Lanzhou LS Heavy Equipment Co (SHSE:603169) Days Payable: 345.00 (As of Mar. 2026) — 11% Above Median

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SHSE:603169 Lanzhou LS Heavy Equipment Co Ltd SHSE:603169
57 GF Score
Price ¥6.39
GF Value ¥8.39
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lanzhou LS Heavy Equipment Co Days Payable?

Lanzhou LS Heavy Equipment Co SHSE:603169 +1.75% 57 Days Payable is 345.00 as of Mar. 2026, which is 11% above its 10-year median of 312.13. GuruFocus rates SHSE:603169 with a GF Score™ of 57/100 and a GF Value™ of ¥8.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,995 Industrial Products companies, Lanzhou LS Heavy Equipment Co ranks better than 90.32% on this metric.

Lanzhou LS Heavy Equipment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,166 Mil. Lanzhou LS Heavy Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,102 Mil. Hence, Lanzhou LS Heavy Equipment Co's Days Payable for the three months ended in Mar. 2026 was 345.00.

The historical rank and industry rank for Lanzhou LS Heavy Equipment Co's Days Payable or its related term are showing as below:

SHSE:603169' s Days Payable Range Over the Past 10 Years
Min: 229.6   Med: 312.13   Max: 475.02
Current: 237.88

During the past 13 years, Lanzhou LS Heavy Equipment Co's highest Days Payable was 475.02. The lowest was 229.60. And the median was 312.13.

SHSE:603169's Days Payable is ranked better than
90.32% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:603169: 237.88

Lanzhou LS Heavy Equipment Co's Days Payable increased from Mar. 2025 (224.21) to Mar. 2026 (345.00). It may suggest that Lanzhou LS Heavy Equipment Co delayed paying its suppliers.


Lanzhou LS Heavy Equipment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lanzhou LS Heavy Equipment 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.

Lanzhou LS Heavy Equipment Co Days Payable Chart

Lanzhou LS Heavy Equipment 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 377.58 279.36 274.58 253.78 229.60

Lanzhou LS Heavy Equipment 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 224.21 248.33 183.94 226.04 345.00

SHSE:603169 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Lanzhou LS Heavy Equipment 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.


Lanzhou LS Heavy Equipment Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lanzhou LS Heavy Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lanzhou LS Heavy Equipment Co's Days Payable falls into.


SHSE:603169
57GF Score
Lanzhou LS Heavy Equipment Co Ltd SHSE:603169
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lanzhou LS Heavy Equipment 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.

Lanzhou LS Heavy Equipment 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
=( (3285.128 + 4256.071) / 2 ) / 5994.164*365
=3770.5995 / 5994.164*365
=229.60

Lanzhou LS Heavy Equipment 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
=( (4256.071 + 4075.803) / 2 ) / 1101.859*365 / 4
=4165.937 / 1101.859*365 / 4
=345.00

* 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 345.00 mean?
Lanzhou LS Heavy Equipment Co (SHSE:603169) has a Days Payable of 345.00 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 Lanzhou LS Heavy Equipment Co and its competitors. This is 11% above median its historical median of 312.13. Over the past decade, Lanzhou LS Heavy Equipment Co's Days Payable has ranged from 229.60 to 475.02. According to the industry distribution chart, Lanzhou LS Heavy Equipment Co ranks #290 out of 2995 companies in the Industrial Products industry, placing it in the top 9.7%.
Is Lanzhou LS Heavy Equipment Co's Days Payable too high?
Lanzhou LS Heavy Equipment Co's current Days Payable of 345.00 is 11% above median its 10-year median of 312.13. Over the past 10 years, this metric has ranged from a low of 229.60 to a high of 475.02. The Industrial Products industry median Days Payable is 78.05. Lanzhou LS Heavy Equipment Co's value of 345.00 is 342% above this industry median. Based on the distribution chart, Lanzhou LS Heavy Equipment Co ranks #290 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lanzhou LS Heavy Equipment Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lanzhou LS Heavy Equipment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lanzhou LS Heavy Equipment Co ranks #290 out of 2995 companies for Days Payable. This places Lanzhou LS Heavy Equipment Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Lanzhou LS Heavy Equipment Co's value of 345.00 is 342% above this benchmark. Historically, Lanzhou LS Heavy Equipment Co's own Days Payable has ranged from 229.60 to 475.02 over the past decade. While the company's 10-year median is 312.13 vs. the industry median of 78.05, Lanzhou LS Heavy Equipment 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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. Lanzhou LS Heavy Equipment Co's current Days Payable of 345.00 is 342% 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 Lanzhou LS Heavy Equipment Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanzhou LS Heavy Equipment Co's current Days Payable is 345.00, which is 11% above median its own 10-year median of 312.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanzhou LS Heavy Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Lanzhou LS Heavy Equipment Co (SHSE:603169) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.39, compared to a current price of ¥6.39 — trading 23.8% below its estimated fair value. The current Days Payable is 345.00, which is 11% above median its 10-year median of 312.13 and 342% above the Industrial Products industry median of 78.05. Lanzhou LS Heavy Equipment Co's overall GF Score™ is 57/100 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 Lanzhou LS Heavy Equipment Co (SHSE:603169), the current Days Payable is 345.00 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 Lanzhou LS Heavy Equipment Co (SHSE:603169) Overvalued in 2026?

Based on GuruFocus' analysis, Lanzhou LS Heavy Equipment Co stock appears to be undervalued. The current stock price of ¥6.39 is trading 23.8% below its estimated GF Value™ of ¥8.39. GuruFocus considers Lanzhou LS Heavy Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603169:

  • Days Payable: 345.00 (11% above median its 10-year median of 312.13)
  • GF Value™: ¥8.39 vs. price of ¥6.39 (23.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 342% above the Industrial Products median (#290 of 2995)

No single metric tells the full story. See the SHSE:603169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanzhou LS Heavy Equipment Co Business Description

Address No. 528, West Section of Huanghe Avenue, Lanzhou New District, Gansu Province, Lanzhou, CHN, 730087
Lanzhou LS Heavy Equipment Co Ltd is a China-based company. It is engaged in the manufacturing of pressure vessels in the energy industry. The firm operates through two business divisions including equipment manufacturing business and petrochemical engineering general contracting. The equipment manufacturing business is responsible for collecting information, obtaining contract orders through bidding and negotiation, and design department responsible department. It caters its services to energy industry such as refining, chemical, coal chemical, nuclear power, and biomedicine. Its product offerings include nuclear products, pressure separators, coal chemical equipment, tanks, hydrogenation reactors, and threaded locking ring type heat exchangers.
57GF Score

Get the complete analysis for SHSE:603169

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

¥6.39
Price
¥8.39
GF Value