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What is Changzhou Shichuang Energy Co Days Payable?
Changzhou Shichuang Energy CoSHSE:688429 +3.30%60 Days Payable is 295.08 as of Mar. 2026, which is 108% above its 10-year median of 141.71. GuruFocus rates SHSE:688429 with a GF Score™ of 60/100 and a GF Value™ of ¥19.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,995 Industrial Products companies, Changzhou Shichuang Energy Co ranks better than 90.65% on this metric.
The historical rank and industry rank for Changzhou Shichuang Energy Co's Days Payable or its related term are showing as below:
SHSE:688429'
s Days Payable Range Over the Past 10 Years
Min: 92.14 Med: 141.71 Max: 296.66
Current: 240.21
During the past 7 years, Changzhou Shichuang Energy Co's highest Days Payable was 296.66. The lowest was 92.14. And the median was 141.71.
SHSE:688429's Days Payable is ranked better than 90.65% of 2995
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:688429: 240.21
* 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.
SHSE:688429 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Changzhou Shichuang Energy 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.
Changzhou Shichuang Energy Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changzhou Shichuang Energy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Changzhou Shichuang Energy Co's Days Payable falls into.
Changzhou Shichuang Energy 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.
Changzhou Shichuang Energy Co (SHSE:688429) has a Days Payable of 295.08 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 Changzhou Shichuang Energy Co and its competitors. This is 108% above median its historical median of 141.71. Over the past decade, Changzhou Shichuang Energy Co's Days Payable has ranged from 92.14 to 296.66. According to the industry distribution chart, Changzhou Shichuang Energy Co ranks #280 out of 2995 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Changzhou Shichuang Energy Co's Days Payable too high?
Changzhou Shichuang Energy Co's current Days Payable of 295.08 is 108% above median its 10-year median of 141.71. Over the past 10 years, this metric has ranged from a low of 92.14 to a high of 296.66. The Industrial Products industry median Days Payable is 78.05. Changzhou Shichuang Energy Co's value of 295.08 is 278.1% above this industry median. Based on the distribution chart, Changzhou Shichuang Energy Co ranks #280 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Shichuang Energy Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changzhou Shichuang Energy Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Changzhou Shichuang Energy Co ranks #280 out of 2995 companies for Days Payable. This places Changzhou Shichuang Energy Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Changzhou Shichuang Energy Co's value of 295.08 is 278.1% above this benchmark. Historically, Changzhou Shichuang Energy Co's own Days Payable has ranged from 92.14 to 296.66 over the past decade. While the company's 10-year median is 141.71 vs. the industry median of 78.05, Changzhou Shichuang Energy 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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. Changzhou Shichuang Energy Co's current Days Payable of 295.08 is 278.1% 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 Changzhou Shichuang Energy Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Shichuang Energy Co's current Days Payable is 295.08, which is 108% above median its own 10-year median of 141.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Shichuang Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Shichuang Energy Co (SHSE:688429) is currently considered Possible Value Trap. The stock's GF Value™ is ¥19.93, compared to a current price of ¥9.07 — trading 54.5% below its estimated fair value. The current Days Payable is 295.08, which is 108% above median its 10-year median of 141.71 and 278.1% above the Industrial Products industry median of 78.05. Changzhou Shichuang Energy Co's overall GF Score™ is 60/100 with 6 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 Changzhou Shichuang Energy Co (SHSE:688429), the current Days Payable is 295.08 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 Changzhou Shichuang Energy Co (SHSE:688429) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Shichuang Energy Co stock appears to be undervalued.
The current stock price of ¥9.07 is trading 54.5% below its estimated GF Value™ of ¥19.93.
GuruFocus considers Changzhou Shichuang Energy Co to be Possible Value Trap.
Key valuation signals for SHSE:688429:
Days Payable: 295.08 (108% above median its 10-year median of 141.71)
GF Value™: ¥19.93 vs. price of ¥9.07 (54.5% below fair value)
Industry Position: 278.1% above the Industrial Products median (#280 of 2995)
No single metric tells the full story. See the SHSE:688429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Shichuang Energy Co Business Description
Changzhou Shichuang Energy Co Ltd is engaged in Research and development, production and sales of photovoltaic wet process auxiliary products, photovoltaic equipment and photovoltaic cells. The company's auxiliary products include texturing auxiliary products, polishing auxiliary products, cleaning auxiliary products, etc., which are mainly used for texturing, etching and polishing, cleaning and other links in the production of photovoltaic cells.
60GF Score
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