Shanghai Baosteel Packaging Co (SHSE:601968) Days Payable: 145.31 (As of Mar. 2026) — Near Median

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SHSE:601968 Shanghai Baosteel Packaging Co Ltd SHSE:601968
60 GF Score
Price ¥4.16
GF Value ¥5.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shanghai Baosteel Packaging Co Days Payable?

Shanghai Baosteel Packaging Co SHSE:601968 -2.80% 60 Days Payable is 145.31 as of Mar. 2026, which is 3% above its 10-year median of 141.24. GuruFocus rates SHSE:601968 with a GF Score™ of 60/100 and a GF Value™ of ¥5.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 382 Packaging & Containers companies, Shanghai Baosteel Packaging Co ranks better than 91.1% on this metric.

Shanghai Baosteel Packaging Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,617 Mil. Shanghai Baosteel Packaging Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,271 Mil. Hence, Shanghai Baosteel Packaging Co's Days Payable for the three months ended in Mar. 2026 was 145.31.

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

SHSE:601968' s Days Payable Range Over the Past 10 Years
Min: 99.97   Med: 141.24   Max: 156.18
Current: 145.73

During the past 13 years, Shanghai Baosteel Packaging Co's highest Days Payable was 156.18. The lowest was 99.97. And the median was 141.24.

SHSE:601968's Days Payable is ranked better than
91.1% of 382 companies
in the Packaging & Containers industry
Industry Median: 57.265 vs SHSE:601968: 145.73

Shanghai Baosteel Packaging Co's Days Payable declined from Mar. 2025 (162.93) to Mar. 2026 (145.31). It may suggest that Shanghai Baosteel Packaging Co accelerated paying its suppliers.


Shanghai Baosteel Packaging Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Baosteel Packaging 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.

Shanghai Baosteel Packaging Co Days Payable Chart

Shanghai Baosteel Packaging 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 156.18 142.71 139.77 144.92 155.45

Shanghai Baosteel Packaging 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 162.93 138.00 141.97 154.43 145.31

SHSE:601968 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Shanghai Baosteel Packaging 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 Baosteel Packaging Co Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Baosteel Packaging Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Baosteel Packaging Co's Days Payable falls into.


SHSE:601968
60GF Score
Shanghai Baosteel Packaging Co Ltd SHSE:601968
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Baosteel Packaging 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.

Shanghai Baosteel Packaging 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
=( (3467.401 + 3439.969) / 2 ) / 8109.257*365
=3453.685 / 8109.257*365
=155.45

Shanghai Baosteel Packaging 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
=( (3439.969 + 3794.427) / 2 ) / 2271.483*365 / 4
=3617.198 / 2271.483*365 / 4
=145.31

* 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 145.31 mean?
Shanghai Baosteel Packaging Co (SHSE:601968) has a Days Payable of 145.31 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 Baosteel Packaging Co and its competitors. This is near median its historical median of 141.24. Over the past decade, Shanghai Baosteel Packaging Co's Days Payable has ranged from 99.97 to 156.18. According to the industry distribution chart, Shanghai Baosteel Packaging Co ranks #34 out of 382 companies in the Packaging & Containers industry, placing it in the top 8.9%.
Is Shanghai Baosteel Packaging Co's Days Payable too high?
Shanghai Baosteel Packaging Co's current Days Payable of 145.31 is near median its 10-year median of 141.24. Over the past 10 years, this metric has ranged from a low of 99.97 to a high of 156.18. The Packaging & Containers industry median Days Payable is 57.27. Shanghai Baosteel Packaging Co's value of 145.31 is 153.8% above this industry median. Based on the distribution chart, Shanghai Baosteel Packaging Co ranks #34 out of 382 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Baosteel Packaging Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baosteel Packaging Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shanghai Baosteel Packaging Co ranks #34 out of 382 companies for Days Payable. This places Shanghai Baosteel Packaging Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.27. Shanghai Baosteel Packaging Co's value of 145.31 is 153.8% above this benchmark. Historically, Shanghai Baosteel Packaging Co's own Days Payable has ranged from 99.97 to 156.18 over the past decade. While the company's 10-year median is 141.24 vs. the industry median of 57.27, Shanghai Baosteel Packaging 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 382 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 Baosteel Packaging Co's current Days Payable of 145.31 is 153.8% 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 Baosteel Packaging Co and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Baosteel Packaging Co's current Days Payable is 145.31, which is near median its own 10-year median of 141.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baosteel Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baosteel Packaging Co (SHSE:601968) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.80, compared to a current price of ¥4.16 — trading 28.3% below its estimated fair value. The current Days Payable is 145.31, which is near median its 10-year median of 141.24 and 153.8% above the Packaging & Containers industry median of 57.27. Shanghai Baosteel Packaging Co's overall GF Score™ is 60/100 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 Shanghai Baosteel Packaging Co (SHSE:601968), the current Days Payable is 145.31 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 Baosteel Packaging Co (SHSE:601968) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Baosteel Packaging Co stock appears to be undervalued. The current stock price of ¥4.16 is trading 28.3% below its estimated GF Value™ of ¥5.80. GuruFocus considers Shanghai Baosteel Packaging Co to be Modestly Undervalued.

Key valuation signals for SHSE:601968:

  • Days Payable: 145.31 (near median its 10-year median of 141.24)
  • GF Value™: ¥5.80 vs. price of ¥4.16 (28.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 153.8% above the Packaging & Containers median (#34 of 382)

No single metric tells the full story. See the SHSE:601968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Baosteel Packaging Co Business Description

Address No. 1818, LuoDong Road, Baoshan, Shanghai, CHN
Shanghai Baosteel Packaging Co Ltd is engaged in metal decorating, can-making, and Eoe-making business.
60GF Score

Get the complete analysis for SHSE:601968

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

¥4.16
Price
¥5.80
GF Value