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SHSE:603201'
s Days Payable Range Over the Past 10 Years
Min: 94.34 Med: 105.83 Max: 121.09
Current: 101.34
During the past 8 years, Changshu Tongrun Auto Accessory Co's highest Days Payable was 121.09. The lowest was 94.34. And the median was 105.83.
SHSE:603201's Days Payable is ranked better than 69.53% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 67.14
vs SHSE:603201: 101.34
* 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.
Changshu Tongrun Auto Accessory Co Days Payable Chart
For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.
Changshu Tongrun Auto Accessory Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Changshu Tongrun Auto Accessory Co's Days Payable falls into.
Changshu Tongrun Auto Accessory 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.
* 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.
Changshu Tongrun Auto Accessory Co (SHSE:603201) has a Days Payable of 120.77 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 Changshu Tongrun Auto Accessory Co and its competitors. This is 14% above median its historical median of 105.83. Over the past decade, Changshu Tongrun Auto Accessory Co's Days Payable has ranged from 94.34 to 121.09. According to the industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #398 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 30.5%.
Is Changshu Tongrun Auto Accessory Co's Days Payable too high?
Changshu Tongrun Auto Accessory Co's current Days Payable of 120.77 is 14% above median its 10-year median of 105.83. Over the past 10 years, this metric has ranged from a low of 94.34 to a high of 121.09. The Vehicles & Parts industry median Days Payable is 67.14. Changshu Tongrun Auto Accessory Co's value of 120.77 is 79.9% above this industry median. Based on the distribution chart, Changshu Tongrun Auto Accessory Co ranks #398 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Changshu Tongrun Auto Accessory Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Tongrun Auto Accessory Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #398 out of 1306 companies for Days Payable. This puts Changshu Tongrun Auto Accessory Co in the upper half of its industry. The industry median Days Payable is 67.14. Changshu Tongrun Auto Accessory Co's value of 120.77 is 79.9% above this benchmark. Historically, Changshu Tongrun Auto Accessory Co's own Days Payable has ranged from 94.34 to 121.09 over the past decade. While the company's 10-year median is 105.83 vs. the industry median of 67.14, Changshu Tongrun Auto Accessory 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. Changshu Tongrun Auto Accessory Co's current Days Payable of 120.77 is 79.9% 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 Changshu Tongrun Auto Accessory 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. Changshu Tongrun Auto Accessory Co's current Days Payable is 120.77, which is 14% above median its own 10-year median of 105.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Tongrun Auto Accessory Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co (SHSE:603201) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.81, compared to a current price of ¥17.83 — trading 10% below its estimated fair value. The current Days Payable is 120.77, which is 14% above median its 10-year median of 105.83 and 79.9% above the Vehicles & Parts industry median of 67.14. Changshu Tongrun Auto Accessory Co's overall GF Score™ is 82/100 with 1 warning sign 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 Changshu Tongrun Auto Accessory Co (SHSE:603201), the current Days Payable is 120.77 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 Changshu Tongrun Auto Accessory Co (SHSE:603201) Overvalued in 2026?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co stock appears to be undervalued.
The current stock price of ¥17.83 is trading 10% below its estimated GF Value™ of ¥19.81.
GuruFocus considers Changshu Tongrun Auto Accessory Co to be Modestly Undervalued.
Key valuation signals for SHSE:603201:
Days Payable: 120.77 (14% above median its 10-year median of 105.83)
GF Value™: ¥19.81 vs. price of ¥17.83 (10% below fair value)
Industry Position: 79.9% above the Vehicles & Parts median (#398 of 1306)
No single metric tells the full story. See the SHSE:603201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changshu Tongrun Auto Accessory Co Business Description
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing, and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts, and other automotive maintenance equipment and tools.
82GF Score
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