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SHSE:603577's Days Payable is ranked worse than 60.3% of 2995
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:603577: 61.75
* 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 Huijintong Power Equipment Co Days Payable Chart
SHSE:603577 vs CRS, ATI, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Qingdao Huijintong Power Equipment Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Qingdao Huijintong Power Equipment Co's Days Payable falls into.
Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment Co (SHSE:603577) has a Days Payable of 74.30 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 Qingdao Huijintong Power Equipment Co and its competitors. This is 26% above median its historical median of 58.89. Over the past decade, Qingdao Huijintong Power Equipment Co's Days Payable has ranged from 23.10 to 85.73. According to the industry distribution chart, Qingdao Huijintong Power Equipment Co ranks #1806 out of 2995 companies in the Industrial Products industry, placing it in the top 60.3%.
Is Qingdao Huijintong Power Equipment Co's Days Payable too high?
Qingdao Huijintong Power Equipment Co's current Days Payable of 74.30 is 26% above median its 10-year median of 58.89. Over the past 10 years, this metric has ranged from a low of 23.10 to a high of 85.73. The Industrial Products industry median Days Payable is 78.05. Qingdao Huijintong Power Equipment Co's value of 74.30 is 4.8% below this industry median. Based on the distribution chart, Qingdao Huijintong Power Equipment Co ranks #1806 out of 2995 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Qingdao Huijintong Power Equipment Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Huijintong Power Equipment Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Qingdao Huijintong Power Equipment Co ranks #1806 out of 2995 companies for Days Payable. This places Qingdao Huijintong Power Equipment Co in the lower half of its industry. The industry median Days Payable is 78.05. Qingdao Huijintong Power Equipment Co's value of 74.30 is 4.8% below this benchmark. Historically, Qingdao Huijintong Power Equipment Co's own Days Payable has ranged from 23.10 to 85.73 over the past decade. While the company's 10-year median is 58.89 vs. the industry median of 78.05, Qingdao Huijintong Power Equipment 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 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. Qingdao Huijintong Power Equipment Co's current Days Payable of 74.30 is 4.8% 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 Qingdao Huijintong Power Equipment 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. Qingdao Huijintong Power Equipment Co's current Days Payable is 74.30, which is 26% above median its own 10-year median of 58.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Huijintong Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Huijintong Power Equipment Co (SHSE:603577) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.62, compared to a current price of ¥9.02 — trading 4.6% above its estimated fair value. The current Days Payable is 74.30, which is 26% above median its 10-year median of 58.89 and 4.8% below the Industrial Products industry median of 78.05. Qingdao Huijintong Power Equipment Co's overall GF Score™ is 78/100 with 10 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 Huijintong Power Equipment Co (SHSE:603577), the current Days Payable is 74.30 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 Qingdao Huijintong Power Equipment Co (SHSE:603577) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Huijintong Power Equipment Co stock appears to be overvalued.
The current stock price of ¥9.02 is trading 4.6% above its estimated GF Value™ of ¥8.62.
GuruFocus considers Qingdao Huijintong Power Equipment Co to be Fairly Valued.
Key valuation signals for SHSE:603577:
Days Payable: 74.30 (26% above median its 10-year median of 58.89)
GF Value™: ¥8.62 vs. price of ¥9.02 (4.6% above fair value)
Industry Position: 4.8% below the Industrial Products median (#1806 of 2995)
No single metric tells the full story. See the SHSE:603577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Huijintong Power Equipment Co Business Description
Qingdao Huijintong Power Equipment Co Ltd manufactures steel structures. Its products include Lattice Angle Steel Tower, Steel Tube Tower, Solar Bracket and other steel structures.
78GF Score
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