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What is Jiangsunfame Polyester Material Co Days Payable?
Jiangsunfame Polyester Material CoSHSE:600370 -2.47%50 Days Payable is 50.15 as of Jun. 2026, which is 10% below its 10-year median of 55.66. GuruFocus rates SHSE:600370 with a GF Score™ of 50/100 and a GF Value™ of ¥4.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Jiangsunfame Polyester Material Co ranks better than 54.39% on this metric.
SHSE:600370'
s Days Payable Range Over the Past 10 Years
Min: 38.44 Med: 55.66 Max: 88.12
Current: 57.48
During the past 13 years, Jiangsunfame Polyester Material Co's highest Days Payable was 88.12. The lowest was 38.44. And the median was 55.66.
SHSE:600370's Days Payable is ranked better than 54.39% of 1026
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.04
vs SHSE:600370: 57.48
* 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.
Jiangsunfame Polyester Material Co Days Payable Chart
Jiangsunfame Polyester Material Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Jiangsunfame Polyester Material 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.
Jiangsunfame Polyester Material Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsunfame Polyester Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Jiangsunfame Polyester Material Co's Days Payable falls into.
Jiangsunfame Polyester Material 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.
* 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.
Jiangsunfame Polyester Material Co (SHSE:600370) has a Days Payable of 50.15 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 Jiangsunfame Polyester Material Co and its competitors. This is 10% below median its historical median of 55.66. Over the past decade, Jiangsunfame Polyester Material Co's Days Payable has ranged from 38.44 to 88.12. According to the industry distribution chart, Jiangsunfame Polyester Material Co ranks #468 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.6%.
Is Jiangsunfame Polyester Material Co's Days Payable too high?
Jiangsunfame Polyester Material Co's current Days Payable of 50.15 is 10% below median its 10-year median of 55.66. Over the past 10 years, this metric has ranged from a low of 38.44 to a high of 88.12. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.04. Jiangsunfame Polyester Material Co's value of 50.15 is 5.4% below this industry median. Based on the distribution chart, Jiangsunfame Polyester Material Co ranks #468 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Jiangsunfame Polyester Material Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jiangsunfame Polyester Material Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jiangsunfame Polyester Material Co ranks #468 out of 1026 companies for Days Payable. This puts Jiangsunfame Polyester Material Co in the upper half of its industry. The industry median Days Payable is 53.04. Jiangsunfame Polyester Material Co's value of 50.15 is 5.4% below this benchmark. Historically, Jiangsunfame Polyester Material Co's own Days Payable has ranged from 38.44 to 88.12 over the past decade. While the company's 10-year median is 55.66 vs. the industry median of 53.04, Jiangsunfame Polyester Material 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.04, based on 1,026 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. Jiangsunfame Polyester Material Co's current Days Payable of 50.15 is 5.4% 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 Jiangsunfame Polyester Material Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsunfame Polyester Material Co's current Days Payable is 50.15, which is 10% below median its own 10-year median of 55.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsunfame Polyester Material Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsunfame Polyester Material Co (SHSE:600370) is currently considered Possible Value Trap. The stock's GF Value™ is ¥4.45, compared to a current price of ¥1.58 — trading 64.5% below its estimated fair value. The current Days Payable is 50.15, which is 10% below median its 10-year median of 55.66 and 5.4% below the Manufacturing - Apparel & Accessories industry median of 53.04. Jiangsunfame Polyester Material Co's overall GF Score™ is 50/100 with 6 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 Jiangsunfame Polyester Material Co (SHSE:600370), the current Days Payable is 50.15 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 Jiangsunfame Polyester Material Co (SHSE:600370) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsunfame Polyester Material Co stock appears to be undervalued.
The current stock price of ¥1.58 is trading 64.5% below its estimated GF Value™ of ¥4.45.
GuruFocus considers Jiangsunfame Polyester Material Co to be Possible Value Trap.
Key valuation signals for SHSE:600370:
Days Payable: 50.15 (10% below median its 10-year median of 55.66)
GF Value™: ¥4.45 vs. price of ¥1.58 (64.5% below fair value)
Industry Position: 5.4% below the Manufacturing - Apparel & Accessories median (#468 of 1026)
No single metric tells the full story. See the SHSE:600370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Sanfame Polyester Material Co Ltd formerly Jiangsu Sanfame Co Ltd is engaged in the production and trade of chemical fibres, polyester, and textile.
50GF Score
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