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Shandong Huapeng Glass CoSHSE:603021 -3.39%34 Days Payable is 185.77 as of Mar. 2026, which is 13% below its 10-year median of 212.34. GuruFocus rates SHSE:603021 with a GF Score™ of 34/100 and a GF Value™ of ¥3.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 383 Packaging & Containers companies, Shandong Huapeng Glass Co ranks better than 95.04% on this metric.
The historical rank and industry rank for Shandong Huapeng Glass Co's Days Payable or its related term are showing as below:
SHSE:603021'
s Days Payable Range Over the Past 10 Years
Min: 191.02 Med: 212.34 Max: 324.34
Current: 196.46
During the past 13 years, Shandong Huapeng Glass Co's highest Days Payable was 324.34. The lowest was 191.02. And the median was 212.34.
SHSE:603021's Days Payable is ranked better than 95.04% of 383
companies
in the Packaging & Containers industry
Industry Median: 57.26
vs SHSE:603021: 196.46
* 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.
SHSE:603021 vs SW, PKG, IP: Days Payable Comparison
For the Packaging & Containers subindustry, Shandong Huapeng Glass 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 Huapeng Glass Co Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Huapeng Glass Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shandong Huapeng Glass Co's Days Payable falls into.
Shandong Huapeng Glass 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 Huapeng Glass Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Huapeng Glass Co (SHSE:603021) has a Days Payable of 185.77 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 Huapeng Glass Co and its competitors. This is 13% below median its historical median of 212.34. Over the past decade, Shandong Huapeng Glass Co's Days Payable has ranged from 191.02 to 324.34. According to the industry distribution chart, Shandong Huapeng Glass Co ranks #19 out of 383 companies in the Packaging & Containers industry, placing it in the top 5%.
Is Shandong Huapeng Glass Co's Days Payable too high?
Shandong Huapeng Glass Co's current Days Payable of 185.77 is 13% below median its 10-year median of 212.34. Over the past 10 years, this metric has ranged from a low of 191.02 to a high of 324.34. The Packaging & Containers industry median Days Payable is 57.26. Shandong Huapeng Glass Co's value of 185.77 is 224.4% above this industry median. Based on the distribution chart, Shandong Huapeng Glass Co ranks #19 out of 383 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Huapeng Glass Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Huapeng Glass Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shandong Huapeng Glass Co ranks #19 out of 383 companies for Days Payable. This places Shandong Huapeng Glass Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.26. Shandong Huapeng Glass Co's value of 185.77 is 224.4% above this benchmark. Historically, Shandong Huapeng Glass Co's own Days Payable has ranged from 191.02 to 324.34 over the past decade. While the company's 10-year median is 212.34 vs. the industry median of 57.26, Shandong Huapeng Glass 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 57.26, based on 383 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 Huapeng Glass Co's current Days Payable of 185.77 is 224.4% 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 Huapeng Glass Co and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Huapeng Glass Co's current Days Payable is 185.77, which is 13% below median its own 10-year median of 212.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Huapeng Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Huapeng Glass Co (SHSE:603021) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.08, compared to a current price of ¥6.55 — trading 112.7% above its estimated fair value. The current Days Payable is 185.77, which is 13% below median its 10-year median of 212.34 and 224.4% above the Packaging & Containers industry median of 57.26. Shandong Huapeng Glass Co's overall GF Score™ is 34/100 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 Shandong Huapeng Glass Co (SHSE:603021), the current Days Payable is 185.77 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 Huapeng Glass Co (SHSE:603021) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Huapeng Glass Co stock appears to be overvalued.
The current stock price of ¥6.55 is trading 112.7% above its estimated GF Value™ of ¥3.08.
GuruFocus considers Shandong Huapeng Glass Co to be Significantly Overvalued.
Key valuation signals for SHSE:603021:
Days Payable: 185.77 (13% below median its 10-year median of 212.34)
GF Value™: ¥3.08 vs. price of ¥6.55 (112.7% above fair value)
Industry Position: 224.4% above the Packaging & Containers median (#19 of 383)
No single metric tells the full story. See the SHSE:603021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Huapeng Glass Co Ltd develops, produces, and sells various glassware products and glass bottles in China. It manufactures pressed and blown glass. The company produces medium and top-grade glassware and glass bottles.
34GF Score
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