Liaoning Shenhua Holdings Co (SHSE:600653) Days Payable: 32.69 (As of Mar. 2026) — 12% Above Median


SHSE:600653 Liaoning Shenhua Holdings Co Ltd SHSE:600653
46 GF Score
Price ¥1.56
GF Value ¥1.52
Valuation Fairly Valued
! 5 Warning Signs
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What is Liaoning Shenhua Holdings Co Days Payable?

Liaoning Shenhua Holdings Co SHSE:600653 -1.27% 46 Days Payable is 32.69 as of Mar. 2026, which is 12% above its 10-year median of 29.31. GuruFocus rates SHSE:600653 with a GF Score™ of 46/100 and a GF Value™ of ¥1.52 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Liaoning Shenhua Holdings Co ranks worse than 87.39% on this metric.

Liaoning Shenhua Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥246 Mil. Liaoning Shenhua Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥686 Mil. Hence, Liaoning Shenhua Holdings Co's Days Payable for the three months ended in Mar. 2026 was 32.69.

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

SHSE:600653' s Days Payable Range Over the Past 10 Years
Min: 16.05   Med: 29.31   Max: 89.66
Current: 28.9

During the past 13 years, Liaoning Shenhua Holdings Co's highest Days Payable was 89.66. The lowest was 16.05. And the median was 29.31.

SHSE:600653's Days Payable is ranked worse than
87.39% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs SHSE:600653: 28.90

Liaoning Shenhua Holdings Co's Days Payable declined from Mar. 2025 (37.46) to Mar. 2026 (32.69). It may suggest that Liaoning Shenhua Holdings Co accelerated paying its suppliers.


Liaoning Shenhua Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Liaoning Shenhua Holdings 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.

Liaoning Shenhua Holdings Co Days Payable Chart

Liaoning Shenhua Holdings 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 17.82 21.21 16.05 24.37 34.72

Liaoning Shenhua Holdings 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 37.46 27.82 30.44 27.44 32.69

SHSE:600653 vs CVNA, PAG, ALTB: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Liaoning Shenhua Holdings 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.


Liaoning Shenhua Holdings Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Liaoning Shenhua Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Liaoning Shenhua Holdings Co's Days Payable falls into.


SHSE:600653
46GF Score
Liaoning Shenhua Holdings Co Ltd SHSE:600653
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Liaoning Shenhua Holdings 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.

Liaoning Shenhua Holdings 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
=( (372.116 + 292.547) / 2 ) / 3493.589*365
=332.3315 / 3493.589*365
=34.72

Liaoning Shenhua Holdings 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
=( (292.547 + 199.018) / 2 ) / 685.996*365 / 4
=245.7825 / 685.996*365 / 4
=32.69

* 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 32.69 mean?
Liaoning Shenhua Holdings Co (SHSE:600653) has a Days Payable of 32.69 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 Liaoning Shenhua Holdings Co and its competitors. This is 12% above median its historical median of 29.31. Over the past decade, Liaoning Shenhua Holdings Co's Days Payable has ranged from 16.05 to 89.66. According to the industry distribution chart, Liaoning Shenhua Holdings Co ranks #1143 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 87.4%.
Is Liaoning Shenhua Holdings Co's Days Payable too high?
Liaoning Shenhua Holdings Co's current Days Payable of 32.69 is 12% above median its 10-year median of 29.31. Over the past 10 years, this metric has ranged from a low of 16.05 to a high of 89.66. The Vehicles & Parts industry median Days Payable is 67.04. Liaoning Shenhua Holdings Co's value of 32.69 is 51.2% below this industry median. Based on the distribution chart, Liaoning Shenhua Holdings Co ranks #1143 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Liaoning Shenhua Holdings Co has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Shenhua Holdings Co's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Liaoning Shenhua Holdings Co ranks #1143 out of 1308 companies for Days Payable. This places Liaoning Shenhua Holdings Co in the lower half of its industry. The industry median Days Payable is 67.04. Liaoning Shenhua Holdings Co's value of 32.69 is 51.2% below this benchmark. Historically, Liaoning Shenhua Holdings Co's own Days Payable has ranged from 16.05 to 89.66 over the past decade. While the company's 10-year median is 29.31 vs. the industry median of 67.04, Liaoning Shenhua Holdings 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.04, based on 1,308 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. Liaoning Shenhua Holdings Co's current Days Payable of 32.69 is 51.2% 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 Liaoning Shenhua Holdings Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning Shenhua Holdings Co's current Days Payable is 32.69, which is 12% above median its own 10-year median of 29.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Shenhua Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Shenhua Holdings Co (SHSE:600653) is currently considered Fairly Valued. The stock's GF Value™ is ¥1.52, compared to a current price of ¥1.56 — trading 2.6% above its estimated fair value. The current Days Payable is 32.69, which is 12% above median its 10-year median of 29.31 and 51.2% below the Vehicles & Parts industry median of 67.04. Liaoning Shenhua Holdings Co's overall GF Score™ is 46/100 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 Liaoning Shenhua Holdings Co (SHSE:600653), the current Days Payable is 32.69 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 Liaoning Shenhua Holdings Co (SHSE:600653) Overvalued in 2026?

Based on GuruFocus' analysis, Liaoning Shenhua Holdings Co stock appears to be overvalued. The current stock price of ¥1.56 is trading 2.6% above its estimated GF Value™ of ¥1.52. GuruFocus considers Liaoning Shenhua Holdings Co to be Fairly Valued.

Key valuation signals for SHSE:600653:

  • Days Payable: 32.69 (12% above median its 10-year median of 29.31)
  • GF Value™: ¥1.52 vs. price of ¥1.56 (2.6% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 51.2% below the Vehicles & Parts median (#1143 of 1308)

No single metric tells the full story. See the SHSE:600653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liaoning Shenhua Holdings Co Business Description

Address No.109-1 Quanyun Road, Room 235, 2nd Floor, Pilot Free Trade Zone, Shenyang, CHN, 110000
Liaoning Shenhua Holdings Co Ltd formerly Shanghai Shenhua Holdings Company is engaged in the manufacture and distribution of automobile and after-market services. It is also involved in renewable energy, real estate, financial investment and industrial management in China.
46GF Score

Get the complete analysis for SHSE:600653

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

¥1.56
Price
¥1.52
GF Value