Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) Days Payable: 69.44 (As of Mar. 2026) — 14% Above Median

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SHSE:603402 Shaanxi Tourism Culture Industry Holding Co Ltd SHSE:603402
45 GF Score
Price ¥62.89
! 1 Warning Sign
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What is Shaanxi Tourism Culture Industry Holding Co Days Payable?

Shaanxi Tourism Culture Industry Holding Co SHSE:603402 +4.90% 45 Days Payable is 69.44 as of Mar. 2026, which is 14% above its 10-year median of 61.00. GuruFocus rates SHSE:603402 with a GF Score™ of 45/100. The stock has 1 warning sign investors should review. Among 777 Travel & Leisure companies, Shaanxi Tourism Culture Industry Holding Co ranks better than 54.18% on this metric.

Shaanxi Tourism Culture Industry Holding Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥54.3 Mil. Shaanxi Tourism Culture Industry Holding Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥71.3 Mil. Hence, Shaanxi Tourism Culture Industry Holding Co's Days Payable for the three months ended in Mar. 2026 was 69.44.

The historical rank and industry rank for Shaanxi Tourism Culture Industry Holding Co's Days Payable or its related term are showing as below:

SHSE:603402' s Days Payable Range Over the Past 10 Years
Min: 39.8   Med: 61   Max: 77.83
Current: 65.08

During the past 12 years, Shaanxi Tourism Culture Industry Holding Co's highest Days Payable was 77.83. The lowest was 39.80. And the median was 61.00.

SHSE:603402's Days Payable is ranked better than
54.18% of 777 companies
in the Travel & Leisure industry
Industry Median: 56.99 vs SHSE:603402: 65.08

Shaanxi Tourism Culture Industry Holding Co's Days Payable declined from Mar. 2025 (82.06) to Mar. 2026 (69.44). It may suggest that Shaanxi Tourism Culture Industry Holding Co accelerated paying its suppliers.


Shaanxi Tourism Culture Industry Holding Co Days Payable Related Terms


Shaanxi Tourism Culture Industry Holding Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shaanxi Tourism Culture Industry Holding 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.

Shaanxi Tourism Culture Industry Holding Co Days Payable Chart

Shaanxi Tourism Culture Industry Holding 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 49.23 62.70 55.62 63.07 70.42

Shaanxi Tourism Culture Industry Holding Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 82.06 70.64 67.96 61.61 69.44

SHSE:603402 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Shaanxi Tourism Culture Industry Holding 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.


Shaanxi Tourism Culture Industry Holding Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shaanxi Tourism Culture Industry Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Tourism Culture Industry Holding Co's Days Payable falls into.


SHSE:603402
45GF Score
Shaanxi Tourism Culture Industry Holding Co Ltd SHSE:603402
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Tourism Culture Industry Holding 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.

Shaanxi Tourism Culture Industry Holding 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
=( (67.74 + 60.888) / 2 ) / 333.332*365
=64.314 / 333.332*365
=70.42

Shaanxi Tourism Culture Industry Holding 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
=( (60.888 + 47.627) / 2 ) / 71.298*365 / 4
=54.2575 / 71.298*365 / 4
=69.44

* 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 69.44 mean?
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) has a Days Payable of 69.44 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 Shaanxi Tourism Culture Industry Holding Co and its competitors. This is 14% above median its historical median of 61.00. Over the past decade, Shaanxi Tourism Culture Industry Holding Co's Days Payable has ranged from 39.80 to 77.83. According to the industry distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #356 out of 777 companies in the Travel & Leisure industry, placing it in the top 45.8%.
Is Shaanxi Tourism Culture Industry Holding Co's Days Payable too high?
Shaanxi Tourism Culture Industry Holding Co's current Days Payable of 69.44 is 14% above median its 10-year median of 61.00. Over the past 10 years, this metric has ranged from a low of 39.80 to a high of 77.83. The Travel & Leisure industry median Days Payable is 56.99. Shaanxi Tourism Culture Industry Holding Co's value of 69.44 is 21.8% above this industry median. Based on the distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #356 out of 777 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Shaanxi Tourism Culture Industry Holding Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Tourism Culture Industry Holding Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #356 out of 777 companies for Days Payable. This puts Shaanxi Tourism Culture Industry Holding Co in the upper half of its industry. The industry median Days Payable is 56.99. Shaanxi Tourism Culture Industry Holding Co's value of 69.44 is 21.8% above this benchmark. Historically, Shaanxi Tourism Culture Industry Holding Co's own Days Payable has ranged from 39.80 to 77.83 over the past decade. While the company's 10-year median is 61.00 vs. the industry median of 56.99, Shaanxi Tourism Culture Industry Holding 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.99, based on 777 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. Shaanxi Tourism Culture Industry Holding Co's current Days Payable of 69.44 is 21.8% 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 Shaanxi Tourism Culture Industry Holding Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Tourism Culture Industry Holding Co's current Days Payable is 69.44, which is 14% above median its own 10-year median of 61.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Tourism Culture Industry Holding Co stock overvalued right now?
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) has a current Days Payable of 69.44. The current Days Payable is 69.44, which is 14% above median its 10-year median of 61.00 and 21.8% above the Travel & Leisure industry median of 56.99. Shaanxi Tourism Culture Industry Holding Co's overall GF Score™ is 45/100 with 1 warning sign 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 Shaanxi Tourism Culture Industry Holding Co (SHSE:603402), the current Days Payable is 69.44 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.

Shaanxi Tourism Culture Industry Holding Co Business Description

Address No. 1 Hangchuang Road, Area A, 16th Floor, Shaanxi Travel Habuska, Chang\'an District, Shaanxi Province, Xi\'an, CHN, 710100
Shaanxi Tourism Culture Industry Holding Co Ltd operates in the tourism sector, with activities spanning performing arts, ropeway operations, catering services, and tourism project investment and management. Its business scope includes investing in and managing its own enterprises, managing cultural performing arts and catering operations, and operating ropeways and slipways.
45GF Score

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¥62.89
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