Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Days Payable: 302.33 (As of Jun. 2026) — 70% Above Median

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SHSE:600809 Shanxi Xinghuacun Fen Wine Factory Co Ltd SHSE:600809
77 GF Score
Price ¥122.20
GF Value ¥190.75
Valuation Possible Value Trap
! 3 Warning Signs
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What is Shanxi Xinghuacun Fen Wine Factory Co Days Payable?

Shanxi Xinghuacun Fen Wine Factory Co SHSE:600809 -0.69% 77 Days Payable is 302.33 as of Jun. 2026, which is 70% above its 10-year median of 177.45. GuruFocus rates SHSE:600809 with a GF Score™ of 77/100 and a GF Value™ of ¥190.75 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 199 Beverages - Alcoholic companies, Shanxi Xinghuacun Fen Wine Factory Co ranks better than 74.37% on this metric.

Shanxi Xinghuacun Fen Wine Factory Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥4,814 Mil. Shanxi Xinghuacun Fen Wine Factory Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥1,453 Mil. Hence, Shanxi Xinghuacun Fen Wine Factory Co's Days Payable for the three months ended in Jun. 2026 was 302.33.

The historical rank and industry rank for Shanxi Xinghuacun Fen Wine Factory Co's Days Payable or its related term are showing as below:

SHSE:600809' s Days Payable Range Over the Past 10 Years
Min: 135.21   Med: 177.45   Max: 231.34
Current: 169.57

During the past 13 years, Shanxi Xinghuacun Fen Wine Factory Co's highest Days Payable was 231.34. The lowest was 135.21. And the median was 177.45.

SHSE:600809's Days Payable is ranked better than
74.37% of 199 companies
in the Beverages - Alcoholic industry
Industry Median: 82.38 vs SHSE:600809: 169.57

Shanxi Xinghuacun Fen Wine Factory Co's Days Payable increased from Jun. 2025 (175.93) to Jun. 2026 (302.33). It may suggest that Shanxi Xinghuacun Fen Wine Factory Co delayed paying its suppliers.


Shanxi Xinghuacun Fen Wine Factory Co Days Payable Related Terms


Shanxi Xinghuacun Fen Wine Factory Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co Days Payable Chart

Shanxi Xinghuacun Fen Wine Factory 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 186.62 162.74 135.21 159.29 165.02

Shanxi Xinghuacun Fen Wine Factory Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 175.93 156.50 191.54 105.13 302.33

SHSE:600809 vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory 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.


Shanxi Xinghuacun Fen Wine Factory Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory Co's Days Payable falls into.


SHSE:600809
77GF Score
Shanxi Xinghuacun Fen Wine Factory Co Ltd SHSE:600809
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory 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
=( (4586.643 + 4217.502) / 2 ) / 9736.672*365
=4402.0725 / 9736.672*365
=165.02

Shanxi Xinghuacun Fen Wine Factory Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (4362.838 + 5265.984) / 2 ) / 1453.116*365 / 4
=4814.411 / 1453.116*365 / 4
=302.33

* 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 302.33 mean?
Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) has a Days Payable of 302.33 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shanxi Xinghuacun Fen Wine Factory Co and its competitors. This is 70% above median its historical median of 177.45. Over the past decade, Shanxi Xinghuacun Fen Wine Factory Co's Days Payable has ranged from 135.21 to 231.34. According to the industry distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #51 out of 199 companies in the Beverages - Alcoholic industry, placing it in the top 25.6%.
Is Shanxi Xinghuacun Fen Wine Factory Co's Days Payable too high?
Shanxi Xinghuacun Fen Wine Factory Co's current Days Payable of 302.33 is 70% above median its 10-year median of 177.45. Over the past 10 years, this metric has ranged from a low of 135.21 to a high of 231.34. The Beverages - Alcoholic industry median Days Payable is 82.38. Shanxi Xinghuacun Fen Wine Factory Co's value of 302.33 is 267% above this industry median. Based on the distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #51 out of 199 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Shanxi Xinghuacun Fen Wine Factory Co has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanxi Xinghuacun Fen Wine Factory Co's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #51 out of 199 companies for Days Payable. This puts Shanxi Xinghuacun Fen Wine Factory Co in the upper half of its industry. The industry median Days Payable is 82.38. Shanxi Xinghuacun Fen Wine Factory Co's value of 302.33 is 267% above this benchmark. Historically, Shanxi Xinghuacun Fen Wine Factory Co's own Days Payable has ranged from 135.21 to 231.34 over the past decade. While the company's 10-year median is 177.45 vs. the industry median of 82.38, Shanxi Xinghuacun Fen Wine Factory 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.38, based on 199 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. Shanxi Xinghuacun Fen Wine Factory Co's current Days Payable of 302.33 is 267% 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 Shanxi Xinghuacun Fen Wine Factory Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Xinghuacun Fen Wine Factory Co's current Days Payable is 302.33, which is 70% above median its own 10-year median of 177.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Xinghuacun Fen Wine Factory Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) is currently considered Possible Value Trap. The stock's GF Value™ is ¥190.75, compared to a current price of ¥122.20 — trading 35.9% below its estimated fair value. The current Days Payable is 302.33, which is 70% above median its 10-year median of 177.45 and 267% above the Beverages - Alcoholic industry median of 82.38. Shanxi Xinghuacun Fen Wine Factory Co's overall GF Score™ is 77/100 with 3 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 Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809), the current Days Payable is 302.33 as of Jun. 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 Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Xinghuacun Fen Wine Factory Co stock appears to be undervalued. The current stock price of ¥122.20 is trading 35.9% below its estimated GF Value™ of ¥190.75. GuruFocus considers Shanxi Xinghuacun Fen Wine Factory Co to be Possible Value Trap.

Key valuation signals for SHSE:600809:

  • Days Payable: 302.33 (70% above median its 10-year median of 177.45)
  • GF Value™: ¥190.75 vs. price of ¥122.20 (35.9% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 267% above the Beverages - Alcoholic median (#51 of 199)

No single metric tells the full story. See the SHSE:600809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Xinghuacun Fen Wine Factory Co Business Description

Address Jiudu Avenue, Xinghua Village, Shanxi Province, Fenyang, CHN, 032205
Shanxi Fen Wine is a typical light-flavored baijiu, featuring a fresher, lighter, and purer taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering subpremium, mid- to high-range, and low-end products, including subpremium brand Qinghua series, midrange products Panama and Laobaifen, and low end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Shanxi Fen Wine.
77GF Score

Get the complete analysis for SHSE:600809

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

¥122.20
Price
¥190.75
GF Value