Shanghai Construction Group Co (SHSE:600170) Days Payable: 316.06 (As of Mar. 2026) — 56% Above Median

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SHSE:600170 Shanghai Construction Group Co Ltd SHSE:600170
67 GF Score
Price ¥2.30
GF Value ¥1.82
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Construction Group Co Days Payable?

Shanghai Construction Group Co SHSE:600170 +1.32% 67 Days Payable is 316.06 as of Mar. 2026, which is 56% above its 10-year median of 203.06. GuruFocus rates SHSE:600170 with a GF Score™ of 67/100 and a GF Value™ of ¥1.82 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,713 Construction companies, Shanghai Construction Group Co ranks better than 88.21% on this metric.

Shanghai Construction Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥156,538 Mil. Shanghai Construction Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥45,195 Mil. Hence, Shanghai Construction Group Co's Days Payable for the three months ended in Mar. 2026 was 316.06.

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

SHSE:600170' s Days Payable Range Over the Past 10 Years
Min: 98.52   Med: 203.06   Max: 355.45
Current: 295.82

During the past 13 years, Shanghai Construction Group Co's highest Days Payable was 355.45. The lowest was 98.52. And the median was 203.06.

SHSE:600170's Days Payable is ranked better than
88.21% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs SHSE:600170: 295.82

Shanghai Construction Group Co's Days Payable declined from Mar. 2025 (414.24) to Mar. 2026 (316.06). It may suggest that Shanghai Construction Group Co accelerated paying its suppliers.


Shanghai Construction Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Construction Group 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 Construction Group Co Days Payable Chart

Shanghai Construction Group 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 210.52 229.82 228.95 244.40 355.45

Shanghai Construction Group 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 414.24 238.54 305.58 367.84 316.06

SHSE:600170 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Shanghai Construction Group 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 Construction Group Co Days Payable vs Construction Industry

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

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


SHSE:600170
67GF Score
Shanghai Construction Group Co Ltd SHSE:600170
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Construction Group 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 Construction Group 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
=( (188908.834 + 170944.98) / 2 ) / 184762.356*365
=179926.907 / 184762.356*365
=355.45

Shanghai Construction Group 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
=( (170944.98 + 142131.559) / 2 ) / 45194.631*365 / 4
=156538.2695 / 45194.631*365 / 4
=316.06

* 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 316.06 mean?
Shanghai Construction Group Co (SHSE:600170) has a Days Payable of 316.06 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 Construction Group Co and its competitors. This is 56% above median its historical median of 203.06. Over the past decade, Shanghai Construction Group Co's Days Payable has ranged from 98.52 to 355.45. According to the industry distribution chart, Shanghai Construction Group Co ranks #202 out of 1713 companies in the Construction industry, placing it in the top 11.8%.
Is Shanghai Construction Group Co's Days Payable too high?
Shanghai Construction Group Co's current Days Payable of 316.06 is 56% above median its 10-year median of 203.06. Over the past 10 years, this metric has ranged from a low of 98.52 to a high of 355.45. The Construction industry median Days Payable is 76.49. Shanghai Construction Group Co's value of 316.06 is 313.2% above this industry median. Based on the distribution chart, Shanghai Construction Group Co ranks #202 out of 1713 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Construction Group Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Construction Group Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Construction Group Co ranks #202 out of 1713 companies for Days Payable. This places Shanghai Construction Group Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.49. Shanghai Construction Group Co's value of 316.06 is 313.2% above this benchmark. Historically, Shanghai Construction Group Co's own Days Payable has ranged from 98.52 to 355.45 over the past decade. While the company's 10-year median is 203.06 vs. the industry median of 76.49, Shanghai Construction Group 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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 Construction Group Co's current Days Payable of 316.06 is 313.2% 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 Construction Group Co and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Construction Group Co's current Days Payable is 316.06, which is 56% above median its own 10-year median of 203.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Construction Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Construction Group Co (SHSE:600170) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.82, compared to a current price of ¥2.30 — trading 26.4% above its estimated fair value. The current Days Payable is 316.06, which is 56% above median its 10-year median of 203.06 and 313.2% above the Construction industry median of 76.49. Shanghai Construction Group Co's overall GF Score™ is 67/100 with 5 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 Construction Group Co (SHSE:600170), the current Days Payable is 316.06 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 Construction Group Co (SHSE:600170) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Construction Group Co stock appears to be overvalued. The current stock price of ¥2.30 is trading 26.4% above its estimated GF Value™ of ¥1.82. GuruFocus considers Shanghai Construction Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600170:

  • Days Payable: 316.06 (56% above median its 10-year median of 203.06)
  • GF Value™: ¥1.82 vs. price of ¥2.30 (26.4% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 313.2% above the Construction median (#202 of 1713)

No single metric tells the full story. See the SHSE:600170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Construction Group Co Business Description

Address No. 666, Dongdaming Road, Hongkou District, Shanghai, CHN, 200080
Shanghai Construction Group Co Ltd is a China-based company engaged in the construction business, with real estate development and urban construction investment business. It engages in contracting, design, construction, consulting and production, operation, and sale of supporting equipment, materials, and components for all types of construction projects at home and abroad.
67GF Score

Get the complete analysis for SHSE:600170

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

¥2.30
Price
¥1.82
GF Value