Elegant Home-tech Co (SHSE:603221) Days Payable: 66.87 (As of Mar. 2026) — 21% Below Median

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SHSE:603221 Elegant Home-tech Co Ltd SHSE:603221
69 GF Score
Price ¥14.00
GF Value ¥9.97
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Elegant Home-tech Co Days Payable?

Elegant Home-tech Co SHSE:603221 +9.98% 69 Days Payable is 66.87 as of Mar. 2026, which is 21% below its 10-year median of 85.12. GuruFocus rates SHSE:603221 with a GF Score™ of 69/100 and a GF Value™ of ¥9.97 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Elegant Home-tech Co ranks better than 56.97% on this metric.

Elegant Home-tech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥188 Mil. Elegant Home-tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥256 Mil. Hence, Elegant Home-tech Co's Days Payable for the three months ended in Mar. 2026 was 66.87.

The historical rank and industry rank for Elegant Home-tech Co's Days Payable or its related term are showing as below:

SHSE:603221' s Days Payable Range Over the Past 10 Years
Min: 35.07   Med: 85.12   Max: 124.31
Current: 77.39

During the past 11 years, Elegant Home-tech Co's highest Days Payable was 124.31. The lowest was 35.07. And the median was 85.12.

SHSE:603221's Days Payable is ranked better than
56.97% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs SHSE:603221: 77.39

Elegant Home-tech Co's Days Payable declined from Mar. 2025 (97.39) to Mar. 2026 (66.87). It may suggest that Elegant Home-tech Co accelerated paying its suppliers.


Elegant Home-tech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Elegant Home-tech 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.

Elegant Home-tech Co Days Payable Chart

Elegant Home-tech 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 89.61 124.31 95.31 95.68 95.56

Elegant Home-tech 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 97.39 115.46 70.51 74.53 66.87

SHSE:603221 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Elegant Home-tech 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.


Elegant Home-tech Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elegant Home-tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Elegant Home-tech Co's Days Payable falls into.


SHSE:603221
69GF Score
Elegant Home-tech Co Ltd SHSE:603221
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elegant Home-tech 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.

Elegant Home-tech 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
=( (290.806 + 221.697) / 2 ) / 978.778*365
=256.2515 / 978.778*365
=95.56

Elegant Home-tech 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
=( (221.697 + 153.833) / 2 ) / 256.232*365 / 4
=187.765 / 256.232*365 / 4
=66.87

* 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 66.87 mean?
Elegant Home-tech Co (SHSE:603221) has a Days Payable of 66.87 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 Elegant Home-tech Co and its competitors. This is 21% below median its historical median of 85.12. Over the past decade, Elegant Home-tech Co's Days Payable has ranged from 35.07 to 124.31. According to the industry distribution chart, Elegant Home-tech Co ranks #179 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 43%.
Is Elegant Home-tech Co's Days Payable too high?
Elegant Home-tech Co's current Days Payable of 66.87 is 21% below median its 10-year median of 85.12. Over the past 10 years, this metric has ranged from a low of 35.07 to a high of 124.31. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Elegant Home-tech Co's value of 66.87 is 4.9% above this industry median. Based on the distribution chart, Elegant Home-tech Co ranks #179 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Elegant Home-tech Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elegant Home-tech Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Elegant Home-tech Co ranks #179 out of 416 companies for Days Payable. This puts Elegant Home-tech Co in the upper half of its industry. The industry median Days Payable is 63.75. Elegant Home-tech Co's value of 66.87 is 4.9% above this benchmark. Historically, Elegant Home-tech Co's own Days Payable has ranged from 35.07 to 124.31 over the past decade. While the company's 10-year median is 85.12 vs. the industry median of 63.75, Elegant Home-tech 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Elegant Home-tech Co's current Days Payable of 66.87 is 4.9% 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 Elegant Home-tech Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elegant Home-tech Co's current Days Payable is 66.87, which is 21% below median its own 10-year median of 85.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegant Home-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Elegant Home-tech Co (SHSE:603221) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.97, compared to a current price of ¥14.00 — trading 40.4% above its estimated fair value. The current Days Payable is 66.87, which is 21% below median its 10-year median of 85.12 and 4.9% above the Furnishings, Fixtures & Appliances industry median of 63.75. Elegant Home-tech Co's overall GF Score™ is 69/100 with 9 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 Elegant Home-tech Co (SHSE:603221), the current Days Payable is 66.87 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 Elegant Home-tech Co (SHSE:603221) Overvalued in 2026?

Based on GuruFocus' analysis, Elegant Home-tech Co stock appears to be overvalued. The current stock price of ¥14.00 is trading 40.4% above its estimated GF Value™ of ¥9.97. GuruFocus considers Elegant Home-tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603221:

  • Days Payable: 66.87 (21% below median its 10-year median of 85.12)
  • GF Value™: ¥9.97 vs. price of ¥14.00 (40.4% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 4.9% above the Furnishings, Fixtures & Appliances median (#179 of 416)

No single metric tells the full story. See the SHSE:603221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elegant Home-tech Co Business Description

Address Hexing Street,Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Elegant Home-tech Co Ltd formerly known as Zhangjiagang Elegant Home-Tech Co Ltd is a manufacturer of Vinyl Floor Tiles in China. The company has both residential and commercial collections with more than 1,000 patterns for customer characterized by the look and feel of natural wood, stone, ceramic & carpet. Its products range includes Vinyl planks in wooden designs, Vinyl planks In-registered, Vinyl tiles in stone, marble, granite designs, Vinyl tiles in Carpet design, and Anti slip & Solid color Vinyl tiles.
69GF Score

Get the complete analysis for SHSE:603221

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

¥14.00
Price
¥9.97
GF Value