Shandong Bohui Paper Industrial Co (SHSE:600966) Days Payable: 97.01 (As of Mar. 2026) — 23% Below Median

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SHSE:600966 Shandong Bohui Paper Industrial Co Ltd SHSE:600966
66 GF Score
Price ¥4.87
GF Value ¥5.52
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shandong Bohui Paper Industrial Co Days Payable?

Shandong Bohui Paper Industrial Co SHSE:600966 +0.21% 66 Days Payable is 97.01 as of Mar. 2026, which is 23% below its 10-year median of 125.24. GuruFocus rates SHSE:600966 with a GF Score™ of 66/100 and a GF Value™ of ¥5.52 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 275 Forest Products companies, Shandong Bohui Paper Industrial Co ranks better than 80.36% on this metric.

Shandong Bohui Paper Industrial Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,305 Mil. Shandong Bohui Paper Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥4,049 Mil. Hence, Shandong Bohui Paper Industrial Co's Days Payable for the three months ended in Mar. 2026 was 97.01.

The historical rank and industry rank for Shandong Bohui Paper Industrial Co's Days Payable or its related term are showing as below:

SHSE:600966' s Days Payable Range Over the Past 10 Years
Min: 83.27   Med: 125.24   Max: 159.23
Current: 106.53

During the past 13 years, Shandong Bohui Paper Industrial Co's highest Days Payable was 159.23. The lowest was 83.27. And the median was 125.24.

SHSE:600966's Days Payable is ranked better than
80.36% of 275 companies
in the Forest Products industry
Industry Median: 56.5 vs SHSE:600966: 106.53

Shandong Bohui Paper Industrial Co's Days Payable declined from Mar. 2025 (110.82) to Mar. 2026 (97.01). It may suggest that Shandong Bohui Paper Industrial Co accelerated paying its suppliers.


Shandong Bohui Paper Industrial Co Days Payable Related Terms


Shandong Bohui Paper Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Bohui Paper Industrial 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.

Shandong Bohui Paper Industrial Co Days Payable Chart

Shandong Bohui Paper Industrial 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 139.20 121.97 128.51 104.98 85.94

Shandong Bohui Paper Industrial 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 110.82 106.15 111.99 105.93 97.01

Shandong Bohui Paper Industrial Co Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Shandong Bohui Paper Industrial 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.


Shandong Bohui Paper Industrial Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Bohui Paper Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Bohui Paper Industrial Co's Days Payable falls into.


SHSE:600966
66GF Score
Shandong Bohui Paper Industrial Co Ltd SHSE:600966
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Bohui Paper 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.

Shandong Bohui Paper Industrial 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
=( (4347.076 + 3810.449) / 2 ) / 17323.952*365
=4078.7625 / 17323.952*365
=85.94

Shandong Bohui Paper Industrial 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
=( (3810.449 + 4798.673) / 2 ) / 4049.044*365 / 4
=4304.561 / 4049.044*365 / 4
=97.01

* 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 97.01 mean?
Shandong Bohui Paper Industrial Co (SHSE:600966) has a Days Payable of 97.01 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 Shandong Bohui Paper Industrial Co and its competitors. This is 23% below median its historical median of 125.24. Over the past decade, Shandong Bohui Paper Industrial Co's Days Payable has ranged from 83.27 to 159.23. According to the industry distribution chart, Shandong Bohui Paper Industrial Co ranks #54 out of 275 companies in the Forest Products industry, placing it in the top 19.6%.
Is Shandong Bohui Paper Industrial Co's Days Payable too high?
Shandong Bohui Paper Industrial Co's current Days Payable of 97.01 is 23% below median its 10-year median of 125.24. Over the past 10 years, this metric has ranged from a low of 83.27 to a high of 159.23. The Forest Products industry median Days Payable is 56.50. Shandong Bohui Paper Industrial Co's value of 97.01 is 71.7% above this industry median. Based on the distribution chart, Shandong Bohui Paper Industrial Co ranks #54 out of 275 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Bohui Paper Industrial Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Bohui Paper Industrial Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Shandong Bohui Paper Industrial Co ranks #54 out of 275 companies for Days Payable. This places Shandong Bohui Paper Industrial Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.50. Shandong Bohui Paper Industrial Co's value of 97.01 is 71.7% above this benchmark. Historically, Shandong Bohui Paper Industrial Co's own Days Payable has ranged from 83.27 to 159.23 over the past decade. While the company's 10-year median is 125.24 vs. the industry median of 56.50, Shandong Bohui Paper 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.50, based on 275 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. Shandong Bohui Paper Industrial Co's current Days Payable of 97.01 is 71.7% 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 Shandong Bohui Paper Industrial Co and its competitors. For the Forest Products industry, the median Days Payable is 56.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Bohui Paper Industrial Co's current Days Payable is 97.01, which is 23% below median its own 10-year median of 125.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Bohui Paper Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Bohui Paper Industrial Co (SHSE:600966) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.52, compared to a current price of ¥4.87 — trading 11.8% below its estimated fair value. The current Days Payable is 97.01, which is 23% below median its 10-year median of 125.24 and 71.7% above the Forest Products industry median of 56.50. Shandong Bohui Paper Industrial Co's overall GF Score™ is 66/100 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 Shandong Bohui Paper Industrial Co (SHSE:600966), the current Days Payable is 97.01 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 Shandong Bohui Paper Industrial Co (SHSE:600966) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Bohui Paper Industrial Co stock appears to be undervalued. The current stock price of ¥4.87 is trading 11.8% below its estimated GF Value™ of ¥5.52. GuruFocus considers Shandong Bohui Paper Industrial Co to be Modestly Undervalued.

Key valuation signals for SHSE:600966:

  • Days Payable: 97.01 (23% below median its 10-year median of 125.24)
  • GF Value™: ¥5.52 vs. price of ¥4.87 (11.8% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 71.7% above the Forest Products median (#54 of 275)

No single metric tells the full story. See the SHSE:600966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Bohui Paper Industrial Co Business Description

Address North of Industrial Road, Maqiao Town, Huantai County, handong Province, Zibo, CHN, 256405
Shandong Bohui Paper Industrial Co Ltd is a China-based company produces and sells paper products. It offers products such as pulp, folding boxboard, printing and writing paper, test liner boards, gypsum boards, and kraftliner boards.
66GF Score

Get the complete analysis for SHSE:600966

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

¥4.87
Price
¥5.52
GF Value