Shanghai International Airport Co (SHSE:600009) Days Payable: 56.39 (As of Mar. 2026) — 65% Above Median

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SHSE:600009 Shanghai International Airport Co Ltd SHSE:600009
67 GF Score
Price ¥23.86
GF Value ¥37.88
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Shanghai International Airport Co Days Payable?

Shanghai International Airport Co SHSE:600009 -0.29% 67 Days Payable is 56.39 as of Mar. 2026, which is 65% above its 10-year median of 34.08. GuruFocus rates SHSE:600009 with a GF Score™ of 67/100 and a GF Value™ of ¥37.88 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 967 Transportation companies, Shanghai International Airport Co ranks better than 66.39% on this metric.

Shanghai International Airport Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,483 Mil. Shanghai International Airport Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,401 Mil. Hence, Shanghai International Airport Co's Days Payable for the three months ended in Mar. 2026 was 56.39.

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

SHSE:600009' s Days Payable Range Over the Past 10 Years
Min: 12.94   Med: 34.08   Max: 63.86
Current: 57.85

During the past 13 years, Shanghai International Airport Co's highest Days Payable was 63.86. The lowest was 12.94. And the median was 34.08.

SHSE:600009's Days Payable is ranked better than
66.39% of 967 companies
in the Transportation industry
Industry Median: 38.25 vs SHSE:600009: 57.85

Shanghai International Airport Co's Days Payable declined from Mar. 2025 (61.59) to Mar. 2026 (56.39). It may suggest that Shanghai International Airport Co accelerated paying its suppliers.


Shanghai International Airport Co Days Payable Related Terms


Shanghai International Airport Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai International Airport 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.

Shanghai International Airport Co Days Payable Chart

Shanghai International Airport Co 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 32.99 46.61 50.30 61.02 63.86

Shanghai International Airport Co 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 61.59 59.21 64.27 58.59 56.39

SHSE:600009 vs JOBY, CAAP: Days Payable Comparison

For the Airports & Air Services subindustry, Shanghai International Airport 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.


Shanghai International Airport Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai International Airport Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai International Airport Co's Days Payable falls into.


SHSE:600009
67GF Score
Shanghai International Airport Co Ltd SHSE:600009
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai International Airport 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.

Shanghai International Airport 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
=( (1820.792 + 1564.339) / 2 ) / 9674.078*365
=1692.5655 / 9674.078*365
=63.86

Shanghai International Airport Co'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
=( (1564.339 + 1402.629) / 2 ) / 2400.669*365 / 4
=1483.484 / 2400.669*365 / 4
=56.39

* 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 56.39 mean?
Shanghai International Airport Co (SHSE:600009) has a Days Payable of 56.39 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 Shanghai International Airport Co and its competitors. This is 65% above median its historical median of 34.08. Over the past decade, Shanghai International Airport Co's Days Payable has ranged from 12.94 to 63.86. According to the industry distribution chart, Shanghai International Airport Co ranks #325 out of 967 companies in the Transportation industry, placing it in the top 33.6%.
Is Shanghai International Airport Co's Days Payable too high?
Shanghai International Airport Co's current Days Payable of 56.39 is 65% above median its 10-year median of 34.08. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 63.86. The Transportation industry median Days Payable is 38.25. Shanghai International Airport Co's value of 56.39 is 47.4% above this industry median. Based on the distribution chart, Shanghai International Airport Co ranks #325 out of 967 companies in the Transportation industry, which is above the industry midpoint. Overall, Shanghai International Airport Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai International Airport Co's Days Payable compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Shanghai International Airport Co ranks #325 out of 967 companies for Days Payable. This puts Shanghai International Airport Co in the upper half of its industry. The industry median Days Payable is 38.25. Shanghai International Airport Co's value of 56.39 is 47.4% above this benchmark. Historically, Shanghai International Airport Co's own Days Payable has ranged from 12.94 to 63.86 over the past decade. While the company's 10-year median is 34.08 vs. the industry median of 38.25, Shanghai International Airport 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 Transportation company?
The median Days Payable among Transportation companies is 38.25, based on 967 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. Shanghai International Airport Co's current Days Payable of 56.39 is 47.4% 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 Shanghai International Airport Co and its competitors. For the Transportation industry, the median Days Payable is 38.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai International Airport Co's current Days Payable is 56.39, which is 65% above median its own 10-year median of 34.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai International Airport Co (SHSE:600009) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥37.88, compared to a current price of ¥23.86 — trading 37% below its estimated fair value. The current Days Payable is 56.39, which is 65% above median its 10-year median of 34.08 and 47.4% above the Transportation industry median of 38.25. Shanghai International Airport Co's overall GF Score™ is 67/100 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 Shanghai International Airport Co (SHSE:600009), the current Days Payable is 56.39 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 Shanghai International Airport Co (SHSE:600009) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai International Airport Co stock appears to be undervalued. The current stock price of ¥23.86 is trading 37% below its estimated GF Value™ of ¥37.88. GuruFocus considers Shanghai International Airport Co to be Significantly Undervalued.

Key valuation signals for SHSE:600009:

  • Days Payable: 56.39 (65% above median its 10-year median of 34.08)
  • GF Value™: ¥37.88 vs. price of ¥23.86 (37% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 47.4% above the Transportation median (#325 of 967)

No single metric tells the full story. See the SHSE:600009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai International Airport Co Business Description

Address No. 900 Qihang Road, Pudong New Area, Shanghai, CHN, 201207
Shanghai International Airport Co Ltd is engaged in airport services at the Pudong International Airport in Shanghai, China. The company's principal activities consist of ground handling services for domestic and foreign airlines and passengers, and the provision of other airport-related services.
67GF Score

Get the complete analysis for SHSE:600009

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

¥23.86
Price
¥37.88
GF Value