Xianhe Co (SHSE:603733) Days Payable: 84.06 (As of Mar. 2026) — Near 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:603733 Xianhe Co Ltd SHSE:603733
84 GF Score
Price ¥19.59
GF Value ¥29.73
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Xianhe Co Days Payable?

Xianhe Co SHSE:603733 -5.36% 84 Days Payable is 84.06 as of Mar. 2026, which is 8% below its 10-year median of 91.34. GuruFocus rates SHSE:603733 with a GF Score™ of 84/100 and a GF Value™ of ¥29.73 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 275 Forest Products companies, Xianhe Co ranks better than 73.09% on this metric.

Xianhe Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,485 Mil. Xianhe Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,697 Mil. Hence, Xianhe Co's Days Payable for the three months ended in Mar. 2026 was 84.06.

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

SHSE:603733' s Days Payable Range Over the Past 10 Years
Min: 62.94   Med: 91.34   Max: 113.01
Current: 87.82

During the past 13 years, Xianhe Co's highest Days Payable was 113.01. The lowest was 62.94. And the median was 91.34.

SHSE:603733's Days Payable is ranked better than
73.09% of 275 companies
in the Forest Products industry
Industry Median: 56.5 vs SHSE:603733: 87.82

Xianhe Co's Days Payable declined from Mar. 2025 (101.08) to Mar. 2026 (84.06). It may suggest that Xianhe Co accelerated paying its suppliers.


Xianhe Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xianhe 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.

Xianhe Co Days Payable Chart

Xianhe 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 96.96 91.40 106.94 113.01 91.28

Xianhe 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 101.08 92.93 92.62 80.57 84.06

Xianhe Co Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Xianhe 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.


Xianhe Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Xianhe Co's Days Payable distribution charts can be found below:

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


SHSE:603733
84GF Score
Xianhe Co Ltd SHSE:603733
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xianhe 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.

Xianhe 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
=( (2969.907 + 2357.438) / 2 ) / 10651.26*365
=2663.6725 / 10651.26*365
=91.28

Xianhe 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
=( (2357.438 + 2612.532) / 2 ) / 2697.378*365 / 4
=2484.985 / 2697.378*365 / 4
=84.06

* 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 84.06 mean?
Xianhe Co (SHSE:603733) has a Days Payable of 84.06 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 Xianhe Co and its competitors. This is near median its historical median of 91.34. Over the past decade, Xianhe Co's Days Payable has ranged from 62.94 to 113.01. According to the industry distribution chart, Xianhe Co ranks #74 out of 275 companies in the Forest Products industry, placing it in the top 26.9%.
Is Xianhe Co's Days Payable too high?
Xianhe Co's current Days Payable of 84.06 is near median its 10-year median of 91.34. Over the past 10 years, this metric has ranged from a low of 62.94 to a high of 113.01. The Forest Products industry median Days Payable is 56.50. Xianhe Co's value of 84.06 is 48.8% above this industry median. Based on the distribution chart, Xianhe Co ranks #74 out of 275 companies in the Forest Products industry, which is above the industry midpoint. Overall, Xianhe Co has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xianhe Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Xianhe Co ranks #74 out of 275 companies for Days Payable. This puts Xianhe Co in the upper half of its industry. The industry median Days Payable is 56.50. Xianhe Co's value of 84.06 is 48.8% above this benchmark. Historically, Xianhe Co's own Days Payable has ranged from 62.94 to 113.01 over the past decade. While the company's 10-year median is 91.34 vs. the industry median of 56.50, Xianhe 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.50, based on 275 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. Xianhe Co's current Days Payable of 84.06 is 48.8% 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 Xianhe Co and its competitors. For the Forest Products industry, the median Days Payable is 56.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xianhe Co's current Days Payable is 84.06, which is near median its own 10-year median of 91.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xianhe Co stock overvalued right now?
Based on GuruFocus' analysis, Xianhe Co (SHSE:603733) is currently considered Possible Value Trap. The stock's GF Value™ is ¥29.73, compared to a current price of ¥19.59 — trading 34.1% below its estimated fair value. The current Days Payable is 84.06, which is near median its 10-year median of 91.34 and 48.8% above the Forest Products industry median of 56.50. Xianhe Co's overall GF Score™ is 84/100 with 8 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 Xianhe Co (SHSE:603733), the current Days Payable is 84.06 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 Xianhe Co (SHSE:603733) Overvalued in 2026?

Based on GuruFocus' analysis, Xianhe Co stock appears to be undervalued. The current stock price of ¥19.59 is trading 34.1% below its estimated GF Value™ of ¥29.73. GuruFocus considers Xianhe Co to be Possible Value Trap.

Key valuation signals for SHSE:603733:

  • Days Payable: 84.06 (near median its 10-year median of 91.34)
  • GF Value™: ¥29.73 vs. price of ¥19.59 (34.1% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 48.8% above the Forest Products median (#74 of 275)

No single metric tells the full story. See the SHSE:603733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xianhe Co Business Description

Address Tongjiang Road, No. 81, Shenjia Economic Development Zone, Hanjiang District, Zhejiang Province, Shengzhou, CHN, 324022
Xianhe Co Ltd develops and produces specialty papers, pulps, paper products, and relevant chemical additives. Its products include cigarette industry paper, decorative base paper, commercial and communication paper, anti-fake paper, low basis weight publishing and printing paper, transfer paper, food and medical packing paper, label release paper, electrical and industrial paper, and specialty pulp.
84GF Score

Get the complete analysis for SHSE:603733

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

¥19.59
Price
¥29.73
GF Value