Haitian Water Group Co (SHSE:603759) Days Payable: 28.45 (As of Mar. 2026) — 91% Below Median

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SHSE:603759 Haitian Water Group Co Ltd SHSE:603759
58 GF Score
Price ¥6.92
GF Value ¥25.55
Valuation Possible Value Trap
! 9 Warning Signs
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What is Haitian Water Group Co Days Payable?

Haitian Water Group Co SHSE:603759 +0.73% 58 Days Payable is 28.45 as of Mar. 2026, which is 91% below its 10-year median of 322.72. GuruFocus rates SHSE:603759 with a GF Score™ of 58/100 and a GF Value™ of ¥25.55 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 482 Utilities - Regulated companies, Haitian Water Group Co ranks worse than 71.78% on this metric.

Haitian Water Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥422 Mil. Haitian Water Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,354 Mil. Hence, Haitian Water Group Co's Days Payable for the three months ended in Mar. 2026 was 28.45.

The historical rank and industry rank for Haitian Water Group Co's Days Payable or its related term are showing as below:

SHSE:603759' s Days Payable Range Over the Past 10 Years
Min: 43.93   Med: 322.72   Max: 461.56
Current: 43.93

During the past 10 years, Haitian Water Group Co's highest Days Payable was 461.56. The lowest was 43.93. And the median was 322.72.

SHSE:603759's Days Payable is ranked worse than
71.78% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs SHSE:603759: 43.93

Haitian Water Group Co's Days Payable declined from Mar. 2025 (238.48) to Mar. 2026 (28.45). It may suggest that Haitian Water Group Co accelerated paying its suppliers.


Haitian Water Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Haitian Water Group 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.

Haitian Water Group Co Days Payable Chart

Haitian Water Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 369.36 322.72 331.48 258.17 66.49

Haitian Water Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 238.48 87.35 46.99 39.14 28.45

SHSE:603759 vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Haitian Water Group 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.


Haitian Water Group Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Haitian Water Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Haitian Water Group Co's Days Payable falls into.


SHSE:603759
58GF Score
Haitian Water Group Co Ltd SHSE:603759
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Haitian Water Group 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.

Haitian Water Group Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (483.256 + 431.501) / 2 ) / 2510.844*365
=457.3785 / 2510.844*365
=66.49

Haitian Water Group Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (431.501 + 413.049) / 2 ) / 1354.243*365 / 4
=422.275 / 1354.243*365 / 4
=28.45

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 28.45 mean?
Haitian Water Group Co (SHSE:603759) has a Days Payable of 28.45 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 Haitian Water Group Co and its competitors. This is 91% below median its historical median of 322.72. Over the past decade, Haitian Water Group Co's Days Payable has ranged from 43.93 to 461.56. According to the industry distribution chart, Haitian Water Group Co ranks #346 out of 482 companies in the Utilities - Regulated industry, placing it in the top 71.8%.
Is Haitian Water Group Co's Days Payable too high?
Haitian Water Group Co's current Days Payable of 28.45 is 91% below median its 10-year median of 322.72. Over the past 10 years, this metric has ranged from a low of 43.93 to a high of 461.56. The Utilities - Regulated industry median Days Payable is 70.11. Haitian Water Group Co's value of 28.45 is 59.4% below this industry median. Based on the distribution chart, Haitian Water Group Co ranks #346 out of 482 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Haitian Water Group Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Haitian Water Group Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Haitian Water Group Co ranks #346 out of 482 companies for Days Payable. This places Haitian Water Group Co in the lower half of its industry. The industry median Days Payable is 70.11. Haitian Water Group Co's value of 28.45 is 59.4% below this benchmark. Historically, Haitian Water Group Co's own Days Payable has ranged from 43.93 to 461.56 over the past decade. While the company's 10-year median is 322.72 vs. the industry median of 70.11, Haitian Water Group 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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. Haitian Water Group Co's current Days Payable of 28.45 is 59.4% 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 Haitian Water Group Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haitian Water Group Co's current Days Payable is 28.45, which is 91% below median its own 10-year median of 322.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haitian Water Group Co stock overvalued right now?
Based on GuruFocus' analysis, Haitian Water Group Co (SHSE:603759) is currently considered Possible Value Trap. The stock's GF Value™ is ¥25.55, compared to a current price of ¥6.92 — trading 72.9% below its estimated fair value. The current Days Payable is 28.45, which is 91% below median its 10-year median of 322.72 and 59.4% below the Utilities - Regulated industry median of 70.11. Haitian Water Group Co's overall GF Score™ is 58/100 with 9 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 Haitian Water Group Co (SHSE:603759), the current Days Payable is 28.45 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 Haitian Water Group Co (SHSE:603759) Overvalued in 2026?

Based on GuruFocus' analysis, Haitian Water Group Co stock appears to be undervalued. The current stock price of ¥6.92 is trading 72.9% below its estimated GF Value™ of ¥25.55. GuruFocus considers Haitian Water Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603759:

  • Days Payable: 28.45 (91% below median its 10-year median of 322.72)
  • GF Value™: ¥25.55 vs. price of ¥6.92 (72.9% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 59.4% below the Utilities - Regulated median (#346 of 482)

No single metric tells the full story. See the SHSE:603759 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haitian Water Group Co Business Description

Address No. 57, Community Zheng Street, Xinglong Street, No. 10, Unit 1, Building 1, Tianfu New District, Sichuan Province, Chengdu, CHN, 610000
Haitian Water Group Co Ltd is an integrated environmental service operator whose main business is water supply and sewage treatment.
58GF Score

Get the complete analysis for SHSE:603759

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.92
Price
¥25.55
GF Value