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What is Shenzhen Ellassay Fashion Co Days Payable?
Shenzhen Ellassay Fashion CoSHSE:603808 +2.28%82 Days Payable is 119.24 as of Mar. 2026, which is 45% above its 10-year median of 82.47. GuruFocus rates SHSE:603808 with a GF Score™ of 82/100 and a GF Value™ of ¥8.11 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Shenzhen Ellassay Fashion Co ranks better than 78.75% on this metric.
The historical rank and industry rank for Shenzhen Ellassay Fashion Co's Days Payable or its related term are showing as below:
SHSE:603808'
s Days Payable Range Over the Past 10 Years
Min: 69.31 Med: 82.47 Max: 112.56
Current: 107.42
During the past 13 years, Shenzhen Ellassay Fashion Co's highest Days Payable was 112.56. The lowest was 69.31. And the median was 82.47.
SHSE:603808's Days Payable is ranked better than 78.75% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.86
vs SHSE:603808: 107.42
* 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.
SHSE:603808 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Shenzhen Ellassay Fashion 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.
Shenzhen Ellassay Fashion Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhen Ellassay Fashion Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shenzhen Ellassay Fashion Co's Days Payable falls into.
Shenzhen Ellassay Fashion 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.
* 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.
Shenzhen Ellassay Fashion Co (SHSE:603808) has a Days Payable of 119.24 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 Shenzhen Ellassay Fashion Co and its competitors. This is 45% above median its historical median of 82.47. Over the past decade, Shenzhen Ellassay Fashion Co's Days Payable has ranged from 69.31 to 112.56. According to the industry distribution chart, Shenzhen Ellassay Fashion Co ranks #217 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.3%.
Is Shenzhen Ellassay Fashion Co's Days Payable too high?
Shenzhen Ellassay Fashion Co's current Days Payable of 119.24 is 45% above median its 10-year median of 82.47. Over the past 10 years, this metric has ranged from a low of 69.31 to a high of 112.56. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.86. Shenzhen Ellassay Fashion Co's value of 119.24 is 121.4% above this industry median. Based on the distribution chart, Shenzhen Ellassay Fashion Co ranks #217 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Ellassay Fashion Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Ellassay Fashion Co's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shenzhen Ellassay Fashion Co ranks #217 out of 1021 companies for Days Payable. This places Shenzhen Ellassay Fashion Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.86. Shenzhen Ellassay Fashion Co's value of 119.24 is 121.4% above this benchmark. Historically, Shenzhen Ellassay Fashion Co's own Days Payable has ranged from 69.31 to 112.56 over the past decade. While the company's 10-year median is 82.47 vs. the industry median of 53.86, Shenzhen Ellassay Fashion 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.86, based on 1,021 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. Shenzhen Ellassay Fashion Co's current Days Payable of 119.24 is 121.4% 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 Shenzhen Ellassay Fashion Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Ellassay Fashion Co's current Days Payable is 119.24, which is 45% above median its own 10-year median of 82.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Ellassay Fashion Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Ellassay Fashion Co (SHSE:603808) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.11, compared to a current price of ¥8.54 — trading 5.3% above its estimated fair value. The current Days Payable is 119.24, which is 45% above median its 10-year median of 82.47 and 121.4% above the Manufacturing - Apparel & Accessories industry median of 53.86. Shenzhen Ellassay Fashion Co's overall GF Score™ is 82/100 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 Shenzhen Ellassay Fashion Co (SHSE:603808), the current Days Payable is 119.24 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 Shenzhen Ellassay Fashion Co (SHSE:603808) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Ellassay Fashion Co stock appears to be overvalued.
The current stock price of ¥8.54 is trading 5.3% above its estimated GF Value™ of ¥8.11.
GuruFocus considers Shenzhen Ellassay Fashion Co to be Fairly Valued.
Key valuation signals for SHSE:603808:
Days Payable: 119.24 (45% above median its 10-year median of 82.47)
GF Value™: ¥8.11 vs. price of ¥8.54 (5.3% above fair value)
Industry Position: 121.4% above the Manufacturing - Apparel & Accessories median (#217 of 1021)
No single metric tells the full story. See the SHSE:603808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Ellassay Fashion Co Ltd is engaged in designing, manufacturing, distribution, and retail of women's apparel. It's a China-based firm which has its own brands Ellassay, Laurel, IRO Paris, ED Hardy, Vivienne Tam.
82GF Score
Get the complete analysis for SHSE:603808
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