Shang Properties (PHS:SHNG) Days Payable: 182.02 (As of Mar. 2026) — 32% Above Median


PHS:SHNG Shang Properties Inc PHS:SHNG
81 GF Score
Price ₱3.19
GF Value ₱4.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shang Properties Days Payable?

Shang Properties PHS:SHNG +1.27% 81 Days Payable is 182.02 as of Mar. 2026, which is 32% above its 10-year median of 137.51. GuruFocus rates PHS:SHNG with a GF Score™ of 81/100 and a GF Value™ of ₱4.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,571 Real Estate companies, Shang Properties ranks better than 64.23% on this metric.

Shang Properties's average Accounts Payable for the three months ended in Mar. 2026 was ₱2,478 Mil. Shang Properties's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱1,242 Mil. Hence, Shang Properties's Days Payable for the three months ended in Mar. 2026 was 182.02.

The historical rank and industry rank for Shang Properties's Days Payable or its related term are showing as below:

PHS:SHNG' s Days Payable Range Over the Past 10 Years
Min: 99.4   Med: 137.51   Max: 181.8
Current: 156.94

During the past 13 years, Shang Properties's highest Days Payable was 181.80. The lowest was 99.40. And the median was 137.51.

PHS:SHNG's Days Payable is ranked better than
64.23% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs PHS:SHNG: 156.94

Shang Properties's Days Payable increased from Mar. 2025 (131.91) to Mar. 2026 (182.02). It may suggest that Shang Properties delayed paying its suppliers.


Shang Properties Days Payable Historical Data

* Premium members only.

The historical data trend for Shang Properties'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.

Shang Properties Days Payable Chart

Shang Properties 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 152.77 109.04 137.42 128.85 137.59

Shang Properties 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 131.91 183.74 163.21 112.82 182.02

Shang Properties Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, Shang Properties'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.


Shang Properties Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shang Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Shang Properties's Days Payable falls into.


PHS:SHNG
81GF Score
Shang Properties Inc PHS:SHNG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shang Properties 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.

Shang Properties'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
=( (1427.951 + 2184.295) / 2 ) / 4791.192*365
=1806.123 / 4791.192*365
=137.59

Shang Properties'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
=( (2184.295 + 2772.086) / 2 ) / 1242.371*365 / 4
=2478.1905 / 1242.371*365 / 4
=182.02

* 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 182.02 mean?
Shang Properties (PHS:SHNG) has a Days Payable of 182.02 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 Shang Properties and its competitors. This is 32% above median its historical median of 137.51. Over the past decade, Shang Properties' Days Payable has ranged from 99.40 to 181.80. According to the industry distribution chart, Shang Properties ranks #562 out of 1571 companies in the Real Estate industry, placing it in the top 35.8%.
Is Shang Properties' Days Payable too high?
Shang Properties' current Days Payable of 182.02 is 32% above median its 10-year median of 137.51. Over the past 10 years, this metric has ranged from a low of 99.40 to a high of 181.80. The Real Estate industry median Days Payable is 94.38. Shang Properties' value of 182.02 is 92.9% above this industry median. Based on the distribution chart, Shang Properties ranks #562 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, Shang Properties has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Shang Properties ranks #562 out of 1571 companies for Days Payable. This puts Shang Properties in the upper half of its industry. The industry median Days Payable is 94.38. Shang Properties' value of 182.02 is 92.9% above this benchmark. Historically, Shang Properties' own Days Payable has ranged from 99.40 to 181.80 over the past decade. While the company's 10-year median is 137.51 vs. the industry median of 94.38, Shang Properties 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 94.38, 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. Shang Properties's current Days Payable of 182.02 is 92.9% 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 Shang Properties and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shang Properties's current Days Payable is 182.02, which is 32% above median its own 10-year median of 137.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.37, compared to a current price of ₱3.19 — trading 27% below its estimated fair value. The current Days Payable is 182.02, which is 32% above median its 10-year median of 137.51 and 92.9% above the Real Estate industry median of 94.38. Shang Properties' overall GF Score™ is 81/100 with 3 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 Shang Properties (PHS:SHNG), the current Days Payable is 182.02 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 Shang Properties (PHS:SHNG) Overvalued in 2026?

Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued. The current stock price of ₱3.19 is trading 27% below its estimated GF Value™ of ₱4.37. GuruFocus considers Shang Properties to be Modestly Undervalued.

Key valuation signals for PHS:SHNG:

  • Days Payable: 182.02 (32% above median its 10-year median of 137.51)
  • GF Value™: ₱4.37 vs. price of ₱3.19 (27% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 92.9% above the Real Estate median (#562 of 1571)

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


Shang Properties Business Description

Address EDSA Corner Shaw Boulevard, Level 5, Administration Offices, Shangri-La Plaza Mall, Metro Manila, Mandaluyong, PHL, 1550
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
81GF Score

Get the complete analysis for PHS:SHNG

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

₱3.19
Price
₱4.37
GF Value