China Automotive Engineering Research Institute Co (SHSE:601965) Days Payable: 282.24 (As of Mar. 2026) — 196% Above Median

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SHSE:601965 China Automotive Engineering Research Institute Co Ltd SHSE:601965
77 GF Score
Price ¥12.65
GF Value ¥20.59
Valuation Significantly Undervalued
! 4 Warning Signs
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What is China Automotive Engineering Research Institute Co Days Payable?

China Automotive Engineering Research Institute Co SHSE:601965 -1.71% 77 Days Payable is 282.24 as of Mar. 2026, which is 196% above its 10-year median of 95.33. GuruFocus rates SHSE:601965 with a GF Score™ of 77/100 and a GF Value™ of ¥20.59 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, China Automotive Engineering Research Institute Co ranks better than 86.83% on this metric.

China Automotive Engineering Research Institute Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,353 Mil. China Automotive Engineering Research Institute Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥437 Mil. Hence, China Automotive Engineering Research Institute Co's Days Payable for the three months ended in Mar. 2026 was 282.24.

The historical rank and industry rank for China Automotive Engineering Research Institute Co's Days Payable or its related term are showing as below:

SHSE:601965' s Days Payable Range Over the Past 10 Years
Min: 60.42   Med: 95.33   Max: 185.81
Current: 166.63

During the past 13 years, China Automotive Engineering Research Institute Co's highest Days Payable was 185.81. The lowest was 60.42. And the median was 95.33.

SHSE:601965's Days Payable is ranked better than
86.83% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:601965: 166.63

China Automotive Engineering Research Institute Co's Days Payable increased from Mar. 2025 (218.12) to Mar. 2026 (282.24). It may suggest that China Automotive Engineering Research Institute Co delayed paying its suppliers.


China Automotive Engineering Research Institute Co Days Payable Related Terms


China Automotive Engineering Research Institute Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co Days Payable Chart

China Automotive Engineering Research Institute 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 76.14 119.20 121.49 148.48 185.81

China Automotive Engineering Research Institute 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 218.12 177.59 174.59 113.48 282.24

SHSE:601965 vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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.


China Automotive Engineering Research Institute Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Engineering Research Institute Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Automotive Engineering Research Institute Co's Days Payable falls into.


SHSE:601965
77GF Score
China Automotive Engineering Research Institute Co Ltd SHSE:601965
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute 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
=( (1251.999 + 1484.662) / 2 ) / 2687.98*365
=1368.3305 / 2687.98*365
=185.81

China Automotive Engineering Research Institute 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
=( (1484.662 + 1220.975) / 2 ) / 437.368*365 / 4
=1352.8185 / 437.368*365 / 4
=282.24

* 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 282.24 mean?
China Automotive Engineering Research Institute Co (SHSE:601965) has a Days Payable of 282.24 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 China Automotive Engineering Research Institute Co and its competitors. This is 196% above median its historical median of 95.33. Over the past decade, China Automotive Engineering Research Institute Co's Days Payable has ranged from 60.42 to 185.81. According to the industry distribution chart, China Automotive Engineering Research Institute Co ranks #172 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 13.2%.
Is China Automotive Engineering Research Institute Co's Days Payable too high?
China Automotive Engineering Research Institute Co's current Days Payable of 282.24 is 196% above median its 10-year median of 95.33. Over the past 10 years, this metric has ranged from a low of 60.42 to a high of 185.81. The Vehicles & Parts industry median Days Payable is 67.14. China Automotive Engineering Research Institute Co's value of 282.24 is 320.4% above this industry median. Based on the distribution chart, China Automotive Engineering Research Institute Co ranks #172 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, China Automotive Engineering Research Institute Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Engineering Research Institute Co's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, China Automotive Engineering Research Institute Co ranks #172 out of 1306 companies for Days Payable. This places China Automotive Engineering Research Institute Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. China Automotive Engineering Research Institute Co's value of 282.24 is 320.4% above this benchmark. Historically, China Automotive Engineering Research Institute Co's own Days Payable has ranged from 60.42 to 185.81 over the past decade. While the company's 10-year median is 95.33 vs. the industry median of 67.14, China Automotive Engineering Research Institute 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 67.14, 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. China Automotive Engineering Research Institute Co's current Days Payable of 282.24 is 320.4% 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 China Automotive Engineering Research Institute Co 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. China Automotive Engineering Research Institute Co's current Days Payable is 282.24, which is 196% above median its own 10-year median of 95.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Engineering Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co (SHSE:601965) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.59, compared to a current price of ¥12.65 — trading 38.6% below its estimated fair value. The current Days Payable is 282.24, which is 196% above median its 10-year median of 95.33 and 320.4% above the Vehicles & Parts industry median of 67.14. China Automotive Engineering Research Institute Co's overall GF Score™ is 77/100 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 China Automotive Engineering Research Institute Co (SHSE:601965), the current Days Payable is 282.24 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 China Automotive Engineering Research Institute Co (SHSE:601965) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co stock appears to be undervalued. The current stock price of ¥12.65 is trading 38.6% below its estimated GF Value™ of ¥20.59. GuruFocus considers China Automotive Engineering Research Institute Co to be Significantly Undervalued.

Key valuation signals for SHSE:601965:

  • Days Payable: 282.24 (196% above median its 10-year median of 95.33)
  • GF Value™: ¥20.59 vs. price of ¥12.65 (38.6% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 320.4% above the Vehicles & Parts median (#172 of 1306)

No single metric tells the full story. See the SHSE:601965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Automotive Engineering Research Institute Co Business Description

Address No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.
77GF Score

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

¥12.65
Price
¥20.59
GF Value