Shanghai Unison Aluminium Products Co (SHSE:603418) Days Payable: 62.74 (As of Mar. 2026) — 23% Above Median

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SHSE:603418 Shanghai Unison Aluminium Products Co Ltd SHSE:603418
44 GF Score
Price ¥43.31
! 5 Warning Signs
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What is Shanghai Unison Aluminium Products Co Days Payable?

Shanghai Unison Aluminium Products Co SHSE:603418 +1.52% 44 Days Payable is 62.74 as of Mar. 2026, which is 23% above its 10-year median of 50.88. GuruFocus rates SHSE:603418 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Shanghai Unison Aluminium Products Co ranks worse than 67.53% on this metric.

Shanghai Unison Aluminium Products Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥575 Mil. Shanghai Unison Aluminium Products Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥836 Mil. Hence, Shanghai Unison Aluminium Products Co's Days Payable for the three months ended in Mar. 2026 was 62.74.

The historical rank and industry rank for Shanghai Unison Aluminium Products Co's Days Payable or its related term are showing as below:

SHSE:603418' s Days Payable Range Over the Past 10 Years
Min: 41.07   Med: 50.88   Max: 65.86
Current: 47.31

During the past 8 years, Shanghai Unison Aluminium Products Co's highest Days Payable was 65.86. The lowest was 41.07. And the median was 50.88.

SHSE:603418's Days Payable is ranked worse than
67.53% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603418: 47.31

Shanghai Unison Aluminium Products Co's Days Payable declined from Mar. 2025 (68.05) to Mar. 2026 (62.74). It may suggest that Shanghai Unison Aluminium Products Co accelerated paying its suppliers.


Shanghai Unison Aluminium Products Co Days Payable Related Terms


Shanghai Unison Aluminium Products Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Unison Aluminium Products 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 Unison Aluminium Products Co Days Payable Chart

Shanghai Unison Aluminium Products Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 43.90 41.07 48.39 53.36 55.40

Shanghai Unison Aluminium Products Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Dec22 Jun23 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 68.05 44.97 43.19 41.62 62.74

SHSE:603418 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Shanghai Unison Aluminium Products 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 Unison Aluminium Products Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Unison Aluminium Products Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Unison Aluminium Products Co's Days Payable falls into.


SHSE:603418
44GF Score
Shanghai Unison Aluminium Products Co Ltd SHSE:603418
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Unison Aluminium Products 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 Unison Aluminium Products 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
=( (575.953 + 649.629) / 2 ) / 4037.217*365
=612.791 / 4037.217*365
=55.40

Shanghai Unison Aluminium Products 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
=( (649.629 + 499.973) / 2 ) / 836.039*365 / 4
=574.801 / 836.039*365 / 4
=62.74

* 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 62.74 mean?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a Days Payable of 62.74 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 Unison Aluminium Products Co and its competitors. This is 23% above median its historical median of 50.88. Over the past decade, Shanghai Unison Aluminium Products Co's Days Payable has ranged from 41.07 to 65.86. According to the industry distribution chart, Shanghai Unison Aluminium Products Co ranks #882 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 67.5%.
Is Shanghai Unison Aluminium Products Co's Days Payable too high?
Shanghai Unison Aluminium Products Co's current Days Payable of 62.74 is 23% above median its 10-year median of 50.88. Over the past 10 years, this metric has ranged from a low of 41.07 to a high of 65.86. The Vehicles & Parts industry median Days Payable is 67.14. Shanghai Unison Aluminium Products Co's value of 62.74 is 6.6% below this industry median. Based on the distribution chart, Shanghai Unison Aluminium Products Co ranks #882 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shanghai Unison Aluminium Products Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Unison Aluminium Products Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Unison Aluminium Products Co ranks #882 out of 1306 companies for Days Payable. This places Shanghai Unison Aluminium Products Co in the lower half of its industry. The industry median Days Payable is 67.14. Shanghai Unison Aluminium Products Co's value of 62.74 is 6.6% below this benchmark. Historically, Shanghai Unison Aluminium Products Co's own Days Payable has ranged from 41.07 to 65.86 over the past decade. While the company's 10-year median is 50.88 vs. the industry median of 67.14, Shanghai Unison Aluminium Products 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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 Unison Aluminium Products Co's current Days Payable of 62.74 is 6.6% 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 Unison Aluminium Products Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Unison Aluminium Products Co's current Days Payable is 62.74, which is 23% above median its own 10-year median of 50.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Unison Aluminium Products Co stock overvalued right now?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a current Days Payable of 62.74. The current Days Payable is 62.74, which is 23% above median its 10-year median of 50.88 and 6.6% below the Vehicles & Parts industry median of 67.14. Shanghai Unison Aluminium Products Co's overall GF Score™ is 44/100 with 5 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 Unison Aluminium Products Co (SHSE:603418), the current Days Payable is 62.74 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.

Shanghai Unison Aluminium Products Co Business Description

Address No. 2058, Huqingping Road, Qingpu District, Shanghai, CHN, 201702
Shanghai Unison Aluminium Products Co Ltd is engaged in Research and development, production and sales of aluminum alloy automotive parts.
44GF Score

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