Jiajiayue Group Co (SHSE:603708) Days Payable: 65.30 (As of Mar. 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:603708 Jiajiayue Group Co Ltd SHSE:603708
80 GF Score
Price ¥9.20
GF Value ¥10.26
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Jiajiayue Group Co Days Payable?

Jiajiayue Group Co SHSE:603708 +1.32% 80 Days Payable is 65.30 as of Mar. 2026, which is 19% below its 10-year median of 80.13. GuruFocus rates SHSE:603708 with a GF Score™ of 80/100 and a GF Value™ of ¥10.26 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,105 Retail - Cyclical companies, Jiajiayue Group Co ranks better than 64.71% on this metric.

Jiajiayue Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,745 Mil. Jiajiayue Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,836 Mil. Hence, Jiajiayue Group Co's Days Payable for the three months ended in Mar. 2026 was 65.30.

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

SHSE:603708' s Days Payable Range Over the Past 10 Years
Min: 71.92   Med: 80.13   Max: 91.33
Current: 71.92

During the past 13 years, Jiajiayue Group Co's highest Days Payable was 91.33. The lowest was 71.92. And the median was 80.13.

SHSE:603708's Days Payable is ranked better than
64.71% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 51.14 vs SHSE:603708: 71.92

Jiajiayue Group Co's Days Payable declined from Mar. 2025 (67.33) to Mar. 2026 (65.30). It may suggest that Jiajiayue Group Co accelerated paying its suppliers.


Jiajiayue Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiajiayue Group 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.

Jiajiayue Group Co Days Payable Chart

Jiajiayue Group 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 82.48 88.04 91.33 82.55 80.23

Jiajiayue Group 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 67.33 75.28 71.87 82.29 65.30

SHSE:603708 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Jiajiayue Group 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.


Jiajiayue Group Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jiajiayue Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiajiayue Group Co's Days Payable falls into.


SHSE:603708
80GF Score
Jiajiayue Group Co Ltd SHSE:603708
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiajiayue Group 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.

Jiajiayue Group 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
=( (2943.869 + 3068.036) / 2 ) / 13675.758*365
=3005.9525 / 13675.758*365
=80.23

Jiajiayue Group 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
=( (3068.036 + 2421.739) / 2 ) / 3835.73*365 / 4
=2744.8875 / 3835.73*365 / 4
=65.30

* 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 65.30 mean?
Jiajiayue Group Co (SHSE:603708) has a Days Payable of 65.30 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 Jiajiayue Group Co and its competitors. This is 19% below median its historical median of 80.13. Over the past decade, Jiajiayue Group Co's Days Payable has ranged from 71.92 to 91.33. According to the industry distribution chart, Jiajiayue Group Co ranks #390 out of 1105 companies in the Retail - Cyclical industry, placing it in the top 35.3%.
Is Jiajiayue Group Co's Days Payable too high?
Jiajiayue Group Co's current Days Payable of 65.30 is 19% below median its 10-year median of 80.13. Over the past 10 years, this metric has ranged from a low of 71.92 to a high of 91.33. The Retail - Cyclical industry median Days Payable is 51.14. Jiajiayue Group Co's value of 65.30 is 27.7% above this industry median. Based on the distribution chart, Jiajiayue Group Co ranks #390 out of 1105 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Jiajiayue Group Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiajiayue Group Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Jiajiayue Group Co ranks #390 out of 1105 companies for Days Payable. This puts Jiajiayue Group Co in the upper half of its industry. The industry median Days Payable is 51.14. Jiajiayue Group Co's value of 65.30 is 27.7% above this benchmark. Historically, Jiajiayue Group Co's own Days Payable has ranged from 71.92 to 91.33 over the past decade. While the company's 10-year median is 80.13 vs. the industry median of 51.14, Jiajiayue Group 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.14, based on 1,105 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. Jiajiayue Group Co's current Days Payable of 65.30 is 27.7% 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 Jiajiayue Group Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiajiayue Group Co's current Days Payable is 65.30, which is 19% below median its own 10-year median of 80.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiajiayue Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiajiayue Group Co (SHSE:603708) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.26, compared to a current price of ¥9.20 — trading 10.3% below its estimated fair value. The current Days Payable is 65.30, which is 19% below median its 10-year median of 80.13 and 27.7% above the Retail - Cyclical industry median of 51.14. Jiajiayue Group Co's overall GF Score™ is 80/100 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 Jiajiayue Group Co (SHSE:603708), the current Days Payable is 65.30 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 Jiajiayue Group Co (SHSE:603708) Overvalued in 2026?

Based on GuruFocus' analysis, Jiajiayue Group Co stock appears to be undervalued. The current stock price of ¥9.20 is trading 10.3% below its estimated GF Value™ of ¥10.26. GuruFocus considers Jiajiayue Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603708:

  • Days Payable: 65.30 (19% below median its 10-year median of 80.13)
  • GF Value™: ¥10.26 vs. price of ¥9.20 (10.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 27.7% above the Retail - Cyclical median (#390 of 1105)

No single metric tells the full story. See the SHSE:603708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiajiayue Group Co Business Description

Address No. 53, Daqing Road, Economic and Technological Development Zone, Shandong Province, Weihai, CHN, 264200
Jiajiayue Group Co Ltd operates in the supermarket chain-based industry. It is principally engaged in the operation of supermarket chains. The company mainly runs general supermarkets and hypermarkets.
80GF Score

Get the complete analysis for SHSE:603708

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

¥9.20
Price
¥10.26
GF Value