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Shanghai Join Buy CoSHSE:600838 +2.40%57 Days Payable is 14.40 as of Mar. 2026, which is 58% below its 10-year median of 34.53. GuruFocus rates SHSE:600838 with a GF Score™ of 57/100 and a GF Value™ of ¥8.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,103 Retail - Cyclical companies, Shanghai Join Buy Co ranks worse than 90.84% on this metric.
The historical rank and industry rank for Shanghai Join Buy Co's Days Payable or its related term are showing as below:
SHSE:600838'
s Days Payable Range Over the Past 10 Years
Min: 10.68 Med: 34.53 Max: 113.54
Current: 10.68
During the past 13 years, Shanghai Join Buy Co's highest Days Payable was 113.54. The lowest was 10.68. And the median was 34.53.
SHSE:600838's Days Payable is ranked worse than 90.84% of 1103
companies
in the Retail - Cyclical industry
Industry Median: 51.29
vs SHSE:600838: 10.68
Shanghai Join Buy Co's Days Payable
declined
from Mar. 2025 (15.07) to Mar. 2026 (14.40).
It may suggest that Shanghai Join Buy Coaccelerated paying its suppliers.
Shanghai Join Buy Co Days Payable Related Terms
Shanghai Join Buy Co Days Payable Historical Data
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The historical data trend for Shanghai Join Buy 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.
For the Department Stores subindustry, Shanghai Join Buy 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 Join Buy Co Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Join Buy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Join Buy Co's Days Payable falls into.
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 Join Buy Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Join Buy Co (SHSE:600838) has a Days Payable of 14.40 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 Join Buy Co and its competitors. This is 58% below median its historical median of 34.53. Over the past decade, Shanghai Join Buy Co's Days Payable has ranged from 10.68 to 113.54. According to the industry distribution chart, Shanghai Join Buy Co ranks #1002 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 90.8%.
Is Shanghai Join Buy Co's Days Payable too high?
Shanghai Join Buy Co's current Days Payable of 14.40 is 58% below median its 10-year median of 34.53. Over the past 10 years, this metric has ranged from a low of 10.68 to a high of 113.54. The Retail - Cyclical industry median Days Payable is 51.29. Shanghai Join Buy Co's value of 14.40 is 71.9% below this industry median. Based on the distribution chart, Shanghai Join Buy Co ranks #1002 out of 1103 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shanghai Join Buy Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Join Buy Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Shanghai Join Buy Co ranks #1002 out of 1103 companies for Days Payable. This places Shanghai Join Buy Co in the lower half of its industry. The industry median Days Payable is 51.29. Shanghai Join Buy Co's value of 14.40 is 71.9% below this benchmark. Historically, Shanghai Join Buy Co's own Days Payable has ranged from 10.68 to 113.54 over the past decade. While the company's 10-year median is 34.53 vs. the industry median of 51.29, Shanghai Join Buy Co has consistently been below 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 51.29, based on 1,103 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 Join Buy Co's current Days Payable of 14.40 is 71.9% below 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 Join Buy Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Join Buy Co's current Days Payable is 14.40, which is 58% below median its own 10-year median of 34.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Join Buy Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Join Buy Co (SHSE:600838) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.87, compared to a current price of ¥6.83 — trading 23% below its estimated fair value. The current Days Payable is 14.40, which is 58% below median its 10-year median of 34.53 and 71.9% below the Retail - Cyclical industry median of 51.29. Shanghai Join Buy Co's overall GF Score™ is 57/100 with 2 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 Join Buy Co (SHSE:600838), the current Days Payable is 14.40 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 Join Buy Co (SHSE:600838) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Join Buy Co stock appears to be undervalued.
The current stock price of ¥6.83 is trading 23% below its estimated GF Value™ of ¥8.87.
GuruFocus considers Shanghai Join Buy Co to be Modestly Undervalued.
Key valuation signals for SHSE:600838:
Days Payable: 14.40 (58% below median its 10-year median of 34.53)
GF Value™: ¥8.87 vs. price of ¥6.83 (23% below fair value)
Industry Position: 71.9% below the Retail - Cyclical median (#1002 of 1103)
No single metric tells the full story. See the SHSE:600838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Join Buy Co Ltd owns and operates department stores in China. It focuses on production and sale of washing chemical products; clothing and textiles dyeing, ironing, weaving, and leather products care; wholesale of wine products; commercial property investment leasing management; and equity investment management.
57GF Score
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