Sk Shu Paint Co (SHSE:603737) Days Payable: 283.05 (As of Mar. 2026) — 52% Above Median

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SHSE:603737 Sk Shu Paint Co Ltd SHSE:603737
74 GF Score
Price ¥23.42
GF Value ¥32.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sk Shu Paint Co Days Payable?

Sk Shu Paint Co SHSE:603737 -4.41% 74 Days Payable is 283.05 as of Mar. 2026, which is 52% above its 10-year median of 186.20. GuruFocus rates SHSE:603737 with a GF Score™ of 74/100 and a GF Value™ of ¥32.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,553 Chemicals companies, Sk Shu Paint Co ranks better than 95.24% on this metric.

Sk Shu Paint Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥5,225 Mil. Sk Shu Paint Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,685 Mil. Hence, Sk Shu Paint Co's Days Payable for the three months ended in Mar. 2026 was 283.05.

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

SHSE:603737' s Days Payable Range Over the Past 10 Years
Min: 108.82   Med: 186.2   Max: 256.78
Current: 225.59

During the past 13 years, Sk Shu Paint Co's highest Days Payable was 256.78. The lowest was 108.82. And the median was 186.20.

SHSE:603737's Days Payable is ranked better than
95.24% of 1553 companies
in the Chemicals industry
Industry Median: 59.87 vs SHSE:603737: 225.59

Sk Shu Paint Co's Days Payable declined from Mar. 2025 (324.74) to Mar. 2026 (283.05). It may suggest that Sk Shu Paint Co accelerated paying its suppliers.


Sk Shu Paint Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co Days Payable Chart

Sk Shu Paint 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 188.65 251.73 256.78 247.74 238.91

Sk Shu Paint 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 324.74 190.50 208.81 251.34 283.05

SHSE:603737 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Sk Shu Paint 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.


Sk Shu Paint Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sk Shu Paint Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sk Shu Paint Co's Days Payable falls into.


SHSE:603737
74GF Score
Sk Shu Paint Co Ltd SHSE:603737
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sk Shu Paint 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.

Sk Shu Paint 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
=( (5478.001 + 5380.348) / 2 ) / 8294.445*365
=5429.1745 / 8294.445*365
=238.91

Sk Shu Paint 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
=( (5380.348 + 5070.516) / 2 ) / 1684.567*365 / 4
=5225.432 / 1684.567*365 / 4
=283.05

* 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 283.05 mean?
Sk Shu Paint Co (SHSE:603737) has a Days Payable of 283.05 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 Sk Shu Paint Co and its competitors. This is 52% above median its historical median of 186.20. Over the past decade, Sk Shu Paint Co's Days Payable has ranged from 108.82 to 256.78. According to the industry distribution chart, Sk Shu Paint Co ranks #74 out of 1553 companies in the Chemicals industry, placing it in the top 4.8%.
Is Sk Shu Paint Co's Days Payable too high?
Sk Shu Paint Co's current Days Payable of 283.05 is 52% above median its 10-year median of 186.20. Over the past 10 years, this metric has ranged from a low of 108.82 to a high of 256.78. The Chemicals industry median Days Payable is 59.87. Sk Shu Paint Co's value of 283.05 is 372.8% above this industry median. Based on the distribution chart, Sk Shu Paint Co ranks #74 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sk Shu Paint Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sk Shu Paint Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sk Shu Paint Co ranks #74 out of 1553 companies for Days Payable. This places Sk Shu Paint Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.87. Sk Shu Paint Co's value of 283.05 is 372.8% above this benchmark. Historically, Sk Shu Paint Co's own Days Payable has ranged from 108.82 to 256.78 over the past decade. While the company's 10-year median is 186.20 vs. the industry median of 59.87, Sk Shu Paint 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,553 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. Sk Shu Paint Co's current Days Payable of 283.05 is 372.8% 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 Sk Shu Paint Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sk Shu Paint Co's current Days Payable is 283.05, which is 52% above median its own 10-year median of 186.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sk Shu Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Sk Shu Paint Co (SHSE:603737) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.75, compared to a current price of ¥23.42 — trading 28.5% below its estimated fair value. The current Days Payable is 283.05, which is 52% above median its 10-year median of 186.20 and 372.8% above the Chemicals industry median of 59.87. Sk Shu Paint Co's overall GF Score™ is 74/100 with 2 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 Sk Shu Paint Co (SHSE:603737), the current Days Payable is 283.05 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 Sk Shu Paint Co (SHSE:603737) Overvalued in 2026?

Based on GuruFocus' analysis, Sk Shu Paint Co stock appears to be undervalued. The current stock price of ¥23.42 is trading 28.5% below its estimated GF Value™ of ¥32.75. GuruFocus considers Sk Shu Paint Co to be Modestly Undervalued.

Key valuation signals for SHSE:603737:

  • Days Payable: 283.05 (52% above median its 10-year median of 186.20)
  • GF Value™: ¥32.75 vs. price of ¥23.42 (28.5% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 372.8% above the Chemicals median (#74 of 1553)

No single metric tells the full story. See the SHSE:603737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sk Shu Paint Co Business Description

Address No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
74GF Score

Get the complete analysis for SHSE:603737

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

¥23.42
Price
¥32.75
GF Value