Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Days Payable: 220.13 (As of Mar. 2026) — 17% Above Median

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SHSE:601799 Changzhou Xingyu Automotive Lighting Systems Co Ltd SHSE:601799
88 GF Score
Price ¥88.42
GF Value ¥182.13
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Changzhou Xingyu Automotive Lighting Systems Co Days Payable?

Changzhou Xingyu Automotive Lighting Systems Co SHSE:601799 +1.55% 88 Days Payable is 220.13 as of Mar. 2026, which is 17% above its 10-year median of 187.73. GuruFocus rates SHSE:601799 with a GF Score™ of 88/100 and a GF Value™ of ¥182.13 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Changzhou Xingyu Automotive Lighting Systems Co ranks better than 89.74% on this metric.

Changzhou Xingyu Automotive Lighting Systems Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥6,675 Mil. Changzhou Xingyu Automotive Lighting Systems Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,767 Mil. Hence, Changzhou Xingyu Automotive Lighting Systems Co's Days Payable for the three months ended in Mar. 2026 was 220.13.

The historical rank and industry rank for Changzhou Xingyu Automotive Lighting Systems Co's Days Payable or its related term are showing as below:

SHSE:601799' s Days Payable Range Over the Past 10 Years
Min: 173.46   Med: 187.73   Max: 219.61
Current: 178.86

During the past 13 years, Changzhou Xingyu Automotive Lighting Systems Co's highest Days Payable was 219.61. The lowest was 173.46. And the median was 187.73.

SHSE:601799's Days Payable is ranked better than
89.74% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:601799: 178.86

Changzhou Xingyu Automotive Lighting Systems Co's Days Payable increased from Mar. 2025 (202.96) to Mar. 2026 (220.13). It may suggest that Changzhou Xingyu Automotive Lighting Systems Co delayed paying its suppliers.


Changzhou Xingyu Automotive Lighting Systems Co Days Payable Related Terms


Changzhou Xingyu Automotive Lighting Systems Co Days Payable Historical Data

* Premium members only.

The historical data trend for Changzhou Xingyu Automotive Lighting Systems 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.

Changzhou Xingyu Automotive Lighting Systems Co Days Payable Chart

Changzhou Xingyu Automotive Lighting Systems 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 206.66 209.39 187.63 174.89 186.70

Changzhou Xingyu Automotive Lighting Systems 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 202.96 173.29 170.86 162.49 220.13

SHSE:601799 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting 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.


Changzhou Xingyu Automotive Lighting Systems Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Xingyu Automotive Lighting Systems Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changzhou Xingyu Automotive Lighting Systems Co's Days Payable falls into.


SHSE:601799
88GF Score
Changzhou Xingyu Automotive Lighting Systems Co Ltd SHSE:601799
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changzhou Xingyu Automotive Lighting 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.

Changzhou Xingyu Automotive Lighting Systems 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
=( (5723.703 + 6817.409) / 2 ) / 12258.946*365
=6270.556 / 12258.946*365
=186.70

Changzhou Xingyu Automotive Lighting Systems 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
=( (6817.409 + 6531.598) / 2 ) / 2766.807*365 / 4
=6674.5035 / 2766.807*365 / 4
=220.13

* 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 220.13 mean?
Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) has a Days Payable of 220.13 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 Changzhou Xingyu Automotive Lighting Systems Co and its competitors. This is 17% above median its historical median of 187.73. Over the past decade, Changzhou Xingyu Automotive Lighting Systems Co's Days Payable has ranged from 173.46 to 219.61. According to the industry distribution chart, Changzhou Xingyu Automotive Lighting Systems Co ranks #134 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 10.3%.
Is Changzhou Xingyu Automotive Lighting Systems Co's Days Payable too high?
Changzhou Xingyu Automotive Lighting Systems Co's current Days Payable of 220.13 is 17% above median its 10-year median of 187.73. Over the past 10 years, this metric has ranged from a low of 173.46 to a high of 219.61. The Vehicles & Parts industry median Days Payable is 67.26. Changzhou Xingyu Automotive Lighting Systems Co's value of 220.13 is 227.3% above this industry median. Based on the distribution chart, Changzhou Xingyu Automotive Lighting Systems Co ranks #134 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Xingyu Automotive Lighting Systems Co has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Xingyu Automotive Lighting Systems Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changzhou Xingyu Automotive Lighting Systems Co ranks #134 out of 1306 companies for Days Payable. This places Changzhou Xingyu Automotive Lighting Systems Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Changzhou Xingyu Automotive Lighting Systems Co's value of 220.13 is 227.3% above this benchmark. Historically, Changzhou Xingyu Automotive Lighting Systems Co's own Days Payable has ranged from 173.46 to 219.61 over the past decade. While the company's 10-year median is 187.73 vs. the industry median of 67.26, Changzhou Xingyu Automotive Lighting 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 67.26, 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. Changzhou Xingyu Automotive Lighting Systems Co's current Days Payable of 220.13 is 227.3% 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 Changzhou Xingyu Automotive Lighting Systems Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Xingyu Automotive Lighting Systems Co's current Days Payable is 220.13, which is 17% above median its own 10-year median of 187.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Xingyu Automotive Lighting Systems Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥182.13, compared to a current price of ¥88.42 — trading 51.5% below its estimated fair value. The current Days Payable is 220.13, which is 17% above median its 10-year median of 187.73 and 227.3% above the Vehicles & Parts industry median of 67.26. Changzhou Xingyu Automotive Lighting Systems Co's overall GF Score™ is 88/100 with 3 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 Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799), the current Days Payable is 220.13 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 Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Xingyu Automotive Lighting Systems Co stock appears to be undervalued. The current stock price of ¥88.42 is trading 51.5% below its estimated GF Value™ of ¥182.13. GuruFocus considers Changzhou Xingyu Automotive Lighting Systems Co to be Significantly Undervalued.

Key valuation signals for SHSE:601799:

  • Days Payable: 220.13 (17% above median its 10-year median of 187.73)
  • GF Value™: ¥182.13 vs. price of ¥88.42 (51.5% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 227.3% above the Vehicles & Parts median (#134 of 1306)

No single metric tells the full story. See the SHSE:601799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Xingyu Automotive Lighting Systems Co Business Description

Address No. 182, Qinling Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various types of equipment, namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and painting stations, vibration and friction welding machines, vacuum aluminum plating machines, and others.
88GF Score

Get the complete analysis for SHSE:601799

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

¥88.42
Price
¥182.13
GF Value