Jason Furniture (Hangzhou) Co (SHSE:603816) Days Payable: 90.03 (As of Mar. 2026) — 54% Above Median

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SHSE:603816 Jason Furniture (Hangzhou) Co Ltd SHSE:603816
91 GF Score
Price ¥23.83
GF Value ¥32.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jason Furniture (Hangzhou) Co Days Payable?

Jason Furniture (Hangzhou) Co SHSE:603816 -2.01% 91 Days Payable is 90.03 as of Mar. 2026, which is 54% above its 10-year median of 58.59. GuruFocus rates SHSE:603816 with a GF Score™ of 91/100 and a GF Value™ of ¥32.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Jason Furniture (Hangzhou) Co ranks better than 54.33% on this metric.

Jason Furniture (Hangzhou) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,297 Mil. Jason Furniture (Hangzhou) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,342 Mil. Hence, Jason Furniture (Hangzhou) Co's Days Payable for the three months ended in Mar. 2026 was 90.03.

The historical rank and industry rank for Jason Furniture (Hangzhou) Co's Days Payable or its related term are showing as below:

SHSE:603816' s Days Payable Range Over the Past 10 Years
Min: 50.05   Med: 58.59   Max: 71.35
Current: 71.35

During the past 13 years, Jason Furniture (Hangzhou) Co's highest Days Payable was 71.35. The lowest was 50.05. And the median was 58.59.

SHSE:603816's Days Payable is ranked better than
54.33% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs SHSE:603816: 71.35

Jason Furniture (Hangzhou) Co's Days Payable increased from Mar. 2025 (47.13) to Mar. 2026 (90.03). It may suggest that Jason Furniture (Hangzhou) Co delayed paying its suppliers.


Jason Furniture (Hangzhou) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co Days Payable Chart

Jason Furniture (Hangzhou) 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 50.05 59.32 51.40 50.09 70.03

Jason Furniture (Hangzhou) 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 47.13 53.97 63.28 84.08 90.03

SHSE:603816 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.


Jason Furniture (Hangzhou) Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Days Payable falls into.


SHSE:603816
91GF Score
Jason Furniture (Hangzhou) Co Ltd SHSE:603816
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) 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
=( (1784.022 + 3390.556) / 2 ) / 13485.288*365
=2587.289 / 13485.288*365
=70.03

Jason Furniture (Hangzhou) 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
=( (3390.556 + 3204.366) / 2 ) / 3342.06*365 / 4
=3297.461 / 3342.06*365 / 4
=90.03

* 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 90.03 mean?
Jason Furniture (Hangzhou) Co (SHSE:603816) has a Days Payable of 90.03 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 Jason Furniture (Hangzhou) Co and its competitors. This is 54% above median its historical median of 58.59. Over the past decade, Jason Furniture (Hangzhou) Co's Days Payable has ranged from 50.05 to 71.35. According to the industry distribution chart, Jason Furniture (Hangzhou) Co ranks #190 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 45.7%.
Is Jason Furniture (Hangzhou) Co's Days Payable too high?
Jason Furniture (Hangzhou) Co's current Days Payable of 90.03 is 54% above median its 10-year median of 58.59. Over the past 10 years, this metric has ranged from a low of 50.05 to a high of 71.35. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Jason Furniture (Hangzhou) Co's value of 90.03 is 41.2% above this industry median. Based on the distribution chart, Jason Furniture (Hangzhou) Co ranks #190 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Jason Furniture (Hangzhou) Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jason Furniture (Hangzhou) Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Jason Furniture (Hangzhou) Co ranks #190 out of 416 companies for Days Payable. This puts Jason Furniture (Hangzhou) Co in the upper half of its industry. The industry median Days Payable is 63.75. Jason Furniture (Hangzhou) Co's value of 90.03 is 41.2% above this benchmark. Historically, Jason Furniture (Hangzhou) Co's own Days Payable has ranged from 50.05 to 71.35 over the past decade. While the company's 10-year median is 58.59 vs. the industry median of 63.75, Jason Furniture (Hangzhou) 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Jason Furniture (Hangzhou) Co's current Days Payable of 90.03 is 41.2% 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 Jason Furniture (Hangzhou) Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jason Furniture (Hangzhou) Co's current Days Payable is 90.03, which is 54% above median its own 10-year median of 58.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jason Furniture (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co (SHSE:603816) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.67, compared to a current price of ¥23.83 — trading 27.1% below its estimated fair value. The current Days Payable is 90.03, which is 54% above median its 10-year median of 58.59 and 41.2% above the Furnishings, Fixtures & Appliances industry median of 63.75. Jason Furniture (Hangzhou) Co's overall GF Score™ is 91/100 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 Jason Furniture (Hangzhou) Co (SHSE:603816), the current Days Payable is 90.03 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 Jason Furniture (Hangzhou) Co (SHSE:603816) Overvalued in 2026?

Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co stock appears to be undervalued. The current stock price of ¥23.83 is trading 27.1% below its estimated GF Value™ of ¥32.67. GuruFocus considers Jason Furniture (Hangzhou) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603816:

  • Days Payable: 90.03 (54% above median its 10-year median of 58.59)
  • GF Value™: ¥32.67 vs. price of ¥23.83 (27.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 41.2% above the Furnishings, Fixtures & Appliances median (#190 of 416)

No single metric tells the full story. See the SHSE:603816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jason Furniture (Hangzhou) Co Business Description

Address No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
91GF Score

Get the complete analysis for SHSE:603816

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

¥23.83
Price
¥32.67
GF Value