Sichuan Changhong New Energy Technology Co (BJSE:920239) Days Payable: 183.63 (As of Mar. 2026) — Near Median

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BJSE:920239 Sichuan Changhong New Energy Technology Co Ltd BJSE:920239
75 GF Score
Price ¥21.05
GF Value ¥30.97
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Sichuan Changhong New Energy Technology Co Days Payable?

Sichuan Changhong New Energy Technology Co BJSE:920239 75 Days Payable is 183.63 as of Mar. 2026, which is 3% above its 10-year median of 178.96. GuruFocus rates BJSE:920239 with a GF Score™ of 75/100 and a GF Value™ of ¥30.97 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,995 Industrial Products companies, Sichuan Changhong New Energy Technology Co ranks better than 81% on this metric.

Sichuan Changhong New Energy Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,016 Mil. Sichuan Changhong New Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,002 Mil. Hence, Sichuan Changhong New Energy Technology Co's Days Payable for the three months ended in Mar. 2026 was 183.63.

The historical rank and industry rank for Sichuan Changhong New Energy Technology Co's Days Payable or its related term are showing as below:

BJSE:920239' s Days Payable Range Over the Past 10 Years
Min: 112.07   Med: 178.96   Max: 235.24
Current: 172.33

During the past 13 years, Sichuan Changhong New Energy Technology Co's highest Days Payable was 235.24. The lowest was 112.07. And the median was 178.96.

BJSE:920239's Days Payable is ranked better than
81% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs BJSE:920239: 172.33

Sichuan Changhong New Energy Technology Co's Days Payable increased from Mar. 2025 (171.38) to Mar. 2026 (183.63). It may suggest that Sichuan Changhong New Energy Technology Co delayed paying its suppliers.


Sichuan Changhong New Energy Technology Co Days Payable Related Terms


Sichuan Changhong New Energy Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sichuan Changhong New Energy 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.

Sichuan Changhong New Energy Technology Co Days Payable Chart

Sichuan Changhong New Energy Technology 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 190.08 221.70 235.24 183.06 171.10

Sichuan Changhong New Energy Technology 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 171.38 165.80 165.62 180.02 183.63

BJSE:920239 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Sichuan Changhong New Energy 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.


Sichuan Changhong New Energy Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Changhong New Energy Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Changhong New Energy Technology Co's Days Payable falls into.


BJSE:920239
75GF Score
Sichuan Changhong New Energy Technology Co Ltd BJSE:920239
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Changhong New Energy 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.

Sichuan Changhong New Energy 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
=( (1506.846 + 2002.198) / 2 ) / 3742.841*365
=1754.522 / 3742.841*365
=171.10

Sichuan Changhong New Energy Technology 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
=( (2002.198 + 2028.995) / 2 ) / 1001.605*365 / 4
=2015.5965 / 1001.605*365 / 4
=183.63

* 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 183.63 mean?
Sichuan Changhong New Energy Technology Co (BJSE:920239) has a Days Payable of 183.63 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 Sichuan Changhong New Energy Technology Co and its competitors. This is near median its historical median of 178.96. Over the past decade, Sichuan Changhong New Energy Technology Co's Days Payable has ranged from 112.07 to 235.24. According to the industry distribution chart, Sichuan Changhong New Energy Technology Co ranks #569 out of 2995 companies in the Industrial Products industry, placing it in the top 19%.
Is Sichuan Changhong New Energy Technology Co's Days Payable too high?
Sichuan Changhong New Energy Technology Co's current Days Payable of 183.63 is near median its 10-year median of 178.96. Over the past 10 years, this metric has ranged from a low of 112.07 to a high of 235.24. The Industrial Products industry median Days Payable is 78.05. Sichuan Changhong New Energy Technology Co's value of 183.63 is 135.3% above this industry median. Based on the distribution chart, Sichuan Changhong New Energy Technology Co ranks #569 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Changhong New Energy Technology Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Changhong New Energy Technology Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sichuan Changhong New Energy Technology Co ranks #569 out of 2995 companies for Days Payable. This places Sichuan Changhong New Energy Technology Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Sichuan Changhong New Energy Technology Co's value of 183.63 is 135.3% above this benchmark. Historically, Sichuan Changhong New Energy Technology Co's own Days Payable has ranged from 112.07 to 235.24 over the past decade. While the company's 10-year median is 178.96 vs. the industry median of 78.05, Sichuan Changhong New Energy 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 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. Sichuan Changhong New Energy Technology Co's current Days Payable of 183.63 is 135.3% 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 Sichuan Changhong New Energy Technology 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. Sichuan Changhong New Energy Technology Co's current Days Payable is 183.63, which is near median its own 10-year median of 178.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Changhong New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Changhong New Energy Technology Co (BJSE:920239) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥30.97, compared to a current price of ¥21.05 — trading 32% below its estimated fair value. The current Days Payable is 183.63, which is near median its 10-year median of 178.96 and 135.3% above the Industrial Products industry median of 78.05. Sichuan Changhong New Energy Technology Co's overall GF Score™ is 75/100 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 Sichuan Changhong New Energy Technology Co (BJSE:920239), the current Days Payable is 183.63 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 Sichuan Changhong New Energy Technology Co (BJSE:920239) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Changhong New Energy Technology Co stock appears to be undervalued. The current stock price of ¥21.05 is trading 32% below its estimated GF Value™ of ¥30.97. GuruFocus considers Sichuan Changhong New Energy Technology Co to be Significantly Undervalued.

Key valuation signals for BJSE:920239:

  • Days Payable: 183.63 (near median its 10-year median of 178.96)
  • GF Value™: ¥30.97 vs. price of ¥21.05 (32% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 135.3% above the Industrial Products median (#569 of 2995)

No single metric tells the full story. See the BJSE:920239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Changhong New Energy Technology Co Business Description

Address No. 36 Xinping Avenue, Yongxing Town, Sichuan Province, Mianyang, CHN, 621000
Sichuan Changhong New Energy Technology Co Ltd engages in the production and sales of alkaline manganese environmentally friendly batteries. It generates revenue from products U10 alkaline battery; U8 alkaline battery.
75GF Score

Get the complete analysis for BJSE:920239

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

¥21.05
Price
¥30.97
GF Value