Sanjiang Shopping Club Co (SHSE:601116) Days Payable: 27.92 (As of Mar. 2026) — 44% Below Median

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SHSE:601116 Sanjiang Shopping Club Co Ltd SHSE:601116
65 GF Score
Price ¥9.37
GF Value ¥11.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Sanjiang Shopping Club Co Days Payable?

Sanjiang Shopping Club Co SHSE:601116 -0.95% 65 Days Payable is 27.92 as of Mar. 2026, which is 44% below its 10-year median of 49.92. GuruFocus rates SHSE:601116 with a GF Score™ of 65/100 and a GF Value™ of ¥11.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 304 Retail - Defensive companies, Sanjiang Shopping Club Co ranks worse than 62.83% on this metric.

Sanjiang Shopping Club Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥246 Mil. Sanjiang Shopping Club Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥803 Mil. Hence, Sanjiang Shopping Club Co's Days Payable for the three months ended in Mar. 2026 was 27.92.

The historical rank and industry rank for Sanjiang Shopping Club Co's Days Payable or its related term are showing as below:

SHSE:601116' s Days Payable Range Over the Past 10 Years
Min: 33.49   Med: 49.92   Max: 66.66
Current: 33.49

During the past 13 years, Sanjiang Shopping Club Co's highest Days Payable was 66.66. The lowest was 33.49. And the median was 49.92.

SHSE:601116's Days Payable is ranked worse than
62.83% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.755 vs SHSE:601116: 33.49

Sanjiang Shopping Club Co's Days Payable declined from Mar. 2025 (34.81) to Mar. 2026 (27.92). It may suggest that Sanjiang Shopping Club Co accelerated paying its suppliers.


Sanjiang Shopping Club Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sanjiang Shopping Club 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.

Sanjiang Shopping Club Co Days Payable Chart

Sanjiang Shopping Club 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 49.63 49.26 46.97 42.37 36.98

Sanjiang Shopping Club 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 34.81 36.01 35.09 38.08 27.92

SHSE:601116 vs KR, SFM: Days Payable Comparison

For the Grocery Stores subindustry, Sanjiang Shopping Club 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.


Sanjiang Shopping Club Co Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sanjiang Shopping Club Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sanjiang Shopping Club Co's Days Payable falls into.


SHSE:601116
65GF Score
Sanjiang Shopping Club Co Ltd SHSE:601116
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanjiang Shopping Club 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.

Sanjiang Shopping Club 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
=( (328.497 + 262.101) / 2 ) / 2914.935*365
=295.299 / 2914.935*365
=36.98

Sanjiang Shopping Club 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
=( (262.101 + 229.601) / 2 ) / 803.478*365 / 4
=245.851 / 803.478*365 / 4
=27.92

* 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 27.92 mean?
Sanjiang Shopping Club Co (SHSE:601116) has a Days Payable of 27.92 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 Sanjiang Shopping Club Co and its competitors. This is 44% below median its historical median of 49.92. Over the past decade, Sanjiang Shopping Club Co's Days Payable has ranged from 33.49 to 66.66. According to the industry distribution chart, Sanjiang Shopping Club Co ranks #191 out of 304 companies in the Retail - Defensive industry, placing it in the top 62.8%.
Is Sanjiang Shopping Club Co's Days Payable too high?
Sanjiang Shopping Club Co's current Days Payable of 27.92 is 44% below median its 10-year median of 49.92. Over the past 10 years, this metric has ranged from a low of 33.49 to a high of 66.66. The Retail - Defensive industry median Days Payable is 43.76. Sanjiang Shopping Club Co's value of 27.92 is 36.2% below this industry median. Based on the distribution chart, Sanjiang Shopping Club Co ranks #191 out of 304 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Sanjiang Shopping Club Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sanjiang Shopping Club Co's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sanjiang Shopping Club Co ranks #191 out of 304 companies for Days Payable. This places Sanjiang Shopping Club Co in the lower half of its industry. The industry median Days Payable is 43.76. Sanjiang Shopping Club Co's value of 27.92 is 36.2% below this benchmark. Historically, Sanjiang Shopping Club Co's own Days Payable has ranged from 33.49 to 66.66 over the past decade. While the company's 10-year median is 49.92 vs. the industry median of 43.76, Sanjiang Shopping Club Co has consistently been below 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.76, based on 304 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. Sanjiang Shopping Club Co's current Days Payable of 27.92 is 36.2% below 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 Sanjiang Shopping Club Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanjiang Shopping Club Co's current Days Payable is 27.92, which is 44% below median its own 10-year median of 49.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanjiang Shopping Club Co stock overvalued right now?
Based on GuruFocus' analysis, Sanjiang Shopping Club Co (SHSE:601116) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.24, compared to a current price of ¥9.37 — trading 16.6% below its estimated fair value. The current Days Payable is 27.92, which is 44% below median its 10-year median of 49.92 and 36.2% below the Retail - Defensive industry median of 43.76. Sanjiang Shopping Club Co's overall GF Score™ is 65/100 with 5 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 Sanjiang Shopping Club Co (SHSE:601116), the current Days Payable is 27.92 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 Sanjiang Shopping Club Co (SHSE:601116) Overvalued in 2026?

Based on GuruFocus' analysis, Sanjiang Shopping Club Co stock appears to be undervalued. The current stock price of ¥9.37 is trading 16.6% below its estimated GF Value™ of ¥11.24. GuruFocus considers Sanjiang Shopping Club Co to be Modestly Undervalued.

Key valuation signals for SHSE:601116:

  • Days Payable: 27.92 (44% below median its 10-year median of 49.92)
  • GF Value™: ¥11.24 vs. price of ¥9.37 (16.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 36.2% below the Retail - Defensive median (#191 of 304)

No single metric tells the full story. See the SHSE:601116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanjiang Shopping Club Co Business Description

Address Number 197, North Section of Huancheng West Road, Haishu District, Ningbo, CHN, 315000
Sanjiang Shopping Club Co Ltd operates a supermarket chain in Zhejiang Province.
65GF Score

Get the complete analysis for SHSE:601116

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

¥9.37
Price
¥11.24
GF Value