Heilongjiang Tianyouwei Electronics Co (SHSE:603202) Days Payable: 254.35 (As of Mar. 2026) — 54% Above Median

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SHSE:603202 Heilongjiang Tianyouwei Electronics Co Ltd SHSE:603202
19 GF Score
Price ¥50.50
! 3 Warning Signs
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What is Heilongjiang Tianyouwei Electronics Co Days Payable?

Heilongjiang Tianyouwei Electronics Co SHSE:603202 -2.15% 19 Days Payable is 254.35 as of Mar. 2026, which is 54% above its 10-year median of 165.05. GuruFocus rates SHSE:603202 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Heilongjiang Tianyouwei Electronics Co ranks better than 94.72% on this metric.

Heilongjiang Tianyouwei Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,510 Mil. Heilongjiang Tianyouwei Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥542 Mil. Hence, Heilongjiang Tianyouwei Electronics Co's Days Payable for the three months ended in Mar. 2026 was 254.35.

The historical rank and industry rank for Heilongjiang Tianyouwei Electronics Co's Days Payable or its related term are showing as below:

SHSE:603202' s Days Payable Range Over the Past 10 Years
Min: 140.48   Med: 165.05   Max: 226.08
Current: 221.56

During the past 6 years, Heilongjiang Tianyouwei Electronics Co's highest Days Payable was 226.08. The lowest was 140.48. And the median was 165.05.

SHSE:603202's Days Payable is ranked better than
94.72% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:603202: 221.56

Heilongjiang Tianyouwei Electronics Co's Days Payable increased from Mar. 2025 (196.35) to Mar. 2026 (254.35). It may suggest that Heilongjiang Tianyouwei Electronics Co delayed paying its suppliers.


Heilongjiang Tianyouwei Electronics Co Days Payable Related Terms


Heilongjiang Tianyouwei Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Heilongjiang Tianyouwei Electronics 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.

Heilongjiang Tianyouwei Electronics Co Days Payable Chart

Heilongjiang Tianyouwei Electronics Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 170.01 140.48 144.15 160.08 199.77

Heilongjiang Tianyouwei Electronics Co Quarterly Data
Dec20 Dec21 Dec22 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 196.35 235.40 216.46 181.07 254.35

SHSE:603202 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Heilongjiang Tianyouwei Electronics 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.


Heilongjiang Tianyouwei Electronics Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Heilongjiang Tianyouwei Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Heilongjiang Tianyouwei Electronics Co's Days Payable falls into.


SHSE:603202
19GF Score
Heilongjiang Tianyouwei Electronics Co Ltd SHSE:603202
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Heilongjiang Tianyouwei Electronics 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.

Heilongjiang Tianyouwei Electronics 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
=( (1471.745 + 1394.112) / 2 ) / 2618.14*365
=1432.9285 / 2618.14*365
=199.77

Heilongjiang Tianyouwei Electronics 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
=( (1394.112 + 1626.625) / 2 ) / 541.862*365 / 4
=1510.3685 / 541.862*365 / 4
=254.35

* 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 254.35 mean?
Heilongjiang Tianyouwei Electronics Co (SHSE:603202) has a Days Payable of 254.35 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 Heilongjiang Tianyouwei Electronics Co and its competitors. This is 54% above median its historical median of 165.05. Over the past decade, Heilongjiang Tianyouwei Electronics Co's Days Payable has ranged from 140.48 to 226.08. According to the industry distribution chart, Heilongjiang Tianyouwei Electronics Co ranks #69 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 5.3%.
Is Heilongjiang Tianyouwei Electronics Co's Days Payable too high?
Heilongjiang Tianyouwei Electronics Co's current Days Payable of 254.35 is 54% above median its 10-year median of 165.05. Over the past 10 years, this metric has ranged from a low of 140.48 to a high of 226.08. The Vehicles & Parts industry median Days Payable is 67.26. Heilongjiang Tianyouwei Electronics Co's value of 254.35 is 278.2% above this industry median. Based on the distribution chart, Heilongjiang Tianyouwei Electronics Co ranks #69 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Heilongjiang Tianyouwei Electronics Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Tianyouwei Electronics Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Heilongjiang Tianyouwei Electronics Co ranks #69 out of 1306 companies for Days Payable. This places Heilongjiang Tianyouwei Electronics Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Heilongjiang Tianyouwei Electronics Co's value of 254.35 is 278.2% above this benchmark. Historically, Heilongjiang Tianyouwei Electronics Co's own Days Payable has ranged from 140.48 to 226.08 over the past decade. While the company's 10-year median is 165.05 vs. the industry median of 67.26, Heilongjiang Tianyouwei Electronics 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. Heilongjiang Tianyouwei Electronics Co's current Days Payable of 254.35 is 278.2% 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 Heilongjiang Tianyouwei Electronics 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. Heilongjiang Tianyouwei Electronics Co's current Days Payable is 254.35, which is 54% above median its own 10-year median of 165.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Tianyouwei Electronics Co stock overvalued right now?
Heilongjiang Tianyouwei Electronics Co (SHSE:603202) has a current Days Payable of 254.35. The current Days Payable is 254.35, which is 54% above median its 10-year median of 165.05 and 278.2% above the Vehicles & Parts industry median of 67.26. Heilongjiang Tianyouwei Electronics Co's overall GF Score™ is 19/100 with 3 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 Heilongjiang Tianyouwei Electronics Co (SHSE:603202), the current Days Payable is 254.35 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.

Heilongjiang Tianyouwei Electronics Co Business Description

Address Number 9 Kunshan Road, Suihua Economic and Technological Development Zone, Heilongjiang Province, Suihua, CHN, 152000
Heilongjiang Tianyouwei Electronics Co Ltd is engaged in the research and development, design, production, sales and service of automotive instruments, and gradually expands into the field of smart cockpits. The company products include electronic instrument clusters, full LCD instrument clusters, dual-screen instruments, in-vehicle infotainment systems, in-vehicle air-conditioning controllers, in-vehicle wireless chargers, automotive electronics development services, etc.
19GF Score

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

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