Shandong Nanshan Aluminum Co (SHSE:600219) Days Payable: 49.37 (As of Jun. 2026) — 28% Below Median

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SHSE:600219 Shandong Nanshan Aluminum Co Ltd SHSE:600219
93 GF Score
Price ¥4.82
GF Value ¥4.38
Valuation Fairly Valued
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What is Shandong Nanshan Aluminum Co Days Payable?

Shandong Nanshan Aluminum Co SHSE:600219 -3.60% 93 Days Payable is 49.37 as of Jun. 2026, which is 28% below its 10-year median of 68.64. GuruFocus rates SHSE:600219 with a GF Score™ of 93/100 and a GF Value™ of ¥4.38 (Fairly Valued). Among 1,077 Metals & Mining companies, Shandong Nanshan Aluminum Co ranks worse than 71.87% on this metric.

Shandong Nanshan Aluminum Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥4,065 Mil. Shandong Nanshan Aluminum Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥7,513 Mil. Hence, Shandong Nanshan Aluminum Co's Days Payable for the three months ended in Jun. 2026 was 49.37.

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

SHSE:600219' s Days Payable Range Over the Past 10 Years
Min: 51.14   Med: 68.64   Max: 129.71
Current: 52.5

During the past 13 years, Shandong Nanshan Aluminum Co's highest Days Payable was 129.71. The lowest was 51.14. And the median was 68.64.

SHSE:600219's Days Payable is ranked worse than
71.87% of 1077 companies
in the Metals & Mining industry
Industry Median: 124.95 vs SHSE:600219: 52.50

Shandong Nanshan Aluminum Co's Days Payable stayed the same from Jun. 2025 (49.37) to Jun. 2026 (49.37). stayed the same


Shandong Nanshan Aluminum Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Nanshan Aluminum 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.

Shandong Nanshan Aluminum Co Days Payable Chart

Shandong Nanshan Aluminum 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 63.43 52.08 57.08 51.14 57.05

Shandong Nanshan Aluminum Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 49.37 49.88 58.70 53.88 49.37

SHSE:600219 vs AA: Days Payable Comparison

For the Aluminum subindustry, Shandong Nanshan Aluminum 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.


Shandong Nanshan Aluminum Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Nanshan Aluminum Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Nanshan Aluminum Co's Days Payable falls into.


SHSE:600219
93GF Score
Shandong Nanshan Aluminum Co Ltd SHSE:600219
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Nanshan Aluminum 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.

Shandong Nanshan Aluminum 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
=( (3583.596 + 4512.244) / 2 ) / 25896.754*365
=4047.92 / 25896.754*365
=57.05

Shandong Nanshan Aluminum Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3877.74 + 4252.414) / 2 ) / 7513.334*365 / 4
=4065.077 / 7513.334*365 / 4
=49.37

* 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 49.37 mean?
Shandong Nanshan Aluminum Co (SHSE:600219) has a Days Payable of 49.37 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shandong Nanshan Aluminum Co and its competitors. This is 28% below median its historical median of 68.64. Over the past decade, Shandong Nanshan Aluminum Co's Days Payable has ranged from 51.14 to 129.71. According to the industry distribution chart, Shandong Nanshan Aluminum Co ranks #774 out of 1077 companies in the Metals & Mining industry, placing it in the top 71.9%.
Is Shandong Nanshan Aluminum Co's Days Payable too high?
Shandong Nanshan Aluminum Co's current Days Payable of 49.37 is 28% below median its 10-year median of 68.64. Over the past 10 years, this metric has ranged from a low of 51.14 to a high of 129.71. The Metals & Mining industry median Days Payable is 124.95. Shandong Nanshan Aluminum Co's value of 49.37 is 60.5% below this industry median. Based on the distribution chart, Shandong Nanshan Aluminum Co ranks #774 out of 1077 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Shandong Nanshan Aluminum Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shandong Nanshan Aluminum Co's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Shandong Nanshan Aluminum Co ranks #774 out of 1077 companies for Days Payable. This places Shandong Nanshan Aluminum Co in the lower half of its industry. The industry median Days Payable is 124.95. Shandong Nanshan Aluminum Co's value of 49.37 is 60.5% below this benchmark. Historically, Shandong Nanshan Aluminum Co's own Days Payable has ranged from 51.14 to 129.71 over the past decade. While the company's 10-year median is 68.64 vs. the industry median of 124.95, Shandong Nanshan Aluminum Co has consistently been below 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 124.95, based on 1,077 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. Shandong Nanshan Aluminum Co's current Days Payable of 49.37 is 60.5% below 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 Shandong Nanshan Aluminum Co and its competitors. For the Metals & Mining industry, the median Days Payable is 124.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Nanshan Aluminum Co's current Days Payable is 49.37, which is 28% below median its own 10-year median of 68.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Nanshan Aluminum Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Nanshan Aluminum Co (SHSE:600219) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.38, compared to a current price of ¥4.82 — trading 10% above its estimated fair value. The current Days Payable is 49.37, which is 28% below median its 10-year median of 68.64 and 60.5% below the Metals & Mining industry median of 124.95. Shandong Nanshan Aluminum Co's overall GF Score™ is 93/100. 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 Shandong Nanshan Aluminum Co (SHSE:600219), the current Days Payable is 49.37 as of Jun. 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 Shandong Nanshan Aluminum Co (SHSE:600219) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Nanshan Aluminum Co stock appears to be overvalued. The current stock price of ¥4.82 is trading 10% above its estimated GF Value™ of ¥4.38. GuruFocus considers Shandong Nanshan Aluminum Co to be Fairly Valued.

Key valuation signals for SHSE:600219:

  • Days Payable: 49.37 (28% below median its 10-year median of 68.64)
  • GF Value™: ¥4.38 vs. price of ¥4.82 (10% above fair value)
  • GF Score™: 93/100
  • Industry Position: 60.5% below the Metals & Mining median (#774 of 1077)

No single metric tells the full story. See the SHSE:600219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Nanshan Aluminum Co Business Description

Address Qiansong Village, Dongjiang Town, Shandong Province, Longkou, CHN, 265706
Shandong Nanshan Aluminum Co Ltd is engaged in the production and distribution of aluminum products. It offers aluminum profiles, high-precision aluminum plates, strips, foils, and other products. The products of the company are sold in China and overseas markets, including North America, Europe, Africa, Australia, and Southeast Asia.
93GF Score

Get the complete analysis for SHSE:600219

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

¥4.82
Price
¥4.38
GF Value