What is Shanghai Jinjiang Shipping (Group) Co Days Payable?
Shanghai Jinjiang Shipping (Group) CoSHSE:601083 +0.10%42 Days Payable is 54.83 as of Mar. 2026, which is 7% above its 10-year median of 51.33. GuruFocus rates SHSE:601083 with a GF Score™ of 42/100. The stock has 2 warning signs investors should review. Among 968 Transportation companies, Shanghai Jinjiang Shipping (Group) Co ranks better than 60.74% 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.
Shanghai Jinjiang Shipping (Group) Co Days Payable Chart
Shanghai Jinjiang Shipping (Group) Co Days Payable Competitor Comparison
For the Marine Shipping subindustry, Shanghai Jinjiang Shipping (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.
Shanghai Jinjiang Shipping (Group) Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Shanghai Jinjiang Shipping (Group) Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Jinjiang Shipping (Group) Co's Days Payable falls into.
Shanghai Jinjiang Shipping (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.
Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) has a Days Payable of 54.83 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 Jinjiang Shipping (Group) Co and its competitors. This is near median its historical median of 51.33. Over the past decade, Shanghai Jinjiang Shipping (Group) Co's Days Payable has ranged from 43.49 to 56.91. According to the industry distribution chart, Shanghai Jinjiang Shipping (Group) Co ranks #380 out of 968 companies in the Transportation industry, placing it in the top 39.3%.
Is Shanghai Jinjiang Shipping (Group) Co's Days Payable too high?
Shanghai Jinjiang Shipping (Group) Co's current Days Payable of 54.83 is near median its 10-year median of 51.33. Over the past 10 years, this metric has ranged from a low of 43.49 to a high of 56.91. The Transportation industry median Days Payable is 38.80. Shanghai Jinjiang Shipping (Group) Co's value of 54.83 is 41.3% above this industry median. Based on the distribution chart, Shanghai Jinjiang Shipping (Group) Co ranks #380 out of 968 companies in the Transportation industry, which is above the industry midpoint. Overall, Shanghai Jinjiang Shipping (Group) Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jinjiang Shipping (Group) Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Shanghai Jinjiang Shipping (Group) Co ranks #380 out of 968 companies for Days Payable. This puts Shanghai Jinjiang Shipping (Group) Co in the upper half of its industry. The industry median Days Payable is 38.80. Shanghai Jinjiang Shipping (Group) Co's value of 54.83 is 41.3% above this benchmark. Historically, Shanghai Jinjiang Shipping (Group) Co's own Days Payable has ranged from 43.49 to 56.91 over the past decade. While the company's 10-year median is 51.33 vs. the industry median of 38.80, Shanghai Jinjiang Shipping (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 Transportation company?
The median Days Payable among Transportation companies is 38.80, based on 968 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 Jinjiang Shipping (Group) Co's current Days Payable of 54.83 is 41.3% 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 Shanghai Jinjiang Shipping (Group) Co and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jinjiang Shipping (Group) Co's current Days Payable is 54.83, which is near median its own 10-year median of 51.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jinjiang Shipping (Group) Co stock overvalued right now?
Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) has a current Days Payable of 54.83. The current Days Payable is 54.83, which is near median its 10-year median of 51.33 and 41.3% above the Transportation industry median of 38.80. Shanghai Jinjiang Shipping (Group) Co's overall GF Score™ is 42/100 with 2 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 Jinjiang Shipping (Group) Co (SHSE:601083), the current Days Payable is 54.83 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.
Shanghai Jinjiang Shipping (Group) Co Business Description
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601083 has been successfully added to your 
