Fujian Start Group Co (SHSE:600734) Days Payable: 219.24 (As of Mar. 2026) — 14% Above Median

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SHSE:600734 Fujian Start Group Co Ltd SHSE:600734
26 GF Score
Price ¥1.57
GF Value ¥1.19
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Fujian Start Group Co Days Payable?

Fujian Start Group Co SHSE:600734 -1.88% 26 Days Payable is 219.24 as of Mar. 2026, which is 14% above its 10-year median of 192.32. GuruFocus rates SHSE:600734 with a GF Score™ of 26/100 and a GF Value™ of ¥1.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,608 Software companies, Fujian Start Group Co ranks better than 95.05% on this metric.

Fujian Start Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥161.08 Mil. Fujian Start Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥67.05 Mil. Hence, Fujian Start Group Co's Days Payable for the three months ended in Mar. 2026 was 219.24.

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

SHSE:600734' s Days Payable Range Over the Past 10 Years
Min: 116.9   Med: 192.32   Max: 809.23
Current: 759.68

During the past 13 years, Fujian Start Group Co's highest Days Payable was 809.23. The lowest was 116.90. And the median was 192.32.

SHSE:600734's Days Payable is ranked better than
95.05% of 2608 companies
in the Software industry
Industry Median: 52.785 vs SHSE:600734: 759.68

Fujian Start Group Co's Days Payable increased from Mar. 2025 (187.55) to Mar. 2026 (219.24). It may suggest that Fujian Start Group Co delayed paying its suppliers.


Fujian Start Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Start Group 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.

Fujian Start Group Co Days Payable Chart

Fujian Start Group 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 155.43 218.29 264.39 166.34 809.23

Fujian Start Group 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 187.55 299.88 512.21 0.00 219.24

SHSE:600734 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Fujian Start 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.


Fujian Start Group Co Days Payable vs Software Industry

For the Software industry and Technology sector, Fujian Start Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Start Group Co's Days Payable falls into.


SHSE:600734
26GF Score
Fujian Start Group Co Ltd SHSE:600734
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Start 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.

Fujian Start Group 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
=( (119.624 + 175.232) / 2 ) / 66.497*365
=147.428 / 66.497*365
=809.23

Fujian Start Group 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
=( (175.232 + 146.93) / 2 ) / 67.045*365 / 4
=161.081 / 67.045*365 / 4
=219.24

* 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 219.24 mean?
Fujian Start Group Co (SHSE:600734) has a Days Payable of 219.24 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 Fujian Start Group Co and its competitors. This is 14% above median its historical median of 192.32. Over the past decade, Fujian Start Group Co's Days Payable has ranged from 116.90 to 809.23. According to the industry distribution chart, Fujian Start Group Co ranks #129 out of 2608 companies in the Software industry, placing it in the top 4.9%.
Is Fujian Start Group Co's Days Payable too high?
Fujian Start Group Co's current Days Payable of 219.24 is 14% above median its 10-year median of 192.32. Over the past 10 years, this metric has ranged from a low of 116.90 to a high of 809.23. The Software industry median Days Payable is 52.79. Fujian Start Group Co's value of 219.24 is 315.3% above this industry median. Based on the distribution chart, Fujian Start Group Co ranks #129 out of 2608 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Start Group Co has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Start Group Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Fujian Start Group Co ranks #129 out of 2608 companies for Days Payable. This places Fujian Start Group Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Fujian Start Group Co's value of 219.24 is 315.3% above this benchmark. Historically, Fujian Start Group Co's own Days Payable has ranged from 116.90 to 809.23 over the past decade. While the company's 10-year median is 192.32 vs. the industry median of 52.79, Fujian Start 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,608 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. Fujian Start Group Co's current Days Payable of 219.24 is 315.3% 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 Fujian Start Group Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Start Group Co's current Days Payable is 219.24, which is 14% above median its own 10-year median of 192.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Start Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Start Group Co (SHSE:600734) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.19, compared to a current price of ¥1.57 — trading 31.9% above its estimated fair value. The current Days Payable is 219.24, which is 14% above median its 10-year median of 192.32 and 315.3% above the Software industry median of 52.79. Fujian Start Group Co's overall GF Score™ is 26/100 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 Fujian Start Group Co (SHSE:600734), the current Days Payable is 219.24 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 Fujian Start Group Co (SHSE:600734) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Start Group Co stock appears to be overvalued. The current stock price of ¥1.57 is trading 31.9% above its estimated GF Value™ of ¥1.19. GuruFocus considers Fujian Start Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600734:

  • Days Payable: 219.24 (14% above median its 10-year median of 192.32)
  • GF Value™: ¥1.19 vs. price of ¥1.57 (31.9% above fair value)
  • GF Score™: 26/100 with 7 warning signs
  • Industry Position: 315.3% above the Software median (#129 of 2608)

No single metric tells the full story. See the SHSE:600734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Start Group Co Business Description

Address No. 67 Hongshanyuan Road, Gulou District, Fuzhou, CHN, 350002
Fujian Start Group Co Ltd is a China based company engaged in the business of offering security services, logistics services, data services, community services like providing PTZ network camera, and terminal products. The terminal products includes payment terminal and mobile intelligent service robot. It comprises Image enhancement technology, Composite detection and tracking technology, and the Internet of Things integrated control and control platform.
26GF Score

Get the complete analysis for SHSE:600734

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

¥1.57
Price
¥1.19
GF Value