Bohai Ferry Group Co (SHSE:603167) Days Payable: 11.37 (As of Mar. 2026) — 42% Below Median

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SHSE:603167 Bohai Ferry Group Co Ltd SHSE:603167
74 GF Score
Price ¥8.61
GF Value ¥9.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bohai Ferry Group Co Days Payable?

Bohai Ferry Group Co SHSE:603167 +0.12% 74 Days Payable is 11.37 as of Mar. 2026, which is 42% below its 10-year median of 19.73. GuruFocus rates SHSE:603167 with a GF Score™ of 74/100 and a GF Value™ of ¥9.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 968 Transportation companies, Bohai Ferry Group Co ranks worse than 90.5% on this metric.

Bohai Ferry Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥36 Mil. Bohai Ferry Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥286 Mil. Hence, Bohai Ferry Group Co's Days Payable for the three months ended in Mar. 2026 was 11.37.

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

SHSE:603167' s Days Payable Range Over the Past 10 Years
Min: 12.83   Med: 19.73   Max: 29.79
Current: 12.83

During the past 13 years, Bohai Ferry Group Co's highest Days Payable was 29.79. The lowest was 12.83. And the median was 19.73.

SHSE:603167's Days Payable is ranked worse than
90.5% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs SHSE:603167: 12.83

Bohai Ferry Group Co's Days Payable declined from Mar. 2025 (17.49) to Mar. 2026 (11.37). It may suggest that Bohai Ferry Group Co accelerated paying its suppliers.


Bohai Ferry Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Bohai Ferry 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.

Bohai Ferry Group Co Days Payable Chart

Bohai Ferry 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 19.76 29.79 24.55 14.94 13.09

Bohai Ferry 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 17.49 13.13 14.43 13.70 11.37

Bohai Ferry Group Co Days Payable Competitor Comparison

For the Marine Shipping subindustry, Bohai Ferry 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.


Bohai Ferry Group Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Bohai Ferry Group Co's Days Payable distribution charts can be found below:

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


SHSE:603167
74GF Score
Bohai Ferry Group Co Ltd SHSE:603167
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bohai Ferry 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.

Bohai Ferry 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
=( (64.344 + 32.181) / 2 ) / 1346.031*365
=48.2625 / 1346.031*365
=13.09

Bohai Ferry 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
=( (32.181 + 39.079) / 2 ) / 286.013*365 / 4
=35.63 / 286.013*365 / 4
=11.37

* 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 11.37 mean?
Bohai Ferry Group Co (SHSE:603167) has a Days Payable of 11.37 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 Bohai Ferry Group Co and its competitors. This is 42% below median its historical median of 19.73. Over the past decade, Bohai Ferry Group Co's Days Payable has ranged from 12.83 to 29.79. According to the industry distribution chart, Bohai Ferry Group Co ranks #876 out of 968 companies in the Transportation industry, placing it in the top 90.5%.
Is Bohai Ferry Group Co's Days Payable too high?
Bohai Ferry Group Co's current Days Payable of 11.37 is 42% below median its 10-year median of 19.73. Over the past 10 years, this metric has ranged from a low of 12.83 to a high of 29.79. The Transportation industry median Days Payable is 38.62. Bohai Ferry Group Co's value of 11.37 is 70.6% below this industry median. Based on the distribution chart, Bohai Ferry Group Co ranks #876 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bohai Ferry Group Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bohai Ferry Group Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Bohai Ferry Group Co ranks #876 out of 968 companies for Days Payable. This places Bohai Ferry Group Co in the lower half of its industry. The industry median Days Payable is 38.62. Bohai Ferry Group Co's value of 11.37 is 70.6% below this benchmark. Historically, Bohai Ferry Group Co's own Days Payable has ranged from 12.83 to 29.79 over the past decade. While the company's 10-year median is 19.73 vs. the industry median of 38.62, Bohai Ferry Group Co has consistently been below 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 968 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. Bohai Ferry Group Co's current Days Payable of 11.37 is 70.6% below 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 Bohai Ferry Group Co and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bohai Ferry Group Co's current Days Payable is 11.37, which is 42% below median its own 10-year median of 19.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bohai Ferry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Bohai Ferry Group Co (SHSE:603167) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.57, compared to a current price of ¥8.61 — trading 10% below its estimated fair value. The current Days Payable is 11.37, which is 42% below median its 10-year median of 19.73 and 70.6% below the Transportation industry median of 38.62. Bohai Ferry Group Co's overall GF Score™ is 74/100 with 2 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 Bohai Ferry Group Co (SHSE:603167), the current Days Payable is 11.37 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 Bohai Ferry Group Co (SHSE:603167) Overvalued in 2026?

Based on GuruFocus' analysis, Bohai Ferry Group Co stock appears to be undervalued. The current stock price of ¥8.61 is trading 10% below its estimated GF Value™ of ¥9.57. GuruFocus considers Bohai Ferry Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603167:

  • Days Payable: 11.37 (42% below median its 10-year median of 19.73)
  • GF Value™: ¥9.57 vs. price of ¥8.61 (10% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 70.6% below the Transportation median (#876 of 968)

No single metric tells the full story. See the SHSE:603167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bohai Ferry Group Co Business Description

Address No. 2 Huanhai Road, Zhifu District, Shandong Province, Yantai, CHN, 264000
Bohai Ferry Group Co Ltd is involved in the roll-on/roll-off (ro-ro) passenger transportation business. The company operates ro-ro passenger transportation business from Yantai to Dalian, Penglai to Dalian and Penglai to Lvshun.
74GF Score

Get the complete analysis for SHSE:603167

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

¥8.61
Price
¥9.57
GF Value