Sichuan Golden Summit Group Co (SHSE:600678) Days Payable: 134.86 (As of Mar. 2026) — 106% Above Median

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SHSE:600678 Sichuan Golden Summit Group Co Ltd SHSE:600678
44 GF Score
Price ¥5.03
GF Value ¥12.90
Valuation Possible Value Trap
! 9 Warning Signs
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What is Sichuan Golden Summit Group Co Days Payable?

Sichuan Golden Summit Group Co SHSE:600678 -3.64% 44 Days Payable is 134.86 as of Mar. 2026, which is 106% above its 10-year median of 65.61. GuruFocus rates SHSE:600678 with a GF Score™ of 44/100 and a GF Value™ of ¥12.90 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 395 Building Materials companies, Sichuan Golden Summit Group Co ranks better than 78.99% on this metric.

Sichuan Golden Summit Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥179.0 Mil. Sichuan Golden Summit Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥121.1 Mil. Hence, Sichuan Golden Summit Group Co's Days Payable for the three months ended in Mar. 2026 was 134.86.

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

SHSE:600678' s Days Payable Range Over the Past 10 Years
Min: 7.13   Med: 65.61   Max: 277.31
Current: 152.1

During the past 13 years, Sichuan Golden Summit Group Co's highest Days Payable was 277.31. The lowest was 7.13. And the median was 65.61.

SHSE:600678's Days Payable is ranked better than
78.99% of 395 companies
in the Building Materials industry
Industry Median: 69.35 vs SHSE:600678: 152.10

Sichuan Golden Summit Group Co's Days Payable declined from Mar. 2025 (162.19) to Mar. 2026 (134.86). It may suggest that Sichuan Golden Summit Group Co accelerated paying its suppliers.


Sichuan Golden Summit Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sichuan Golden Summit 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.

Sichuan Golden Summit Group Co Days Payable Chart

Sichuan Golden Summit 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 81.82 70.81 189.38 277.31 134.74

Sichuan Golden Summit 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 162.19 163.17 218.15 129.30 134.86

SHSE:600678 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Sichuan Golden Summit 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.


Sichuan Golden Summit Group Co Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sichuan Golden Summit Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Golden Summit Group Co's Days Payable falls into.


SHSE:600678
44GF Score
Sichuan Golden Summit Group Co Ltd SHSE:600678
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Golden Summit 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.

Sichuan Golden Summit 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
=( (151.583 + 184.777) / 2 ) / 455.583*365
=168.18 / 455.583*365
=134.74

Sichuan Golden Summit 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
=( (184.777 + 173.212) / 2 ) / 121.116*365 / 4
=178.9945 / 121.116*365 / 4
=134.86

* 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 134.86 mean?
Sichuan Golden Summit Group Co (SHSE:600678) has a Days Payable of 134.86 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 Sichuan Golden Summit Group Co and its competitors. This is 106% above median its historical median of 65.61. Over the past decade, Sichuan Golden Summit Group Co's Days Payable has ranged from 7.13 to 277.31. According to the industry distribution chart, Sichuan Golden Summit Group Co ranks #83 out of 395 companies in the Building Materials industry, placing it in the top 21%.
Is Sichuan Golden Summit Group Co's Days Payable too high?
Sichuan Golden Summit Group Co's current Days Payable of 134.86 is 106% above median its 10-year median of 65.61. Over the past 10 years, this metric has ranged from a low of 7.13 to a high of 277.31. The Building Materials industry median Days Payable is 69.35. Sichuan Golden Summit Group Co's value of 134.86 is 94.5% above this industry median. Based on the distribution chart, Sichuan Golden Summit Group Co ranks #83 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Golden Summit Group Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sichuan Golden Summit Group Co's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Sichuan Golden Summit Group Co ranks #83 out of 395 companies for Days Payable. This places Sichuan Golden Summit Group Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.35. Sichuan Golden Summit Group Co's value of 134.86 is 94.5% above this benchmark. Historically, Sichuan Golden Summit Group Co's own Days Payable has ranged from 7.13 to 277.31 over the past decade. While the company's 10-year median is 65.61 vs. the industry median of 69.35, Sichuan Golden Summit Group 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.35, based on 395 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. Sichuan Golden Summit Group Co's current Days Payable of 134.86 is 94.5% 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 Sichuan Golden Summit Group Co and its competitors. For the Building Materials industry, the median Days Payable is 69.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Golden Summit Group Co's current Days Payable is 134.86, which is 106% above median its own 10-year median of 65.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Golden Summit Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Golden Summit Group Co (SHSE:600678) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.90, compared to a current price of ¥5.03 — trading 61% below its estimated fair value. The current Days Payable is 134.86, which is 106% above median its 10-year median of 65.61 and 94.5% above the Building Materials industry median of 69.35. Sichuan Golden Summit Group Co's overall GF Score™ is 44/100 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 Sichuan Golden Summit Group Co (SHSE:600678), the current Days Payable is 134.86 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 Sichuan Golden Summit Group Co (SHSE:600678) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Golden Summit Group Co stock appears to be undervalued. The current stock price of ¥5.03 is trading 61% below its estimated GF Value™ of ¥12.90. GuruFocus considers Sichuan Golden Summit Group Co to be Possible Value Trap.

Key valuation signals for SHSE:600678:

  • Days Payable: 134.86 (106% above median its 10-year median of 65.61)
  • GF Value™: ¥12.90 vs. price of ¥5.03 (61% below fair value)
  • GF Score™: 44/100 with 9 warning signs
  • Industry Position: 94.5% above the Building Materials median (#83 of 395)

No single metric tells the full story. See the SHSE:600678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Golden Summit Group Co Business Description

Address No. 166, Xinnongcun Group 1, Jiuli Town, Emeishan City, Sichuan Province, Leshan, CHN, 614224
Sichuan Golden Summit Group Co Ltd main business is non-metallic mineral mining, processing and product sales. The group company has formed an industrial chain of limestone mining, processing, product sales, and warehousing logistics.
44GF Score

Get the complete analysis for SHSE:600678

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

¥5.03
Price
¥12.90
GF Value