Fujian Dongbai (Group) Co (SHSE:600693) Days Payable: 172.26 (As of Mar. 2026) — 32% Below Median

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SHSE:600693 Fujian Dongbai (Group) Co Ltd SHSE:600693
57 GF Score
Price ¥8.01
GF Value ¥4.58
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fujian Dongbai (Group) Co Days Payable?

Fujian Dongbai (Group) Co SHSE:600693 +3.35% 57 Days Payable is 172.26 as of Mar. 2026, which is 32% below its 10-year median of 254.59. GuruFocus rates SHSE:600693 with a GF Score™ of 57/100 and a GF Value™ of ¥4.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Fujian Dongbai (Group) Co ranks better than 90.9% on this metric.

Fujian Dongbai (Group) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥409 Mil. Fujian Dongbai (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥216 Mil. Hence, Fujian Dongbai (Group) Co's Days Payable for the three months ended in Mar. 2026 was 172.26.

The historical rank and industry rank for Fujian Dongbai (Group) Co's Days Payable or its related term are showing as below:

SHSE:600693' s Days Payable Range Over the Past 10 Years
Min: 40.13   Med: 254.59   Max: 444.36
Current: 196.94

During the past 13 years, Fujian Dongbai (Group) Co's highest Days Payable was 444.36. The lowest was 40.13. And the median was 254.59.

SHSE:600693's Days Payable is ranked better than
90.9% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.88 vs SHSE:600693: 196.94

Fujian Dongbai (Group) Co's Days Payable declined from Mar. 2025 (219.52) to Mar. 2026 (172.26). It may suggest that Fujian Dongbai (Group) Co accelerated paying its suppliers.


Fujian Dongbai (Group) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Dongbai (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.

Fujian Dongbai (Group) Co Days Payable Chart

Fujian Dongbai (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 322.17 424.89 444.36 331.26 234.77

Fujian Dongbai (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 219.52 207.79 209.63 204.12 172.26

SHSE:600693 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Fujian Dongbai (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.


Fujian Dongbai (Group) Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Dongbai (Group) Co's Days Payable falls into.


SHSE:600693
57GF Score
Fujian Dongbai (Group) Co Ltd SHSE:600693
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Dongbai (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.

Fujian Dongbai (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
=( (543.558 + 438.932) / 2 ) / 763.739*365
=491.245 / 763.739*365
=234.77

Fujian Dongbai (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
=( (438.932 + 378.217) / 2 ) / 216.425*365 / 4
=408.5745 / 216.425*365 / 4
=172.26

* 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 172.26 mean?
Fujian Dongbai (Group) Co (SHSE:600693) has a Days Payable of 172.26 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 Fujian Dongbai (Group) Co and its competitors. This is 32% below median its historical median of 254.59. Over the past decade, Fujian Dongbai (Group) Co's Days Payable has ranged from 40.13 to 444.36. According to the industry distribution chart, Fujian Dongbai (Group) Co ranks #100 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 9.1%.
Is Fujian Dongbai (Group) Co's Days Payable too high?
Fujian Dongbai (Group) Co's current Days Payable of 172.26 is 32% below median its 10-year median of 254.59. Over the past 10 years, this metric has ranged from a low of 40.13 to a high of 444.36. The Retail - Cyclical industry median Days Payable is 51.88. Fujian Dongbai (Group) Co's value of 172.26 is 232% above this industry median. Based on the distribution chart, Fujian Dongbai (Group) Co ranks #100 out of 1099 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Dongbai (Group) Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Dongbai (Group) Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Fujian Dongbai (Group) Co ranks #100 out of 1099 companies for Days Payable. This places Fujian Dongbai (Group) Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.88. Fujian Dongbai (Group) Co's value of 172.26 is 232% above this benchmark. Historically, Fujian Dongbai (Group) Co's own Days Payable has ranged from 40.13 to 444.36 over the past decade. While the company's 10-year median is 254.59 vs. the industry median of 51.88, Fujian Dongbai (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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.88, based on 1,099 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. Fujian Dongbai (Group) Co's current Days Payable of 172.26 is 232% 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 Fujian Dongbai (Group) Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Dongbai (Group) Co's current Days Payable is 172.26, which is 32% below median its own 10-year median of 254.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Dongbai (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Dongbai (Group) Co (SHSE:600693) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.58, compared to a current price of ¥8.01 — trading 74.9% above its estimated fair value. The current Days Payable is 172.26, which is 32% below median its 10-year median of 254.59 and 232% above the Retail - Cyclical industry median of 51.88. Fujian Dongbai (Group) Co's overall GF Score™ is 57/100 with 6 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 Fujian Dongbai (Group) Co (SHSE:600693), the current Days Payable is 172.26 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 Fujian Dongbai (Group) Co (SHSE:600693) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Dongbai (Group) Co stock appears to be overvalued. The current stock price of ¥8.01 is trading 74.9% above its estimated GF Value™ of ¥4.58. GuruFocus considers Fujian Dongbai (Group) Co to be Significantly Overvalued.

Key valuation signals for SHSE:600693:

  • Days Payable: 172.26 (32% below median its 10-year median of 254.59)
  • GF Value™: ¥4.58 vs. price of ¥8.01 (74.9% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 232% above the Retail - Cyclical median (#100 of 1099)

No single metric tells the full story. See the SHSE:600693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Dongbai (Group) Co Business Description

Address Bayiqi North Road, No. 84-185, Gulou District, Fuzhou, Fujian, CHN, 350001
Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store and shopping mall chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories.
57GF Score

Get the complete analysis for SHSE:600693

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

¥8.01
Price
¥4.58
GF Value