Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) Days Payable: 176.56 (As of Mar. 2026) — 22% Above Median


SHSE:603178 Ningbo Shenglong Automotive Powertrain System Co Ltd SHSE:603178
54 GF Score
Price ¥15.10
GF Value ¥19.14
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ningbo Shenglong Automotive Powertrain System Co Days Payable?

Ningbo Shenglong Automotive Powertrain System Co SHSE:603178 -10.01% 54 Days Payable is 176.56 as of Mar. 2026, which is 22% above its 10-year median of 144.96. GuruFocus rates SHSE:603178 with a GF Score™ of 54/100 and a GF Value™ of ¥19.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Ningbo Shenglong Automotive Powertrain System Co ranks better than 83.92% on this metric.

Ningbo Shenglong Automotive Powertrain System Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥608 Mil. Ningbo Shenglong Automotive Powertrain System Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥314 Mil. Hence, Ningbo Shenglong Automotive Powertrain System Co's Days Payable for the three months ended in Mar. 2026 was 176.56.

The historical rank and industry rank for Ningbo Shenglong Automotive Powertrain System Co's Days Payable or its related term are showing as below:

SHSE:603178' s Days Payable Range Over the Past 10 Years
Min: 98.19   Med: 144.96   Max: 151.9
Current: 151.07

During the past 13 years, Ningbo Shenglong Automotive Powertrain System Co's highest Days Payable was 151.90. The lowest was 98.19. And the median was 144.96.

SHSE:603178's Days Payable is ranked better than
83.92% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603178: 151.07

Ningbo Shenglong Automotive Powertrain System Co's Days Payable increased from Mar. 2025 (158.44) to Mar. 2026 (176.56). It may suggest that Ningbo Shenglong Automotive Powertrain System Co delayed paying its suppliers.


Ningbo Shenglong Automotive Powertrain System Co Days Payable Related Terms


Ningbo Shenglong Automotive Powertrain System Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbo Shenglong Automotive Powertrain System 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.

Ningbo Shenglong Automotive Powertrain System Co Days Payable Chart

Ningbo Shenglong Automotive Powertrain System 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 143.43 151.90 150.17 148.20 146.49

Ningbo Shenglong Automotive Powertrain System 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 158.44 146.16 147.07 139.63 176.56

SHSE:603178 vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Ningbo Shenglong Automotive Powertrain System 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.


Ningbo Shenglong Automotive Powertrain System Co Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Ningbo Shenglong Automotive Powertrain System Co's Days Payable falls into.


SHSE:603178
54GF Score
Ningbo Shenglong Automotive Powertrain System Co Ltd SHSE:603178
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Shenglong Automotive Powertrain System 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.

Ningbo Shenglong Automotive Powertrain System 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
=( (638.922 + 648.609) / 2 ) / 1604.019*365
=643.7655 / 1604.019*365
=146.49

Ningbo Shenglong Automotive Powertrain System 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
=( (648.609 + 567.697) / 2 ) / 314.302*365 / 4
=608.153 / 314.302*365 / 4
=176.56

* 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 176.56 mean?
Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) has a Days Payable of 176.56 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 Ningbo Shenglong Automotive Powertrain System Co and its competitors. This is 22% above median its historical median of 144.96. Over the past decade, Ningbo Shenglong Automotive Powertrain System Co's Days Payable has ranged from 98.19 to 151.90. According to the industry distribution chart, Ningbo Shenglong Automotive Powertrain System Co ranks #210 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 16.1%.
Is Ningbo Shenglong Automotive Powertrain System Co's Days Payable too high?
Ningbo Shenglong Automotive Powertrain System Co's current Days Payable of 176.56 is 22% above median its 10-year median of 144.96. Over the past 10 years, this metric has ranged from a low of 98.19 to a high of 151.90. The Vehicles & Parts industry median Days Payable is 67.14. Ningbo Shenglong Automotive Powertrain System Co's value of 176.56 is 163% above this industry median. Based on the distribution chart, Ningbo Shenglong Automotive Powertrain System Co ranks #210 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Shenglong Automotive Powertrain System Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shenglong Automotive Powertrain System Co's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ningbo Shenglong Automotive Powertrain System Co ranks #210 out of 1306 companies for Days Payable. This places Ningbo Shenglong Automotive Powertrain System Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. Ningbo Shenglong Automotive Powertrain System Co's value of 176.56 is 163% above this benchmark. Historically, Ningbo Shenglong Automotive Powertrain System Co's own Days Payable has ranged from 98.19 to 151.90 over the past decade. While the company's 10-year median is 144.96 vs. the industry median of 67.14, Ningbo Shenglong Automotive Powertrain System 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. Ningbo Shenglong Automotive Powertrain System Co's current Days Payable of 176.56 is 163% 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 Ningbo Shenglong Automotive Powertrain System 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. Ningbo Shenglong Automotive Powertrain System Co's current Days Payable is 176.56, which is 22% above median its own 10-year median of 144.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shenglong Automotive Powertrain System Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.14, compared to a current price of ¥15.10 — trading 21.1% below its estimated fair value. The current Days Payable is 176.56, which is 22% above median its 10-year median of 144.96 and 163% above the Vehicles & Parts industry median of 67.14. Ningbo Shenglong Automotive Powertrain System Co's overall GF Score™ is 54/100 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 Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178), the current Days Payable is 176.56 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 Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Shenglong Automotive Powertrain System Co stock appears to be undervalued. The current stock price of ¥15.10 is trading 21.1% below its estimated GF Value™ of ¥19.14. GuruFocus considers Ningbo Shenglong Automotive Powertrain System Co to be Modestly Undervalued.

Key valuation signals for SHSE:603178:

  • Days Payable: 176.56 (22% above median its 10-year median of 144.96)
  • GF Value™: ¥19.14 vs. price of ¥15.10 (21.1% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 163% above the Vehicles & Parts median (#210 of 1306)

No single metric tells the full story. See the SHSE:603178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Shenglong Automotive Powertrain System Co Business Description

Address No. 88, Jinda Road, Yinzhou District Industrial Park, Zhejiang Province, Ningbo City, CHN, 315104
Ningbo Shenglong Automotive Powertrain System Co Ltd is an auto manufacturing company.
54GF Score

Get the complete analysis for SHSE:603178

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

¥15.10
Price
¥19.14
GF Value