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* 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.
Liaoning Fu-An Heavy Industry Co Days Payable Chart
SHSE:603315 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Liaoning Fu-An Heavy Industry Co's Days Payable falls into.
Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co (SHSE:603315) has a Days Payable of 197.04 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 Liaoning Fu-An Heavy Industry Co and its competitors. This is 25% above median its historical median of 157.33. Over the past decade, Liaoning Fu-An Heavy Industry Co's Days Payable has ranged from 109.89 to 202.67. According to the industry distribution chart, Liaoning Fu-An Heavy Industry Co ranks #65 out of 598 companies in the Steel industry, placing it in the top 10.9%.
Is Liaoning Fu-An Heavy Industry Co's Days Payable too high?
Liaoning Fu-An Heavy Industry Co's current Days Payable of 197.04 is 25% above median its 10-year median of 157.33. Over the past 10 years, this metric has ranged from a low of 109.89 to a high of 202.67. The Steel industry median Days Payable is 41.37. Liaoning Fu-An Heavy Industry Co's value of 197.04 is 376.3% above this industry median. Based on the distribution chart, Liaoning Fu-An Heavy Industry Co ranks #65 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Liaoning Fu-An Heavy Industry Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Fu-An Heavy Industry Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Liaoning Fu-An Heavy Industry Co ranks #65 out of 598 companies for Days Payable. This places Liaoning Fu-An Heavy Industry Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Liaoning Fu-An Heavy Industry Co's value of 197.04 is 376.3% above this benchmark. Historically, Liaoning Fu-An Heavy Industry Co's own Days Payable has ranged from 109.89 to 202.67 over the past decade. While the company's 10-year median is 157.33 vs. the industry median of 41.37, Liaoning Fu-An Heavy Industry 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Liaoning Fu-An Heavy Industry Co's current Days Payable of 197.04 is 376.3% 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 Liaoning Fu-An Heavy Industry Co and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning Fu-An Heavy Industry Co's current Days Payable is 197.04, which is 25% above median its own 10-year median of 157.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Fu-An Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Fu-An Heavy Industry Co (SHSE:603315) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.22, compared to a current price of ¥11.70 — trading 17.7% below its estimated fair value. The current Days Payable is 197.04, which is 25% above median its 10-year median of 157.33 and 376.3% above the Steel industry median of 41.37. Liaoning Fu-An Heavy Industry Co's overall GF Score™ is 75/100 with 8 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 Liaoning Fu-An Heavy Industry Co (SHSE:603315), the current Days Payable is 197.04 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 Liaoning Fu-An Heavy Industry Co (SHSE:603315) Overvalued in 2026?
Based on GuruFocus' analysis, Liaoning Fu-An Heavy Industry Co stock appears to be undervalued.
The current stock price of ¥11.70 is trading 17.7% below its estimated GF Value™ of ¥14.22.
GuruFocus considers Liaoning Fu-An Heavy Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:603315:
Days Payable: 197.04 (25% above median its 10-year median of 157.33)
GF Value™: ¥14.22 vs. price of ¥11.70 (17.7% below fair value)
Industry Position: 376.3% above the Steel median (#65 of 598)
No single metric tells the full story. See the SHSE:603315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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