Shanghai Moons' Electric Co (SHSE:603728) Days Payable: 93.49 (As of Mar. 2026) — 14% Above Median

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SHSE:603728 Shanghai Moons' Electric Co Ltd SHSE:603728
80 GF Score
Price ¥47.01
GF Value ¥69.52
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Shanghai Moons' Electric Co Days Payable?

Shanghai Moons' Electric Co SHSE:603728 -2.51% 80 Days Payable is 93.49 as of Mar. 2026, which is 14% above its 10-year median of 82.11. GuruFocus rates SHSE:603728 with a GF Score™ of 80/100 and a GF Value™ of ¥69.52 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,995 Industrial Products companies, Shanghai Moons' Electric Co ranks better than 53.39% on this metric.

Shanghai Moons' Electric Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥452 Mil. Shanghai Moons' Electric Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥441 Mil. Hence, Shanghai Moons' Electric Co's Days Payable for the three months ended in Mar. 2026 was 93.49.

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

SHSE:603728' s Days Payable Range Over the Past 10 Years
Min: 77.32   Med: 82.11   Max: 93.96
Current: 84.4

During the past 13 years, Shanghai Moons' Electric Co's highest Days Payable was 93.96. The lowest was 77.32. And the median was 82.11.

SHSE:603728's Days Payable is ranked better than
53.39% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:603728: 84.40

Shanghai Moons' Electric Co's Days Payable increased from Mar. 2025 (84.17) to Mar. 2026 (93.49). It may suggest that Shanghai Moons' Electric Co delayed paying its suppliers.


Shanghai Moons' Electric Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Moons' Electric 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.

Shanghai Moons' Electric Co Days Payable Chart

Shanghai Moons' Electric 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 83.25 93.96 89.90 78.57 81.06

Shanghai Moons' Electric 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 84.17 77.14 84.74 85.47 93.49

SHSE:603728 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Shanghai Moons' Electric 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.


Shanghai Moons' Electric Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Moons' Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Moons' Electric Co's Days Payable falls into.


SHSE:603728
80GF Score
Shanghai Moons' Electric Co Ltd SHSE:603728
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Moons' Electric 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.

Shanghai Moons' Electric 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
=( (332.618 + 447.704) / 2 ) / 1756.84*365
=390.161 / 1756.84*365
=81.06

Shanghai Moons' Electric 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
=( (447.704 + 456.149) / 2 ) / 441.091*365 / 4
=451.9265 / 441.091*365 / 4
=93.49

* 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 93.49 mean?
Shanghai Moons' Electric Co (SHSE:603728) has a Days Payable of 93.49 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 Moons' Electric Co and its competitors. This is 14% above median its historical median of 82.11. Over the past decade, Shanghai Moons' Electric Co's Days Payable has ranged from 77.32 to 93.96. According to the industry distribution chart, Shanghai Moons' Electric Co ranks #1396 out of 2995 companies in the Industrial Products industry, placing it in the top 46.6%.
Is Shanghai Moons' Electric Co's Days Payable too high?
Shanghai Moons' Electric Co's current Days Payable of 93.49 is 14% above median its 10-year median of 82.11. Over the past 10 years, this metric has ranged from a low of 77.32 to a high of 93.96. The Industrial Products industry median Days Payable is 78.05. Shanghai Moons' Electric Co's value of 93.49 is 19.8% above this industry median. Based on the distribution chart, Shanghai Moons' Electric Co ranks #1396 out of 2995 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Moons' Electric Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Moons' Electric Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shanghai Moons' Electric Co ranks #1396 out of 2995 companies for Days Payable. This puts Shanghai Moons' Electric Co in the upper half of its industry. The industry median Days Payable is 78.05. Shanghai Moons' Electric Co's value of 93.49 is 19.8% above this benchmark. Historically, Shanghai Moons' Electric Co's own Days Payable has ranged from 77.32 to 93.96 over the past decade. While the company's 10-year median is 82.11 vs. the industry median of 78.05, Shanghai Moons' Electric 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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 Moons' Electric Co's current Days Payable of 93.49 is 19.8% 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 Shanghai Moons' Electric Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Moons' Electric Co's current Days Payable is 93.49, which is 14% above median its own 10-year median of 82.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Moons' Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Moons' Electric Co (SHSE:603728) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥69.52, compared to a current price of ¥47.01 — trading 32.4% below its estimated fair value. The current Days Payable is 93.49, which is 14% above median its 10-year median of 82.11 and 19.8% above the Industrial Products industry median of 78.05. Shanghai Moons' Electric Co's overall GF Score™ is 80/100 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 Shanghai Moons' Electric Co (SHSE:603728), the current Days Payable is 93.49 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 Moons' Electric Co (SHSE:603728) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Moons' Electric Co stock appears to be undervalued. The current stock price of ¥47.01 is trading 32.4% below its estimated GF Value™ of ¥69.52. GuruFocus considers Shanghai Moons' Electric Co to be Significantly Undervalued.

Key valuation signals for SHSE:603728:

  • Days Payable: 93.49 (14% above median its 10-year median of 82.11)
  • GF Value™: ¥69.52 vs. price of ¥47.01 (32.4% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 19.8% above the Industrial Products median (#1396 of 2995)

No single metric tells the full story. See the SHSE:603728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Moons' Electric Co Business Description

Address No. 168 Mingjia Road, Minbei Industrial Zone, Minhang District, Shanghai, CHN, 201107
Shanghai Moons' Electric Co Ltd is a China based manufacturer of motion control, intelligent LED lighting control, and industrial equipment management. Its products include drives, slotless motors, rotary stepper products, LED drivers, and Step-Servo products. The company has a business presence in China and various other countries. In addition, the company also offers support and training services. The products offered by the company have applications in various fields including 3D printer, lightning, textile, security, telecom, and medical and life science.
80GF Score

Get the complete analysis for SHSE:603728

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

¥47.01
Price
¥69.52
GF Value