Shanghai Zhangjiang Hi-tech Park Development Co (SHSE:600895) Days Payable: 1,180.46 (As of Mar. 2026) — 154% Above Median

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SHSE:600895 Shanghai Zhangjiang Hi-tech Park Development Co Ltd SHSE:600895
69 GF Score
Price ¥28.22
GF Value ¥39.34
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shanghai Zhangjiang Hi-tech Park Development Co Days Payable?

Shanghai Zhangjiang Hi-tech Park Development Co SHSE:600895 +2.99% 69 Days Payable is 1,180.46 as of Mar. 2026, which is 154% above its 10-year median of 465.50. GuruFocus rates SHSE:600895 with a GF Score™ of 69/100 and a GF Value™ of ¥39.34 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,570 Real Estate companies, Shanghai Zhangjiang Hi-tech Park Development Co ranks better than 94.71% on this metric.

Shanghai Zhangjiang Hi-tech Park Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥8,055 Mil. Shanghai Zhangjiang Hi-tech Park Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥623 Mil. Hence, Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable for the three months ended in Mar. 2026 was 1,180.46.

The historical rank and industry rank for Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable or its related term are showing as below:

SHSE:600895' s Days Payable Range Over the Past 10 Years
Min: 161.77   Med: 465.5   Max: 2736.37
Current: 1339.4

During the past 13 years, Shanghai Zhangjiang Hi-tech Park Development Co's highest Days Payable was 2736.37. The lowest was 161.77. And the median was 465.50.

SHSE:600895's Days Payable is ranked better than
94.71% of 1570 companies
in the Real Estate industry
Industry Median: 94.205 vs SHSE:600895: 1339.40

Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable increased from Mar. 2025 (740.40) to Mar. 2026 (1,180.46). It may suggest that Shanghai Zhangjiang Hi-tech Park Development Co delayed paying its suppliers.


Shanghai Zhangjiang Hi-tech Park Development Co Days Payable Related Terms


Shanghai Zhangjiang Hi-tech Park Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Zhangjiang Hi-tech Park Development 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 Zhangjiang Hi-tech Park Development Co Days Payable Chart

Shanghai Zhangjiang Hi-tech Park Development 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 499.21 897.81 1,547.98 2,736.37 1,386.85

Shanghai Zhangjiang Hi-tech Park Development 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 740.40 2,858.27 4,359.13 699.47 1,180.46

Shanghai Zhangjiang Hi-tech Park Development Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Shanghai Zhangjiang Hi-tech Park Development 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 Zhangjiang Hi-tech Park Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable falls into.


SHSE:600895
69GF Score
Shanghai Zhangjiang Hi-tech Park Development Co Ltd SHSE:600895
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Zhangjiang Hi-tech Park Development 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 Zhangjiang Hi-tech Park Development 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
=( (8013.842 + 8303.973) / 2 ) / 2147.316*365
=8158.9075 / 2147.316*365
=1,386.85

Shanghai Zhangjiang Hi-tech Park Development 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
=( (8303.973 + 7806.604) / 2 ) / 622.675*365 / 4
=8055.2885 / 622.675*365 / 4
=1,180.46

* 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 1,180.46 mean?
Shanghai Zhangjiang Hi-tech Park Development Co (SHSE:600895) has a Days Payable of 1,180.46 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 Zhangjiang Hi-tech Park Development Co and its competitors. This is 154% above median its historical median of 465.50. Over the past decade, Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable has ranged from 161.77 to 2,736.37. According to the industry distribution chart, Shanghai Zhangjiang Hi-tech Park Development Co ranks #83 out of 1570 companies in the Real Estate industry, placing it in the top 5.3%.
Is Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable too high?
Shanghai Zhangjiang Hi-tech Park Development Co's current Days Payable of 1,180.46 is 154% above median its 10-year median of 465.50. Over the past 10 years, this metric has ranged from a low of 161.77 to a high of 2,736.37. The Real Estate industry median Days Payable is 94.21. Shanghai Zhangjiang Hi-tech Park Development Co's value of 1,180.46 is 1153.1% above this industry median. Based on the distribution chart, Shanghai Zhangjiang Hi-tech Park Development Co ranks #83 out of 1570 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Zhangjiang Hi-tech Park Development Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhangjiang Hi-tech Park Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Shanghai Zhangjiang Hi-tech Park Development Co ranks #83 out of 1570 companies for Days Payable. This places Shanghai Zhangjiang Hi-tech Park Development Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.21. Shanghai Zhangjiang Hi-tech Park Development Co's value of 1,180.46 is 1153.1% above this benchmark. Historically, Shanghai Zhangjiang Hi-tech Park Development Co's own Days Payable has ranged from 161.77 to 2,736.37 over the past decade. While the company's 10-year median is 465.50 vs. the industry median of 94.21, Shanghai Zhangjiang Hi-tech Park Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,570 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 Zhangjiang Hi-tech Park Development Co's current Days Payable of 1,180.46 is 1153.1% 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 Zhangjiang Hi-tech Park Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhangjiang Hi-tech Park Development Co's current Days Payable is 1,180.46, which is 154% above median its own 10-year median of 465.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhangjiang Hi-tech Park Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhangjiang Hi-tech Park Development Co (SHSE:600895) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥39.34, compared to a current price of ¥28.22 — trading 28.3% below its estimated fair value. The current Days Payable is 1,180.46, which is 154% above median its 10-year median of 465.50 and 1153.1% above the Real Estate industry median of 94.21. Shanghai Zhangjiang Hi-tech Park Development Co's overall GF Score™ is 69/100 with 8 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 Zhangjiang Hi-tech Park Development Co (SHSE:600895), the current Days Payable is 1,180.46 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 Zhangjiang Hi-tech Park Development Co (SHSE:600895) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Zhangjiang Hi-tech Park Development Co stock appears to be undervalued. The current stock price of ¥28.22 is trading 28.3% below its estimated GF Value™ of ¥39.34. GuruFocus considers Shanghai Zhangjiang Hi-tech Park Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:600895:

  • Days Payable: 1,180.46 (154% above median its 10-year median of 465.50)
  • GF Value™: ¥39.34 vs. price of ¥28.22 (28.3% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 1153.1% above the Real Estate median (#83 of 1570)

No single metric tells the full story. See the SHSE:600895 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Zhangjiang Hi-tech Park Development Co Business Description

Address No. 560 Songtao Road, 17th Floor, Zhangjiang Building, Pudong New Area, Shanghai, CHN, 201203
Shanghai Zhangjiang Hi-tech Park Development Co Ltd is a China-based firm engaged in the industrial real estate. It provides property development, property leasing, and communication services. It mostly focuses on the development and operation of high-tech parks.
69GF Score

Get the complete analysis for SHSE:600895

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

¥28.22
Price
¥39.34
GF Value