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SHSE:603187's Days Payable is ranked better than 87.78% of 2994
companies
in the Industrial Products industry
Industry Median: 78.065
vs SHSE:603187: 214.41
* 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.
Qingdao Hiron Commercial Cold Chain Co Days Payable Chart
Qingdao Hiron Commercial Cold Chain Co Annual Data
Qingdao Hiron Commercial Cold Chain Co Days Payable Competitor Comparison
For the Business Equipment & Supplies subindustry, Qingdao Hiron Commercial Cold Chain 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.
Qingdao Hiron Commercial Cold Chain Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Qingdao Hiron Commercial Cold Chain Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Qingdao Hiron Commercial Cold Chain Co's Days Payable falls into.
Qingdao Hiron Commercial Cold Chain 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.
* 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.
Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) has a Days Payable of 231.05 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 Qingdao Hiron Commercial Cold Chain Co and its competitors. This is 16% above median its historical median of 199.42. Over the past decade, Qingdao Hiron Commercial Cold Chain Co's Days Payable has ranged from 167.37 to 224.43. According to the industry distribution chart, Qingdao Hiron Commercial Cold Chain Co ranks #366 out of 2994 companies in the Industrial Products industry, placing it in the top 12.2%.
Is Qingdao Hiron Commercial Cold Chain Co's Days Payable too high?
Qingdao Hiron Commercial Cold Chain Co's current Days Payable of 231.05 is 16% above median its 10-year median of 199.42. Over the past 10 years, this metric has ranged from a low of 167.37 to a high of 224.43. The Industrial Products industry median Days Payable is 78.07. Qingdao Hiron Commercial Cold Chain Co's value of 231.05 is 196% above this industry median. Based on the distribution chart, Qingdao Hiron Commercial Cold Chain Co ranks #366 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Qingdao Hiron Commercial Cold Chain Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Hiron Commercial Cold Chain Co's Days Payable compare to competitors?
According to the Industrial Products industry distribution chart, Qingdao Hiron Commercial Cold Chain Co ranks #366 out of 2994 companies for Days Payable. This places Qingdao Hiron Commercial Cold Chain Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Qingdao Hiron Commercial Cold Chain Co's value of 231.05 is 196% above this benchmark. Historically, Qingdao Hiron Commercial Cold Chain Co's own Days Payable has ranged from 167.37 to 224.43 over the past decade. While the company's 10-year median is 199.42 vs. the industry median of 78.07, Qingdao Hiron Commercial Cold Chain 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 78.07, based on 2,994 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. Qingdao Hiron Commercial Cold Chain Co's current Days Payable of 231.05 is 196% 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 Qingdao Hiron Commercial Cold Chain Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Hiron Commercial Cold Chain Co's current Days Payable is 231.05, which is 16% above median its own 10-year median of 199.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Hiron Commercial Cold Chain Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.61, compared to a current price of ¥12.28 — trading 21.3% below its estimated fair value. The current Days Payable is 231.05, which is 16% above median its 10-year median of 199.42 and 196% above the Industrial Products industry median of 78.07. Qingdao Hiron Commercial Cold Chain Co's overall GF Score™ is 95/100 with 2 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 Qingdao Hiron Commercial Cold Chain Co (SHSE:603187), the current Days Payable is 231.05 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 Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Hiron Commercial Cold Chain Co stock appears to be undervalued.
The current stock price of ¥12.28 is trading 21.3% below its estimated GF Value™ of ¥15.61.
GuruFocus considers Qingdao Hiron Commercial Cold Chain Co to be Modestly Undervalued.
Key valuation signals for SHSE:603187:
Days Payable: 231.05 (16% above median its 10-year median of 199.42)
GF Value™: ¥15.61 vs. price of ¥12.28 (21.3% below fair value)
Industry Position: 196% above the Industrial Products median (#366 of 2994)
No single metric tells the full story. See the SHSE:603187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Hiron Commercial Cold Chain Co Business Description
Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.
95GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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