Sanwei Holding Group Co (SHSE:603033) Days Payable: 125.59 (As of Mar. 2026) — 32% Above Median

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SHSE:603033 Sanwei Holding Group Co Ltd SHSE:603033
61 GF Score
Price ¥7.71
GF Value ¥15.65
Valuation Possible Value Trap
! 6 Warning Signs
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What is Sanwei Holding Group Co Days Payable?

Sanwei Holding Group Co SHSE:603033 +1.85% 61 Days Payable is 125.59 as of Mar. 2026, which is 32% above its 10-year median of 94.93. GuruFocus rates SHSE:603033 with a GF Score™ of 61/100 and a GF Value™ of ¥15.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Sanwei Holding Group Co ranks better than 67.7% on this metric.

Sanwei Holding Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,627 Mil. Sanwei Holding Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,182 Mil. Hence, Sanwei Holding Group Co's Days Payable for the three months ended in Mar. 2026 was 125.59.

The historical rank and industry rank for Sanwei Holding Group Co's Days Payable or its related term are showing as below:

SHSE:603033' s Days Payable Range Over the Past 10 Years
Min: 64.84   Med: 94.93   Max: 130.87
Current: 120.47

During the past 13 years, Sanwei Holding Group Co's highest Days Payable was 130.87. The lowest was 64.84. And the median was 94.93.

SHSE:603033's Days Payable is ranked better than
67.7% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:603033: 120.47

Sanwei Holding Group Co's Days Payable declined from Mar. 2025 (146.92) to Mar. 2026 (125.59). It may suggest that Sanwei Holding Group Co accelerated paying its suppliers.


Sanwei Holding Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sanwei Holding Group 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.

Sanwei Holding Group Co Days Payable Chart

Sanwei Holding Group 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 64.84 68.66 123.84 123.45 129.00

Sanwei Holding Group 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 146.92 124.94 122.65 108.05 125.59

SHSE:603033 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Sanwei Holding Group 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.


Sanwei Holding Group Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanwei Holding Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sanwei Holding Group Co's Days Payable falls into.


SHSE:603033
61GF Score
Sanwei Holding Group Co Ltd SHSE:603033
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanwei Holding Group 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.

Sanwei Holding Group 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
=( (1656.924 + 1567.46) / 2 ) / 4561.701*365
=1612.192 / 4561.701*365
=129.00

Sanwei Holding Group 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
=( (1567.46 + 1686.369) / 2 ) / 1182.1*365 / 4
=1626.9145 / 1182.1*365 / 4
=125.59

* 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 125.59 mean?
Sanwei Holding Group Co (SHSE:603033) has a Days Payable of 125.59 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 Sanwei Holding Group Co and its competitors. This is 32% above median its historical median of 94.93. Over the past decade, Sanwei Holding Group Co's Days Payable has ranged from 64.84 to 130.87. According to the industry distribution chart, Sanwei Holding Group Co ranks #967 out of 2994 companies in the Industrial Products industry, placing it in the top 32.3%.
Is Sanwei Holding Group Co's Days Payable too high?
Sanwei Holding Group Co's current Days Payable of 125.59 is 32% above median its 10-year median of 94.93. Over the past 10 years, this metric has ranged from a low of 64.84 to a high of 130.87. The Industrial Products industry median Days Payable is 78.07. Sanwei Holding Group Co's value of 125.59 is 60.9% above this industry median. Based on the distribution chart, Sanwei Holding Group Co ranks #967 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sanwei Holding Group Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sanwei Holding Group Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sanwei Holding Group Co ranks #967 out of 2994 companies for Days Payable. This puts Sanwei Holding Group Co in the upper half of its industry. The industry median Days Payable is 78.07. Sanwei Holding Group Co's value of 125.59 is 60.9% above this benchmark. Historically, Sanwei Holding Group Co's own Days Payable has ranged from 64.84 to 130.87 over the past decade. While the company's 10-year median is 94.93 vs. the industry median of 78.07, Sanwei Holding Group 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. Sanwei Holding Group Co's current Days Payable of 125.59 is 60.9% 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 Sanwei Holding Group 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. Sanwei Holding Group Co's current Days Payable is 125.59, which is 32% above median its own 10-year median of 94.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanwei Holding Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sanwei Holding Group Co (SHSE:603033) is currently considered Possible Value Trap. The stock's GF Value™ is ¥15.65, compared to a current price of ¥7.71 — trading 50.7% below its estimated fair value. The current Days Payable is 125.59, which is 32% above median its 10-year median of 94.93 and 60.9% above the Industrial Products industry median of 78.07. Sanwei Holding Group Co's overall GF Score™ is 61/100 with 6 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 Sanwei Holding Group Co (SHSE:603033), the current Days Payable is 125.59 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 Sanwei Holding Group Co (SHSE:603033) Overvalued in 2026?

Based on GuruFocus' analysis, Sanwei Holding Group Co stock appears to be undervalued. The current stock price of ¥7.71 is trading 50.7% below its estimated GF Value™ of ¥15.65. GuruFocus considers Sanwei Holding Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603033:

  • Days Payable: 125.59 (32% above median its 10-year median of 94.93)
  • GF Value™: ¥15.65 vs. price of ¥7.71 (50.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 60.9% above the Industrial Products median (#967 of 2994)

No single metric tells the full story. See the SHSE:603033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanwei Holding Group Co Business Description

Address Haiyou Street, Xiapeng Village, Sanmen County, Zhejiang Province, Taizhou, CHN, 317100
Sanwei Holding Group Co Ltd formerly Zhejiang Sanwei Rubber Item Co Ltd manufactures and sells conveyor belt and v belt products for bulk materials and various industrial applications. The company designs, produces, and sells conveyor belt and belt products constructed from polyester, polyester cotton, nylon, and other fabrics. The company offers EP conveyor belts, NN conveyor belts, steel cord conveyor belts, flame retardant conveyor belts, high temperature resistant conveyor belts, chevron conveyor belts, cold resistant conveyor belts, rubber v belts, raw edge cogged v belts, banded v belts, agricultural v belts, motor v belts, variable speed v belts.
61GF Score

Get the complete analysis for SHSE:603033

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

¥7.71
Price
¥15.65
GF Value