Shanghai AJ Group Co (SHSE:600643) Days Payable: 51.37 (As of Mar. 2026) — 37% Below Median


SHSE:600643 Shanghai AJ Group Co Ltd SHSE:600643
48 GF Score
Price ¥3.86
GF Value ¥3.10
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Shanghai AJ Group Co Days Payable?

Shanghai AJ Group Co SHSE:600643 +0.52% 48 Days Payable is 51.37 as of Mar. 2026, which is 37% below its 10-year median of 82.03. GuruFocus rates SHSE:600643 with a GF Score™ of 48/100 and a GF Value™ of ¥3.10 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 480 Asset Management companies, Shanghai AJ Group Co ranks worse than 62.92% on this metric.

Shanghai AJ Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥99 Mil. Shanghai AJ Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥175 Mil. Hence, Shanghai AJ Group Co's Days Payable for the three months ended in Mar. 2026 was 51.37.

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

SHSE:600643' s Days Payable Range Over the Past 10 Years
Min: 15.36   Med: 82.03   Max: 162.83
Current: 47.1

During the past 13 years, Shanghai AJ Group Co's highest Days Payable was 162.83. The lowest was 15.36. And the median was 82.03.

SHSE:600643's Days Payable is ranked worse than
62.92% of 480 companies
in the Asset Management industry
Industry Median: 70.635 vs SHSE:600643: 47.10

Shanghai AJ Group Co's Days Payable increased from Mar. 2025 (25.31) to Mar. 2026 (51.37). It may suggest that Shanghai AJ Group Co delayed paying its suppliers.


Shanghai AJ Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai AJ Group 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 AJ Group Co Days Payable Chart

Shanghai AJ Group 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 26.36 90.65 104.93 74.24 35.12

Shanghai AJ Group 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 25.31 24.36 47.36 0.00 51.37

SHSE:600643 vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Shanghai AJ Group 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 AJ Group Co Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai AJ Group Co's Days Payable distribution charts can be found below:

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


SHSE:600643
48GF Score
Shanghai AJ Group Co Ltd SHSE:600643
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai AJ Group 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 AJ Group 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
=( (100.272 + 62.25) / 2 ) / 844.589*365
=81.261 / 844.589*365
=35.12

Shanghai AJ Group 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
=( (62.25 + 135.032) / 2 ) / 175.22*365 / 4
=98.641 / 175.22*365 / 4
=51.37

* 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 51.37 mean?
Shanghai AJ Group Co (SHSE:600643) has a Days Payable of 51.37 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 AJ Group Co and its competitors. This is 37% below median its historical median of 82.03. Over the past decade, Shanghai AJ Group Co's Days Payable has ranged from 15.36 to 162.83. According to the industry distribution chart, Shanghai AJ Group Co ranks #302 out of 480 companies in the Asset Management industry, placing it in the top 62.9%.
Is Shanghai AJ Group Co's Days Payable too high?
Shanghai AJ Group Co's current Days Payable of 51.37 is 37% below median its 10-year median of 82.03. Over the past 10 years, this metric has ranged from a low of 15.36 to a high of 162.83. The Asset Management industry median Days Payable is 70.64. Shanghai AJ Group Co's value of 51.37 is 27.3% below this industry median. Based on the distribution chart, Shanghai AJ Group Co ranks #302 out of 480 companies in the Asset Management industry, which is below the industry midpoint. Overall, Shanghai AJ Group Co has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai AJ Group Co's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Shanghai AJ Group Co ranks #302 out of 480 companies for Days Payable. This places Shanghai AJ Group Co in the lower half of its industry. The industry median Days Payable is 70.64. Shanghai AJ Group Co's value of 51.37 is 27.3% below this benchmark. Historically, Shanghai AJ Group Co's own Days Payable has ranged from 15.36 to 162.83 over the past decade. While the company's 10-year median is 82.03 vs. the industry median of 70.64, Shanghai AJ Group 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 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 AJ Group Co's current Days Payable of 51.37 is 27.3% 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 AJ Group Co and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai AJ Group Co's current Days Payable is 51.37, which is 37% below median its own 10-year median of 82.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai AJ Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai AJ Group Co (SHSE:600643) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.10, compared to a current price of ¥3.86 — trading 24.5% above its estimated fair value. The current Days Payable is 51.37, which is 37% below median its 10-year median of 82.03 and 27.3% below the Asset Management industry median of 70.64. Shanghai AJ Group Co's overall GF Score™ is 48/100 with 9 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 AJ Group Co (SHSE:600643), the current Days Payable is 51.37 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 AJ Group Co (SHSE:600643) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai AJ Group Co stock appears to be overvalued. The current stock price of ¥3.86 is trading 24.5% above its estimated GF Value™ of ¥3.10. GuruFocus considers Shanghai AJ Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600643:

  • Days Payable: 51.37 (37% below median its 10-year median of 82.03)
  • GF Value™: ¥3.10 vs. price of ¥3.86 (24.5% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 27.3% below the Asset Management median (#302 of 480)

No single metric tells the full story. See the SHSE:600643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai AJ Group Co Business Description

Address 746 Zhaojiabang Road, Shanghai, CHN, 200030
Shanghai AJ Group Co Ltd provides financial services. Its services include wealth management and asset management services.
48GF Score

Get the complete analysis for SHSE:600643

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

¥3.86
Price
¥3.10
GF Value