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What is Guangdong Songfa Ceramics Co Days Payable?
Guangdong Songfa Ceramics CoSHSE:603268 +1.04%55 Days Payable is 110.47 as of Mar. 2026, which is 125% above its 10-year median of 49.04. GuruFocus rates SHSE:603268 with a GF Score™ of 55/100. The stock has 11 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Guangdong Songfa Ceramics Co ranks better than 78.12% on this metric.
The historical rank and industry rank for Guangdong Songfa Ceramics Co's Days Payable or its related term are showing as below:
SHSE:603268'
s Days Payable Range Over the Past 10 Years
Min: 18.09 Med: 49.04 Max: 166.11
Current: 123.24
During the past 13 years, Guangdong Songfa Ceramics Co's highest Days Payable was 166.11. The lowest was 18.09. And the median was 49.04.
SHSE:603268's Days Payable is ranked better than 78.12% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745
vs SHSE:603268: 123.24
* 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.
SHSE:603268 vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Guangdong Songfa Ceramics 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.
Guangdong Songfa Ceramics Co Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Songfa Ceramics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Guangdong Songfa Ceramics Co's Days Payable falls into.
Guangdong Songfa Ceramics 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.
Guangdong Songfa Ceramics Co (SHSE:603268) has a Days Payable of 110.47 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 Guangdong Songfa Ceramics Co and its competitors. This is 125% above median its historical median of 49.04. Over the past decade, Guangdong Songfa Ceramics Co's Days Payable has ranged from 18.09 to 166.11. According to the industry distribution chart, Guangdong Songfa Ceramics Co ranks #91 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21.9%.
Is Guangdong Songfa Ceramics Co's Days Payable too high?
Guangdong Songfa Ceramics Co's current Days Payable of 110.47 is 125% above median its 10-year median of 49.04. Over the past 10 years, this metric has ranged from a low of 18.09 to a high of 166.11. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Guangdong Songfa Ceramics Co's value of 110.47 is 73.3% above this industry median. Based on the distribution chart, Guangdong Songfa Ceramics Co ranks #91 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Guangdong Songfa Ceramics Co ranks #91 out of 416 companies for Days Payable. This places Guangdong Songfa Ceramics Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.75. Guangdong Songfa Ceramics Co's value of 110.47 is 73.3% above this benchmark. Historically, Guangdong Songfa Ceramics Co's own Days Payable has ranged from 18.09 to 166.11 over the past decade. While the company's 10-year median is 49.04 vs. the industry median of 63.75, Guangdong Songfa Ceramics 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. Guangdong Songfa Ceramics Co's current Days Payable of 110.47 is 73.3% 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 Guangdong Songfa Ceramics 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. Guangdong Songfa Ceramics Co's current Days Payable is 110.47, which is 125% above median its own 10-year median of 49.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Guangdong Songfa Ceramics Co (SHSE:603268) has a current Days Payable of 110.47. The current Days Payable is 110.47, which is 125% above median its 10-year median of 49.04 and 73.3% above the Furnishings, Fixtures & Appliances industry median of 63.75. Guangdong Songfa Ceramics Co's overall GF Score™ is 55/100 with 11 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 Guangdong Songfa Ceramics Co (SHSE:603268), the current Days Payable is 110.47 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.
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
55GF Score
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