Solareast Holdings Co (SHSE:603366) Days Payable: 149.73 (As of Mar. 2026) — 30% Above Median

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SHSE:603366 Solareast Holdings Co Ltd SHSE:603366
71 GF Score
Price ¥6.84
GF Value ¥7.77
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Solareast Holdings Co Days Payable?

Solareast Holdings Co SHSE:603366 -1.30% 71 Days Payable is 149.73 as of Mar. 2026, which is 30% above its 10-year median of 115.39. GuruFocus rates SHSE:603366 with a GF Score™ of 71/100 and a GF Value™ of ¥7.77 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 998 Semiconductors companies, Solareast Holdings Co ranks better than 79.16% on this metric.

Solareast Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥955 Mil. Solareast Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥582 Mil. Hence, Solareast Holdings Co's Days Payable for the three months ended in Mar. 2026 was 149.73.

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

SHSE:603366' s Days Payable Range Over the Past 10 Years
Min: 96.48   Med: 115.39   Max: 140.59
Current: 107.81

During the past 13 years, Solareast Holdings Co's highest Days Payable was 140.59. The lowest was 96.48. And the median was 115.39.

SHSE:603366's Days Payable is ranked better than
79.16% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:603366: 107.81

Solareast Holdings Co's Days Payable declined from Mar. 2025 (173.21) to Mar. 2026 (149.73). It may suggest that Solareast Holdings Co accelerated paying its suppliers.


Solareast Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Solareast Holdings 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.

Solareast Holdings Co Days Payable Chart

Solareast Holdings 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 114.03 118.53 105.27 99.97 121.64

Solareast Holdings 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 173.21 98.83 124.88 82.65 149.73

SHSE:603366 vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Solareast Holdings 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.


Solareast Holdings Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solareast Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Solareast Holdings Co's Days Payable falls into.


SHSE:603366
71GF Score
Solareast Holdings Co Ltd SHSE:603366
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Solareast Holdings 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.

Solareast Holdings 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
=( (976.392 + 1013.14) / 2 ) / 2984.864*365
=994.766 / 2984.864*365
=121.64

Solareast Holdings 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
=( (1013.14 + 897.572) / 2 ) / 582.213*365 / 4
=955.356 / 582.213*365 / 4
=149.73

* 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 149.73 mean?
Solareast Holdings Co (SHSE:603366) has a Days Payable of 149.73 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 Solareast Holdings Co and its competitors. This is 30% above median its historical median of 115.39. Over the past decade, Solareast Holdings Co's Days Payable has ranged from 96.48 to 140.59. According to the industry distribution chart, Solareast Holdings Co ranks #208 out of 998 companies in the Semiconductors industry, placing it in the top 20.8%.
Is Solareast Holdings Co's Days Payable too high?
Solareast Holdings Co's current Days Payable of 149.73 is 30% above median its 10-year median of 115.39. Over the past 10 years, this metric has ranged from a low of 96.48 to a high of 140.59. The Semiconductors industry median Days Payable is 52.98. Solareast Holdings Co's value of 149.73 is 182.6% above this industry median. Based on the distribution chart, Solareast Holdings Co ranks #208 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solareast Holdings Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solareast Holdings Co's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solareast Holdings Co ranks #208 out of 998 companies for Days Payable. This places Solareast Holdings Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.98. Solareast Holdings Co's value of 149.73 is 182.6% above this benchmark. Historically, Solareast Holdings Co's own Days Payable has ranged from 96.48 to 140.59 over the past decade. While the company's 10-year median is 115.39 vs. the industry median of 52.98, Solareast Holdings 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. Solareast Holdings Co's current Days Payable of 149.73 is 182.6% 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 Solareast Holdings Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solareast Holdings Co's current Days Payable is 149.73, which is 30% above median its own 10-year median of 115.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solareast Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Solareast Holdings Co (SHSE:603366) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.77, compared to a current price of ¥6.84 — trading 12% below its estimated fair value. The current Days Payable is 149.73, which is 30% above median its 10-year median of 115.39 and 182.6% above the Semiconductors industry median of 52.98. Solareast Holdings Co's overall GF Score™ is 71/100 with 7 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 Solareast Holdings Co (SHSE:603366), the current Days Payable is 149.73 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 Solareast Holdings Co (SHSE:603366) Overvalued in 2026?

Based on GuruFocus' analysis, Solareast Holdings Co stock appears to be undervalued. The current stock price of ¥6.84 is trading 12% below its estimated GF Value™ of ¥7.77. GuruFocus considers Solareast Holdings Co to be Modestly Undervalued.

Key valuation signals for SHSE:603366:

  • Days Payable: 149.73 (30% above median its 10-year median of 115.39)
  • GF Value™: ¥7.77 vs. price of ¥6.84 (12% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 182.6% above the Semiconductors median (#208 of 998)

No single metric tells the full story. See the SHSE:603366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solareast Holdings Co Business Description

Address Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
71GF Score

Get the complete analysis for SHSE:603366

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

¥6.84
Price
¥7.77
GF Value