Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) Days Payable: 202.99 (As of Mar. 2026) — 147% Above Median

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SHSE:603168 Zhejiang Shapuaisi Pharmaceutical Co Ltd SHSE:603168
37 GF Score
Price ¥5.02
GF Value ¥8.79
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Zhejiang Shapuaisi Pharmaceutical Co Days Payable?

Zhejiang Shapuaisi Pharmaceutical Co SHSE:603168 -5.28% 37 Days Payable is 202.99 as of Mar. 2026, which is 147% above its 10-year median of 82.22. GuruFocus rates SHSE:603168 with a GF Score™ of 37/100 and a GF Value™ of ¥8.79 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 927 Drug Manufacturers companies, Zhejiang Shapuaisi Pharmaceutical Co ranks better than 80.47% on this metric.

Zhejiang Shapuaisi Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥107.9 Mil. Zhejiang Shapuaisi Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥48.5 Mil. Hence, Zhejiang Shapuaisi Pharmaceutical Co's Days Payable for the three months ended in Mar. 2026 was 202.99.

The historical rank and industry rank for Zhejiang Shapuaisi Pharmaceutical Co's Days Payable or its related term are showing as below:

SHSE:603168' s Days Payable Range Over the Past 10 Years
Min: 44.19   Med: 82.22   Max: 192.9
Current: 176.45

During the past 13 years, Zhejiang Shapuaisi Pharmaceutical Co's highest Days Payable was 192.90. The lowest was 44.19. And the median was 82.22.

SHSE:603168's Days Payable is ranked better than
80.47% of 927 companies
in the Drug Manufacturers industry
Industry Median: 90.38 vs SHSE:603168: 176.45

Zhejiang Shapuaisi Pharmaceutical Co's Days Payable declined from Mar. 2025 (302.44) to Mar. 2026 (202.99). It may suggest that Zhejiang Shapuaisi Pharmaceutical Co accelerated paying its suppliers.


Zhejiang Shapuaisi Pharmaceutical Co Days Payable Related Terms


Zhejiang Shapuaisi Pharmaceutical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Shapuaisi Pharmaceutical 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.

Zhejiang Shapuaisi Pharmaceutical Co Days Payable Chart

Zhejiang Shapuaisi Pharmaceutical 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 48.58 85.51 131.10 192.90 187.72

Zhejiang Shapuaisi Pharmaceutical 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 302.44 247.87 169.65 128.35 202.99

SHSE:603168 vs ZTS, UTHR: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Shapuaisi Pharmaceutical 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.


Zhejiang Shapuaisi Pharmaceutical Co Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Shapuaisi Pharmaceutical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Shapuaisi Pharmaceutical Co's Days Payable falls into.


SHSE:603168
37GF Score
Zhejiang Shapuaisi Pharmaceutical Co Ltd SHSE:603168
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Shapuaisi Pharmaceutical 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.

Zhejiang Shapuaisi Pharmaceutical 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
=( (137.04 + 120.195) / 2 ) / 250.078*365
=128.6175 / 250.078*365
=187.72

Zhejiang Shapuaisi Pharmaceutical 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
=( (120.195 + 95.509) / 2 ) / 48.483*365 / 4
=107.852 / 48.483*365 / 4
=202.99

* 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 202.99 mean?
Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) has a Days Payable of 202.99 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 Zhejiang Shapuaisi Pharmaceutical Co and its competitors. This is 147% above median its historical median of 82.22. Over the past decade, Zhejiang Shapuaisi Pharmaceutical Co's Days Payable has ranged from 44.19 to 192.90. According to the industry distribution chart, Zhejiang Shapuaisi Pharmaceutical Co ranks #181 out of 927 companies in the Drug Manufacturers industry, placing it in the top 19.5%.
Is Zhejiang Shapuaisi Pharmaceutical Co's Days Payable too high?
Zhejiang Shapuaisi Pharmaceutical Co's current Days Payable of 202.99 is 147% above median its 10-year median of 82.22. Over the past 10 years, this metric has ranged from a low of 44.19 to a high of 192.90. The Drug Manufacturers industry median Days Payable is 90.38. Zhejiang Shapuaisi Pharmaceutical Co's value of 202.99 is 124.6% above this industry median. Based on the distribution chart, Zhejiang Shapuaisi Pharmaceutical Co ranks #181 out of 927 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Shapuaisi Pharmaceutical Co has a GF Score™ of 37/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shapuaisi Pharmaceutical Co's Days Payable compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Zhejiang Shapuaisi Pharmaceutical Co ranks #181 out of 927 companies for Days Payable. This places Zhejiang Shapuaisi Pharmaceutical Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 90.38. Zhejiang Shapuaisi Pharmaceutical Co's value of 202.99 is 124.6% above this benchmark. Historically, Zhejiang Shapuaisi Pharmaceutical Co's own Days Payable has ranged from 44.19 to 192.90 over the past decade. While the company's 10-year median is 82.22 vs. the industry median of 90.38, Zhejiang Shapuaisi Pharmaceutical 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.38, based on 927 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. Zhejiang Shapuaisi Pharmaceutical Co's current Days Payable of 202.99 is 124.6% 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 Zhejiang Shapuaisi Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Shapuaisi Pharmaceutical Co's current Days Payable is 202.99, which is 147% above median its own 10-year median of 82.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shapuaisi Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥8.79, compared to a current price of ¥5.02 — trading 42.9% below its estimated fair value. The current Days Payable is 202.99, which is 147% above median its 10-year median of 82.22 and 124.6% above the Drug Manufacturers industry median of 90.38. Zhejiang Shapuaisi Pharmaceutical Co's overall GF Score™ is 37/100 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 Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168), the current Days Payable is 202.99 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 Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shapuaisi Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥5.02 is trading 42.9% below its estimated GF Value™ of ¥8.79. GuruFocus considers Zhejiang Shapuaisi Pharmaceutical Co to be Significantly Undervalued.

Key valuation signals for SHSE:603168:

  • Days Payable: 202.99 (147% above median its 10-year median of 82.22)
  • GF Value™: ¥8.79 vs. price of ¥5.02 (42.9% below fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 124.6% above the Drug Manufacturers median (#181 of 927)

No single metric tells the full story. See the SHSE:603168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Shapuaisi Pharmaceutical Co Business Description

Address No. 1588 Xinming Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Zhejiang Shapuaisi Pharmaceutical Co Ltd is a China based pharmaceutical company. It is engaged in drug research and development, production and operation. The product portfolio of the company includes oral solutions, eye drops, tablets, hard capsules, suppositories, granules, raw materials dosage forms such as medicines, rinsing agent and mixture, and others. The company operates pharmaceutical manufacturing companies, pharmaceutical sales company, pharmaceutical retail company and pharmaceutical research institute. The products offered by the company are sold in China and are also exported to the other countries.
37GF Score

Get the complete analysis for SHSE:603168

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

¥5.02
Price
¥8.79
GF Value