Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) Days Payable: 490.15 (As of Mar. 2026) — 114% Above Median


SHSE:600663 Shanghai Lujiazui Finance & Trade Zone Development Co Ltd SHSE:600663
49 GF Score
Price ¥6.35
GF Value ¥13.00
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shanghai Lujiazui Finance & Trade Zone Development Co Days Payable?

Shanghai Lujiazui Finance & Trade Zone Development Co SHSE:600663 -0.47% 49 Days Payable is 490.15 as of Mar. 2026, which is 114% above its 10-year median of 229.54. GuruFocus rates SHSE:600663 with a GF Score™ of 49/100 and a GF Value™ of ¥13.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,568 Real Estate companies, Shanghai Lujiazui Finance & Trade Zone Development Co ranks better than 74.11% on this metric.

Shanghai Lujiazui Finance & Trade Zone Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥6,911 Mil. Shanghai Lujiazui Finance & Trade Zone Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,287 Mil. Hence, Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable for the three months ended in Mar. 2026 was 490.15.

The historical rank and industry rank for Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable or its related term are showing as below:

SHSE:600663' s Days Payable Range Over the Past 10 Years
Min: 123.39   Med: 229.54   Max: 421.47
Current: 234.45

During the past 13 years, Shanghai Lujiazui Finance & Trade Zone Development Co's highest Days Payable was 421.47. The lowest was 123.39. And the median was 229.54.

SHSE:600663's Days Payable is ranked better than
74.11% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs SHSE:600663: 234.45

Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable increased from Mar. 2025 (287.00) to Mar. 2026 (490.15). It may suggest that Shanghai Lujiazui Finance & Trade Zone Development Co delayed paying its suppliers.


Shanghai Lujiazui Finance & Trade Zone Development Co Days Payable Related Terms


Shanghai Lujiazui Finance & Trade Zone Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Lujiazui Finance & Trade Zone Development 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 Lujiazui Finance & Trade Zone Development Co Days Payable Chart

Shanghai Lujiazui Finance & Trade Zone Development 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 333.57 243.10 421.47 252.67 209.74

Shanghai Lujiazui Finance & Trade Zone Development 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 287.00 483.85 171.01 156.79 490.15

Shanghai Lujiazui Finance & Trade Zone Development Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Shanghai Lujiazui Finance & Trade Zone Development 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 Lujiazui Finance & Trade Zone Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable falls into.


SHSE:600663
49GF Score
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd SHSE:600663
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Lujiazui Finance & Trade Zone Development 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 Lujiazui Finance & Trade Zone Development 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
=( (6067.552 + 7281.245) / 2 ) / 11615.238*365
=6674.3985 / 11615.238*365
=209.74

Shanghai Lujiazui Finance & Trade Zone Development 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
=( (7281.245 + 6541.202) / 2 ) / 1286.633*365 / 4
=6911.2235 / 1286.633*365 / 4
=490.15

* 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 490.15 mean?
Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) has a Days Payable of 490.15 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 Lujiazui Finance & Trade Zone Development Co and its competitors. This is 114% above median its historical median of 229.54. Over the past decade, Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable has ranged from 123.39 to 421.47. According to the industry distribution chart, Shanghai Lujiazui Finance & Trade Zone Development Co ranks #406 out of 1568 companies in the Real Estate industry, placing it in the top 25.9%.
Is Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable too high?
Shanghai Lujiazui Finance & Trade Zone Development Co's current Days Payable of 490.15 is 114% above median its 10-year median of 229.54. Over the past 10 years, this metric has ranged from a low of 123.39 to a high of 421.47. The Real Estate industry median Days Payable is 94.38. Shanghai Lujiazui Finance & Trade Zone Development Co's value of 490.15 is 419.3% above this industry median. Based on the distribution chart, Shanghai Lujiazui Finance & Trade Zone Development Co ranks #406 out of 1568 companies in the Real Estate industry, which is above the industry midpoint. Overall, Shanghai Lujiazui Finance & Trade Zone Development Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lujiazui Finance & Trade Zone Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Shanghai Lujiazui Finance & Trade Zone Development Co ranks #406 out of 1568 companies for Days Payable. This puts Shanghai Lujiazui Finance & Trade Zone Development Co in the upper half of its industry. The industry median Days Payable is 94.38. Shanghai Lujiazui Finance & Trade Zone Development Co's value of 490.15 is 419.3% above this benchmark. Historically, Shanghai Lujiazui Finance & Trade Zone Development Co's own Days Payable has ranged from 123.39 to 421.47 over the past decade. While the company's 10-year median is 229.54 vs. the industry median of 94.38, Shanghai Lujiazui Finance & Trade Zone Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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 Lujiazui Finance & Trade Zone Development Co's current Days Payable of 490.15 is 419.3% 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 Lujiazui Finance & Trade Zone Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Lujiazui Finance & Trade Zone Development Co's current Days Payable is 490.15, which is 114% above median its own 10-year median of 229.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lujiazui Finance & Trade Zone Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.00, compared to a current price of ¥6.35 — trading 51.2% below its estimated fair value. The current Days Payable is 490.15, which is 114% above median its 10-year median of 229.54 and 419.3% above the Real Estate industry median of 94.38. Shanghai Lujiazui Finance & Trade Zone Development Co's overall GF Score™ is 49/100 with 7 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 Lujiazui Finance & Trade Zone Development Co (SHSE:600663), the current Days Payable is 490.15 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 Lujiazui Finance & Trade Zone Development Co (SHSE:600663) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Lujiazui Finance & Trade Zone Development Co stock appears to be undervalued. The current stock price of ¥6.35 is trading 51.2% below its estimated GF Value™ of ¥13.00. GuruFocus considers Shanghai Lujiazui Finance & Trade Zone Development Co to be Possible Value Trap.

Key valuation signals for SHSE:600663:

  • Days Payable: 490.15 (114% above median its 10-year median of 229.54)
  • GF Value™: ¥13.00 vs. price of ¥6.35 (51.2% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 419.3% above the Real Estate median (#406 of 1568)

No single metric tells the full story. See the SHSE:600663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Lujiazui Finance & Trade Zone Development Co Business Description

Other Exchanges 900932:China
Address No. 981 Pudong Avenue, Shanghai, Shanghai, CHN, 200135
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd is a China-based real estate company. Its operations predominantly consist of real estate development, management, sales, leasing, and intermediary; municipal public infrastructure development and construction. Its product categories include office, retail, hotel, convention and exhibition and residential properties.
49GF Score

Get the complete analysis for SHSE:600663

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

¥6.35
Price
¥13.00
GF Value