Shanghai Jinfeng Wine Co (SHSE:600616) Days Payable: 101.90 (As of Mar. 2026) — 10% Above Median

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SHSE:600616 Shanghai Jinfeng Wine Co Ltd SHSE:600616
58 GF Score
Price ¥4.10
GF Value ¥4.20
Valuation Fairly Valued
! 2 Warning Signs
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What is Shanghai Jinfeng Wine Co Days Payable?

Shanghai Jinfeng Wine Co SHSE:600616 +2.50% 58 Days Payable is 101.90 as of Mar. 2026, which is 10% above its 10-year median of 92.58. GuruFocus rates SHSE:600616 with a GF Score™ of 58/100 and a GF Value™ of ¥4.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 200 Beverages - Alcoholic companies, Shanghai Jinfeng Wine Co ranks worse than 53% on this metric.

Shanghai Jinfeng Wine Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥74.9 Mil. Shanghai Jinfeng Wine Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥67.1 Mil. Hence, Shanghai Jinfeng Wine Co's Days Payable for the three months ended in Mar. 2026 was 101.90.

The historical rank and industry rank for Shanghai Jinfeng Wine Co's Days Payable or its related term are showing as below:

SHSE:600616' s Days Payable Range Over the Past 10 Years
Min: 75.92   Med: 92.58   Max: 123.39
Current: 75.92

During the past 13 years, Shanghai Jinfeng Wine Co's highest Days Payable was 123.39. The lowest was 75.92. And the median was 92.58.

SHSE:600616's Days Payable is ranked worse than
53% of 200 companies
in the Beverages - Alcoholic industry
Industry Median: 82.04 vs SHSE:600616: 75.92

Shanghai Jinfeng Wine Co's Days Payable increased from Mar. 2025 (86.71) to Mar. 2026 (101.90). It may suggest that Shanghai Jinfeng Wine Co delayed paying its suppliers.


Shanghai Jinfeng Wine Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Jinfeng Wine 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.

Shanghai Jinfeng Wine Co Days Payable Chart

Shanghai Jinfeng Wine 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 79.27 80.51 92.93 89.78 102.86

Shanghai Jinfeng Wine 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 86.71 89.02 58.98 60.70 101.90

SHSE:600616 vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Shanghai Jinfeng Wine 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.


Shanghai Jinfeng Wine Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanghai Jinfeng Wine Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Jinfeng Wine Co's Days Payable falls into.


SHSE:600616
58GF Score
Shanghai Jinfeng Wine Co Ltd SHSE:600616
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Jinfeng Wine 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.

Shanghai Jinfeng Wine 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
=( (77.282 + 91.027) / 2 ) / 298.616*365
=84.1545 / 298.616*365
=102.86

Shanghai Jinfeng Wine 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
=( (91.027 + 58.842) / 2 ) / 67.101*365 / 4
=74.9345 / 67.101*365 / 4
=101.90

* 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 101.90 mean?
Shanghai Jinfeng Wine Co (SHSE:600616) has a Days Payable of 101.90 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 Shanghai Jinfeng Wine Co and its competitors. This is 10% above median its historical median of 92.58. Over the past decade, Shanghai Jinfeng Wine Co's Days Payable has ranged from 75.92 to 123.39. According to the industry distribution chart, Shanghai Jinfeng Wine Co ranks #106 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 53%.
Is Shanghai Jinfeng Wine Co's Days Payable too high?
Shanghai Jinfeng Wine Co's current Days Payable of 101.90 is 10% above median its 10-year median of 92.58. Over the past 10 years, this metric has ranged from a low of 75.92 to a high of 123.39. The Beverages - Alcoholic industry median Days Payable is 82.04. Shanghai Jinfeng Wine Co's value of 101.90 is 24.2% above this industry median. Based on the distribution chart, Shanghai Jinfeng Wine Co ranks #106 out of 200 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Shanghai Jinfeng Wine Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jinfeng Wine Co's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanghai Jinfeng Wine Co ranks #106 out of 200 companies for Days Payable. This places Shanghai Jinfeng Wine Co in the lower half of its industry. The industry median Days Payable is 82.04. Shanghai Jinfeng Wine Co's value of 101.90 is 24.2% above this benchmark. Historically, Shanghai Jinfeng Wine Co's own Days Payable has ranged from 75.92 to 123.39 over the past decade. While the company's 10-year median is 92.58 vs. the industry median of 82.04, Shanghai Jinfeng Wine 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 200 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. Shanghai Jinfeng Wine Co's current Days Payable of 101.90 is 24.2% 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 Shanghai Jinfeng Wine Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jinfeng Wine Co's current Days Payable is 101.90, which is 10% above median its own 10-year median of 92.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jinfeng Wine Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jinfeng Wine Co (SHSE:600616) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.20, compared to a current price of ¥4.10 — trading 2.4% below its estimated fair value. The current Days Payable is 101.90, which is 10% above median its 10-year median of 92.58 and 24.2% above the Beverages - Alcoholic industry median of 82.04. Shanghai Jinfeng Wine Co's overall GF Score™ is 58/100 with 2 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 Shanghai Jinfeng Wine Co (SHSE:600616), the current Days Payable is 101.90 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 Shanghai Jinfeng Wine Co (SHSE:600616) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Jinfeng Wine Co stock appears to be undervalued. The current stock price of ¥4.10 is trading 2.4% below its estimated GF Value™ of ¥4.20. GuruFocus considers Shanghai Jinfeng Wine Co to be Fairly Valued.

Key valuation signals for SHSE:600616:

  • Days Payable: 101.90 (10% above median its 10-year median of 92.58)
  • GF Value™: ¥4.20 vs. price of ¥4.10 (2.4% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 24.2% above the Beverages - Alcoholic median (#106 of 200)

No single metric tells the full story. See the SHSE:600616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Jinfeng Wine Co Business Description

Address No. 579 Zhangyang Road, Sanxin Building, Pudong, Shanghai, Shanghai, CHN, 200120
Shanghai Jinfeng Wine Co Ltd is a China-based company. It is principally engaged in the production and sales of rice wine products. The company is also engaged in the production and sales of wine and cooking wine. The company mainly distributes its products under the Shikumen brand.
58GF Score

Get the complete analysis for SHSE:600616

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

¥4.10
Price
¥4.20
GF Value