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The historical rank and industry rank for Shanghai Lianming Machinery Co's Days Payable or its related term are showing as below:
SHSE:603006'
s Days Payable Range Over the Past 10 Years
Min: 66.19 Med: 140.69 Max: 203.11
Current: 165.67
During the past 13 years, Shanghai Lianming Machinery Co's highest Days Payable was 203.11. The lowest was 66.19. And the median was 140.69.
SHSE:603006's Days Payable is ranked better than 86.48% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 66.6
vs SHSE:603006: 165.67
* 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.
For the Auto Parts subindustry, Shanghai Lianming Machinery 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.
Shanghai Lianming Machinery Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Lianming Machinery Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Lianming Machinery Co's Days Payable falls into.
Shanghai Lianming Machinery 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.
* 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.
Shanghai Lianming Machinery Co (SHSE:603006) has a Days Payable of 173.92 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 Shanghai Lianming Machinery Co and its competitors. This is 24% above median its historical median of 140.69. Over the past decade, Shanghai Lianming Machinery Co's Days Payable has ranged from 66.19 to 203.11. According to the industry distribution chart, Shanghai Lianming Machinery Co ranks #177 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 13.5%.
Is Shanghai Lianming Machinery Co's Days Payable too high?
Shanghai Lianming Machinery Co's current Days Payable of 173.92 is 24% above median its 10-year median of 140.69. Over the past 10 years, this metric has ranged from a low of 66.19 to a high of 203.11. The Vehicles & Parts industry median Days Payable is 66.60. Shanghai Lianming Machinery Co's value of 173.92 is 161.1% above this industry median. Based on the distribution chart, Shanghai Lianming Machinery Co ranks #177 out of 1309 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Lianming Machinery Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lianming Machinery Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Lianming Machinery Co ranks #177 out of 1309 companies for Days Payable. This places Shanghai Lianming Machinery Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.60. Shanghai Lianming Machinery Co's value of 173.92 is 161.1% above this benchmark. Historically, Shanghai Lianming Machinery Co's own Days Payable has ranged from 66.19 to 203.11 over the past decade. While the company's 10-year median is 140.69 vs. the industry median of 66.60, Shanghai Lianming Machinery 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 66.60, based on 1,309 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. Shanghai Lianming Machinery Co's current Days Payable of 173.92 is 161.1% 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 Shanghai Lianming Machinery Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Lianming Machinery Co's current Days Payable is 173.92, which is 24% above median its own 10-year median of 140.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lianming Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lianming Machinery Co (SHSE:603006) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.87, compared to a current price of ¥11.15 — trading 2.6% above its estimated fair value. The current Days Payable is 173.92, which is 24% above median its 10-year median of 140.69 and 161.1% above the Vehicles & Parts industry median of 66.60. Shanghai Lianming Machinery Co's overall GF Score™ is 69/100 with 5 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 Shanghai Lianming Machinery Co (SHSE:603006), the current Days Payable is 173.92 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 Shanghai Lianming Machinery Co (SHSE:603006) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Lianming Machinery Co stock appears to be overvalued.
The current stock price of ¥11.15 is trading 2.6% above its estimated GF Value™ of ¥10.87.
GuruFocus considers Shanghai Lianming Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:603006:
Days Payable: 173.92 (24% above median its 10-year median of 140.69)
GF Value™: ¥10.87 vs. price of ¥11.15 (2.6% above fair value)
Industry Position: 161.1% above the Vehicles & Parts median (#177 of 1309)
No single metric tells the full story. See the SHSE:603006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Lianming Machinery Co Ltd is a manufacturer of automotive components. The company's products includes car body parts, such as stamping and welding assembly products for automotive OEMs.
69GF Score
Get the complete analysis for SHSE:603006
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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