USAS Building System (Shanghai) Co (HKSE:02671) Days Payable: 153.81 (As of Dec. 2025) — 41% Above Median

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HKSE:02671 USAS Building System (Shanghai) Co Ltd HKSE:02671
19 GF Score
Price HK$4.10
! 2 Warning Signs
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What is USAS Building System (Shanghai) Co Days Payable?

USAS Building System (Shanghai) Co HKSE:02671 19 Days Payable is 153.81 as of Dec. 2025, which is 41% above its 10-year median of 109.39. GuruFocus rates HKSE:02671 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,571 Real Estate companies, USAS Building System (Shanghai) Co ranks better than 54.11% on this metric.

USAS Building System (Shanghai) Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$731 Mil. USAS Building System (Shanghai) Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$867 Mil. Hence, USAS Building System (Shanghai) Co's Days Payable for the six months ended in Dec. 2025 was 153.81.

The historical rank and industry rank for USAS Building System (Shanghai) Co's Days Payable or its related term are showing as below:

HKSE:02671' s Days Payable Range Over the Past 10 Years
Min: 81.66   Med: 109.39   Max: 124.63
Current: 107.23

During the past 4 years, USAS Building System (Shanghai) Co's highest Days Payable was 124.63. The lowest was 81.66. And the median was 109.39.

HKSE:02671's Days Payable is ranked better than
54.11% of 1571 companies
in the Real Estate industry
Industry Median: 92.71 vs HKSE:02671: 107.23

USAS Building System (Shanghai) Co's Days Payable increased from Dec. 2024 (103.41) to Dec. 2025 (153.81). It may suggest that USAS Building System (Shanghai) Co delayed paying its suppliers.


USAS Building System (Shanghai) Co Days Payable Related Terms


USAS Building System (Shanghai) Co Days Payable Historical Data

* Premium members only.

The historical data trend for USAS Building System (Shanghai) 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.

USAS Building System (Shanghai) Co Days Payable Chart

USAS Building System (Shanghai) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
81.66 114.77 124.63 104.01

USAS Building System (Shanghai) Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 165.02 103.41 80.39 153.81

USAS Building System (Shanghai) Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, USAS Building System (Shanghai) 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.


USAS Building System (Shanghai) Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, USAS Building System (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where USAS Building System (Shanghai) Co's Days Payable falls into.


HKSE:02671
19GF Score
USAS Building System (Shanghai) Co Ltd HKSE:02671
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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USAS Building System (Shanghai) 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.

USAS Building System (Shanghai) 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
=( (534.485 + 764.927) / 2 ) / 2280.091*365
=649.706 / 2280.091*365
=104.01

USAS Building System (Shanghai) Co'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
=( (696.996 + 764.927) / 2 ) / 867.326*365 / 2
=730.9615 / 867.326*365 / 2
=153.81

* 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 153.81 mean?
USAS Building System (Shanghai) Co (HKSE:02671) has a Days Payable of 153.81 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 USAS Building System (Shanghai) Co and its competitors. This is 41% above median its historical median of 109.39. Over the past decade, USAS Building System (Shanghai) Co's Days Payable has ranged from 81.66 to 124.63. According to the industry distribution chart, USAS Building System (Shanghai) Co ranks #721 out of 1571 companies in the Real Estate industry, placing it in the top 45.9%.
Is USAS Building System (Shanghai) Co's Days Payable too high?
USAS Building System (Shanghai) Co's current Days Payable of 153.81 is 41% above median its 10-year median of 109.39. Over the past 10 years, this metric has ranged from a low of 81.66 to a high of 124.63. The Real Estate industry median Days Payable is 92.71. USAS Building System (Shanghai) Co's value of 153.81 is 65.9% above this industry median. Based on the distribution chart, USAS Building System (Shanghai) Co ranks #721 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, USAS Building System (Shanghai) Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does USAS Building System (Shanghai) Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, USAS Building System (Shanghai) Co ranks #721 out of 1571 companies for Days Payable. This puts USAS Building System (Shanghai) Co in the upper half of its industry. The industry median Days Payable is 92.71. USAS Building System (Shanghai) Co's value of 153.81 is 65.9% above this benchmark. Historically, USAS Building System (Shanghai) Co's own Days Payable has ranged from 81.66 to 124.63 over the past decade. While the company's 10-year median is 109.39 vs. the industry median of 92.71, USAS Building System (Shanghai) 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.71, based on 1,571 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. USAS Building System (Shanghai) Co's current Days Payable of 153.81 is 65.9% 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 USAS Building System (Shanghai) Co and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. USAS Building System (Shanghai) Co's current Days Payable is 153.81, which is 41% above median its own 10-year median of 109.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USAS Building System (Shanghai) Co stock overvalued right now?
USAS Building System (Shanghai) Co (HKSE:02671) has a current Days Payable of 153.81. The current Days Payable is 153.81, which is 41% above median its 10-year median of 109.39 and 65.9% above the Real Estate industry median of 92.71. USAS Building System (Shanghai) Co's overall GF Score™ is 19/100 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 USAS Building System (Shanghai) Co (HKSE:02671), the current Days Payable is 153.81 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.

USAS Building System (Shanghai) Co Business Description

Address No. 208, Jiangtian East Road, Songjiang District, Shanghai, CHN, 201613
USAS Building System (Shanghai) Co Ltd is engaged in prefabricated steel structure building (PS Building). The Company is an integrated prefabricated steel structure building subcontracting service provider in the industrial sector of the PS building market. It offers integrated services for construction projects across industries, covering project design and optimization, procurement, manufacturing and installation. The Company is mainly engaged in the construction of PS buildings in the PRC, and to a lesser extent, overseas. Its business categories are PS building subcontracting services generate maximum revenue, general contracting services, and industrial environmental equipment. The Company generates maximum revenue from Mainland China.
19GF Score

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HK$4.10
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