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Shuifa Gas CoSHSE:603318 -8.36%61 Days Payable is 44.30 as of Mar. 2026, which is 17% below its 10-year median of 53.45. GuruFocus rates SHSE:603318 with a GF Score™ of 61/100 and a GF Value™ of ¥5.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 851 Oil & Gas companies, Shuifa Gas Co ranks worse than 70.98% on this metric.
The historical rank and industry rank for Shuifa Gas Co's Days Payable or its related term are showing as below:
SHSE:603318'
s Days Payable Range Over the Past 10 Years
Min: 33.4 Med: 53.45 Max: 393.16
Current: 34.24
During the past 13 years, Shuifa Gas Co's highest Days Payable was 393.16. The lowest was 33.40. And the median was 53.45.
SHSE:603318's Days Payable is ranked worse than 70.98% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs SHSE:603318: 34.24
Shuifa Gas Co's Days Payable
increased
from Mar. 2025 (25.09) to Mar. 2026 (44.30).
It may suggest that Shuifa Gas Codelayed paying its suppliers.
Shuifa Gas Co Days Payable Related Terms
Shuifa Gas Co Days Payable Historical Data
* Premium members only.
The historical data trend for Shuifa Gas 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.
SHSE:603318 vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, Shuifa Gas 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.
Shuifa Gas Co Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shuifa Gas Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shuifa Gas Co's Days Payable falls into.
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.
Shuifa Gas Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Shuifa Gas Co (SHSE:603318) has a Days Payable of 44.30 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 Shuifa Gas Co and its competitors. This is 17% below median its historical median of 53.45. Over the past decade, Shuifa Gas Co's Days Payable has ranged from 33.40 to 393.16. According to the industry distribution chart, Shuifa Gas Co ranks #604 out of 851 companies in the Oil & Gas industry, placing it in the top 71%.
Is Shuifa Gas Co's Days Payable too high?
Shuifa Gas Co's current Days Payable of 44.30 is 17% below median its 10-year median of 53.45. Over the past 10 years, this metric has ranged from a low of 33.40 to a high of 393.16. The Oil & Gas industry median Days Payable is 57.95. Shuifa Gas Co's value of 44.30 is 23.6% below this industry median. Based on the distribution chart, Shuifa Gas Co ranks #604 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shuifa Gas Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuifa Gas Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shuifa Gas Co ranks #604 out of 851 companies for Days Payable. This places Shuifa Gas Co in the lower half of its industry. The industry median Days Payable is 57.95. Shuifa Gas Co's value of 44.30 is 23.6% below this benchmark. Historically, Shuifa Gas Co's own Days Payable has ranged from 33.40 to 393.16 over the past decade. While the company's 10-year median is 53.45 vs. the industry median of 57.95, Shuifa Gas Co has consistently been below 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Shuifa Gas Co's current Days Payable of 44.30 is 23.6% below 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 Shuifa Gas Co and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuifa Gas Co's current Days Payable is 44.30, which is 17% below median its own 10-year median of 53.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuifa Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shuifa Gas Co (SHSE:603318) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.28, compared to a current price of ¥8.00 — trading 51.5% above its estimated fair value. The current Days Payable is 44.30, which is 17% below median its 10-year median of 53.45 and 23.6% below the Oil & Gas industry median of 57.95. Shuifa Gas Co's overall GF Score™ is 61/100 with 5 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 Shuifa Gas Co (SHSE:603318), the current Days Payable is 44.30 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 Shuifa Gas Co (SHSE:603318) Overvalued in 2026?
Based on GuruFocus' analysis, Shuifa Gas Co stock appears to be overvalued.
The current stock price of ¥8.00 is trading 51.5% above its estimated GF Value™ of ¥5.28.
GuruFocus considers Shuifa Gas Co to be Significantly Overvalued.
Key valuation signals for SHSE:603318:
Days Payable: 44.30 (17% below median its 10-year median of 53.45)
GF Value™: ¥5.28 vs. price of ¥8.00 (51.5% above fair value)
Industry Position: 23.6% below the Oil & Gas median (#604 of 851)
No single metric tells the full story. See the SHSE:603318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuifa Gas Co Ltd is engaged in the design, production, sales, and service of products related to gas transmission, distribution, and gas applications. Its business scope includes gas supply operations, hazardous chemicals trading, power generation, electricity transmission and distribution, and insurance agency services.
61GF Score
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