ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Days Payable: 206.34 (As of Mar. 2026) — 10% Above Median

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SHSE:603029 ShanDong Swan Cotton Industrial Machinery Stock Co Ltd SHSE:603029
70 GF Score
Price ¥14.27
GF Value ¥24.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is ShanDong Swan Cotton Industrial Machinery Stock Co Days Payable?

ShanDong Swan Cotton Industrial Machinery Stock Co SHSE:603029 +1.28% 70 Days Payable is 206.34 as of Mar. 2026, which is 10% above its 10-year median of 187.03. GuruFocus rates SHSE:603029 with a GF Score™ of 70/100 and a GF Value™ of ¥24.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, ShanDong Swan Cotton Industrial Machinery Stock Co ranks better than 73.51% on this metric.

ShanDong Swan Cotton Industrial Machinery Stock Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥299 Mil. ShanDong Swan Cotton Industrial Machinery Stock Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥132 Mil. Hence, ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable for the three months ended in Mar. 2026 was 206.34.

The historical rank and industry rank for ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable or its related term are showing as below:

SHSE:603029' s Days Payable Range Over the Past 10 Years
Min: 108.73   Med: 187.03   Max: 277.28
Current: 140.12

During the past 13 years, ShanDong Swan Cotton Industrial Machinery Stock Co's highest Days Payable was 277.28. The lowest was 108.73. And the median was 187.03.

SHSE:603029's Days Payable is ranked better than
73.51% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:603029: 140.12

ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable declined from Mar. 2025 (257.76) to Mar. 2026 (206.34). It may suggest that ShanDong Swan Cotton Industrial Machinery Stock Co accelerated paying its suppliers.


ShanDong Swan Cotton Industrial Machinery Stock Co Days Payable Related Terms


ShanDong Swan Cotton Industrial Machinery Stock Co Days Payable Historical Data

* Premium members only.

The historical data trend for ShanDong Swan Cotton Industrial Machinery Stock 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.

ShanDong Swan Cotton Industrial Machinery Stock Co Days Payable Chart

ShanDong Swan Cotton Industrial Machinery Stock 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 108.73 153.93 183.16 190.89 178.44

ShanDong Swan Cotton Industrial Machinery Stock 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 257.76 147.03 140.30 120.88 206.34

SHSE:603029 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, ShanDong Swan Cotton Industrial Machinery Stock 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 Swan Cotton Industrial Machinery Stock Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable falls into.


SHSE:603029
70GF Score
ShanDong Swan Cotton Industrial Machinery Stock Co Ltd SHSE:603029
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ShanDong Swan Cotton Industrial Machinery Stock 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 Swan Cotton Industrial Machinery Stock 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
=( (307.468 + 343.411) / 2 ) / 665.681*365
=325.4395 / 665.681*365
=178.44

ShanDong Swan Cotton Industrial Machinery Stock 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
=( (343.411 + 255.133) / 2 ) / 132.347*365 / 4
=299.272 / 132.347*365 / 4
=206.34

* 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 206.34 mean?
ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) has a Days Payable of 206.34 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 Swan Cotton Industrial Machinery Stock Co and its competitors. This is 10% above median its historical median of 187.03. Over the past decade, ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable has ranged from 108.73 to 277.28. According to the industry distribution chart, ShanDong Swan Cotton Industrial Machinery Stock Co ranks #793 out of 2994 companies in the Industrial Products industry, placing it in the top 26.5%.
Is ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable too high?
ShanDong Swan Cotton Industrial Machinery Stock Co's current Days Payable of 206.34 is 10% above median its 10-year median of 187.03. Over the past 10 years, this metric has ranged from a low of 108.73 to a high of 277.28. The Industrial Products industry median Days Payable is 78.07. ShanDong Swan Cotton Industrial Machinery Stock Co's value of 206.34 is 164.3% above this industry median. Based on the distribution chart, ShanDong Swan Cotton Industrial Machinery Stock Co ranks #793 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ShanDong Swan Cotton Industrial Machinery Stock Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ShanDong Swan Cotton Industrial Machinery Stock Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ShanDong Swan Cotton Industrial Machinery Stock Co ranks #793 out of 2994 companies for Days Payable. This puts ShanDong Swan Cotton Industrial Machinery Stock Co in the upper half of its industry. The industry median Days Payable is 78.07. ShanDong Swan Cotton Industrial Machinery Stock Co's value of 206.34 is 164.3% above this benchmark. Historically, ShanDong Swan Cotton Industrial Machinery Stock Co's own Days Payable has ranged from 108.73 to 277.28 over the past decade. While the company's 10-year median is 187.03 vs. the industry median of 78.07, ShanDong Swan Cotton Industrial Machinery Stock 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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 Swan Cotton Industrial Machinery Stock Co's current Days Payable of 206.34 is 164.3% 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 Swan Cotton Industrial Machinery Stock Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShanDong Swan Cotton Industrial Machinery Stock Co's current Days Payable is 206.34, which is 10% above median its own 10-year median of 187.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShanDong Swan Cotton Industrial Machinery Stock Co stock overvalued right now?
Based on GuruFocus' analysis, ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥24.23, compared to a current price of ¥14.27 — trading 41.1% below its estimated fair value. The current Days Payable is 206.34, which is 10% above median its 10-year median of 187.03 and 164.3% above the Industrial Products industry median of 78.07. ShanDong Swan Cotton Industrial Machinery Stock Co's overall GF Score™ is 70/100 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 ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029), the current Days Payable is 206.34 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 Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Overvalued in 2026?

Based on GuruFocus' analysis, ShanDong Swan Cotton Industrial Machinery Stock Co stock appears to be undervalued. The current stock price of ¥14.27 is trading 41.1% below its estimated GF Value™ of ¥24.23. GuruFocus considers ShanDong Swan Cotton Industrial Machinery Stock Co to be Significantly Undervalued.

Key valuation signals for SHSE:603029:

  • Days Payable: 206.34 (10% above median its 10-year median of 187.03)
  • GF Value™: ¥24.23 vs. price of ¥14.27 (41.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 164.3% above the Industrial Products median (#793 of 2994)

No single metric tells the full story. See the SHSE:603029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ShanDong Swan Cotton Industrial Machinery Stock Co Business Description

Address NO.99, East Road of Dawei Village, Tianqiao District, Jinan, CHN, 250032
ShanDong Swan Cotton Industrial Machinery Stock Co Ltd is engaged in manufacturing cotton processing machinery. It also manufactures agriculture machinery. Its products can be divided into two categories: ginning equipment and stripping equipment. The ginning equipment mainly includes ginning machine, seed cotton cleaning machine, and lint cleaning machine. The stripping equipment mainly includes a stripping machine.
70GF Score

Get the complete analysis for SHSE:603029

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

¥14.27
Price
¥24.23
GF Value