Launch Tech CoFRA:LAN -1.31%53 Days Payable is 75.34 as of Dec. 2025, which is 2% above its 10-year median of 74.20. GuruFocus rates FRA:LAN with a GF Score™ of 53/100 and a GF Value™ of €0.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Launch Tech Co ranks better than 57.59% on this metric.
The historical rank and industry rank for Launch Tech Co's Days Payable or its related term are showing as below:
FRA:LAN'
s Days Payable Range Over the Past 10 Years
Min: 68.12 Med: 74.2 Max: 100.77
Current: 76.37
During the past 13 years, Launch Tech Co's highest Days Payable was 100.77. The lowest was 68.12. And the median was 74.20.
FRA:LAN's Days Payable is ranked better than 57.59% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 67.02
vs FRA:LAN: 76.37
Launch Tech Co's Days Payable
increased
from Dec. 2024 (72.30) to Dec. 2025 (75.34).
It may suggest that Launch Tech Codelayed paying its suppliers.
Launch Tech Co Days Payable Related Terms
Launch Tech Co Days Payable Historical Data
* Premium members only.
The historical data trend for Launch Tech 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.
For the Auto Parts subindustry, Launch Tech 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.
Launch Tech Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Launch Tech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Launch Tech Co'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.
Launch Tech Co'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.
Launch Tech Co (FRA:LAN) has a Days Payable of 75.34 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 Launch Tech Co and its competitors. This is near median its historical median of 74.20. Over the past decade, Launch Tech Co's Days Payable has ranged from 68.12 to 100.77. According to the industry distribution chart, Launch Tech Co ranks #556 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 42.4%.
Is Launch Tech Co's Days Payable too high?
Launch Tech Co's current Days Payable of 75.34 is near median its 10-year median of 74.20. Over the past 10 years, this metric has ranged from a low of 68.12 to a high of 100.77. The Vehicles & Parts industry median Days Payable is 67.02. Launch Tech Co's value of 75.34 is 12.4% above this industry median. Based on the distribution chart, Launch Tech Co ranks #556 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Launch Tech Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Launch Tech Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Launch Tech Co ranks #556 out of 1311 companies for Days Payable. This puts Launch Tech Co in the upper half of its industry. The industry median Days Payable is 67.02. Launch Tech Co's value of 75.34 is 12.4% above this benchmark. Historically, Launch Tech Co's own Days Payable has ranged from 68.12 to 100.77 over the past decade. While the company's 10-year median is 74.20 vs. the industry median of 67.02, Launch Tech 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 67.02, based on 1,311 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. Launch Tech Co's current Days Payable of 75.34 is 12.4% 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 Launch Tech Co 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. Launch Tech Co's current Days Payable is 75.34, which is near median its own 10-year median of 74.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Launch Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Launch Tech Co (FRA:LAN) is currently considered Fairly Valued. The stock's GF Value™ is €0.70, compared to a current price of €0.76 — trading 7.9% above its estimated fair value. The current Days Payable is 75.34, which is near median its 10-year median of 74.20 and 12.4% above the Vehicles & Parts industry median of 67.02. Launch Tech Co's overall GF Score™ is 53/100 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 Launch Tech Co (FRA:LAN), the current Days Payable is 75.34 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 Launch Tech Co (FRA:LAN) Overvalued in 2026?
Based on GuruFocus' analysis, Launch Tech Co stock appears to be overvalued.
The current stock price of €0.76 is trading 7.9% above its estimated GF Value™ of €0.70.
GuruFocus considers Launch Tech Co to be Fairly Valued.
Key valuation signals for FRA:LAN:
Days Payable: 75.34 (near median its 10-year median of 74.20)
GF Value™: €0.70 vs. price of €0.76 (7.9% above fair value)
Industry Position: 12.4% above the Vehicles & Parts median (#556 of 1311)
No single metric tells the full story. See the FRA:LAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The Company has three reporting segments: i) Automotive diagnosis segment, ii) Europe Overseas Sales segment, and iii) U.S. overseas sales segment. The automotive diagnosis segment covers research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas. The majority of revenue is derived from the Automotive diagnosis segment.
53GF Score
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