China Shun Ke Long Holdings (HKSE:00974) Days Payable: 41.87 (As of Dec. 2025) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00974 China Shun Ke Long Holdings Ltd HKSE:00974
36 GF Score
Price HK$0.82
GF Value HK$0.66
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is China Shun Ke Long Holdings Days Payable?

China Shun Ke Long Holdings HKSE:00974 +7.89% 36 Days Payable is 41.87 as of Dec. 2025, which is 19% below its 10-year median of 51.83. GuruFocus rates HKSE:00974 with a GF Score™ of 36/100 and a GF Value™ of HK$0.66 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 305 Retail - Defensive companies, China Shun Ke Long Holdings ranks better than 52.46% on this metric.

China Shun Ke Long Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$52.8 Mil. China Shun Ke Long Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$230.0 Mil. Hence, China Shun Ke Long Holdings's Days Payable for the six months ended in Dec. 2025 was 41.87.

The historical rank and industry rank for China Shun Ke Long Holdings's Days Payable or its related term are showing as below:

HKSE:00974' s Days Payable Range Over the Past 10 Years
Min: 45.99   Med: 51.83   Max: 62.25
Current: 45.99

During the past 12 years, China Shun Ke Long Holdings's highest Days Payable was 62.25. The lowest was 45.99. And the median was 51.83.

HKSE:00974's Days Payable is ranked better than
52.46% of 305 companies
in the Retail - Defensive industry
Industry Median: 43.94 vs HKSE:00974: 45.99

China Shun Ke Long Holdings's Days Payable declined from Dec. 2024 (49.57) to Dec. 2025 (41.87). It may suggest that China Shun Ke Long Holdings accelerated paying its suppliers.


China Shun Ke Long Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Shun Ke Long Holdings'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.

China Shun Ke Long Holdings Days Payable Chart

China Shun Ke Long Holdings 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 51.65 62.25 55.70 51.45 47.08

China Shun Ke Long Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 46.94 50.53 49.57 48.64 41.87

HKSE:00974 vs KR: Days Payable Comparison

For the Grocery Stores subindustry, China Shun Ke Long Holdings'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.


China Shun Ke Long Holdings Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Shun Ke Long Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Shun Ke Long Holdings's Days Payable falls into.


HKSE:00974
36GF Score
China Shun Ke Long Holdings Ltd HKSE:00974
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Shun Ke Long Holdings 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.

China Shun Ke Long Holdings'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
=( (71.097 + 50.101) / 2 ) / 469.848*365
=60.599 / 469.848*365
=47.08

China Shun Ke Long Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (55.428 + 50.101) / 2 ) / 229.97*365 / 2
=52.7645 / 229.97*365 / 2
=41.87

* 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 41.87 mean?
China Shun Ke Long Holdings (HKSE:00974) has a Days Payable of 41.87 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Shun Ke Long Holdings and its competitors. This is 19% below median its historical median of 51.83. Over the past decade, China Shun Ke Long Holdings' Days Payable has ranged from 45.99 to 62.25. According to the industry distribution chart, China Shun Ke Long Holdings ranks #145 out of 305 companies in the Retail - Defensive industry, placing it in the top 47.5%.
Is China Shun Ke Long Holdings' Days Payable too high?
China Shun Ke Long Holdings' current Days Payable of 41.87 is 19% below median its 10-year median of 51.83. Over the past 10 years, this metric has ranged from a low of 45.99 to a high of 62.25. The Retail - Defensive industry median Days Payable is 43.94. China Shun Ke Long Holdings' value of 41.87 is 4.7% below this industry median. Based on the distribution chart, China Shun Ke Long Holdings ranks #145 out of 305 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, China Shun Ke Long Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Shun Ke Long Holdings' Days Payable compare to KR?
According to the Retail - Defensive industry distribution chart, China Shun Ke Long Holdings ranks #145 out of 305 companies for Days Payable. This puts China Shun Ke Long Holdings in the upper half of its industry. The industry median Days Payable is 43.94. China Shun Ke Long Holdings' value of 41.87 is 4.7% below this benchmark. Historically, China Shun Ke Long Holdings' own Days Payable has ranged from 45.99 to 62.25 over the past decade. While the company's 10-year median is 51.83 vs. the industry median of 43.94, China Shun Ke Long Holdings 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 a Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 305 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. China Shun Ke Long Holdings's current Days Payable of 41.87 is 4.7% 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 China Shun Ke Long Holdings and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Shun Ke Long Holdings's current Days Payable is 41.87, which is 19% below median its own 10-year median of 51.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shun Ke Long Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Shun Ke Long Holdings (HKSE:00974) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.66, compared to a current price of HK$0.82 — trading 24.2% above its estimated fair value. The current Days Payable is 41.87, which is 19% below median its 10-year median of 51.83 and 4.7% below the Retail - Defensive industry median of 43.94. China Shun Ke Long Holdings' overall GF Score™ is 36/100 with 7 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 China Shun Ke Long Holdings (HKSE:00974), the current Days Payable is 41.87 as of Dec. 2025. 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 China Shun Ke Long Holdings (HKSE:00974) Overvalued in 2026?

Based on GuruFocus' analysis, China Shun Ke Long Holdings stock appears to be overvalued. The current stock price of HK$0.82 is trading 24.2% above its estimated GF Value™ of HK$0.66. GuruFocus considers China Shun Ke Long Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:00974:

  • Days Payable: 41.87 (19% below median its 10-year median of 51.83)
  • GF Value™: HK$0.66 vs. price of HK$0.82 (24.2% above fair value)
  • GF Score™: 36/100 with 7 warning signs
  • Industry Position: 4.7% below the Retail - Defensive median (#145 of 305)

No single metric tells the full story. See the HKSE:00974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Shun Ke Long Holdings Business Description

Address No. 60 Hebin North Road, Huale Building, Floor 2nd, Lecong Town, Shunde District, Guangdong Province, Foshan, CHN
China Shun Ke Long Holdings Ltd is an investment holding company. The Company is a supermarket chain store operator with geographical focus in Guangdong province of the People's Republic of China (the PRC) and maintains both retail and wholesale distribution channels. The company operates through two segments: Retail Outlet Operation segment which includes sales of fresh food, non-staple food and household products; and Wholesale distribution which includes sales of fast consumable products and non-staple food. The majority of revenue comes from Retail Outlet Operation segment. The company generates revenue from The PRC.
36GF Score

Get the complete analysis for HKSE:00974

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

HK$0.82
Price
HK$0.66
GF Value