Hanshang Group Co (SHSE:600774) Days Payable: 200.55 (As of Mar. 2026) — 41% Above Median

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SHSE:600774 Hanshang Group Co Ltd SHSE:600774
54 GF Score
Price ¥6.72
GF Value ¥7.01
Valuation Fairly Valued
! 7 Warning Signs
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What is Hanshang Group Co Days Payable?

Hanshang Group Co SHSE:600774 -4.41% 54 Days Payable is 200.55 as of Mar. 2026, which is 41% above its 10-year median of 142.02. GuruFocus rates SHSE:600774 with a GF Score™ of 54/100 and a GF Value™ of ¥7.01 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Hanshang Group Co ranks better than 92.45% on this metric.

Hanshang Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥289 Mil. Hanshang Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥131 Mil. Hence, Hanshang Group Co's Days Payable for the three months ended in Mar. 2026 was 200.55.

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

SHSE:600774' s Days Payable Range Over the Past 10 Years
Min: 86.83   Med: 142.02   Max: 517.61
Current: 213.81

During the past 13 years, Hanshang Group Co's highest Days Payable was 517.61. The lowest was 86.83. And the median was 142.02.

SHSE:600774's Days Payable is ranked better than
92.45% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.53 vs SHSE:600774: 213.81

Hanshang Group Co's Days Payable declined from Mar. 2025 (223.74) to Mar. 2026 (200.55). It may suggest that Hanshang Group Co accelerated paying its suppliers.


Hanshang Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hanshang 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.

Hanshang Group Co Days Payable Chart

Hanshang 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 143.96 140.07 185.11 230.51 201.26

Hanshang 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 223.74 234.76 176.32 237.36 200.55

SHSE:600774 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Hanshang 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.


Hanshang Group Co Days Payable vs Retail - Cyclical Industry

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

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


SHSE:600774
54GF Score
Hanshang Group Co Ltd SHSE:600774
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanshang 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.

Hanshang 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
=( (318.489 + 277.1) / 2 ) / 540.065*365
=297.7945 / 540.065*365
=201.26

Hanshang 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
=( (277.1 + 300.244) / 2 ) / 131.344*365 / 4
=288.672 / 131.344*365 / 4
=200.55

* 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 200.55 mean?
Hanshang Group Co (SHSE:600774) has a Days Payable of 200.55 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 Hanshang Group Co and its competitors. This is 41% above median its historical median of 142.02. Over the past decade, Hanshang Group Co's Days Payable has ranged from 86.83 to 517.61. According to the industry distribution chart, Hanshang Group Co ranks #83 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 7.6%.
Is Hanshang Group Co's Days Payable too high?
Hanshang Group Co's current Days Payable of 200.55 is 41% above median its 10-year median of 142.02. Over the past 10 years, this metric has ranged from a low of 86.83 to a high of 517.61. The Retail - Cyclical industry median Days Payable is 51.53. Hanshang Group Co's value of 200.55 is 289.2% above this industry median. Based on the distribution chart, Hanshang Group Co ranks #83 out of 1099 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Hanshang Group Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hanshang Group Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Hanshang Group Co ranks #83 out of 1099 companies for Days Payable. This places Hanshang Group Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.53. Hanshang Group Co's value of 200.55 is 289.2% above this benchmark. Historically, Hanshang Group Co's own Days Payable has ranged from 86.83 to 517.61 over the past decade. While the company's 10-year median is 142.02 vs. the industry median of 51.53, Hanshang 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.53, 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. Hanshang Group Co's current Days Payable of 200.55 is 289.2% 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 Hanshang Group Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanshang Group Co's current Days Payable is 200.55, which is 41% above median its own 10-year median of 142.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanshang Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanshang Group Co (SHSE:600774) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.01, compared to a current price of ¥6.72 — trading 4.1% below its estimated fair value. The current Days Payable is 200.55, which is 41% above median its 10-year median of 142.02 and 289.2% above the Retail - Cyclical industry median of 51.53. Hanshang Group Co's overall GF Score™ is 54/100 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 Hanshang Group Co (SHSE:600774), the current Days Payable is 200.55 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 Hanshang Group Co (SHSE:600774) Overvalued in 2026?

Based on GuruFocus' analysis, Hanshang Group Co stock appears to be undervalued. The current stock price of ¥6.72 is trading 4.1% below its estimated GF Value™ of ¥7.01. GuruFocus considers Hanshang Group Co to be Fairly Valued.

Key valuation signals for SHSE:600774:

  • Days Payable: 200.55 (41% above median its 10-year median of 142.02)
  • GF Value™: ¥7.01 vs. price of ¥6.72 (4.1% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 289.2% above the Retail - Cyclical median (#83 of 1099)

No single metric tells the full story. See the SHSE:600774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanshang Group Co Business Description

Address No. 134 Hanyang Avenue, Hanyang District, Hubei Province, Wuhan, CHN, 430050
Hanshang Group Co Ltd is engaged in integrating retail, convention and exhibition, and commercial real estate industries. It owns three shopping malls: Ginza, 21st Century and Wuzhan, Wuhan Wedding Photo Material City, Xianning Hot Spring Resort, and holding Wuhan International Convention and Exhibition Center.
54GF Score

Get the complete analysis for SHSE:600774

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

¥6.72
Price
¥7.01
GF Value