Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) Days Payable: 58.23 (As of Mar. 2026) — 10% Below Median

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SHSE:600305 Jiangsu Hengshun Vinegar Industry Co Ltd SHSE:600305
80 GF Score
Price ¥6.62
GF Value ¥8.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jiangsu Hengshun Vinegar Industry Co Days Payable?

Jiangsu Hengshun Vinegar Industry Co SHSE:600305 -1.19% 80 Days Payable is 58.23 as of Mar. 2026, which is 10% below its 10-year median of 64.64. GuruFocus rates SHSE:600305 with a GF Score™ of 80/100 and a GF Value™ of ¥8.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Jiangsu Hengshun Vinegar Industry Co ranks better than 57.69% on this metric.

Jiangsu Hengshun Vinegar Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥266 Mil. Jiangsu Hengshun Vinegar Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥416 Mil. Hence, Jiangsu Hengshun Vinegar Industry Co's Days Payable for the three months ended in Mar. 2026 was 58.23.

The historical rank and industry rank for Jiangsu Hengshun Vinegar Industry Co's Days Payable or its related term are showing as below:

SHSE:600305' s Days Payable Range Over the Past 10 Years
Min: 51.3   Med: 64.64   Max: 72.31
Current: 51.3

During the past 13 years, Jiangsu Hengshun Vinegar Industry Co's highest Days Payable was 72.31. The lowest was 51.30. And the median was 64.64.

SHSE:600305's Days Payable is ranked better than
57.69% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs SHSE:600305: 51.30

Jiangsu Hengshun Vinegar Industry Co's Days Payable increased from Mar. 2025 (46.21) to Mar. 2026 (58.23). It may suggest that Jiangsu Hengshun Vinegar Industry Co delayed paying its suppliers.


Jiangsu Hengshun Vinegar Industry Co Days Payable Related Terms


Jiangsu Hengshun Vinegar Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengshun Vinegar Industry 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.

Jiangsu Hengshun Vinegar Industry Co Days Payable Chart

Jiangsu Hengshun Vinegar Industry 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 72.31 62.54 58.29 57.67 64.56

Jiangsu Hengshun Vinegar Industry 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 46.21 52.01 54.89 47.03 58.23

SHSE:600305 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Jiangsu Hengshun Vinegar Industry 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.


Jiangsu Hengshun Vinegar Industry Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangsu Hengshun Vinegar Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengshun Vinegar Industry Co's Days Payable falls into.


SHSE:600305
80GF Score
Jiangsu Hengshun Vinegar Industry Co Ltd SHSE:600305
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengshun Vinegar Industry 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.

Jiangsu Hengshun Vinegar Industry 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
=( (239.757 + 307.086) / 2 ) / 1545.827*365
=273.4215 / 1545.827*365
=64.56

Jiangsu Hengshun Vinegar Industry 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
=( (307.086 + 224.424) / 2 ) / 416.446*365 / 4
=265.755 / 416.446*365 / 4
=58.23

* 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 58.23 mean?
Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) has a Days Payable of 58.23 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 Jiangsu Hengshun Vinegar Industry Co and its competitors. This is 10% below median its historical median of 64.64. Over the past decade, Jiangsu Hengshun Vinegar Industry Co's Days Payable has ranged from 51.30 to 72.31. According to the industry distribution chart, Jiangsu Hengshun Vinegar Industry Co ranks #800 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 42.3%.
Is Jiangsu Hengshun Vinegar Industry Co's Days Payable too high?
Jiangsu Hengshun Vinegar Industry Co's current Days Payable of 58.23 is 10% below median its 10-year median of 64.64. Over the past 10 years, this metric has ranged from a low of 51.30 to a high of 72.31. The Consumer Packaged Goods industry median Days Payable is 44.15. Jiangsu Hengshun Vinegar Industry Co's value of 58.23 is 31.9% above this industry median. Based on the distribution chart, Jiangsu Hengshun Vinegar Industry Co ranks #800 out of 1891 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Jiangsu Hengshun Vinegar Industry Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengshun Vinegar Industry Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Jiangsu Hengshun Vinegar Industry Co ranks #800 out of 1891 companies for Days Payable. This puts Jiangsu Hengshun Vinegar Industry Co in the upper half of its industry. The industry median Days Payable is 44.15. Jiangsu Hengshun Vinegar Industry Co's value of 58.23 is 31.9% above this benchmark. Historically, Jiangsu Hengshun Vinegar Industry Co's own Days Payable has ranged from 51.30 to 72.31 over the past decade. While the company's 10-year median is 64.64 vs. the industry median of 44.15, Jiangsu Hengshun Vinegar Industry 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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. Jiangsu Hengshun Vinegar Industry Co's current Days Payable of 58.23 is 31.9% 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 Jiangsu Hengshun Vinegar Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengshun Vinegar Industry Co's current Days Payable is 58.23, which is 10% below median its own 10-year median of 64.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengshun Vinegar Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.76, compared to a current price of ¥6.62 — trading 24.4% below its estimated fair value. The current Days Payable is 58.23, which is 10% below median its 10-year median of 64.64 and 31.9% above the Consumer Packaged Goods industry median of 44.15. Jiangsu Hengshun Vinegar Industry Co's overall GF Score™ is 80/100 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 Jiangsu Hengshun Vinegar Industry Co (SHSE:600305), the current Days Payable is 58.23 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 Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengshun Vinegar Industry Co stock appears to be undervalued. The current stock price of ¥6.62 is trading 24.4% below its estimated GF Value™ of ¥8.76. GuruFocus considers Jiangsu Hengshun Vinegar Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600305:

  • Days Payable: 58.23 (10% below median its 10-year median of 64.64)
  • GF Value™: ¥8.76 vs. price of ¥6.62 (24.4% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 31.9% above the Consumer Packaged Goods median (#800 of 1891)

No single metric tells the full story. See the SHSE:600305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Hengshun Vinegar Industry Co Business Description

Address No. 66, Hengshun Avenue, Zhenjiang, Jiangsu Province, Dantu New City, CHN, 212028
Jiangsu Hengshun Vinegar Industry Co Ltd is a Chinese company which produces traditional brewing spices, condiments, vinegar, and health products. The company is also involved in residential real estate and packaging and printing.
80GF Score

Get the complete analysis for SHSE:600305

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

¥6.62
Price
¥8.76
GF Value