Lushang Life Services Co (HKSE:02376) Days Payable: 99.24 (As of Dec. 2025) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02376 Lushang Life Services Co Ltd HKSE:02376
75 GF Score
Price HK$2.30
GF Value HK$1.71
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lushang Life Services Co Days Payable?

Lushang Life Services Co HKSE:02376 75 Days Payable is 99.24 as of Dec. 2025, which is 15% above its 10-year median of 86.36. GuruFocus rates HKSE:02376 with a GF Score™ of 75/100 and a GF Value™ of HK$1.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,574 Real Estate companies, Lushang Life Services Co ranks better than 54.32% on this metric.

Lushang Life Services Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$131.0 Mil. Lushang Life Services Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$240.9 Mil. Hence, Lushang Life Services Co's Days Payable for the six months ended in Dec. 2025 was 99.24.

The historical rank and industry rank for Lushang Life Services Co's Days Payable or its related term are showing as below:

HKSE:02376' s Days Payable Range Over the Past 10 Years
Min: 60.13   Med: 86.36   Max: 137.88
Current: 108.08

During the past 7 years, Lushang Life Services Co's highest Days Payable was 137.88. The lowest was 60.13. And the median was 86.36.

HKSE:02376's Days Payable is ranked better than
54.32% of 1574 companies
in the Real Estate industry
Industry Median: 94.67 vs HKSE:02376: 108.08

Lushang Life Services Co's Days Payable declined from Dec. 2024 (130.93) to Dec. 2025 (99.24). It may suggest that Lushang Life Services Co accelerated paying its suppliers.


Lushang Life Services Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lushang Life Services 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.

Lushang Life Services Co Days Payable Chart

Lushang Life Services Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 86.36 125.04 84.46 137.88 100.05

Lushang Life Services Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.46 143.05 130.93 123.77 99.24

HKSE:02376 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Lushang Life Services 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.


Lushang Life Services Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Lushang Life Services Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lushang Life Services Co's Days Payable falls into.


HKSE:02376
75GF Score
Lushang Life Services Co Ltd HKSE:02376
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lushang Life Services 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.

Lushang Life Services 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
=( (177.05 + 95.423) / 2 ) / 497.003*365
=136.2365 / 497.003*365
=100.05

Lushang Life Services Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (166.618 + 95.423) / 2 ) / 240.935*365 / 2
=131.0205 / 240.935*365 / 2
=99.24

* 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 99.24 mean?
Lushang Life Services Co (HKSE:02376) has a Days Payable of 99.24 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 Lushang Life Services Co and its competitors. This is 15% above median its historical median of 86.36. Over the past decade, Lushang Life Services Co's Days Payable has ranged from 60.13 to 137.88. According to the industry distribution chart, Lushang Life Services Co ranks #719 out of 1574 companies in the Real Estate industry, placing it in the top 45.7%.
Is Lushang Life Services Co's Days Payable too high?
Lushang Life Services Co's current Days Payable of 99.24 is 15% above median its 10-year median of 86.36. Over the past 10 years, this metric has ranged from a low of 60.13 to a high of 137.88. The Real Estate industry median Days Payable is 94.67. Lushang Life Services Co's value of 99.24 is 4.8% above this industry median. Based on the distribution chart, Lushang Life Services Co ranks #719 out of 1574 companies in the Real Estate industry, which is above the industry midpoint. Overall, Lushang Life Services Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lushang Life Services Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Lushang Life Services Co ranks #719 out of 1574 companies for Days Payable. This puts Lushang Life Services Co in the upper half of its industry. The industry median Days Payable is 94.67. Lushang Life Services Co's value of 99.24 is 4.8% above this benchmark. Historically, Lushang Life Services Co's own Days Payable has ranged from 60.13 to 137.88 over the past decade. While the company's 10-year median is 86.36 vs. the industry median of 94.67, Lushang Life Services 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.67, based on 1,574 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. Lushang Life Services Co's current Days Payable of 99.24 is 4.8% 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 Lushang Life Services Co and its competitors. For the Real Estate industry, the median Days Payable is 94.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lushang Life Services Co's current Days Payable is 99.24, which is 15% above median its own 10-year median of 86.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lushang Life Services Co stock overvalued right now?
Based on GuruFocus' analysis, Lushang Life Services Co (HKSE:02376) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.71, compared to a current price of HK$2.30 — trading 34.5% above its estimated fair value. The current Days Payable is 99.24, which is 15% above median its 10-year median of 86.36 and 4.8% above the Real Estate industry median of 94.67. Lushang Life Services Co's overall GF Score™ is 75/100 with 5 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 Lushang Life Services Co (HKSE:02376), the current Days Payable is 99.24 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 Lushang Life Services Co (HKSE:02376) Overvalued in 2026?

Based on GuruFocus' analysis, Lushang Life Services Co stock appears to be overvalued. The current stock price of HK$2.30 is trading 34.5% above its estimated GF Value™ of HK$1.71. GuruFocus considers Lushang Life Services Co to be Significantly Overvalued.

Key valuation signals for HKSE:02376:

  • Days Payable: 99.24 (15% above median its 10-year median of 86.36)
  • GF Value™: HK$1.71 vs. price of HK$2.30 (34.5% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 4.8% above the Real Estate median (#719 of 1574)

No single metric tells the full story. See the HKSE:02376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lushang Life Services Co Business Description

Address No. 9777 Jingshi Road, Room 202, Block 2, Lushang Guo’ao City, Building 2, Lixia District, Shandong Province, Jinan, CHN
Lushang Life Services Co Ltd is in the property services and management industry, providing property management services, community value added services and non-owner value added services mainly in PRC. Its business model is property management services; value-added services to non-property owners; and community value-added services. It provide property management to a diversified portfolio of properties, including residential properties; non-residential properties such as commercial complexes, municipal facilities, office buildings, apartments, schools, theme towns, hospitals, industrial park. It derives the majority of from property management services. Its basic services includes customer service, engineering services, security services, environmental services, and value-added services.
75GF Score

Get the complete analysis for HKSE:02376

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

HK$2.30
Price
HK$1.71
GF Value