Shenglong Splendecor International (HKSE:08481) Days Payable: 56.88 (As of Dec. 2025) — 56% Below Median

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HKSE:08481 Shenglong Splendecor International Ltd HKSE:08481
56 GF Score
Price HK$0.41
GF Value HK$0.50
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shenglong Splendecor International Days Payable?

Shenglong Splendecor International HKSE:08481 +30.16% 56 Days Payable is 56.88 as of Dec. 2025, which is 56% below its 10-year median of 129.91. GuruFocus rates HKSE:08481 with a GF Score™ of 56/100 and a GF Value™ of HK$0.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 275 Forest Products companies, Shenglong Splendecor International ranks better than 68% on this metric.

Shenglong Splendecor International's average Accounts Payable for the six months ended in Dec. 2025 was HK$67.6 Mil. Shenglong Splendecor International's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$216.9 Mil. Hence, Shenglong Splendecor International's Days Payable for the six months ended in Dec. 2025 was 56.88.

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

HKSE:08481' s Days Payable Range Over the Past 10 Years
Min: 78.43   Med: 129.91   Max: 231.59
Current: 78.43

During the past 12 years, Shenglong Splendecor International's highest Days Payable was 231.59. The lowest was 78.43. And the median was 129.91.

HKSE:08481's Days Payable is ranked better than
68% of 275 companies
in the Forest Products industry
Industry Median: 56.46 vs HKSE:08481: 78.43

Shenglong Splendecor International's Days Payable declined from Dec. 2024 (84.01) to Dec. 2025 (56.88). It may suggest that Shenglong Splendecor International accelerated paying its suppliers.


Shenglong Splendecor International Days Payable Related Terms


Shenglong Splendecor International Days Payable Historical Data

* Premium members only.

The historical data trend for Shenglong Splendecor International'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.

Shenglong Splendecor International Days Payable Chart

Shenglong Splendecor International 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 109.23 118.14 107.56 117.33 85.57

Shenglong Splendecor International 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 91.74 102.93 84.01 95.29 56.88

Shenglong Splendecor International Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Shenglong Splendecor International'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.


Shenglong Splendecor International Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shenglong Splendecor International's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenglong Splendecor International's Days Payable falls into.


HKSE:08481
56GF Score
Shenglong Splendecor International Ltd HKSE:08481
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenglong Splendecor International 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.

Shenglong Splendecor International'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
=( (124.992 + 65.212) / 2 ) / 405.661*365
=95.102 / 405.661*365
=85.57

Shenglong Splendecor International'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
=( (70.014 + 65.212) / 2 ) / 216.924*365 / 2
=67.613 / 216.924*365 / 2
=56.88

* 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 56.88 mean?
Shenglong Splendecor International (HKSE:08481) has a Days Payable of 56.88 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 Shenglong Splendecor International and its competitors. This is 56% below median its historical median of 129.91. Over the past decade, Shenglong Splendecor International's Days Payable has ranged from 78.43 to 231.59. According to the industry distribution chart, Shenglong Splendecor International ranks #88 out of 275 companies in the Forest Products industry, placing it in the top 32%.
Is Shenglong Splendecor International's Days Payable too high?
Shenglong Splendecor International's current Days Payable of 56.88 is 56% below median its 10-year median of 129.91. Over the past 10 years, this metric has ranged from a low of 78.43 to a high of 231.59. The Forest Products industry median Days Payable is 56.46. Shenglong Splendecor International's value of 56.88 is 0.7% above this industry median. Based on the distribution chart, Shenglong Splendecor International ranks #88 out of 275 companies in the Forest Products industry, which is above the industry midpoint. Overall, Shenglong Splendecor International has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenglong Splendecor International's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Shenglong Splendecor International ranks #88 out of 275 companies for Days Payable. This puts Shenglong Splendecor International in the upper half of its industry. The industry median Days Payable is 56.46. Shenglong Splendecor International's value of 56.88 is 0.7% above this benchmark. Historically, Shenglong Splendecor International's own Days Payable has ranged from 78.43 to 231.59 over the past decade. While the company's 10-year median is 129.91 vs. the industry median of 56.46, Shenglong Splendecor International 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.46, based on 275 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. Shenglong Splendecor International's current Days Payable of 56.88 is 0.7% 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 Shenglong Splendecor International and its competitors. For the Forest Products industry, the median Days Payable is 56.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenglong Splendecor International's current Days Payable is 56.88, which is 56% below median its own 10-year median of 129.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenglong Splendecor International stock overvalued right now?
Based on GuruFocus' analysis, Shenglong Splendecor International (HKSE:08481) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.50, compared to a current price of HK$0.41 — trading 18% below its estimated fair value. The current Days Payable is 56.88, which is 56% below median its 10-year median of 129.91 and 0.7% above the Forest Products industry median of 56.46. Shenglong Splendecor International's overall GF Score™ is 56/100 with 4 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 Shenglong Splendecor International (HKSE:08481), the current Days Payable is 56.88 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 Shenglong Splendecor International (HKSE:08481) Overvalued in 2026?

Based on GuruFocus' analysis, Shenglong Splendecor International stock appears to be undervalued. The current stock price of HK$0.41 is trading 18% below its estimated GF Value™ of HK$0.50. GuruFocus considers Shenglong Splendecor International to be Modestly Undervalued.

Key valuation signals for HKSE:08481:

  • Days Payable: 56.88 (56% below median its 10-year median of 129.91)
  • GF Value™: HK$0.50 vs. price of HK$0.41 (18% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 0.7% above the Forest Products median (#88 of 275)

No single metric tells the full story. See the HKSE:08481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenglong Splendecor International Business Description

Address No. 55 Shangyang Road, Yangdai Village, Jinnan Sub-District, Lin’an, Hangzhou, CHN, 311301
Shenglong Splendecor International Ltd is an investment holding. It is engaged in the manufacturing of decorative printing materials products based in China. Its products include melamine-impregnated paper, finish foil paper, PVC furniture film, and PVC flooring film. Geographically, the company derives a majority of its revenue from China followed by India, The United Arab Emirates, Pakistan, Indonesia and other countries.
56GF Score

Get the complete analysis for HKSE:08481

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

HK$0.41
Price
HK$0.50
GF Value