Longxin (Changzhou) Smart Equipments Co (BJSE:920117) Days Payable: 109.07 (As of Jun. 2026) — 43% Below Median

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BJSE:920117 Longxin (Changzhou) Smart Equipments Co Ltd BJSE:920117
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What is Longxin (Changzhou) Smart Equipments Co Days Payable?

Longxin (Changzhou) Smart Equipments Co BJSE:920117 18 Days Payable is 109.07 as of Jun. 2026, which is 43% below its 10-year median of 190.06. GuruFocus rates BJSE:920117 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 3,004 Industrial Products companies, Longxin (Changzhou) Smart Equipments Co ranks better than 78.2% on this metric.

Longxin (Changzhou) Smart Equipments Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥321.1 Mil. Longxin (Changzhou) Smart Equipments Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥268.6 Mil. Hence, Longxin (Changzhou) Smart Equipments Co's Days Payable for the three months ended in Jun. 2026 was 109.07.

The historical rank and industry rank for Longxin (Changzhou) Smart Equipments Co's Days Payable or its related term are showing as below:

BJSE:920117' s Days Payable Range Over the Past 10 Years
Min: 161.56   Med: 190.06   Max: 320.92
Current: 161.56

During the past 4 years, Longxin (Changzhou) Smart Equipments Co's highest Days Payable was 320.92. The lowest was 161.56. And the median was 190.06.

BJSE:920117's Days Payable is ranked better than
78.2% of 3004 companies
in the Industrial Products industry
Industry Median: 78.565 vs BJSE:920117: 161.56

Longxin (Changzhou) Smart Equipments Co's Days Payable increased from Jun. 2025 (53.12) to Jun. 2026 (109.07). It may suggest that Longxin (Changzhou) Smart Equipments Co delayed paying its suppliers.


Longxin (Changzhou) Smart Equipments Co Days Payable Related Terms


Longxin (Changzhou) Smart Equipments Co Days Payable Historical Data

* Premium members only.

The historical data trend for Longxin (Changzhou) Smart Equipments 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.

Longxin (Changzhou) Smart Equipments Co Days Payable Chart

Longxin (Changzhou) Smart Equipments Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
320.92 213.77 161.71 166.34

Longxin (Changzhou) Smart Equipments Co Quarterly Data
Dec22 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 53.12 169.49 138.50 0.00 109.07

BJSE:920117 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Longxin (Changzhou) Smart Equipments 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.


Longxin (Changzhou) Smart Equipments Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Longxin (Changzhou) Smart Equipments Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Longxin (Changzhou) Smart Equipments Co's Days Payable falls into.


BJSE:920117
18GF Score
Longxin (Changzhou) Smart Equipments Co Ltd BJSE:920117
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Longxin (Changzhou) Smart Equipments 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.

Longxin (Changzhou) Smart Equipments 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
=( (138.71 + 233.166) / 2 ) / 407.993*365
=185.938 / 407.993*365
=166.34

Longxin (Changzhou) Smart Equipments 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 + 321.1) / 1 ) / 268.635*365 / 4
=321.1 / 268.635*365 / 4
=109.07

* 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 109.07 mean?
Longxin (Changzhou) Smart Equipments Co (BJSE:920117) has a Days Payable of 109.07 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 Longxin (Changzhou) Smart Equipments Co and its competitors. This is 43% below median its historical median of 190.06. Over the past decade, Longxin (Changzhou) Smart Equipments Co's Days Payable has ranged from 161.56 to 320.92. According to the industry distribution chart, Longxin (Changzhou) Smart Equipments Co ranks #655 out of 3004 companies in the Industrial Products industry, placing it in the top 21.8%.
Is Longxin (Changzhou) Smart Equipments Co's Days Payable too high?
Longxin (Changzhou) Smart Equipments Co's current Days Payable of 109.07 is 43% below median its 10-year median of 190.06. Over the past 10 years, this metric has ranged from a low of 161.56 to a high of 320.92. The Industrial Products industry median Days Payable is 78.57. Longxin (Changzhou) Smart Equipments Co's value of 109.07 is 38.8% above this industry median. Based on the distribution chart, Longxin (Changzhou) Smart Equipments Co ranks #655 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Longxin (Changzhou) Smart Equipments Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Longxin (Changzhou) Smart Equipments Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Longxin (Changzhou) Smart Equipments Co ranks #655 out of 3004 companies for Days Payable. This places Longxin (Changzhou) Smart Equipments Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.57. Longxin (Changzhou) Smart Equipments Co's value of 109.07 is 38.8% above this benchmark. Historically, Longxin (Changzhou) Smart Equipments Co's own Days Payable has ranged from 161.56 to 320.92 over the past decade. While the company's 10-year median is 190.06 vs. the industry median of 78.57, Longxin (Changzhou) Smart Equipments 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.57, based on 3,004 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. Longxin (Changzhou) Smart Equipments Co's current Days Payable of 109.07 is 38.8% 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 Longxin (Changzhou) Smart Equipments Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Longxin (Changzhou) Smart Equipments Co's current Days Payable is 109.07, which is 43% below median its own 10-year median of 190.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longxin (Changzhou) Smart Equipments Co stock overvalued right now?
Longxin (Changzhou) Smart Equipments Co (BJSE:920117) has a current Days Payable of 109.07. The current Days Payable is 109.07, which is 43% below median its 10-year median of 190.06 and 38.8% above the Industrial Products industry median of 78.57. Longxin (Changzhou) Smart Equipments Co's overall GF Score™ is 18/100 with 5 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 Longxin (Changzhou) Smart Equipments Co (BJSE:920117), the current Days Payable is 109.07 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.
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