LONGi Green Energy Technology Co (SHSE:601012) Days Payable: 328.07 (As of Mar. 2026) — 100% Above Median

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SHSE:601012 LONGi Green Energy Technology Co Ltd SHSE:601012
73 GF Score
Price ¥11.75
GF Value ¥13.32
Valuation Modestly Undervalued
! 9 Warning Signs
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What is LONGi Green Energy Technology Co Days Payable?

LONGi Green Energy Technology Co SHSE:601012 -0.93% 73 Days Payable is 328.07 as of Mar. 2026, which is 100% above its 10-year median of 164.12. GuruFocus rates SHSE:601012 with a GF Score™ of 73/100 and a GF Value™ of ¥13.32 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 999 Semiconductors companies, LONGi Green Energy Technology Co ranks better than 90.59% on this metric.

LONGi Green Energy Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥40,715 Mil. LONGi Green Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥11,325 Mil. Hence, LONGi Green Energy Technology Co's Days Payable for the three months ended in Mar. 2026 was 328.07.

The historical rank and industry rank for LONGi Green Energy Technology Co's Days Payable or its related term are showing as below:

SHSE:601012' s Days Payable Range Over the Past 10 Years
Min: 92.45   Med: 164.12   Max: 206.72
Current: 202

During the past 13 years, LONGi Green Energy Technology Co's highest Days Payable was 206.72. The lowest was 92.45. And the median was 164.12.

SHSE:601012's Days Payable is ranked better than
90.59% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs SHSE:601012: 202.00

LONGi Green Energy Technology Co's Days Payable increased from Mar. 2025 (219.46) to Mar. 2026 (328.07). It may suggest that LONGi Green Energy Technology Co delayed paying its suppliers.


LONGi Green Energy Technology Co Days Payable Related Terms


LONGi Green Energy Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for LONGi Green Energy Technology 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.

LONGi Green Energy Technology Co Days Payable Chart

LONGi Green Energy Technology 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 124.39 92.45 129.19 186.61 206.72

LONGi Green Energy Technology 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 219.46 159.48 191.58 186.61 328.07

SHSE:601012 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, LONGi Green Energy Technology 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.


LONGi Green Energy Technology Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, LONGi Green Energy Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where LONGi Green Energy Technology Co's Days Payable falls into.


SHSE:601012
73GF Score
LONGi Green Energy Technology Co Ltd SHSE:601012
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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LONGi Green Energy Technology 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.

LONGi Green Energy Technology 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
=( (37072.953 + 41965.754) / 2 ) / 69777.4*365
=39519.3535 / 69777.4*365
=206.72

LONGi Green Energy Technology 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
=( (41965.754 + 39463.564) / 2 ) / 11324.5*365 / 4
=40714.659 / 11324.5*365 / 4
=328.07

* 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 328.07 mean?
LONGi Green Energy Technology Co (SHSE:601012) has a Days Payable of 328.07 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 LONGi Green Energy Technology Co and its competitors. This is 100% above median its historical median of 164.12. Over the past decade, LONGi Green Energy Technology Co's Days Payable has ranged from 92.45 to 206.72. According to the industry distribution chart, LONGi Green Energy Technology Co ranks #94 out of 999 companies in the Semiconductors industry, placing it in the top 9.4%.
Is LONGi Green Energy Technology Co's Days Payable too high?
LONGi Green Energy Technology Co's current Days Payable of 328.07 is 100% above median its 10-year median of 164.12. Over the past 10 years, this metric has ranged from a low of 92.45 to a high of 206.72. The Semiconductors industry median Days Payable is 53.16. LONGi Green Energy Technology Co's value of 328.07 is 517.1% above this industry median. Based on the distribution chart, LONGi Green Energy Technology Co ranks #94 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, LONGi Green Energy Technology Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LONGi Green Energy Technology Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, LONGi Green Energy Technology Co ranks #94 out of 999 companies for Days Payable. This places LONGi Green Energy Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.16. LONGi Green Energy Technology Co's value of 328.07 is 517.1% above this benchmark. Historically, LONGi Green Energy Technology Co's own Days Payable has ranged from 92.45 to 206.72 over the past decade. While the company's 10-year median is 164.12 vs. the industry median of 53.16, LONGi Green Energy Technology 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.16, based on 999 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. LONGi Green Energy Technology Co's current Days Payable of 328.07 is 517.1% 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 LONGi Green Energy Technology Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LONGi Green Energy Technology Co's current Days Payable is 328.07, which is 100% above median its own 10-year median of 164.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LONGi Green Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, LONGi Green Energy Technology Co (SHSE:601012) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.32, compared to a current price of ¥11.75 — trading 11.8% below its estimated fair value. The current Days Payable is 328.07, which is 100% above median its 10-year median of 164.12 and 517.1% above the Semiconductors industry median of 53.16. LONGi Green Energy Technology Co's overall GF Score™ is 73/100 with 9 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 LONGi Green Energy Technology Co (SHSE:601012), the current Days Payable is 328.07 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 LONGi Green Energy Technology Co (SHSE:601012) Overvalued in 2026?

Based on GuruFocus' analysis, LONGi Green Energy Technology Co stock appears to be undervalued. The current stock price of ¥11.75 is trading 11.8% below its estimated GF Value™ of ¥13.32. GuruFocus considers LONGi Green Energy Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:601012:

  • Days Payable: 328.07 (100% above median its 10-year median of 164.12)
  • GF Value™: ¥13.32 vs. price of ¥11.75 (11.8% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 517.1% above the Semiconductors median (#94 of 999)

No single metric tells the full story. See the SHSE:601012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LONGi Green Energy Technology Co Business Description

Address No. 8369, Shangyuan Road, Economic and Technological Development Zone, Shaanxi Province, Xian, CHN, 710018
LONGi Green Energy Technology is one of the largest integrated solar companies in the world. Following an acquisition in January 2026, it has expanded into energy storage systems. LONGi's products are sold in more than 150 countries and regions.
73GF Score

Get the complete analysis for SHSE:601012

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

¥11.75
Price
¥13.32
GF Value