Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Days Payable: 119.62 (As of Mar. 2026) — 15% Above Median

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SHSE:603107 Shanghai Automobile Air-Conditioner Accessories Co Ltd SHSE:603107
64 GF Score
Price ¥11.55
GF Value ¥15.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shanghai Automobile Air-Conditioner Accessories Co Days Payable?

Shanghai Automobile Air-Conditioner Accessories Co SHSE:603107 -1.62% 64 Days Payable is 119.62 as of Mar. 2026, which is 15% above its 10-year median of 103.65. GuruFocus rates SHSE:603107 with a GF Score™ of 64/100 and a GF Value™ of ¥15.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Shanghai Automobile Air-Conditioner Accessories Co ranks better than 65.01% on this metric.

Shanghai Automobile Air-Conditioner Accessories Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥478 Mil. Shanghai Automobile Air-Conditioner Accessories Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥364 Mil. Hence, Shanghai Automobile Air-Conditioner Accessories Co's Days Payable for the three months ended in Mar. 2026 was 119.62.

The historical rank and industry rank for Shanghai Automobile Air-Conditioner Accessories Co's Days Payable or its related term are showing as below:

SHSE:603107' s Days Payable Range Over the Past 10 Years
Min: 90.64   Med: 103.65   Max: 117.52
Current: 90.64

During the past 9 years, Shanghai Automobile Air-Conditioner Accessories Co's highest Days Payable was 117.52. The lowest was 90.64. And the median was 103.65.

SHSE:603107's Days Payable is ranked better than
65.01% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:603107: 90.64

Shanghai Automobile Air-Conditioner Accessories Co's Days Payable increased from Mar. 2025 (103.55) to Mar. 2026 (119.62). It may suggest that Shanghai Automobile Air-Conditioner Accessories Co delayed paying its suppliers.


Shanghai Automobile Air-Conditioner Accessories Co Days Payable Related Terms


Shanghai Automobile Air-Conditioner Accessories Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co Days Payable Chart

Shanghai Automobile Air-Conditioner Accessories Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 102.71 109.35 116.53 107.43 100.19

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
Dec19 Jun20 Dec20 Dec21 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 103.55 78.34 88.94 88.33 119.62

SHSE:603107 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Automobile Air-Conditioner Accessories Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Automobile Air-Conditioner Accessories Co's Days Payable falls into.


SHSE:603107
64GF Score
Shanghai Automobile Air-Conditioner Accessories Co Ltd SHSE:603107
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories 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
=( (474.716 + 520.067) / 2 ) / 1812.07*365
=497.3915 / 1812.07*365
=100.19

Shanghai Automobile Air-Conditioner Accessories 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
=( (520.067 + 435.016) / 2 ) / 364.285*365 / 4
=477.5415 / 364.285*365 / 4
=119.62

* 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 119.62 mean?
Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) has a Days Payable of 119.62 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 Automobile Air-Conditioner Accessories Co and its competitors. This is 15% above median its historical median of 103.65. Over the past decade, Shanghai Automobile Air-Conditioner Accessories Co's Days Payable has ranged from 90.64 to 117.52. According to the industry distribution chart, Shanghai Automobile Air-Conditioner Accessories Co ranks #457 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 35%.
Is Shanghai Automobile Air-Conditioner Accessories Co's Days Payable too high?
Shanghai Automobile Air-Conditioner Accessories Co's current Days Payable of 119.62 is 15% above median its 10-year median of 103.65. Over the past 10 years, this metric has ranged from a low of 90.64 to a high of 117.52. The Vehicles & Parts industry median Days Payable is 67.26. Shanghai Automobile Air-Conditioner Accessories Co's value of 119.62 is 77.9% above this industry median. Based on the distribution chart, Shanghai Automobile Air-Conditioner Accessories Co ranks #457 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shanghai Automobile Air-Conditioner Accessories Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Automobile Air-Conditioner Accessories Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Automobile Air-Conditioner Accessories Co ranks #457 out of 1306 companies for Days Payable. This puts Shanghai Automobile Air-Conditioner Accessories Co in the upper half of its industry. The industry median Days Payable is 67.26. Shanghai Automobile Air-Conditioner Accessories Co's value of 119.62 is 77.9% above this benchmark. Historically, Shanghai Automobile Air-Conditioner Accessories Co's own Days Payable has ranged from 90.64 to 117.52 over the past decade. While the company's 10-year median is 103.65 vs. the industry median of 67.26, Shanghai Automobile Air-Conditioner Accessories 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 67.26, 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. Shanghai Automobile Air-Conditioner Accessories Co's current Days Payable of 119.62 is 77.9% 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 Automobile Air-Conditioner Accessories Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Automobile Air-Conditioner Accessories Co's current Days Payable is 119.62, which is 15% above median its own 10-year median of 103.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Automobile Air-Conditioner Accessories Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.86, compared to a current price of ¥11.55 — trading 27.2% below its estimated fair value. The current Days Payable is 119.62, which is 15% above median its 10-year median of 103.65 and 77.9% above the Vehicles & Parts industry median of 67.26. Shanghai Automobile Air-Conditioner Accessories Co's overall GF Score™ is 64/100 with 4 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 Automobile Air-Conditioner Accessories Co (SHSE:603107), the current Days Payable is 119.62 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 Automobile Air-Conditioner Accessories Co (SHSE:603107) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Automobile Air-Conditioner Accessories Co stock appears to be undervalued. The current stock price of ¥11.55 is trading 27.2% below its estimated GF Value™ of ¥15.86. GuruFocus considers Shanghai Automobile Air-Conditioner Accessories Co to be Modestly Undervalued.

Key valuation signals for SHSE:603107:

  • Days Payable: 119.62 (15% above median its 10-year median of 103.65)
  • GF Value™: ¥15.86 vs. price of ¥11.55 (27.2% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 77.9% above the Vehicles & Parts median (#457 of 1306)

No single metric tells the full story. See the SHSE:603107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Automobile Air-Conditioner Accessories Co Business Description

Address No. 1188, Lianxi Road, Pudong New Area, Shanghai, CHN, 201204
Shanghai Automobile Air-Conditioner Accessories Co Ltd is engaged in research & development, production and sales of automobile parts such as air conditioning pipes and fuel distribution pipes.
64GF Score

Get the complete analysis for SHSE:603107

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

¥11.55
Price
¥15.86
GF Value