Bondex Supply Chain Management Co (SHSE:603836) Days Payable: 38.83 (As of Mar. 2026) — Near Median

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SHSE:603836 Bondex Supply Chain Management Co Ltd SHSE:603836
74 GF Score
Price ¥7.67
GF Value ¥9.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bondex Supply Chain Management Co Days Payable?

Bondex Supply Chain Management Co SHSE:603836 -2.91% 74 Days Payable is 38.83 as of Mar. 2026, which is 8% below its 10-year median of 42.21. GuruFocus rates SHSE:603836 with a GF Score™ of 74/100 and a GF Value™ of ¥9.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 969 Transportation companies, Bondex Supply Chain Management Co ranks better than 52.73% on this metric.

Bondex Supply Chain Management Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥800 Mil. Bondex Supply Chain Management Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,879 Mil. Hence, Bondex Supply Chain Management Co's Days Payable for the three months ended in Mar. 2026 was 38.83.

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

SHSE:603836' s Days Payable Range Over the Past 10 Years
Min: 33.24   Med: 42.21   Max: 70.19
Current: 40.65

During the past 9 years, Bondex Supply Chain Management Co's highest Days Payable was 70.19. The lowest was 33.24. And the median was 42.21.

SHSE:603836's Days Payable is ranked better than
52.73% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs SHSE:603836: 40.65

Bondex Supply Chain Management Co's Days Payable declined from Mar. 2025 (44.19) to Mar. 2026 (38.83). It may suggest that Bondex Supply Chain Management Co accelerated paying its suppliers.


Bondex Supply Chain Management Co Days Payable Related Terms


Bondex Supply Chain Management Co Days Payable Historical Data

* Premium members only.

The historical data trend for Bondex Supply Chain Management 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.

Bondex Supply Chain Management Co Days Payable Chart

Bondex Supply Chain Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 35.68 33.24 50.33 35.27 40.40

Bondex Supply Chain Management 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 44.19 45.04 40.81 39.06 38.83

SHSE:603836 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Bondex Supply Chain Management 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.


Bondex Supply Chain Management Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Bondex Supply Chain Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bondex Supply Chain Management Co's Days Payable falls into.


SHSE:603836
74GF Score
Bondex Supply Chain Management Co Ltd SHSE:603836
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bondex Supply Chain Management 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.

Bondex Supply Chain Management 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
=( (987.687 + 816.564) / 2 ) / 8150.531*365
=902.1255 / 8150.531*365
=40.40

Bondex Supply Chain Management 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
=( (816.564 + 783.043) / 2 ) / 1879.355*365 / 4
=799.8035 / 1879.355*365 / 4
=38.83

* 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 38.83 mean?
Bondex Supply Chain Management Co (SHSE:603836) has a Days Payable of 38.83 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 Bondex Supply Chain Management Co and its competitors. This is near median its historical median of 42.21. Over the past decade, Bondex Supply Chain Management Co's Days Payable has ranged from 33.24 to 70.19. According to the industry distribution chart, Bondex Supply Chain Management Co ranks #458 out of 969 companies in the Transportation industry, placing it in the top 47.3%.
Is Bondex Supply Chain Management Co's Days Payable too high?
Bondex Supply Chain Management Co's current Days Payable of 38.83 is near median its 10-year median of 42.21. Over the past 10 years, this metric has ranged from a low of 33.24 to a high of 70.19. The Transportation industry median Days Payable is 38.61. Bondex Supply Chain Management Co's value of 38.83 is 0.6% above this industry median. Based on the distribution chart, Bondex Supply Chain Management Co ranks #458 out of 969 companies in the Transportation industry, which is above the industry midpoint. Overall, Bondex Supply Chain Management 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 Bondex Supply Chain Management Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Bondex Supply Chain Management Co ranks #458 out of 969 companies for Days Payable. This puts Bondex Supply Chain Management Co in the upper half of its industry. The industry median Days Payable is 38.61. Bondex Supply Chain Management Co's value of 38.83 is 0.6% above this benchmark. Historically, Bondex Supply Chain Management Co's own Days Payable has ranged from 33.24 to 70.19 over the past decade. While the company's 10-year median is 42.21 vs. the industry median of 38.61, Bondex Supply Chain Management 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 Transportation company?
The median Days Payable among Transportation companies is 38.61, based on 969 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. Bondex Supply Chain Management Co's current Days Payable of 38.83 is 0.6% 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 Bondex Supply Chain Management Co and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bondex Supply Chain Management Co's current Days Payable is 38.83, which is near median its own 10-year median of 42.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bondex Supply Chain Management Co stock overvalued right now?
Based on GuruFocus' analysis, Bondex Supply Chain Management Co (SHSE:603836) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.26, compared to a current price of ¥7.67 — trading 17.2% below its estimated fair value. The current Days Payable is 38.83, which is near median its 10-year median of 42.21 and 0.6% above the Transportation industry median of 38.61. Bondex Supply Chain Management Co's overall GF Score™ is 74/100 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 Bondex Supply Chain Management Co (SHSE:603836), the current Days Payable is 38.83 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 Bondex Supply Chain Management Co (SHSE:603836) Overvalued in 2026?

Based on GuruFocus' analysis, Bondex Supply Chain Management Co stock appears to be undervalued. The current stock price of ¥7.67 is trading 17.2% below its estimated GF Value™ of ¥9.26. GuruFocus considers Bondex Supply Chain Management Co to be Modestly Undervalued.

Key valuation signals for SHSE:603836:

  • Days Payable: 38.83 (near median its 10-year median of 42.21)
  • GF Value™: ¥9.26 vs. price of ¥7.67 (17.2% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 0.6% above the Transportation median (#458 of 969)

No single metric tells the full story. See the SHSE:603836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bondex Supply Chain Management Co Business Description

Address No. 6 Shandong Road, Room 1008, 10th Floor, Block B, China Resources Building, Shinan District, Shandong Province, Qingdao, CHN, 266071
Bondex Supply Chain Management Co Ltd offers logistic services. The service is divided into two categories: general logistics and industry logistics. Under General logistics, it offers a complete range of services including air and sea transport, railway transport, domestic logistics, customs affairs, and others; and under Industry logistics, the company offer tailormade services including door-door delivery, customs affairs management, warehousing and distribution, bonded services and others.
74GF Score

Get the complete analysis for SHSE:603836

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

¥7.67
Price
¥9.26
GF Value