Shanghai Qifan Cable Co (SHSE:605222) Days Payable: 32.45 (As of Mar. 2026) — Near Median

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SHSE:605222 Shanghai Qifan Cable Co Ltd SHSE:605222
77 GF Score
Price ¥17.70
GF Value ¥18.62
Valuation Fairly Valued
! 6 Warning Signs
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What is Shanghai Qifan Cable Co Days Payable?

Shanghai Qifan Cable Co SHSE:605222 -3.49% 77 Days Payable is 32.45 as of Mar. 2026, which is 8% below its 10-year median of 35.12. GuruFocus rates SHSE:605222 with a GF Score™ of 77/100 and a GF Value™ of ¥18.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,995 Industrial Products companies, Shanghai Qifan Cable Co ranks worse than 83.97% on this metric.

Shanghai Qifan Cable Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,734 Mil. Shanghai Qifan Cable Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥4,876 Mil. Hence, Shanghai Qifan Cable Co's Days Payable for the three months ended in Mar. 2026 was 32.45.

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

SHSE:605222' s Days Payable Range Over the Past 10 Years
Min: 22.21   Med: 35.12   Max: 109.56
Current: 33.78

During the past 10 years, Shanghai Qifan Cable Co's highest Days Payable was 109.56. The lowest was 22.21. And the median was 35.12.

SHSE:605222's Days Payable is ranked worse than
83.97% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:605222: 33.78

Shanghai Qifan Cable Co's Days Payable declined from Mar. 2025 (50.62) to Mar. 2026 (32.45). It may suggest that Shanghai Qifan Cable Co accelerated paying its suppliers.


Shanghai Qifan Cable Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Qifan Cable 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.

Shanghai Qifan Cable Co Days Payable Chart

Shanghai Qifan Cable 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 22.21 24.51 22.29 29.89 36.11

Shanghai Qifan Cable 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 50.62 32.78 35.16 37.18 32.45

SHSE:605222 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Shanghai Qifan Cable 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.


Shanghai Qifan Cable Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Qifan Cable Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Qifan Cable Co's Days Payable falls into.


SHSE:605222
77GF Score
Shanghai Qifan Cable Co Ltd SHSE:605222
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Qifan Cable 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.

Shanghai Qifan Cable 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
=( (2118.133 + 1917.819) / 2 ) / 20396.223*365
=2017.976 / 20396.223*365
=36.11

Shanghai Qifan Cable 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
=( (1917.819 + 1550.068) / 2 ) / 4875.887*365 / 4
=1733.9435 / 4875.887*365 / 4
=32.45

* 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 32.45 mean?
Shanghai Qifan Cable Co (SHSE:605222) has a Days Payable of 32.45 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 Shanghai Qifan Cable Co and its competitors. This is near median its historical median of 35.12. Over the past decade, Shanghai Qifan Cable Co's Days Payable has ranged from 22.21 to 109.56. According to the industry distribution chart, Shanghai Qifan Cable Co ranks #2515 out of 2995 companies in the Industrial Products industry, placing it in the top 84%.
Is Shanghai Qifan Cable Co's Days Payable too high?
Shanghai Qifan Cable Co's current Days Payable of 32.45 is near median its 10-year median of 35.12. Over the past 10 years, this metric has ranged from a low of 22.21 to a high of 109.56. The Industrial Products industry median Days Payable is 78.05. Shanghai Qifan Cable Co's value of 32.45 is 58.4% below this industry median. Based on the distribution chart, Shanghai Qifan Cable Co ranks #2515 out of 2995 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Qifan Cable Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Qifan Cable Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shanghai Qifan Cable Co ranks #2515 out of 2995 companies for Days Payable. This places Shanghai Qifan Cable Co in the lower half of its industry. The industry median Days Payable is 78.05. Shanghai Qifan Cable Co's value of 32.45 is 58.4% below this benchmark. Historically, Shanghai Qifan Cable Co's own Days Payable has ranged from 22.21 to 109.56 over the past decade. While the company's 10-year median is 35.12 vs. the industry median of 78.05, Shanghai Qifan Cable Co has consistently been below 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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. Shanghai Qifan Cable Co's current Days Payable of 32.45 is 58.4% below 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 Shanghai Qifan Cable Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Qifan Cable Co's current Days Payable is 32.45, which is near median its own 10-year median of 35.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Qifan Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Qifan Cable Co (SHSE:605222) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.62, compared to a current price of ¥17.70 — trading 4.9% below its estimated fair value. The current Days Payable is 32.45, which is near median its 10-year median of 35.12 and 58.4% below the Industrial Products industry median of 78.05. Shanghai Qifan Cable 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 Shanghai Qifan Cable Co (SHSE:605222), the current Days Payable is 32.45 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 Shanghai Qifan Cable Co (SHSE:605222) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Qifan Cable Co stock appears to be undervalued. The current stock price of ¥17.70 is trading 4.9% below its estimated GF Value™ of ¥18.62. GuruFocus considers Shanghai Qifan Cable Co to be Fairly Valued.

Key valuation signals for SHSE:605222:

  • Days Payable: 32.45 (near median its 10-year median of 35.12)
  • GF Value™: ¥18.62 vs. price of ¥17.70 (4.9% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 58.4% below the Industrial Products median (#2515 of 2995)

No single metric tells the full story. See the SHSE:605222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Qifan Cable Co Business Description

Address No. 238 Zhenkang Road, Zhangyan Town, Jinshan District, Shanghai, CHN, 201514
Shanghai Qifan Cable Co Ltd is engaged in wire and cable production, sales and service. The company's products cover low voltage power cable, medium voltage power cable, extra high voltage power cable, control cable, instrumentation cable, building wire, flexible rubber cable, fire rated cable, renewable cable, industrial cable, Lan cable, coaxial cable. Its products are categorized into Building Wire, Building Wire, Power Distribution, Fire Resistant Cable, Renewable Energy, Mining, Oil and Gas, and Data Communication.
77GF Score

Get the complete analysis for SHSE:605222

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

¥17.70
Price
¥18.62
GF Value