Lanzhou Great Wall Electrical Co (SHSE:600192) Days Payable: 397.16 (As of Mar. 2026) — 68% Above Median

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SHSE:600192 Lanzhou Great Wall Electrical Co Ltd SHSE:600192
44 GF Score
Price ¥6.13
GF Value ¥4.90
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Lanzhou Great Wall Electrical Co Days Payable?

Lanzhou Great Wall Electrical Co SHSE:600192 +0.66% 44 Days Payable is 397.16 as of Mar. 2026, which is 68% above its 10-year median of 236.12. GuruFocus rates SHSE:600192 with a GF Score™ of 44/100 and a GF Value™ of ¥4.90 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,991 Industrial Products companies, Lanzhou Great Wall Electrical Co ranks better than 94.88% on this metric.

Lanzhou Great Wall Electrical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,234 Mil. Lanzhou Great Wall Electrical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥284 Mil. Hence, Lanzhou Great Wall Electrical Co's Days Payable for the three months ended in Mar. 2026 was 397.16.

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

SHSE:600192' s Days Payable Range Over the Past 10 Years
Min: 184.67   Med: 236.12   Max: 319.62
Current: 301.12

During the past 13 years, Lanzhou Great Wall Electrical Co's highest Days Payable was 319.62. The lowest was 184.67. And the median was 236.12.

SHSE:600192's Days Payable is ranked better than
94.88% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs SHSE:600192: 301.12

Lanzhou Great Wall Electrical Co's Days Payable declined from Mar. 2025 (435.62) to Mar. 2026 (397.16). It may suggest that Lanzhou Great Wall Electrical Co accelerated paying its suppliers.


Lanzhou Great Wall Electrical Co Days Payable Related Terms


Lanzhou Great Wall Electrical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lanzhou Great Wall Electrical 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.

Lanzhou Great Wall Electrical Co Days Payable Chart

Lanzhou Great Wall Electrical 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 205.74 264.73 278.15 319.62 312.53

Lanzhou Great Wall Electrical 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 435.62 284.05 308.57 249.98 397.16

SHSE:600192 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Lanzhou Great Wall Electrical 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.


Lanzhou Great Wall Electrical Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lanzhou Great Wall Electrical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lanzhou Great Wall Electrical Co's Days Payable falls into.


SHSE:600192
44GF Score
Lanzhou Great Wall Electrical Co Ltd SHSE:600192
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lanzhou Great Wall Electrical 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.

Lanzhou Great Wall Electrical 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
=( (1221.351 + 1210.46) / 2 ) / 1420.027*365
=1215.9055 / 1420.027*365
=312.53

Lanzhou Great Wall Electrical 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
=( (1210.46 + 1257.484) / 2 ) / 283.513*365 / 4
=1233.972 / 283.513*365 / 4
=397.16

* 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 397.16 mean?
Lanzhou Great Wall Electrical Co (SHSE:600192) has a Days Payable of 397.16 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 Lanzhou Great Wall Electrical Co and its competitors. This is 68% above median its historical median of 236.12. Over the past decade, Lanzhou Great Wall Electrical Co's Days Payable has ranged from 184.67 to 319.62. According to the industry distribution chart, Lanzhou Great Wall Electrical Co ranks #153 out of 2991 companies in the Industrial Products industry, placing it in the top 5.1%.
Is Lanzhou Great Wall Electrical Co's Days Payable too high?
Lanzhou Great Wall Electrical Co's current Days Payable of 397.16 is 68% above median its 10-year median of 236.12. Over the past 10 years, this metric has ranged from a low of 184.67 to a high of 319.62. The Industrial Products industry median Days Payable is 77.97. Lanzhou Great Wall Electrical Co's value of 397.16 is 409.4% above this industry median. Based on the distribution chart, Lanzhou Great Wall Electrical Co ranks #153 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lanzhou Great Wall Electrical Co has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lanzhou Great Wall Electrical Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Lanzhou Great Wall Electrical Co ranks #153 out of 2991 companies for Days Payable. This places Lanzhou Great Wall Electrical Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.97. Lanzhou Great Wall Electrical Co's value of 397.16 is 409.4% above this benchmark. Historically, Lanzhou Great Wall Electrical Co's own Days Payable has ranged from 184.67 to 319.62 over the past decade. While the company's 10-year median is 236.12 vs. the industry median of 77.97, Lanzhou Great Wall Electrical 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Lanzhou Great Wall Electrical Co's current Days Payable of 397.16 is 409.4% 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 Lanzhou Great Wall Electrical Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanzhou Great Wall Electrical Co's current Days Payable is 397.16, which is 68% above median its own 10-year median of 236.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanzhou Great Wall Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Lanzhou Great Wall Electrical Co (SHSE:600192) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.90, compared to a current price of ¥6.13 — trading 25.1% above its estimated fair value. The current Days Payable is 397.16, which is 68% above median its 10-year median of 236.12 and 409.4% above the Industrial Products industry median of 77.97. Lanzhou Great Wall Electrical Co's overall GF Score™ is 44/100 with 7 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 Lanzhou Great Wall Electrical Co (SHSE:600192), the current Days Payable is 397.16 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 Lanzhou Great Wall Electrical Co (SHSE:600192) Overvalued in 2026?

Based on GuruFocus' analysis, Lanzhou Great Wall Electrical Co stock appears to be overvalued. The current stock price of ¥6.13 is trading 25.1% above its estimated GF Value™ of ¥4.90. GuruFocus considers Lanzhou Great Wall Electrical Co to be Modestly Overvalued.

Key valuation signals for SHSE:600192:

  • Days Payable: 397.16 (68% above median its 10-year median of 236.12)
  • GF Value™: ¥4.90 vs. price of ¥6.13 (25.1% above fair value)
  • GF Score™: 44/100 with 7 warning signs
  • Industry Position: 409.4% above the Industrial Products median (#153 of 2991)

No single metric tells the full story. See the SHSE:600192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanzhou Great Wall Electrical Co Business Description

Address No. 215 Nongmin Lane, Chengguan District, Lanzhou, Gansu, CHN, 730000
Lanzhou Great Wall Electrical Co Ltd is engaged in the research and development, manufacturing, sales and service of high and medium voltage switchgear complete sets of equipment, high and low voltage electrical components and key components, electric drive automation and new energy control systems, intelligent low voltage complete power distribution devices and busbar trunks. The company also operates fruit and vegetable juice processing, hydropower operation management and new energy batteries.
44GF Score

Get the complete analysis for SHSE:600192

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

¥6.13
Price
¥4.90
GF Value