Ganso Co (SHSE:603886) Days Payable: 59.06 (As of Mar. 2026) — 39% Above Median

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SHSE:603886 Ganso Co Ltd SHSE:603886
77 GF Score
Price ¥10.36
GF Value ¥14.38
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Ganso Co Days Payable?

Ganso Co SHSE:603886 -4.95% 77 Days Payable is 59.06 as of Mar. 2026, which is 39% above its 10-year median of 42.60. GuruFocus rates SHSE:603886 with a GF Score™ of 77/100 and a GF Value™ of ¥14.38 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 305 Retail - Defensive companies, Ganso Co ranks better than 66.56% on this metric.

Ganso Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥84 Mil. Ganso Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥130 Mil. Hence, Ganso Co's Days Payable for the three months ended in Mar. 2026 was 59.06.

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

SHSE:603886' s Days Payable Range Over the Past 10 Years
Min: 37.76   Med: 42.6   Max: 54.61
Current: 54.61

During the past 13 years, Ganso Co's highest Days Payable was 54.61. The lowest was 37.76. And the median was 42.60.

SHSE:603886's Days Payable is ranked better than
66.56% of 305 companies
in the Retail - Defensive industry
Industry Median: 43.57 vs SHSE:603886: 54.61

Ganso Co's Days Payable increased from Mar. 2025 (50.57) to Mar. 2026 (59.06). It may suggest that Ganso Co delayed paying its suppliers.


Ganso Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ganso 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.

Ganso Co Days Payable Chart

Ganso 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 44.53 42.75 40.28 42.44 43.53

Ganso 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 50.57 42.95 71.32 66.63 59.06

SHSE:603886 vs KR, SFM: Days Payable Comparison

For the Grocery Stores subindustry, Ganso 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.


Ganso Co Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ganso Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ganso Co's Days Payable falls into.


SHSE:603886
77GF Score
Ganso Co Ltd SHSE:603886
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganso 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.

Ganso 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
=( (87.954 + 100.568) / 2 ) / 790.293*365
=94.261 / 790.293*365
=43.53

Ganso 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
=( (100.568 + 67.753) / 2 ) / 130.034*365 / 4
=84.1605 / 130.034*365 / 4
=59.06

* 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 59.06 mean?
Ganso Co (SHSE:603886) has a Days Payable of 59.06 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 Ganso Co and its competitors. This is 39% above median its historical median of 42.60. Over the past decade, Ganso Co's Days Payable has ranged from 37.76 to 54.61. According to the industry distribution chart, Ganso Co ranks #102 out of 305 companies in the Retail - Defensive industry, placing it in the top 33.4%.
Is Ganso Co's Days Payable too high?
Ganso Co's current Days Payable of 59.06 is 39% above median its 10-year median of 42.60. Over the past 10 years, this metric has ranged from a low of 37.76 to a high of 54.61. The Retail - Defensive industry median Days Payable is 43.57. Ganso Co's value of 59.06 is 35.6% above this industry median. Based on the distribution chart, Ganso Co ranks #102 out of 305 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Ganso Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganso Co's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ganso Co ranks #102 out of 305 companies for Days Payable. This puts Ganso Co in the upper half of its industry. The industry median Days Payable is 43.57. Ganso Co's value of 59.06 is 35.6% above this benchmark. Historically, Ganso Co's own Days Payable has ranged from 37.76 to 54.61 over the past decade. While the company's 10-year median is 42.60 vs. the industry median of 43.57, Ganso 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 43.57, based on 305 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. Ganso Co's current Days Payable of 59.06 is 35.6% 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 Ganso Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganso Co's current Days Payable is 59.06, which is 39% above median its own 10-year median of 42.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganso Co stock overvalued right now?
Based on GuruFocus' analysis, Ganso Co (SHSE:603886) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.38, compared to a current price of ¥10.36 — trading 28% below its estimated fair value. The current Days Payable is 59.06, which is 39% above median its 10-year median of 42.60 and 35.6% above the Retail - Defensive industry median of 43.57. Ganso Co's overall GF Score™ is 77/100 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 Ganso Co (SHSE:603886), the current Days Payable is 59.06 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 Ganso Co (SHSE:603886) Overvalued in 2026?

Based on GuruFocus' analysis, Ganso Co stock appears to be undervalued. The current stock price of ¥10.36 is trading 28% below its estimated GF Value™ of ¥14.38. GuruFocus considers Ganso Co to be Modestly Undervalued.

Key valuation signals for SHSE:603886:

  • Days Payable: 59.06 (39% above median its 10-year median of 42.60)
  • GF Value™: ¥14.38 vs. price of ¥10.36 (28% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 35.6% above the Retail - Defensive median (#102 of 305)

No single metric tells the full story. See the SHSE:603886 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganso Co Business Description

Address No. 6088 Jiasong Middle Road, Qingpu District, Zhaoxiang Town, Shanghai, CHN, 201703
Ganso Co Ltd is a China based company, operates in the food manufacturing business. It is engaged in manufacturing and retailing of pastries.
77GF Score

Get the complete analysis for SHSE:603886

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

¥10.36
Price
¥14.38
GF Value