Sichuan Langsha Holding (SHSE:600137) Days Payable: 234.88 (As of Mar. 2026) — 41% Above Median


SHSE:600137 Sichuan Langsha Holding Ltd SHSE:600137
76 GF Score
Price ¥16.20
GF Value ¥19.77
Valuation Modestly Undervalued
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What is Sichuan Langsha Holding Days Payable?

Sichuan Langsha Holding SHSE:600137 -1.10% 76 Days Payable is 234.88 as of Mar. 2026, which is 41% above its 10-year median of 166.07. GuruFocus rates SHSE:600137 with a GF Score™ of 76/100 and a GF Value™ of ¥19.77 (Modestly Undervalued). Among 1,012 Manufacturing - Apparel & Accessories companies, Sichuan Langsha Holding ranks better than 87.35% on this metric.

Sichuan Langsha Holding's average Accounts Payable for the three months ended in Mar. 2026 was ¥136.3 Mil. Sichuan Langsha Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥52.9 Mil. Hence, Sichuan Langsha Holding's Days Payable for the three months ended in Mar. 2026 was 234.88.

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

SHSE:600137' s Days Payable Range Over the Past 10 Years
Min: 145.46   Med: 166.07   Max: 233.48
Current: 151.76

During the past 13 years, Sichuan Langsha Holding's highest Days Payable was 233.48. The lowest was 145.46. And the median was 166.07.

SHSE:600137's Days Payable is ranked better than
87.35% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945 vs SHSE:600137: 151.76

Sichuan Langsha Holding's Days Payable increased from Mar. 2025 (225.98) to Mar. 2026 (234.88). It may suggest that Sichuan Langsha Holding delayed paying its suppliers.


Sichuan Langsha Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Sichuan Langsha 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.

Sichuan Langsha Holding Days Payable Chart

Sichuan Langsha Holding 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 145.46 159.80 155.46 164.16 160.17

Sichuan Langsha 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 225.98 199.89 137.40 95.58 234.88

SHSE:600137 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Sichuan Langsha 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.


Sichuan Langsha Holding Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sichuan Langsha Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Langsha Holding's Days Payable falls into.


SHSE:600137
76GF Score
Sichuan Langsha Holding Ltd SHSE:600137
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Langsha 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.

Sichuan Langsha 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
=( (121.24 + 135.646) / 2 ) / 292.698*365
=128.443 / 292.698*365
=160.17

Sichuan Langsha 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
=( (135.646 + 136.891) / 2 ) / 52.94*365 / 4
=136.2685 / 52.94*365 / 4
=234.88

* 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 234.88 mean?
Sichuan Langsha Holding (SHSE:600137) has a Days Payable of 234.88 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 Sichuan Langsha Holding and its competitors. This is 41% above median its historical median of 166.07. Over the past decade, Sichuan Langsha Holding's Days Payable has ranged from 145.46 to 233.48. According to the industry distribution chart, Sichuan Langsha Holding ranks #128 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.6%.
Is Sichuan Langsha Holding's Days Payable too high?
Sichuan Langsha Holding's current Days Payable of 234.88 is 41% above median its 10-year median of 166.07. Over the past 10 years, this metric has ranged from a low of 145.46 to a high of 233.48. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Sichuan Langsha Holding's value of 234.88 is 335.4% above this industry median. Based on the distribution chart, Sichuan Langsha Holding ranks #128 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Langsha Holding has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Langsha Holding's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sichuan Langsha Holding ranks #128 out of 1012 companies for Days Payable. This places Sichuan Langsha Holding in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.95. Sichuan Langsha Holding's value of 234.88 is 335.4% above this benchmark. Historically, Sichuan Langsha Holding's own Days Payable has ranged from 145.46 to 233.48 over the past decade. While the company's 10-year median is 166.07 vs. the industry median of 53.95, Sichuan Langsha 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.95, based on 1,012 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. Sichuan Langsha Holding's current Days Payable of 234.88 is 335.4% 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 Sichuan Langsha Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Langsha Holding's current Days Payable is 234.88, which is 41% above median its own 10-year median of 166.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Langsha Holding stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Langsha Holding (SHSE:600137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.77, compared to a current price of ¥16.20 — trading 18.1% below its estimated fair value. The current Days Payable is 234.88, which is 41% above median its 10-year median of 166.07 and 335.4% above the Manufacturing - Apparel & Accessories industry median of 53.95. Sichuan Langsha Holding's overall GF Score™ is 76/100. 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 Sichuan Langsha Holding (SHSE:600137), the current Days Payable is 234.88 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 Sichuan Langsha Holding (SHSE:600137) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Langsha Holding stock appears to be undervalued. The current stock price of ¥16.20 is trading 18.1% below its estimated GF Value™ of ¥19.77. GuruFocus considers Sichuan Langsha Holding to be Modestly Undervalued.

Key valuation signals for SHSE:600137:

  • Days Payable: 234.88 (41% above median its 10-year median of 166.07)
  • GF Value™: ¥19.77 vs. price of ¥16.20 (18.1% below fair value)
  • GF Score™: 76/100
  • Industry Position: 335.4% above the Manufacturing - Apparel & Accessories median (#128 of 1012)

No single metric tells the full story. See the SHSE:600137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Langsha Holding Business Description

Address No. 63 Wainan Street, Import and Export Building, 8th Floor, Yibin, Sichuan, CHN, 644000
Sichuan Langsha Holding Ltd operates in the apparel industry. It manufactures knitted fabrics.
76GF Score

Get the complete analysis for SHSE:600137

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

¥16.20
Price
¥19.77
GF Value