Xinjiang Hongtong Gas Co (SHSE:605169) Days Payable: 23.47 (As of Mar. 2026) — 54% Below Median

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SHSE:605169 Xinjiang Hongtong Gas Co Ltd SHSE:605169
81 GF Score
Price ¥9.64
GF Value ¥14.17
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Xinjiang Hongtong Gas Co Days Payable?

Xinjiang Hongtong Gas Co SHSE:605169 -0.82% 81 Days Payable is 23.47 as of Mar. 2026, which is 54% below its 10-year median of 50.52. GuruFocus rates SHSE:605169 with a GF Score™ of 81/100 and a GF Value™ of ¥14.17 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 482 Utilities - Regulated companies, Xinjiang Hongtong Gas Co ranks worse than 92.74% on this metric.

Xinjiang Hongtong Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥129 Mil. Xinjiang Hongtong Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥502 Mil. Hence, Xinjiang Hongtong Gas Co's Days Payable for the three months ended in Mar. 2026 was 23.47.

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

SHSE:605169' s Days Payable Range Over the Past 10 Years
Min: 18.55   Med: 50.52   Max: 73.1
Current: 19.01

During the past 10 years, Xinjiang Hongtong Gas Co's highest Days Payable was 73.10. The lowest was 18.55. And the median was 50.52.

SHSE:605169's Days Payable is ranked worse than
92.74% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs SHSE:605169: 19.01

Xinjiang Hongtong Gas Co's Days Payable increased from Mar. 2025 (22.58) to Mar. 2026 (23.47). It may suggest that Xinjiang Hongtong Gas Co delayed paying its suppliers.


Xinjiang Hongtong Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xinjiang Hongtong Gas 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.

Xinjiang Hongtong Gas Co Days Payable Chart

Xinjiang Hongtong Gas 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 70.73 73.10 53.62 28.74 18.55

Xinjiang Hongtong Gas 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 22.58 18.14 18.69 17.69 23.47

SHSE:605169 vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Xinjiang Hongtong Gas 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.


Xinjiang Hongtong Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Hongtong Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xinjiang Hongtong Gas Co's Days Payable falls into.


SHSE:605169
81GF Score
Xinjiang Hongtong Gas Co Ltd SHSE:605169
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinjiang Hongtong Gas 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.

Xinjiang Hongtong Gas 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
=( (149.3 + 131.632) / 2 ) / 2764.401*365
=140.466 / 2764.401*365
=18.55

Xinjiang Hongtong Gas 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
=( (131.632 + 126.887) / 2 ) / 502.45*365 / 4
=129.2595 / 502.45*365 / 4
=23.47

* 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 23.47 mean?
Xinjiang Hongtong Gas Co (SHSE:605169) has a Days Payable of 23.47 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 Xinjiang Hongtong Gas Co and its competitors. This is 54% below median its historical median of 50.52. Over the past decade, Xinjiang Hongtong Gas Co's Days Payable has ranged from 18.55 to 73.10. According to the industry distribution chart, Xinjiang Hongtong Gas Co ranks #447 out of 482 companies in the Utilities - Regulated industry, placing it in the top 92.7%.
Is Xinjiang Hongtong Gas Co's Days Payable too high?
Xinjiang Hongtong Gas Co's current Days Payable of 23.47 is 54% below median its 10-year median of 50.52. Over the past 10 years, this metric has ranged from a low of 18.55 to a high of 73.10. The Utilities - Regulated industry median Days Payable is 70.11. Xinjiang Hongtong Gas Co's value of 23.47 is 66.5% below this industry median. Based on the distribution chart, Xinjiang Hongtong Gas Co ranks #447 out of 482 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Xinjiang Hongtong Gas Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Hongtong Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Xinjiang Hongtong Gas Co ranks #447 out of 482 companies for Days Payable. This places Xinjiang Hongtong Gas Co in the lower half of its industry. The industry median Days Payable is 70.11. Xinjiang Hongtong Gas Co's value of 23.47 is 66.5% below this benchmark. Historically, Xinjiang Hongtong Gas Co's own Days Payable has ranged from 18.55 to 73.10 over the past decade. While the company's 10-year median is 50.52 vs. the industry median of 70.11, Xinjiang Hongtong Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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. Xinjiang Hongtong Gas Co's current Days Payable of 23.47 is 66.5% 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 Xinjiang Hongtong Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Hongtong Gas Co's current Days Payable is 23.47, which is 54% below median its own 10-year median of 50.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Hongtong Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Hongtong Gas Co (SHSE:605169) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥14.17, compared to a current price of ¥9.64 — trading 32% below its estimated fair value. The current Days Payable is 23.47, which is 54% below median its 10-year median of 50.52 and 66.5% below the Utilities - Regulated industry median of 70.11. Xinjiang Hongtong Gas Co's overall GF Score™ is 81/100 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 Xinjiang Hongtong Gas Co (SHSE:605169), the current Days Payable is 23.47 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 Xinjiang Hongtong Gas Co (SHSE:605169) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Hongtong Gas Co stock appears to be undervalued. The current stock price of ¥9.64 is trading 32% below its estimated GF Value™ of ¥14.17. GuruFocus considers Xinjiang Hongtong Gas Co to be Significantly Undervalued.

Key valuation signals for SHSE:605169:

  • Days Payable: 23.47 (54% below median its 10-year median of 50.52)
  • GF Value™: ¥14.17 vs. price of ¥9.64 (32% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 66.5% below the Utilities - Regulated median (#447 of 482)

No single metric tells the full story. See the SHSE:605169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Hongtong Gas Co Business Description

Address Renmin East Road, Korla City, Bazhou, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 841000
Xinjiang Hongtong Gas Co Ltd is engaged in production, processing, storage, transportation and sales of LNG and CNG, as well as sales of residential, commercial and industrial natural gas.
81GF Score

Get the complete analysis for SHSE:605169

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

¥9.64
Price
¥14.17
GF Value