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Toly Bread CoSHSE:603866 -1.74%67 Days Payable is 57.97 as of Mar. 2026, which is 59% above its 10-year median of 36.41. GuruFocus rates SHSE:603866 with a GF Score™ of 67/100 and a GF Value™ of ¥5.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 304 Retail - Defensive companies, Toly Bread Co ranks better than 60.86% on this metric.
The historical rank and industry rank for Toly Bread Co's Days Payable or its related term are showing as below:
SHSE:603866'
s Days Payable Range Over the Past 10 Years
Min: 31 Med: 36.41 Max: 51.67
Current: 51.67
During the past 13 years, Toly Bread Co's highest Days Payable was 51.67. The lowest was 31.00. And the median was 36.41.
SHSE:603866's Days Payable is ranked better than 60.86% of 304
companies
in the Retail - Defensive industry
Industry Median: 43.755
vs SHSE:603866: 51.67
Toly Bread Co's Days Payable
increased
from Mar. 2025 (56.17) to Mar. 2026 (57.97).
It may suggest that Toly Bread Codelayed paying its suppliers.
Toly Bread Co Days Payable Related Terms
Toly Bread Co Days Payable Historical Data
* Premium members only.
The historical data trend for Toly Bread 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.
For the Grocery Stores subindustry, Toly Bread 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.
Toly Bread Co Days Payable vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Toly Bread Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Toly Bread Co's Days Payable falls into.
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.
Toly Bread Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Toly Bread Co (SHSE:603866) has a Days Payable of 57.97 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 Toly Bread Co and its competitors. This is 59% above median its historical median of 36.41. Over the past decade, Toly Bread Co's Days Payable has ranged from 31.00 to 51.67. According to the industry distribution chart, Toly Bread Co ranks #119 out of 304 companies in the Retail - Defensive industry, placing it in the top 39.1%.
Is Toly Bread Co's Days Payable too high?
Toly Bread Co's current Days Payable of 57.97 is 59% above median its 10-year median of 36.41. Over the past 10 years, this metric has ranged from a low of 31.00 to a high of 51.67. The Retail - Defensive industry median Days Payable is 43.76. Toly Bread Co's value of 57.97 is 32.5% above this industry median. Based on the distribution chart, Toly Bread Co ranks #119 out of 304 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Toly Bread Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toly Bread Co's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Toly Bread Co ranks #119 out of 304 companies for Days Payable. This puts Toly Bread Co in the upper half of its industry. The industry median Days Payable is 43.76. Toly Bread Co's value of 57.97 is 32.5% above this benchmark. Historically, Toly Bread Co's own Days Payable has ranged from 31.00 to 51.67 over the past decade. While the company's 10-year median is 36.41 vs. the industry median of 43.76, Toly Bread 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.76, based on 304 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. Toly Bread Co's current Days Payable of 57.97 is 32.5% 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 Toly Bread Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toly Bread Co's current Days Payable is 57.97, which is 59% above median its own 10-year median of 36.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toly Bread Co stock overvalued right now?
Based on GuruFocus' analysis, Toly Bread Co (SHSE:603866) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.35, compared to a current price of ¥3.96 — trading 26% below its estimated fair value. The current Days Payable is 57.97, which is 59% above median its 10-year median of 36.41 and 32.5% above the Retail - Defensive industry median of 43.76. Toly Bread Co's overall GF Score™ is 67/100 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 Toly Bread Co (SHSE:603866), the current Days Payable is 57.97 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 Toly Bread Co (SHSE:603866) Overvalued in 2026?
Based on GuruFocus' analysis, Toly Bread Co stock appears to be undervalued.
The current stock price of ¥3.96 is trading 26% below its estimated GF Value™ of ¥5.35.
GuruFocus considers Toly Bread Co to be Modestly Undervalued.
Key valuation signals for SHSE:603866:
Days Payable: 57.97 (59% above median its 10-year median of 36.41)
GF Value™: ¥5.35 vs. price of ¥3.96 (26% below fair value)
Industry Position: 32.5% above the Retail - Defensive median (#119 of 304)
No single metric tells the full story. See the SHSE:603866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toly Bread Co Ltd is a China-based company engaged in the production, processing, and sale of baked goods such as bread, cakes, moon cakes, and dumplings. Its products portfolio includes peach and plum, peach bread and peach moon cake.
67GF Score
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