GTEC (Greenland Technologies Holding) Days Payable: 160.89 (As of Mar. 2026) — 16% Above Median

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GTEC Greenland Technologies Holding Corp GTEC
53 GF Score
Price $0.55
GF Value $1.32
Valuation Possible Value Trap
! 2 Warning Signs
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What is Greenland Technologies Holding Days Payable?

Greenland Technologies Holding GTEC -1.81% 53 Days Payable is 160.89 as of Mar. 2026, which is 16% above its 10-year median of 138.50. GuruFocus rates GTEC with a GF Score™ of 53/100 and a GF Value™ of $1.32 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Greenland Technologies Holding ranks better than 86.52% on this metric.

Greenland Technologies Holding's average Accounts Payable for the three months ended in Mar. 2026 was $29.59 Mil. Greenland Technologies Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was $16.78 Mil. Hence, Greenland Technologies Holding's Days Payable for the three months ended in Mar. 2026 was 160.89.

The historical rank and industry rank for Greenland Technologies Holding's Days Payable or its related term are showing as below:

GTEC' s Days Payable Range Over the Past 10 Years
Min: 117.61   Med: 138.5   Max: 166.23
Current: 166.23

During the past 8 years, Greenland Technologies Holding's highest Days Payable was 166.23. The lowest was 117.61. And the median was 138.50.

GTEC's Days Payable is ranked better than
86.52% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs GTEC: 166.23

Greenland Technologies Holding's Days Payable increased from Mar. 2025 (159.21) to Mar. 2026 (160.89). It may suggest that Greenland Technologies Holding delayed paying its suppliers.


Greenland Technologies Holding Days Payable Historical Data

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The historical data trend for Greenland Technologies Holding'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.

Greenland Technologies Holding Days Payable Chart

Greenland Technologies Holding Annual Data
Trend Nov18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 117.61 138.50 139.02 143.76 142.80

Greenland Technologies Holding 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 159.21 168.37 165.14 157.44 160.89

GTEC vs WKSP, INEO, REE: Days Payable Comparison

For the Auto Parts subindustry, Greenland Technologies Holding'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.


Greenland Technologies Holding Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Greenland Technologies Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenland Technologies Holding's Days Payable falls into.


GTEC
53GF Score
Greenland Technologies Holding Corp GTEC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenland Technologies Holding 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.

Greenland Technologies Holding'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
=( (23.103 + 25.605) / 2 ) / 62.248*365
=24.354 / 62.248*365
=142.80

Greenland Technologies Holding'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
=( (25.605 + 33.565) / 2 ) / 16.779*365 / 4
=29.585 / 16.779*365 / 4
=160.89

* 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 160.89 mean?
Greenland Technologies Holding (GTEC) has a Days Payable of 160.89 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 Greenland Technologies Holding and its competitors. This is 16% above median its historical median of 138.50. Over the past decade, Greenland Technologies Holding's Days Payable has ranged from 117.61 to 166.23. According to the industry distribution chart, Greenland Technologies Holding ranks #176 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 13.5%.
Is Greenland Technologies Holding's Days Payable too high?
Greenland Technologies Holding's current Days Payable of 160.89 is 16% above median its 10-year median of 138.50. Over the past 10 years, this metric has ranged from a low of 117.61 to a high of 166.23. The Vehicles & Parts industry median Days Payable is 67.26. Greenland Technologies Holding's value of 160.89 is 139.2% above this industry median. Based on the distribution chart, Greenland Technologies Holding ranks #176 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Greenland Technologies Holding has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greenland Technologies Holding's Days Payable compare to WKSP and INEO?
According to the Vehicles & Parts industry distribution chart, Greenland Technologies Holding ranks #176 out of 1306 companies for Days Payable. This places Greenland Technologies Holding in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Greenland Technologies Holding's value of 160.89 is 139.2% above this benchmark. Historically, Greenland Technologies Holding's own Days Payable has ranged from 117.61 to 166.23 over the past decade. While the company's 10-year median is 138.50 vs. the industry median of 67.26, Greenland Technologies Holding 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 67.26, based on 1,306 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. Greenland Technologies Holding's current Days Payable of 160.89 is 139.2% 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 Greenland Technologies Holding and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Technologies Holding's current Days Payable is 160.89, which is 16% above median its own 10-year median of 138.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Technologies Holding stock overvalued right now?
Based on GuruFocus' analysis, Greenland Technologies Holding (GTEC) is currently considered Possible Value Trap. The stock's GF Value™ is $1.32, compared to a current price of $0.55 — trading 58.2% below its estimated fair value. The current Days Payable is 160.89, which is 16% above median its 10-year median of 138.50 and 139.2% above the Vehicles & Parts industry median of 67.26. Greenland Technologies Holding'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 Greenland Technologies Holding (GTEC), the current Days Payable is 160.89 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 Greenland Technologies Holding (GTEC) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Technologies Holding stock appears to be undervalued. The current stock price of $0.55 is trading 58.2% below its estimated GF Value™ of $1.32. GuruFocus considers Greenland Technologies Holding to be Possible Value Trap.

Key valuation signals for GTEC:

  • Days Payable: 160.89 (16% above median its 10-year median of 138.50)
  • GF Value™: $1.32 vs. price of $0.55 (58.2% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 139.2% above the Vehicles & Parts median (#176 of 1306)

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


Greenland Technologies Holding Business Description

Address 50 Millstone Road, Building 400, Suite 130, Zhejiang, East Windsor, NJ, USA, 08512
Greenland Technologies Holding Corp is a developer of quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
53GF Score

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

$0.55
Price
$1.32
GF Value