Anhui Gourgen Traffic Construction Co (SHSE:603815) Days Payable: 714.80 (As of Mar. 2026) — 102% Above Median

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SHSE:603815 Anhui Gourgen Traffic Construction Co Ltd SHSE:603815
53 GF Score
Price ¥6.14
GF Value ¥5.40
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Anhui Gourgen Traffic Construction Co Days Payable?

Anhui Gourgen Traffic Construction Co SHSE:603815 -6.54% 53 Days Payable is 714.80 as of Mar. 2026, which is 102% above its 10-year median of 353.69. GuruFocus rates SHSE:603815 with a GF Score™ of 53/100 and a GF Value™ of ¥5.40 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,716 Construction companies, Anhui Gourgen Traffic Construction Co ranks better than 94.93% on this metric.

Anhui Gourgen Traffic Construction Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,410 Mil. Anhui Gourgen Traffic Construction Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥563 Mil. Hence, Anhui Gourgen Traffic Construction Co's Days Payable for the three months ended in Mar. 2026 was 714.80.

The historical rank and industry rank for Anhui Gourgen Traffic Construction Co's Days Payable or its related term are showing as below:

SHSE:603815' s Days Payable Range Over the Past 10 Years
Min: 278.66   Med: 353.69   Max: 528.01
Current: 515.54

During the past 11 years, Anhui Gourgen Traffic Construction Co's highest Days Payable was 528.01. The lowest was 278.66. And the median was 353.69.

SHSE:603815's Days Payable is ranked better than
94.93% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs SHSE:603815: 515.54

Anhui Gourgen Traffic Construction Co's Days Payable increased from Mar. 2025 (627.78) to Mar. 2026 (714.80). It may suggest that Anhui Gourgen Traffic Construction Co delayed paying its suppliers.


Anhui Gourgen Traffic Construction Co Days Payable Related Terms


Anhui Gourgen Traffic Construction Co Days Payable Historical Data

* Premium members only.

The historical data trend for Anhui Gourgen Traffic Construction 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.

Anhui Gourgen Traffic Construction Co Days Payable Chart

Anhui Gourgen Traffic Construction 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 285.35 278.66 450.99 528.01 523.75

Anhui Gourgen Traffic Construction 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 627.78 448.17 451.46 564.32 714.80

SHSE:603815 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Anhui Gourgen Traffic Construction 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 Gourgen Traffic Construction Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Anhui Gourgen Traffic Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Gourgen Traffic Construction Co's Days Payable falls into.


SHSE:603815
53GF Score
Anhui Gourgen Traffic Construction Co Ltd SHSE:603815
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Gourgen Traffic Construction 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.

Anhui Gourgen Traffic Construction 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
=( (5124.472 + 4818.243) / 2 ) / 3464.497*365
=4971.3575 / 3464.497*365
=523.75

Anhui Gourgen Traffic Construction 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
=( (4818.243 + 4002.423) / 2 ) / 563.018*365 / 4
=4410.333 / 563.018*365 / 4
=714.80

* 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 714.80 mean?
Anhui Gourgen Traffic Construction Co (SHSE:603815) has a Days Payable of 714.80 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 Gourgen Traffic Construction Co and its competitors. This is 102% above median its historical median of 353.69. Over the past decade, Anhui Gourgen Traffic Construction Co's Days Payable has ranged from 278.66 to 528.01. According to the industry distribution chart, Anhui Gourgen Traffic Construction Co ranks #87 out of 1716 companies in the Construction industry, placing it in the top 5.1%.
Is Anhui Gourgen Traffic Construction Co's Days Payable too high?
Anhui Gourgen Traffic Construction Co's current Days Payable of 714.80 is 102% above median its 10-year median of 353.69. Over the past 10 years, this metric has ranged from a low of 278.66 to a high of 528.01. The Construction industry median Days Payable is 76.55. Anhui Gourgen Traffic Construction Co's value of 714.80 is 833.8% above this industry median. Based on the distribution chart, Anhui Gourgen Traffic Construction Co ranks #87 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Anhui Gourgen Traffic Construction Co has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Gourgen Traffic Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Anhui Gourgen Traffic Construction Co ranks #87 out of 1716 companies for Days Payable. This places Anhui Gourgen Traffic Construction Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.55. Anhui Gourgen Traffic Construction Co's value of 714.80 is 833.8% above this benchmark. Historically, Anhui Gourgen Traffic Construction Co's own Days Payable has ranged from 278.66 to 528.01 over the past decade. While the company's 10-year median is 353.69 vs. the industry median of 76.55, Anhui Gourgen Traffic Construction 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 a Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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 Gourgen Traffic Construction Co's current Days Payable of 714.80 is 833.8% 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 Anhui Gourgen Traffic Construction Co and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Gourgen Traffic Construction Co's current Days Payable is 714.80, which is 102% above median its own 10-year median of 353.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Gourgen Traffic Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Gourgen Traffic Construction Co (SHSE:603815) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.40, compared to a current price of ¥6.14 — trading 13.7% above its estimated fair value. The current Days Payable is 714.80, which is 102% above median its 10-year median of 353.69 and 833.8% above the Construction industry median of 76.55. Anhui Gourgen Traffic Construction Co's overall GF Score™ is 53/100 with 6 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 Gourgen Traffic Construction Co (SHSE:603815), the current Days Payable is 714.80 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 Gourgen Traffic Construction Co (SHSE:603815) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Gourgen Traffic Construction Co stock appears to be overvalued. The current stock price of ¥6.14 is trading 13.7% above its estimated GF Value™ of ¥5.40. GuruFocus considers Anhui Gourgen Traffic Construction Co to be Modestly Overvalued.

Key valuation signals for SHSE:603815:

  • Days Payable: 714.80 (102% above median its 10-year median of 353.69)
  • GF Value™: ¥5.40 vs. price of ¥6.14 (13.7% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 833.8% above the Construction median (#87 of 1716)

No single metric tells the full story. See the SHSE:603815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Gourgen Traffic Construction Co Business Description

Address No. 310, Tunxi Road, Yuyang District, Anhui Province, Hefei, CHN, 230041
Anhui Gourgen Traffic Construction Co Ltd is engaged in engineering construction, survey and design, test and inspection related to highway and municipal infrastructure construction.
53GF Score

Get the complete analysis for SHSE:603815

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

¥6.14
Price
¥5.40
GF Value