Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713) Days Payable: 54.81 (As of Mar. 2026) — Near Median

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SHSE:603713 Milkyway Intelligent Supply Chain Service Group Co Ltd SHSE:603713
89 GF Score
Price ¥63.53
GF Value ¥70.00
Valuation Fairly Valued
! 6 Warning Signs
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What is Milkyway Intelligent Supply Chain Service Group Co Days Payable?

Milkyway Intelligent Supply Chain Service Group Co SHSE:603713 -2.71% 89 Days Payable is 54.81 as of Mar. 2026, which is 3% below its 10-year median of 56.71. GuruFocus rates SHSE:603713 with a GF Score™ of 89/100 and a GF Value™ of ¥70.00 (Fairly Valued). The stock has 6 warning signs investors should review. Among 968 Transportation companies, Milkyway Intelligent Supply Chain Service Group Co ranks better than 70.87% on this metric.

Milkyway Intelligent Supply Chain Service Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,999 Mil. Milkyway Intelligent Supply Chain Service Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,328 Mil. Hence, Milkyway Intelligent Supply Chain Service Group Co's Days Payable for the three months ended in Mar. 2026 was 54.81.

The historical rank and industry rank for Milkyway Intelligent Supply Chain Service Group Co's Days Payable or its related term are showing as below:

SHSE:603713' s Days Payable Range Over the Past 10 Years
Min: 38.45   Med: 56.71   Max: 70.31
Current: 64.29

During the past 12 years, Milkyway Intelligent Supply Chain Service Group Co's highest Days Payable was 70.31. The lowest was 38.45. And the median was 56.71.

SHSE:603713's Days Payable is ranked better than
70.87% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs SHSE:603713: 64.29

Milkyway Intelligent Supply Chain Service Group Co's Days Payable declined from Mar. 2025 (78.21) to Mar. 2026 (54.81). It may suggest that Milkyway Intelligent Supply Chain Service Group Co accelerated paying its suppliers.


Milkyway Intelligent Supply Chain Service Group Co Days Payable Related Terms


Milkyway Intelligent Supply Chain Service Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Milkyway Intelligent Supply Chain Service 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.

Milkyway Intelligent Supply Chain Service Group Co Days Payable Chart

Milkyway Intelligent Supply Chain Service 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 47.27 38.45 42.87 61.49 67.47

Milkyway Intelligent Supply Chain Service 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 78.21 63.48 59.02 78.09 54.81

SHSE:603713 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Milkyway Intelligent Supply Chain Service 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.


Milkyway Intelligent Supply Chain Service Group Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Milkyway Intelligent Supply Chain Service Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Milkyway Intelligent Supply Chain Service Group Co's Days Payable falls into.


SHSE:603713
89GF Score
Milkyway Intelligent Supply Chain Service Group Co Ltd SHSE:603713
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Milkyway Intelligent Supply Chain Service 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.

Milkyway Intelligent Supply Chain Service 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
=( (2520.529 + 1840.812) / 2 ) / 11796.306*365
=2180.6705 / 11796.306*365
=67.47

Milkyway Intelligent Supply Chain Service 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
=( (1840.812 + 2157.759) / 2 ) / 3328.351*365 / 4
=1999.2855 / 3328.351*365 / 4
=54.81

* 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 54.81 mean?
Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713) has a Days Payable of 54.81 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 Milkyway Intelligent Supply Chain Service Group Co and its competitors. This is near median its historical median of 56.71. Over the past decade, Milkyway Intelligent Supply Chain Service Group Co's Days Payable has ranged from 38.45 to 70.31. According to the industry distribution chart, Milkyway Intelligent Supply Chain Service Group Co ranks #282 out of 968 companies in the Transportation industry, placing it in the top 29.1%.
Is Milkyway Intelligent Supply Chain Service Group Co's Days Payable too high?
Milkyway Intelligent Supply Chain Service Group Co's current Days Payable of 54.81 is near median its 10-year median of 56.71. Over the past 10 years, this metric has ranged from a low of 38.45 to a high of 70.31. The Transportation industry median Days Payable is 38.62. Milkyway Intelligent Supply Chain Service Group Co's value of 54.81 is 41.9% above this industry median. Based on the distribution chart, Milkyway Intelligent Supply Chain Service Group Co ranks #282 out of 968 companies in the Transportation industry, which is above the industry midpoint. Overall, Milkyway Intelligent Supply Chain Service Group Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Milkyway Intelligent Supply Chain Service Group Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Milkyway Intelligent Supply Chain Service Group Co ranks #282 out of 968 companies for Days Payable. This puts Milkyway Intelligent Supply Chain Service Group Co in the upper half of its industry. The industry median Days Payable is 38.62. Milkyway Intelligent Supply Chain Service Group Co's value of 54.81 is 41.9% above this benchmark. Historically, Milkyway Intelligent Supply Chain Service Group Co's own Days Payable has ranged from 38.45 to 70.31 over the past decade. While the company's 10-year median is 56.71 vs. the industry median of 38.62, Milkyway Intelligent Supply Chain Service 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, 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. Milkyway Intelligent Supply Chain Service Group Co's current Days Payable of 54.81 is 41.9% 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 Milkyway Intelligent Supply Chain Service Group Co and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Milkyway Intelligent Supply Chain Service Group Co's current Days Payable is 54.81, which is near median its own 10-year median of 56.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milkyway Intelligent Supply Chain Service Group Co stock overvalued right now?
Based on GuruFocus' analysis, Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713) is currently considered Fairly Valued. The stock's GF Value™ is ¥70.00, compared to a current price of ¥63.53 — trading 9.2% below its estimated fair value. The current Days Payable is 54.81, which is near median its 10-year median of 56.71 and 41.9% above the Transportation industry median of 38.62. Milkyway Intelligent Supply Chain Service Group Co's overall GF Score™ is 89/100 with 6 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 Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713), the current Days Payable is 54.81 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 Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713) Overvalued in 2026?

Based on GuruFocus' analysis, Milkyway Intelligent Supply Chain Service Group Co stock appears to be undervalued. The current stock price of ¥63.53 is trading 9.2% below its estimated GF Value™ of ¥70.00. GuruFocus considers Milkyway Intelligent Supply Chain Service Group Co to be Fairly Valued.

Key valuation signals for SHSE:603713:

  • Days Payable: 54.81 (near median its 10-year median of 56.71)
  • GF Value™: ¥70.00 vs. price of ¥63.53 (9.2% below fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 41.9% above the Transportation median (#282 of 968)

No single metric tells the full story. See the SHSE:603713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Milkyway Intelligent Supply Chain Service Group Co Business Description

Address Jinxiu East Road, Building 39, Jinxiu Shenjiang Jinqiao Huahong Innovation Park, Lane 2777, Pudong New District, Shanghai, CHN, 201206
Milkyway Intelligent Supply Chain Service Group Co Ltd is engaged in providing one-stop comprehensive logistics services with freight forwarding, warehousing and transportation as the core, as well as chemical product trading services.
89GF Score

Get the complete analysis for SHSE:603713

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

¥63.53
Price
¥70.00
GF Value