Shandong Linglong Tyre Co (SHSE:601966) Days Payable: 91.46 (As of Mar. 2026) — 21% Below Median

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SHSE:601966 Shandong Linglong Tyre Co Ltd SHSE:601966
69 GF Score
Price ¥11.07
GF Value ¥20.23
Valuation Possible Value Trap
! 6 Warning Signs
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What is Shandong Linglong Tyre Co Days Payable?

Shandong Linglong Tyre Co SHSE:601966 +1.84% 69 Days Payable is 91.46 as of Mar. 2026, which is 21% below its 10-year median of 116.41. GuruFocus rates SHSE:601966 with a GF Score™ of 69/100 and a GF Value™ of ¥20.23 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Shandong Linglong Tyre Co ranks better than 64.17% on this metric.

Shandong Linglong Tyre Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥5,035 Mil. Shandong Linglong Tyre Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,023 Mil. Hence, Shandong Linglong Tyre Co's Days Payable for the three months ended in Mar. 2026 was 91.46.

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

SHSE:601966' s Days Payable Range Over the Past 10 Years
Min: 89.69   Med: 116.41   Max: 154.15
Current: 89.69

During the past 13 years, Shandong Linglong Tyre Co's highest Days Payable was 154.15. The lowest was 89.69. And the median was 116.41.

SHSE:601966's Days Payable is ranked better than
64.17% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:601966: 89.69

Shandong Linglong Tyre Co's Days Payable declined from Mar. 2025 (100.62) to Mar. 2026 (91.46). It may suggest that Shandong Linglong Tyre Co accelerated paying its suppliers.


Shandong Linglong Tyre Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Linglong Tyre 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.

Shandong Linglong Tyre Co Days Payable Chart

Shandong Linglong Tyre 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 149.96 154.15 124.17 114.61 93.28

Shandong Linglong Tyre 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 100.62 92.23 87.57 86.08 91.46

SHSE:601966 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Shandong Linglong Tyre 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.


Shandong Linglong Tyre Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Linglong Tyre Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Linglong Tyre Co's Days Payable falls into.


SHSE:601966
69GF Score
Shandong Linglong Tyre Co Ltd SHSE:601966
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Linglong Tyre 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.

Shandong Linglong Tyre 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
=( (5415.089 + 5035.32) / 2 ) / 20445.465*365
=5225.2045 / 20445.465*365
=93.28

Shandong Linglong Tyre 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
=( (5035.32 + 5034.394) / 2 ) / 5023.462*365 / 4
=5034.857 / 5023.462*365 / 4
=91.46

* 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 91.46 mean?
Shandong Linglong Tyre Co (SHSE:601966) has a Days Payable of 91.46 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 Shandong Linglong Tyre Co and its competitors. This is 21% below median its historical median of 116.41. Over the past decade, Shandong Linglong Tyre Co's Days Payable has ranged from 89.69 to 154.15. According to the industry distribution chart, Shandong Linglong Tyre Co ranks #468 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 35.8%.
Is Shandong Linglong Tyre Co's Days Payable too high?
Shandong Linglong Tyre Co's current Days Payable of 91.46 is 21% below median its 10-year median of 116.41. Over the past 10 years, this metric has ranged from a low of 89.69 to a high of 154.15. The Vehicles & Parts industry median Days Payable is 67.14. Shandong Linglong Tyre Co's value of 91.46 is 36.2% above this industry median. Based on the distribution chart, Shandong Linglong Tyre Co ranks #468 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shandong Linglong Tyre Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Linglong Tyre Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shandong Linglong Tyre Co ranks #468 out of 1306 companies for Days Payable. This puts Shandong Linglong Tyre Co in the upper half of its industry. The industry median Days Payable is 67.14. Shandong Linglong Tyre Co's value of 91.46 is 36.2% above this benchmark. Historically, Shandong Linglong Tyre Co's own Days Payable has ranged from 89.69 to 154.15 over the past decade. While the company's 10-year median is 116.41 vs. the industry median of 67.14, Shandong Linglong Tyre 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. Shandong Linglong Tyre Co's current Days Payable of 91.46 is 36.2% 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 Shandong Linglong Tyre 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. Shandong Linglong Tyre Co's current Days Payable is 91.46, which is 21% below median its own 10-year median of 116.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Linglong Tyre Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Linglong Tyre Co (SHSE:601966) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.23, compared to a current price of ¥11.07 — trading 45.3% below its estimated fair value. The current Days Payable is 91.46, which is 21% below median its 10-year median of 116.41 and 36.2% above the Vehicles & Parts industry median of 67.14. Shandong Linglong Tyre Co's overall GF Score™ is 69/100 with 6 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 Shandong Linglong Tyre Co (SHSE:601966), the current Days Payable is 91.46 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 Shandong Linglong Tyre Co (SHSE:601966) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Linglong Tyre Co stock appears to be undervalued. The current stock price of ¥11.07 is trading 45.3% below its estimated GF Value™ of ¥20.23. GuruFocus considers Shandong Linglong Tyre Co to be Possible Value Trap.

Key valuation signals for SHSE:601966:

  • Days Payable: 91.46 (21% below median its 10-year median of 116.41)
  • GF Value™: ¥20.23 vs. price of ¥11.07 (45.3% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 36.2% above the Vehicles & Parts median (#468 of 1306)

No single metric tells the full story. See the SHSE:601966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Linglong Tyre Co Business Description

Address No. 777, Jinlong Road, Shandong Province, Zhaoyuan, CHN, 265406
Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires, and others. It offers tire products under the brands Linglong, LEAO, GREEN MAX, ATLAS, INFINITY, CROSSWIND, and EVOLUXX.
69GF Score

Get the complete analysis for SHSE:601966

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

¥11.07
Price
¥20.23
GF Value