RLX TechnologyRLX +2.11%68 Days Payable is 43.73 as of Mar. 2026, which is 9% above its 10-year median of 40.03. GuruFocus rates RLX with a GF Score™ of 68/100 and a GF Value™ of $4.06 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 47 Tobacco Products companies, RLX Technology ranks worse than 55.32% on this metric.
The historical rank and industry rank for RLX Technology's Days Payable or its related term are showing as below:
RLX'
s Days Payable Range Over the Past 10 Years
Min: 31.59 Med: 40.03 Max: 85.75
Current: 51.09
During the past 8 years, RLX Technology's highest Days Payable was 85.75. The lowest was 31.59. And the median was 40.03.
RLX's Days Payable is ranked worse than 55.32% of 47
companies
in the Tobacco Products industry
Industry Median: 54
vs RLX: 51.09
RLX Technology's Days Payable
declined
from Mar. 2025 (65.96) to Mar. 2026 (43.73).
It may suggest that RLX Technologyaccelerated paying its suppliers.
RLX Technology Days Payable Related Terms
RLX Technology Days Payable Historical Data
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The historical data trend for RLX Technology'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 Tobacco subindustry, RLX Technology'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.
RLX Technology Days Payable vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, RLX Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where RLX Technology'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.
RLX Technology'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.
RLX Technology (RLX) has a Days Payable of 43.73 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 RLX Technology and its competitors. This is near median its historical median of 40.03. Over the past decade, RLX Technology's Days Payable has ranged from 31.59 to 85.75. According to the industry distribution chart, RLX Technology ranks #26 out of 47 companies in the Tobacco Products industry, placing it in the top 55.3%.
Is RLX Technology's Days Payable too high?
RLX Technology's current Days Payable of 43.73 is near median its 10-year median of 40.03. Over the past 10 years, this metric has ranged from a low of 31.59 to a high of 85.75. The Tobacco Products industry median Days Payable is 54.00. RLX Technology's value of 43.73 is 19% below this industry median. Based on the distribution chart, RLX Technology ranks #26 out of 47 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, RLX Technology has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RLX Technology's Days Payable compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, RLX Technology ranks #26 out of 47 companies for Days Payable. This places RLX Technology in the lower half of its industry. The industry median Days Payable is 54.00. RLX Technology's value of 43.73 is 19% below this benchmark. Historically, RLX Technology's own Days Payable has ranged from 31.59 to 85.75 over the past decade. While the company's 10-year median is 40.03 vs. the industry median of 54.00, RLX Technology 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. RLX Technology's current Days Payable of 43.73 is 19% 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 RLX Technology and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RLX Technology's current Days Payable is 43.73, which is near median its own 10-year median of 40.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLX Technology stock overvalued right now?
Based on GuruFocus' analysis, RLX Technology (RLX) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.06, compared to a current price of $1.94 — trading 52.2% below its estimated fair value. The current Days Payable is 43.73, which is near median its 10-year median of 40.03 and 19% below the Tobacco Products industry median of 54.00. RLX Technology's overall GF Score™ is 68/100 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 RLX Technology (RLX), the current Days Payable is 43.73 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 RLX Technology (RLX) Overvalued in 2026?
Based on GuruFocus' analysis, RLX Technology stock appears to be undervalued.
The current stock price of $1.94 is trading 52.2% below its estimated GF Value™ of $4.06.
GuruFocus considers RLX Technology to be Significantly Undervalued.
Key valuation signals for RLX:
Days Payable: 43.73 (near median its 10-year median of 40.03)
GF Value™: $4.06 vs. price of $1.94 (52.2% below fair value)
Industry Position: 19% below the Tobacco Products median (#26 of 47)
No single metric tells the full story. See the RLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market. The company has two reportable segments, Core Markets and Europe Acquisition. The majority of the revenue is earn from Core Markets segment.
68GF Score
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