Shandong Pharmaceutical Glass Co (SHSE:600529) Days Payable: 127.36 (As of Mar. 2026) — 22% Below Median

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SHSE:600529 Shandong Pharmaceutical Glass Co Ltd SHSE:600529
89 GF Score
Price ¥18.59
GF Value ¥24.22
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shandong Pharmaceutical Glass Co Days Payable?

Shandong Pharmaceutical Glass Co SHSE:600529 +1.86% 89 Days Payable is 127.36 as of Mar. 2026, which is 22% below its 10-year median of 164.18. GuruFocus rates SHSE:600529 with a GF Score™ of 89/100 and a GF Value™ of ¥24.22 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 381 Packaging & Containers companies, Shandong Pharmaceutical Glass Co ranks better than 91.34% on this metric.

Shandong Pharmaceutical Glass Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,147 Mil. Shandong Pharmaceutical Glass Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥822 Mil. Hence, Shandong Pharmaceutical Glass Co's Days Payable for the three months ended in Mar. 2026 was 127.36.

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

SHSE:600529' s Days Payable Range Over the Past 10 Years
Min: 148.62   Med: 164.18   Max: 173.81
Current: 148.62

During the past 13 years, Shandong Pharmaceutical Glass Co's highest Days Payable was 173.81. The lowest was 148.62. And the median was 164.18.

SHSE:600529's Days Payable is ranked better than
91.34% of 381 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs SHSE:600529: 148.62

Shandong Pharmaceutical Glass Co's Days Payable declined from Mar. 2025 (171.99) to Mar. 2026 (127.36). It may suggest that Shandong Pharmaceutical Glass Co accelerated paying its suppliers.


Shandong Pharmaceutical Glass Co Days Payable Related Terms


Shandong Pharmaceutical Glass Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Pharmaceutical Glass 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 Pharmaceutical Glass Co Days Payable Chart

Shandong Pharmaceutical Glass 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 162.69 170.01 152.07 165.66 170.70

Shandong Pharmaceutical Glass 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 171.99 172.47 151.40 143.68 127.36

SHSE:600529 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Shandong Pharmaceutical Glass 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 Pharmaceutical Glass Co Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Pharmaceutical Glass Co's Days Payable distribution charts can be found below:

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


SHSE:600529
89GF Score
Shandong Pharmaceutical Glass Co Ltd SHSE:600529
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Pharmaceutical Glass 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 Pharmaceutical Glass 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
=( (1582.777 + 1208.036) / 2 ) / 2983.735*365
=1395.4065 / 2983.735*365
=170.70

Shandong Pharmaceutical Glass 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
=( (1208.036 + 1086.779) / 2 ) / 822.101*365 / 4
=1147.4075 / 822.101*365 / 4
=127.36

* 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 127.36 mean?
Shandong Pharmaceutical Glass Co (SHSE:600529) has a Days Payable of 127.36 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 Shandong Pharmaceutical Glass Co and its competitors. This is 22% below median its historical median of 164.18. Over the past decade, Shandong Pharmaceutical Glass Co's Days Payable has ranged from 148.62 to 173.81. According to the industry distribution chart, Shandong Pharmaceutical Glass Co ranks #33 out of 381 companies in the Packaging & Containers industry, placing it in the top 8.7%.
Is Shandong Pharmaceutical Glass Co's Days Payable too high?
Shandong Pharmaceutical Glass Co's current Days Payable of 127.36 is 22% below median its 10-year median of 164.18. Over the past 10 years, this metric has ranged from a low of 148.62 to a high of 173.81. The Packaging & Containers industry median Days Payable is 57.27. Shandong Pharmaceutical Glass Co's value of 127.36 is 122.4% above this industry median. Based on the distribution chart, Shandong Pharmaceutical Glass Co ranks #33 out of 381 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Pharmaceutical Glass Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Pharmaceutical Glass Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shandong Pharmaceutical Glass Co ranks #33 out of 381 companies for Days Payable. This places Shandong Pharmaceutical Glass Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.27. Shandong Pharmaceutical Glass Co's value of 127.36 is 122.4% above this benchmark. Historically, Shandong Pharmaceutical Glass Co's own Days Payable has ranged from 148.62 to 173.81 over the past decade. While the company's 10-year median is 164.18 vs. the industry median of 57.27, Shandong Pharmaceutical Glass 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 381 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 Pharmaceutical Glass Co's current Days Payable of 127.36 is 122.4% 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 Shandong Pharmaceutical Glass Co and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Pharmaceutical Glass Co's current Days Payable is 127.36, which is 22% below median its own 10-year median of 164.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Pharmaceutical Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Pharmaceutical Glass Co (SHSE:600529) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.22, compared to a current price of ¥18.59 — trading 23.2% below its estimated fair value. The current Days Payable is 127.36, which is 22% below median its 10-year median of 164.18 and 122.4% above the Packaging & Containers industry median of 57.27. Shandong Pharmaceutical Glass Co's overall GF Score™ is 89/100 with 4 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 Shandong Pharmaceutical Glass Co (SHSE:600529), the current Days Payable is 127.36 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 Shandong Pharmaceutical Glass Co (SHSE:600529) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Pharmaceutical Glass Co stock appears to be undervalued. The current stock price of ¥18.59 is trading 23.2% below its estimated GF Value™ of ¥24.22. GuruFocus considers Shandong Pharmaceutical Glass Co to be Modestly Undervalued.

Key valuation signals for SHSE:600529:

  • Days Payable: 127.36 (22% below median its 10-year median of 164.18)
  • GF Value™: ¥24.22 vs. price of ¥18.59 (23.2% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 122.4% above the Packaging & Containers median (#33 of 381)

No single metric tells the full story. See the SHSE:600529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Pharmaceutical Glass Co Business Description

Address Yaobo Road, Yiyuan County, Zibo, Shandong, CHN, 256100
Shandong Pharmaceutical Glass Co Ltd is a pharmaceutical glass packaging product company. Its pharmaceutical glass packaging products and butyl rubber series products which service object of pharmaceutical, food, daily necessities industries. The products include for moulded injection vial for antibiotics series, tubular glass vial series, amber glass bottle series, neutral borosilicate glass bottle series, infusion bottle series, cosmetic bottles series, food bottles series, butyl rubber stopper series, prefillable syringes series, and aluminum-plastic cap series.
89GF Score

Get the complete analysis for SHSE:600529

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

¥18.59
Price
¥24.22
GF Value