Service Long March Tyres (KAR:SLM) Days Payable: 25.44 (As of Dec. 2025) — 30% Below Median

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KAR:SLM Service Long March Tyres Ltd KAR:SLM
31 GF Score
Price ₨23.96
! 3 Warning Signs
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What is Service Long March Tyres Days Payable?

Service Long March Tyres KAR:SLM -0.04% 31 Days Payable is 25.44 as of Dec. 2025, which is 30% below its 10-year median of 36.22. GuruFocus rates KAR:SLM with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Service Long March Tyres ranks worse than 87.55% on this metric.

Service Long March Tyres's average Accounts Payable for the six months ended in Dec. 2025 was ₨3,511 Mil. Service Long March Tyres's Cost of Goods Sold for the six months ended in Dec. 2025 was ₨25,185 Mil. Hence, Service Long March Tyres's Days Payable for the six months ended in Dec. 2025 was 25.44.

The historical rank and industry rank for Service Long March Tyres's Days Payable or its related term are showing as below:

KAR:SLM' s Days Payable Range Over the Past 10 Years
Min: 27.71   Med: 36.22   Max: 41.24
Current: 27.71

During the past 2 years, Service Long March Tyres's highest Days Payable was 41.24. The lowest was 27.71. And the median was 36.22.

KAR:SLM's Days Payable is ranked worse than
87.55% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.6 vs KAR:SLM: 27.71

Service Long March Tyres's Days Payable declined from Dec. 2024 (32.76) to Dec. 2025 (25.44). It may suggest that Service Long March Tyres accelerated paying its suppliers.


Service Long March Tyres Days Payable Historical Data

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The historical data trend for Service Long March Tyres'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.

Service Long March Tyres Days Payable Chart

Service Long March Tyres Annual Data
Trend Jun24 Jun25
Days Payable
41.24 31.20

Service Long March Tyres Semi-Annual Data
Jun24 Dec24 Jun25 Dec25
Days Payable 0.00 32.76 29.87 25.44

KAR:SLM vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Service Long March Tyres'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.


Service Long March Tyres Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Service Long March Tyres's Days Payable distribution charts can be found below:

* The bar in red indicates where Service Long March Tyres's Days Payable falls into.


KAR:SLM
31GF Score
Service Long March Tyres Ltd KAR:SLM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Service Long March Tyres 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.

Service Long March Tyres's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (3228.873 + 3447.284) / 2 ) / 39050.288*365
=3338.0785 / 39050.288*365
=31.20

Service Long March Tyres'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
=( (3447.284 + 3574.881) / 2 ) / 25184.692*365 / 2
=3511.0825 / 25184.692*365 / 2
=25.44

* 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 25.44 mean?
Service Long March Tyres (KAR:SLM) has a Days Payable of 25.44 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 Service Long March Tyres and its competitors. This is 30% below median its historical median of 36.22. Over the past decade, Service Long March Tyres' Days Payable has ranged from 27.71 to 41.24. According to the industry distribution chart, Service Long March Tyres ranks #1146 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 87.5%.
Is Service Long March Tyres' Days Payable too high?
Service Long March Tyres' current Days Payable of 25.44 is 30% below median its 10-year median of 36.22. Over the past 10 years, this metric has ranged from a low of 27.71 to a high of 41.24. The Vehicles & Parts industry median Days Payable is 66.60. Service Long March Tyres' value of 25.44 is 61.8% below this industry median. Based on the distribution chart, Service Long March Tyres ranks #1146 out of 1309 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Service Long March Tyres has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Service Long March Tyres' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Service Long March Tyres ranks #1146 out of 1309 companies for Days Payable. This places Service Long March Tyres in the lower half of its industry. The industry median Days Payable is 66.60. Service Long March Tyres' value of 25.44 is 61.8% below this benchmark. Historically, Service Long March Tyres' own Days Payable has ranged from 27.71 to 41.24 over the past decade. While the company's 10-year median is 36.22 vs. the industry median of 66.60, Service Long March Tyres has consistently been below 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 66.60, based on 1,309 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. Service Long March Tyres's current Days Payable of 25.44 is 61.8% below 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 Service Long March Tyres and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Service Long March Tyres's current Days Payable is 25.44, which is 30% below median its own 10-year median of 36.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Long March Tyres stock overvalued right now?
Service Long March Tyres (KAR:SLM) has a current Days Payable of 25.44. The current Days Payable is 25.44, which is 30% below median its 10-year median of 36.22 and 61.8% below the Vehicles & Parts industry median of 66.60. Service Long March Tyres' overall GF Score™ is 31/100 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 Service Long March Tyres (KAR:SLM), the current Days Payable is 25.44 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.

Service Long March Tyres Business Description

Address Servis House, 2, Main Gulberg, Lahore, PB, PAK
Service Long March Tyres Ltd is engaged in the business of manufacturing, sale, marketing, import and export of all steel radial truck, bus, light truck and off the road tyres. Geographically, the company operates in Pakistan, USA, Brazil, South Africa, Puerto Rico, Egypt and UAE, of which Pakistan derives maximum revenue.
31GF Score

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