Shanghai Beite Technology Group Co (SHSE:603009) Days Payable: 150.58 (As of Mar. 2026) — Near Median

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SHSE:603009 Shanghai Beite Technology Group Co Ltd SHSE:603009
86 GF Score
Price ¥47.99
GF Value ¥41.31
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shanghai Beite Technology Group Co Days Payable?

Shanghai Beite Technology Group Co SHSE:603009 -1.05% 86 Days Payable is 150.58 as of Mar. 2026, which is 1% above its 10-year median of 149.60. GuruFocus rates SHSE:603009 with a GF Score™ of 86/100 and a GF Value™ of ¥41.31 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Shanghai Beite Technology Group Co ranks better than 82.66% on this metric.

Shanghai Beite Technology Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥784 Mil. Shanghai Beite Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥475 Mil. Hence, Shanghai Beite Technology Group Co's Days Payable for the three months ended in Mar. 2026 was 150.58.

The historical rank and industry rank for Shanghai Beite Technology Group Co's Days Payable or its related term are showing as below:

SHSE:603009' s Days Payable Range Over the Past 10 Years
Min: 125.59   Med: 149.6   Max: 198.42
Current: 147.75

During the past 13 years, Shanghai Beite Technology Group Co's highest Days Payable was 198.42. The lowest was 125.59. And the median was 149.60.

SHSE:603009's Days Payable is ranked better than
82.66% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.6 vs SHSE:603009: 147.75

Shanghai Beite Technology Group Co's Days Payable increased from Mar. 2025 (140.67) to Mar. 2026 (150.58). It may suggest that Shanghai Beite Technology Group Co delayed paying its suppliers.


Shanghai Beite Technology Group Co Days Payable Related Terms


Shanghai Beite Technology Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Beite Technology Group 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.

Shanghai Beite Technology Group Co Days Payable Chart

Shanghai Beite Technology Group 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 157.51 140.45 146.67 147.53 144.39

Shanghai Beite Technology Group 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 140.67 146.60 147.13 152.22 150.58

SHSE:603009 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Shanghai Beite Technology Group 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 Beite Technology Group Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Beite Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Beite Technology Group Co's Days Payable falls into.


SHSE:603009
86GF Score
Shanghai Beite Technology Group Co Ltd SHSE:603009
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Beite Technology Group 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.

Shanghai Beite Technology Group 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
=( (638.147 + 829.789) / 2 ) / 1855.362*365
=733.968 / 1855.362*365
=144.39

Shanghai Beite Technology Group 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
=( (829.789 + 739.116) / 2 ) / 475.378*365 / 4
=784.4525 / 475.378*365 / 4
=150.58

* 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 150.58 mean?
Shanghai Beite Technology Group Co (SHSE:603009) has a Days Payable of 150.58 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 Beite Technology Group Co and its competitors. This is near median its historical median of 149.60. Over the past decade, Shanghai Beite Technology Group Co's Days Payable has ranged from 125.59 to 198.42. According to the industry distribution chart, Shanghai Beite Technology Group Co ranks #227 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 17.3%.
Is Shanghai Beite Technology Group Co's Days Payable too high?
Shanghai Beite Technology Group Co's current Days Payable of 150.58 is near median its 10-year median of 149.60. Over the past 10 years, this metric has ranged from a low of 125.59 to a high of 198.42. The Vehicles & Parts industry median Days Payable is 66.60. Shanghai Beite Technology Group Co's value of 150.58 is 126.1% above this industry median. Based on the distribution chart, Shanghai Beite Technology Group Co ranks #227 out of 1309 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Beite Technology Group Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Beite Technology Group Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Beite Technology Group Co ranks #227 out of 1309 companies for Days Payable. This places Shanghai Beite Technology Group Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.60. Shanghai Beite Technology Group Co's value of 150.58 is 126.1% above this benchmark. Historically, Shanghai Beite Technology Group Co's own Days Payable has ranged from 125.59 to 198.42 over the past decade. While the company's 10-year median is 149.60 vs. the industry median of 66.60, Shanghai Beite Technology Group 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 Beite Technology Group Co's current Days Payable of 150.58 is 126.1% 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 Beite Technology Group 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 Beite Technology Group Co's current Days Payable is 150.58, which is near median its own 10-year median of 149.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Beite Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Beite Technology Group Co (SHSE:603009) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥41.31, compared to a current price of ¥47.99 — trading 16.2% above its estimated fair value. The current Days Payable is 150.58, which is near median its 10-year median of 149.60 and 126.1% above the Vehicles & Parts industry median of 66.60. Shanghai Beite Technology Group Co's overall GF Score™ is 86/100 with 2 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 Beite Technology Group Co (SHSE:603009), the current Days Payable is 150.58 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 Beite Technology Group Co (SHSE:603009) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Beite Technology Group Co stock appears to be overvalued. The current stock price of ¥47.99 is trading 16.2% above its estimated GF Value™ of ¥41.31. GuruFocus considers Shanghai Beite Technology Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:603009:

  • Days Payable: 150.58 (near median its 10-year median of 149.60)
  • GF Value™: ¥41.31 vs. price of ¥47.99 (16.2% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 126.1% above the Vehicles & Parts median (#227 of 1309)

No single metric tells the full story. See the SHSE:603009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Beite Technology Group Co Business Description

Address No 2488 Gaoshi Road, Huating Town, Jiading District, Shanghai, CHN, 201816
Shanghai Beite Technology Group Co Ltd operates in the automotive parts and accessories manufacturing industry. Its automotive parts business covers three sectors: chassis parts, aluminum alloy lightweight, and air-conditioning compressors. The group manufactures metal products; imports and exports goods and technology; technology development, transfer, consulting, and services in the new materials field; business management and consulting services; research and development, and sales of automotive air conditioners and compressors (excluding special equipment); automotive air conditioning systems and their accessories; and automotive parts. Its products are Gear, Output shaft, Piston rod, CDC-ivo control valve parts, Diesel injector body, Yoke Classware, and Others.
86GF Score

Get the complete analysis for SHSE:603009

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

¥47.99
Price
¥41.31
GF Value