Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Snowskylt Industry Group CoSHSE:600929 +6.91%77 Days Payable is 124.73 as of Mar. 2026, which is 66% above its 10-year median of 75.05. GuruFocus rates SHSE:600929 with a GF Score™ of 77/100 and a GF Value™ of ¥5.52 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,554 Chemicals companies, Snowskylt Industry Group Co ranks better than 72.46% on this metric.
* 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 Chemicals subindustry, Snowskylt Industry Group 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.
Snowskylt Industry Group Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Snowskylt Industry Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Snowskylt Industry Group Co's Days Payable falls into.
Snowskylt Industry Group 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.
Snowskylt Industry Group Co (SHSE:600929) has a Days Payable of 124.73 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 Snowskylt Industry Group Co and its competitors. This is 66% above median its historical median of 75.05. Over the past decade, Snowskylt Industry Group Co's Days Payable has ranged from 39.01 to 95.95. According to the industry distribution chart, Snowskylt Industry Group Co ranks #428 out of 1554 companies in the Chemicals industry, placing it in the top 27.5%.
Is Snowskylt Industry Group Co's Days Payable too high?
Snowskylt Industry Group Co's current Days Payable of 124.73 is 66% above median its 10-year median of 75.05. Over the past 10 years, this metric has ranged from a low of 39.01 to a high of 95.95. The Chemicals industry median Days Payable is 59.57. Snowskylt Industry Group Co's value of 124.73 is 109.4% above this industry median. Based on the distribution chart, Snowskylt Industry Group Co ranks #428 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Snowskylt Industry Group Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Snowskylt Industry Group Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Snowskylt Industry Group Co ranks #428 out of 1554 companies for Days Payable. This puts Snowskylt Industry Group Co in the upper half of its industry. The industry median Days Payable is 59.57. Snowskylt Industry Group Co's value of 124.73 is 109.4% above this benchmark. Historically, Snowskylt Industry Group Co's own Days Payable has ranged from 39.01 to 95.95 over the past decade. While the company's 10-year median is 75.05 vs. the industry median of 59.57, Snowskylt Industry Group 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Snowskylt Industry Group Co's current Days Payable of 124.73 is 109.4% 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 Snowskylt Industry Group Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snowskylt Industry Group Co's current Days Payable is 124.73, which is 66% above median its own 10-year median of 75.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowskylt Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Snowskylt Industry Group Co (SHSE:600929) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.52, compared to a current price of ¥4.95 — trading 10.3% below its estimated fair value. The current Days Payable is 124.73, which is 66% above median its 10-year median of 75.05 and 109.4% above the Chemicals industry median of 59.57. Snowskylt Industry Group Co's overall GF Score™ is 77/100 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 Snowskylt Industry Group Co (SHSE:600929), the current Days Payable is 124.73 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 Snowskylt Industry Group Co (SHSE:600929) Overvalued in 2026?
Based on GuruFocus' analysis, Snowskylt Industry Group Co stock appears to be undervalued.
The current stock price of ¥4.95 is trading 10.3% below its estimated GF Value™ of ¥5.52.
GuruFocus considers Snowskylt Industry Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600929:
Days Payable: 124.73 (66% above median its 10-year median of 75.05)
GF Value™: ¥5.52 vs. price of ¥4.95 (10.3% below fair value)
Industry Position: 109.4% above the Chemicals median (#428 of 1554)
No single metric tells the full story. See the SHSE:600929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Snowsky Salt Industry Group Co Ltd formerly known as Hunan Salt Industry Co Ltd is mainly engaged in the production and sale of salt products. The main products include salt, small industrial salt, daily chemical salt and others.
77GF Score
Get the complete analysis for SHSE:600929
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600929 has been successfully added to your 
