Shandong Huifa Foodstuff Co (SHSE:603536) Days Payable: 79.93 (As of Mar. 2026) — 74% Above Median

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SHSE:603536 Shandong Huifa Foodstuff Co Ltd SHSE:603536
62 GF Score
Price ¥8.98
GF Value ¥7.26
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Shandong Huifa Foodstuff Co Days Payable?

Shandong Huifa Foodstuff Co SHSE:603536 +3.94% 62 Days Payable is 79.93 as of Mar. 2026, which is 74% above its 10-year median of 45.92. GuruFocus rates SHSE:603536 with a GF Score™ of 62/100 and a GF Value™ of ¥7.26 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,893 Consumer Packaged Goods companies, Shandong Huifa Foodstuff Co ranks better than 75.81% on this metric.

Shandong Huifa Foodstuff Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥229 Mil. Shandong Huifa Foodstuff Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥261 Mil. Hence, Shandong Huifa Foodstuff Co's Days Payable for the three months ended in Mar. 2026 was 79.93.

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

SHSE:603536' s Days Payable Range Over the Past 10 Years
Min: 30.43   Med: 45.92   Max: 80.11
Current: 79.1

During the past 13 years, Shandong Huifa Foodstuff Co's highest Days Payable was 80.11. The lowest was 30.43. And the median was 45.92.

SHSE:603536's Days Payable is ranked better than
75.81% of 1893 companies
in the Consumer Packaged Goods industry
Industry Median: 43.96 vs SHSE:603536: 79.10

Shandong Huifa Foodstuff Co's Days Payable declined from Mar. 2025 (101.59) to Mar. 2026 (79.93). It may suggest that Shandong Huifa Foodstuff Co accelerated paying its suppliers.


Shandong Huifa Foodstuff Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Huifa Foodstuff 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.

Shandong Huifa Foodstuff Co Days Payable Chart

Shandong Huifa Foodstuff 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 44.76 63.92 57.44 61.97 80.11

Shandong Huifa Foodstuff 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 101.59 71.86 88.95 74.29 79.93

SHSE:603536 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Shandong Huifa Foodstuff 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.


Shandong Huifa Foodstuff Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Huifa Foodstuff Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Huifa Foodstuff Co's Days Payable falls into.


SHSE:603536
62GF Score
Shandong Huifa Foodstuff Co Ltd SHSE:603536
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Huifa Foodstuff 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.

Shandong Huifa Foodstuff 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
=( (291.484 + 216.059) / 2 ) / 1156.216*365
=253.7715 / 1156.216*365
=80.11

Shandong Huifa Foodstuff 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
=( (216.059 + 241.78) / 2 ) / 261.349*365 / 4
=228.9195 / 261.349*365 / 4
=79.93

* 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 79.93 mean?
Shandong Huifa Foodstuff Co (SHSE:603536) has a Days Payable of 79.93 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 Shandong Huifa Foodstuff Co and its competitors. This is 74% above median its historical median of 45.92. Over the past decade, Shandong Huifa Foodstuff Co's Days Payable has ranged from 30.43 to 80.11. According to the industry distribution chart, Shandong Huifa Foodstuff Co ranks #458 out of 1893 companies in the Consumer Packaged Goods industry, placing it in the top 24.2%.
Is Shandong Huifa Foodstuff Co's Days Payable too high?
Shandong Huifa Foodstuff Co's current Days Payable of 79.93 is 74% above median its 10-year median of 45.92. Over the past 10 years, this metric has ranged from a low of 30.43 to a high of 80.11. The Consumer Packaged Goods industry median Days Payable is 43.96. Shandong Huifa Foodstuff Co's value of 79.93 is 81.8% above this industry median. Based on the distribution chart, Shandong Huifa Foodstuff Co ranks #458 out of 1893 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Huifa Foodstuff Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Huifa Foodstuff Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shandong Huifa Foodstuff Co ranks #458 out of 1893 companies for Days Payable. This places Shandong Huifa Foodstuff Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.96. Shandong Huifa Foodstuff Co's value of 79.93 is 81.8% above this benchmark. Historically, Shandong Huifa Foodstuff Co's own Days Payable has ranged from 30.43 to 80.11 over the past decade. While the company's 10-year median is 45.92 vs. the industry median of 43.96, Shandong Huifa Foodstuff 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,893 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. Shandong Huifa Foodstuff Co's current Days Payable of 79.93 is 81.8% 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 Shandong Huifa Foodstuff Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Huifa Foodstuff Co's current Days Payable is 79.93, which is 74% above median its own 10-year median of 45.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Huifa Foodstuff Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Huifa Foodstuff Co (SHSE:603536) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.26, compared to a current price of ¥8.98 — trading 23.7% above its estimated fair value. The current Days Payable is 79.93, which is 74% above median its 10-year median of 45.92 and 81.8% above the Consumer Packaged Goods industry median of 43.96. Shandong Huifa Foodstuff Co's overall GF Score™ is 62/100 with 3 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 Shandong Huifa Foodstuff Co (SHSE:603536), the current Days Payable is 79.93 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 Shandong Huifa Foodstuff Co (SHSE:603536) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Huifa Foodstuff Co stock appears to be overvalued. The current stock price of ¥8.98 is trading 23.7% above its estimated GF Value™ of ¥7.26. GuruFocus considers Shandong Huifa Foodstuff Co to be Modestly Overvalued.

Key valuation signals for SHSE:603536:

  • Days Payable: 79.93 (74% above median its 10-year median of 45.92)
  • GF Value™: ¥7.26 vs. price of ¥8.98 (23.7% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 81.8% above the Consumer Packaged Goods median (#458 of 1893)

No single metric tells the full story. See the SHSE:603536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Huifa Foodstuff Co Business Description

Address No. 60, Lishan Road, Shandong Province, Zhucheng, CHN, 262200
Shandong Huifa Foodstuff Co Ltd is a China-based company engages in the research and development, production, and sales of pre-prepared food products cover various cuisines including local snacks, functional dishes, snacks, pastries, conditioning, western food, hot pot, etc. The food products offered by the company include onion rings, lotus root with meat, surimi, and cheese buns, among others. Its products and services are offered through brands such as Hui Fa, Ze Zhong, Hui Fa Fresh Kitchen, and Aisha Yippin, and service brands such as Runong Supply Chain, Hui Fa Kitchen, Hui Fa Cloud Kitchen, Hui Fa Mei Chu, Yilan Xiaodian, and Miloko.
62GF Score

Get the complete analysis for SHSE:603536

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

¥8.98
Price
¥7.26
GF Value