Zhengping Road & Bridge Construction Co (SHSE:603843) Days Payable: 1,778.01 (As of Mar. 2026) — 461% Above Median

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SHSE:603843 Zhengping Road & Bridge Construction Co Ltd SHSE:603843
24 GF Score
Price ¥6.53
GF Value ¥2.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zhengping Road & Bridge Construction Co Days Payable?

Zhengping Road & Bridge Construction Co SHSE:603843 +7.93% 24 Days Payable is 1,778.01 as of Mar. 2026, which is 461% above its 10-year median of 316.84. GuruFocus rates SHSE:603843 with a GF Score™ of 24/100 and a GF Value™ of ¥2.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,716 Construction companies, Zhengping Road & Bridge Construction Co ranks better than 96.85% on this metric.

Zhengping Road & Bridge Construction Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,069 Mil. Zhengping Road & Bridge Construction Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥106 Mil. Hence, Zhengping Road & Bridge Construction Co's Days Payable for the three months ended in Mar. 2026 was 1,778.01.

The historical rank and industry rank for Zhengping Road & Bridge Construction Co's Days Payable or its related term are showing as below:

SHSE:603843' s Days Payable Range Over the Past 10 Years
Min: 208.37   Med: 316.84   Max: 708.66
Current: 685.36

During the past 13 years, Zhengping Road & Bridge Construction Co's highest Days Payable was 708.66. The lowest was 208.37. And the median was 316.84.

SHSE:603843's Days Payable is ranked better than
96.85% of 1716 companies
in the Construction industry
Industry Median: 76.48 vs SHSE:603843: 685.36

Zhengping Road & Bridge Construction Co's Days Payable increased from Mar. 2025 (1,703.73) to Mar. 2026 (1,778.01). It may suggest that Zhengping Road & Bridge Construction Co delayed paying its suppliers.


Zhengping Road & Bridge Construction Co Days Payable Related Terms


Zhengping Road & Bridge Construction Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhengping Road & Bridge 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.

Zhengping Road & Bridge Construction Co Days Payable Chart

Zhengping Road & Bridge 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 277.15 644.13 615.45 687.54 708.66

Zhengping Road & Bridge 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 1,703.73 1,094.21 881.61 346.38 1,778.01

SHSE:603843 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Zhengping Road & Bridge 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.


Zhengping Road & Bridge Construction Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Zhengping Road & Bridge Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhengping Road & Bridge Construction Co's Days Payable falls into.


SHSE:603843
24GF Score
Zhengping Road & Bridge Construction Co Ltd SHSE:603843
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhengping Road & Bridge 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.

Zhengping Road & Bridge 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
=( (2556.679 + 2330.629) / 2 ) / 1258.615*365
=2443.654 / 1258.615*365
=708.66

Zhengping Road & Bridge 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
=( (2330.629 + 1806.437) / 2 ) / 106.16*365 / 4
=2068.533 / 106.16*365 / 4
=1,778.01

* 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 1,778.01 mean?
Zhengping Road & Bridge Construction Co (SHSE:603843) has a Days Payable of 1,778.01 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 Zhengping Road & Bridge Construction Co and its competitors. This is 461% above median its historical median of 316.84. Over the past decade, Zhengping Road & Bridge Construction Co's Days Payable has ranged from 208.37 to 708.66. According to the industry distribution chart, Zhengping Road & Bridge Construction Co ranks #54 out of 1716 companies in the Construction industry, placing it in the top 3.1%.
Is Zhengping Road & Bridge Construction Co's Days Payable too high?
Zhengping Road & Bridge Construction Co's current Days Payable of 1,778.01 is 461% above median its 10-year median of 316.84. Over the past 10 years, this metric has ranged from a low of 208.37 to a high of 708.66. The Construction industry median Days Payable is 76.48. Zhengping Road & Bridge Construction Co's value of 1,778.01 is 2224.8% above this industry median. Based on the distribution chart, Zhengping Road & Bridge Construction Co ranks #54 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Zhengping Road & Bridge Construction Co has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhengping Road & Bridge Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Zhengping Road & Bridge Construction Co ranks #54 out of 1716 companies for Days Payable. This places Zhengping Road & Bridge Construction Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.48. Zhengping Road & Bridge Construction Co's value of 1,778.01 is 2224.8% above this benchmark. Historically, Zhengping Road & Bridge Construction Co's own Days Payable has ranged from 208.37 to 708.66 over the past decade. While the company's 10-year median is 316.84 vs. the industry median of 76.48, Zhengping Road & Bridge 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 76.48, 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. Zhengping Road & Bridge Construction Co's current Days Payable of 1,778.01 is 2224.8% 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 Zhengping Road & Bridge Construction Co and its competitors. For the Construction industry, the median Days Payable is 76.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhengping Road & Bridge Construction Co's current Days Payable is 1,778.01, which is 461% above median its own 10-year median of 316.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengping Road & Bridge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co (SHSE:603843) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.43, compared to a current price of ¥6.53 — trading 168.7% above its estimated fair value. The current Days Payable is 1,778.01, which is 461% above median its 10-year median of 316.84 and 2224.8% above the Construction industry median of 76.48. Zhengping Road & Bridge Construction Co's overall GF Score™ is 24/100 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 Zhengping Road & Bridge Construction Co (SHSE:603843), the current Days Payable is 1,778.01 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 Zhengping Road & Bridge Construction Co (SHSE:603843) Overvalued in 2026?

Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co stock appears to be overvalued. The current stock price of ¥6.53 is trading 168.7% above its estimated GF Value™ of ¥2.43. GuruFocus considers Zhengping Road & Bridge Construction Co to be Significantly Overvalued.

Key valuation signals for SHSE:603843:

  • Days Payable: 1,778.01 (461% above median its 10-year median of 316.84)
  • GF Value™: ¥2.43 vs. price of ¥6.53 (168.7% above fair value)
  • GF Score™: 24/100 with 5 warning signs
  • Industry Position: 2224.8% above the Construction median (#54 of 1716)

No single metric tells the full story. See the SHSE:603843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhengping Road & Bridge Construction Co Business Description

Address No. 128 Changjiang Road, 14th Floor, Innovation Building, Qinghai Province, Xining, CHN, 810000
Zhengping Road & Bridge Construction Co Ltd engages in the designing, engineering, construction, surveying, testing, and maintenance of roads and bridges in China. It constructs highway bridges, pavements, roadbeds, earth and stones, and tunnels; and produces and sells steel corrugated culvert and other products.
24GF Score

Get the complete analysis for SHSE:603843

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

¥6.53
Price
¥2.43
GF Value