Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Days Payable: 120.01 (As of Mar. 2026) — 12% Below Median


SHSE:600059 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd SHSE:600059
81 GF Score
Price ¥7.60
GF Value ¥9.57
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zhejiang Guyuelongshan Shaoxing Wine Co Days Payable?

Zhejiang Guyuelongshan Shaoxing Wine Co SHSE:600059 +0.53% 81 Days Payable is 120.01 as of Mar. 2026, which is 12% below its 10-year median of 136.31. GuruFocus rates SHSE:600059 with a GF Score™ of 81/100 and a GF Value™ of ¥9.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 202 Beverages - Alcoholic companies, Zhejiang Guyuelongshan Shaoxing Wine Co ranks better than 59.41% on this metric.

Zhejiang Guyuelongshan Shaoxing Wine Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥424 Mil. Zhejiang Guyuelongshan Shaoxing Wine Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥323 Mil. Hence, Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable for the three months ended in Mar. 2026 was 120.01.

The historical rank and industry rank for Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable or its related term are showing as below:

SHSE:600059' s Days Payable Range Over the Past 10 Years
Min: 116.44   Med: 136.31   Max: 170.36
Current: 116.44

During the past 13 years, Zhejiang Guyuelongshan Shaoxing Wine Co's highest Days Payable was 170.36. The lowest was 116.44. And the median was 136.31.

SHSE:600059's Days Payable is ranked better than
59.41% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 82.04 vs SHSE:600059: 116.44

Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable increased from Mar. 2025 (119.85) to Mar. 2026 (120.01). It may suggest that Zhejiang Guyuelongshan Shaoxing Wine Co delayed paying its suppliers.


Zhejiang Guyuelongshan Shaoxing Wine Co Days Payable Related Terms


Zhejiang Guyuelongshan Shaoxing Wine Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Guyuelongshan Shaoxing Wine 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.

Zhejiang Guyuelongshan Shaoxing Wine Co Days Payable Chart

Zhejiang Guyuelongshan Shaoxing Wine 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 134.36 126.79 127.48 140.71 160.40

Zhejiang Guyuelongshan Shaoxing Wine 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 119.85 140.18 133.37 88.16 120.01

SHSE:600059 vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Zhejiang Guyuelongshan Shaoxing Wine 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.


Zhejiang Guyuelongshan Shaoxing Wine Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable falls into.


SHSE:600059
81GF Score
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd SHSE:600059
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Guyuelongshan Shaoxing Wine 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.

Zhejiang Guyuelongshan Shaoxing Wine 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
=( (518.394 + 484.541) / 2 ) / 1141.088*365
=501.4675 / 1141.088*365
=160.40

Zhejiang Guyuelongshan Shaoxing Wine 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
=( (484.541 + 364.172) / 2 ) / 322.674*365 / 4
=424.3565 / 322.674*365 / 4
=120.01

* 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 120.01 mean?
Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) has a Days Payable of 120.01 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 Zhejiang Guyuelongshan Shaoxing Wine Co and its competitors. This is 12% below median its historical median of 136.31. Over the past decade, Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable has ranged from 116.44 to 170.36. According to the industry distribution chart, Zhejiang Guyuelongshan Shaoxing Wine Co ranks #82 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 40.6%.
Is Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable too high?
Zhejiang Guyuelongshan Shaoxing Wine Co's current Days Payable of 120.01 is 12% below median its 10-year median of 136.31. Over the past 10 years, this metric has ranged from a low of 116.44 to a high of 170.36. The Beverages - Alcoholic industry median Days Payable is 82.04. Zhejiang Guyuelongshan Shaoxing Wine Co's value of 120.01 is 46.3% above this industry median. Based on the distribution chart, Zhejiang Guyuelongshan Shaoxing Wine Co ranks #82 out of 202 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Zhejiang Guyuelongshan Shaoxing Wine Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Guyuelongshan Shaoxing Wine Co's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Zhejiang Guyuelongshan Shaoxing Wine Co ranks #82 out of 202 companies for Days Payable. This puts Zhejiang Guyuelongshan Shaoxing Wine Co in the upper half of its industry. The industry median Days Payable is 82.04. Zhejiang Guyuelongshan Shaoxing Wine Co's value of 120.01 is 46.3% above this benchmark. Historically, Zhejiang Guyuelongshan Shaoxing Wine Co's own Days Payable has ranged from 116.44 to 170.36 over the past decade. While the company's 10-year median is 136.31 vs. the industry median of 82.04, Zhejiang Guyuelongshan Shaoxing Wine 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 202 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. Zhejiang Guyuelongshan Shaoxing Wine Co's current Days Payable of 120.01 is 46.3% 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 Zhejiang Guyuelongshan Shaoxing Wine Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Guyuelongshan Shaoxing Wine Co's current Days Payable is 120.01, which is 12% below median its own 10-year median of 136.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Guyuelongshan Shaoxing Wine Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.57, compared to a current price of ¥7.60 — trading 20.6% below its estimated fair value. The current Days Payable is 120.01, which is 12% below median its 10-year median of 136.31 and 46.3% above the Beverages - Alcoholic industry median of 82.04. Zhejiang Guyuelongshan Shaoxing Wine Co's 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 Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059), the current Days Payable is 120.01 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 Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Guyuelongshan Shaoxing Wine Co stock appears to be undervalued. The current stock price of ¥7.60 is trading 20.6% below its estimated GF Value™ of ¥9.57. GuruFocus considers Zhejiang Guyuelongshan Shaoxing Wine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600059:

  • Days Payable: 120.01 (12% below median its 10-year median of 136.31)
  • GF Value™: ¥9.57 vs. price of ¥7.60 (20.6% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 46.3% above the Beverages - Alcoholic median (#82 of 202)

No single metric tells the full story. See the SHSE:600059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Guyuelongshan Shaoxing Wine Co Business Description

Address Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.
81GF Score

Get the complete analysis for SHSE:600059

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

¥7.60
Price
¥9.57
GF Value