Suzhou New District Hi-tech Industrial Co (SHSE:600736) Days Payable: 376.82 (As of Mar. 2026) — 79% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600736 Suzhou New District Hi-tech Industrial Co Ltd SHSE:600736
56 GF Score
Price ¥6.87
GF Value ¥4.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Suzhou New District Hi-tech Industrial Co Days Payable?

Suzhou New District Hi-tech Industrial Co SHSE:600736 +2.84% 56 Days Payable is 376.82 as of Mar. 2026, which is 79% above its 10-year median of 210.13. GuruFocus rates SHSE:600736 with a GF Score™ of 56/100 and a GF Value™ of ¥4.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,572 Real Estate companies, Suzhou New District Hi-tech Industrial Co ranks better than 83.46% on this metric.

Suzhou New District Hi-tech Industrial Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥5,130 Mil. Suzhou New District Hi-tech Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,242 Mil. Hence, Suzhou New District Hi-tech Industrial Co's Days Payable for the three months ended in Mar. 2026 was 376.82.

The historical rank and industry rank for Suzhou New District Hi-tech Industrial Co's Days Payable or its related term are showing as below:

SHSE:600736' s Days Payable Range Over the Past 10 Years
Min: 145.6   Med: 210.13   Max: 399.02
Current: 391.14

During the past 13 years, Suzhou New District Hi-tech Industrial Co's highest Days Payable was 399.02. The lowest was 145.60. And the median was 210.13.

SHSE:600736's Days Payable is ranked better than
83.46% of 1572 companies
in the Real Estate industry
Industry Median: 93.66 vs SHSE:600736: 391.14

Suzhou New District Hi-tech Industrial Co's Days Payable increased from Mar. 2025 (290.32) to Mar. 2026 (376.82). It may suggest that Suzhou New District Hi-tech Industrial Co delayed paying its suppliers.


Suzhou New District Hi-tech Industrial Co Days Payable Related Terms


Suzhou New District Hi-tech Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Suzhou New District Hi-tech Industrial 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.

Suzhou New District Hi-tech Industrial Co Days Payable Chart

Suzhou New District Hi-tech Industrial 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 165.50 181.12 251.02 290.84 399.02

Suzhou New District Hi-tech Industrial 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 290.32 449.37 223.04 1,089.53 376.82

Suzhou New District Hi-tech Industrial Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Suzhou New District Hi-tech Industrial 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.


Suzhou New District Hi-tech Industrial Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Suzhou New District Hi-tech Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou New District Hi-tech Industrial Co's Days Payable falls into.


SHSE:600736
56GF Score
Suzhou New District Hi-tech Industrial Co Ltd SHSE:600736
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou New District Hi-tech Industrial 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.

Suzhou New District Hi-tech Industrial 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
=( (4708.039 + 5485.322) / 2 ) / 4662.1*365
=5096.6805 / 4662.1*365
=399.02

Suzhou New District Hi-tech Industrial 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
=( (5485.322 + 4774.705) / 2 ) / 1242.258*365 / 4
=5130.0135 / 1242.258*365 / 4
=376.82

* 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 376.82 mean?
Suzhou New District Hi-tech Industrial Co (SHSE:600736) has a Days Payable of 376.82 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 Suzhou New District Hi-tech Industrial Co and its competitors. This is 79% above median its historical median of 210.13. Over the past decade, Suzhou New District Hi-tech Industrial Co's Days Payable has ranged from 145.60 to 399.02. According to the industry distribution chart, Suzhou New District Hi-tech Industrial Co ranks #260 out of 1572 companies in the Real Estate industry, placing it in the top 16.5%.
Is Suzhou New District Hi-tech Industrial Co's Days Payable too high?
Suzhou New District Hi-tech Industrial Co's current Days Payable of 376.82 is 79% above median its 10-year median of 210.13. Over the past 10 years, this metric has ranged from a low of 145.60 to a high of 399.02. The Real Estate industry median Days Payable is 93.66. Suzhou New District Hi-tech Industrial Co's value of 376.82 is 302.3% above this industry median. Based on the distribution chart, Suzhou New District Hi-tech Industrial Co ranks #260 out of 1572 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou New District Hi-tech Industrial Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou New District Hi-tech Industrial Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Suzhou New District Hi-tech Industrial Co ranks #260 out of 1572 companies for Days Payable. This places Suzhou New District Hi-tech Industrial Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 93.66. Suzhou New District Hi-tech Industrial Co's value of 376.82 is 302.3% above this benchmark. Historically, Suzhou New District Hi-tech Industrial Co's own Days Payable has ranged from 145.60 to 399.02 over the past decade. While the company's 10-year median is 210.13 vs. the industry median of 93.66, Suzhou New District Hi-tech Industrial 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 93.66, based on 1,572 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. Suzhou New District Hi-tech Industrial Co's current Days Payable of 376.82 is 302.3% 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 Suzhou New District Hi-tech Industrial Co and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou New District Hi-tech Industrial Co's current Days Payable is 376.82, which is 79% above median its own 10-year median of 210.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou New District Hi-tech Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou New District Hi-tech Industrial Co (SHSE:600736) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.09, compared to a current price of ¥6.87 — trading 68% above its estimated fair value. The current Days Payable is 376.82, which is 79% above median its 10-year median of 210.13 and 302.3% above the Real Estate industry median of 93.66. Suzhou New District Hi-tech Industrial Co's overall GF Score™ is 56/100 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 Suzhou New District Hi-tech Industrial Co (SHSE:600736), the current Days Payable is 376.82 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 Suzhou New District Hi-tech Industrial Co (SHSE:600736) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou New District Hi-tech Industrial Co stock appears to be overvalued. The current stock price of ¥6.87 is trading 68% above its estimated GF Value™ of ¥4.09. GuruFocus considers Suzhou New District Hi-tech Industrial Co to be Significantly Overvalued.

Key valuation signals for SHSE:600736:

  • Days Payable: 376.82 (79% above median its 10-year median of 210.13)
  • GF Value™: ¥4.09 vs. price of ¥6.87 (68% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 302.3% above the Real Estate median (#260 of 1572)

No single metric tells the full story. See the SHSE:600736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou New District Hi-tech Industrial Co Business Description

Address No. 199, Jinfeng Road, 20th Floor, Building A, Jinfeng International Business Building, Science and Technology City, Suzhou, CHN, 215021
Suzhou New District Hi-tech Industrial Co Ltd is a Chinese company principally engaged in the business of the development and operation of real estate in China. In addition, through its subsidiaries, the group is also involved in the other businesses of Environmental protection, Advanced manufacturing, Tourism, and Non-bank finance and industrial development.
56GF Score

Get the complete analysis for SHSE:600736

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

¥6.87
Price
¥4.09
GF Value