Shanghai Zijiang Enterprise Group Co (SHSE:600210) Days Payable: 87.30 (As of Mar. 2026) — 33% Above Median

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SHSE:600210 Shanghai Zijiang Enterprise Group Co Ltd SHSE:600210
72 GF Score
Price ¥6.24
GF Value ¥5.97
Valuation Fairly Valued
! 3 Warning Signs
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What is Shanghai Zijiang Enterprise Group Co Days Payable?

Shanghai Zijiang Enterprise Group Co SHSE:600210 +0.65% 72 Days Payable is 87.30 as of Mar. 2026, which is 33% above its 10-year median of 65.87. GuruFocus rates SHSE:600210 with a GF Score™ of 72/100 and a GF Value™ of ¥5.97 (Fairly Valued). The stock has 3 warning signs investors should review. Among 381 Packaging & Containers companies, Shanghai Zijiang Enterprise Group Co ranks better than 71.13% on this metric.

Shanghai Zijiang Enterprise Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,705 Mil. Shanghai Zijiang Enterprise Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,782 Mil. Hence, Shanghai Zijiang Enterprise Group Co's Days Payable for the three months ended in Mar. 2026 was 87.30.

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

SHSE:600210' s Days Payable Range Over the Past 10 Years
Min: 56.8   Med: 65.87   Max: 85.72
Current: 85.72

During the past 13 years, Shanghai Zijiang Enterprise Group Co's highest Days Payable was 85.72. The lowest was 56.80. And the median was 65.87.

SHSE:600210's Days Payable is ranked better than
71.13% of 381 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs SHSE:600210: 85.72

Shanghai Zijiang Enterprise Group Co's Days Payable increased from Mar. 2025 (82.34) to Mar. 2026 (87.30). It may suggest that Shanghai Zijiang Enterprise Group Co delayed paying its suppliers.


Shanghai Zijiang Enterprise Group Co Days Payable Related Terms


Shanghai Zijiang Enterprise Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Zijiang Enterprise 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 Zijiang Enterprise Group Co Days Payable Chart

Shanghai Zijiang Enterprise 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 67.69 75.80 80.26 73.87 84.81

Shanghai Zijiang Enterprise 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 82.34 71.87 81.39 114.80 87.30

SHSE:600210 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Shanghai Zijiang Enterprise 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 Zijiang Enterprise Group Co Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Zijiang Enterprise Group Co's Days Payable distribution charts can be found below:

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


SHSE:600210
72GF Score
Shanghai Zijiang Enterprise Group Co Ltd SHSE:600210
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Zijiang Enterprise 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 Zijiang Enterprise 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
=( (1667.219 + 1759.984) / 2 ) / 7374.653*365
=1713.6015 / 7374.653*365
=84.81

Shanghai Zijiang Enterprise 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
=( (1759.984 + 1649.592) / 2 ) / 1781.882*365 / 4
=1704.788 / 1781.882*365 / 4
=87.30

* 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 87.30 mean?
Shanghai Zijiang Enterprise Group Co (SHSE:600210) has a Days Payable of 87.30 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 Zijiang Enterprise Group Co and its competitors. This is 33% above median its historical median of 65.87. Over the past decade, Shanghai Zijiang Enterprise Group Co's Days Payable has ranged from 56.80 to 85.72. According to the industry distribution chart, Shanghai Zijiang Enterprise Group Co ranks #110 out of 381 companies in the Packaging & Containers industry, placing it in the top 28.9%.
Is Shanghai Zijiang Enterprise Group Co's Days Payable too high?
Shanghai Zijiang Enterprise Group Co's current Days Payable of 87.30 is 33% above median its 10-year median of 65.87. Over the past 10 years, this metric has ranged from a low of 56.80 to a high of 85.72. The Packaging & Containers industry median Days Payable is 57.27. Shanghai Zijiang Enterprise Group Co's value of 87.30 is 52.4% above this industry median. Based on the distribution chart, Shanghai Zijiang Enterprise Group Co ranks #110 out of 381 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Shanghai Zijiang Enterprise Group Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zijiang Enterprise Group Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shanghai Zijiang Enterprise Group Co ranks #110 out of 381 companies for Days Payable. This puts Shanghai Zijiang Enterprise Group Co in the upper half of its industry. The industry median Days Payable is 57.27. Shanghai Zijiang Enterprise Group Co's value of 87.30 is 52.4% above this benchmark. Historically, Shanghai Zijiang Enterprise Group Co's own Days Payable has ranged from 56.80 to 85.72 over the past decade. While the company's 10-year median is 65.87 vs. the industry median of 57.27, Shanghai Zijiang Enterprise 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 381 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 Zijiang Enterprise Group Co's current Days Payable of 87.30 is 52.4% 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 Zijiang Enterprise Group Co and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zijiang Enterprise Group Co's current Days Payable is 87.30, which is 33% above median its own 10-year median of 65.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zijiang Enterprise Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zijiang Enterprise Group Co (SHSE:600210) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.97, compared to a current price of ¥6.24 — trading 4.5% above its estimated fair value. The current Days Payable is 87.30, which is 33% above median its 10-year median of 65.87 and 52.4% above the Packaging & Containers industry median of 57.27. Shanghai Zijiang Enterprise Group Co's overall GF Score™ is 72/100 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 Zijiang Enterprise Group Co (SHSE:600210), the current Days Payable is 87.30 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 Zijiang Enterprise Group Co (SHSE:600210) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Zijiang Enterprise Group Co stock appears to be overvalued. The current stock price of ¥6.24 is trading 4.5% above its estimated GF Value™ of ¥5.97. GuruFocus considers Shanghai Zijiang Enterprise Group Co to be Fairly Valued.

Key valuation signals for SHSE:600210:

  • Days Payable: 87.30 (33% above median its 10-year median of 65.87)
  • GF Value™: ¥5.97 vs. price of ¥6.24 (4.5% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 52.4% above the Packaging & Containers median (#110 of 381)

No single metric tells the full story. See the SHSE:600210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Zijiang Enterprise Group Co Business Description

Address No. 618 Shenfu Road, Xinzhuang Industrial Zone, Shanghai, CHN, 200336
Shanghai Zijiang Enterprise Group Co Ltd engages in the manufacture of packaging and printing materials as well as real estate in China. Its products include container packaging, caps and labels, crown caps, plastic labels, BOPET film, and CPP film.
72GF Score

Get the complete analysis for SHSE:600210

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

¥6.24
Price
¥5.97
GF Value