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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.
Shandong Donghong Pipe Industry Co Days Payable Chart
SHSE:603856 vs TT, JCI, CARR: Days Payable Comparison
For the Building Products & Equipment subindustry, Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shandong Donghong Pipe Industry Co's Days Payable falls into.
Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co (SHSE:603856) has a Days Payable of 29.15 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 Shandong Donghong Pipe Industry Co and its competitors. This is 26% above median its historical median of 23.10. Over the past decade, Shandong Donghong Pipe Industry Co's Days Payable has ranged from 14.17 to 35.51. According to the industry distribution chart, Shandong Donghong Pipe Industry Co ranks #1598 out of 1717 companies in the Construction industry, placing it in the top 93.1%.
Is Shandong Donghong Pipe Industry Co's Days Payable too high?
Shandong Donghong Pipe Industry Co's current Days Payable of 29.15 is 26% above median its 10-year median of 23.10. Over the past 10 years, this metric has ranged from a low of 14.17 to a high of 35.51. The Construction industry median Days Payable is 76.51. Shandong Donghong Pipe Industry Co's value of 29.15 is 61.9% below this industry median. Based on the distribution chart, Shandong Donghong Pipe Industry Co ranks #1598 out of 1717 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shandong Donghong Pipe Industry Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Donghong Pipe Industry Co's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Shandong Donghong Pipe Industry Co ranks #1598 out of 1717 companies for Days Payable. This places Shandong Donghong Pipe Industry Co in the lower half of its industry. The industry median Days Payable is 76.51. Shandong Donghong Pipe Industry Co's value of 29.15 is 61.9% below this benchmark. Historically, Shandong Donghong Pipe Industry Co's own Days Payable has ranged from 14.17 to 35.51 over the past decade. While the company's 10-year median is 23.10 vs. the industry median of 76.51, Shandong Donghong Pipe Industry 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 a Construction company?
The median Days Payable among Construction companies is 76.51, based on 1,717 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. Shandong Donghong Pipe Industry Co's current Days Payable of 29.15 is 61.9% 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 Shandong Donghong Pipe Industry Co and its competitors. For the Construction industry, the median Days Payable is 76.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Donghong Pipe Industry Co's current Days Payable is 29.15, which is 26% above median its own 10-year median of 23.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Donghong Pipe Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Donghong Pipe Industry Co (SHSE:603856) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.28, compared to a current price of ¥11.34 — trading 22.2% above its estimated fair value. The current Days Payable is 29.15, which is 26% above median its 10-year median of 23.10 and 61.9% below the Construction industry median of 76.51. Shandong Donghong Pipe Industry Co's overall GF Score™ is 79/100 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 Shandong Donghong Pipe Industry Co (SHSE:603856), the current Days Payable is 29.15 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 Shandong Donghong Pipe Industry Co (SHSE:603856) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Donghong Pipe Industry Co stock appears to be overvalued.
The current stock price of ¥11.34 is trading 22.2% above its estimated GF Value™ of ¥9.28.
GuruFocus considers Shandong Donghong Pipe Industry Co to be Modestly Overvalued.
Key valuation signals for SHSE:603856:
Days Payable: 29.15 (26% above median its 10-year median of 23.10)
GF Value™: ¥9.28 vs. price of ¥11.34 (22.2% above fair value)
Industry Position: 61.9% below the Construction median (#1598 of 1717)
No single metric tells the full story. See the SHSE:603856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Donghong Pipe Industry Co Business Description
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
79GF Score
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