Shanghai Xintonglian Packing Co (SHSE:603022) Days Payable: 97.20 (As of Mar. 2026) — 29% Above Median

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SHSE:603022 Shanghai Xintonglian Packing Co Ltd SHSE:603022
75 GF Score
Price ¥9.05
GF Value ¥10.79
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Shanghai Xintonglian Packing Co Days Payable?

Shanghai Xintonglian Packing Co SHSE:603022 +0.89% 75 Days Payable is 97.20 as of Mar. 2026, which is 29% above its 10-year median of 75.15. GuruFocus rates SHSE:603022 with a GF Score™ of 75/100 and a GF Value™ of ¥10.79 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 389 Packaging & Containers companies, Shanghai Xintonglian Packing Co ranks better than 68.64% on this metric.

Shanghai Xintonglian Packing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥181.0 Mil. Shanghai Xintonglian Packing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥170.0 Mil. Hence, Shanghai Xintonglian Packing Co's Days Payable for the three months ended in Mar. 2026 was 97.20.

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

SHSE:603022' s Days Payable Range Over the Past 10 Years
Min: 71.28   Med: 75.15   Max: 90.08
Current: 83.86

During the past 13 years, Shanghai Xintonglian Packing Co's highest Days Payable was 90.08. The lowest was 71.28. And the median was 75.15.

SHSE:603022's Days Payable is ranked better than
68.64% of 389 companies
in the Packaging & Containers industry
Industry Median: 58.69 vs SHSE:603022: 83.86

Shanghai Xintonglian Packing Co's Days Payable increased from Mar. 2025 (94.21) to Mar. 2026 (97.20). It may suggest that Shanghai Xintonglian Packing Co delayed paying its suppliers.


Shanghai Xintonglian Packing Co Days Payable Related Terms


Shanghai Xintonglian Packing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Xintonglian Packing 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 Xintonglian Packing Co Days Payable Chart

Shanghai Xintonglian Packing 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 71.61 71.28 72.26 80.20 80.52

Shanghai Xintonglian Packing 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 94.21 78.26 83.44 79.68 97.20

SHSE:603022 vs SW, PKG, IP: Days Payable Comparison

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

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

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


SHSE:603022
75GF Score
Shanghai Xintonglian Packing Co Ltd SHSE:603022
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Xintonglian Packing 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 Xintonglian Packing 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
=( (171.859 + 175.117) / 2 ) / 786.43*365
=173.488 / 786.43*365
=80.52

Shanghai Xintonglian Packing 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
=( (175.117 + 186.943) / 2 ) / 169.954*365 / 4
=181.03 / 169.954*365 / 4
=97.20

* 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 97.20 mean?
Shanghai Xintonglian Packing Co (SHSE:603022) has a Days Payable of 97.20 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 Xintonglian Packing Co and its competitors. This is 29% above median its historical median of 75.15. Over the past decade, Shanghai Xintonglian Packing Co's Days Payable has ranged from 71.28 to 90.08. According to the industry distribution chart, Shanghai Xintonglian Packing Co ranks #122 out of 389 companies in the Packaging & Containers industry, placing it in the top 31.4%.
Is Shanghai Xintonglian Packing Co's Days Payable too high?
Shanghai Xintonglian Packing Co's current Days Payable of 97.20 is 29% above median its 10-year median of 75.15. Over the past 10 years, this metric has ranged from a low of 71.28 to a high of 90.08. The Packaging & Containers industry median Days Payable is 58.69. Shanghai Xintonglian Packing Co's value of 97.20 is 65.6% above this industry median. Based on the distribution chart, Shanghai Xintonglian Packing Co ranks #122 out of 389 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Shanghai Xintonglian Packing Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Xintonglian Packing Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shanghai Xintonglian Packing Co ranks #122 out of 389 companies for Days Payable. This puts Shanghai Xintonglian Packing Co in the upper half of its industry. The industry median Days Payable is 58.69. Shanghai Xintonglian Packing Co's value of 97.20 is 65.6% above this benchmark. Historically, Shanghai Xintonglian Packing Co's own Days Payable has ranged from 71.28 to 90.08 over the past decade. While the company's 10-year median is 75.15 vs. the industry median of 58.69, Shanghai Xintonglian Packing 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 58.69, based on 389 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 Xintonglian Packing Co's current Days Payable of 97.20 is 65.6% 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 Xintonglian Packing Co and its competitors. For the Packaging & Containers industry, the median Days Payable is 58.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Xintonglian Packing Co's current Days Payable is 97.20, which is 29% above median its own 10-year median of 75.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Xintonglian Packing Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Xintonglian Packing Co (SHSE:603022) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.79, compared to a current price of ¥9.05 — trading 16.1% below its estimated fair value. The current Days Payable is 97.20, which is 29% above median its 10-year median of 75.15 and 65.6% above the Packaging & Containers industry median of 58.69. Shanghai Xintonglian Packing Co's overall GF Score™ is 75/100 with 1 warning sign 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 Xintonglian Packing Co (SHSE:603022), the current Days Payable is 97.20 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 Xintonglian Packing Co (SHSE:603022) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Xintonglian Packing Co stock appears to be undervalued. The current stock price of ¥9.05 is trading 16.1% below its estimated GF Value™ of ¥10.79. GuruFocus considers Shanghai Xintonglian Packing Co to be Modestly Undervalued.

Key valuation signals for SHSE:603022:

  • Days Payable: 97.20 (29% above median its 10-year median of 75.15)
  • GF Value™: ¥10.79 vs. price of ¥9.05 (16.1% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 65.6% above the Packaging & Containers median (#122 of 389)

No single metric tells the full story. See the SHSE:603022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Xintonglian Packing Co Business Description

Address No. 15, Lane 118, Yonghe Road, Jing'an District, Shanghai, CHN, 200072
Shanghai Xintonglian Packing Co Ltd is engaged in the research and development, design of packaging products, packaging solutions and testing of packaging products, manufacturing and production of packaging products, customer on-site packaging services, and warehouse management. Its packaging solution includes wood packaging, paper packaging, plastic packaging, iron packaging, paper packaging.
75GF Score

Get the complete analysis for SHSE:603022

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

¥9.05
Price
¥10.79
GF Value