Hoyuan Green Energy Co (SHSE:603185) Days Payable: 600.98 (As of Mar. 2026) — 273% Above Median

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SHSE:603185 Hoyuan Green Energy Co Ltd SHSE:603185
79 GF Score
Price ¥13.75
GF Value ¥18.01
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hoyuan Green Energy Co Days Payable?

Hoyuan Green Energy Co SHSE:603185 +0.51% 79 Days Payable is 600.98 as of Mar. 2026, which is 273% above its 10-year median of 161.13. GuruFocus rates SHSE:603185 with a GF Score™ of 79/100 and a GF Value™ of ¥18.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,995 Industrial Products companies, Hoyuan Green Energy Co ranks better than 98.43% on this metric.

Hoyuan Green Energy Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥10,910 Mil. Hoyuan Green Energy Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,657 Mil. Hence, Hoyuan Green Energy Co's Days Payable for the three months ended in Mar. 2026 was 600.98.

The historical rank and industry rank for Hoyuan Green Energy Co's Days Payable or its related term are showing as below:

SHSE:603185' s Days Payable Range Over the Past 10 Years
Min: 88.76   Med: 161.13   Max: 696.74
Current: 629.83

During the past 13 years, Hoyuan Green Energy Co's highest Days Payable was 696.74. The lowest was 88.76. And the median was 161.13.

SHSE:603185's Days Payable is ranked better than
98.43% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:603185: 629.83

Hoyuan Green Energy Co's Days Payable declined from Mar. 2025 (807.60) to Mar. 2026 (600.98). It may suggest that Hoyuan Green Energy Co accelerated paying its suppliers.


Hoyuan Green Energy Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hoyuan Green Energy 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.

Hoyuan Green Energy Co Days Payable Chart

Hoyuan Green Energy 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 145.44 134.28 389.79 676.61 696.74

Hoyuan Green Energy 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 807.60 726.25 618.59 547.59 600.98

SHSE:603185 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Hoyuan Green Energy 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.


Hoyuan Green Energy Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoyuan Green Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoyuan Green Energy Co's Days Payable falls into.


SHSE:603185
79GF Score
Hoyuan Green Energy Co Ltd SHSE:603185
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoyuan Green Energy 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.

Hoyuan Green Energy 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
=( (14714.461 + 10476.247) / 2 ) / 6598.287*365
=12595.354 / 6598.287*365
=696.74

Hoyuan Green Energy 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
=( (10476.247 + 11344.37) / 2 ) / 1656.572*365 / 4
=10910.3085 / 1656.572*365 / 4
=600.98

* 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 600.98 mean?
Hoyuan Green Energy Co (SHSE:603185) has a Days Payable of 600.98 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 Hoyuan Green Energy Co and its competitors. This is 273% above median its historical median of 161.13. Over the past decade, Hoyuan Green Energy Co's Days Payable has ranged from 88.76 to 696.74. According to the industry distribution chart, Hoyuan Green Energy Co ranks #47 out of 2995 companies in the Industrial Products industry, placing it in the top 1.6%.
Is Hoyuan Green Energy Co's Days Payable too high?
Hoyuan Green Energy Co's current Days Payable of 600.98 is 273% above median its 10-year median of 161.13. Over the past 10 years, this metric has ranged from a low of 88.76 to a high of 696.74. The Industrial Products industry median Days Payable is 78.05. Hoyuan Green Energy Co's value of 600.98 is 670% above this industry median. Based on the distribution chart, Hoyuan Green Energy Co ranks #47 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hoyuan Green Energy Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoyuan Green Energy Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hoyuan Green Energy Co ranks #47 out of 2995 companies for Days Payable. This places Hoyuan Green Energy Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Hoyuan Green Energy Co's value of 600.98 is 670% above this benchmark. Historically, Hoyuan Green Energy Co's own Days Payable has ranged from 88.76 to 696.74 over the past decade. While the company's 10-year median is 161.13 vs. the industry median of 78.05, Hoyuan Green Energy 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. Hoyuan Green Energy Co's current Days Payable of 600.98 is 670% 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 Hoyuan Green Energy 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. Hoyuan Green Energy Co's current Days Payable is 600.98, which is 273% above median its own 10-year median of 161.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoyuan Green Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Hoyuan Green Energy Co (SHSE:603185) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.01, compared to a current price of ¥13.75 — trading 23.7% below its estimated fair value. The current Days Payable is 600.98, which is 273% above median its 10-year median of 161.13 and 670% above the Industrial Products industry median of 78.05. Hoyuan Green Energy Co's overall GF Score™ is 79/100 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 Hoyuan Green Energy Co (SHSE:603185), the current Days Payable is 600.98 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 Hoyuan Green Energy Co (SHSE:603185) Overvalued in 2026?

Based on GuruFocus' analysis, Hoyuan Green Energy Co stock appears to be undervalued. The current stock price of ¥13.75 is trading 23.7% below its estimated GF Value™ of ¥18.01. GuruFocus considers Hoyuan Green Energy Co to be Modestly Undervalued.

Key valuation signals for SHSE:603185:

  • Days Payable: 600.98 (273% above median its 10-year median of 161.13)
  • GF Value™: ¥18.01 vs. price of ¥13.75 (23.7% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 670% above the Industrial Products median (#47 of 2995)

No single metric tells the full story. See the SHSE:603185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoyuan Green Energy Co Business Description

Address No.158, Nanhu Middle Road, Xuelang Street, Binhu District, Jiangsu Province, Wuxi, CHN, 214128
Hoyuan Green Energy Co Ltd is engaged in R&D, production and sales of precision machine tools.
79GF Score

Get the complete analysis for SHSE:603185

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

¥13.75
Price
¥18.01
GF Value