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What is Shanghai Shuixing Home Textile Co Days Payable?
Shanghai Shuixing Home Textile CoSHSE:603365 -0.23%89 Days Payable is 56.81 as of Mar. 2026, which is 8% above its 10-year median of 52.60. GuruFocus rates SHSE:603365 with a GF Score™ of 89/100 and a GF Value™ of ¥19.19 (Fairly Valued). Among 1,020 Manufacturing - Apparel & Accessories companies, Shanghai Shuixing Home Textile Co ranks worse than 59.61% on this metric.
The historical rank and industry rank for Shanghai Shuixing Home Textile Co's Days Payable or its related term are showing as below:
SHSE:603365'
s Days Payable Range Over the Past 10 Years
Min: 44.62 Med: 52.6 Max: 68.32
Current: 44.62
During the past 13 years, Shanghai Shuixing Home Textile Co's highest Days Payable was 68.32. The lowest was 44.62. And the median was 52.60.
SHSE:603365's Days Payable is ranked worse than 59.61% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.435
vs SHSE:603365: 44.62
* 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 Shuixing Home Textile Co Days Payable Chart
Shanghai Shuixing Home Textile Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Shanghai Shuixing Home Textile 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 Shuixing Home Textile Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Shuixing Home Textile Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Shuixing Home Textile Co's Days Payable falls into.
Shanghai Shuixing Home Textile 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.
Shanghai Shuixing Home Textile Co (SHSE:603365) has a Days Payable of 56.81 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 Shuixing Home Textile Co and its competitors. This is near median its historical median of 52.60. Over the past decade, Shanghai Shuixing Home Textile Co's Days Payable has ranged from 44.62 to 68.32. According to the industry distribution chart, Shanghai Shuixing Home Textile Co ranks #608 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.6%.
Is Shanghai Shuixing Home Textile Co's Days Payable too high?
Shanghai Shuixing Home Textile Co's current Days Payable of 56.81 is near median its 10-year median of 52.60. Over the past 10 years, this metric has ranged from a low of 44.62 to a high of 68.32. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.44. Shanghai Shuixing Home Textile Co's value of 56.81 is 4.4% above this industry median. Based on the distribution chart, Shanghai Shuixing Home Textile Co ranks #608 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shanghai Shuixing Home Textile Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shuixing Home Textile Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghai Shuixing Home Textile Co ranks #608 out of 1020 companies for Days Payable. This places Shanghai Shuixing Home Textile Co in the lower half of its industry. The industry median Days Payable is 54.44. Shanghai Shuixing Home Textile Co's value of 56.81 is 4.4% above this benchmark. Historically, Shanghai Shuixing Home Textile Co's own Days Payable has ranged from 44.62 to 68.32 over the past decade. While the company's 10-year median is 52.60 vs. the industry median of 54.44, Shanghai Shuixing Home Textile 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 54.44, based on 1,020 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 Shuixing Home Textile Co's current Days Payable of 56.81 is 4.4% 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 Shanghai Shuixing Home Textile Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Shuixing Home Textile Co's current Days Payable is 56.81, which is near median its own 10-year median of 52.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shuixing Home Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shuixing Home Textile Co (SHSE:603365) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.19, compared to a current price of ¥17.70 — trading 7.8% below its estimated fair value. The current Days Payable is 56.81, which is near median its 10-year median of 52.60 and 4.4% above the Manufacturing - Apparel & Accessories industry median of 54.44. Shanghai Shuixing Home Textile Co's overall GF Score™ is 89/100. 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 Shuixing Home Textile Co (SHSE:603365), the current Days Payable is 56.81 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 Shuixing Home Textile Co (SHSE:603365) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Shuixing Home Textile Co stock appears to be undervalued.
The current stock price of ¥17.70 is trading 7.8% below its estimated GF Value™ of ¥19.19.
GuruFocus considers Shanghai Shuixing Home Textile Co to be Fairly Valued.
Key valuation signals for SHSE:603365:
Days Payable: 56.81 (near median its 10-year median of 52.60)
GF Value™: ¥19.19 vs. price of ¥17.70 (7.8% below fair value)
Industry Position: 4.4% above the Manufacturing - Apparel & Accessories median (#608 of 1020)
No single metric tells the full story. See the SHSE:603365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Shuixing Home Textile Co Business Description
Shanghai Shuixing Home Textile Co Ltd is a China-based company engaged in the manufacture and sale of home textile products such as mattress and quilt. Its products line includes comforters, quilt covers, flat sheets, fitted sheets, bedspreads, bed skirts; pillows and cases; cushions and cover.
89GF Score
Get the complete analysis for SHSE:603365
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