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SHSE:688379's Days Payable is ranked worse than 55.34% of 3007
companies
in the Industrial Products industry
Industry Median: 78.42
vs SHSE:688379: 69.59
* 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.
Hangzhou Huaguang Advanced Welding Materials Co Days Payable Chart
Hangzhou Huaguang Advanced Welding Materials Co Annual Data
* 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.
Hangzhou Huaguang Advanced Welding Materials Co Days Payable vs Industrial Products Industry
Hangzhou Huaguang Advanced Welding Materials 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.
Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) has a Days Payable of 67.98 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hangzhou Huaguang Advanced Welding Materials Co and its competitors. This is 311% above median its historical median of 16.55. Over the past decade, Hangzhou Huaguang Advanced Welding Materials Co's Days Payable has ranged from 11.43 to 69.59. According to the industry distribution chart, Hangzhou Huaguang Advanced Welding Materials Co ranks #1664 out of 3007 companies in the Industrial Products industry, placing it in the top 55.3%.
Is Hangzhou Huaguang Advanced Welding Materials Co's Days Payable too high?
Hangzhou Huaguang Advanced Welding Materials Co's current Days Payable of 67.98 is 311% above median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 11.43 to a high of 69.59. The Industrial Products industry median Days Payable is 78.42. Hangzhou Huaguang Advanced Welding Materials Co's value of 67.98 is 13.3% below this industry median. Based on the distribution chart, Hangzhou Huaguang Advanced Welding Materials Co ranks #1664 out of 3007 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hangzhou Huaguang Advanced Welding Materials Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Huaguang Advanced Welding Materials Co's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Hangzhou Huaguang Advanced Welding Materials Co ranks #1664 out of 3007 companies for Days Payable. This places Hangzhou Huaguang Advanced Welding Materials Co in the lower half of its industry. The industry median Days Payable is 78.42. Hangzhou Huaguang Advanced Welding Materials Co's value of 67.98 is 13.3% below this benchmark. Historically, Hangzhou Huaguang Advanced Welding Materials Co's own Days Payable has ranged from 11.43 to 69.59 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 78.42, Hangzhou Huaguang Advanced Welding Materials 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.42, based on 3,007 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. Hangzhou Huaguang Advanced Welding Materials Co's current Days Payable of 67.98 is 13.3% 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 Hangzhou Huaguang Advanced Welding Materials Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Huaguang Advanced Welding Materials Co's current Days Payable is 67.98, which is 311% above median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Huaguang Advanced Welding Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥44.65, compared to a current price of ¥56.50 — trading 26.5% above its estimated fair value. The current Days Payable is 67.98, which is 311% above median its 10-year median of 16.55 and 13.3% below the Industrial Products industry median of 78.42. Hangzhou Huaguang Advanced Welding Materials Co's overall GF Score™ is 86/100 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379), the current Days Payable is 67.98 as of Jun. 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co stock appears to be overvalued.
The current stock price of ¥56.50 is trading 26.5% above its estimated GF Value™ of ¥44.65.
GuruFocus considers Hangzhou Huaguang Advanced Welding Materials Co to be Modestly Overvalued.
Key valuation signals for SHSE:688379:
Days Payable: 67.98 (311% above median its 10-year median of 16.55)
GF Value™: ¥44.65 vs. price of ¥56.50 (26.5% above fair value)
Industry Position: 13.3% below the Industrial Products median (#1664 of 3007)
No single metric tells the full story. See the SHSE:688379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Huaguang Advanced Welding Materials Co Ltd is engaged in production and sales of brazing materials. The company specialises in the research and fabrication of a broad range of welding materials as well as providing the customers with total welding solutions. It produces copper-based and silver-based welding materials in the forms of rods, rings, wires, strips, foils, powder, paste, flux-cored and flux-coated with over 2,800 specifications. The products are widely applied to the industry of refrigeration, household appliances, machinery, electric appliances, aeronautics, petrochemical, automobiles, tools, hard alloys, measurements, new energy equipment, bathroom facilities, railroad systems, among others.
86GF Score
Get the complete analysis for SHSE:688379
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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