Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SHSE:603579'
s Days Payable Range Over the Past 10 Years
Min: 101.01 Med: 117.68 Max: 143.75
Current: 118.77
During the past 13 years, Shanghai Rongtai Health Technology's highest Days Payable was 143.75. The lowest was 101.01. And the median was 117.68.
SHSE:603579's Days Payable is ranked better than 73.71% of 776
companies
in the Travel & Leisure industry
Industry Median: 57.215
vs SHSE:603579: 118.77
* 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 Rongtai Health Technology Days Payable Chart
SHSE:603579 vs AS, HAS, LTH: Days Payable Comparison
For the Leisure subindustry, Shanghai Rongtai Health Technology'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 Rongtai Health Technology Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Rongtai Health Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Rongtai Health Technology's Days Payable falls into.
Shanghai Rongtai Health Technology 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.
* 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 Rongtai Health Technology (SHSE:603579) has a Days Payable of 129.47 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 Rongtai Health Technology and its competitors. This is 10% above median its historical median of 117.68. Over the past decade, Shanghai Rongtai Health Technology's Days Payable has ranged from 101.01 to 143.75. According to the industry distribution chart, Shanghai Rongtai Health Technology ranks #204 out of 776 companies in the Travel & Leisure industry, placing it in the top 26.3%.
Is Shanghai Rongtai Health Technology's Days Payable too high?
Shanghai Rongtai Health Technology's current Days Payable of 129.47 is 10% above median its 10-year median of 117.68. Over the past 10 years, this metric has ranged from a low of 101.01 to a high of 143.75. The Travel & Leisure industry median Days Payable is 57.22. Shanghai Rongtai Health Technology's value of 129.47 is 126.3% above this industry median. Based on the distribution chart, Shanghai Rongtai Health Technology ranks #204 out of 776 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Shanghai Rongtai Health Technology has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Rongtai Health Technology's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Shanghai Rongtai Health Technology ranks #204 out of 776 companies for Days Payable. This puts Shanghai Rongtai Health Technology in the upper half of its industry. The industry median Days Payable is 57.22. Shanghai Rongtai Health Technology's value of 129.47 is 126.3% above this benchmark. Historically, Shanghai Rongtai Health Technology's own Days Payable has ranged from 101.01 to 143.75 over the past decade. While the company's 10-year median is 117.68 vs. the industry median of 57.22, Shanghai Rongtai Health Technology 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 57.22, based on 776 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 Rongtai Health Technology's current Days Payable of 129.47 is 126.3% 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 Shanghai Rongtai Health Technology and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Rongtai Health Technology's current Days Payable is 129.47, which is 10% above median its own 10-year median of 117.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Rongtai Health Technology stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Rongtai Health Technology (SHSE:603579) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.92, compared to a current price of ¥16.30 — trading 2.4% above its estimated fair value. The current Days Payable is 129.47, which is 10% above median its 10-year median of 117.68 and 126.3% above the Travel & Leisure industry median of 57.22. Shanghai Rongtai Health Technology's overall GF Score™ is 68/100 with 4 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 Rongtai Health Technology (SHSE:603579), the current Days Payable is 129.47 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 Shanghai Rongtai Health Technology (SHSE:603579) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Rongtai Health Technology stock appears to be overvalued.
The current stock price of ¥16.30 is trading 2.4% above its estimated GF Value™ of ¥15.92.
GuruFocus considers Shanghai Rongtai Health Technology to be Fairly Valued.
Key valuation signals for SHSE:603579:
Days Payable: 129.47 (10% above median its 10-year median of 117.68)
GF Value™: ¥15.92 vs. price of ¥16.30 (2.4% above fair value)
Industry Position: 126.3% above the Travel & Leisure median (#204 of 776)
No single metric tells the full story. See the SHSE:603579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Rongtai Health Technology Business Description
Shanghai Rongtai Health Technology Corp Ltd is a China based company engaged in development, manufacturing and marketing of massage equipment. It also offers technology health solutions. The company's products include eye massager, massage chair series, mini massage chair, partial massage series products, massage stick, and waist massager.
68GF Score
Get the complete analysis for SHSE:603579
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603579 has been successfully added to your 
