Dashang Co (SHSE:600694) Days Payable: 176.01 (As of Mar. 2026) — Near Median


SHSE:600694 Dashang Co Ltd SHSE:600694
78 GF Score
Price ¥14.04
GF Value ¥15.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Dashang Co Days Payable?

Dashang Co SHSE:600694 +0.57% 78 Days Payable is 176.01 as of Mar. 2026, which is 4% below its 10-year median of 183.37. GuruFocus rates SHSE:600694 with a GF Score™ of 78/100 and a GF Value™ of ¥15.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Dashang Co ranks better than 91.99% on this metric.

Dashang Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,203 Mil. Dashang Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,142 Mil. Hence, Dashang Co's Days Payable for the three months ended in Mar. 2026 was 176.01.

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

SHSE:600694' s Days Payable Range Over the Past 10 Years
Min: 64.81   Med: 183.37   Max: 216.37
Current: 208.85

During the past 13 years, Dashang Co's highest Days Payable was 216.37. The lowest was 64.81. And the median was 183.37.

SHSE:600694's Days Payable is ranked better than
91.99% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.88 vs SHSE:600694: 208.85

Dashang Co's Days Payable declined from Mar. 2025 (187.86) to Mar. 2026 (176.01). It may suggest that Dashang Co accelerated paying its suppliers.


Dashang Co Days Payable Historical Data

* Premium members only.

The historical data trend for Dashang 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.

Dashang Co Days Payable Chart

Dashang 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 190.42 187.44 179.30 195.20 216.37

Dashang 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 187.86 213.48 217.66 233.37 176.01

SHSE:600694 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Dashang 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.


Dashang Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dashang Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dashang Co's Days Payable falls into.


SHSE:600694
78GF Score
Dashang Co Ltd SHSE:600694
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dashang 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.

Dashang 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
=( (2246.942 + 2118.268) / 2 ) / 3681.958*365
=2182.605 / 3681.958*365
=216.37

Dashang 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
=( (2118.268 + 2287.778) / 2 ) / 1142.102*365 / 4
=2203.023 / 1142.102*365 / 4
=176.01

* 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 176.01 mean?
Dashang Co (SHSE:600694) has a Days Payable of 176.01 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 Dashang Co and its competitors. This is near median its historical median of 183.37. Over the past decade, Dashang Co's Days Payable has ranged from 64.81 to 216.37. According to the industry distribution chart, Dashang Co ranks #88 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 8%.
Is Dashang Co's Days Payable too high?
Dashang Co's current Days Payable of 176.01 is near median its 10-year median of 183.37. Over the past 10 years, this metric has ranged from a low of 64.81 to a high of 216.37. The Retail - Cyclical industry median Days Payable is 51.88. Dashang Co's value of 176.01 is 239.3% above this industry median. Based on the distribution chart, Dashang Co ranks #88 out of 1099 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Dashang Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dashang Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Dashang Co ranks #88 out of 1099 companies for Days Payable. This places Dashang Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.88. Dashang Co's value of 176.01 is 239.3% above this benchmark. Historically, Dashang Co's own Days Payable has ranged from 64.81 to 216.37 over the past decade. While the company's 10-year median is 183.37 vs. the industry median of 51.88, Dashang 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. Dashang Co's current Days Payable of 176.01 is 239.3% 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 Dashang 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. Dashang Co's current Days Payable is 176.01, which is near median its own 10-year median of 183.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dashang Co stock overvalued right now?
Based on GuruFocus' analysis, Dashang Co (SHSE:600694) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.31, compared to a current price of ¥14.04 — trading 8.3% below its estimated fair value. The current Days Payable is 176.01, which is near median its 10-year median of 183.37 and 239.3% above the Retail - Cyclical industry median of 51.88. Dashang Co's overall GF Score™ is 78/100 with 4 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 Dashang Co (SHSE:600694), the current Days Payable is 176.01 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 Dashang Co (SHSE:600694) Overvalued in 2026?

Based on GuruFocus' analysis, Dashang Co stock appears to be undervalued. The current stock price of ¥14.04 is trading 8.3% below its estimated GF Value™ of ¥15.31. GuruFocus considers Dashang Co to be Fairly Valued.

Key valuation signals for SHSE:600694:

  • Days Payable: 176.01 (near median its 10-year median of 183.37)
  • GF Value™: ¥15.31 vs. price of ¥14.04 (8.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 239.3% above the Retail - Cyclical median (#88 of 1099)

No single metric tells the full story. See the SHSE:600694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dashang Co Business Description

Address No. 1 Qingshan Street, Zhongshan District, Dalian, Liaoning, CHN, 116001
Dashang Co Ltd is a China-based company that operates departmental stores.
78GF Score

Get the complete analysis for SHSE:600694

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

¥14.04
Price
¥15.31
GF Value