Jiangsu Shemar Electric Co (SHSE:603530) Days Payable: 49.92 (As of Mar. 2026) — 52% Below Median


SHSE:603530 Jiangsu Shemar Electric Co Ltd SHSE:603530
93 GF Score
Price ¥48.27
GF Value ¥44.40
Valuation Fairly Valued
! 2 Warning Signs
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What is Jiangsu Shemar Electric Co Days Payable?

Jiangsu Shemar Electric Co SHSE:603530 -1.45% 93 Days Payable is 49.92 as of Mar. 2026, which is 52% below its 10-year median of 104.93. GuruFocus rates SHSE:603530 with a GF Score™ of 93/100 and a GF Value™ of ¥44.40 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,986 Industrial Products companies, Jiangsu Shemar Electric Co ranks worse than 60.72% on this metric.

Jiangsu Shemar Electric Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥106 Mil. Jiangsu Shemar Electric Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥194 Mil. Hence, Jiangsu Shemar Electric Co's Days Payable for the three months ended in Mar. 2026 was 49.92.

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

SHSE:603530' s Days Payable Range Over the Past 10 Years
Min: 61.04   Med: 104.93   Max: 143.2
Current: 61.04

During the past 12 years, Jiangsu Shemar Electric Co's highest Days Payable was 143.20. The lowest was 61.04. And the median was 104.93.

SHSE:603530's Days Payable is ranked worse than
60.72% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs SHSE:603530: 61.04

Jiangsu Shemar Electric Co's Days Payable declined from Mar. 2025 (161.40) to Mar. 2026 (49.92). It may suggest that Jiangsu Shemar Electric Co accelerated paying its suppliers.


Jiangsu Shemar Electric Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Shemar Electric 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.

Jiangsu Shemar Electric Co Days Payable Chart

Jiangsu Shemar Electric 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 117.17 143.20 122.98 128.54 92.68

Jiangsu Shemar Electric 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 161.40 73.87 77.08 51.16 49.92

SHSE:603530 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Jiangsu Shemar Electric 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.


Jiangsu Shemar Electric Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Shemar Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Shemar Electric Co's Days Payable falls into.


SHSE:603530
93GF Score
Jiangsu Shemar Electric Co Ltd SHSE:603530
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Shemar Electric 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.

Jiangsu Shemar Electric 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
=( (357.449 + 112.863) / 2 ) / 926.139*365
=235.156 / 926.139*365
=92.68

Jiangsu Shemar Electric 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
=( (112.863 + 99.453) / 2 ) / 194.06*365 / 4
=106.158 / 194.06*365 / 4
=49.92

* 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 49.92 mean?
Jiangsu Shemar Electric Co (SHSE:603530) has a Days Payable of 49.92 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 Jiangsu Shemar Electric Co and its competitors. This is 52% below median its historical median of 104.93. Over the past decade, Jiangsu Shemar Electric Co's Days Payable has ranged from 61.04 to 143.20. According to the industry distribution chart, Jiangsu Shemar Electric Co ranks #1813 out of 2986 companies in the Industrial Products industry, placing it in the top 60.7%.
Is Jiangsu Shemar Electric Co's Days Payable too high?
Jiangsu Shemar Electric Co's current Days Payable of 49.92 is 52% below median its 10-year median of 104.93. Over the past 10 years, this metric has ranged from a low of 61.04 to a high of 143.20. The Industrial Products industry median Days Payable is 77.81. Jiangsu Shemar Electric Co's value of 49.92 is 35.8% below this industry median. Based on the distribution chart, Jiangsu Shemar Electric Co ranks #1813 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jiangsu Shemar Electric Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Shemar Electric Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jiangsu Shemar Electric Co ranks #1813 out of 2986 companies for Days Payable. This places Jiangsu Shemar Electric Co in the lower half of its industry. The industry median Days Payable is 77.81. Jiangsu Shemar Electric Co's value of 49.92 is 35.8% below this benchmark. Historically, Jiangsu Shemar Electric Co's own Days Payable has ranged from 61.04 to 143.20 over the past decade. While the company's 10-year median is 104.93 vs. the industry median of 77.81, Jiangsu Shemar Electric 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Jiangsu Shemar Electric Co's current Days Payable of 49.92 is 35.8% 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 Jiangsu Shemar Electric Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Shemar Electric Co's current Days Payable is 49.92, which is 52% below median its own 10-year median of 104.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Shemar Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Shemar Electric Co (SHSE:603530) is currently considered Fairly Valued. The stock's GF Value™ is ¥44.40, compared to a current price of ¥48.27 — trading 8.7% above its estimated fair value. The current Days Payable is 49.92, which is 52% below median its 10-year median of 104.93 and 35.8% below the Industrial Products industry median of 77.81. Jiangsu Shemar Electric Co's overall GF Score™ is 93/100 with 2 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 Jiangsu Shemar Electric Co (SHSE:603530), the current Days Payable is 49.92 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 Jiangsu Shemar Electric Co (SHSE:603530) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Shemar Electric Co stock appears to be overvalued. The current stock price of ¥48.27 is trading 8.7% above its estimated GF Value™ of ¥44.40. GuruFocus considers Jiangsu Shemar Electric Co to be Fairly Valued.

Key valuation signals for SHSE:603530:

  • Days Payable: 49.92 (52% below median its 10-year median of 104.93)
  • GF Value™: ¥44.40 vs. price of ¥48.27 (8.7% above fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 35.8% below the Industrial Products median (#1813 of 2986)

No single metric tells the full story. See the SHSE:603530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Shemar Electric Co Business Description

Address No. 66 Haiwei Road, Sutong Science and Technology Industrial Park, Jiangsu Province, Nantong, CHN, 226553
Jiangsu Shemar Electric Co Ltd is engaged in the Research, development, production and sales of products such as composite external insulation for power system substations, composite external insulation for power transmission and distribution lines and rubber seals.
93GF Score

Get the complete analysis for SHSE:603530

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

¥48.27
Price
¥44.40
GF Value