Changzhou Tenglong Auto Parts Co (SHSE:603158) Days Payable: 160.95 (As of Mar. 2026) — 29% Above Median

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SHSE:603158 Changzhou Tenglong Auto Parts Co Ltd SHSE:603158
81 GF Score
Price ¥9.52
GF Value ¥11.32
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Changzhou Tenglong Auto Parts Co Days Payable?

Changzhou Tenglong Auto Parts Co SHSE:603158 -6.76% 81 Days Payable is 160.95 as of Mar. 2026, which is 29% above its 10-year median of 124.71. GuruFocus rates SHSE:603158 with a GF Score™ of 81/100 and a GF Value™ of ¥11.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Changzhou Tenglong Auto Parts Co ranks better than 73.58% on this metric.

Changzhou Tenglong Auto Parts Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,106 Mil. Changzhou Tenglong Auto Parts Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥627 Mil. Hence, Changzhou Tenglong Auto Parts Co's Days Payable for the three months ended in Mar. 2026 was 160.95.

The historical rank and industry rank for Changzhou Tenglong Auto Parts Co's Days Payable or its related term are showing as below:

SHSE:603158' s Days Payable Range Over the Past 10 Years
Min: 95.34   Med: 124.71   Max: 160.34
Current: 113.06

During the past 13 years, Changzhou Tenglong Auto Parts Co's highest Days Payable was 160.34. The lowest was 95.34. And the median was 124.71.

SHSE:603158's Days Payable is ranked better than
73.58% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603158: 113.06

Changzhou Tenglong Auto Parts Co's Days Payable increased from Mar. 2025 (133.66) to Mar. 2026 (160.95). It may suggest that Changzhou Tenglong Auto Parts Co delayed paying its suppliers.


Changzhou Tenglong Auto Parts Co Days Payable Related Terms


Changzhou Tenglong Auto Parts Co Days Payable Historical Data

* Premium members only.

The historical data trend for Changzhou Tenglong Auto Parts 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.

Changzhou Tenglong Auto Parts Co Days Payable Chart

Changzhou Tenglong Auto Parts 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 95.34 121.87 135.18 129.78 126.89

Changzhou Tenglong Auto Parts 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 133.66 100.48 116.25 98.70 160.95

SHSE:603158 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Changzhou Tenglong Auto Parts 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.


Changzhou Tenglong Auto Parts Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Tenglong Auto Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changzhou Tenglong Auto Parts Co's Days Payable falls into.


SHSE:603158
81GF Score
Changzhou Tenglong Auto Parts Co Ltd SHSE:603158
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Tenglong Auto Parts 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.

Changzhou Tenglong Auto Parts 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
=( (1116.801 + 1238.957) / 2 ) / 3388.214*365
=1177.879 / 3388.214*365
=126.89

Changzhou Tenglong Auto Parts 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
=( (1238.957 + 973.739) / 2 ) / 627.257*365 / 4
=1106.348 / 627.257*365 / 4
=160.95

* 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 160.95 mean?
Changzhou Tenglong Auto Parts Co (SHSE:603158) has a Days Payable of 160.95 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 Changzhou Tenglong Auto Parts Co and its competitors. This is 29% above median its historical median of 124.71. Over the past decade, Changzhou Tenglong Auto Parts Co's Days Payable has ranged from 95.34 to 160.34. According to the industry distribution chart, Changzhou Tenglong Auto Parts Co ranks #345 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 26.4%.
Is Changzhou Tenglong Auto Parts Co's Days Payable too high?
Changzhou Tenglong Auto Parts Co's current Days Payable of 160.95 is 29% above median its 10-year median of 124.71. Over the past 10 years, this metric has ranged from a low of 95.34 to a high of 160.34. The Vehicles & Parts industry median Days Payable is 67.14. Changzhou Tenglong Auto Parts Co's value of 160.95 is 139.7% above this industry median. Based on the distribution chart, Changzhou Tenglong Auto Parts Co ranks #345 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Changzhou Tenglong Auto Parts Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tenglong Auto Parts Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changzhou Tenglong Auto Parts Co ranks #345 out of 1306 companies for Days Payable. This puts Changzhou Tenglong Auto Parts Co in the upper half of its industry. The industry median Days Payable is 67.14. Changzhou Tenglong Auto Parts Co's value of 160.95 is 139.7% above this benchmark. Historically, Changzhou Tenglong Auto Parts Co's own Days Payable has ranged from 95.34 to 160.34 over the past decade. While the company's 10-year median is 124.71 vs. the industry median of 67.14, Changzhou Tenglong Auto Parts 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. Changzhou Tenglong Auto Parts Co's current Days Payable of 160.95 is 139.7% 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 Changzhou Tenglong Auto Parts 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. Changzhou Tenglong Auto Parts Co's current Days Payable is 160.95, which is 29% above median its own 10-year median of 124.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tenglong Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tenglong Auto Parts Co (SHSE:603158) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.32, compared to a current price of ¥9.52 — trading 15.9% below its estimated fair value. The current Days Payable is 160.95, which is 29% above median its 10-year median of 124.71 and 139.7% above the Vehicles & Parts industry median of 67.14. Changzhou Tenglong Auto Parts Co's overall GF Score™ is 81/100 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 Changzhou Tenglong Auto Parts Co (SHSE:603158), the current Days Payable is 160.95 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 Changzhou Tenglong Auto Parts Co (SHSE:603158) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Tenglong Auto Parts Co stock appears to be undervalued. The current stock price of ¥9.52 is trading 15.9% below its estimated GF Value™ of ¥11.32. GuruFocus considers Changzhou Tenglong Auto Parts Co to be Modestly Undervalued.

Key valuation signals for SHSE:603158:

  • Days Payable: 160.95 (29% above median its 10-year median of 124.71)
  • GF Value™: ¥11.32 vs. price of ¥9.52 (15.9% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 139.7% above the Vehicles & Parts median (#345 of 1306)

No single metric tells the full story. See the SHSE:603158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Tenglong Auto Parts Co Business Description

Address No.15, Tenglong Road, Economic Development Zone,Wujin District, Jiangsu province, Changzhou, CHN, 213149
Changzhou Tenglong Auto Parts Co Ltd provides services for auto parts. It is engaged in developing and manufacturing auto heat exchange pipes, especially auto air-conditioning pipes and accessories. It also has explored its business in the energy-conservative and environmentally protective auto parts field, including light alloy materials, EGR products, auto sensors. It offers a variety of automotive air conditioning pipes, automotive heat exchange systems connecting hard pipes and automotive heat exchange systems accessories.
81GF Score

Get the complete analysis for SHSE:603158

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

¥9.52
Price
¥11.32
GF Value