Giti TireSHSE:600182 -1.44%72 Days Payable is 116.90 as of Mar. 2026, which is 191% above its 10-year median of 40.16. GuruFocus rates SHSE:600182 with a GF Score™ of 72/100 and a GF Value™ of ¥16.49 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Giti Tire ranks better than 72.48% on this metric.
Giti Tire's average Accounts Payable for the
three
months ended in Mar. 2026 was ¥1,128 Mil. Giti Tire's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ¥880 Mil.
Hence, Giti Tire's Days Payable for the
three
months ended in Mar. 2026 was 116.90.
The historical rank and industry rank for Giti Tire's Days Payable or its related term are showing as below:
SHSE:600182'
s Days Payable Range Over the Past 10 Years
Min: 21.91 Med: 40.16 Max: 108.31
Current: 108.31
During the past 13 years, Giti Tire's highest Days Payable was 108.31. The lowest was 21.91. And the median was 40.16.
SHSE:600182's Days Payable is ranked better than 72.48% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 67.035
vs SHSE:600182: 108.31
Giti Tire's Days Payable
increased
from Mar. 2025 (102.62) to Mar. 2026 (116.90).
It may suggest that Giti Tiredelayed paying its suppliers.
Giti Tire Days Payable Related Terms
Giti Tire Days Payable Historical Data
* Premium members only.
The historical data trend for Giti Tire'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 Auto Parts subindustry, Giti Tire'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.
Giti Tire Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Giti Tire's Days Payable distribution charts can be found below:
* The bar in red indicates where Giti Tire'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.
Giti Tire'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.
Giti Tire (SHSE:600182) has a Days Payable of 116.90 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 Giti Tire and its competitors. This is 191% above median its historical median of 40.16. Over the past decade, Giti Tire's Days Payable has ranged from 21.91 to 108.31. According to the industry distribution chart, Giti Tire ranks #360 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 27.5%.
Is Giti Tire's Days Payable too high?
Giti Tire's current Days Payable of 116.90 is 191% above median its 10-year median of 40.16. Over the past 10 years, this metric has ranged from a low of 21.91 to a high of 108.31. The Vehicles & Parts industry median Days Payable is 67.04. Giti Tire's value of 116.90 is 74.4% above this industry median. Based on the distribution chart, Giti Tire ranks #360 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Giti Tire has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giti Tire's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Giti Tire ranks #360 out of 1308 companies for Days Payable. This puts Giti Tire in the upper half of its industry. The industry median Days Payable is 67.04. Giti Tire's value of 116.90 is 74.4% above this benchmark. Historically, Giti Tire's own Days Payable has ranged from 21.91 to 108.31 over the past decade. While the company's 10-year median is 40.16 vs. the industry median of 67.04, Giti Tire 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. Giti Tire's current Days Payable of 116.90 is 74.4% 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 Giti Tire 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. Giti Tire's current Days Payable is 116.90, which is 191% above median its own 10-year median of 40.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giti Tire stock overvalued right now?
Based on GuruFocus' analysis, Giti Tire (SHSE:600182) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.49, compared to a current price of ¥13.65 — trading 17.2% below its estimated fair value. The current Days Payable is 116.90, which is 191% above median its 10-year median of 40.16 and 74.4% above the Vehicles & Parts industry median of 67.04. Giti Tire's overall GF Score™ is 72/100 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 Giti Tire (SHSE:600182), the current Days Payable is 116.90 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 Giti Tire (SHSE:600182) Overvalued in 2026?
Based on GuruFocus' analysis, Giti Tire stock appears to be undervalued.
The current stock price of ¥13.65 is trading 17.2% below its estimated GF Value™ of ¥16.49.
GuruFocus considers Giti Tire to be Modestly Undervalued.
Key valuation signals for SHSE:600182:
Days Payable: 116.90 (191% above median its 10-year median of 40.16)
GF Value™: ¥16.49 vs. price of ¥13.65 (17.2% below fair value)
Industry Position: 74.4% above the Vehicles & Parts median (#360 of 1308)
No single metric tells the full story. See the SHSE:600182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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