Shanghai Huafon Aluminium (SHSE:601702) Days Payable: 27.02 (As of Mar. 2026) — Near Median


SHSE:601702 Shanghai Huafon Aluminium Corp SHSE:601702
89 GF Score
Price ¥14.93
GF Value ¥22.74
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Shanghai Huafon Aluminium Days Payable?

Shanghai Huafon Aluminium SHSE:601702 +0.47% 89 Days Payable is 27.02 as of Mar. 2026, which is 9% above its 10-year median of 24.70. GuruFocus rates SHSE:601702 with a GF Score™ of 89/100 and a GF Value™ of ¥22.74 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,062 Metals & Mining companies, Shanghai Huafon Aluminium ranks worse than 90.49% on this metric.

Shanghai Huafon Aluminium's average Accounts Payable for the three months ended in Mar. 2026 was ¥756 Mil. Shanghai Huafon Aluminium's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,552 Mil. Hence, Shanghai Huafon Aluminium's Days Payable for the three months ended in Mar. 2026 was 27.02.

The historical rank and industry rank for Shanghai Huafon Aluminium's Days Payable or its related term are showing as below:

SHSE:601702' s Days Payable Range Over the Past 10 Years
Min: 14.04   Med: 24.7   Max: 33.99
Current: 22.13

During the past 11 years, Shanghai Huafon Aluminium's highest Days Payable was 33.99. The lowest was 14.04. And the median was 24.70.

SHSE:601702's Days Payable is ranked worse than
90.49% of 1062 companies
in the Metals & Mining industry
Industry Median: 126.885 vs SHSE:601702: 22.13

Shanghai Huafon Aluminium's Days Payable declined from Mar. 2025 (27.27) to Mar. 2026 (27.02). It may suggest that Shanghai Huafon Aluminium accelerated paying its suppliers.


Shanghai Huafon Aluminium Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Huafon Aluminium'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 Huafon Aluminium Days Payable Chart

Shanghai Huafon Aluminium 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 16.22 14.04 18.08 24.55 24.28

Shanghai Huafon Aluminium 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 27.27 22.87 17.51 17.30 27.02

SHSE:601702 vs AA: Days Payable Comparison

For the Aluminum subindustry, Shanghai Huafon Aluminium'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 Huafon Aluminium Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Huafon Aluminium's Days Payable falls into.


SHSE:601702
89GF Score
Shanghai Huafon Aluminium Corp SHSE:601702
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Huafon Aluminium 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 Huafon Aluminium'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
=( (761.367 + 672.208) / 2 ) / 10774.899*365
=716.7875 / 10774.899*365
=24.28

Shanghai Huafon Aluminium'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
=( (672.208 + 839.426) / 2 ) / 2552.445*365 / 4
=755.817 / 2552.445*365 / 4
=27.02

* 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 27.02 mean?
Shanghai Huafon Aluminium (SHSE:601702) has a Days Payable of 27.02 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 Huafon Aluminium and its competitors. This is near median its historical median of 24.70. Over the past decade, Shanghai Huafon Aluminium's Days Payable has ranged from 14.04 to 33.99. According to the industry distribution chart, Shanghai Huafon Aluminium ranks #961 out of 1062 companies in the Metals & Mining industry, placing it in the top 90.5%.
Is Shanghai Huafon Aluminium's Days Payable too high?
Shanghai Huafon Aluminium's current Days Payable of 27.02 is near median its 10-year median of 24.70. Over the past 10 years, this metric has ranged from a low of 14.04 to a high of 33.99. The Metals & Mining industry median Days Payable is 126.89. Shanghai Huafon Aluminium's value of 27.02 is 78.7% below this industry median. Based on the distribution chart, Shanghai Huafon Aluminium ranks #961 out of 1062 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Shanghai Huafon Aluminium has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huafon Aluminium's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Shanghai Huafon Aluminium ranks #961 out of 1062 companies for Days Payable. This places Shanghai Huafon Aluminium in the lower half of its industry. The industry median Days Payable is 126.89. Shanghai Huafon Aluminium's value of 27.02 is 78.7% below this benchmark. Historically, Shanghai Huafon Aluminium's own Days Payable has ranged from 14.04 to 33.99 over the past decade. While the company's 10-year median is 24.70 vs. the industry median of 126.89, Shanghai Huafon Aluminium 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,062 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 Huafon Aluminium's current Days Payable of 27.02 is 78.7% 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 Shanghai Huafon Aluminium and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Huafon Aluminium's current Days Payable is 27.02, which is near median its own 10-year median of 24.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huafon Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium (SHSE:601702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.74, compared to a current price of ¥14.93 — trading 34.3% below its estimated fair value. The current Days Payable is 27.02, which is near median its 10-year median of 24.70 and 78.7% below the Metals & Mining industry median of 126.89. Shanghai Huafon Aluminium's overall GF Score™ is 89/100 with 3 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 Huafon Aluminium (SHSE:601702), the current Days Payable is 27.02 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 Huafon Aluminium (SHSE:601702) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Huafon Aluminium stock appears to be undervalued. The current stock price of ¥14.93 is trading 34.3% below its estimated GF Value™ of ¥22.74. GuruFocus considers Shanghai Huafon Aluminium to be Possible Value Trap.

Key valuation signals for SHSE:601702:

  • Days Payable: 27.02 (near median its 10-year median of 24.70)
  • GF Value™: ¥22.74 vs. price of ¥14.93 (34.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 78.7% below the Metals & Mining median (#961 of 1062)

No single metric tells the full story. See the SHSE:601702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Huafon Aluminium Business Description

Address 1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.
89GF Score

Get the complete analysis for SHSE:601702

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

¥14.93
Price
¥22.74
GF Value