Lanpec Technologies Co (SHSE:601798) Days Payable: 401.93 (As of Mar. 2026) — 102% Above Median


SHSE:601798 Lanpec Technologies Co Ltd SHSE:601798
58 GF Score
Price ¥6.94
GF Value ¥8.60
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lanpec Technologies Co Days Payable?

Lanpec Technologies Co SHSE:601798 +1.61% 58 Days Payable is 401.93 as of Mar. 2026, which is 102% above its 10-year median of 198.93. GuruFocus rates SHSE:601798 with a GF Score™ of 58/100 and a GF Value™ of ¥8.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Lanpec Technologies Co ranks better than 77.09% on this metric.

Lanpec Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥350.2 Mil. Lanpec Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥79.5 Mil. Hence, Lanpec Technologies Co's Days Payable for the three months ended in Mar. 2026 was 401.93.

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

SHSE:601798' s Days Payable Range Over the Past 10 Years
Min: 139.89   Med: 198.93   Max: 277.76
Current: 139.89

During the past 13 years, Lanpec Technologies Co's highest Days Payable was 277.76. The lowest was 139.89. And the median was 198.93.

SHSE:601798's Days Payable is ranked better than
77.09% of 851 companies
in the Oil & Gas industry
Industry Median: 58.34 vs SHSE:601798: 139.89

Lanpec Technologies Co's Days Payable increased from Mar. 2025 (199.83) to Mar. 2026 (401.93). It may suggest that Lanpec Technologies Co delayed paying its suppliers.


Lanpec Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lanpec Technologies 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.

Lanpec Technologies Co Days Payable Chart

Lanpec Technologies 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 185.49 204.51 171.40 211.63 140.69

Lanpec Technologies 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 199.83 95.78 161.52 91.38 401.93

SHSE:601798 vs SLB, BKR, HAL: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Lanpec Technologies 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.


Lanpec Technologies Co Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Lanpec Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lanpec Technologies Co's Days Payable falls into.


SHSE:601798
58GF Score
Lanpec Technologies Co Ltd SHSE:601798
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lanpec Technologies 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.

Lanpec Technologies 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
=( (215.303 + 352.054) / 2 ) / 735.954*365
=283.6785 / 735.954*365
=140.69

Lanpec Technologies 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
=( (352.054 + 348.377) / 2 ) / 79.51*365 / 4
=350.2155 / 79.51*365 / 4
=401.93

* 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 401.93 mean?
Lanpec Technologies Co (SHSE:601798) has a Days Payable of 401.93 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 Lanpec Technologies Co and its competitors. This is 102% above median its historical median of 198.93. Over the past decade, Lanpec Technologies Co's Days Payable has ranged from 139.89 to 277.76. According to the industry distribution chart, Lanpec Technologies Co ranks #195 out of 851 companies in the Oil & Gas industry, placing it in the top 22.9%.
Is Lanpec Technologies Co's Days Payable too high?
Lanpec Technologies Co's current Days Payable of 401.93 is 102% above median its 10-year median of 198.93. Over the past 10 years, this metric has ranged from a low of 139.89 to a high of 277.76. The Oil & Gas industry median Days Payable is 58.34. Lanpec Technologies Co's value of 401.93 is 588.9% above this industry median. Based on the distribution chart, Lanpec Technologies Co ranks #195 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Lanpec Technologies Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lanpec Technologies Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Lanpec Technologies Co ranks #195 out of 851 companies for Days Payable. This places Lanpec Technologies Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 58.34. Lanpec Technologies Co's value of 401.93 is 588.9% above this benchmark. Historically, Lanpec Technologies Co's own Days Payable has ranged from 139.89 to 277.76 over the past decade. While the company's 10-year median is 198.93 vs. the industry median of 58.34, Lanpec Technologies 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.34, based on 851 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. Lanpec Technologies Co's current Days Payable of 401.93 is 588.9% 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 Lanpec Technologies Co and its competitors. For the Oil & Gas industry, the median Days Payable is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanpec Technologies Co's current Days Payable is 401.93, which is 102% above median its own 10-year median of 198.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanpec Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Lanpec Technologies Co (SHSE:601798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.60, compared to a current price of ¥6.94 — trading 19.3% below its estimated fair value. The current Days Payable is 401.93, which is 102% above median its 10-year median of 198.93 and 588.9% above the Oil & Gas industry median of 58.34. Lanpec Technologies Co's overall GF Score™ is 58/100 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 Lanpec Technologies Co (SHSE:601798), the current Days Payable is 401.93 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 Lanpec Technologies Co (SHSE:601798) Overvalued in 2026?

Based on GuruFocus' analysis, Lanpec Technologies Co stock appears to be undervalued. The current stock price of ¥6.94 is trading 19.3% below its estimated GF Value™ of ¥8.60. GuruFocus considers Lanpec Technologies Co to be Modestly Undervalued.

Key valuation signals for SHSE:601798:

  • Days Payable: 401.93 (102% above median its 10-year median of 198.93)
  • GF Value™: ¥8.60 vs. price of ¥6.94 (19.3% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 588.9% above the Oil & Gas median (#195 of 851)

No single metric tells the full story. See the SHSE:601798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanpec Technologies Co Business Description

Industry EnergyOil & Gas
Address No. 8, Lanke Road, Anning District, Lanzhou, CHN, 730070
Lanpec Technologies Co Ltd is engaged in the oil drilling machinery and equipment, refining and chemical equipment, marine and desert petroleum equipment and engineering, refining and chemical processing, and light industry and food machinery research.
58GF Score

Get the complete analysis for SHSE:601798

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

¥6.94
Price
¥8.60
GF Value