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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.
SHSE:603800 vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, Jiangsu Hongtian Technology 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.
Jiangsu Hongtian Technology Co Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jiangsu Hongtian Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Jiangsu Hongtian Technology Co's Days Payable falls into.
Jiangsu Hongtian Technology 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.
Jiangsu Hongtian Technology Co (SHSE:603800) has a Days Payable of 347.85 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 Jiangsu Hongtian Technology Co and its competitors. This is 131% above median its historical median of 150.41. Over the past decade, Jiangsu Hongtian Technology Co's Days Payable has ranged from 127.67 to 225.75. According to the industry distribution chart, Jiangsu Hongtian Technology Co ranks #119 out of 851 companies in the Oil & Gas industry, placing it in the top 14%.
Is Jiangsu Hongtian Technology Co's Days Payable too high?
Jiangsu Hongtian Technology Co's current Days Payable of 347.85 is 131% above median its 10-year median of 150.41. Over the past 10 years, this metric has ranged from a low of 127.67 to a high of 225.75. The Oil & Gas industry median Days Payable is 57.95. Jiangsu Hongtian Technology Co's value of 347.85 is 500.3% above this industry median. Based on the distribution chart, Jiangsu Hongtian Technology Co ranks #119 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Hongtian Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hongtian Technology Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Jiangsu Hongtian Technology Co ranks #119 out of 851 companies for Days Payable. This places Jiangsu Hongtian Technology Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Jiangsu Hongtian Technology Co's value of 347.85 is 500.3% above this benchmark. Historically, Jiangsu Hongtian Technology Co's own Days Payable has ranged from 127.67 to 225.75 over the past decade. While the company's 10-year median is 150.41 vs. the industry median of 57.95, Jiangsu Hongtian Technology 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 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. Jiangsu Hongtian Technology Co's current Days Payable of 347.85 is 500.3% 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 Jiangsu Hongtian Technology 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. Jiangsu Hongtian Technology Co's current Days Payable is 347.85, which is 131% above median its own 10-year median of 150.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hongtian Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hongtian Technology Co (SHSE:603800) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.37, compared to a current price of ¥60.39 — trading 247.7% above its estimated fair value. The current Days Payable is 347.85, which is 131% above median its 10-year median of 150.41 and 500.3% above the Oil & Gas industry median of 57.95. Jiangsu Hongtian Technology Co's overall GF Score™ is 63/100 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 Jiangsu Hongtian Technology Co (SHSE:603800), the current Days Payable is 347.85 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 Jiangsu Hongtian Technology Co (SHSE:603800) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Hongtian Technology Co stock appears to be overvalued.
The current stock price of ¥60.39 is trading 247.7% above its estimated GF Value™ of ¥17.37.
GuruFocus considers Jiangsu Hongtian Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603800:
Days Payable: 347.85 (131% above median its 10-year median of 150.41)
GF Value™: ¥17.37 vs. price of ¥60.39 (247.7% above fair value)
Industry Position: 500.3% above the Oil & Gas median (#119 of 851)
No single metric tells the full story. See the SHSE:603800 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Hongtian Technology Co Business Description
Jiangsu Hongtian Technology Co Ltd is Engaged in the research and development, manufacturing and sales of special equipment for oil, natural gas and shale gas drilling.
63GF Score
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