Shanghai Jinjiang International Travel Co (SHSE:900929) Days Payable: 76.84 (As of Mar. 2026) — 75% Above Median

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SHSE:900929 Shanghai Jinjiang International Travel Co Ltd SHSE:900929
53 GF Score
Price $0.94
GF Value $1.50
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Shanghai Jinjiang International Travel Co Days Payable?

Shanghai Jinjiang International Travel Co SHSE:900929 +0.43% 53 Days Payable is 76.84 as of Mar. 2026, which is 75% above its 10-year median of 43.80. GuruFocus rates SHSE:900929 with a GF Score™ of 53/100 and a GF Value™ of $1.50 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 779 Travel & Leisure companies, Shanghai Jinjiang International Travel Co ranks worse than 51.6% on this metric.

Shanghai Jinjiang International Travel Co's average Accounts Payable for the three months ended in Mar. 2026 was $15.4 Mil. Shanghai Jinjiang International Travel Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $18.3 Mil. Hence, Shanghai Jinjiang International Travel Co's Days Payable for the three months ended in Mar. 2026 was 76.84.

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

SHSE:900929' s Days Payable Range Over the Past 10 Years
Min: 18.64   Med: 43.8   Max: 110
Current: 55.33

During the past 13 years, Shanghai Jinjiang International Travel Co's highest Days Payable was 110.00. The lowest was 18.64. And the median was 43.80.

SHSE:900929's Days Payable is ranked worse than
51.6% of 779 companies
in the Travel & Leisure industry
Industry Median: 57.32 vs SHSE:900929: 55.33

Shanghai Jinjiang International Travel Co's Days Payable declined from Mar. 2025 (92.27) to Mar. 2026 (76.84). It may suggest that Shanghai Jinjiang International Travel Co accelerated paying its suppliers.


Shanghai Jinjiang International Travel Co Days Payable Related Terms


Shanghai Jinjiang International Travel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Jinjiang International Travel 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 Jinjiang International Travel Co Days Payable Chart

Shanghai Jinjiang International Travel 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 69.12 106.71 41.17 46.43 48.52

Shanghai Jinjiang International Travel 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 92.27 56.11 69.95 39.25 76.84

SHSE:900929 vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Shanghai Jinjiang International Travel 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 Jinjiang International Travel Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jinjiang International Travel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Jinjiang International Travel Co's Days Payable falls into.


SHSE:900929
53GF Score
Shanghai Jinjiang International Travel Co Ltd SHSE:900929
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Jinjiang International Travel 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 Jinjiang International Travel 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
=( (14.231 + 15.298) / 2 ) / 111.078*365
=14.7645 / 111.078*365
=48.52

Shanghai Jinjiang International Travel 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
=( (15.298 + 15.594) / 2 ) / 18.343*365 / 4
=15.446 / 18.343*365 / 4
=76.84

* 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 76.84 mean?
Shanghai Jinjiang International Travel Co (SHSE:900929) has a Days Payable of 76.84 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 Jinjiang International Travel Co and its competitors. This is 75% above median its historical median of 43.80. Over the past decade, Shanghai Jinjiang International Travel Co's Days Payable has ranged from 18.64 to 110.00. According to the industry distribution chart, Shanghai Jinjiang International Travel Co ranks #402 out of 779 companies in the Travel & Leisure industry, placing it in the top 51.6%.
Is Shanghai Jinjiang International Travel Co's Days Payable too high?
Shanghai Jinjiang International Travel Co's current Days Payable of 76.84 is 75% above median its 10-year median of 43.80. Over the past 10 years, this metric has ranged from a low of 18.64 to a high of 110.00. The Travel & Leisure industry median Days Payable is 57.32. Shanghai Jinjiang International Travel Co's value of 76.84 is 34.1% above this industry median. Based on the distribution chart, Shanghai Jinjiang International Travel Co ranks #402 out of 779 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Shanghai Jinjiang International Travel Co has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jinjiang International Travel Co's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shanghai Jinjiang International Travel Co ranks #402 out of 779 companies for Days Payable. This places Shanghai Jinjiang International Travel Co in the lower half of its industry. The industry median Days Payable is 57.32. Shanghai Jinjiang International Travel Co's value of 76.84 is 34.1% above this benchmark. Historically, Shanghai Jinjiang International Travel Co's own Days Payable has ranged from 18.64 to 110.00 over the past decade. While the company's 10-year median is 43.80 vs. the industry median of 57.32, Shanghai Jinjiang International Travel 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.32, based on 779 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 Jinjiang International Travel Co's current Days Payable of 76.84 is 34.1% 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 Jinjiang International Travel Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jinjiang International Travel Co's current Days Payable is 76.84, which is 75% above median its own 10-year median of 43.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jinjiang International Travel Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jinjiang International Travel Co (SHSE:900929) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.50, compared to a current price of $0.94 — trading 37.7% below its estimated fair value. The current Days Payable is 76.84, which is 75% above median its 10-year median of 43.80 and 34.1% above the Travel & Leisure industry median of 57.32. Shanghai Jinjiang International Travel Co's overall GF Score™ is 53/100 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 Jinjiang International Travel Co (SHSE:900929), the current Days Payable is 76.84 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 Jinjiang International Travel Co (SHSE:900929) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Jinjiang International Travel Co stock appears to be undervalued. The current stock price of $0.94 is trading 37.7% below its estimated GF Value™ of $1.50. GuruFocus considers Shanghai Jinjiang International Travel Co to be Significantly Undervalued.

Key valuation signals for SHSE:900929:

  • Days Payable: 76.84 (75% above median its 10-year median of 43.80)
  • GF Value™: $1.50 vs. price of $0.94 (37.7% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 34.1% above the Travel & Leisure median (#402 of 779)

No single metric tells the full story. See the SHSE:900929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Jinjiang International Travel Co Business Description

Address No. 100 Yan'an East Road, Lianyi Building, 27th Floor, Shanghai, CHN, 200002
Shanghai Jinjiang International Travel Co Ltd is mainly engaged in tourism services, exhibition, and business travel, and cultural tourism destination operation business, organizing inbound tourism for overseas tourists, domestic tourism and outbound tourism for Chinese citizens, and providing sightseeing, leisure and vacation, conference and exhibition, tourism consulting, scenic area management, tourism development project planning consulting and other services. The Company sells travel products with "Jinjiang Tourism" as the main brand, and provides conference and exhibition services with "Jinjiang Convention and Exhibition" as the main brand.
53GF Score

Get the complete analysis for SHSE:900929

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

$0.94
Price
$1.50
GF Value