Anjoy Foods Group Co (SHSE:603345) Days Payable: 39.71 (As of Mar. 2026) — 51% Below Median

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SHSE:603345 Anjoy Foods Group Co Ltd SHSE:603345
97 GF Score
Price ¥84.60
GF Value ¥91.26
Valuation Fairly Valued
! 3 Warning Signs
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What is Anjoy Foods Group Co Days Payable?

Anjoy Foods Group Co SHSE:603345 -2.89% 97 Days Payable is 39.71 as of Mar. 2026, which is 51% below its 10-year median of 81.40. GuruFocus rates SHSE:603345 with a GF Score™ of 97/100 and a GF Value™ of ¥91.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Anjoy Foods Group Co ranks worse than 56.37% on this metric.

Anjoy Foods Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,538 Mil. Anjoy Foods Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,533 Mil. Hence, Anjoy Foods Group Co's Days Payable for the three months ended in Mar. 2026 was 39.71.

The historical rank and industry rank for Anjoy Foods Group Co's Days Payable or its related term are showing as below:

SHSE:603345' s Days Payable Range Over the Past 10 Years
Min: 38.77   Med: 81.4   Max: 114.91
Current: 38.77

During the past 13 years, Anjoy Foods Group Co's highest Days Payable was 114.91. The lowest was 38.77. And the median was 81.40.

SHSE:603345's Days Payable is ranked worse than
56.37% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs SHSE:603345: 38.77

Anjoy Foods Group Co's Days Payable declined from Mar. 2025 (51.81) to Mar. 2026 (39.71). It may suggest that Anjoy Foods Group Co accelerated paying its suppliers.


Anjoy Foods Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Anjoy Foods Group 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.

Anjoy Foods Group Co Days Payable Chart

Anjoy Foods Group 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 74.18 63.76 59.88 58.56 50.61

Anjoy Foods Group 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 51.81 36.81 42.33 38.81 39.71

SHSE:603345 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Anjoy Foods Group 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.


Anjoy Foods Group Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Anjoy Foods Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anjoy Foods Group Co's Days Payable falls into.


SHSE:603345
97GF Score
Anjoy Foods Group Co Ltd SHSE:603345
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Anjoy Foods Group 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.

Anjoy Foods Group 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
=( (1854.26 + 1666.152) / 2 ) / 12694.85*365
=1760.206 / 12694.85*365
=50.61

Anjoy Foods Group 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
=( (1666.152 + 1409.315) / 2 ) / 3533.235*365 / 4
=1537.7335 / 3533.235*365 / 4
=39.71

* 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 39.71 mean?
Anjoy Foods Group Co (SHSE:603345) has a Days Payable of 39.71 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 Anjoy Foods Group Co and its competitors. This is 51% below median its historical median of 81.40. Over the past decade, Anjoy Foods Group Co's Days Payable has ranged from 38.77 to 114.91. According to the industry distribution chart, Anjoy Foods Group Co ranks #1066 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 56.4%.
Is Anjoy Foods Group Co's Days Payable too high?
Anjoy Foods Group Co's current Days Payable of 39.71 is 51% below median its 10-year median of 81.40. Over the past 10 years, this metric has ranged from a low of 38.77 to a high of 114.91. The Consumer Packaged Goods industry median Days Payable is 44.15. Anjoy Foods Group Co's value of 39.71 is 10.1% below this industry median. Based on the distribution chart, Anjoy Foods Group Co ranks #1066 out of 1891 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Anjoy Foods Group Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anjoy Foods Group Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Anjoy Foods Group Co ranks #1066 out of 1891 companies for Days Payable. This places Anjoy Foods Group Co in the lower half of its industry. The industry median Days Payable is 44.15. Anjoy Foods Group Co's value of 39.71 is 10.1% below this benchmark. Historically, Anjoy Foods Group Co's own Days Payable has ranged from 38.77 to 114.91 over the past decade. While the company's 10-year median is 81.40 vs. the industry median of 44.15, Anjoy Foods Group 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 1,891 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. Anjoy Foods Group Co's current Days Payable of 39.71 is 10.1% 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 Anjoy Foods Group 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. Anjoy Foods Group Co's current Days Payable is 39.71, which is 51% below median its own 10-year median of 81.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anjoy Foods Group Co stock overvalued right now?
Based on GuruFocus' analysis, Anjoy Foods Group Co (SHSE:603345) is currently considered Fairly Valued. The stock's GF Value™ is ¥91.26, compared to a current price of ¥84.60 — trading 7.3% below its estimated fair value. The current Days Payable is 39.71, which is 51% below median its 10-year median of 81.40 and 10.1% below the Consumer Packaged Goods industry median of 44.15. Anjoy Foods Group Co's overall GF Score™ is 97/100 with 3 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 Anjoy Foods Group Co (SHSE:603345), the current Days Payable is 39.71 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 Anjoy Foods Group Co (SHSE:603345) Overvalued in 2026?

Based on GuruFocus' analysis, Anjoy Foods Group Co stock appears to be undervalued. The current stock price of ¥84.60 is trading 7.3% below its estimated GF Value™ of ¥91.26. GuruFocus considers Anjoy Foods Group Co to be Fairly Valued.

Key valuation signals for SHSE:603345:

  • Days Payable: 39.71 (51% below median its 10-year median of 81.40)
  • GF Value™: ¥91.26 vs. price of ¥84.60 (7.3% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 10.1% below the Consumer Packaged Goods median (#1066 of 1891)

No single metric tells the full story. See the SHSE:603345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anjoy Foods Group Co Business Description

Other Exchanges 02648:Hong Kong
Address Xinyang Road, No. 2508, Haicang District, Fujian Province, Xiamen, CHN, 361022
Anjoy Foods Group Co Ltd is a frozen food production company. It is engaged in the R&D, production, and sales of quick-frozen food products, such as quick-frozen flavored and processed products (quick-frozen surimi products and quick-frozen meat products), quick-frozen prepared dishes, and quick-frozen flour and rice products. The company operates across both domestic and international markets.
97GF Score

Get the complete analysis for SHSE:603345

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

¥84.60
Price
¥91.26
GF Value