Shandong Wantong Hydraulic Co (BJSE:920839) Days Payable: 118.86 (As of Mar. 2026) — 53% Above Median

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BJSE:920839 Shandong Wantong Hydraulic Co Ltd BJSE:920839
91 GF Score
Price ¥24.71
GF Value ¥20.75
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Shandong Wantong Hydraulic Co Days Payable?

Shandong Wantong Hydraulic Co BJSE:920839 91 Days Payable is 118.86 as of Mar. 2026, which is 53% above its 10-year median of 77.78. GuruFocus rates BJSE:920839 with a GF Score™ of 91/100 and a GF Value™ of ¥20.75 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,993 Industrial Products companies, Shandong Wantong Hydraulic Co ranks better than 62.68% on this metric.

Shandong Wantong Hydraulic Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥155.9 Mil. Shandong Wantong Hydraulic Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥119.7 Mil. Hence, Shandong Wantong Hydraulic Co's Days Payable for the three months ended in Mar. 2026 was 118.86.

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

BJSE:920839' s Days Payable Range Over the Past 10 Years
Min: 57.43   Med: 77.78   Max: 151.35
Current: 105.04

During the past 13 years, Shandong Wantong Hydraulic Co's highest Days Payable was 151.35. The lowest was 57.43. And the median was 77.78.

BJSE:920839's Days Payable is ranked better than
62.68% of 2993 companies
in the Industrial Products industry
Industry Median: 77.78 vs BJSE:920839: 105.04

Shandong Wantong Hydraulic Co's Days Payable increased from Mar. 2025 (94.83) to Mar. 2026 (118.86). It may suggest that Shandong Wantong Hydraulic Co delayed paying its suppliers.


Shandong Wantong Hydraulic Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Wantong Hydraulic 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.

Shandong Wantong Hydraulic Co Days Payable Chart

Shandong Wantong Hydraulic 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 58.96 58.78 57.82 79.76 94.68

Shandong Wantong Hydraulic 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 94.83 96.79 108.22 92.48 118.86

BJSE:920839 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shandong Wantong Hydraulic 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.


Shandong Wantong Hydraulic Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Wantong Hydraulic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Wantong Hydraulic Co's Days Payable falls into.


BJSE:920839
91GF Score
Shandong Wantong Hydraulic Co Ltd BJSE:920839
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Wantong Hydraulic 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.

Shandong Wantong Hydraulic 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
=( (112.398 + 140.738) / 2 ) / 487.952*365
=126.568 / 487.952*365
=94.68

Shandong Wantong Hydraulic 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
=( (140.738 + 171.118) / 2 ) / 119.709*365 / 4
=155.928 / 119.709*365 / 4
=118.86

* 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 118.86 mean?
Shandong Wantong Hydraulic Co (BJSE:920839) has a Days Payable of 118.86 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 Shandong Wantong Hydraulic Co and its competitors. This is 53% above median its historical median of 77.78. Over the past decade, Shandong Wantong Hydraulic Co's Days Payable has ranged from 57.43 to 151.35. According to the industry distribution chart, Shandong Wantong Hydraulic Co ranks #1117 out of 2993 companies in the Industrial Products industry, placing it in the top 37.3%.
Is Shandong Wantong Hydraulic Co's Days Payable too high?
Shandong Wantong Hydraulic Co's current Days Payable of 118.86 is 53% above median its 10-year median of 77.78. Over the past 10 years, this metric has ranged from a low of 57.43 to a high of 151.35. The Industrial Products industry median Days Payable is 77.78. Shandong Wantong Hydraulic Co's value of 118.86 is 52.8% above this industry median. Based on the distribution chart, Shandong Wantong Hydraulic Co ranks #1117 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shandong Wantong Hydraulic Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Wantong Hydraulic Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shandong Wantong Hydraulic Co ranks #1117 out of 2993 companies for Days Payable. This puts Shandong Wantong Hydraulic Co in the upper half of its industry. The industry median Days Payable is 77.78. Shandong Wantong Hydraulic Co's value of 118.86 is 52.8% above this benchmark. Historically, Shandong Wantong Hydraulic Co's own Days Payable has ranged from 57.43 to 151.35 over the past decade. While the company's 10-year median is 77.78 vs. the industry median of 77.78, Shandong Wantong Hydraulic 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 77.78, based on 2,993 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. Shandong Wantong Hydraulic Co's current Days Payable of 118.86 is 52.8% 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 Shandong Wantong Hydraulic Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Wantong Hydraulic Co's current Days Payable is 118.86, which is 53% above median its own 10-year median of 77.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Wantong Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co (BJSE:920839) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.75, compared to a current price of ¥24.71 — trading 19.1% above its estimated fair value. The current Days Payable is 118.86, which is 53% above median its 10-year median of 77.78 and 52.8% above the Industrial Products industry median of 77.78. Shandong Wantong Hydraulic Co's overall GF Score™ is 91/100 with 1 warning sign 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 Shandong Wantong Hydraulic Co (BJSE:920839), the current Days Payable is 118.86 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 Shandong Wantong Hydraulic Co (BJSE:920839) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co stock appears to be overvalued. The current stock price of ¥24.71 is trading 19.1% above its estimated GF Value™ of ¥20.75. GuruFocus considers Shandong Wantong Hydraulic Co to be Modestly Overvalued.

Key valuation signals for BJSE:920839:

  • Days Payable: 118.86 (53% above median its 10-year median of 77.78)
  • GF Value™: ¥20.75 vs. price of ¥24.71 (19.1% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 52.8% above the Industrial Products median (#1117 of 2993)

No single metric tells the full story. See the BJSE:920839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Wantong Hydraulic Co Business Description

Address No. 1 Shandong Road, Shandong Province, Wulian County, Rizhao City, CHN, 262300
Shandong Wantong Hydraulic Co Ltd engages in research and development, manufacturing, and sales of hydraulic cylinders, mainly producing automobile hydraulic cylinders and mining hydraulic cylinders. Its product offerings comprise Piston cylinders, Telescopic cylinders, Tie rod cylinders, Side tipper cylinders, Excavator hydraulic cylinders, and Suspension cylinders.
91GF Score

Get the complete analysis for BJSE:920839

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

¥24.71
Price
¥20.75
GF Value