Bohai Automotive Systems CoSHSE:600960 -3.44%47 Days Payable is 72.71 as of Mar. 2026, which is 17% above its 10-year median of 61.96. GuruFocus rates SHSE:600960 with a GF Score™ of 47/100 and a GF Value™ of ¥2.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Bohai Automotive Systems Co ranks better than 54.05% on this metric.
The historical rank and industry rank for Bohai Automotive Systems Co's Days Payable or its related term are showing as below:
SHSE:600960'
s Days Payable Range Over the Past 10 Years
Min: 45.34 Med: 61.96 Max: 121.55
Current: 71.17
During the past 13 years, Bohai Automotive Systems Co's highest Days Payable was 121.55. The lowest was 45.34. And the median was 61.96.
SHSE:600960's Days Payable is ranked better than 54.05% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 67.035
vs SHSE:600960: 71.17
* 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, Bohai Automotive Systems 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.
Bohai Automotive Systems Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bohai Automotive Systems Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Bohai Automotive Systems Co's Days Payable falls into.
Bohai Automotive Systems 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.
* 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.
Bohai Automotive Systems Co (SHSE:600960) has a Days Payable of 72.71 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 Bohai Automotive Systems Co and its competitors. This is 17% above median its historical median of 61.96. Over the past decade, Bohai Automotive Systems Co's Days Payable has ranged from 45.34 to 121.55. According to the industry distribution chart, Bohai Automotive Systems Co ranks #601 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 45.9%.
Is Bohai Automotive Systems Co's Days Payable too high?
Bohai Automotive Systems Co's current Days Payable of 72.71 is 17% above median its 10-year median of 61.96. Over the past 10 years, this metric has ranged from a low of 45.34 to a high of 121.55. The Vehicles & Parts industry median Days Payable is 67.04. Bohai Automotive Systems Co's value of 72.71 is 8.5% above this industry median. Based on the distribution chart, Bohai Automotive Systems Co ranks #601 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Bohai Automotive Systems Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bohai Automotive Systems Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bohai Automotive Systems Co ranks #601 out of 1308 companies for Days Payable. This puts Bohai Automotive Systems Co in the upper half of its industry. The industry median Days Payable is 67.04. Bohai Automotive Systems Co's value of 72.71 is 8.5% above this benchmark. Historically, Bohai Automotive Systems Co's own Days Payable has ranged from 45.34 to 121.55 over the past decade. While the company's 10-year median is 61.96 vs. the industry median of 67.04, Bohai Automotive Systems 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. Bohai Automotive Systems Co's current Days Payable of 72.71 is 8.5% 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 Bohai Automotive Systems 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. Bohai Automotive Systems Co's current Days Payable is 72.71, which is 17% above median its own 10-year median of 61.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bohai Automotive Systems Co stock overvalued right now?
Based on GuruFocus' analysis, Bohai Automotive Systems Co (SHSE:600960) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.39, compared to a current price of ¥3.93 — trading 64.4% above its estimated fair value. The current Days Payable is 72.71, which is 17% above median its 10-year median of 61.96 and 8.5% above the Vehicles & Parts industry median of 67.04. Bohai Automotive Systems Co's overall GF Score™ is 47/100 with 5 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 Bohai Automotive Systems Co (SHSE:600960), the current Days Payable is 72.71 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 Bohai Automotive Systems Co (SHSE:600960) Overvalued in 2026?
Based on GuruFocus' analysis, Bohai Automotive Systems Co stock appears to be overvalued.
The current stock price of ¥3.93 is trading 64.4% above its estimated GF Value™ of ¥2.39.
GuruFocus considers Bohai Automotive Systems Co to be Significantly Overvalued.
Key valuation signals for SHSE:600960:
Days Payable: 72.71 (17% above median its 10-year median of 61.96)
GF Value™: ¥2.39 vs. price of ¥3.93 (64.4% above fair value)
Industry Position: 8.5% above the Vehicles & Parts median (#601 of 1308)
No single metric tells the full story. See the SHSE:600960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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