Xingtong Shipping Co (SHSE:603209) Days Payable: 109.38 (As of Mar. 2026) — 169% Above Median

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SHSE:603209 Xingtong Shipping Co Ltd SHSE:603209
89 GF Score
Price ¥13.13
GF Value ¥17.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Xingtong Shipping Co Days Payable?

Xingtong Shipping Co SHSE:603209 +2.82% 89 Days Payable is 109.38 as of Mar. 2026, which is 169% above its 10-year median of 40.64. GuruFocus rates SHSE:603209 with a GF Score™ of 89/100 and a GF Value™ of ¥17.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 970 Transportation companies, Xingtong Shipping Co ranks better than 81.86% on this metric.

Xingtong Shipping Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥397 Mil. Xingtong Shipping Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥331 Mil. Hence, Xingtong Shipping Co's Days Payable for the three months ended in Mar. 2026 was 109.38.

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

SHSE:603209' s Days Payable Range Over the Past 10 Years
Min: 16.62   Med: 40.64   Max: 97.23
Current: 97.23

During the past 8 years, Xingtong Shipping Co's highest Days Payable was 97.23. The lowest was 16.62. And the median was 40.64.

SHSE:603209's Days Payable is ranked better than
81.86% of 970 companies
in the Transportation industry
Industry Median: 38.62 vs SHSE:603209: 97.23

Xingtong Shipping Co's Days Payable increased from Mar. 2025 (80.11) to Mar. 2026 (109.38). It may suggest that Xingtong Shipping Co delayed paying its suppliers.


Xingtong Shipping Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xingtong Shipping 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.

Xingtong Shipping Co Days Payable Chart

Xingtong Shipping Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 40.85 40.43 43.55 55.14 82.12

Xingtong Shipping 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 80.11 87.45 86.55 93.03 109.38

Xingtong Shipping Co Days Payable Competitor Comparison

For the Marine Shipping subindustry, Xingtong Shipping 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.


Xingtong Shipping Co Days Payable vs Transportation Industry

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

* The bar in red indicates where Xingtong Shipping Co's Days Payable falls into.


SHSE:603209
89GF Score
Xingtong Shipping Co Ltd SHSE:603209
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xingtong Shipping 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.

Xingtong Shipping 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
=( (165.54 + 356.691) / 2 ) / 1160.606*365
=261.1155 / 1160.606*365
=82.12

Xingtong Shipping 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
=( (356.691 + 437.165) / 2 ) / 331.14*365 / 4
=396.928 / 331.14*365 / 4
=109.38

* 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 109.38 mean?
Xingtong Shipping Co (SHSE:603209) has a Days Payable of 109.38 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 Xingtong Shipping Co and its competitors. This is 169% above median its historical median of 40.64. Over the past decade, Xingtong Shipping Co's Days Payable has ranged from 16.62 to 97.23. According to the industry distribution chart, Xingtong Shipping Co ranks #176 out of 970 companies in the Transportation industry, placing it in the top 18.1%.
Is Xingtong Shipping Co's Days Payable too high?
Xingtong Shipping Co's current Days Payable of 109.38 is 169% above median its 10-year median of 40.64. Over the past 10 years, this metric has ranged from a low of 16.62 to a high of 97.23. The Transportation industry median Days Payable is 38.62. Xingtong Shipping Co's value of 109.38 is 183.2% above this industry median. Based on the distribution chart, Xingtong Shipping Co ranks #176 out of 970 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Xingtong Shipping Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xingtong Shipping Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Xingtong Shipping Co ranks #176 out of 970 companies for Days Payable. This places Xingtong Shipping Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.62. Xingtong Shipping Co's value of 109.38 is 183.2% above this benchmark. Historically, Xingtong Shipping Co's own Days Payable has ranged from 16.62 to 97.23 over the past decade. While the company's 10-year median is 40.64 vs. the industry median of 38.62, Xingtong Shipping 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 970 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. Xingtong Shipping Co's current Days Payable of 109.38 is 183.2% 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 Xingtong Shipping 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. Xingtong Shipping Co's current Days Payable is 109.38, which is 169% above median its own 10-year median of 40.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xingtong Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Xingtong Shipping Co (SHSE:603209) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.00, compared to a current price of ¥13.13 — trading 22.8% below its estimated fair value. The current Days Payable is 109.38, which is 169% above median its 10-year median of 40.64 and 183.2% above the Transportation industry median of 38.62. Xingtong Shipping Co's overall GF Score™ is 89/100 with 7 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 Xingtong Shipping Co (SHSE:603209), the current Days Payable is 109.38 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 Xingtong Shipping Co (SHSE:603209) Overvalued in 2026?

Based on GuruFocus' analysis, Xingtong Shipping Co stock appears to be undervalued. The current stock price of ¥13.13 is trading 22.8% below its estimated GF Value™ of ¥17.00. GuruFocus considers Xingtong Shipping Co to be Modestly Undervalued.

Key valuation signals for SHSE:603209:

  • Days Payable: 109.38 (169% above median its 10-year median of 40.64)
  • GF Value™: ¥17.00 vs. price of ¥13.13 (22.8% below fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 183.2% above the Transportation median (#176 of 970)

No single metric tells the full story. See the SHSE:603209 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xingtong Shipping Co Business Description

Address No. 295, Yifeng East Road, Floor 8-9, Xingtong Marine Building, Quangang District, Fujian Province, Quanzhou City, CHN, 362800
Xingtong Shipping Co Ltd is engaged in the water transportation of domestic coastal bulk liquid dangerous goods.
89GF Score

Get the complete analysis for SHSE:603209

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

¥13.13
Price
¥17.00
GF Value