Shanghai Ace Investment & Development Co (SHSE:603329) Days Payable: 19.29 (As of Mar. 2026) — 56% Below Median

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SHSE:603329 Shanghai Ace Investment & Development Co Ltd SHSE:603329
73 GF Score
Price ¥9.66
GF Value ¥11.93
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shanghai Ace Investment & Development Co Days Payable?

Shanghai Ace Investment & Development Co SHSE:603329 -1.83% 73 Days Payable is 19.29 as of Mar. 2026, which is 56% below its 10-year median of 44.27. GuruFocus rates SHSE:603329 with a GF Score™ of 73/100 and a GF Value™ of ¥11.93 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 969 Transportation companies, Shanghai Ace Investment & Development Co ranks worse than 80.6% on this metric.

Shanghai Ace Investment & Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥157 Mil. Shanghai Ace Investment & Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥744 Mil. Hence, Shanghai Ace Investment & Development Co's Days Payable for the three months ended in Mar. 2026 was 19.29.

The historical rank and industry rank for Shanghai Ace Investment & Development Co's Days Payable or its related term are showing as below:

SHSE:603329' s Days Payable Range Over the Past 10 Years
Min: 20.2   Med: 44.27   Max: 68.55
Current: 20.2

During the past 13 years, Shanghai Ace Investment & Development Co's highest Days Payable was 68.55. The lowest was 20.20. And the median was 44.27.

SHSE:603329's Days Payable is ranked worse than
80.6% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs SHSE:603329: 20.20

Shanghai Ace Investment & Development Co's Days Payable declined from Mar. 2025 (28.79) to Mar. 2026 (19.29). It may suggest that Shanghai Ace Investment & Development Co accelerated paying its suppliers.


Shanghai Ace Investment & Development Co Days Payable Related Terms


Shanghai Ace Investment & Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Ace Investment & Development 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.

Shanghai Ace Investment & Development Co Days Payable Chart

Shanghai Ace Investment & Development 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 48.15 45.22 43.32 32.51 25.84

Shanghai Ace Investment & Development 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 28.79 19.71 21.20 23.42 19.29

Shanghai Ace Investment & Development Co Days Payable Competitor Comparison

For the Marine Shipping subindustry, Shanghai Ace Investment & Development 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.


Shanghai Ace Investment & Development Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Ace Investment & Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Ace Investment & Development Co's Days Payable falls into.


SHSE:603329
73GF Score
Shanghai Ace Investment & Development Co Ltd SHSE:603329
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Ace Investment & Development 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.

Shanghai Ace Investment & Development 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
=( (205.252 + 170.283) / 2 ) / 2652.169*365
=187.7675 / 2652.169*365
=25.84

Shanghai Ace Investment & Development 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
=( (170.283 + 144.414) / 2 ) / 744.454*365 / 4
=157.3485 / 744.454*365 / 4
=19.29

* 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 19.29 mean?
Shanghai Ace Investment & Development Co (SHSE:603329) has a Days Payable of 19.29 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 Shanghai Ace Investment & Development Co and its competitors. This is 56% below median its historical median of 44.27. Over the past decade, Shanghai Ace Investment & Development Co's Days Payable has ranged from 20.20 to 68.55. According to the industry distribution chart, Shanghai Ace Investment & Development Co ranks #781 out of 969 companies in the Transportation industry, placing it in the top 80.6%.
Is Shanghai Ace Investment & Development Co's Days Payable too high?
Shanghai Ace Investment & Development Co's current Days Payable of 19.29 is 56% below median its 10-year median of 44.27. Over the past 10 years, this metric has ranged from a low of 20.20 to a high of 68.55. The Transportation industry median Days Payable is 38.61. Shanghai Ace Investment & Development Co's value of 19.29 is 50% below this industry median. Based on the distribution chart, Shanghai Ace Investment & Development Co ranks #781 out of 969 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Shanghai Ace Investment & Development Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Ace Investment & Development Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Shanghai Ace Investment & Development Co ranks #781 out of 969 companies for Days Payable. This places Shanghai Ace Investment & Development Co in the lower half of its industry. The industry median Days Payable is 38.61. Shanghai Ace Investment & Development Co's value of 19.29 is 50% below this benchmark. Historically, Shanghai Ace Investment & Development Co's own Days Payable has ranged from 20.20 to 68.55 over the past decade. While the company's 10-year median is 44.27 vs. the industry median of 38.61, Shanghai Ace Investment & Development 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 Transportation company?
The median Days Payable among Transportation companies is 38.61, based on 969 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. Shanghai Ace Investment & Development Co's current Days Payable of 19.29 is 50% 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 Shanghai Ace Investment & Development Co and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Ace Investment & Development Co's current Days Payable is 19.29, which is 56% below median its own 10-year median of 44.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Ace Investment & Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Ace Investment & Development Co (SHSE:603329) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.93, compared to a current price of ¥9.66 — trading 19% below its estimated fair value. The current Days Payable is 19.29, which is 56% below median its 10-year median of 44.27 and 50% below the Transportation industry median of 38.61. Shanghai Ace Investment & Development Co's overall GF Score™ is 73/100 with 8 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 Shanghai Ace Investment & Development Co (SHSE:603329), the current Days Payable is 19.29 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 Shanghai Ace Investment & Development Co (SHSE:603329) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Ace Investment & Development Co stock appears to be undervalued. The current stock price of ¥9.66 is trading 19% below its estimated GF Value™ of ¥11.93. GuruFocus considers Shanghai Ace Investment & Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:603329:

  • Days Payable: 19.29 (56% below median its 10-year median of 44.27)
  • GF Value™: ¥11.93 vs. price of ¥9.66 (19% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 50% below the Transportation median (#781 of 969)

No single metric tells the full story. See the SHSE:603329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Ace Investment & Development Co Business Description

Address 855 South Pudong Road, Room H, 33rd Floor, World Plaza, Shanghai, CHN, 200120
Shanghai Ace Investment & Development Co Ltd is a logistics services provider in China. The company's main business is supply chain logistics and supply chain executive trading business. It offers multimodal transport of railways, highways, and waterways; third-party logistics services; bonded warehousing; loading and unloading operations; and warehousing and logistics supervision services.
73GF Score

Get the complete analysis for SHSE:603329

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

¥9.66
Price
¥11.93
GF Value