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* 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 Tongji Science & Technology Industrial Co Days Payable Chart
Shanghai Tongji Science & Technology Industrial Co Annual Data
* 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 Tongji Science & Technology Industrial Co Days Payable vs Construction Industry
Shanghai Tongji Science & Technology 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.
* 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 Tongji Science & Technology Industrial Co (SHSE:600846) has a Days Payable of 307.88 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 Tongji Science & Technology Industrial Co and its competitors. This is 154% above median its historical median of 121.08. Over the past decade, Shanghai Tongji Science & Technology Industrial Co's Days Payable has ranged from 99.80 to 264.69. According to the industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #240 out of 1716 companies in the Construction industry, placing it in the top 14%.
Is Shanghai Tongji Science & Technology Industrial Co's Days Payable too high?
Shanghai Tongji Science & Technology Industrial Co's current Days Payable of 307.88 is 154% above median its 10-year median of 121.08. Over the past 10 years, this metric has ranged from a low of 99.80 to a high of 264.69. The Construction industry median Days Payable is 76.55. Shanghai Tongji Science & Technology Industrial Co's value of 307.88 is 302.2% above this industry median. Based on the distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #240 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Tongji Science & Technology Industrial Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongji Science & Technology Industrial Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #240 out of 1716 companies for Days Payable. This places Shanghai Tongji Science & Technology Industrial Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.55. Shanghai Tongji Science & Technology Industrial Co's value of 307.88 is 302.2% above this benchmark. Historically, Shanghai Tongji Science & Technology Industrial Co's own Days Payable has ranged from 99.80 to 264.69 over the past decade. While the company's 10-year median is 121.08 vs. the industry median of 76.55, Shanghai Tongji Science & Technology 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 Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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 Tongji Science & Technology Industrial Co's current Days Payable of 307.88 is 302.2% 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 Shanghai Tongji Science & Technology Industrial Co and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tongji Science & Technology Industrial Co's current Days Payable is 307.88, which is 154% above median its own 10-year median of 121.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongji Science & Technology Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.85, compared to a current price of ¥10.71 — trading 8.7% above its estimated fair value. The current Days Payable is 307.88, which is 154% above median its 10-year median of 121.08 and 302.2% above the Construction industry median of 76.55. Shanghai Tongji Science & Technology Industrial Co's overall GF Score™ is 55/100 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 Shanghai Tongji Science & Technology Industrial Co (SHSE:600846), the current Days Payable is 307.88 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 Tongji Science & Technology Industrial Co (SHSE:600846) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co stock appears to be overvalued.
The current stock price of ¥10.71 is trading 8.7% above its estimated GF Value™ of ¥9.85.
GuruFocus considers Shanghai Tongji Science & Technology Industrial Co to be Fairly Valued.
Key valuation signals for SHSE:600846:
Days Payable: 307.88 (154% above median its 10-year median of 121.08)
GF Value™: ¥9.85 vs. price of ¥10.71 (8.7% above fair value)
Industry Position: 302.2% above the Construction median (#240 of 1716)
No single metric tells the full story. See the SHSE:600846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Tongji Science & Technology Industrial Co Business Description
Shanghai Tongji Science & Technology Industrial Co Ltd is engaged in Engineering construction and consulting services, science park value-added services and base operation and management, environmental engineering technology services and investment operation, real estate development business.
55GF Score
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