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UE Furniture CoSHSE:603600 79 Days Payable is 78.67 as of Mar. 2026, which is 4% below its 10-year median of 82.21. GuruFocus rates SHSE:603600 with a GF Score™ of 79/100 and a GF Value™ of ¥13.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, UE Furniture Co ranks better than 52.16% on this metric.
The historical rank and industry rank for UE Furniture Co's Days Payable or its related term are showing as below:
SHSE:603600'
s Days Payable Range Over the Past 10 Years
Min: 67.36 Med: 82.21 Max: 110.98
Current: 67.36
During the past 13 years, UE Furniture Co's highest Days Payable was 110.98. The lowest was 67.36. And the median was 82.21.
SHSE:603600's Days Payable is ranked better than 52.16% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03
vs SHSE:603600: 67.36
UE Furniture Co's Days Payable
declined
from Mar. 2025 (85.16) to Mar. 2026 (78.67).
It may suggest that UE Furniture Coaccelerated paying its suppliers.
The historical data trend for UE Furniture 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.
SHSE:603600 vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, UE Furniture 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.
UE Furniture Co Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, UE Furniture Co's Days Payable distribution charts can be found below:
* The bar in red indicates where UE Furniture Co's Days Payable falls into.
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.
UE Furniture Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
UE Furniture Co (SHSE:603600) has a Days Payable of 78.67 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 UE Furniture Co and its competitors. This is near median its historical median of 82.21. Over the past decade, UE Furniture Co's Days Payable has ranged from 67.36 to 110.98. According to the industry distribution chart, UE Furniture Co ranks #199 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 47.8%.
Is UE Furniture Co's Days Payable too high?
UE Furniture Co's current Days Payable of 78.67 is near median its 10-year median of 82.21. Over the past 10 years, this metric has ranged from a low of 67.36 to a high of 110.98. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. UE Furniture Co's value of 78.67 is 24.8% above this industry median. Based on the distribution chart, UE Furniture Co ranks #199 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, UE Furniture Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UE Furniture Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, UE Furniture Co ranks #199 out of 416 companies for Days Payable. This puts UE Furniture Co in the upper half of its industry. The industry median Days Payable is 63.03. UE Furniture Co's value of 78.67 is 24.8% above this benchmark. Historically, UE Furniture Co's own Days Payable has ranged from 67.36 to 110.98 over the past decade. While the company's 10-year median is 82.21 vs. the industry median of 63.03, UE Furniture 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. UE Furniture Co's current Days Payable of 78.67 is 24.8% 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 UE Furniture Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UE Furniture Co's current Days Payable is 78.67, which is near median its own 10-year median of 82.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UE Furniture Co stock overvalued right now?
Based on GuruFocus' analysis, UE Furniture Co (SHSE:603600) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.39, compared to a current price of ¥9.63 — trading 28.1% below its estimated fair value. The current Days Payable is 78.67, which is near median its 10-year median of 82.21 and 24.8% above the Furnishings, Fixtures & Appliances industry median of 63.03. UE Furniture Co's overall GF Score™ is 79/100 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 UE Furniture Co (SHSE:603600), the current Days Payable is 78.67 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 UE Furniture Co (SHSE:603600) Overvalued in 2026?
Based on GuruFocus' analysis, UE Furniture Co stock appears to be undervalued.
The current stock price of ¥9.63 is trading 28.1% below its estimated GF Value™ of ¥13.39.
GuruFocus considers UE Furniture Co to be Modestly Undervalued.
Key valuation signals for SHSE:603600:
Days Payable: 78.67 (near median its 10-year median of 82.21)
GF Value™: ¥13.39 vs. price of ¥9.63 (28.1% below fair value)
Industry Position: 24.8% above the Furnishings, Fixtures & Appliances median (#199 of 416)
No single metric tells the full story. See the SHSE:603600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.
79GF Score
Get the complete analysis for SHSE:603600
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