Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) Days Payable: 279.54 (As of Mar. 2026) — 39% Above Median


SHSE:688569 Beijing Tieke Shougang Railway-Tech Co Ltd SHSE:688569
80 GF Score
Price ¥16.80
GF Value ¥22.24
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Beijing Tieke Shougang Railway-Tech Co Days Payable?

Beijing Tieke Shougang Railway-Tech Co SHSE:688569 -0.47% 80 Days Payable is 279.54 as of Mar. 2026, which is 39% above its 10-year median of 201.57. GuruFocus rates SHSE:688569 with a GF Score™ of 80/100 and a GF Value™ of ¥22.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 968 Transportation companies, Beijing Tieke Shougang Railway-Tech Co ranks better than 92.36% on this metric.

Beijing Tieke Shougang Railway-Tech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥463 Mil. Beijing Tieke Shougang Railway-Tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥151 Mil. Hence, Beijing Tieke Shougang Railway-Tech Co's Days Payable for the three months ended in Mar. 2026 was 279.54.

The historical rank and industry rank for Beijing Tieke Shougang Railway-Tech Co's Days Payable or its related term are showing as below:

SHSE:688569' s Days Payable Range Over the Past 10 Years
Min: 161.39   Med: 201.57   Max: 303.77
Current: 203.72

During the past 10 years, Beijing Tieke Shougang Railway-Tech Co's highest Days Payable was 303.77. The lowest was 161.39. And the median was 201.57.

SHSE:688569's Days Payable is ranked better than
92.36% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs SHSE:688569: 203.72

Beijing Tieke Shougang Railway-Tech Co's Days Payable declined from Mar. 2025 (339.77) to Mar. 2026 (279.54). It may suggest that Beijing Tieke Shougang Railway-Tech Co accelerated paying its suppliers.


Beijing Tieke Shougang Railway-Tech Co Days Payable Related Terms


Beijing Tieke Shougang Railway-Tech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing Tieke Shougang Railway-Tech 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.

Beijing Tieke Shougang Railway-Tech Co Days Payable Chart

Beijing Tieke Shougang Railway-Tech 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 161.39 200.61 199.14 214.23 235.97

Beijing Tieke Shougang Railway-Tech 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 339.77 214.00 232.99 148.47 279.54

SHSE:688569 vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, Beijing Tieke Shougang Railway-Tech 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.


Beijing Tieke Shougang Railway-Tech Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Beijing Tieke Shougang Railway-Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Tieke Shougang Railway-Tech Co's Days Payable falls into.


SHSE:688569
80GF Score
Beijing Tieke Shougang Railway-Tech Co Ltd SHSE:688569
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Tieke Shougang Railway-Tech 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.

Beijing Tieke Shougang Railway-Tech 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
=( (471.02 + 484.47) / 2 ) / 738.976*365
=477.745 / 738.976*365
=235.97

Beijing Tieke Shougang Railway-Tech 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
=( (484.47 + 440.842) / 2 ) / 151.026*365 / 4
=462.656 / 151.026*365 / 4
=279.54

* 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 279.54 mean?
Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) has a Days Payable of 279.54 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 Beijing Tieke Shougang Railway-Tech Co and its competitors. This is 39% above median its historical median of 201.57. Over the past decade, Beijing Tieke Shougang Railway-Tech Co's Days Payable has ranged from 161.39 to 303.77. According to the industry distribution chart, Beijing Tieke Shougang Railway-Tech Co ranks #74 out of 968 companies in the Transportation industry, placing it in the top 7.6%.
Is Beijing Tieke Shougang Railway-Tech Co's Days Payable too high?
Beijing Tieke Shougang Railway-Tech Co's current Days Payable of 279.54 is 39% above median its 10-year median of 201.57. Over the past 10 years, this metric has ranged from a low of 161.39 to a high of 303.77. The Transportation industry median Days Payable is 38.80. Beijing Tieke Shougang Railway-Tech Co's value of 279.54 is 620.5% above this industry median. Based on the distribution chart, Beijing Tieke Shougang Railway-Tech Co ranks #74 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing Tieke Shougang Railway-Tech Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tieke Shougang Railway-Tech Co's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Beijing Tieke Shougang Railway-Tech Co ranks #74 out of 968 companies for Days Payable. This places Beijing Tieke Shougang Railway-Tech Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.80. Beijing Tieke Shougang Railway-Tech Co's value of 279.54 is 620.5% above this benchmark. Historically, Beijing Tieke Shougang Railway-Tech Co's own Days Payable has ranged from 161.39 to 303.77 over the past decade. While the company's 10-year median is 201.57 vs. the industry median of 38.80, Beijing Tieke Shougang Railway-Tech 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 Transportation company?
The median Days Payable among Transportation companies is 38.80, based on 968 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. Beijing Tieke Shougang Railway-Tech Co's current Days Payable of 279.54 is 620.5% 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 Beijing Tieke Shougang Railway-Tech Co and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tieke Shougang Railway-Tech Co's current Days Payable is 279.54, which is 39% above median its own 10-year median of 201.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tieke Shougang Railway-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.24, compared to a current price of ¥16.80 — trading 24.5% below its estimated fair value. The current Days Payable is 279.54, which is 39% above median its 10-year median of 201.57 and 620.5% above the Transportation industry median of 38.80. Beijing Tieke Shougang Railway-Tech Co's overall GF Score™ is 80/100 with 2 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 Beijing Tieke Shougang Railway-Tech Co (SHSE:688569), the current Days Payable is 279.54 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 Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Tieke Shougang Railway-Tech Co stock appears to be undervalued. The current stock price of ¥16.80 is trading 24.5% below its estimated GF Value™ of ¥22.24. GuruFocus considers Beijing Tieke Shougang Railway-Tech Co to be Modestly Undervalued.

Key valuation signals for SHSE:688569:

  • Days Payable: 279.54 (39% above median its 10-year median of 201.57)
  • GF Value™: ¥22.24 vs. price of ¥16.80 (24.5% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 620.5% above the Transportation median (#74 of 968)

No single metric tells the full story. See the SHSE:688569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Tieke Shougang Railway-Tech Co Business Description

Address No. 24, South Shayang Road, Shahe Town, Changping District, Beijing, CHN, 102206
Beijing Tieke Shougang Railway-Tech Co Ltd is engaged in production and sales of high-speed rail public engineering products with high-speed rail fasteners as the core. The company produces railway fastener systems, low-relaxation prestressed steel rods, prestressed steel wires, bridge supports; general freight; product quality inspection; professional contracting.
80GF Score

Get the complete analysis for SHSE:688569

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

¥16.80
Price
¥22.24
GF Value