Black Peony (Group) Co (SHSE:600510) Days Payable: 315.20 (As of Mar. 2026) — 175% Above Median

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SHSE:600510 Black Peony (Group) Co Ltd SHSE:600510
53 GF Score
Price ¥6.59
GF Value ¥3.48
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Black Peony (Group) Co Days Payable?

Black Peony (Group) Co SHSE:600510 +0.61% 53 Days Payable is 315.20 as of Mar. 2026, which is 175% above its 10-year median of 114.44. GuruFocus rates SHSE:600510 with a GF Score™ of 53/100 and a GF Value™ of ¥3.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,713 Construction companies, Black Peony (Group) Co ranks better than 76.01% on this metric.

Black Peony (Group) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,394 Mil. Black Peony (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥404 Mil. Hence, Black Peony (Group) Co's Days Payable for the three months ended in Mar. 2026 was 315.20.

The historical rank and industry rank for Black Peony (Group) Co's Days Payable or its related term are showing as below:

SHSE:600510' s Days Payable Range Over the Past 10 Years
Min: 87.82   Med: 114.44   Max: 178.42
Current: 154.35

During the past 13 years, Black Peony (Group) Co's highest Days Payable was 178.42. The lowest was 87.82. And the median was 114.44.

SHSE:600510's Days Payable is ranked better than
76.01% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs SHSE:600510: 154.35

Black Peony (Group) Co's Days Payable increased from Mar. 2025 (289.59) to Mar. 2026 (315.20). It may suggest that Black Peony (Group) Co delayed paying its suppliers.


Black Peony (Group) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Black Peony (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.

Black Peony (Group) Co Days Payable Chart

Black Peony (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 135.64 93.21 87.82 178.42 154.08

Black Peony (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 289.59 175.04 195.38 84.08 315.20

SHSE:600510 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Black Peony (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.


Black Peony (Group) Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Black Peony (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Black Peony (Group) Co's Days Payable falls into.


SHSE:600510
53GF Score
Black Peony (Group) Co Ltd SHSE:600510
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Peony (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.

Black Peony (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
=( (1591.27 + 1359.568) / 2 ) / 3495.036*365
=1475.419 / 3495.036*365
=154.08

Black Peony (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
=( (1359.568 + 1428.122) / 2 ) / 403.514*365 / 4
=1393.845 / 403.514*365 / 4
=315.20

* 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 315.20 mean?
Black Peony (Group) Co (SHSE:600510) has a Days Payable of 315.20 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 Black Peony (Group) Co and its competitors. This is 175% above median its historical median of 114.44. Over the past decade, Black Peony (Group) Co's Days Payable has ranged from 87.82 to 178.42. According to the industry distribution chart, Black Peony (Group) Co ranks #411 out of 1713 companies in the Construction industry, placing it in the top 24%.
Is Black Peony (Group) Co's Days Payable too high?
Black Peony (Group) Co's current Days Payable of 315.20 is 175% above median its 10-year median of 114.44. Over the past 10 years, this metric has ranged from a low of 87.82 to a high of 178.42. The Construction industry median Days Payable is 76.49. Black Peony (Group) Co's value of 315.20 is 312.1% above this industry median. Based on the distribution chart, Black Peony (Group) Co ranks #411 out of 1713 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Black Peony (Group) Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Peony (Group) Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Black Peony (Group) Co ranks #411 out of 1713 companies for Days Payable. This places Black Peony (Group) Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.49. Black Peony (Group) Co's value of 315.20 is 312.1% above this benchmark. Historically, Black Peony (Group) Co's own Days Payable has ranged from 87.82 to 178.42 over the past decade. While the company's 10-year median is 114.44 vs. the industry median of 76.49, Black Peony (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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Black Peony (Group) Co's current Days Payable of 315.20 is 312.1% 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 Black Peony (Group) Co and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Peony (Group) Co's current Days Payable is 315.20, which is 175% above median its own 10-year median of 114.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Peony (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Black Peony (Group) Co (SHSE:600510) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.48, compared to a current price of ¥6.59 — trading 89.4% above its estimated fair value. The current Days Payable is 315.20, which is 175% above median its 10-year median of 114.44 and 312.1% above the Construction industry median of 76.49. Black Peony (Group) Co's overall GF Score™ is 53/100 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 Black Peony (Group) Co (SHSE:600510), the current Days Payable is 315.20 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 Black Peony (Group) Co (SHSE:600510) Overvalued in 2026?

Based on GuruFocus' analysis, Black Peony (Group) Co stock appears to be overvalued. The current stock price of ¥6.59 is trading 89.4% above its estimated GF Value™ of ¥3.48. GuruFocus considers Black Peony (Group) Co to be Significantly Overvalued.

Key valuation signals for SHSE:600510:

  • Days Payable: 315.20 (175% above median its 10-year median of 114.44)
  • GF Value™: ¥3.48 vs. price of ¥6.59 (89.4% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 312.1% above the Construction median (#411 of 1713)

No single metric tells the full story. See the SHSE:600510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Black Peony (Group) Co Business Description

Address No. 47 Qing Yang Bei Lu, Tianning Qu, Jiangsu Sheng, Changshu, CHN, 213017
Black Peony (Group) Co Ltd is a China-based company mainly engaged in the two sectors of new urbanization construction and textiles and garments. The group generates the majority of its revenue from Urbanization construction. The company's new urbanization construction business mainly includes infrastructure construction, affordable housing construction, real estate development, property services business, the development and operation of characteristic industrial science and technology parks, the transformation and operation of cultural and creative parks, and other real estate businesses.
53GF Score

Get the complete analysis for SHSE:600510

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

¥6.59
Price
¥3.48
GF Value