Wei Long Grape Wine Co (SHSE:603779) Days Payable: 150.70 (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:603779 Wei Long Grape Wine Co Ltd SHSE:603779
55 GF Score
Price ¥6.88
GF Value ¥6.88
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Wei Long Grape Wine Co Days Payable?

Wei Long Grape Wine Co SHSE:603779 -0.58% 55 Days Payable is 150.70 as of Mar. 2026, which is 3% above its 10-year median of 146.52. GuruFocus rates SHSE:603779 with a GF Score™ of 55/100 and a GF Value™ of ¥6.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Wei Long Grape Wine Co ranks better than 71.14% on this metric.

Wei Long Grape Wine Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥61.3 Mil. Wei Long Grape Wine Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥37.1 Mil. Hence, Wei Long Grape Wine Co's Days Payable for the three months ended in Mar. 2026 was 150.70.

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

SHSE:603779' s Days Payable Range Over the Past 10 Years
Min: 108.11   Med: 146.52   Max: 195.24
Current: 151.56

During the past 13 years, Wei Long Grape Wine Co's highest Days Payable was 195.24. The lowest was 108.11. And the median was 146.52.

SHSE:603779's Days Payable is ranked better than
71.14% of 201 companies
in the Beverages - Alcoholic industry
Industry Median: 81.26 vs SHSE:603779: 151.56

Wei Long Grape Wine Co's Days Payable increased from Mar. 2025 (145.59) to Mar. 2026 (150.70). It may suggest that Wei Long Grape Wine Co delayed paying its suppliers.


Wei Long Grape Wine Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wei Long Grape Wine 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.

Wei Long Grape Wine Co Days Payable Chart

Wei Long Grape Wine 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 114.54 112.66 157.94 148.16 144.88

Wei Long Grape Wine 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 145.59 167.21 214.09 111.17 150.70

SHSE:603779 vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Wei Long Grape Wine 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.


Wei Long Grape Wine Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wei Long Grape Wine Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wei Long Grape Wine Co's Days Payable falls into.


SHSE:603779
55GF Score
Wei Long Grape Wine Co Ltd SHSE:603779
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wei Long Grape Wine 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.

Wei Long Grape Wine 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
=( (75.887 + 66.747) / 2 ) / 179.669*365
=71.317 / 179.669*365
=144.88

Wei Long Grape Wine 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
=( (66.747 + 55.773) / 2 ) / 37.093*365 / 4
=61.26 / 37.093*365 / 4
=150.70

* 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 150.70 mean?
Wei Long Grape Wine Co (SHSE:603779) has a Days Payable of 150.70 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 Wei Long Grape Wine Co and its competitors. This is near median its historical median of 146.52. Over the past decade, Wei Long Grape Wine Co's Days Payable has ranged from 108.11 to 195.24. According to the industry distribution chart, Wei Long Grape Wine Co ranks #58 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 28.9%.
Is Wei Long Grape Wine Co's Days Payable too high?
Wei Long Grape Wine Co's current Days Payable of 150.70 is near median its 10-year median of 146.52. Over the past 10 years, this metric has ranged from a low of 108.11 to a high of 195.24. The Beverages - Alcoholic industry median Days Payable is 81.26. Wei Long Grape Wine Co's value of 150.70 is 85.5% above this industry median. Based on the distribution chart, Wei Long Grape Wine Co ranks #58 out of 201 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Wei Long Grape Wine Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wei Long Grape Wine Co's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Wei Long Grape Wine Co ranks #58 out of 201 companies for Days Payable. This puts Wei Long Grape Wine Co in the upper half of its industry. The industry median Days Payable is 81.26. Wei Long Grape Wine Co's value of 150.70 is 85.5% above this benchmark. Historically, Wei Long Grape Wine Co's own Days Payable has ranged from 108.11 to 195.24 over the past decade. While the company's 10-year median is 146.52 vs. the industry median of 81.26, Wei Long Grape Wine 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 81.26, based on 201 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. Wei Long Grape Wine Co's current Days Payable of 150.70 is 85.5% 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 Wei Long Grape Wine Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 81.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wei Long Grape Wine Co's current Days Payable is 150.70, which is near median its own 10-year median of 146.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wei Long Grape Wine Co stock overvalued right now?
Based on GuruFocus' analysis, Wei Long Grape Wine Co (SHSE:603779) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.88, compared to a current price of ¥6.88 — trading right at its estimated fair value. The current Days Payable is 150.70, which is near median its 10-year median of 146.52 and 85.5% above the Beverages - Alcoholic industry median of 81.26. Wei Long Grape Wine Co's overall GF Score™ is 55/100 with 4 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 Wei Long Grape Wine Co (SHSE:603779), the current Days Payable is 150.70 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 Wei Long Grape Wine Co (SHSE:603779) Overvalued in 2026?

Based on GuruFocus' analysis, Wei Long Grape Wine Co stock appears to be undervalued. The current stock price of ¥6.88 is trading 0% below its estimated GF Value™ of ¥6.88. GuruFocus considers Wei Long Grape Wine Co to be Fairly Valued.

Key valuation signals for SHSE:603779:

  • Days Payable: 150.70 (near median its 10-year median of 146.52)
  • GF Value™: ¥6.88 vs. price of ¥6.88 (0% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 85.5% above the Beverages - Alcoholic median (#58 of 201)

No single metric tells the full story. See the SHSE:603779 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wei Long Grape Wine Co Business Description

Address No. 567, Weilong Avenue, Lutou Town, Longkou City, Shandong Province, Yantai, CHN, 265704
Wei Long Grape Wine Co Ltd produces and sells wines in China. Its business scope includes wine grape cultivation, winemaking, bottling, and packaging. It offers organic, dry red, dry white, special grape, and green wines, as well as sweet wine, brandy, and sparkling wine. The company's reporting segments are wine production and sales, and agricultural and animal husbandry production. The majority of its revenue is generated from the wine production and sales segment, which is responsible for the production and external sales of organic wine, grape liquor, and traditional wine. The agricultural and animal husbandry production segment engages in grape and orange tree planting.
55GF Score

Get the complete analysis for SHSE:603779

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

¥6.88
Price
¥6.88
GF Value