QI Automotive Co (BJSE:920242) Days Payable: 110.43 (As of Mar. 2026) — 15% Below Median

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BJSE:920242 QI Automotive Co Ltd BJSE:920242
81 GF Score
Price ¥13.41
GF Value ¥20.26
Valuation Significantly Undervalued
! 2 Warning Signs
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What is QI Automotive Co Days Payable?

QI Automotive Co BJSE:920242 81 Days Payable is 110.43 as of Mar. 2026, which is 15% below its 10-year median of 129.28. GuruFocus rates BJSE:920242 with a GF Score™ of 81/100 and a GF Value™ of ¥20.26 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,312 Vehicles & Parts companies, QI Automotive Co ranks better than 74.39% on this metric.

QI Automotive Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥172.0 Mil. QI Automotive Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥142.1 Mil. Hence, QI Automotive Co's Days Payable for the three months ended in Mar. 2026 was 110.43.

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

BJSE:920242' s Days Payable Range Over the Past 10 Years
Min: 108.13   Med: 129.28   Max: 173.81
Current: 115.49

During the past 13 years, QI Automotive Co's highest Days Payable was 173.81. The lowest was 108.13. And the median was 129.28.

BJSE:920242's Days Payable is ranked better than
74.39% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs BJSE:920242: 115.49

QI Automotive Co's Days Payable declined from Mar. 2025 (156.54) to Mar. 2026 (110.43). It may suggest that QI Automotive Co accelerated paying its suppliers.


QI Automotive Co Days Payable Historical Data

* Premium members only.

The historical data trend for QI Automotive 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.

QI Automotive Co Days Payable Chart

QI Automotive 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 108.13 128.39 126.16 130.16 128.09

QI Automotive 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 156.54 126.65 103.37 112.11 110.43

BJSE:920242 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, QI Automotive 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.


QI Automotive Co Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where QI Automotive Co's Days Payable falls into.


BJSE:920242
81GF Score
QI Automotive Co Ltd BJSE:920242
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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QI Automotive 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.

QI Automotive 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
=( (208.211 + 179.116) / 2 ) / 551.84*365
=193.6635 / 551.84*365
=128.09

QI Automotive 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
=( (179.116 + 164.818) / 2 ) / 142.102*365 / 4
=171.967 / 142.102*365 / 4
=110.43

* 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 110.43 mean?
QI Automotive Co (BJSE:920242) has a Days Payable of 110.43 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 QI Automotive Co and its competitors. This is 15% below median its historical median of 129.28. Over the past decade, QI Automotive Co's Days Payable has ranged from 108.13 to 173.81. According to the industry distribution chart, QI Automotive Co ranks #336 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 25.6%.
Is QI Automotive Co's Days Payable too high?
QI Automotive Co's current Days Payable of 110.43 is 15% below median its 10-year median of 129.28. Over the past 10 years, this metric has ranged from a low of 108.13 to a high of 173.81. The Vehicles & Parts industry median Days Payable is 66.61. QI Automotive Co's value of 110.43 is 65.8% above this industry median. Based on the distribution chart, QI Automotive Co ranks #336 out of 1312 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, QI Automotive Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QI Automotive Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, QI Automotive Co ranks #336 out of 1312 companies for Days Payable. This puts QI Automotive Co in the upper half of its industry. The industry median Days Payable is 66.61. QI Automotive Co's value of 110.43 is 65.8% above this benchmark. Historically, QI Automotive Co's own Days Payable has ranged from 108.13 to 173.81 over the past decade. While the company's 10-year median is 129.28 vs. the industry median of 66.61, QI Automotive 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 66.61, based on 1,312 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. QI Automotive Co's current Days Payable of 110.43 is 65.8% 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 QI Automotive Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QI Automotive Co's current Days Payable is 110.43, which is 15% below median its own 10-year median of 129.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QI Automotive Co stock overvalued right now?
Based on GuruFocus' analysis, QI Automotive Co (BJSE:920242) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.26, compared to a current price of ¥13.41 — trading 33.8% below its estimated fair value. The current Days Payable is 110.43, which is 15% below median its 10-year median of 129.28 and 65.8% above the Vehicles & Parts industry median of 66.61. QI Automotive Co's overall GF Score™ is 81/100 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 QI Automotive Co (BJSE:920242), the current Days Payable is 110.43 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 QI Automotive Co (BJSE:920242) Overvalued in 2026?

Based on GuruFocus' analysis, QI Automotive Co stock appears to be undervalued. The current stock price of ¥13.41 is trading 33.8% below its estimated GF Value™ of ¥20.26. GuruFocus considers QI Automotive Co to be Significantly Undervalued.

Key valuation signals for BJSE:920242:

  • Days Payable: 110.43 (15% below median its 10-year median of 129.28)
  • GF Value™: ¥20.26 vs. price of ¥13.41 (33.8% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 65.8% above the Vehicles & Parts median (#336 of 1312)

No single metric tells the full story. See the BJSE:920242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QI Automotive Co Business Description

Address No. 1 Luanhe Road, Jiaozhou Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266300
QI Automotive Co Ltd is involved in the development, design, and sales of non-consumable parts for the automotive aftermarket, while also providing clients with comprehensive supply chain management services. Its primary products include braking systems, transmission systems, electrical and electronic systems, steering systems, engine systems, automotive electronics (such as blind-spot monitoring sensors, active air intake grilles, and pedestrian impact sensors), and other automotive systems.
81GF Score

Get the complete analysis for BJSE:920242

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

¥13.41
Price
¥20.26
GF Value