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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.
Anhui Province Natural Gas Development Co Days Payable Chart
Anhui Province Natural Gas Development Co Annual Data
SHSE:603689 vs WMB, EPD, KMI: Days Payable Comparison
For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas Development 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.
Anhui Province Natural Gas Development Co Days Payable vs Oil & Gas Industry
Anhui Province Natural Gas Development 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.
Anhui Province Natural Gas Development Co (SHSE:603689) has a Days Payable of 19.75 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 Anhui Province Natural Gas Development Co and its competitors. This is 20% below median its historical median of 24.63. Over the past decade, Anhui Province Natural Gas Development Co's Days Payable has ranged from 17.28 to 59.40. According to the industry distribution chart, Anhui Province Natural Gas Development Co ranks #710 out of 850 companies in the Oil & Gas industry, placing it in the top 83.5%.
Is Anhui Province Natural Gas Development Co's Days Payable too high?
Anhui Province Natural Gas Development Co's current Days Payable of 19.75 is 20% below median its 10-year median of 24.63. Over the past 10 years, this metric has ranged from a low of 17.28 to a high of 59.40. The Oil & Gas industry median Days Payable is 57.15. Anhui Province Natural Gas Development Co's value of 19.75 is 65.4% below this industry median. Based on the distribution chart, Anhui Province Natural Gas Development Co ranks #710 out of 850 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Anhui Province Natural Gas Development Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Province Natural Gas Development Co's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Anhui Province Natural Gas Development Co ranks #710 out of 850 companies for Days Payable. This places Anhui Province Natural Gas Development Co in the lower half of its industry. The industry median Days Payable is 57.15. Anhui Province Natural Gas Development Co's value of 19.75 is 65.4% below this benchmark. Historically, Anhui Province Natural Gas Development Co's own Days Payable has ranged from 17.28 to 59.40 over the past decade. While the company's 10-year median is 24.63 vs. the industry median of 57.15, Anhui Province Natural Gas Development 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 57.15, based on 850 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. Anhui Province Natural Gas Development Co's current Days Payable of 19.75 is 65.4% 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 Anhui Province Natural Gas Development Co and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Province Natural Gas Development Co's current Days Payable is 19.75, which is 20% below median its own 10-year median of 24.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Province Natural Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co (SHSE:603689) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.28, compared to a current price of ¥7.58 — trading 4.1% above its estimated fair value. The current Days Payable is 19.75, which is 20% below median its 10-year median of 24.63 and 65.4% below the Oil & Gas industry median of 57.15. Anhui Province Natural Gas Development Co's overall GF Score™ is 63/100 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 Anhui Province Natural Gas Development Co (SHSE:603689), the current Days Payable is 19.75 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 Anhui Province Natural Gas Development Co (SHSE:603689) Overvalued in 2026?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co stock appears to be overvalued.
The current stock price of ¥7.58 is trading 4.1% above its estimated GF Value™ of ¥7.28.
GuruFocus considers Anhui Province Natural Gas Development Co to be Fairly Valued.
Key valuation signals for SHSE:603689:
Days Payable: 19.75 (20% below median its 10-year median of 24.63)
GF Value™: ¥7.28 vs. price of ¥7.58 (4.1% above fair value)
Industry Position: 65.4% below the Oil & Gas median (#710 of 850)
No single metric tells the full story. See the SHSE:603689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.
63GF Score
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