Qingdao Taide Automobile Bearing Co (BJSE:920378) Days Payable: 109.15 (As of Mar. 2026) — 13% Below Median

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BJSE:920378 Qingdao Taide Automobile Bearing Co Ltd BJSE:920378
71 GF Score
Price ¥7.13
GF Value ¥9.02
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Qingdao Taide Automobile Bearing Co Days Payable?

Qingdao Taide Automobile Bearing Co BJSE:920378 71 Days Payable is 109.15 as of Mar. 2026, which is 13% below its 10-year median of 126.02. GuruFocus rates BJSE:920378 with a GF Score™ of 71/100 and a GF Value™ of ¥9.02 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Qingdao Taide Automobile Bearing Co ranks better than 67.76% on this metric.

Qingdao Taide Automobile Bearing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥83.1 Mil. Qingdao Taide Automobile Bearing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥69.5 Mil. Hence, Qingdao Taide Automobile Bearing Co's Days Payable for the three months ended in Mar. 2026 was 109.15.

The historical rank and industry rank for Qingdao Taide Automobile Bearing Co's Days Payable or its related term are showing as below:

BJSE:920378' s Days Payable Range Over the Past 10 Years
Min: 94.01   Med: 126.02   Max: 160.71
Current: 94.01

During the past 13 years, Qingdao Taide Automobile Bearing Co's highest Days Payable was 160.71. The lowest was 94.01. And the median was 126.02.

BJSE:920378's Days Payable is ranked better than
67.76% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.6 vs BJSE:920378: 94.01

Qingdao Taide Automobile Bearing Co's Days Payable declined from Mar. 2025 (119.18) to Mar. 2026 (109.15). It may suggest that Qingdao Taide Automobile Bearing Co accelerated paying its suppliers.


Qingdao Taide Automobile Bearing Co Days Payable Related Terms


Qingdao Taide Automobile Bearing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Qingdao Taide Automobile Bearing 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.

Qingdao Taide Automobile Bearing Co Days Payable Chart

Qingdao Taide Automobile Bearing 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 125.43 134.01 110.20 113.40 98.13

Qingdao Taide Automobile Bearing 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 119.18 93.15 98.85 79.21 109.15

BJSE:920378 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Qingdao Taide Automobile Bearing 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.


Qingdao Taide Automobile Bearing Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qingdao Taide Automobile Bearing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Qingdao Taide Automobile Bearing Co's Days Payable falls into.


BJSE:920378
71GF Score
Qingdao Taide Automobile Bearing Co Ltd BJSE:920378
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingdao Taide Automobile Bearing 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.

Qingdao Taide Automobile Bearing 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
=( (82.154 + 84.278) / 2 ) / 309.54*365
=83.216 / 309.54*365
=98.13

Qingdao Taide Automobile Bearing 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
=( (84.278 + 82) / 2 ) / 69.506*365 / 4
=83.139 / 69.506*365 / 4
=109.15

* 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 109.15 mean?
Qingdao Taide Automobile Bearing Co (BJSE:920378) has a Days Payable of 109.15 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 Qingdao Taide Automobile Bearing Co and its competitors. This is 13% below median its historical median of 126.02. Over the past decade, Qingdao Taide Automobile Bearing Co's Days Payable has ranged from 94.01 to 160.71. According to the industry distribution chart, Qingdao Taide Automobile Bearing Co ranks #422 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 32.2%.
Is Qingdao Taide Automobile Bearing Co's Days Payable too high?
Qingdao Taide Automobile Bearing Co's current Days Payable of 109.15 is 13% below median its 10-year median of 126.02. Over the past 10 years, this metric has ranged from a low of 94.01 to a high of 160.71. The Vehicles & Parts industry median Days Payable is 66.60. Qingdao Taide Automobile Bearing Co's value of 109.15 is 63.9% above this industry median. Based on the distribution chart, Qingdao Taide Automobile Bearing Co ranks #422 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Qingdao Taide Automobile Bearing Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Taide Automobile Bearing Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Qingdao Taide Automobile Bearing Co ranks #422 out of 1309 companies for Days Payable. This puts Qingdao Taide Automobile Bearing Co in the upper half of its industry. The industry median Days Payable is 66.60. Qingdao Taide Automobile Bearing Co's value of 109.15 is 63.9% above this benchmark. Historically, Qingdao Taide Automobile Bearing Co's own Days Payable has ranged from 94.01 to 160.71 over the past decade. While the company's 10-year median is 126.02 vs. the industry median of 66.60, Qingdao Taide Automobile Bearing 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 66.60, 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. Qingdao Taide Automobile Bearing Co's current Days Payable of 109.15 is 63.9% 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 Qingdao Taide Automobile Bearing Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Taide Automobile Bearing Co's current Days Payable is 109.15, which is 13% below median its own 10-year median of 126.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Taide Automobile Bearing Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Taide Automobile Bearing Co (BJSE:920378) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.02, compared to a current price of ¥7.13 — trading 21% below its estimated fair value. The current Days Payable is 109.15, which is 13% below median its 10-year median of 126.02 and 63.9% above the Vehicles & Parts industry median of 66.60. Qingdao Taide Automobile Bearing Co's overall GF Score™ is 71/100 with 7 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 Qingdao Taide Automobile Bearing Co (BJSE:920378), the current Days Payable is 109.15 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 Qingdao Taide Automobile Bearing Co (BJSE:920378) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Taide Automobile Bearing Co stock appears to be undervalued. The current stock price of ¥7.13 is trading 21% below its estimated GF Value™ of ¥9.02. GuruFocus considers Qingdao Taide Automobile Bearing Co to be Modestly Undervalued.

Key valuation signals for BJSE:920378:

  • Days Payable: 109.15 (13% below median its 10-year median of 126.02)
  • GF Value™: ¥9.02 vs. price of ¥7.13 (21% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 63.9% above the Vehicles & Parts median (#422 of 1309)

No single metric tells the full story. See the BJSE:920378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Taide Automobile Bearing Co Business Description

Address No. 10 Xinghua Road, Licang District, Shandong Province, Qingdao City, CHN, 266041
Qingdao Taide Automobile Bearing Co Ltd engages in the manufacturing and sales of high-precision special bearings for automobiles. It mainly produces high-quality automotive engine gear with specially used bearings: Automobile Air-condition compressor electromagnetic clutch bearing, tension bearing and unit for automotive engine, idler bearing, and unit, automotive engine intelligence fan clutch bearing, automotive silicone oil fan clutch bearing, automotive water pump bearing, precision bearing used in automotive engine auxiliary device, mower bearing.
71GF Score

Get the complete analysis for BJSE:920378

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

¥7.13
Price
¥9.02
GF Value