Linhai Co (SHSE:600099) Days Payable: 175.71 (As of Mar. 2026) — 103% Above Median


SHSE:600099 Linhai Co Ltd SHSE:600099
77 GF Score
Price ¥8.31
GF Value ¥12.46
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Linhai Co Days Payable?

Linhai Co SHSE:600099 +0.12% 77 Days Payable is 175.71 as of Mar. 2026, which is 103% above its 10-year median of 86.63. GuruFocus rates SHSE:600099 with a GF Score™ of 77/100 and a GF Value™ of ¥12.46 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Linhai Co ranks better than 88.4% on this metric.

Linhai Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥542 Mil. Linhai Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥282 Mil. Hence, Linhai Co's Days Payable for the three months ended in Mar. 2026 was 175.71.

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

SHSE:600099' s Days Payable Range Over the Past 10 Years
Min: 58.25   Med: 86.63   Max: 171.29
Current: 171.29

During the past 13 years, Linhai Co's highest Days Payable was 171.29. The lowest was 58.25. And the median was 86.63.

SHSE:600099's Days Payable is ranked better than
88.4% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs SHSE:600099: 171.29

Linhai Co's Days Payable increased from Mar. 2025 (141.24) to Mar. 2026 (175.71). It may suggest that Linhai Co delayed paying its suppliers.


Linhai Co Days Payable Historical Data

* Premium members only.

The historical data trend for Linhai 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.

Linhai Co Days Payable Chart

Linhai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.25 97.65 132.60 113.83 154.05

Linhai Co 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 141.24 141.60 226.86 159.38 175.71

SHSE:600099 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Linhai 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.


Linhai Co Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Linhai Co's Days Payable falls into.


SHSE:600099
77GF Score
Linhai Co Ltd SHSE:600099
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linhai 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.

Linhai 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
=( (333.472 + 495.58) / 2 ) / 982.191*365
=414.526 / 982.191*365
=154.05

Linhai Co'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
=( (495.58 + 588.989) / 2 ) / 281.617*365 / 4
=542.2845 / 281.617*365 / 4
=175.71

* 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 175.71 mean?
Linhai Co (SHSE:600099) has a Days Payable of 175.71 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 Linhai Co and its competitors. This is 103% above median its historical median of 86.63. Over the past decade, Linhai Co's Days Payable has ranged from 58.25 to 171.29. According to the industry distribution chart, Linhai Co ranks #152 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 11.6%.
Is Linhai Co's Days Payable too high?
Linhai Co's current Days Payable of 175.71 is 103% above median its 10-year median of 86.63. Over the past 10 years, this metric has ranged from a low of 58.25 to a high of 171.29. The Vehicles & Parts industry median Days Payable is 67.02. Linhai Co's value of 175.71 is 162.2% above this industry median. Based on the distribution chart, Linhai Co ranks #152 out of 1310 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Linhai Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linhai Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Linhai Co ranks #152 out of 1310 companies for Days Payable. This places Linhai Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. Linhai Co's value of 175.71 is 162.2% above this benchmark. Historically, Linhai Co's own Days Payable has ranged from 58.25 to 171.29 over the past decade. While the company's 10-year median is 86.63 vs. the industry median of 67.02, Linhai 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 1,310 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. Linhai Co's current Days Payable of 175.71 is 162.2% 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 Linhai 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. Linhai Co's current Days Payable is 175.71, which is 103% above median its own 10-year median of 86.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linhai Co stock overvalued right now?
Based on GuruFocus' analysis, Linhai Co (SHSE:600099) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥12.46, compared to a current price of ¥8.31 — trading 33.3% below its estimated fair value. The current Days Payable is 175.71, which is 103% above median its 10-year median of 86.63 and 162.2% above the Vehicles & Parts industry median of 67.02. Linhai Co's overall GF Score™ is 77/100 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 Linhai Co (SHSE:600099), the current Days Payable is 175.71 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 Linhai Co (SHSE:600099) Overvalued in 2026?

Based on GuruFocus' analysis, Linhai Co stock appears to be undervalued. The current stock price of ¥8.31 is trading 33.3% below its estimated GF Value™ of ¥12.46. GuruFocus considers Linhai Co to be Significantly Undervalued.

Key valuation signals for SHSE:600099:

  • Days Payable: 175.71 (103% above median its 10-year median of 86.63)
  • GF Value™: ¥12.46 vs. price of ¥8.31 (33.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 162.2% above the Vehicles & Parts median (#152 of 1310)

No single metric tells the full story. See the SHSE:600099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Linhai Co Business Description

Address No.199, Yingchun West Road, Jiangsu Province, Taizhou, CHN, 225300
Linhai Co Ltd is engaged in developing and manufacturing small engines and power machinery. The main products fall into six categories as motorcycle-engines, small gasoline engines, motorcycles, mopeds, forestry machinery, fire-fighting machinery and sprinklers for the sports ground.
77GF Score

Get the complete analysis for SHSE:600099

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

¥8.31
Price
¥12.46
GF Value