Shanghai Shenda Co (SHSE:600626) Days Payable: 70.80 (As of Mar. 2026) — 32% Above Median

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SHSE:600626 Shanghai Shenda Co Ltd SHSE:600626
52 GF Score
Price ¥3.29
GF Value ¥3.10
Valuation Fairly Valued
! 3 Warning Signs
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What is Shanghai Shenda Co Days Payable?

Shanghai Shenda Co SHSE:600626 +0.61% 52 Days Payable is 70.80 as of Mar. 2026, which is 32% above its 10-year median of 53.54. GuruFocus rates SHSE:600626 with a GF Score™ of 52/100 and a GF Value™ of ¥3.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Shanghai Shenda Co ranks better than 58.04% on this metric.

Shanghai Shenda Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,667 Mil. Shanghai Shenda Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,149 Mil. Hence, Shanghai Shenda Co's Days Payable for the three months ended in Mar. 2026 was 70.80.

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

SHSE:600626' s Days Payable Range Over the Past 10 Years
Min: 39.19   Med: 53.54   Max: 67.98
Current: 63.31

During the past 13 years, Shanghai Shenda Co's highest Days Payable was 67.98. The lowest was 39.19. And the median was 53.54.

SHSE:600626's Days Payable is ranked better than
58.04% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs SHSE:600626: 63.31

Shanghai Shenda Co's Days Payable increased from Mar. 2025 (70.79) to Mar. 2026 (70.80). It may suggest that Shanghai Shenda Co delayed paying its suppliers.


Shanghai Shenda Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Shenda 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 Shenda Co Days Payable Chart

Shanghai Shenda 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 51.63 60.85 67.98 64.13 67.39

Shanghai Shenda 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 70.79 61.35 64.06 60.16 70.80

Shanghai Shenda Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Shanghai Shenda 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 Shenda Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Shenda Co's Days Payable distribution charts can be found below:

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


SHSE:600626
52GF Score
Shanghai Shenda Co Ltd SHSE:600626
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Shenda 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 Shenda 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
=( (1790.153 + 1770.595) / 2 ) / 9643.084*365
=1780.374 / 9643.084*365
=67.39

Shanghai Shenda 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
=( (1770.595 + 1564.137) / 2 ) / 2148.922*365 / 4
=1667.366 / 2148.922*365 / 4
=70.80

* 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 70.80 mean?
Shanghai Shenda Co (SHSE:600626) has a Days Payable of 70.80 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 Shenda Co and its competitors. This is 32% above median its historical median of 53.54. Over the past decade, Shanghai Shenda Co's Days Payable has ranged from 39.19 to 67.98. According to the industry distribution chart, Shanghai Shenda Co ranks #428 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42%.
Is Shanghai Shenda Co's Days Payable too high?
Shanghai Shenda Co's current Days Payable of 70.80 is 32% above median its 10-year median of 53.54. Over the past 10 years, this metric has ranged from a low of 39.19 to a high of 67.98. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Shanghai Shenda Co's value of 70.80 is 30.5% above this industry median. Based on the distribution chart, Shanghai Shenda Co ranks #428 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shanghai Shenda Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shenda Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghai Shenda Co ranks #428 out of 1020 companies for Days Payable. This puts Shanghai Shenda Co in the upper half of its industry. The industry median Days Payable is 54.27. Shanghai Shenda Co's value of 70.80 is 30.5% above this benchmark. Historically, Shanghai Shenda Co's own Days Payable has ranged from 39.19 to 67.98 over the past decade. While the company's 10-year median is 53.54 vs. the industry median of 54.27, Shanghai Shenda 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.27, based on 1,020 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 Shenda Co's current Days Payable of 70.80 is 30.5% 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 Shenda Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Shenda Co's current Days Payable is 70.80, which is 32% above median its own 10-year median of 53.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shenda Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shenda Co (SHSE:600626) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.10, compared to a current price of ¥3.29 — trading 6.1% above its estimated fair value. The current Days Payable is 70.80, which is 32% above median its 10-year median of 53.54 and 30.5% above the Manufacturing - Apparel & Accessories industry median of 54.27. Shanghai Shenda Co's overall GF Score™ is 52/100 with 3 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 Shenda Co (SHSE:600626), the current Days Payable is 70.80 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 Shenda Co (SHSE:600626) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Shenda Co stock appears to be overvalued. The current stock price of ¥3.29 is trading 6.1% above its estimated GF Value™ of ¥3.10. GuruFocus considers Shanghai Shenda Co to be Fairly Valued.

Key valuation signals for SHSE:600626:

  • Days Payable: 70.80 (32% above median its 10-year median of 53.54)
  • GF Value™: ¥3.10 vs. price of ¥3.29 (6.1% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 30.5% above the Manufacturing - Apparel & Accessories median (#428 of 1020)

No single metric tells the full story. See the SHSE:600626 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Shenda Co Business Description

Address 1500 Jiangning Road, Shenda International Building, Shanghai, CHN, 200060
Shanghai Shenda Co Ltd is engaged in the international and domestic trade of textile products.
52GF Score

Get the complete analysis for SHSE:600626

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

¥3.29
Price
¥3.10
GF Value