Shanghai Feilo Acoustics Co (SHSE:600651) Days Payable: 103.46 (As of Mar. 2026) — 20% Below Median

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SHSE:600651 Shanghai Feilo Acoustics Co Ltd SHSE:600651
52 GF Score
Price ¥5.25
GF Value ¥3.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shanghai Feilo Acoustics Co Days Payable?

Shanghai Feilo Acoustics Co SHSE:600651 +1.74% 52 Days Payable is 103.46 as of Mar. 2026, which is 20% below its 10-year median of 129.05. GuruFocus rates SHSE:600651 with a GF Score™ of 52/100 and a GF Value™ of ¥3.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Shanghai Feilo Acoustics Co ranks better than 62.5% on this metric.

Shanghai Feilo Acoustics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥310 Mil. Shanghai Feilo Acoustics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥274 Mil. Hence, Shanghai Feilo Acoustics Co's Days Payable for the three months ended in Mar. 2026 was 103.46.

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

SHSE:600651' s Days Payable Range Over the Past 10 Years
Min: 87.32   Med: 129.05   Max: 560.97
Current: 87.32

During the past 13 years, Shanghai Feilo Acoustics Co's highest Days Payable was 560.97. The lowest was 87.32. And the median was 129.05.

SHSE:600651's Days Payable is ranked better than
62.5% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs SHSE:600651: 87.32

Shanghai Feilo Acoustics Co's Days Payable increased from Mar. 2025 (102.13) to Mar. 2026 (103.46). It may suggest that Shanghai Feilo Acoustics Co delayed paying its suppliers.


Shanghai Feilo Acoustics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Feilo Acoustics 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 Feilo Acoustics Co Days Payable Chart

Shanghai Feilo Acoustics 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 107.87 104.44 98.29 99.26 93.58

Shanghai Feilo Acoustics 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 102.13 80.10 87.51 85.79 103.46

SHSE:600651 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Shanghai Feilo Acoustics 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 Feilo Acoustics Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shanghai Feilo Acoustics Co's Days Payable distribution charts can be found below:

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


SHSE:600651
52GF Score
Shanghai Feilo Acoustics Co Ltd SHSE:600651
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Feilo Acoustics 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 Feilo Acoustics 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
=( (446.897 + 321.646) / 2 ) / 1498.751*365
=384.2715 / 1498.751*365
=93.58

Shanghai Feilo Acoustics 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
=( (321.646 + 298.651) / 2 ) / 273.55*365 / 4
=310.1485 / 273.55*365 / 4
=103.46

* 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 103.46 mean?
Shanghai Feilo Acoustics Co (SHSE:600651) has a Days Payable of 103.46 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 Feilo Acoustics Co and its competitors. This is 20% below median its historical median of 129.05. Over the past decade, Shanghai Feilo Acoustics Co's Days Payable has ranged from 87.32 to 560.97. According to the industry distribution chart, Shanghai Feilo Acoustics Co ranks #156 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 37.5%.
Is Shanghai Feilo Acoustics Co's Days Payable too high?
Shanghai Feilo Acoustics Co's current Days Payable of 103.46 is 20% below median its 10-year median of 129.05. Over the past 10 years, this metric has ranged from a low of 87.32 to a high of 560.97. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Shanghai Feilo Acoustics Co's value of 103.46 is 62.3% above this industry median. Based on the distribution chart, Shanghai Feilo Acoustics Co ranks #156 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Shanghai Feilo Acoustics Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Feilo Acoustics Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Shanghai Feilo Acoustics Co ranks #156 out of 416 companies for Days Payable. This puts Shanghai Feilo Acoustics Co in the upper half of its industry. The industry median Days Payable is 63.75. Shanghai Feilo Acoustics Co's value of 103.46 is 62.3% above this benchmark. Historically, Shanghai Feilo Acoustics Co's own Days Payable has ranged from 87.32 to 560.97 over the past decade. While the company's 10-year median is 129.05 vs. the industry median of 63.75, Shanghai Feilo Acoustics 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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 Feilo Acoustics Co's current Days Payable of 103.46 is 62.3% 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 Feilo Acoustics Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Feilo Acoustics Co's current Days Payable is 103.46, which is 20% below median its own 10-year median of 129.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Feilo Acoustics Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Feilo Acoustics Co (SHSE:600651) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.21, compared to a current price of ¥5.25 — trading 63.6% above its estimated fair value. The current Days Payable is 103.46, which is 20% below median its 10-year median of 129.05 and 62.3% above the Furnishings, Fixtures & Appliances industry median of 63.75. Shanghai Feilo Acoustics Co's overall GF Score™ is 52/100 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 Feilo Acoustics Co (SHSE:600651), the current Days Payable is 103.46 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 Feilo Acoustics Co (SHSE:600651) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Feilo Acoustics Co stock appears to be overvalued. The current stock price of ¥5.25 is trading 63.6% above its estimated GF Value™ of ¥3.21. GuruFocus considers Shanghai Feilo Acoustics Co to be Significantly Overvalued.

Key valuation signals for SHSE:600651:

  • Days Payable: 103.46 (20% below median its 10-year median of 129.05)
  • GF Value™: ¥3.21 vs. price of ¥5.25 (63.6% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 62.3% above the Furnishings, Fixtures & Appliances median (#156 of 416)

No single metric tells the full story. See the SHSE:600651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Feilo Acoustics Co Business Description

Address No. 1001 Jiaxin Road, Building 7, Jiading District, Shanghai, CHN, 200233
Shanghai Feilo Acoustics Co Ltd is a multinational lighting company. It offers landscape lighting, road lighting, automotive lighting, indoor lighting, and other commercial lighting products under the Ya and Sylvania brands.
52GF Score

Get the complete analysis for SHSE:600651

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

¥5.25
Price
¥3.21
GF Value