Gemdale (SHSE:600383) Days Payable: 209.08 (As of Mar. 2026) — 33% Above Median

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SHSE:600383 Gemdale Corp SHSE:600383
58 GF Score
Price ¥2.24
GF Value ¥1.83
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Gemdale Days Payable?

Gemdale SHSE:600383 +2.28% 58 Days Payable is 209.08 as of Mar. 2026, which is 33% above its 10-year median of 156.77. GuruFocus rates SHSE:600383 with a GF Score™ of 58/100 and a GF Value™ of ¥1.83 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,568 Real Estate companies, Gemdale ranks better than 68.69% on this metric.

Gemdale's average Accounts Payable for the three months ended in Mar. 2026 was ¥15,177 Mil. Gemdale's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥6,624 Mil. Hence, Gemdale's Days Payable for the three months ended in Mar. 2026 was 209.08.

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

SHSE:600383' s Days Payable Range Over the Past 10 Years
Min: 122.37   Med: 156.77   Max: 214.69
Current: 186.01

During the past 13 years, Gemdale's highest Days Payable was 214.69. The lowest was 122.37. And the median was 156.77.

SHSE:600383's Days Payable is ranked better than
68.69% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs SHSE:600383: 186.01

Gemdale's Days Payable declined from Mar. 2025 (346.25) to Mar. 2026 (209.08). It may suggest that Gemdale accelerated paying its suppliers.


Gemdale Days Payable Historical Data

* Premium members only.

The historical data trend for Gemdale'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.

Gemdale Days Payable Chart

Gemdale 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 162.20 140.23 141.27 142.05 214.69

Gemdale 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 346.25 196.90 212.67 142.71 209.08

Gemdale Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Gemdale'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.


Gemdale Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gemdale's Days Payable distribution charts can be found below:

* The bar in red indicates where Gemdale's Days Payable falls into.


SHSE:600383
58GF Score
Gemdale Corp SHSE:600383
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gemdale 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.

Gemdale'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
=( (20848.032 + 15759.083) / 2 ) / 31118.655*365
=18303.5575 / 31118.655*365
=214.69

Gemdale'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
=( (15759.083 + 14594.895) / 2 ) / 6623.888*365 / 4
=15176.989 / 6623.888*365 / 4
=209.08

* 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 209.08 mean?
Gemdale (SHSE:600383) has a Days Payable of 209.08 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 Gemdale and its competitors. This is 33% above median its historical median of 156.77. Over the past decade, Gemdale's Days Payable has ranged from 122.37 to 214.69. According to the industry distribution chart, Gemdale ranks #491 out of 1568 companies in the Real Estate industry, placing it in the top 31.3%.
Is Gemdale's Days Payable too high?
Gemdale's current Days Payable of 209.08 is 33% above median its 10-year median of 156.77. Over the past 10 years, this metric has ranged from a low of 122.37 to a high of 214.69. The Real Estate industry median Days Payable is 94.38. Gemdale's value of 209.08 is 121.5% above this industry median. Based on the distribution chart, Gemdale ranks #491 out of 1568 companies in the Real Estate industry, which is above the industry midpoint. Overall, Gemdale has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gemdale's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Gemdale ranks #491 out of 1568 companies for Days Payable. This puts Gemdale in the upper half of its industry. The industry median Days Payable is 94.38. Gemdale's value of 209.08 is 121.5% above this benchmark. Historically, Gemdale's own Days Payable has ranged from 122.37 to 214.69 over the past decade. While the company's 10-year median is 156.77 vs. the industry median of 94.38, Gemdale 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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. Gemdale's current Days Payable of 209.08 is 121.5% 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 Gemdale and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gemdale's current Days Payable is 209.08, which is 33% above median its own 10-year median of 156.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemdale stock overvalued right now?
Based on GuruFocus' analysis, Gemdale (SHSE:600383) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.83, compared to a current price of ¥2.24 — trading 22.4% above its estimated fair value. The current Days Payable is 209.08, which is 33% above median its 10-year median of 156.77 and 121.5% above the Real Estate industry median of 94.38. Gemdale's overall GF Score™ is 58/100 with 8 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 Gemdale (SHSE:600383), the current Days Payable is 209.08 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 Gemdale (SHSE:600383) Overvalued in 2026?

Based on GuruFocus' analysis, Gemdale stock appears to be overvalued. The current stock price of ¥2.24 is trading 22.4% above its estimated GF Value™ of ¥1.83. GuruFocus considers Gemdale to be Modestly Overvalued.

Key valuation signals for SHSE:600383:

  • Days Payable: 209.08 (33% above median its 10-year median of 156.77)
  • GF Value™: ¥1.83 vs. price of ¥2.24 (22.4% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 121.5% above the Real Estate median (#491 of 1568)

No single metric tells the full story. See the SHSE:600383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gemdale Business Description

Address No. 2007 Shennan Avenue, Futian Street, 32nd Floor, Gemdale Center, Gangxia Community, Futian District, Shenzhen, Guangdong, CHN, 518026
Gemdale Corp is a China-based company engaged in real estate development. Its businesses include the development and sales and decoration of residences, development and sales and operation of commercial real estate, real estate financing, property service, and community operating, international education featuring tennis and sports business.
58GF Score

Get the complete analysis for SHSE:600383

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

¥2.24
Price
¥1.83
GF Value