Fujian Longking Co (SHSE:600388) Days Payable: 321.75 (As of Mar. 2026) — 61% Above Median


SHSE:600388 Fujian Longking Co Ltd SHSE:600388
83 GF Score
Price ¥15.89
GF Value ¥14.49
Valuation Fairly Valued
! 4 Warning Signs
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What is Fujian Longking Co Days Payable?

Fujian Longking Co SHSE:600388 -1.18% 83 Days Payable is 321.75 as of Mar. 2026, which is 61% above its 10-year median of 199.76. GuruFocus rates SHSE:600388 with a GF Score™ of 83/100 and a GF Value™ of ¥14.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, Fujian Longking Co ranks better than 91.13% on this metric.

Fujian Longking Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥6,223 Mil. Fujian Longking Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,765 Mil. Hence, Fujian Longking Co's Days Payable for the three months ended in Mar. 2026 was 321.75.

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

SHSE:600388' s Days Payable Range Over the Past 10 Years
Min: 175.45   Med: 199.76   Max: 276.14
Current: 244.53

During the past 13 years, Fujian Longking Co's highest Days Payable was 276.14. The lowest was 175.45. And the median was 199.76.

SHSE:600388's Days Payable is ranked better than
91.13% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs SHSE:600388: 244.53

Fujian Longking Co's Days Payable declined from Mar. 2025 (369.71) to Mar. 2026 (321.75). It may suggest that Fujian Longking Co accelerated paying its suppliers.


Fujian Longking Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Longking 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.

Fujian Longking Co Days Payable Chart

Fujian Longking 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 196.32 203.19 234.84 276.14 249.88

Fujian Longking 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 369.71 264.08 229.58 198.53 321.75

SHSE:600388 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Fujian Longking 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.


Fujian Longking Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujian Longking Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Longking Co's Days Payable falls into.


SHSE:600388
83GF Score
Fujian Longking Co Ltd SHSE:600388
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Longking 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.

Fujian Longking 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
=( (5871.444 + 6293.244) / 2 ) / 8884.543*365
=6082.344 / 8884.543*365
=249.88

Fujian Longking 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
=( (6293.244 + 6151.889) / 2 ) / 1764.766*365 / 4
=6222.5665 / 1764.766*365 / 4
=321.75

* 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 321.75 mean?
Fujian Longking Co (SHSE:600388) has a Days Payable of 321.75 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 Fujian Longking Co and its competitors. This is 61% above median its historical median of 199.76. Over the past decade, Fujian Longking Co's Days Payable has ranged from 175.45 to 276.14. According to the industry distribution chart, Fujian Longking Co ranks #265 out of 2986 companies in the Industrial Products industry, placing it in the top 8.9%.
Is Fujian Longking Co's Days Payable too high?
Fujian Longking Co's current Days Payable of 321.75 is 61% above median its 10-year median of 199.76. Over the past 10 years, this metric has ranged from a low of 175.45 to a high of 276.14. The Industrial Products industry median Days Payable is 77.81. Fujian Longking Co's value of 321.75 is 313.5% above this industry median. Based on the distribution chart, Fujian Longking Co ranks #265 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Longking Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Longking Co's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fujian Longking Co ranks #265 out of 2986 companies for Days Payable. This places Fujian Longking Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.81. Fujian Longking Co's value of 321.75 is 313.5% above this benchmark. Historically, Fujian Longking Co's own Days Payable has ranged from 175.45 to 276.14 over the past decade. While the company's 10-year median is 199.76 vs. the industry median of 77.81, Fujian Longking 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 77.81, based on 2,986 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. Fujian Longking Co's current Days Payable of 321.75 is 313.5% 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 Fujian Longking Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Longking Co's current Days Payable is 321.75, which is 61% above median its own 10-year median of 199.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Longking Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Longking Co (SHSE:600388) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.49, compared to a current price of ¥15.89 — trading 9.7% above its estimated fair value. The current Days Payable is 321.75, which is 61% above median its 10-year median of 199.76 and 313.5% above the Industrial Products industry median of 77.81. Fujian Longking Co's overall GF Score™ is 83/100 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 Fujian Longking Co (SHSE:600388), the current Days Payable is 321.75 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 Fujian Longking Co (SHSE:600388) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Longking Co stock appears to be overvalued. The current stock price of ¥15.89 is trading 9.7% above its estimated GF Value™ of ¥14.49. GuruFocus considers Fujian Longking Co to be Fairly Valued.

Key valuation signals for SHSE:600388:

  • Days Payable: 321.75 (61% above median its 10-year median of 199.76)
  • GF Value™: ¥14.49 vs. price of ¥15.89 (9.7% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 313.5% above the Industrial Products median (#265 of 2986)

No single metric tells the full story. See the SHSE:600388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Longking Co Business Description

Address No. 81 Lingyuan Road, Xinluo District, Longyan, Fujian, CHN, 364000
Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products.
83GF Score

Get the complete analysis for SHSE:600388

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

¥15.89
Price
¥14.49
GF Value