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* 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.
Guangdong Songyang Recycle Resources Co Days Payable Chart
Guangdong Songyang Recycle Resources Co Annual Data
Guangdong Songyang Recycle Resources Co Days Payable Competitor Comparison
For the Paper & Paper Products subindustry, Guangdong Songyang Recycle Resources 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.
Guangdong Songyang Recycle Resources Co Days Payable vs Forest Products Industry
Guangdong Songyang Recycle Resources 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.
Guangdong Songyang Recycle Resources Co (SHSE:603863) has a Days Payable of 80.40 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 Guangdong Songyang Recycle Resources Co and its competitors. This is 79% above median its historical median of 44.81. Over the past decade, Guangdong Songyang Recycle Resources Co's Days Payable has ranged from 23.10 to 105.13. According to the industry distribution chart, Guangdong Songyang Recycle Resources Co ranks #57 out of 275 companies in the Forest Products industry, placing it in the top 20.7%.
Is Guangdong Songyang Recycle Resources Co's Days Payable too high?
Guangdong Songyang Recycle Resources Co's current Days Payable of 80.40 is 79% above median its 10-year median of 44.81. Over the past 10 years, this metric has ranged from a low of 23.10 to a high of 105.13. The Forest Products industry median Days Payable is 56.46. Guangdong Songyang Recycle Resources Co's value of 80.40 is 42.4% above this industry median. Based on the distribution chart, Guangdong Songyang Recycle Resources Co ranks #57 out of 275 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Songyang Recycle Resources Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songyang Recycle Resources Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Guangdong Songyang Recycle Resources Co ranks #57 out of 275 companies for Days Payable. This places Guangdong Songyang Recycle Resources Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.46. Guangdong Songyang Recycle Resources Co's value of 80.40 is 42.4% above this benchmark. Historically, Guangdong Songyang Recycle Resources Co's own Days Payable has ranged from 23.10 to 105.13 over the past decade. While the company's 10-year median is 44.81 vs. the industry median of 56.46, Guangdong Songyang Recycle Resources 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.46, based on 275 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. Guangdong Songyang Recycle Resources Co's current Days Payable of 80.40 is 42.4% 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 Guangdong Songyang Recycle Resources Co and its competitors. For the Forest Products industry, the median Days Payable is 56.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Songyang Recycle Resources Co's current Days Payable is 80.40, which is 79% above median its own 10-year median of 44.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songyang Recycle Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Songyang Recycle Resources Co (SHSE:603863) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.97, compared to a current price of ¥11.71 — trading 26.7% below its estimated fair value. The current Days Payable is 80.40, which is 79% above median its 10-year median of 44.81 and 42.4% above the Forest Products industry median of 56.46. Guangdong Songyang Recycle Resources Co's overall GF Score™ is 50/100 with 6 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 Guangdong Songyang Recycle Resources Co (SHSE:603863), the current Days Payable is 80.40 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 Guangdong Songyang Recycle Resources Co (SHSE:603863) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Songyang Recycle Resources Co stock appears to be undervalued.
The current stock price of ¥11.71 is trading 26.7% below its estimated GF Value™ of ¥15.97.
GuruFocus considers Guangdong Songyang Recycle Resources Co to be Modestly Undervalued.
Key valuation signals for SHSE:603863:
Days Payable: 80.40 (79% above median its 10-year median of 44.81)
GF Value™: ¥15.97 vs. price of ¥11.71 (26.7% below fair value)
Industry Position: 42.4% above the Forest Products median (#57 of 275)
No single metric tells the full story. See the SHSE:603863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Songyang Recycle Resources Co Business Description
Guangdong Songyang Recycle Resources Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of environmentally-friendly recycled paper.
50GF Score
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