Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) Days Payable: 431.49 (As of Jun. 2026) — 208% Above Median

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BJSE:920810 Liaoning Chunguang Pharmaceutical Equipment Corp Ltd BJSE:920810
56 GF Score
Price ¥9.16
GF Value ¥8.11
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Liaoning Chunguang Pharmaceutical Equipment Days Payable?

Liaoning Chunguang Pharmaceutical Equipment BJSE:920810 56 Days Payable is 431.49 as of Jun. 2026, which is 208% above its 10-year median of 140.21. GuruFocus rates BJSE:920810 with a GF Score™ of 56/100 and a GF Value™ of ¥8.11 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,002 Industrial Products companies, Liaoning Chunguang Pharmaceutical Equipment ranks better than 93.3% on this metric.

Liaoning Chunguang Pharmaceutical Equipment's average Accounts Payable for the three months ended in Jun. 2026 was ¥77.0 Mil. Liaoning Chunguang Pharmaceutical Equipment's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥16.3 Mil. Hence, Liaoning Chunguang Pharmaceutical Equipment's Days Payable for the three months ended in Jun. 2026 was 431.49.

The historical rank and industry rank for Liaoning Chunguang Pharmaceutical Equipment's Days Payable or its related term are showing as below:

BJSE:920810' s Days Payable Range Over the Past 10 Years
Min: 88.12   Med: 140.21   Max: 284.77
Current: 284.77

During the past 12 years, Liaoning Chunguang Pharmaceutical Equipment's highest Days Payable was 284.77. The lowest was 88.12. And the median was 140.21.

BJSE:920810's Days Payable is ranked better than
93.3% of 3002 companies
in the Industrial Products industry
Industry Median: 78.565 vs BJSE:920810: 284.77

Liaoning Chunguang Pharmaceutical Equipment's Days Payable increased from Jun. 2025 (313.21) to Jun. 2026 (431.49). It may suggest that Liaoning Chunguang Pharmaceutical Equipment delayed paying its suppliers.


Liaoning Chunguang Pharmaceutical Equipment Days Payable Related Terms


Liaoning Chunguang Pharmaceutical Equipment Days Payable Historical Data

* Premium members only.

The historical data trend for Liaoning Chunguang Pharmaceutical Equipment'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.

Liaoning Chunguang Pharmaceutical Equipment Days Payable Chart

Liaoning Chunguang Pharmaceutical Equipment 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 94.20 88.12 93.02 235.22 278.40

Liaoning Chunguang Pharmaceutical Equipment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 313.21 255.11 224.18 316.64 431.49

BJSE:920810 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Liaoning Chunguang Pharmaceutical Equipment'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.


Liaoning Chunguang Pharmaceutical Equipment Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Liaoning Chunguang Pharmaceutical Equipment's Days Payable distribution charts can be found below:

* The bar in red indicates where Liaoning Chunguang Pharmaceutical Equipment's Days Payable falls into.


BJSE:920810
56GF Score
Liaoning Chunguang Pharmaceutical Equipment Corp Ltd BJSE:920810
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liaoning Chunguang Pharmaceutical Equipment 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.

Liaoning Chunguang Pharmaceutical Equipment'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
=( (55.054 + 86.676) / 2 ) / 92.908*365
=70.865 / 92.908*365
=278.40

Liaoning Chunguang Pharmaceutical Equipment'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
=( (87.798 + 66.298) / 2 ) / 16.294*365 / 4
=77.048 / 16.294*365 / 4
=431.49

* 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 431.49 mean?
Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) has a Days Payable of 431.49 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 Liaoning Chunguang Pharmaceutical Equipment and its competitors. This is 208% above median its historical median of 140.21. Over the past decade, Liaoning Chunguang Pharmaceutical Equipment's Days Payable has ranged from 88.12 to 284.77. According to the industry distribution chart, Liaoning Chunguang Pharmaceutical Equipment ranks #201 out of 3002 companies in the Industrial Products industry, placing it in the top 6.7%.
Is Liaoning Chunguang Pharmaceutical Equipment's Days Payable too high?
Liaoning Chunguang Pharmaceutical Equipment's current Days Payable of 431.49 is 208% above median its 10-year median of 140.21. Over the past 10 years, this metric has ranged from a low of 88.12 to a high of 284.77. The Industrial Products industry median Days Payable is 78.57. Liaoning Chunguang Pharmaceutical Equipment's value of 431.49 is 449.2% above this industry median. Based on the distribution chart, Liaoning Chunguang Pharmaceutical Equipment ranks #201 out of 3002 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Liaoning Chunguang Pharmaceutical Equipment has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Chunguang Pharmaceutical Equipment's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Liaoning Chunguang Pharmaceutical Equipment ranks #201 out of 3002 companies for Days Payable. This places Liaoning Chunguang Pharmaceutical Equipment in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.57. Liaoning Chunguang Pharmaceutical Equipment's value of 431.49 is 449.2% above this benchmark. Historically, Liaoning Chunguang Pharmaceutical Equipment's own Days Payable has ranged from 88.12 to 284.77 over the past decade. While the company's 10-year median is 140.21 vs. the industry median of 78.57, Liaoning Chunguang Pharmaceutical Equipment 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 3,002 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. Liaoning Chunguang Pharmaceutical Equipment's current Days Payable of 431.49 is 449.2% 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 Liaoning Chunguang Pharmaceutical Equipment 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. Liaoning Chunguang Pharmaceutical Equipment's current Days Payable is 431.49, which is 208% above median its own 10-year median of 140.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Chunguang Pharmaceutical Equipment stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.11, compared to a current price of ¥9.16 — trading 12.9% above its estimated fair value. The current Days Payable is 431.49, which is 208% above median its 10-year median of 140.21 and 449.2% above the Industrial Products industry median of 78.57. Liaoning Chunguang Pharmaceutical Equipment's overall GF Score™ is 56/100 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 Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810), the current Days Payable is 431.49 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.

Is Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) Overvalued in 2026?

Based on GuruFocus' analysis, Liaoning Chunguang Pharmaceutical Equipment stock appears to be overvalued. The current stock price of ¥9.16 is trading 12.9% above its estimated GF Value™ of ¥8.11. GuruFocus considers Liaoning Chunguang Pharmaceutical Equipment to be Modestly Overvalued.

Key valuation signals for BJSE:920810:

  • Days Payable: 431.49 (208% above median its 10-year median of 140.21)
  • GF Value™: ¥8.11 vs. price of ¥9.16 (12.9% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 449.2% above the Industrial Products median (#201 of 3002)

No single metric tells the full story. See the BJSE:920810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liaoning Chunguang Pharmaceutical Equipment Business Description

Address Qilihe Industrial Park, Liaoning Province, Jinzhou, CHN, 121000
Liaoning Chunguang Pharmaceutical Equipment Corp Ltd engages in research, development, production, and sales of food and pharmaceutical packaging equipment. It is a high-end packaging equipment manufacturer specializing in pharmaceuticals, food, and daily chemicals.
56GF Score

Get the complete analysis for BJSE:920810

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

¥9.16
Price
¥8.11
GF Value