Xi'an Qujiang Cultural Tourism Co (SHSE:600706) Days Payable: 331.38 (As of Mar. 2026) — 14% Above Median

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SHSE:600706 Xi'an Qujiang Cultural Tourism Co Ltd SHSE:600706
39 GF Score
Price ¥6.98
GF Value ¥9.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Xi'an Qujiang Cultural Tourism Co Days Payable?

Xi'an Qujiang Cultural Tourism Co SHSE:600706 -3.99% 39 Days Payable is 331.38 as of Mar. 2026, which is 14% above its 10-year median of 290.46. GuruFocus rates SHSE:600706 with a GF Score™ of 39/100 and a GF Value™ of ¥9.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 779 Travel & Leisure companies, Xi'an Qujiang Cultural Tourism Co ranks better than 91.14% on this metric.

Xi'an Qujiang Cultural Tourism Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥723.0 Mil. Xi'an Qujiang Cultural Tourism Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥199.1 Mil. Hence, Xi'an Qujiang Cultural Tourism Co's Days Payable for the three months ended in Mar. 2026 was 331.38.

The historical rank and industry rank for Xi'an Qujiang Cultural Tourism Co's Days Payable or its related term are showing as below:

SHSE:600706' s Days Payable Range Over the Past 10 Years
Min: 139.01   Med: 290.46   Max: 455.81
Current: 351.09

During the past 13 years, Xi'an Qujiang Cultural Tourism Co's highest Days Payable was 455.81. The lowest was 139.01. And the median was 290.46.

SHSE:600706's Days Payable is ranked better than
91.14% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.99 vs SHSE:600706: 351.09

Xi'an Qujiang Cultural Tourism Co's Days Payable increased from Mar. 2025 (261.26) to Mar. 2026 (331.38). It may suggest that Xi'an Qujiang Cultural Tourism Co delayed paying its suppliers.


Xi'an Qujiang Cultural Tourism Co Days Payable Related Terms


Xi'an Qujiang Cultural Tourism Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xi'an Qujiang Cultural Tourism 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.

Xi'an Qujiang Cultural Tourism Co Days Payable Chart

Xi'an Qujiang Cultural Tourism 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 298.82 455.81 352.42 334.07 312.29

Xi'an Qujiang Cultural Tourism 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 261.26 374.46 416.20 286.05 331.38

SHSE:600706 vs BKNG, ABNB, RCL: Days Payable Comparison

For the Travel Services subindustry, Xi'an Qujiang Cultural Tourism 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.


Xi'an Qujiang Cultural Tourism Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Xi'an Qujiang Cultural Tourism Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xi'an Qujiang Cultural Tourism Co's Days Payable falls into.


SHSE:600706
39GF Score
Xi'an Qujiang Cultural Tourism Co Ltd SHSE:600706
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xi'an Qujiang Cultural Tourism 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.

Xi'an Qujiang Cultural Tourism 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
=( (812.158 + 716.068) / 2 ) / 893.08*365
=764.113 / 893.08*365
=312.29

Xi'an Qujiang Cultural Tourism 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
=( (716.068 + 729.964) / 2 ) / 199.093*365 / 4
=723.016 / 199.093*365 / 4
=331.38

* 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 331.38 mean?
Xi'an Qujiang Cultural Tourism Co (SHSE:600706) has a Days Payable of 331.38 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 Xi'an Qujiang Cultural Tourism Co and its competitors. This is 14% above median its historical median of 290.46. Over the past decade, Xi'an Qujiang Cultural Tourism Co's Days Payable has ranged from 139.01 to 455.81. According to the industry distribution chart, Xi'an Qujiang Cultural Tourism Co ranks #69 out of 779 companies in the Travel & Leisure industry, placing it in the top 8.9%.
Is Xi'an Qujiang Cultural Tourism Co's Days Payable too high?
Xi'an Qujiang Cultural Tourism Co's current Days Payable of 331.38 is 14% above median its 10-year median of 290.46. Over the past 10 years, this metric has ranged from a low of 139.01 to a high of 455.81. The Travel & Leisure industry median Days Payable is 56.99. Xi'an Qujiang Cultural Tourism Co's value of 331.38 is 481.5% above this industry median. Based on the distribution chart, Xi'an Qujiang Cultural Tourism Co ranks #69 out of 779 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Xi'an Qujiang Cultural Tourism Co has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xi'an Qujiang Cultural Tourism Co's Days Payable compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Xi'an Qujiang Cultural Tourism Co ranks #69 out of 779 companies for Days Payable. This places Xi'an Qujiang Cultural Tourism Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.99. Xi'an Qujiang Cultural Tourism Co's value of 331.38 is 481.5% above this benchmark. Historically, Xi'an Qujiang Cultural Tourism Co's own Days Payable has ranged from 139.01 to 455.81 over the past decade. While the company's 10-year median is 290.46 vs. the industry median of 56.99, Xi'an Qujiang Cultural Tourism 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.99, based on 779 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. Xi'an Qujiang Cultural Tourism Co's current Days Payable of 331.38 is 481.5% 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 Xi'an Qujiang Cultural Tourism Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xi'an Qujiang Cultural Tourism Co's current Days Payable is 331.38, which is 14% above median its own 10-year median of 290.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi'an Qujiang Cultural Tourism Co stock overvalued right now?
Based on GuruFocus' analysis, Xi'an Qujiang Cultural Tourism Co (SHSE:600706) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.09, compared to a current price of ¥6.98 — trading 23.2% below its estimated fair value. The current Days Payable is 331.38, which is 14% above median its 10-year median of 290.46 and 481.5% above the Travel & Leisure industry median of 56.99. Xi'an Qujiang Cultural Tourism Co's overall GF Score™ is 39/100 with 5 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 Xi'an Qujiang Cultural Tourism Co (SHSE:600706), the current Days Payable is 331.38 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 Xi'an Qujiang Cultural Tourism Co (SHSE:600706) Overvalued in 2026?

Based on GuruFocus' analysis, Xi'an Qujiang Cultural Tourism Co stock appears to be undervalued. The current stock price of ¥6.98 is trading 23.2% below its estimated GF Value™ of ¥9.09. GuruFocus considers Xi'an Qujiang Cultural Tourism Co to be Modestly Undervalued.

Key valuation signals for SHSE:600706:

  • Days Payable: 331.38 (14% above median its 10-year median of 290.46)
  • GF Value™: ¥9.09 vs. price of ¥6.98 (23.2% below fair value)
  • GF Score™: 39/100 with 5 warning signs
  • Industry Position: 481.5% above the Travel & Leisure median (#69 of 779)

No single metric tells the full story. See the SHSE:600706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi'an Qujiang Cultural Tourism Co Business Description

Address Yanta South Road, 7-8th Floor, Qujiang Cultural Building, Qujiang New District, Xi'an, Shaanxi, CHN, 710061
Xi'an Qujiang Cultural Tourism Co Ltd operates tourism business. The business scope includes: scenic spot operation and management business, cultural theme hotel management (including catering management) business, travel agency business, performance and performing arts business, sports project business, cultural tourism product business, landscaping and other new tourism businesses.
39GF Score

Get the complete analysis for SHSE:600706

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

¥6.98
Price
¥9.09
GF Value