Harbin Dongan Auto Engine Co (SHSE:600178) Days Payable: 315.92 (As of Mar. 2026) — 39% Above Median


SHSE:600178 Harbin Dongan Auto Engine Co Ltd SHSE:600178
45 GF Score
Price ¥9.57
GF Value ¥13.56
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Harbin Dongan Auto Engine Co Days Payable?

Harbin Dongan Auto Engine Co SHSE:600178 -6.36% 45 Days Payable is 315.92 as of Mar. 2026, which is 39% above its 10-year median of 227.89. GuruFocus rates SHSE:600178 with a GF Score™ of 45/100 and a GF Value™ of ¥13.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Harbin Dongan Auto Engine Co ranks better than 92.13% on this metric.

Harbin Dongan Auto Engine Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,064 Mil. Harbin Dongan Auto Engine Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥885 Mil. Hence, Harbin Dongan Auto Engine Co's Days Payable for the three months ended in Mar. 2026 was 315.92.

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

SHSE:600178' s Days Payable Range Over the Past 10 Years
Min: 180.07   Med: 227.89   Max: 344.71
Current: 199.7

During the past 13 years, Harbin Dongan Auto Engine Co's highest Days Payable was 344.71. The lowest was 180.07. And the median was 227.89.

SHSE:600178's Days Payable is ranked better than
92.13% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs SHSE:600178: 199.70

Harbin Dongan Auto Engine Co's Days Payable increased from Mar. 2025 (255.97) to Mar. 2026 (315.92). It may suggest that Harbin Dongan Auto Engine Co delayed paying its suppliers.


Harbin Dongan Auto Engine Co Days Payable Historical Data

* Premium members only.

The historical data trend for Harbin Dongan Auto Engine 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.

Harbin Dongan Auto Engine Co Days Payable Chart

Harbin Dongan Auto Engine 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 218.46 231.16 203.37 224.62 189.23

Harbin Dongan Auto Engine 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 255.97 176.68 216.82 152.78 315.92

SHSE:600178 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Harbin Dongan Auto Engine 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.


Harbin Dongan Auto Engine Co Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Harbin Dongan Auto Engine Co's Days Payable falls into.


SHSE:600178
45GF Score
Harbin Dongan Auto Engine Co Ltd SHSE:600178
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbin Dongan Auto Engine 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.

Harbin Dongan Auto Engine 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
=( (2553.834 + 3115.663) / 2 ) / 5467.855*365
=2834.7485 / 5467.855*365
=189.23

Harbin Dongan Auto Engine 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
=( (3115.663 + 3013.305) / 2 ) / 885.141*365 / 4
=3064.484 / 885.141*365 / 4
=315.92

* 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 315.92 mean?
Harbin Dongan Auto Engine Co (SHSE:600178) has a Days Payable of 315.92 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 Harbin Dongan Auto Engine Co and its competitors. This is 39% above median its historical median of 227.89. Over the past decade, Harbin Dongan Auto Engine Co's Days Payable has ranged from 180.07 to 344.71. According to the industry distribution chart, Harbin Dongan Auto Engine Co ranks #103 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 7.9%.
Is Harbin Dongan Auto Engine Co's Days Payable too high?
Harbin Dongan Auto Engine Co's current Days Payable of 315.92 is 39% above median its 10-year median of 227.89. Over the past 10 years, this metric has ranged from a low of 180.07 to a high of 344.71. The Vehicles & Parts industry median Days Payable is 67.04. Harbin Dongan Auto Engine Co's value of 315.92 is 371.3% above this industry median. Based on the distribution chart, Harbin Dongan Auto Engine Co ranks #103 out of 1308 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Harbin Dongan Auto Engine Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Dongan Auto Engine Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Harbin Dongan Auto Engine Co ranks #103 out of 1308 companies for Days Payable. This places Harbin Dongan Auto Engine Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.04. Harbin Dongan Auto Engine Co's value of 315.92 is 371.3% above this benchmark. Historically, Harbin Dongan Auto Engine Co's own Days Payable has ranged from 180.07 to 344.71 over the past decade. While the company's 10-year median is 227.89 vs. the industry median of 67.04, Harbin Dongan Auto Engine 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 67.04, based on 1,308 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. Harbin Dongan Auto Engine Co's current Days Payable of 315.92 is 371.3% 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 Harbin Dongan Auto Engine Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin Dongan Auto Engine Co's current Days Payable is 315.92, which is 39% above median its own 10-year median of 227.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Dongan Auto Engine Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Dongan Auto Engine Co (SHSE:600178) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.56, compared to a current price of ¥9.57 — trading 29.4% below its estimated fair value. The current Days Payable is 315.92, which is 39% above median its 10-year median of 227.89 and 371.3% above the Vehicles & Parts industry median of 67.04. Harbin Dongan Auto Engine Co's overall GF Score™ is 45/100 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 Harbin Dongan Auto Engine Co (SHSE:600178), the current Days Payable is 315.92 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 Harbin Dongan Auto Engine Co (SHSE:600178) Overvalued in 2026?

Based on GuruFocus' analysis, Harbin Dongan Auto Engine Co stock appears to be undervalued. The current stock price of ¥9.57 is trading 29.4% below its estimated GF Value™ of ¥13.56. GuruFocus considers Harbin Dongan Auto Engine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600178:

  • Days Payable: 315.92 (39% above median its 10-year median of 227.89)
  • GF Value™: ¥13.56 vs. price of ¥9.57 (29.4% below fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 371.3% above the Vehicles & Parts median (#103 of 1308)

No single metric tells the full story. See the SHSE:600178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harbin Dongan Auto Engine Co Business Description

Address 13 High-tech Development Zone, Nangang District, Heilongjiang Province, Harbin, CHN, 150066
Harbin Dongan Auto Engine Co Ltd is a China-based company is mainly engaged in the production and distribution of mini-car engines, transmissions, parts, and casting products.
45GF Score

Get the complete analysis for SHSE:600178

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

¥9.57
Price
¥13.56
GF Value