RoadMainT Co (SHSE:603860) Days Payable: 335.71 (As of Mar. 2026) — 386% Above Median

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SHSE:603860 RoadMainT Co Ltd SHSE:603860
74 GF Score
Price ¥24.00
GF Value ¥31.39
Valuation Modestly Undervalued
! 1 Warning Sign
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What is RoadMainT Co Days Payable?

RoadMainT Co SHSE:603860 +2.56% 74 Days Payable is 335.71 as of Mar. 2026, which is 386% above its 10-year median of 69.13. GuruFocus rates SHSE:603860 with a GF Score™ of 74/100 and a GF Value™ of ¥31.39 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,714 Construction companies, RoadMainT Co ranks better than 57.7% on this metric.

RoadMainT Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥49.1 Mil. RoadMainT Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥13.4 Mil. Hence, RoadMainT Co's Days Payable for the three months ended in Mar. 2026 was 335.71.

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

SHSE:603860' s Days Payable Range Over the Past 10 Years
Min: 28.6   Med: 69.13   Max: 129.86
Current: 91.1

During the past 13 years, RoadMainT Co's highest Days Payable was 129.86. The lowest was 28.60. And the median was 69.13.

SHSE:603860's Days Payable is ranked better than
57.7% of 1714 companies
in the Construction industry
Industry Median: 76.48 vs SHSE:603860: 91.10

RoadMainT Co's Days Payable increased from Mar. 2025 (241.75) to Mar. 2026 (335.71). It may suggest that RoadMainT Co delayed paying its suppliers.


RoadMainT Co Days Payable Historical Data

* Premium members only.

The historical data trend for RoadMainT 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.

RoadMainT Co Days Payable Chart

RoadMainT 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 64.32 83.21 117.31 129.86 117.08

RoadMainT 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 241.75 133.70 194.10 32.80 335.71

RoadMainT Co Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, RoadMainT 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.


RoadMainT Co Days Payable vs Construction Industry

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

* The bar in red indicates where RoadMainT Co's Days Payable falls into.


SHSE:603860
74GF Score
RoadMainT Co Ltd SHSE:603860
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RoadMainT 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.

RoadMainT 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
=( (37.497 + 48.725) / 2 ) / 134.396*365
=43.111 / 134.396*365
=117.08

RoadMainT 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
=( (48.725 + 49.528) / 2 ) / 13.353*365 / 4
=49.1265 / 13.353*365 / 4
=335.71

* 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 335.71 mean?
RoadMainT Co (SHSE:603860) has a Days Payable of 335.71 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 RoadMainT Co and its competitors. This is 386% above median its historical median of 69.13. Over the past decade, RoadMainT Co's Days Payable has ranged from 28.60 to 129.86. According to the industry distribution chart, RoadMainT Co ranks #725 out of 1714 companies in the Construction industry, placing it in the top 42.3%.
Is RoadMainT Co's Days Payable too high?
RoadMainT Co's current Days Payable of 335.71 is 386% above median its 10-year median of 69.13. Over the past 10 years, this metric has ranged from a low of 28.60 to a high of 129.86. The Construction industry median Days Payable is 76.48. RoadMainT Co's value of 335.71 is 339% above this industry median. Based on the distribution chart, RoadMainT Co ranks #725 out of 1714 companies in the Construction industry, which is above the industry midpoint. Overall, RoadMainT Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RoadMainT Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, RoadMainT Co ranks #725 out of 1714 companies for Days Payable. This puts RoadMainT Co in the upper half of its industry. The industry median Days Payable is 76.48. RoadMainT Co's value of 335.71 is 339% above this benchmark. Historically, RoadMainT Co's own Days Payable has ranged from 28.60 to 129.86 over the past decade. While the company's 10-year median is 69.13 vs. the industry median of 76.48, RoadMainT 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 1,714 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. RoadMainT Co's current Days Payable of 335.71 is 339% 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 RoadMainT 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. RoadMainT Co's current Days Payable is 335.71, which is 386% above median its own 10-year median of 69.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoadMainT Co stock overvalued right now?
Based on GuruFocus' analysis, RoadMainT Co (SHSE:603860) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥31.39, compared to a current price of ¥24.00 — trading 23.5% below its estimated fair value. The current Days Payable is 335.71, which is 386% above median its 10-year median of 69.13 and 339% above the Construction industry median of 76.48. RoadMainT Co's overall GF Score™ is 74/100 with 1 warning sign 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 RoadMainT Co (SHSE:603860), the current Days Payable is 335.71 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 RoadMainT Co (SHSE:603860) Overvalued in 2026?

Based on GuruFocus' analysis, RoadMainT Co stock appears to be undervalued. The current stock price of ¥24.00 is trading 23.5% below its estimated GF Value™ of ¥31.39. GuruFocus considers RoadMainT Co to be Modestly Undervalued.

Key valuation signals for SHSE:603860:

  • Days Payable: 335.71 (386% above median its 10-year median of 69.13)
  • GF Value™: ¥31.39 vs. price of ¥24.00 (23.5% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 339% above the Construction median (#725 of 1714)

No single metric tells the full story. See the SHSE:603860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RoadMainT Co Business Description

Address Beijing to Kam Road 9, Building 4, Haidian District, Beijing, CHN, 100095
RoadMainT Co Ltd provides service for the highway maintenance industry. It develops road maintenance testing devices such as road damage identification systems.
74GF Score

Get the complete analysis for SHSE:603860

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

¥24.00
Price
¥31.39
GF Value