Nanning Department Store Co (SHSE:600712) Days Payable: 148.94 (As of Mar. 2026) — 19% Below Median

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SHSE:600712 Nanning Department Store Co Ltd SHSE:600712
50 GF Score
Price ¥4.77
GF Value ¥4.08
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nanning Department Store Co Days Payable?

Nanning Department Store Co SHSE:600712 +2.36% 50 Days Payable is 148.94 as of Mar. 2026, which is 19% below its 10-year median of 185.01. GuruFocus rates SHSE:600712 with a GF Score™ of 50/100 and a GF Value™ of ¥4.08 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Nanning Department Store Co ranks better than 89.72% on this metric.

Nanning Department Store Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥160.7 Mil. Nanning Department Store Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥98.4 Mil. Hence, Nanning Department Store Co's Days Payable for the three months ended in Mar. 2026 was 148.94.

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

SHSE:600712' s Days Payable Range Over the Past 10 Years
Min: 106.1   Med: 185.01   Max: 263.49
Current: 177.27

During the past 13 years, Nanning Department Store Co's highest Days Payable was 263.49. The lowest was 106.10. And the median was 185.01.

SHSE:600712's Days Payable is ranked better than
89.72% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.88 vs SHSE:600712: 177.27

Nanning Department Store Co's Days Payable declined from Mar. 2025 (176.47) to Mar. 2026 (148.94). It may suggest that Nanning Department Store Co accelerated paying its suppliers.


Nanning Department Store Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nanning Department Store 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.

Nanning Department Store Co Days Payable Chart

Nanning Department Store 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 230.00 231.17 205.21 185.84 184.17

Nanning Department Store 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 176.47 135.07 183.31 307.77 148.94

SHSE:600712 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Nanning Department Store 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.


Nanning Department Store Co Days Payable vs Retail - Cyclical Industry

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

* The bar in red indicates where Nanning Department Store Co's Days Payable falls into.


SHSE:600712
50GF Score
Nanning Department Store Co Ltd SHSE:600712
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanning Department Store 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.

Nanning Department Store 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
=( (178.429 + 156.08) / 2 ) / 331.467*365
=167.2545 / 331.467*365
=184.17

Nanning Department Store 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
=( (156.08 + 165.232) / 2 ) / 98.426*365 / 4
=160.656 / 98.426*365 / 4
=148.94

* 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 148.94 mean?
Nanning Department Store Co (SHSE:600712) has a Days Payable of 148.94 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 Nanning Department Store Co and its competitors. This is 19% below median its historical median of 185.01. Over the past decade, Nanning Department Store Co's Days Payable has ranged from 106.10 to 263.49. According to the industry distribution chart, Nanning Department Store Co ranks #113 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 10.3%.
Is Nanning Department Store Co's Days Payable too high?
Nanning Department Store Co's current Days Payable of 148.94 is 19% below median its 10-year median of 185.01. Over the past 10 years, this metric has ranged from a low of 106.10 to a high of 263.49. The Retail - Cyclical industry median Days Payable is 51.88. Nanning Department Store Co's value of 148.94 is 187.1% above this industry median. Based on the distribution chart, Nanning Department Store Co ranks #113 out of 1099 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nanning Department Store Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanning Department Store Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Nanning Department Store Co ranks #113 out of 1099 companies for Days Payable. This places Nanning Department Store Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.88. Nanning Department Store Co's value of 148.94 is 187.1% above this benchmark. Historically, Nanning Department Store Co's own Days Payable has ranged from 106.10 to 263.49 over the past decade. While the company's 10-year median is 185.01 vs. the industry median of 51.88, Nanning Department Store 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. Nanning Department Store Co's current Days Payable of 148.94 is 187.1% 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 Nanning Department Store 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. Nanning Department Store Co's current Days Payable is 148.94, which is 19% below median its own 10-year median of 185.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanning Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Nanning Department Store Co (SHSE:600712) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.08, compared to a current price of ¥4.77 — trading 16.9% above its estimated fair value. The current Days Payable is 148.94, which is 19% below median its 10-year median of 185.01 and 187.1% above the Retail - Cyclical industry median of 51.88. Nanning Department Store Co's overall GF Score™ is 50/100 with 2 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 Nanning Department Store Co (SHSE:600712), the current Days Payable is 148.94 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 Nanning Department Store Co (SHSE:600712) Overvalued in 2026?

Based on GuruFocus' analysis, Nanning Department Store Co stock appears to be overvalued. The current stock price of ¥4.77 is trading 16.9% above its estimated GF Value™ of ¥4.08. GuruFocus considers Nanning Department Store Co to be Modestly Overvalued.

Key valuation signals for SHSE:600712:

  • Days Payable: 148.94 (19% below median its 10-year median of 185.01)
  • GF Value™: ¥4.08 vs. price of ¥4.77 (16.9% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 187.1% above the Retail - Cyclical median (#113 of 1099)

No single metric tells the full story. See the SHSE:600712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanning Department Store Co Business Description

Address No 39-41, 45 Chaoyang Road, Nanning, Guangxi, CHN, 530012
Nanning Department Store Co Ltd operates department stores. The company has around 12 stores.
50GF Score

Get the complete analysis for SHSE:600712

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

¥4.77
Price
¥4.08
GF Value