Changchun Yidong Clutch Co (SHSE:600148) Days Payable: 284.21 (As of Jun. 2026) — 11% Above Median

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SHSE:600148 Changchun Yidong Clutch Co Ltd SHSE:600148
58 GF Score
Price ¥15.68
GF Value ¥22.41
Valuation Possible Value Trap
! 4 Warning Signs
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What is Changchun Yidong Clutch Co Days Payable?

Changchun Yidong Clutch Co SHSE:600148 +0.38% 58 Days Payable is 284.21 as of Jun. 2026, which is 11% above its 10-year median of 256.34. GuruFocus rates SHSE:600148 with a GF Score™ of 58/100 and a GF Value™ of ¥22.41 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Changchun Yidong Clutch Co ranks better than 97.19% on this metric.

Changchun Yidong Clutch Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥596.6 Mil. Changchun Yidong Clutch Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥191.5 Mil. Hence, Changchun Yidong Clutch Co's Days Payable for the three months ended in Jun. 2026 was 284.21.

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

SHSE:600148' s Days Payable Range Over the Past 10 Years
Min: 212.48   Med: 256.34   Max: 294.33
Current: 282.46

During the past 13 years, Changchun Yidong Clutch Co's highest Days Payable was 294.33. The lowest was 212.48. And the median was 256.34.

SHSE:600148's Days Payable is ranked better than
97.19% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 66.65 vs SHSE:600148: 282.46

Changchun Yidong Clutch Co's Days Payable increased from Jun. 2025 (243.64) to Jun. 2026 (284.21). It may suggest that Changchun Yidong Clutch Co delayed paying its suppliers.


Changchun Yidong Clutch Co Days Payable Historical Data

* Premium members only.

The historical data trend for Changchun Yidong Clutch 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.

Changchun Yidong Clutch Co Days Payable Chart

Changchun Yidong Clutch 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 212.48 294.33 253.36 287.28 261.48

Changchun Yidong Clutch Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 243.64 307.46 278.22 269.38 284.21

SHSE:600148 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Changchun Yidong Clutch 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.


Changchun Yidong Clutch Co Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Changchun Yidong Clutch Co's Days Payable falls into.


SHSE:600148
58GF Score
Changchun Yidong Clutch Co Ltd SHSE:600148
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changchun Yidong Clutch 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.

Changchun Yidong Clutch 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
=( (406.335 + 513.364) / 2 ) / 641.892*365
=459.8495 / 641.892*365
=261.48

Changchun Yidong Clutch Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (587.98 + 605.195) / 2 ) / 191.544*365 / 4
=596.5875 / 191.544*365 / 4
=284.21

* 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 284.21 mean?
Changchun Yidong Clutch Co (SHSE:600148) has a Days Payable of 284.21 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Changchun Yidong Clutch Co and its competitors. This is 11% above median its historical median of 256.34. Over the past decade, Changchun Yidong Clutch Co's Days Payable has ranged from 212.48 to 294.33. According to the industry distribution chart, Changchun Yidong Clutch Co ranks #37 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 2.8%.
Is Changchun Yidong Clutch Co's Days Payable too high?
Changchun Yidong Clutch Co's current Days Payable of 284.21 is 11% above median its 10-year median of 256.34. Over the past 10 years, this metric has ranged from a low of 212.48 to a high of 294.33. The Vehicles & Parts industry median Days Payable is 66.65. Changchun Yidong Clutch Co's value of 284.21 is 326.4% above this industry median. Based on the distribution chart, Changchun Yidong Clutch Co ranks #37 out of 1315 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Changchun Yidong Clutch Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changchun Yidong Clutch Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changchun Yidong Clutch Co ranks #37 out of 1315 companies for Days Payable. This places Changchun Yidong Clutch Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.65. Changchun Yidong Clutch Co's value of 284.21 is 326.4% above this benchmark. Historically, Changchun Yidong Clutch Co's own Days Payable has ranged from 212.48 to 294.33 over the past decade. While the company's 10-year median is 256.34 vs. the industry median of 66.65, Changchun Yidong Clutch 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 66.65, based on 1,315 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. Changchun Yidong Clutch Co's current Days Payable of 284.21 is 326.4% 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 Changchun Yidong Clutch Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changchun Yidong Clutch Co's current Days Payable is 284.21, which is 11% above median its own 10-year median of 256.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changchun Yidong Clutch Co stock overvalued right now?
Based on GuruFocus' analysis, Changchun Yidong Clutch Co (SHSE:600148) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.41, compared to a current price of ¥15.68 — trading 30% below its estimated fair value. The current Days Payable is 284.21, which is 11% above median its 10-year median of 256.34 and 326.4% above the Vehicles & Parts industry median of 66.65. Changchun Yidong Clutch Co's overall GF Score™ is 58/100 with 4 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 Changchun Yidong Clutch Co (SHSE:600148), the current Days Payable is 284.21 as of Jun. 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 Changchun Yidong Clutch Co (SHSE:600148) Overvalued in 2026?

Based on GuruFocus' analysis, Changchun Yidong Clutch Co stock appears to be undervalued. The current stock price of ¥15.68 is trading 30% below its estimated GF Value™ of ¥22.41. GuruFocus considers Changchun Yidong Clutch Co to be Possible Value Trap.

Key valuation signals for SHSE:600148:

  • Days Payable: 284.21 (11% above median its 10-year median of 256.34)
  • GF Value™: ¥22.41 vs. price of ¥15.68 (30% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 326.4% above the Vehicles & Parts median (#37 of 1315)

No single metric tells the full story. See the SHSE:600148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changchun Yidong Clutch Co Business Description

Address No. 17-1 Fanrong Road, Changchun, Jilin, CHN, 130012
Changchun Yidong Clutch Co Ltd is engaged in the production of the automotive diaphragm spring clutch. The product line includes - DSP430 clutch, DSP210 clutch, DS395 clutch, hydraulic lock, hydraulic cylinder, manual pump, and electric pump.
58GF Score

Get the complete analysis for SHSE:600148

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

¥15.68
Price
¥22.41
GF Value