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* 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.
For the Conglomerates subindustry, Shanghai Fudan Forward S&T 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 Fudan Forward S&T Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shanghai Fudan Forward S&T Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Fudan Forward S&T Co's Days Payable falls into.
Shanghai Fudan Forward S&T 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.
* 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 Fudan Forward S&T Co (SHSE:600624) has a Days Payable of 35.38 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 Fudan Forward S&T Co and its competitors. This is 69% below median its historical median of 112.60. Over the past decade, Shanghai Fudan Forward S&T Co's Days Payable has ranged from 36.93 to 290.84. According to the industry distribution chart, Shanghai Fudan Forward S&T Co ranks #367 out of 509 companies in the Conglomerates industry, placing it in the top 72.1%.
Is Shanghai Fudan Forward S&T Co's Days Payable too high?
Shanghai Fudan Forward S&T Co's current Days Payable of 35.38 is 69% below median its 10-year median of 112.60. Over the past 10 years, this metric has ranged from a low of 36.93 to a high of 290.84. The Conglomerates industry median Days Payable is 56.04. Shanghai Fudan Forward S&T Co's value of 35.38 is 36.9% below this industry median. Based on the distribution chart, Shanghai Fudan Forward S&T Co ranks #367 out of 509 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Shanghai Fudan Forward S&T Co has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Fudan Forward S&T Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Fudan Forward S&T Co ranks #367 out of 509 companies for Days Payable. This places Shanghai Fudan Forward S&T Co in the lower half of its industry. The industry median Days Payable is 56.04. Shanghai Fudan Forward S&T Co's value of 35.38 is 36.9% below this benchmark. Historically, Shanghai Fudan Forward S&T Co's own Days Payable has ranged from 36.93 to 290.84 over the past decade. While the company's 10-year median is 112.60 vs. the industry median of 56.04, Shanghai Fudan Forward S&T Co has consistently been below 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 509 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 Fudan Forward S&T Co's current Days Payable of 35.38 is 36.9% below 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 Fudan Forward S&T Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Fudan Forward S&T Co's current Days Payable is 35.38, which is 69% below median its own 10-year median of 112.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Fudan Forward S&T Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Fudan Forward S&T Co (SHSE:600624) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.97, compared to a current price of ¥3.52 — trading 29.2% below its estimated fair value. The current Days Payable is 35.38, which is 69% below median its 10-year median of 112.60 and 36.9% below the Conglomerates industry median of 56.04. Shanghai Fudan Forward S&T Co's overall GF Score™ is 36/100 with 5 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 Fudan Forward S&T Co (SHSE:600624), the current Days Payable is 35.38 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 Fudan Forward S&T Co (SHSE:600624) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Fudan Forward S&T Co stock appears to be undervalued.
The current stock price of ¥3.52 is trading 29.2% below its estimated GF Value™ of ¥4.97.
GuruFocus considers Shanghai Fudan Forward S&T Co to be Modestly Undervalued.
Key valuation signals for SHSE:600624:
Days Payable: 35.38 (69% below median its 10-year median of 112.60)
GF Value™: ¥4.97 vs. price of ¥3.52 (29.2% below fair value)
Industry Position: 36.9% below the Conglomerates median (#367 of 509)
No single metric tells the full story. See the SHSE:600624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Fudan Forward S&T Co Business Description
Shanghai Fudan Forward S&T Co Ltd is a multi-industry, cross-regional, export-oriented and multi-functional comprehensive enterprise integrating domestic and foreign trade, textile new materials, automobile interiors, real estate and other industries.
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