Lingyun Industrial (SHSE:600480) Days Payable: 160.69 (As of Mar. 2026) — 47% Above Median

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SHSE:600480 Lingyun Industrial Corp Ltd SHSE:600480
69 GF Score
Price ¥8.50
GF Value ¥9.18
Valuation Fairly Valued
! 2 Warning Signs
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What is Lingyun Industrial Days Payable?

Lingyun Industrial SHSE:600480 +1.31% 69 Days Payable is 160.69 as of Mar. 2026, which is 47% above its 10-year median of 109.14. GuruFocus rates SHSE:600480 with a GF Score™ of 69/100 and a GF Value™ of ¥9.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Lingyun Industrial ranks better than 80.02% on this metric.

Lingyun Industrial's average Accounts Payable for the three months ended in Mar. 2026 was ¥6,683 Mil. Lingyun Industrial's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,795 Mil. Hence, Lingyun Industrial's Days Payable for the three months ended in Mar. 2026 was 160.69.

The historical rank and industry rank for Lingyun Industrial's Days Payable or its related term are showing as below:

SHSE:600480' s Days Payable Range Over the Past 10 Years
Min: 95.82   Med: 109.14   Max: 138.42
Current: 135.59

During the past 13 years, Lingyun Industrial's highest Days Payable was 138.42. The lowest was 95.82. And the median was 109.14.

SHSE:600480's Days Payable is ranked better than
80.02% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:600480: 135.59

Lingyun Industrial's Days Payable increased from Mar. 2025 (146.47) to Mar. 2026 (160.69). It may suggest that Lingyun Industrial delayed paying its suppliers.


Lingyun Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Lingyun Industrial'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.

Lingyun Industrial Days Payable Chart

Lingyun Industrial 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 108.36 105.39 110.04 128.21 138.42

Lingyun Industrial 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 146.47 126.98 136.32 124.08 160.69

SHSE:600480 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Lingyun Industrial'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.


Lingyun Industrial Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lingyun Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Lingyun Industrial's Days Payable falls into.


SHSE:600480
69GF Score
Lingyun Industrial Corp Ltd SHSE:600480
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lingyun Industrial 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.

Lingyun Industrial'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
=( (5768.759 + 6782.248) / 2 ) / 16547.675*365
=6275.5035 / 16547.675*365
=138.42

Lingyun Industrial'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
=( (6782.248 + 6584.343) / 2 ) / 3795.155*365 / 4
=6683.2955 / 3795.155*365 / 4
=160.69

* 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 160.69 mean?
Lingyun Industrial (SHSE:600480) has a Days Payable of 160.69 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 Lingyun Industrial and its competitors. This is 47% above median its historical median of 109.14. Over the past decade, Lingyun Industrial's Days Payable has ranged from 95.82 to 138.42. According to the industry distribution chart, Lingyun Industrial ranks #261 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 20%.
Is Lingyun Industrial's Days Payable too high?
Lingyun Industrial's current Days Payable of 160.69 is 47% above median its 10-year median of 109.14. Over the past 10 years, this metric has ranged from a low of 95.82 to a high of 138.42. The Vehicles & Parts industry median Days Payable is 67.14. Lingyun Industrial's value of 160.69 is 139.3% above this industry median. Based on the distribution chart, Lingyun Industrial ranks #261 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Lingyun Industrial has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lingyun Industrial's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lingyun Industrial ranks #261 out of 1306 companies for Days Payable. This places Lingyun Industrial in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. Lingyun Industrial's value of 160.69 is 139.3% above this benchmark. Historically, Lingyun Industrial's own Days Payable has ranged from 95.82 to 138.42 over the past decade. While the company's 10-year median is 109.14 vs. the industry median of 67.14, Lingyun Industrial 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 67.14, based on 1,306 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. Lingyun Industrial's current Days Payable of 160.69 is 139.3% 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 Lingyun Industrial and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyun Industrial's current Days Payable is 160.69, which is 47% above median its own 10-year median of 109.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyun Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lingyun Industrial (SHSE:600480) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.18, compared to a current price of ¥8.50 — trading 7.4% below its estimated fair value. The current Days Payable is 160.69, which is 47% above median its 10-year median of 109.14 and 139.3% above the Vehicles & Parts industry median of 67.14. Lingyun Industrial's overall GF Score™ is 69/100 with 2 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 Lingyun Industrial (SHSE:600480), the current Days Payable is 160.69 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 Lingyun Industrial (SHSE:600480) Overvalued in 2026?

Based on GuruFocus' analysis, Lingyun Industrial stock appears to be undervalued. The current stock price of ¥8.50 is trading 7.4% below its estimated GF Value™ of ¥9.18. GuruFocus considers Lingyun Industrial to be Fairly Valued.

Key valuation signals for SHSE:600480:

  • Days Payable: 160.69 (47% above median its 10-year median of 109.14)
  • GF Value™: ¥9.18 vs. price of ¥8.50 (7.4% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 139.3% above the Vehicles & Parts median (#261 of 1306)

No single metric tells the full story. See the SHSE:600480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lingyun Industrial Business Description

Address Songlindian Town, Zhuozhou, Hebei, CHN, 072761
Lingyun Industrial Corp Ltd is a China-based company engaged in the production and distribution of metal auto parts, plastic auto parts, and PE pipe system. The company's main products include Battery case, Injection welding pipe fittings, Pipe products, Electric heating pipe fittings, PP winding tube, Decorative seal, Car decoration and Car rubber and nylon pipe.
69GF Score

Get the complete analysis for SHSE:600480

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

¥8.50
Price
¥9.18
GF Value