YAPP Automotive Systems Co (SHSE:603013) Days Payable: 92.13 (As of Mar. 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603013 YAPP Automotive Systems Co Ltd SHSE:603013
83 GF Score
Price ¥15.84
GF Value ¥18.84
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is YAPP Automotive Systems Co Days Payable?

YAPP Automotive Systems Co SHSE:603013 83 Days Payable is 92.13 as of Mar. 2026, which is 14% above its 10-year median of 80.92. GuruFocus rates SHSE:603013 with a GF Score™ of 83/100 and a GF Value™ of ¥18.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,306 Vehicles & Parts companies, YAPP Automotive Systems Co ranks better than 62.33% on this metric.

YAPP Automotive Systems Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,841 Mil. YAPP Automotive Systems Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,823 Mil. Hence, YAPP Automotive Systems Co's Days Payable for the three months ended in Mar. 2026 was 92.13.

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

SHSE:603013' s Days Payable Range Over the Past 10 Years
Min: 76.04   Med: 80.92   Max: 93.47
Current: 86.04

During the past 13 years, YAPP Automotive Systems Co's highest Days Payable was 93.47. The lowest was 76.04. And the median was 80.92.

SHSE:603013's Days Payable is ranked better than
62.33% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603013: 86.04

YAPP Automotive Systems Co's Days Payable declined from Mar. 2025 (95.35) to Mar. 2026 (92.13). It may suggest that YAPP Automotive Systems Co accelerated paying its suppliers.


YAPP Automotive Systems Co Days Payable Historical Data

* Premium members only.

The historical data trend for YAPP Automotive 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.

YAPP Automotive Systems Co Days Payable Chart

YAPP Automotive 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 93.47 78.88 77.00 88.95 84.72

YAPP Automotive 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 95.35 83.01 93.44 80.66 92.13

SHSE:603013 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, YAPP Automotive 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.


YAPP Automotive Systems Co Days Payable vs Vehicles & Parts Industry

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

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


SHSE:603013
83GF Score
YAPP Automotive Systems Co Ltd SHSE:603013
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YAPP Automotive 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.

YAPP Automotive 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
=( (1752.576 + 1847.363) / 2 ) / 7754.397*365
=1799.9695 / 7754.397*365
=84.72

YAPP Automotive 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
=( (1847.363 + 1834.703) / 2 ) / 1823.366*365 / 4
=1841.033 / 1823.366*365 / 4
=92.13

* 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 92.13 mean?
YAPP Automotive Systems Co (SHSE:603013) has a Days Payable of 92.13 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 YAPP Automotive Systems Co and its competitors. This is 14% above median its historical median of 80.92. Over the past decade, YAPP Automotive Systems Co's Days Payable has ranged from 76.04 to 93.47. According to the industry distribution chart, YAPP Automotive Systems Co ranks #492 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 37.7%.
Is YAPP Automotive Systems Co's Days Payable too high?
YAPP Automotive Systems Co's current Days Payable of 92.13 is 14% above median its 10-year median of 80.92. Over the past 10 years, this metric has ranged from a low of 76.04 to a high of 93.47. The Vehicles & Parts industry median Days Payable is 67.14. YAPP Automotive Systems Co's value of 92.13 is 37.2% above this industry median. Based on the distribution chart, YAPP Automotive Systems Co ranks #492 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, YAPP Automotive Systems Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAPP Automotive Systems Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, YAPP Automotive Systems Co ranks #492 out of 1306 companies for Days Payable. This puts YAPP Automotive Systems Co in the upper half of its industry. The industry median Days Payable is 67.14. YAPP Automotive Systems Co's value of 92.13 is 37.2% above this benchmark. Historically, YAPP Automotive Systems Co's own Days Payable has ranged from 76.04 to 93.47 over the past decade. While the company's 10-year median is 80.92 vs. the industry median of 67.14, YAPP Automotive 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 67.14, 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. YAPP Automotive Systems Co's current Days Payable of 92.13 is 37.2% 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 YAPP Automotive Systems 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. YAPP Automotive Systems Co's current Days Payable is 92.13, which is 14% above median its own 10-year median of 80.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAPP Automotive Systems Co stock overvalued right now?
Based on GuruFocus' analysis, YAPP Automotive Systems Co (SHSE:603013) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.84, compared to a current price of ¥15.84 — trading 15.9% below its estimated fair value. The current Days Payable is 92.13, which is 14% above median its 10-year median of 80.92 and 37.2% above the Vehicles & Parts industry median of 67.14. YAPP Automotive Systems Co's overall GF Score™ is 83/100 with 1 warning sign 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 YAPP Automotive Systems Co (SHSE:603013), the current Days Payable is 92.13 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 YAPP Automotive Systems Co (SHSE:603013) Overvalued in 2026?

Based on GuruFocus' analysis, YAPP Automotive Systems Co stock appears to be undervalued. The current stock price of ¥15.84 is trading 15.9% below its estimated GF Value™ of ¥18.84. GuruFocus considers YAPP Automotive Systems Co to be Modestly Undervalued.

Key valuation signals for SHSE:603013:

  • Days Payable: 92.13 (14% above median its 10-year median of 80.92)
  • GF Value™: ¥18.84 vs. price of ¥15.84 (15.9% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 37.2% above the Vehicles & Parts median (#492 of 1306)

No single metric tells the full story. See the SHSE:603013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YAPP Automotive Systems Co Business Description

Address No. 508 Yangzijiang South Road, Jiangsu, Yangzhou, CHN, 225009
YAPP Automotive Systems Co Ltd is engaged in Research & Development, manufacturing and marketing of automotive fuel systems, and the main products are plastic fuel tanks and filler pipe.
83GF Score

Get the complete analysis for SHSE:603013

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

¥15.84
Price
¥18.84
GF Value