Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) Days Payable: 418.40 (As of Mar. 2026) — 62% Above Median

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SHSE:603137 Jiangsu Hengshang Energy Conservation Technology Co Ltd SHSE:603137
57 GF Score
Price ¥27.16
GF Value ¥6.25
Valuation Significantly Overvalued
! 13 Warning Signs
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What is Jiangsu Hengshang Energy Conservation Technology Co Days Payable?

Jiangsu Hengshang Energy Conservation Technology Co SHSE:603137 +3.62% 57 Days Payable is 418.40 as of Mar. 2026, which is 62% above its 10-year median of 258.13. GuruFocus rates SHSE:603137 with a GF Score™ of 57/100 and a GF Value™ of ¥6.25 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 1,715 Construction companies, Jiangsu Hengshang Energy Conservation Technology Co ranks better than 92.89% on this metric.

Jiangsu Hengshang Energy Conservation Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥969 Mil. Jiangsu Hengshang Energy Conservation Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥211 Mil. Hence, Jiangsu Hengshang Energy Conservation Technology Co's Days Payable for the three months ended in Mar. 2026 was 418.40.

The historical rank and industry rank for Jiangsu Hengshang Energy Conservation Technology Co's Days Payable or its related term are showing as below:

SHSE:603137' s Days Payable Range Over the Past 10 Years
Min: 191.43   Med: 258.13   Max: 409.59
Current: 409.59

During the past 8 years, Jiangsu Hengshang Energy Conservation Technology Co's highest Days Payable was 409.59. The lowest was 191.43. And the median was 258.13.

SHSE:603137's Days Payable is ranked better than
92.89% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs SHSE:603137: 409.59

Jiangsu Hengshang Energy Conservation Technology Co's Days Payable increased from Mar. 2025 (387.74) to Mar. 2026 (418.40). It may suggest that Jiangsu Hengshang Energy Conservation Technology Co delayed paying its suppliers.


Jiangsu Hengshang Energy Conservation Technology Co Days Payable Related Terms


Jiangsu Hengshang Energy Conservation Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengshang Energy Conservation Technology 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 Hengshang Energy Conservation Technology Co Days Payable Chart

Jiangsu Hengshang Energy Conservation Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 227.03 293.63 289.23 332.01 397.43

Jiangsu Hengshang Energy Conservation Technology Co Quarterly Data
Dec20 Jun21 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 387.74 318.49 541.91 468.26 418.40

SHSE:603137 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Jiangsu Hengshang Energy Conservation Technology 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 Hengshang Energy Conservation Technology Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Jiangsu Hengshang Energy Conservation Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengshang Energy Conservation Technology Co's Days Payable falls into.


SHSE:603137
57GF Score
Jiangsu Hengshang Energy Conservation Technology Co Ltd SHSE:603137
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengshang Energy Conservation Technology 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 Hengshang Energy Conservation Technology 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
=( (1700.469 + 1084.652) / 2 ) / 1278.935*365
=1392.5605 / 1278.935*365
=397.43

Jiangsu Hengshang Energy Conservation Technology 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
=( (1084.652 + 854.321) / 2 ) / 211.44*365 / 4
=969.4865 / 211.44*365 / 4
=418.40

* 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 418.40 mean?
Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) has a Days Payable of 418.40 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 Hengshang Energy Conservation Technology Co and its competitors. This is 62% above median its historical median of 258.13. Over the past decade, Jiangsu Hengshang Energy Conservation Technology Co's Days Payable has ranged from 191.43 to 409.59. According to the industry distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #122 out of 1715 companies in the Construction industry, placing it in the top 7.1%.
Is Jiangsu Hengshang Energy Conservation Technology Co's Days Payable too high?
Jiangsu Hengshang Energy Conservation Technology Co's current Days Payable of 418.40 is 62% above median its 10-year median of 258.13. Over the past 10 years, this metric has ranged from a low of 191.43 to a high of 409.59. The Construction industry median Days Payable is 76.33. Jiangsu Hengshang Energy Conservation Technology Co's value of 418.40 is 448.1% above this industry median. Based on the distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #122 out of 1715 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Hengshang Energy Conservation Technology Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengshang Energy Conservation Technology Co's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #122 out of 1715 companies for Days Payable. This places Jiangsu Hengshang Energy Conservation Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.33. Jiangsu Hengshang Energy Conservation Technology Co's value of 418.40 is 448.1% above this benchmark. Historically, Jiangsu Hengshang Energy Conservation Technology Co's own Days Payable has ranged from 191.43 to 409.59 over the past decade. While the company's 10-year median is 258.13 vs. the industry median of 76.33, Jiangsu Hengshang Energy Conservation Technology 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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 Hengshang Energy Conservation Technology Co's current Days Payable of 418.40 is 448.1% 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 Jiangsu Hengshang Energy Conservation Technology Co and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengshang Energy Conservation Technology Co's current Days Payable is 418.40, which is 62% above median its own 10-year median of 258.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengshang Energy Conservation Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.25, compared to a current price of ¥27.16 — trading 334.6% above its estimated fair value. The current Days Payable is 418.40, which is 62% above median its 10-year median of 258.13 and 448.1% above the Construction industry median of 76.33. Jiangsu Hengshang Energy Conservation Technology Co's overall GF Score™ is 57/100 with 13 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 Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137), the current Days Payable is 418.40 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 Hengshang Energy Conservation Technology Co (SHSE:603137) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengshang Energy Conservation Technology Co stock appears to be overvalued. The current stock price of ¥27.16 is trading 334.6% above its estimated GF Value™ of ¥6.25. GuruFocus considers Jiangsu Hengshang Energy Conservation Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603137:

  • Days Payable: 418.40 (62% above median its 10-year median of 258.13)
  • GF Value™: ¥6.25 vs. price of ¥27.16 (334.6% above fair value)
  • GF Score™: 57/100 with 13 warning signs
  • Industry Position: 448.1% above the Construction median (#122 of 1715)

No single metric tells the full story. See the SHSE:603137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Hengshang Energy Conservation Technology Co Business Description

Address No. 8, Tonghu Road, Ehu Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214117
Jiangsu Hengshang Energy Conservation Technology Co Ltd is engaged in the Design, manufacture, and construction of building curtain walls, doors, skylights, steel structures, and window engineering. The company undertakes the design, installation, and construction of indoor and outdoor decoration projects and mechanical and electrical installations.
57GF Score

Get the complete analysis for SHSE:603137

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

¥27.16
Price
¥6.25
GF Value