days Payable is 78.08. Shanxi Huaxiang Group Co's value of 116.52 is 49.2% above this industry median. Based on the distribution chart, Shanxi Huaxiang Group Co ranks #1223 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanxi Huaxiang Group Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Huaxiang Group Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shanxi Huaxiang Group Co ranks #1223 out of 2993 companies for Days Payable. This puts Shanxi Huaxiang Group Co in the upper half of its industry. The industry median Days Payable is 78.08. Shanxi Huaxiang Group Co's value of 116.52 is 49.2% above this benchmark. Historically, Shanxi Huaxiang Group Co's own Days Payable has ranged from 96.94 to 149.91 over the past decade. While the company's 10-year median is 129.76 vs. the industry median of 78.08, Shanxi Huaxiang Group 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 78.08, based on 2,993 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. Shanxi Huaxiang Group Co's current Days Payable of 116.52 is 49.2% 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 Shanxi Huaxiang Group Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Huaxiang Group Co's current Days Payable is 116.52, which is 10% below median its own 10-year median of 129.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Huaxiang Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Huaxiang Group Co (SHSE:603112) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.48, compared to a current price of ¥15.22 — trading 1.7% below its estimated fair value. The current Days Payable is 116.52, which is 10% below median its 10-year median of 129.76 and 49.2% above the Industrial Products industry median of 78.08. Shanxi Huaxiang Group Co's overall GF Score™ is 84/100 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 Shanxi Huaxiang Group Co (SHSE:603112), the current Days Payable is 116.52 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 Shanxi Huaxiang Group Co (SHSE:603112) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Huaxiang Group Co stock appears to be undervalued. The current stock price of ¥15.22 is trading 1.7% below its estimated GF Value™ of ¥15.48. GuruFocus considers Shanxi Huaxiang Group Co to be Fairly Valued.

Key valuation signals for SHSE:603112:

  • Days Payable: 116.52 (10% below median its 10-year median of 129.76)
  • GF Value™: ¥15.48 vs. price of ¥15.22 (1.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 49.2% above the Industrial Products median (#1223 of 2993)

No single metric tells the full story. See the SHSE:603112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Huaxiang Group Co Business Description

Address Hualin Nursery, Shanxi Province, Ganting Town, Hongdong County, Linfen, CHN, 041600
Shanxi Huaxiang Group Co Ltd is primarily involved in the research and development, production and sales of various customized metal parts. The company's products are mainly focused on the three major industries of white goods, construction machinery and automobile manufacturing.
84GF Score

Get the complete analysis for SHSE:603112

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

¥15.22
Price
¥15.48
GF Value