Hunan Aihua Group Co (SHSE:603989) Days Payable: 132.15 (As of Mar. 2026) — Near Median

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SHSE:603989 Hunan Aihua Group Co Ltd SHSE:603989
64 GF Score
Price ¥28.86
GF Value ¥18.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hunan Aihua Group Co Days Payable?

Hunan Aihua Group Co SHSE:603989 +9.98% 64 Days Payable is 132.15 as of Mar. 2026, which is 1% below its 10-year median of 133.79. GuruFocus rates SHSE:603989 with a GF Score™ of 64/100 and a GF Value™ of ¥18.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Hunan Aihua Group Co ranks better than 76.85% on this metric.

Hunan Aihua Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,108 Mil. Hunan Aihua Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥765 Mil. Hence, Hunan Aihua Group Co's Days Payable for the three months ended in Mar. 2026 was 132.15.

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

SHSE:603989' s Days Payable Range Over the Past 10 Years
Min: 113.2   Med: 133.79   Max: 148.92
Current: 123.39

During the past 13 years, Hunan Aihua Group Co's highest Days Payable was 148.92. The lowest was 113.20. And the median was 133.79.

SHSE:603989's Days Payable is ranked better than
76.85% of 2441 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:603989: 123.39

Hunan Aihua Group Co's Days Payable declined from Mar. 2025 (136.07) to Mar. 2026 (132.15). It may suggest that Hunan Aihua Group Co accelerated paying its suppliers.


Hunan Aihua Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hunan Aihua Group 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.

Hunan Aihua Group Co Days Payable Chart

Hunan Aihua Group 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 147.73 148.92 138.20 122.89 129.37

Hunan Aihua Group 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 136.07 116.48 123.16 118.10 132.15

SHSE:603989 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Hunan Aihua Group 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.


Hunan Aihua Group Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Hunan Aihua Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Aihua Group Co's Days Payable falls into.


SHSE:603989
64GF Score
Hunan Aihua Group Co Ltd SHSE:603989
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hunan Aihua Group 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.

Hunan Aihua Group 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
=( (1151.721 + 1073.539) / 2 ) / 3139.019*365
=1112.63 / 3139.019*365
=129.37

Hunan Aihua Group 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
=( (1073.539 + 1142.313) / 2 ) / 765.001*365 / 4
=1107.926 / 765.001*365 / 4
=132.15

* 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 132.15 mean?
Hunan Aihua Group Co (SHSE:603989) has a Days Payable of 132.15 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 Hunan Aihua Group Co and its competitors. This is near median its historical median of 133.79. Over the past decade, Hunan Aihua Group Co's Days Payable has ranged from 113.20 to 148.92. According to the industry distribution chart, Hunan Aihua Group Co ranks #565 out of 2441 companies in the Hardware industry, placing it in the top 23.1%.
Is Hunan Aihua Group Co's Days Payable too high?
Hunan Aihua Group Co's current Days Payable of 132.15 is near median its 10-year median of 133.79. Over the past 10 years, this metric has ranged from a low of 113.20 to a high of 148.92. The Hardware industry median Days Payable is 69.89. Hunan Aihua Group Co's value of 132.15 is 89.1% above this industry median. Based on the distribution chart, Hunan Aihua Group Co ranks #565 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hunan Aihua Group Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Aihua Group Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Hunan Aihua Group Co ranks #565 out of 2441 companies for Days Payable. This places Hunan Aihua Group Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Hunan Aihua Group Co's value of 132.15 is 89.1% above this benchmark. Historically, Hunan Aihua Group Co's own Days Payable has ranged from 113.20 to 148.92 over the past decade. While the company's 10-year median is 133.79 vs. the industry median of 69.89, Hunan Aihua Group 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,441 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. Hunan Aihua Group Co's current Days Payable of 132.15 is 89.1% 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 Hunan Aihua Group Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Aihua Group Co's current Days Payable is 132.15, which is near median its own 10-year median of 133.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Aihua Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Aihua Group Co (SHSE:603989) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥18.50, compared to a current price of ¥28.86 — trading 56% above its estimated fair value. The current Days Payable is 132.15, which is near median its 10-year median of 133.79 and 89.1% above the Hardware industry median of 69.89. Hunan Aihua Group Co's overall GF Score™ is 64/100 with 4 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 Hunan Aihua Group Co (SHSE:603989), the current Days Payable is 132.15 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 Hunan Aihua Group Co (SHSE:603989) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Aihua Group Co stock appears to be overvalued. The current stock price of ¥28.86 is trading 56% above its estimated GF Value™ of ¥18.50. GuruFocus considers Hunan Aihua Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603989:

  • Days Payable: 132.15 (near median its 10-year median of 133.79)
  • GF Value™: ¥18.50 vs. price of ¥28.86 (56% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 89.1% above the Hardware median (#565 of 2441)

No single metric tells the full story. See the SHSE:603989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunan Aihua Group Co Business Description

Address East Taohualun Road, Hunan province, Yiyang, CHN, 413000
Hunan Aihua Group Co Ltd is engaged in the design, development, manufacturing, and sales of aluminium electrolytic capacitors and manufacturing of aluminium foil and machines.
64GF Score

Get the complete analysis for SHSE:603989

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

¥28.86
Price
¥18.50
GF Value