Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Days Payable: 111.10 (As of Mar. 2026) — 72% Above Median


SHSE:600835 Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
63 GF Score
Price ¥21.48
GF Value ¥16.57
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Mechanical & Electrical Industry Co Days Payable?

Shanghai Mechanical & Electrical Industry Co SHSE:600835 -0.60% 63 Days Payable is 111.10 as of Mar. 2026, which is 72% above its 10-year median of 64.56. GuruFocus rates SHSE:600835 with a GF Score™ of 63/100 and a GF Value™ of ¥16.57 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Shanghai Mechanical & Electrical Industry Co ranks better than 62.49% on this metric.

Shanghai Mechanical & Electrical Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,349 Mil. Shanghai Mechanical & Electrical Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,572 Mil. Hence, Shanghai Mechanical & Electrical Industry Co's Days Payable for the three months ended in Mar. 2026 was 111.10.

The historical rank and industry rank for Shanghai Mechanical & Electrical Industry Co's Days Payable or its related term are showing as below:

SHSE:600835' s Days Payable Range Over the Past 10 Years
Min: 44.47   Med: 64.56   Max: 104.23
Current: 104.23

During the past 13 years, Shanghai Mechanical & Electrical Industry Co's highest Days Payable was 104.23. The lowest was 44.47. And the median was 64.56.

SHSE:600835's Days Payable is ranked better than
62.49% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs SHSE:600835: 104.23

Shanghai Mechanical & Electrical Industry Co's Days Payable declined from Mar. 2025 (111.96) to Mar. 2026 (111.10). It may suggest that Shanghai Mechanical & Electrical Industry Co accelerated paying its suppliers.


Shanghai Mechanical & Electrical Industry Co Days Payable Related Terms


Shanghai Mechanical & Electrical Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Mechanical & Electrical Industry 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.

Shanghai Mechanical & Electrical Industry Co Days Payable Chart

Shanghai Mechanical & Electrical Industry 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 65.46 76.23 82.76 90.80 98.54

Shanghai Mechanical & Electrical Industry 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 111.96 96.26 105.54 114.72 111.10

SHSE:600835 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Mechanical & Electrical Industry 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.


Shanghai Mechanical & Electrical Industry Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Mechanical & Electrical Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Mechanical & Electrical Industry Co's Days Payable falls into.


SHSE:600835
63GF Score
Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Mechanical & Electrical Industry 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.

Shanghai Mechanical & Electrical Industry 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
=( (4476.923 + 4344.791) / 2 ) / 16337.728*365
=4410.857 / 16337.728*365
=98.54

Shanghai Mechanical & Electrical Industry 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
=( (4344.791 + 4352.366) / 2 ) / 3571.682*365 / 4
=4348.5785 / 3571.682*365 / 4
=111.10

* 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 111.10 mean?
Shanghai Mechanical & Electrical Industry Co (SHSE:600835) has a Days Payable of 111.10 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 Shanghai Mechanical & Electrical Industry Co and its competitors. This is 72% above median its historical median of 64.56. Over the past decade, Shanghai Mechanical & Electrical Industry Co's Days Payable has ranged from 44.47 to 104.23. According to the industry distribution chart, Shanghai Mechanical & Electrical Industry Co ranks #1120 out of 2986 companies in the Industrial Products industry, placing it in the top 37.5%.
Is Shanghai Mechanical & Electrical Industry Co's Days Payable too high?
Shanghai Mechanical & Electrical Industry Co's current Days Payable of 111.10 is 72% above median its 10-year median of 64.56. Over the past 10 years, this metric has ranged from a low of 44.47 to a high of 104.23. The Industrial Products industry median Days Payable is 77.81. Shanghai Mechanical & Electrical Industry Co's value of 111.10 is 42.8% above this industry median. Based on the distribution chart, Shanghai Mechanical & Electrical Industry Co ranks #1120 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Mechanical & Electrical Industry Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Mechanical & Electrical Industry Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Mechanical & Electrical Industry Co ranks #1120 out of 2986 companies for Days Payable. This puts Shanghai Mechanical & Electrical Industry Co in the upper half of its industry. The industry median Days Payable is 77.81. Shanghai Mechanical & Electrical Industry Co's value of 111.10 is 42.8% above this benchmark. Historically, Shanghai Mechanical & Electrical Industry Co's own Days Payable has ranged from 44.47 to 104.23 over the past decade. While the company's 10-year median is 64.56 vs. the industry median of 77.81, Shanghai Mechanical & Electrical Industry 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Shanghai Mechanical & Electrical Industry Co's current Days Payable of 111.10 is 42.8% 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 Shanghai Mechanical & Electrical Industry Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Mechanical & Electrical Industry Co's current Days Payable is 111.10, which is 72% above median its own 10-year median of 64.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Mechanical & Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co (SHSE:600835) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥16.57, compared to a current price of ¥21.48 — trading 29.6% above its estimated fair value. The current Days Payable is 111.10, which is 72% above median its 10-year median of 64.56 and 42.8% above the Industrial Products industry median of 77.81. Shanghai Mechanical & Electrical Industry Co's overall GF Score™ is 63/100 with 5 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 Shanghai Mechanical & Electrical Industry Co (SHSE:600835), the current Days Payable is 111.10 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 Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co stock appears to be overvalued. The current stock price of ¥21.48 is trading 29.6% above its estimated GF Value™ of ¥16.57. GuruFocus considers Shanghai Mechanical & Electrical Industry Co to be Modestly Overvalued.

Key valuation signals for SHSE:600835:

  • Days Payable: 111.10 (72% above median its 10-year median of 64.56)
  • GF Value™: ¥16.57 vs. price of ¥21.48 (29.6% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 42.8% above the Industrial Products median (#1120 of 2986)

No single metric tells the full story. See the SHSE:600835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Mechanical & Electrical Industry Co Business Description

Other Exchanges 900925:China
Address No. 1286 Minsheng Road, Huishang Building, 9F, Pudong, Shanghai, Shanghai, CHN, 200135
Shanghai Mechanical & Electrical Industry Co Ltd mainly operates as a distributor and manufacturer of the mechanical and electrical equipment. It provides products such as escalators, printing and packaging machines, refrigeration and air conditioning and welding equipment, engineering machineries, wood-based panel machineries, energy engineering, hydraulic and pneumatic products and electrical equipment.
63GF Score

Get the complete analysis for SHSE:600835

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

¥21.48
Price
¥16.57
GF Value