Shanghai Belling Co (SHSE:600171) Days Payable: 96.60 (As of Mar. 2026) — 46% Above Median

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SHSE:600171 Shanghai Belling Co Ltd SHSE:600171
67 GF Score
Price ¥23.45
GF Value ¥29.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shanghai Belling Co Days Payable?

Shanghai Belling Co SHSE:600171 +4.27% 67 Days Payable is 96.60 as of Mar. 2026, which is 46% above its 10-year median of 66.35. GuruFocus rates SHSE:600171 with a GF Score™ of 67/100 and a GF Value™ of ¥29.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 999 Semiconductors companies, Shanghai Belling Co ranks better than 56.76% on this metric.

Shanghai Belling Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥455 Mil. Shanghai Belling Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥430 Mil. Hence, Shanghai Belling Co's Days Payable for the three months ended in Mar. 2026 was 96.60.

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

SHSE:600171' s Days Payable Range Over the Past 10 Years
Min: 49.45   Med: 66.35   Max: 81.97
Current: 58.59

During the past 13 years, Shanghai Belling Co's highest Days Payable was 81.97. The lowest was 49.45. And the median was 66.35.

SHSE:600171's Days Payable is ranked better than
56.76% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:600171: 58.59

Shanghai Belling Co's Days Payable increased from Mar. 2025 (90.44) to Mar. 2026 (96.60). It may suggest that Shanghai Belling Co delayed paying its suppliers.


Shanghai Belling Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Belling 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 Belling Co Days Payable Chart

Shanghai Belling 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 57.76 52.69 49.45 55.45 65.85

Shanghai Belling 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 90.44 47.48 51.76 52.96 96.60

SHSE:600171 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Shanghai Belling 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 Belling Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Belling Co's Days Payable distribution charts can be found below:

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


SHSE:600171
67GF Score
Shanghai Belling Co Ltd SHSE:600171
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Belling 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 Belling 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
=( (379.007 + 450.016) / 2 ) / 2297.478*365
=414.5115 / 2297.478*365
=65.85

Shanghai Belling 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
=( (450.016 + 459.487) / 2 ) / 429.582*365 / 4
=454.7515 / 429.582*365 / 4
=96.60

* 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 96.60 mean?
Shanghai Belling Co (SHSE:600171) has a Days Payable of 96.60 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 Belling Co and its competitors. This is 46% above median its historical median of 66.35. Over the past decade, Shanghai Belling Co's Days Payable has ranged from 49.45 to 81.97. According to the industry distribution chart, Shanghai Belling Co ranks #432 out of 999 companies in the Semiconductors industry, placing it in the top 43.2%.
Is Shanghai Belling Co's Days Payable too high?
Shanghai Belling Co's current Days Payable of 96.60 is 46% above median its 10-year median of 66.35. Over the past 10 years, this metric has ranged from a low of 49.45 to a high of 81.97. The Semiconductors industry median Days Payable is 53.06. Shanghai Belling Co's value of 96.60 is 82.1% above this industry median. Based on the distribution chart, Shanghai Belling Co ranks #432 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shanghai Belling Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Belling Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai Belling Co ranks #432 out of 999 companies for Days Payable. This puts Shanghai Belling Co in the upper half of its industry. The industry median Days Payable is 53.06. Shanghai Belling Co's value of 96.60 is 82.1% above this benchmark. Historically, Shanghai Belling Co's own Days Payable has ranged from 49.45 to 81.97 over the past decade. While the company's 10-year median is 66.35 vs. the industry median of 53.06, Shanghai Belling 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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 Belling Co's current Days Payable of 96.60 is 82.1% 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 Belling Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Belling Co's current Days Payable is 96.60, which is 46% above median its own 10-year median of 66.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Belling Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Belling Co (SHSE:600171) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥29.89, compared to a current price of ¥23.45 — trading 21.5% below its estimated fair value. The current Days Payable is 96.60, which is 46% above median its 10-year median of 66.35 and 82.1% above the Semiconductors industry median of 53.06. Shanghai Belling 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 Belling Co (SHSE:600171), the current Days Payable is 96.60 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 Belling Co (SHSE:600171) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Belling Co stock appears to be undervalued. The current stock price of ¥23.45 is trading 21.5% below its estimated GF Value™ of ¥29.89. GuruFocus considers Shanghai Belling Co to be Modestly Undervalued.

Key valuation signals for SHSE:600171:

  • Days Payable: 96.60 (46% above median its 10-year median of 66.35)
  • GF Value™: ¥29.89 vs. price of ¥23.45 (21.5% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 82.1% above the Semiconductors median (#432 of 999)

No single metric tells the full story. See the SHSE:600171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Belling Co Business Description

Address No. 810 Yishan Road, Caohejing Development Zone, Shanghai, Shanghai, CHN, 200233
Shanghai Belling Co Ltd operates in the IC industry in the People's Republic of China. Its products include power management, AC/DC converters, electric energy metering circuits, LED drive ICs, interface circuits, ADC circuits, MCU, EEPROM, MOSFET and discrete devices, and smoke detector circuits.
67GF Score

Get the complete analysis for SHSE:600171

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

¥23.45
Price
¥29.89
GF Value