Shanghai DragonSHSE:600630 -3.52%56 Days Payable is 78.24 as of Mar. 2026, which is 175% above its 10-year median of 28.41. GuruFocus rates SHSE:600630 with a GF Score™ of 56/100 and a GF Value™ of ¥9.06 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Shanghai Dragon ranks better than 68.77% on this metric.
The historical rank and industry rank for Shanghai Dragon's Days Payable or its related term are showing as below:
SHSE:600630'
s Days Payable Range Over the Past 10 Years
Min: 23.53 Med: 28.41 Max: 87.92
Current: 81.61
During the past 13 years, Shanghai Dragon's highest Days Payable was 87.92. The lowest was 23.53. And the median was 28.41.
SHSE:600630's Days Payable is ranked better than 68.77% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945
vs SHSE:600630: 81.61
Shanghai Dragon's Days Payable
increased
from Mar. 2025 (68.91) to Mar. 2026 (78.24).
It may suggest that Shanghai Dragondelayed paying its suppliers.
Shanghai Dragon Days Payable Related Terms
Shanghai Dragon Days Payable Historical Data
* Premium members only.
The historical data trend for Shanghai Dragon'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 Dragon Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Shanghai Dragon'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 Dragon Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Dragon's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Dragon's Days Payable falls into.
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 Dragon's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Dragon (SHSE:600630) has a Days Payable of 78.24 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 Dragon and its competitors. This is 175% above median its historical median of 28.41. Over the past decade, Shanghai Dragon's Days Payable has ranged from 23.53 to 87.92. According to the industry distribution chart, Shanghai Dragon ranks #316 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.2%.
Is Shanghai Dragon's Days Payable too high?
Shanghai Dragon's current Days Payable of 78.24 is 175% above median its 10-year median of 28.41. Over the past 10 years, this metric has ranged from a low of 23.53 to a high of 87.92. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Shanghai Dragon's value of 78.24 is 45% above this industry median. Based on the distribution chart, Shanghai Dragon ranks #316 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shanghai Dragon has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Dragon's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghai Dragon ranks #316 out of 1012 companies for Days Payable. This puts Shanghai Dragon in the upper half of its industry. The industry median Days Payable is 53.95. Shanghai Dragon's value of 78.24 is 45% above this benchmark. Historically, Shanghai Dragon's own Days Payable has ranged from 23.53 to 87.92 over the past decade. While the company's 10-year median is 28.41 vs. the industry median of 53.95, Shanghai Dragon 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 53.95, based on 1,012 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 Dragon's current Days Payable of 78.24 is 45% 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 Dragon and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Dragon's current Days Payable is 78.24, which is 175% above median its own 10-year median of 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Dragon stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Dragon (SHSE:600630) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.06, compared to a current price of ¥6.86 — trading 24.3% below its estimated fair value. The current Days Payable is 78.24, which is 175% above median its 10-year median of 28.41 and 45% above the Manufacturing - Apparel & Accessories industry median of 53.95. Shanghai Dragon's overall GF Score™ is 56/100 with 1 warning sign 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 Dragon (SHSE:600630), the current Days Payable is 78.24 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 Dragon (SHSE:600630) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Dragon stock appears to be undervalued.
The current stock price of ¥6.86 is trading 24.3% below its estimated GF Value™ of ¥9.06.
GuruFocus considers Shanghai Dragon to be Modestly Undervalued.
Key valuation signals for SHSE:600630:
Days Payable: 78.24 (175% above median its 10-year median of 28.41)
GF Value™: ¥9.06 vs. price of ¥6.86 (24.3% below fair value)
Industry Position: 45% above the Manufacturing - Apparel & Accessories median (#316 of 1012)
No single metric tells the full story. See the SHSE:600630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Dragon Corp focuses on the business of urban fashionable dress and home textile and foreign trade. Its core business includes Knitting and underwear; Clothing and dress; International trade; Home textile and Printing and dyeing.
56GF Score
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