China Automotive SystemsFRA:2IW +1.56%76 Days Payable is 140.70 as of Dec. 2025, which is 14% above its 10-year median of 123.32. GuruFocus rates FRA:2IW with a GF Score™ of 76/100 and a GF Value™ of €4.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,310 Vehicles & Parts companies, China Automotive Systems ranks better than 78.85% on this metric.
* 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.
FRA:2IW vs INVZ, CVGI, SRI: Days Payable Comparison
For the Auto Parts subindustry, China Automotive Systems'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.
China Automotive Systems Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Days Payable distribution charts can be found below:
* The bar in red indicates where China Automotive Systems's Days Payable falls into.
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.
China Automotive Systems's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
China Automotive Systems (FRA:2IW) has a Days Payable of 140.70 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Automotive Systems and its competitors. This is 14% above median its historical median of 123.32. Over the past decade, China Automotive Systems' Days Payable has ranged from 120.14 to 133.11. According to the industry distribution chart, China Automotive Systems ranks #277 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 21.1%.
Is China Automotive Systems' Days Payable too high?
China Automotive Systems' current Days Payable of 140.70 is 14% above median its 10-year median of 123.32. Over the past 10 years, this metric has ranged from a low of 120.14 to a high of 133.11. The Vehicles & Parts industry median Days Payable is 67.02. China Automotive Systems' value of 140.70 is 110% above this industry median. Based on the distribution chart, China Automotive Systems ranks #277 out of 1310 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, China Automotive Systems has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Systems' Days Payable compare to INVZ and CVGI?
According to the Vehicles & Parts industry distribution chart, China Automotive Systems ranks #277 out of 1310 companies for Days Payable. This places China Automotive Systems in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. China Automotive Systems' value of 140.70 is 110% above this benchmark. Historically, China Automotive Systems' own Days Payable has ranged from 120.14 to 133.11 over the past decade. While the company's 10-year median is 123.32 vs. the industry median of 67.02, China Automotive Systems 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 67.02, based on 1,310 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. China Automotive Systems's current Days Payable of 140.70 is 110% 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 China Automotive Systems and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Automotive Systems's current Days Payable is 140.70, which is 14% above median its own 10-year median of 123.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Systems stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Systems (FRA:2IW) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.57, compared to a current price of €3.90 — trading 14.7% below its estimated fair value. The current Days Payable is 140.70, which is 14% above median its 10-year median of 123.32 and 110% above the Vehicles & Parts industry median of 67.02. China Automotive Systems' overall GF Score™ is 76/100 with 3 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 China Automotive Systems (FRA:2IW), the current Days Payable is 140.70 as of Dec. 2025. 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 China Automotive Systems (FRA:2IW) Overvalued in 2026?
Based on GuruFocus' analysis, China Automotive Systems stock appears to be undervalued.
The current stock price of €3.90 is trading 14.7% below its estimated GF Value™ of €4.57.
GuruFocus considers China Automotive Systems to be Modestly Undervalued.
Key valuation signals for FRA:2IW:
Days Payable: 140.70 (14% above median its 10-year median of 123.32)
GF Value™: €4.57 vs. price of €3.90 (14.7% below fair value)
Industry Position: 110% above the Vehicles & Parts median (#277 of 1310)
No single metric tells the full story. See the FRA:2IW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
76GF Score
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