Nanjing Chixia Development Co (SHSE:600533) Days Payable: 214.84 (As of Mar. 2026) — 78% Above Median

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SHSE:600533 Nanjing Chixia Development Co Ltd SHSE:600533
51 GF Score
Price ¥1.96
GF Value ¥2.61
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Nanjing Chixia Development Co Days Payable?

Nanjing Chixia Development Co SHSE:600533 +2.62% 51 Days Payable is 214.84 as of Mar. 2026, which is 78% above its 10-year median of 120.90. GuruFocus rates SHSE:600533 with a GF Score™ of 51/100 and a GF Value™ of ¥2.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,572 Real Estate companies, Nanjing Chixia Development Co ranks better than 50.76% on this metric.

Nanjing Chixia Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,056 Mil. Nanjing Chixia Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥448 Mil. Hence, Nanjing Chixia Development Co's Days Payable for the three months ended in Mar. 2026 was 214.84.

The historical rank and industry rank for Nanjing Chixia Development Co's Days Payable or its related term are showing as below:

SHSE:600533' s Days Payable Range Over the Past 10 Years
Min: 41.78   Med: 120.9   Max: 222.06
Current: 95.47

During the past 13 years, Nanjing Chixia Development Co's highest Days Payable was 222.06. The lowest was 41.78. And the median was 120.90.

SHSE:600533's Days Payable is ranked better than
50.76% of 1572 companies
in the Real Estate industry
Industry Median: 93.66 vs SHSE:600533: 95.47

Nanjing Chixia Development Co's Days Payable declined from Mar. 2025 (464.33) to Mar. 2026 (214.84). It may suggest that Nanjing Chixia Development Co accelerated paying its suppliers.


Nanjing Chixia Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nanjing Chixia Development 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.

Nanjing Chixia Development Co Days Payable Chart

Nanjing Chixia Development 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 99.26 41.78 69.68 222.06 115.62

Nanjing Chixia Development 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 464.33 33.91 191.91 457.34 214.84

Nanjing Chixia Development Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Nanjing Chixia Development 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.


Nanjing Chixia Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nanjing Chixia Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Chixia Development Co's Days Payable falls into.


SHSE:600533
51GF Score
Nanjing Chixia Development Co Ltd SHSE:600533
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Chixia Development 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.

Nanjing Chixia Development 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
=( (1323.206 + 1214.024) / 2 ) / 4004.908*365
=1268.615 / 4004.908*365
=115.62

Nanjing Chixia Development 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
=( (1214.024 + 897.311) / 2 ) / 448.385*365 / 4
=1055.6675 / 448.385*365 / 4
=214.84

* 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 214.84 mean?
Nanjing Chixia Development Co (SHSE:600533) has a Days Payable of 214.84 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 Nanjing Chixia Development Co and its competitors. This is 78% above median its historical median of 120.90. Over the past decade, Nanjing Chixia Development Co's Days Payable has ranged from 41.78 to 222.06. According to the industry distribution chart, Nanjing Chixia Development Co ranks #774 out of 1572 companies in the Real Estate industry, placing it in the top 49.2%.
Is Nanjing Chixia Development Co's Days Payable too high?
Nanjing Chixia Development Co's current Days Payable of 214.84 is 78% above median its 10-year median of 120.90. Over the past 10 years, this metric has ranged from a low of 41.78 to a high of 222.06. The Real Estate industry median Days Payable is 93.66. Nanjing Chixia Development Co's value of 214.84 is 129.4% above this industry median. Based on the distribution chart, Nanjing Chixia Development Co ranks #774 out of 1572 companies in the Real Estate industry, which is above the industry midpoint. Overall, Nanjing Chixia Development Co has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chixia Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Nanjing Chixia Development Co ranks #774 out of 1572 companies for Days Payable. This puts Nanjing Chixia Development Co in the upper half of its industry. The industry median Days Payable is 93.66. Nanjing Chixia Development Co's value of 214.84 is 129.4% above this benchmark. Historically, Nanjing Chixia Development Co's own Days Payable has ranged from 41.78 to 222.06 over the past decade. While the company's 10-year median is 120.90 vs. the industry median of 93.66, Nanjing Chixia Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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. Nanjing Chixia Development Co's current Days Payable of 214.84 is 129.4% 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 Nanjing Chixia Development Co and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Chixia Development Co's current Days Payable is 214.84, which is 78% above median its own 10-year median of 120.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chixia Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chixia Development Co (SHSE:600533) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.61, compared to a current price of ¥1.96 — trading 24.9% below its estimated fair value. The current Days Payable is 214.84, which is 78% above median its 10-year median of 120.90 and 129.4% above the Real Estate industry median of 93.66. Nanjing Chixia Development Co's overall GF Score™ is 51/100 with 7 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 Nanjing Chixia Development Co (SHSE:600533), the current Days Payable is 214.84 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 Nanjing Chixia Development Co (SHSE:600533) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Chixia Development Co stock appears to be undervalued. The current stock price of ¥1.96 is trading 24.9% below its estimated GF Value™ of ¥2.61. GuruFocus considers Nanjing Chixia Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:600533:

  • Days Payable: 214.84 (78% above median its 10-year median of 120.90)
  • GF Value™: ¥2.61 vs. price of ¥1.96 (24.9% below fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 129.4% above the Real Estate median (#774 of 1572)

No single metric tells the full story. See the SHSE:600533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Chixia Development Co Business Description

Address No. 99, Xianlin Avenue, Building 8, Qixia District, Nanjing, CHN, 210046
Nanjing Chixia Development Co Ltd is a real estate development company. The group has developed various types of construction such as residential buildings, office buildings, and large-scale public buildings. The planning, design, construction quality, garden landscape, decoration, and decoration have all reached the first-class level.
51GF Score

Get the complete analysis for SHSE:600533

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

¥1.96
Price
¥2.61
GF Value