Anhui Anfu Battery Technology Co (SHSE:603031) Days Payable: 66.65 (As of Mar. 2026) — 42% Below Median

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SHSE:603031 Anhui Anfu Battery Technology Co Ltd SHSE:603031
67 GF Score
Price ¥39.04
GF Value ¥20.91
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Anhui Anfu Battery Technology Co Days Payable?

Anhui Anfu Battery Technology Co SHSE:603031 +3.20% 67 Days Payable is 66.65 as of Mar. 2026, which is 42% below its 10-year median of 114.56. GuruFocus rates SHSE:603031 with a GF Score™ of 67/100 and a GF Value™ of ¥20.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,993 Industrial Products companies, Anhui Anfu Battery Technology Co ranks worse than 56.97% on this metric.

Anhui Anfu Battery Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥463 Mil. Anhui Anfu Battery Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥635 Mil. Hence, Anhui Anfu Battery Technology Co's Days Payable for the three months ended in Mar. 2026 was 66.65.

The historical rank and industry rank for Anhui Anfu Battery Technology Co's Days Payable or its related term are showing as below:

SHSE:603031' s Days Payable Range Over the Past 10 Years
Min: 59.65   Med: 114.56   Max: 137.52
Current: 66.45

During the past 13 years, Anhui Anfu Battery Technology Co's highest Days Payable was 137.52. The lowest was 59.65. And the median was 114.56.

SHSE:603031's Days Payable is ranked worse than
56.97% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs SHSE:603031: 66.45

Anhui Anfu Battery Technology Co's Days Payable increased from Mar. 2025 (53.28) to Mar. 2026 (66.65). It may suggest that Anhui Anfu Battery Technology Co delayed paying its suppliers.


Anhui Anfu Battery Technology Co Days Payable Related Terms


Anhui Anfu Battery Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Anhui Anfu Battery Technology 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.

Anhui Anfu Battery Technology Co Days Payable Chart

Anhui Anfu Battery Technology 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 111.56 76.30 59.65 60.74 68.04

Anhui Anfu Battery Technology 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 53.28 65.74 65.28 68.96 66.65

SHSE:603031 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Anhui Anfu Battery Technology 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.


Anhui Anfu Battery Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anhui Anfu Battery Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Anfu Battery Technology Co's Days Payable falls into.


SHSE:603031
67GF Score
Anhui Anfu Battery Technology Co Ltd SHSE:603031
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Anfu Battery Technology 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.

Anhui Anfu Battery Technology 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
=( (421.938 + 478.155) / 2 ) / 2414.334*365
=450.0465 / 2414.334*365
=68.04

Anhui Anfu Battery Technology 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
=( (478.155 + 448.758) / 2 ) / 634.515*365 / 4
=463.4565 / 634.515*365 / 4
=66.65

* 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 66.65 mean?
Anhui Anfu Battery Technology Co (SHSE:603031) has a Days Payable of 66.65 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 Anhui Anfu Battery Technology Co and its competitors. This is 42% below median its historical median of 114.56. Over the past decade, Anhui Anfu Battery Technology Co's Days Payable has ranged from 59.65 to 137.52. According to the industry distribution chart, Anhui Anfu Battery Technology Co ranks #1705 out of 2993 companies in the Industrial Products industry, placing it in the top 57%.
Is Anhui Anfu Battery Technology Co's Days Payable too high?
Anhui Anfu Battery Technology Co's current Days Payable of 66.65 is 42% below median its 10-year median of 114.56. Over the past 10 years, this metric has ranged from a low of 59.65 to a high of 137.52. The Industrial Products industry median Days Payable is 78.08. Anhui Anfu Battery Technology Co's value of 66.65 is 14.6% below this industry median. Based on the distribution chart, Anhui Anfu Battery Technology Co ranks #1705 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Anhui Anfu Battery Technology Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Anfu Battery Technology Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Anhui Anfu Battery Technology Co ranks #1705 out of 2993 companies for Days Payable. This places Anhui Anfu Battery Technology Co in the lower half of its industry. The industry median Days Payable is 78.08. Anhui Anfu Battery Technology Co's value of 66.65 is 14.6% below this benchmark. Historically, Anhui Anfu Battery Technology Co's own Days Payable has ranged from 59.65 to 137.52 over the past decade. While the company's 10-year median is 114.56 vs. the industry median of 78.08, Anhui Anfu Battery Technology Co has consistently been below 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 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. Anhui Anfu Battery Technology Co's current Days Payable of 66.65 is 14.6% below 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 Anhui Anfu Battery Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Anfu Battery Technology Co's current Days Payable is 66.65, which is 42% below median its own 10-year median of 114.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Anfu Battery Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Anfu Battery Technology Co (SHSE:603031) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.91, compared to a current price of ¥39.04 — trading 86.7% above its estimated fair value. The current Days Payable is 66.65, which is 42% below median its 10-year median of 114.56 and 14.6% below the Industrial Products industry median of 78.08. Anhui Anfu Battery Technology Co's overall GF Score™ is 67/100 with 3 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 Anhui Anfu Battery Technology Co (SHSE:603031), the current Days Payable is 66.65 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 Anhui Anfu Battery Technology Co (SHSE:603031) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Anfu Battery Technology Co stock appears to be overvalued. The current stock price of ¥39.04 is trading 86.7% above its estimated GF Value™ of ¥20.91. GuruFocus considers Anhui Anfu Battery Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603031:

  • Days Payable: 66.65 (42% below median its 10-year median of 114.56)
  • GF Value™: ¥20.91 vs. price of ¥39.04 (86.7% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 14.6% below the Industrial Products median (#1705 of 2993)

No single metric tells the full story. See the SHSE:603031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Anfu Battery Technology Co Business Description

Address No. 888 Qianshan Road, Room 1801, Baili Center, Shushan District, Anhui Province, Hefei, CHN, 238000
Anhui Anfu Battery Technology Co Ltd is engaged in the research and development, production and sales of batteries.
67GF Score

Get the complete analysis for SHSE:603031

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

¥39.04
Price
¥20.91
GF Value