Shanghai Bailian Group Co (SHSE:900923) Days Payable: 118.41 (As of Mar. 2026) — 41% Above Median

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SHSE:900923 Shanghai Bailian Group Co Ltd SHSE:900923
38 GF Score
Price $0.57
GF Value $0.52
Valuation Fairly Valued
! 7 Warning Signs
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What is Shanghai Bailian Group Co Days Payable?

Shanghai Bailian Group Co SHSE:900923 -2.07% 38 Days Payable is 118.41 as of Mar. 2026, which is 41% above its 10-year median of 83.93. GuruFocus rates SHSE:900923 with a GF Score™ of 38/100 and a GF Value™ of $0.52 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,103 Retail - Cyclical companies, Shanghai Bailian Group Co ranks better than 83.41% on this metric.

Shanghai Bailian Group Co's average Accounts Payable for the three months ended in Mar. 2026 was $988 Mil. Shanghai Bailian Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $762 Mil. Hence, Shanghai Bailian Group Co's Days Payable for the three months ended in Mar. 2026 was 118.41.

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

SHSE:900923' s Days Payable Range Over the Past 10 Years
Min: 55.48   Med: 83.93   Max: 132.05
Current: 119.89

During the past 13 years, Shanghai Bailian Group Co's highest Days Payable was 132.05. The lowest was 55.48. And the median was 83.93.

SHSE:900923's Days Payable is ranked better than
83.41% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 51.47 vs SHSE:900923: 119.89

Shanghai Bailian Group Co's Days Payable increased from Mar. 2025 (93.04) to Mar. 2026 (118.41). It may suggest that Shanghai Bailian Group Co delayed paying its suppliers.


Shanghai Bailian Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Bailian Group 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 Bailian Group Co Days Payable Chart

Shanghai Bailian Group 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 81.94 92.38 108.39 121.07 129.96

Shanghai Bailian Group 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 93.04 111.98 112.50 132.81 118.41

SHSE:900923 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Shanghai Bailian Group 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 Bailian Group Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Bailian Group Co's Days Payable distribution charts can be found below:

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


SHSE:900923
38GF Score
Shanghai Bailian Group Co Ltd SHSE:900923
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Bailian Group 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 Bailian Group 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
=( (900.941 + 980.989) / 2 ) / 2642.842*365
=940.965 / 2642.842*365
=129.96

Shanghai Bailian Group 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
=( (980.989 + 995.415) / 2 ) / 761.507*365 / 4
=988.202 / 761.507*365 / 4
=118.41

* 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 118.41 mean?
Shanghai Bailian Group Co (SHSE:900923) has a Days Payable of 118.41 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 Bailian Group Co and its competitors. This is 41% above median its historical median of 83.93. Over the past decade, Shanghai Bailian Group Co's Days Payable has ranged from 55.48 to 132.05. According to the industry distribution chart, Shanghai Bailian Group Co ranks #183 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 16.6%.
Is Shanghai Bailian Group Co's Days Payable too high?
Shanghai Bailian Group Co's current Days Payable of 118.41 is 41% above median its 10-year median of 83.93. Over the past 10 years, this metric has ranged from a low of 55.48 to a high of 132.05. The Retail - Cyclical industry median Days Payable is 51.47. Shanghai Bailian Group Co's value of 118.41 is 130.1% above this industry median. Based on the distribution chart, Shanghai Bailian Group Co ranks #183 out of 1103 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Bailian Group Co has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Bailian Group Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Shanghai Bailian Group Co ranks #183 out of 1103 companies for Days Payable. This places Shanghai Bailian Group Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.47. Shanghai Bailian Group Co's value of 118.41 is 130.1% above this benchmark. Historically, Shanghai Bailian Group Co's own Days Payable has ranged from 55.48 to 132.05 over the past decade. While the company's 10-year median is 83.93 vs. the industry median of 51.47, Shanghai Bailian Group 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 - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.47, based on 1,103 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 Bailian Group Co's current Days Payable of 118.41 is 130.1% 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 Shanghai Bailian Group Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Bailian Group Co's current Days Payable is 118.41, which is 41% above median its own 10-year median of 83.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Bailian Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Bailian Group Co (SHSE:900923) is currently considered Fairly Valued. The stock's GF Value™ is $0.52, compared to a current price of $0.57 — trading 9.4% above its estimated fair value. The current Days Payable is 118.41, which is 41% above median its 10-year median of 83.93 and 130.1% above the Retail - Cyclical industry median of 51.47. Shanghai Bailian Group Co's overall GF Score™ is 38/100 with 7 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 Bailian Group Co (SHSE:900923), the current Days Payable is 118.41 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 Bailian Group Co (SHSE:900923) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Bailian Group Co stock appears to be overvalued. The current stock price of $0.57 is trading 9.4% above its estimated GF Value™ of $0.52. GuruFocus considers Shanghai Bailian Group Co to be Fairly Valued.

Key valuation signals for SHSE:900923:

  • Days Payable: 118.41 (41% above median its 10-year median of 83.93)
  • GF Value™: $0.52 vs. price of $0.57 (9.4% above fair value)
  • GF Score™: 38/100 with 7 warning signs
  • Industry Position: 130.1% above the Retail - Cyclical median (#183 of 1103)

No single metric tells the full story. See the SHSE:900923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Bailian Group Co Business Description

Other Exchanges 600827:China
Address Room 1101, 11 / F, 501 Zhang Yang Road, Pudong New Area, Shanghai, CHN, 200120
Shanghai Bailian Group Co Ltd through its subsidiaries, operates department stores, shopping malls, supermarkets, convenience stores, specialty retail stores, and outlets in China. It also offers non-ferrous and ferrous metals, as well as automotive, chemical light, electrical, timber and fuel products. In addition, the company is involved in the e-commerce, logistics, consumer services, electronic information, and other fields.
38GF Score

Get the complete analysis for SHSE:900923

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

$0.57
Price
$0.52
GF Value