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What is Solbar Ningbo Protein Technology Co Days Payable?
Solbar Ningbo Protein Technology CoSHSE:603231 +2.43%33 Days Payable is 33.90 as of Mar. 2026, which is 11% above its 10-year median of 30.46. GuruFocus rates SHSE:603231 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,889 Consumer Packaged Goods companies, Solbar Ningbo Protein Technology Co ranks worse than 70.3% on this metric.
SHSE:603231'
s Days Payable Range Over the Past 10 Years
Min: 20.68 Med: 30.46 Max: 38.34
Current: 29.94
During the past 7 years, Solbar Ningbo Protein Technology Co's highest Days Payable was 38.34. The lowest was 20.68. And the median was 30.46.
SHSE:603231's Days Payable is ranked worse than 70.3% of 1889
companies
in the Consumer Packaged Goods industry
Industry Median: 44.15
vs SHSE:603231: 29.94
* 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.
Solbar Ningbo Protein Technology Co Days Payable Chart
For the Packaged Foods subindustry, Solbar Ningbo Protein Technology 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.
Solbar Ningbo Protein Technology Co Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Solbar Ningbo Protein Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Solbar Ningbo Protein Technology Co's Days Payable falls into.
Solbar Ningbo Protein Technology 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.
* 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.
Solbar Ningbo Protein Technology Co (SHSE:603231) has a Days Payable of 33.90 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 Solbar Ningbo Protein Technology Co and its competitors. This is 11% above median its historical median of 30.46. Over the past decade, Solbar Ningbo Protein Technology Co's Days Payable has ranged from 20.68 to 38.34. According to the industry distribution chart, Solbar Ningbo Protein Technology Co ranks #1328 out of 1889 companies in the Consumer Packaged Goods industry, placing it in the top 70.3%.
Is Solbar Ningbo Protein Technology Co's Days Payable too high?
Solbar Ningbo Protein Technology Co's current Days Payable of 33.90 is 11% above median its 10-year median of 30.46. Over the past 10 years, this metric has ranged from a low of 20.68 to a high of 38.34. The Consumer Packaged Goods industry median Days Payable is 44.15. Solbar Ningbo Protein Technology Co's value of 33.90 is 23.2% below this industry median. Based on the distribution chart, Solbar Ningbo Protein Technology Co ranks #1328 out of 1889 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Solbar Ningbo Protein Technology Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Solbar Ningbo Protein Technology Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Solbar Ningbo Protein Technology Co ranks #1328 out of 1889 companies for Days Payable. This places Solbar Ningbo Protein Technology Co in the lower half of its industry. The industry median Days Payable is 44.15. Solbar Ningbo Protein Technology Co's value of 33.90 is 23.2% below this benchmark. Historically, Solbar Ningbo Protein Technology Co's own Days Payable has ranged from 20.68 to 38.34 over the past decade. While the company's 10-year median is 30.46 vs. the industry median of 44.15, Solbar Ningbo Protein Technology 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,889 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. Solbar Ningbo Protein Technology Co's current Days Payable of 33.90 is 23.2% 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 Solbar Ningbo Protein Technology Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solbar Ningbo Protein Technology Co's current Days Payable is 33.90, which is 11% above median its own 10-year median of 30.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solbar Ningbo Protein Technology Co stock overvalued right now?
Solbar Ningbo Protein Technology Co (SHSE:603231) has a current Days Payable of 33.90. The current Days Payable is 33.90, which is 11% above median its 10-year median of 30.46 and 23.2% below the Consumer Packaged Goods industry median of 44.15. Solbar Ningbo Protein Technology Co's overall GF Score™ is 33/100 with 1 warning sign 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 Solbar Ningbo Protein Technology Co (SHSE:603231), the current Days Payable is 33.90 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.
Solbar Ningbo Protein Technology Co Business Description
Solbar Ningbo Protein Technology Co Ltd is engaged in the production and sales of soy protein series products. Its products include Functional Soy Protein Concentrates, Textured Soy Protein Concentrates, Textured Soy Protein, Textured Fibrous Vegetable Protein, Isolated Soy Protein and Defatted Soy Flour.
33GF Score
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