Shineroad International Holdings (HKSE:01587) Days Payable: 18.62 (As of Dec. 2025) — 32% Below Median

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HKSE:01587 Shineroad International Holdings Ltd HKSE:01587
63 GF Score
Price HK$0.50
GF Value HK$0.53
Valuation Fairly Valued
! 2 Warning Signs
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What is Shineroad International Holdings Days Payable?

Shineroad International Holdings HKSE:01587 63 Days Payable is 18.62 as of Dec. 2025, which is 32% below its 10-year median of 27.56. GuruFocus rates HKSE:01587 with a GF Score™ of 63/100 and a GF Value™ of HK$0.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 304 Retail - Defensive companies, Shineroad International Holdings ranks worse than 88.16% on this metric.

Shineroad International Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$30.8 Mil. Shineroad International Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$301.4 Mil. Hence, Shineroad International Holdings's Days Payable for the six months ended in Dec. 2025 was 18.62.

The historical rank and industry rank for Shineroad International Holdings's Days Payable or its related term are showing as below:

HKSE:01587' s Days Payable Range Over the Past 10 Years
Min: 19.28   Med: 27.56   Max: 32.5
Current: 19.29

During the past 11 years, Shineroad International Holdings's highest Days Payable was 32.50. The lowest was 19.28. And the median was 27.56.

HKSE:01587's Days Payable is ranked worse than
88.16% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.755 vs HKSE:01587: 19.29

Shineroad International Holdings's Days Payable increased from Dec. 2024 (16.60) to Dec. 2025 (18.62). It may suggest that Shineroad International Holdings delayed paying its suppliers.


Shineroad International Holdings Days Payable Related Terms


Shineroad International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Shineroad International 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.

Shineroad International Holdings Days Payable Chart

Shineroad International 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 24.61 32.50 25.95 19.45 19.28

Shineroad International Holdings Semi-Annual Data
Dec15 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 21.41 19.77 16.60 19.91 18.62

HKSE:01587 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Shineroad International 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.


Shineroad International Holdings Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Shineroad International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Shineroad International Holdings's Days Payable falls into.


HKSE:01587
63GF Score
Shineroad International Holdings Ltd HKSE:01587
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shineroad International 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.

Shineroad International 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
=( (30.95 + 30.975) / 2 ) / 586.142*365
=30.9625 / 586.142*365
=19.28

Shineroad International 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
=( (30.527 + 30.975) / 2 ) / 301.406*365 / 2
=30.751 / 301.406*365 / 2
=18.62

* 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 18.62 mean?
Shineroad International Holdings (HKSE:01587) has a Days Payable of 18.62 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 Shineroad International Holdings and its competitors. This is 32% below median its historical median of 27.56. Over the past decade, Shineroad International Holdings' Days Payable has ranged from 19.28 to 32.50. According to the industry distribution chart, Shineroad International Holdings ranks #268 out of 304 companies in the Retail - Defensive industry, placing it in the top 88.2%.
Is Shineroad International Holdings' Days Payable too high?
Shineroad International Holdings' current Days Payable of 18.62 is 32% below median its 10-year median of 27.56. Over the past 10 years, this metric has ranged from a low of 19.28 to a high of 32.50. The Retail - Defensive industry median Days Payable is 43.76. Shineroad International Holdings' value of 18.62 is 57.4% below this industry median. Based on the distribution chart, Shineroad International Holdings ranks #268 out of 304 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Shineroad International Holdings has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shineroad International Holdings' Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Shineroad International Holdings ranks #268 out of 304 companies for Days Payable. This places Shineroad International Holdings in the lower half of its industry. The industry median Days Payable is 43.76. Shineroad International Holdings' value of 18.62 is 57.4% below this benchmark. Historically, Shineroad International Holdings' own Days Payable has ranged from 19.28 to 32.50 over the past decade. While the company's 10-year median is 27.56 vs. the industry median of 43.76, Shineroad International 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 43.76, based on 304 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. Shineroad International Holdings's current Days Payable of 18.62 is 57.4% 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 Shineroad International Holdings and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shineroad International Holdings's current Days Payable is 18.62, which is 32% below median its own 10-year median of 27.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shineroad International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shineroad International Holdings (HKSE:01587) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$0.50 — trading 5.7% below its estimated fair value. The current Days Payable is 18.62, which is 32% below median its 10-year median of 27.56 and 57.4% below the Retail - Defensive industry median of 43.76. Shineroad International Holdings' overall GF Score™ is 63/100 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 Shineroad International Holdings (HKSE:01587), the current Days Payable is 18.62 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 Shineroad International Holdings (HKSE:01587) Overvalued in 2026?

Based on GuruFocus' analysis, Shineroad International Holdings stock appears to be undervalued. The current stock price of HK$0.50 is trading 5.7% below its estimated GF Value™ of HK$0.53. GuruFocus considers Shineroad International Holdings to be Fairly Valued.

Key valuation signals for HKSE:01587:

  • Days Payable: 18.62 (32% below median its 10-year median of 27.56)
  • GF Value™: HK$0.53 vs. price of HK$0.50 (5.7% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 57.4% below the Retail - Defensive median (#268 of 304)

No single metric tells the full story. See the HKSE:01587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shineroad International Holdings Business Description

Address Lane 1040, Caoyang Road, 25th Floor South, Block 1, Zhongyou Building, Putuo District, Shanghai, CHN
Shineroad International Holdings Ltd is a distributor in the food ingredients and additives distribution industry with the capabilities to provide food ingredients application solutions to its customers. The company supplies its extensive portfolio of various food ingredients and food additives to food manufacturers in the PRC, Vietnam, and Thailand. The company's products are classified into food ingredients, food additives, and packaging materials. The Company derives its revenue mainly from the distribution of food ingredients and food additives in the PRC.
63GF Score

Get the complete analysis for HKSE:01587

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

HK$0.50
Price
HK$0.53
GF Value