Bright Real Estate Group CoSHSE:600708 -5.97%51 Days Payable is 529.28 as of Mar. 2026, which is 115% above its 10-year median of 246.43. GuruFocus rates SHSE:600708 with a GF Score™ of 51/100 and a GF Value™ of ¥2.44 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,568 Real Estate companies, Bright Real Estate Group Co ranks better than 88.33% on this metric.
* 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.
Bright Real Estate Group Co Days Payable Competitor Comparison
For the Real Estate - Development subindustry, Bright Real Estate 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.
Bright Real Estate Group Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bright Real Estate Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Bright Real Estate Group Co's Days Payable falls into.
Bright Real Estate 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.
* 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.
Bright Real Estate Group Co (SHSE:600708) has a Days Payable of 529.28 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 Bright Real Estate Group Co and its competitors. This is 115% above median its historical median of 246.43. Over the past decade, Bright Real Estate Group Co's Days Payable has ranged from 124.85 to 602.86. According to the industry distribution chart, Bright Real Estate Group Co ranks #183 out of 1568 companies in the Real Estate industry, placing it in the top 11.7%.
Is Bright Real Estate Group Co's Days Payable too high?
Bright Real Estate Group Co's current Days Payable of 529.28 is 115% above median its 10-year median of 246.43. Over the past 10 years, this metric has ranged from a low of 124.85 to a high of 602.86. The Real Estate industry median Days Payable is 94.38. Bright Real Estate Group Co's value of 529.28 is 460.8% above this industry median. Based on the distribution chart, Bright Real Estate Group Co ranks #183 out of 1568 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Real Estate Group Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Real Estate Group Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Bright Real Estate Group Co ranks #183 out of 1568 companies for Days Payable. This places Bright Real Estate Group Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. Bright Real Estate Group Co's value of 529.28 is 460.8% above this benchmark. Historically, Bright Real Estate Group Co's own Days Payable has ranged from 124.85 to 602.86 over the past decade. While the company's 10-year median is 246.43 vs. the industry median of 94.38, Bright Real Estate 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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. Bright Real Estate Group Co's current Days Payable of 529.28 is 460.8% 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 Bright Real Estate Group Co and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Real Estate Group Co's current Days Payable is 529.28, which is 115% above median its own 10-year median of 246.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Real Estate Group Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Real Estate Group Co (SHSE:600708) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.44, compared to a current price of ¥3.15 — trading 29.1% above its estimated fair value. The current Days Payable is 529.28, which is 115% above median its 10-year median of 246.43 and 460.8% above the Real Estate industry median of 94.38. Bright Real Estate Group Co's overall GF Score™ is 51/100 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 Bright Real Estate Group Co (SHSE:600708), the current Days Payable is 529.28 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 Bright Real Estate Group Co (SHSE:600708) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Real Estate Group Co stock appears to be overvalued.
The current stock price of ¥3.15 is trading 29.1% above its estimated GF Value™ of ¥2.44.
GuruFocus considers Bright Real Estate Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600708:
Days Payable: 529.28 (115% above median its 10-year median of 246.43)
GF Value™: ¥2.44 vs. price of ¥3.15 (29.1% above fair value)
Industry Position: 460.8% above the Real Estate median (#183 of 1568)
No single metric tells the full story. See the SHSE:600708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Real Estate Group Co Ltd is engaged in the development of various types of residential, and commercial office areas. Further it is also involved in the logistic industry chain.
51GF Score
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