Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Days Payable: 171.01 (As of Mar. 2026) — 29% Below Median

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SHSE:600854 Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd SHSE:600854
60 GF Score
Price ¥4.44
GF Value ¥4.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable?

Jiangsu Chunlan Refrigerating Equipment Stock Co SHSE:600854 +2.54% 60 Days Payable is 171.01 as of Mar. 2026, which is 29% below its 10-year median of 240.91. GuruFocus rates SHSE:600854 with a GF Score™ of 60/100 and a GF Value™ of ¥4.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks better than 90.38% on this metric.

Jiangsu Chunlan Refrigerating Equipment Stock Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥36.7 Mil. Jiangsu Chunlan Refrigerating Equipment Stock Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥19.6 Mil. Hence, Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable for the three months ended in Mar. 2026 was 171.01.

The historical rank and industry rank for Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable or its related term are showing as below:

SHSE:600854' s Days Payable Range Over the Past 10 Years
Min: 73.96   Med: 240.91   Max: 325.37
Current: 167.6

During the past 13 years, Jiangsu Chunlan Refrigerating Equipment Stock Co's highest Days Payable was 325.37. The lowest was 73.96. And the median was 240.91.

SHSE:600854's Days Payable is ranked better than
90.38% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03 vs SHSE:600854: 167.60

Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable declined from Mar. 2025 (328.42) to Mar. 2026 (171.01). It may suggest that Jiangsu Chunlan Refrigerating Equipment Stock Co accelerated paying its suppliers.


Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable Related Terms


Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Chunlan Refrigerating Equipment Stock 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.

Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable Chart

Jiangsu Chunlan Refrigerating Equipment Stock 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 318.69 236.81 237.52 275.57 189.95

Jiangsu Chunlan Refrigerating Equipment Stock 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 328.42 156.09 116.29 307.80 171.01

SHSE:600854 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Jiangsu Chunlan Refrigerating Equipment Stock 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.


Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable falls into.


SHSE:600854
60GF Score
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd SHSE:600854
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Chunlan Refrigerating Equipment Stock 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.

Jiangsu Chunlan Refrigerating Equipment Stock 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
=( (40.698 + 36.635) / 2 ) / 74.299*365
=38.6665 / 74.299*365
=189.95

Jiangsu Chunlan Refrigerating Equipment Stock 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
=( (36.635 + 36.669) / 2 ) / 19.557*365 / 4
=36.652 / 19.557*365 / 4
=171.01

* 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 171.01 mean?
Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) has a Days Payable of 171.01 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 Jiangsu Chunlan Refrigerating Equipment Stock Co and its competitors. This is 29% below median its historical median of 240.91. Over the past decade, Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable has ranged from 73.96 to 325.37. According to the industry distribution chart, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks #40 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 9.6%.
Is Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable too high?
Jiangsu Chunlan Refrigerating Equipment Stock Co's current Days Payable of 171.01 is 29% below median its 10-year median of 240.91. Over the past 10 years, this metric has ranged from a low of 73.96 to a high of 325.37. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. Jiangsu Chunlan Refrigerating Equipment Stock Co's value of 171.01 is 171.3% above this industry median. Based on the distribution chart, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks #40 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Chunlan Refrigerating Equipment Stock Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks #40 out of 416 companies for Days Payable. This places Jiangsu Chunlan Refrigerating Equipment Stock Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.03. Jiangsu Chunlan Refrigerating Equipment Stock Co's value of 171.01 is 171.3% above this benchmark. Historically, Jiangsu Chunlan Refrigerating Equipment Stock Co's own Days Payable has ranged from 73.96 to 325.37 over the past decade. While the company's 10-year median is 240.91 vs. the industry median of 63.03, Jiangsu Chunlan Refrigerating Equipment Stock 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. Jiangsu Chunlan Refrigerating Equipment Stock Co's current Days Payable of 171.01 is 171.3% 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 Jiangsu Chunlan Refrigerating Equipment Stock Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Chunlan Refrigerating Equipment Stock Co's current Days Payable is 171.01, which is 29% below median its own 10-year median of 240.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Chunlan Refrigerating Equipment Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.46, compared to a current price of ¥4.44 — trading 0.4% below its estimated fair value. The current Days Payable is 171.01, which is 29% below median its 10-year median of 240.91 and 171.3% above the Furnishings, Fixtures & Appliances industry median of 63.03. Jiangsu Chunlan Refrigerating Equipment Stock Co's overall GF Score™ is 60/100 with 4 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 Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854), the current Days Payable is 171.01 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 Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Chunlan Refrigerating Equipment Stock Co stock appears to be undervalued. The current stock price of ¥4.44 is trading 0.4% below its estimated GF Value™ of ¥4.46. GuruFocus considers Jiangsu Chunlan Refrigerating Equipment Stock Co to be Fairly Valued.

Key valuation signals for SHSE:600854:

  • Days Payable: 171.01 (29% below median its 10-year median of 240.91)
  • GF Value™: ¥4.46 vs. price of ¥4.44 (0.4% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 171.3% above the Furnishings, Fixtures & Appliances median (#40 of 416)

No single metric tells the full story. See the SHSE:600854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Chunlan Refrigerating Equipment Stock Co Business Description

Address No. 1 Chunlan Road, Chunlan Industrial Park, 10th Floor, Jiangsu Province, Taizhou, CHN, 225300
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd is a China-based company. It is a diversified, high-tech and internationalized modern company in manufacturing, research, investment and trade areas. Its product profile includes Residential Air Conditioners, Commercial Air Conditioners, and Power Battery and BMS. Residential Air Conditioners are further divided into Africa Products, Australia Products, Mid-East Products, Asia Products, and others. Commercial Air Conditioners is divided into Light Commercial Products, Multi-connected DC Invertors Series, and Chiller Series.
60GF Score

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

¥4.44
Price
¥4.46
GF Value