Qiao Luming Technology Co (BJSE:920079) Days Payable: 127.53 (As of Jun. 2026) — 35% Below Median

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BJSE:920079 Qiao Luming Technology Co Ltd BJSE:920079
20 GF Score
Price ¥13.48
! 2 Warning Signs
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What is Qiao Luming Technology Co Days Payable?

Qiao Luming Technology Co BJSE:920079 20 Days Payable is 127.53 as of Jun. 2026, which is 35% below its 10-year median of 197.41. GuruFocus rates BJSE:920079 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Qiao Luming Technology Co ranks better than 94.88% on this metric.

Qiao Luming Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥1,468 Mil. Qiao Luming Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥1,051 Mil. Hence, Qiao Luming Technology Co's Days Payable for the three months ended in Jun. 2026 was 127.53.

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

BJSE:920079' s Days Payable Range Over the Past 10 Years
Min: 83.82   Med: 197.41   Max: 239.08
Current: 230.22

During the past 6 years, Qiao Luming Technology Co's highest Days Payable was 239.08. The lowest was 83.82. And the median was 197.41.

BJSE:920079's Days Payable is ranked better than
94.88% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 65.84 vs BJSE:920079: 230.22

Qiao Luming Technology Co's Days Payable increased from Jun. 2025 (121.61) to Jun. 2026 (127.53). It may suggest that Qiao Luming Technology Co delayed paying its suppliers.


Qiao Luming Technology Co Days Payable Historical Data

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The historical data trend for Qiao Luming Technology 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.

Qiao Luming Technology Co Days Payable Chart

Qiao Luming Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 152.73 201.86 196.42 198.39 239.08

Qiao Luming Technology Co Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 121.61 0.00 59.49 0.00 127.53

BJSE:920079 vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Qiao Luming Technology 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.


Qiao Luming Technology Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qiao Luming Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Qiao Luming Technology Co's Days Payable falls into.


BJSE:920079
20GF Score
Qiao Luming Technology Co Ltd BJSE:920079
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qiao Luming Technology 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.

Qiao Luming Technology 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
=( (1592.284 + 1577.494) / 2 ) / 2419.672*365
=1584.889 / 2419.672*365
=239.08

Qiao Luming Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0 + 1468.259) / 1 ) / 1050.545*365 / 4
=1468.259 / 1050.545*365 / 4
=127.53

* 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 127.53 mean?
Qiao Luming Technology Co (BJSE:920079) has a Days Payable of 127.53 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Qiao Luming Technology Co and its competitors. This is 35% below median its historical median of 197.41. Over the past decade, Qiao Luming Technology Co's Days Payable has ranged from 83.82 to 239.08. According to the industry distribution chart, Qiao Luming Technology Co ranks #67 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 5.1%.
Is Qiao Luming Technology Co's Days Payable too high?
Qiao Luming Technology Co's current Days Payable of 127.53 is 35% below median its 10-year median of 197.41. Over the past 10 years, this metric has ranged from a low of 83.82 to a high of 239.08. The Vehicles & Parts industry median Days Payable is 65.84. Qiao Luming Technology Co's value of 127.53 is 93.7% above this industry median. Based on the distribution chart, Qiao Luming Technology Co ranks #67 out of 1309 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Qiao Luming Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Qiao Luming Technology Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Qiao Luming Technology Co ranks #67 out of 1309 companies for Days Payable. This places Qiao Luming Technology Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.84. Qiao Luming Technology Co's value of 127.53 is 93.7% above this benchmark. Historically, Qiao Luming Technology Co's own Days Payable has ranged from 83.82 to 239.08 over the past decade. While the company's 10-year median is 197.41 vs. the industry median of 65.84, Qiao Luming Technology 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 65.84, based on 1,309 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. Qiao Luming Technology Co's current Days Payable of 127.53 is 93.7% 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 Qiao Luming Technology Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 65.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qiao Luming Technology Co's current Days Payable is 127.53, which is 35% below median its own 10-year median of 197.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qiao Luming Technology Co stock overvalued right now?
Qiao Luming Technology Co (BJSE:920079) has a current Days Payable of 127.53. The current Days Payable is 127.53, which is 35% below median its 10-year median of 197.41 and 93.7% above the Vehicles & Parts industry median of 65.84. Qiao Luming Technology Co's overall GF Score™ is 20/100 with 2 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 Qiao Luming Technology Co (BJSE:920079), the current Days Payable is 127.53 as of Jun. 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.

Qiao Luming Technology Co Business Description

Qiao Luming Technology Co Ltd is engaged in the research, development, production and sales of automotive interior parts.
20GF Score

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