Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) Days Payable: 6,151.27 (As of Mar. 2026) — 3217% Above Median


SHSE:600696 Shanghai Jundao Liquor Enterprise Development Co Ltd SHSE:600696
3 GF Score
Price ¥0.74
GF Value ¥0.71
Valuation Fairly Valued
! 7 Warning Signs
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What is Shanghai Jundao Liquor Enterprise Development Co Days Payable?

Shanghai Jundao Liquor Enterprise Development Co SHSE:600696 3 Days Payable is 6,151.27 as of Mar. 2026, which is 3217% above its 10-year median of 185.42. GuruFocus rates SHSE:600696 with a GF Score™ of 3/100 and a GF Value™ of ¥0.71 (Fairly Valued). The stock has 7 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Shanghai Jundao Liquor Enterprise Development Co ranks better than 97.51% on this metric.

Shanghai Jundao Liquor Enterprise Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥729.46 Mil. Shanghai Jundao Liquor Enterprise Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥10.82 Mil. Hence, Shanghai Jundao Liquor Enterprise Development Co's Days Payable for the three months ended in Mar. 2026 was 6,151.27.

The historical rank and industry rank for Shanghai Jundao Liquor Enterprise Development Co's Days Payable or its related term are showing as below:

SHSE:600696' s Days Payable Range Over the Past 10 Years
Min: 1.7   Med: 185.42   Max: 10792.65
Current: 9639.3

During the past 13 years, Shanghai Jundao Liquor Enterprise Development Co's highest Days Payable was 10792.65. The lowest was 1.70. And the median was 185.42.

SHSE:600696's Days Payable is ranked better than
97.51% of 201 companies
in the Beverages - Alcoholic industry
Industry Median: 82.82 vs SHSE:600696: 9639.30

Shanghai Jundao Liquor Enterprise Development Co's Days Payable declined from Mar. 2025 (6,448.93) to Mar. 2026 (6,151.27). It may suggest that Shanghai Jundao Liquor Enterprise Development Co accelerated paying its suppliers.


Shanghai Jundao Liquor Enterprise Development Co Days Payable Related Terms


Shanghai Jundao Liquor Enterprise Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Jundao Liquor Enterprise 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 Jundao Liquor Enterprise Development Co Days Payable Chart

Shanghai Jundao Liquor Enterprise 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 100.64 91.97 270.19 1,634.95 10,792.65

Shanghai Jundao Liquor Enterprise 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 6,448.93 10,901.91 45,075.43 7,900.34 6,151.27

SHSE:600696 vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Shanghai Jundao Liquor Enterprise 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 Jundao Liquor Enterprise Development Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanghai Jundao Liquor Enterprise Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Jundao Liquor Enterprise Development Co's Days Payable falls into.


SHSE:600696
3GF Score
Shanghai Jundao Liquor Enterprise Development Co Ltd SHSE:600696
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Jundao Liquor Enterprise 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 Jundao Liquor Enterprise 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
=( (613.555 + 733.309) / 2 ) / 22.775*365
=673.432 / 22.775*365
=10,792.65

Shanghai Jundao Liquor Enterprise 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
=( (733.309 + 725.603) / 2 ) / 10.821*365 / 4
=729.456 / 10.821*365 / 4
=6,151.27

* 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 6,151.27 mean?
Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) has a Days Payable of 6,151.27 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 Jundao Liquor Enterprise Development Co and its competitors. This is 3217% above median its historical median of 185.42. Over the past decade, Shanghai Jundao Liquor Enterprise Development Co's Days Payable has ranged from 1.70 to 10,792.65. According to the industry distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #5 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 2.5%.
Is Shanghai Jundao Liquor Enterprise Development Co's Days Payable too high?
Shanghai Jundao Liquor Enterprise Development Co's current Days Payable of 6,151.27 is 3217% above median its 10-year median of 185.42. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 10,792.65. The Beverages - Alcoholic industry median Days Payable is 82.82. Shanghai Jundao Liquor Enterprise Development Co's value of 6,151.27 is 7327.3% above this industry median. Based on the distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #5 out of 201 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Jundao Liquor Enterprise Development Co has a GF Score™ of 3/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jundao Liquor Enterprise Development Co's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #5 out of 201 companies for Days Payable. This places Shanghai Jundao Liquor Enterprise Development Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 82.82. Shanghai Jundao Liquor Enterprise Development Co's value of 6,151.27 is 7327.3% above this benchmark. Historically, Shanghai Jundao Liquor Enterprise Development Co's own Days Payable has ranged from 1.70 to 10,792.65 over the past decade. While the company's 10-year median is 185.42 vs. the industry median of 82.82, Shanghai Jundao Liquor Enterprise 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.82, based on 201 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 Jundao Liquor Enterprise Development Co's current Days Payable of 6,151.27 is 7327.3% 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 Jundao Liquor Enterprise Development Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jundao Liquor Enterprise Development Co's current Days Payable is 6,151.27, which is 3217% above median its own 10-year median of 185.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jundao Liquor Enterprise Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) is currently considered Fairly Valued. The stock's GF Value™ is ¥0.71, compared to a current price of ¥0.74 — trading 4.2% above its estimated fair value. The current Days Payable is 6,151.27, which is 3217% above median its 10-year median of 185.42 and 7327.3% above the Beverages - Alcoholic industry median of 82.82. Shanghai Jundao Liquor Enterprise Development Co's overall GF Score™ is 3/100 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 Jundao Liquor Enterprise Development Co (SHSE:600696), the current Days Payable is 6,151.27 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 Jundao Liquor Enterprise Development Co (SHSE:600696) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Jundao Liquor Enterprise Development Co stock appears to be overvalued. The current stock price of ¥0.74 is trading 4.2% above its estimated GF Value™ of ¥0.71. GuruFocus considers Shanghai Jundao Liquor Enterprise Development Co to be Fairly Valued.

Key valuation signals for SHSE:600696:

  • Days Payable: 6,151.27 (3217% above median its 10-year median of 185.42)
  • GF Value™: ¥0.71 vs. price of ¥0.74 (4.2% above fair value)
  • GF Score™: 3/100 with 7 warning signs
  • Industry Position: 7327.3% above the Beverages - Alcoholic median (#5 of 201)

No single metric tells the full story. See the SHSE:600696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Jundao Liquor Enterprise Development Co Business Description

Address Guizhou Gaojiang Winery Co., Ltd., No. 1 Rongchangba Production Area, Renhuai Famous Wine Industrial Park, Guizhou Province, Zunyi, CHN, 564510
Shanghai Jundao Liquor Enterprise Development Co Ltd is engaged in the commodity trading, commercial factoring, financial leasing, real estate operation and management, and liquor sales. Its business activities also include industrial investment, equity investment, investment consulting and management, enterprise management consulting services, and entrusted asset management.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥0.74
Price
¥0.71
GF Value