Henan Lantian Gas Co (SHSE:605368) Days Payable: 15.23 (As of Mar. 2026) — 42% Below Median

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SHSE:605368 Henan Lantian Gas Co Ltd SHSE:605368
66 GF Score
Price ¥6.65
GF Value ¥8.61
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Henan Lantian Gas Co Days Payable?

Henan Lantian Gas Co SHSE:605368 +1.53% 66 Days Payable is 15.23 as of Mar. 2026, which is 42% below its 10-year median of 26.19. GuruFocus rates SHSE:605368 with a GF Score™ of 66/100 and a GF Value™ of ¥8.61 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 482 Utilities - Regulated companies, Henan Lantian Gas Co ranks worse than 90.25% on this metric.

Henan Lantian Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥175 Mil. Henan Lantian Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,046 Mil. Hence, Henan Lantian Gas Co's Days Payable for the three months ended in Mar. 2026 was 15.23.

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

SHSE:605368' s Days Payable Range Over the Past 10 Years
Min: 20.96   Med: 26.19   Max: 36.67
Current: 22.25

During the past 13 years, Henan Lantian Gas Co's highest Days Payable was 36.67. The lowest was 20.96. And the median was 26.19.

SHSE:605368's Days Payable is ranked worse than
90.25% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.32 vs SHSE:605368: 22.25

Henan Lantian Gas Co's Days Payable declined from Mar. 2025 (18.76) to Mar. 2026 (15.23). It may suggest that Henan Lantian Gas Co accelerated paying its suppliers.


Henan Lantian Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Henan Lantian 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.

Henan Lantian Gas Co Days Payable Chart

Henan Lantian 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 32.44 33.57 27.22 20.96 21.42

Henan Lantian 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 18.76 29.23 27.80 19.51 15.23

SHSE:605368 vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Henan Lantian 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.


Henan Lantian Gas Co Days Payable vs Utilities - Regulated Industry

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

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


SHSE:605368
66GF Score
Henan Lantian Gas Co Ltd SHSE:605368
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Henan Lantian 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.

Henan Lantian 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
=( (228.747 + 170.237) / 2 ) / 3398.821*365
=199.492 / 3398.821*365
=21.42

Henan Lantian 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
=( (170.237 + 178.979) / 2 ) / 1045.842*365 / 4
=174.608 / 1045.842*365 / 4
=15.23

* 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 15.23 mean?
Henan Lantian Gas Co (SHSE:605368) has a Days Payable of 15.23 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 Henan Lantian Gas Co and its competitors. This is 42% below median its historical median of 26.19. Over the past decade, Henan Lantian Gas Co's Days Payable has ranged from 20.96 to 36.67. According to the industry distribution chart, Henan Lantian Gas Co ranks #435 out of 482 companies in the Utilities - Regulated industry, placing it in the top 90.2%.
Is Henan Lantian Gas Co's Days Payable too high?
Henan Lantian Gas Co's current Days Payable of 15.23 is 42% below median its 10-year median of 26.19. Over the past 10 years, this metric has ranged from a low of 20.96 to a high of 36.67. The Utilities - Regulated industry median Days Payable is 70.32. Henan Lantian Gas Co's value of 15.23 is 78.3% below this industry median. Based on the distribution chart, Henan Lantian Gas Co ranks #435 out of 482 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Henan Lantian Gas Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Lantian Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Henan Lantian Gas Co ranks #435 out of 482 companies for Days Payable. This places Henan Lantian Gas Co in the lower half of its industry. The industry median Days Payable is 70.32. Henan Lantian Gas Co's value of 15.23 is 78.3% below this benchmark. Historically, Henan Lantian Gas Co's own Days Payable has ranged from 20.96 to 36.67 over the past decade. While the company's 10-year median is 26.19 vs. the industry median of 70.32, Henan Lantian 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 70.32, 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. Henan Lantian Gas Co's current Days Payable of 15.23 is 78.3% 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 Henan Lantian Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Lantian Gas Co's current Days Payable is 15.23, which is 42% below median its own 10-year median of 26.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Lantian Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Lantian Gas Co (SHSE:605368) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.61, compared to a current price of ¥6.65 — trading 22.8% below its estimated fair value. The current Days Payable is 15.23, which is 42% below median its 10-year median of 26.19 and 78.3% below the Utilities - Regulated industry median of 70.32. Henan Lantian Gas Co's overall GF Score™ is 66/100 with 8 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 Henan Lantian Gas Co (SHSE:605368), the current Days Payable is 15.23 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 Henan Lantian Gas Co (SHSE:605368) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Lantian Gas Co stock appears to be undervalued. The current stock price of ¥6.65 is trading 22.8% below its estimated GF Value™ of ¥8.61. GuruFocus considers Henan Lantian Gas Co to be Modestly Undervalued.

Key valuation signals for SHSE:605368:

  • Days Payable: 15.23 (42% below median its 10-year median of 26.19)
  • GF Value™: ¥8.61 vs. price of ¥6.65 (22.8% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 78.3% below the Utilities - Regulated median (#435 of 482)

No single metric tells the full story. See the SHSE:605368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Lantian Gas Co Business Description

Address West of North Section of Production Stree, Henan Province, Queshan County, Zhumadian, CHN, 463200
Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.
66GF Score

Get the complete analysis for SHSE:605368

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

¥6.65
Price
¥8.61
GF Value