Yangzhou Jinquan Travelling Goods Co (SHSE:603307) Days Payable: 76.39 (As of Mar. 2026) — Near Median

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SHSE:603307 Yangzhou Jinquan Travelling Goods Co Ltd SHSE:603307
83 GF Score
Price ¥22.99
GF Value ¥27.61
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Yangzhou Jinquan Travelling Goods Co Days Payable?

Yangzhou Jinquan Travelling Goods Co SHSE:603307 -4.72% 83 Days Payable is 76.39 as of Mar. 2026, which is 8% below its 10-year median of 82.89. GuruFocus rates SHSE:603307 with a GF Score™ of 83/100 and a GF Value™ of ¥27.61 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Yangzhou Jinquan Travelling Goods Co ranks better than 71.65% on this metric.

Yangzhou Jinquan Travelling Goods Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥167.3 Mil. Yangzhou Jinquan Travelling Goods Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥199.8 Mil. Hence, Yangzhou Jinquan Travelling Goods Co's Days Payable for the three months ended in Mar. 2026 was 76.39.

The historical rank and industry rank for Yangzhou Jinquan Travelling Goods Co's Days Payable or its related term are showing as below:

SHSE:603307' s Days Payable Range Over the Past 10 Years
Min: 67.87   Med: 82.89   Max: 99.11
Current: 88.18

During the past 8 years, Yangzhou Jinquan Travelling Goods Co's highest Days Payable was 99.11. The lowest was 67.87. And the median was 82.89.

SHSE:603307's Days Payable is ranked better than
71.65% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18 vs SHSE:603307: 88.18

Yangzhou Jinquan Travelling Goods Co's Days Payable declined from Mar. 2025 (85.71) to Mar. 2026 (76.39). It may suggest that Yangzhou Jinquan Travelling Goods Co accelerated paying its suppliers.


Yangzhou Jinquan Travelling Goods Co Days Payable Related Terms


Yangzhou Jinquan Travelling Goods Co Days Payable Historical Data

* Premium members only.

The historical data trend for Yangzhou Jinquan Travelling Goods 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.

Yangzhou Jinquan Travelling Goods Co Days Payable Chart

Yangzhou Jinquan Travelling Goods Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 82.92 72.97 99.11 94.67 92.56

Yangzhou Jinquan Travelling Goods 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 85.71 73.54 99.59 107.64 76.39

Yangzhou Jinquan Travelling Goods Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Yangzhou Jinquan Travelling Goods 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.


Yangzhou Jinquan Travelling Goods Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yangzhou Jinquan Travelling Goods Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yangzhou Jinquan Travelling Goods Co's Days Payable falls into.


SHSE:603307
83GF Score
Yangzhou Jinquan Travelling Goods Co Ltd SHSE:603307
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Yangzhou Jinquan Travelling Goods 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.

Yangzhou Jinquan Travelling Goods 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
=( (168.413 + 159.802) / 2 ) / 647.122*365
=164.1075 / 647.122*365
=92.56

Yangzhou Jinquan Travelling Goods 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
=( (159.802 + 174.749) / 2 ) / 199.805*365 / 4
=167.2755 / 199.805*365 / 4
=76.39

* 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 76.39 mean?
Yangzhou Jinquan Travelling Goods Co (SHSE:603307) has a Days Payable of 76.39 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 Yangzhou Jinquan Travelling Goods Co and its competitors. This is near median its historical median of 82.89. Over the past decade, Yangzhou Jinquan Travelling Goods Co's Days Payable has ranged from 67.87 to 99.11. According to the industry distribution chart, Yangzhou Jinquan Travelling Goods Co ranks #288 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.3%.
Is Yangzhou Jinquan Travelling Goods Co's Days Payable too high?
Yangzhou Jinquan Travelling Goods Co's current Days Payable of 76.39 is near median its 10-year median of 82.89. Over the past 10 years, this metric has ranged from a low of 67.87 to a high of 99.11. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Yangzhou Jinquan Travelling Goods Co's value of 76.39 is 41% above this industry median. Based on the distribution chart, Yangzhou Jinquan Travelling Goods Co ranks #288 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Yangzhou Jinquan Travelling Goods Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yangzhou Jinquan Travelling Goods Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Yangzhou Jinquan Travelling Goods Co ranks #288 out of 1016 companies for Days Payable. This puts Yangzhou Jinquan Travelling Goods Co in the upper half of its industry. The industry median Days Payable is 54.18. Yangzhou Jinquan Travelling Goods Co's value of 76.39 is 41% above this benchmark. Historically, Yangzhou Jinquan Travelling Goods Co's own Days Payable has ranged from 67.87 to 99.11 over the past decade. While the company's 10-year median is 82.89 vs. the industry median of 54.18, Yangzhou Jinquan Travelling Goods 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.18, based on 1,016 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. Yangzhou Jinquan Travelling Goods Co's current Days Payable of 76.39 is 41% 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 Yangzhou Jinquan Travelling Goods Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yangzhou Jinquan Travelling Goods Co's current Days Payable is 76.39, which is near median its own 10-year median of 82.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangzhou Jinquan Travelling Goods Co stock overvalued right now?
Based on GuruFocus' analysis, Yangzhou Jinquan Travelling Goods Co (SHSE:603307) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.61, compared to a current price of ¥22.99 — trading 16.7% below its estimated fair value. The current Days Payable is 76.39, which is near median its 10-year median of 82.89 and 41% above the Manufacturing - Apparel & Accessories industry median of 54.18. Yangzhou Jinquan Travelling Goods Co's overall GF Score™ is 83/100 with 2 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 Yangzhou Jinquan Travelling Goods Co (SHSE:603307), the current Days Payable is 76.39 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 Yangzhou Jinquan Travelling Goods Co (SHSE:603307) Overvalued in 2026?

Based on GuruFocus' analysis, Yangzhou Jinquan Travelling Goods Co stock appears to be undervalued. The current stock price of ¥22.99 is trading 16.7% below its estimated GF Value™ of ¥27.61. GuruFocus considers Yangzhou Jinquan Travelling Goods Co to be Modestly Undervalued.

Key valuation signals for SHSE:603307:

  • Days Payable: 76.39 (near median its 10-year median of 82.89)
  • GF Value™: ¥27.61 vs. price of ¥22.99 (16.7% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 41% above the Manufacturing - Apparel & Accessories median (#288 of 1016)

No single metric tells the full story. See the SHSE:603307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yangzhou Jinquan Travelling Goods Co Business Description

Address In Baonv Village, Yangshou Town, Hanjiang District, Jiangsu Province, Yangzhou, CHN, 225124
Yangzhou Jinquan Travelling Goods Co Ltd is a well-known outdoor equipment manufacturers in China. It offers tents, sleeping bags, outdoor jackets, down jackets, backpacks and other outdoor equipment products.
83GF Score

Get the complete analysis for SHSE:603307

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

¥22.99
Price
¥27.61
GF Value