Beijing Changjiu Logistics (SHSE:603569) Days Payable: 112.11 (As of Mar. 2026) — 39% Above Median

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SHSE:603569 Beijing Changjiu Logistics Corp SHSE:603569
57 GF Score
Price ¥5.91
GF Value ¥6.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Beijing Changjiu Logistics Days Payable?

Beijing Changjiu Logistics SHSE:603569 +1.55% 57 Days Payable is 112.11 as of Mar. 2026, which is 39% above its 10-year median of 80.44. GuruFocus rates SHSE:603569 with a GF Score™ of 57/100 and a GF Value™ of ¥6.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 968 Transportation companies, Beijing Changjiu Logistics ranks better than 77.07% on this metric.

Beijing Changjiu Logistics's average Accounts Payable for the three months ended in Mar. 2026 was ¥792 Mil. Beijing Changjiu Logistics's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥644 Mil. Hence, Beijing Changjiu Logistics's Days Payable for the three months ended in Mar. 2026 was 112.11.

The historical rank and industry rank for Beijing Changjiu Logistics's Days Payable or its related term are showing as below:

SHSE:603569' s Days Payable Range Over the Past 10 Years
Min: 64.81   Med: 80.44   Max: 119.55
Current: 81.33

During the past 13 years, Beijing Changjiu Logistics's highest Days Payable was 119.55. The lowest was 64.81. And the median was 80.44.

SHSE:603569's Days Payable is ranked better than
77.07% of 968 companies
in the Transportation industry
Industry Median: 38.695 vs SHSE:603569: 81.33

Beijing Changjiu Logistics's Days Payable increased from Mar. 2025 (74.28) to Mar. 2026 (112.11). It may suggest that Beijing Changjiu Logistics delayed paying its suppliers.


Beijing Changjiu Logistics Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing Changjiu Logistics'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.

Beijing Changjiu Logistics Days Payable Chart

Beijing Changjiu Logistics 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 67.54 71.70 65.50 64.81 85.60

Beijing Changjiu Logistics 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 74.28 74.56 72.18 80.62 112.11

SHSE:603569 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Beijing Changjiu Logistics'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.


Beijing Changjiu Logistics Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Beijing Changjiu Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Changjiu Logistics's Days Payable falls into.


SHSE:603569
57GF Score
Beijing Changjiu Logistics Corp SHSE:603569
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Changjiu Logistics 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.

Beijing Changjiu Logistics'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
=( (675.696 + 883.87) / 2 ) / 3325.065*365
=779.783 / 3325.065*365
=85.60

Beijing Changjiu Logistics'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
=( (883.87 + 699.222) / 2 ) / 644.287*365 / 4
=791.546 / 644.287*365 / 4
=112.11

* 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 112.11 mean?
Beijing Changjiu Logistics (SHSE:603569) has a Days Payable of 112.11 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 Beijing Changjiu Logistics and its competitors. This is 39% above median its historical median of 80.44. Over the past decade, Beijing Changjiu Logistics' Days Payable has ranged from 64.81 to 119.55. According to the industry distribution chart, Beijing Changjiu Logistics ranks #222 out of 968 companies in the Transportation industry, placing it in the top 22.9%.
Is Beijing Changjiu Logistics' Days Payable too high?
Beijing Changjiu Logistics' current Days Payable of 112.11 is 39% above median its 10-year median of 80.44. Over the past 10 years, this metric has ranged from a low of 64.81 to a high of 119.55. The Transportation industry median Days Payable is 38.70. Beijing Changjiu Logistics' value of 112.11 is 189.7% above this industry median. Based on the distribution chart, Beijing Changjiu Logistics ranks #222 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing Changjiu Logistics has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing Changjiu Logistics' Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Beijing Changjiu Logistics ranks #222 out of 968 companies for Days Payable. This places Beijing Changjiu Logistics in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.70. Beijing Changjiu Logistics' value of 112.11 is 189.7% above this benchmark. Historically, Beijing Changjiu Logistics' own Days Payable has ranged from 64.81 to 119.55 over the past decade. While the company's 10-year median is 80.44 vs. the industry median of 38.70, Beijing Changjiu Logistics 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 Transportation company?
The median Days Payable among Transportation companies is 38.70, based on 968 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. Beijing Changjiu Logistics's current Days Payable of 112.11 is 189.7% 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 Beijing Changjiu Logistics and its competitors. For the Transportation industry, the median Days Payable is 38.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Changjiu Logistics's current Days Payable is 112.11, which is 39% above median its own 10-year median of 80.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Changjiu Logistics stock overvalued right now?
Based on GuruFocus' analysis, Beijing Changjiu Logistics (SHSE:603569) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.24, compared to a current price of ¥5.91 — trading 5.3% below its estimated fair value. The current Days Payable is 112.11, which is 39% above median its 10-year median of 80.44 and 189.7% above the Transportation industry median of 38.70. Beijing Changjiu Logistics' overall GF Score™ is 57/100 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 Beijing Changjiu Logistics (SHSE:603569), the current Days Payable is 112.11 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 Beijing Changjiu Logistics (SHSE:603569) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Changjiu Logistics stock appears to be undervalued. The current stock price of ¥5.91 is trading 5.3% below its estimated GF Value™ of ¥6.24. GuruFocus considers Beijing Changjiu Logistics to be Fairly Valued.

Key valuation signals for SHSE:603569:

  • Days Payable: 112.11 (39% above median its 10-year median of 80.44)
  • GF Value™: ¥6.24 vs. price of ¥5.91 (5.3% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 189.7% above the Transportation median (#222 of 968)

No single metric tells the full story. See the SHSE:603569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Changjiu Logistics Business Description

Address Dongsanhuan North Road, 7th Floor, Block B, Jiacheng Plaza, No. 18 Xiaguangli, Chaoyang District, Beijing, CHN, 101300
Beijing Changjiu Logistics Corp provides logistics, warehousing, and distribution services. It also provides automotive logistics planning, inbound logistics, outbound logistics, second-car logistics for finished-vehicles and parts to OEMs and dealers and other related services to passenger and commercial vehicles, used cars, and auto parts. Its services include vehicle, used car, parts, pre-production, after-sale, and international logistics; and warehousing.
57GF Score

Get the complete analysis for SHSE:603569

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

¥5.91
Price
¥6.24
GF Value