Chengdu Lihang Technology Co (SHSE:603261) Days Payable: 424.80 (As of Mar. 2026) — 136% Above Median


SHSE:603261 Chengdu Lihang Technology Co Ltd SHSE:603261
59 GF Score
Price ¥53.34
GF Value ¥32.27
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Chengdu Lihang Technology Co Days Payable?

Chengdu Lihang Technology Co SHSE:603261 -4.53% 59 Days Payable is 424.80 as of Mar. 2026, which is 136% above its 10-year median of 179.70. GuruFocus rates SHSE:603261 with a GF Score™ of 59/100 and a GF Value™ of ¥32.27 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 339 Aerospace & Defense companies, Chengdu Lihang Technology Co ranks better than 76.4% on this metric.

Chengdu Lihang Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥244.9 Mil. Chengdu Lihang Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥52.6 Mil. Hence, Chengdu Lihang Technology Co's Days Payable for the three months ended in Mar. 2026 was 424.80.

The historical rank and industry rank for Chengdu Lihang Technology Co's Days Payable or its related term are showing as below:

SHSE:603261' s Days Payable Range Over the Past 10 Years
Min: 96.98   Med: 179.7   Max: 215.62
Current: 165.56

During the past 10 years, Chengdu Lihang Technology Co's highest Days Payable was 215.62. The lowest was 96.98. And the median was 179.70.

SHSE:603261's Days Payable is ranked better than
76.4% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs SHSE:603261: 165.56

Chengdu Lihang Technology Co's Days Payable declined from Mar. 2025 (471.15) to Mar. 2026 (424.80). It may suggest that Chengdu Lihang Technology Co accelerated paying its suppliers.


Chengdu Lihang Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chengdu Lihang Technology 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.

Chengdu Lihang Technology Co Days Payable Chart

Chengdu Lihang Technology 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 190.55 171.84 207.55 215.62 197.51

Chengdu Lihang Technology 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 471.15 317.34 210.92 73.08 424.80

SHSE:603261 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Chengdu Lihang Technology 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.


Chengdu Lihang Technology Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chengdu Lihang Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu Lihang Technology Co's Days Payable falls into.


SHSE:603261
59GF Score
Chengdu Lihang Technology Co Ltd SHSE:603261
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Lihang Technology 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.

Chengdu Lihang Technology 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
=( (196.197 + 266.469) / 2 ) / 427.514*365
=231.333 / 427.514*365
=197.51

Chengdu Lihang Technology 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
=( (266.469 + 223.283) / 2 ) / 52.601*365 / 4
=244.876 / 52.601*365 / 4
=424.80

* 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 424.80 mean?
Chengdu Lihang Technology Co (SHSE:603261) has a Days Payable of 424.80 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 Chengdu Lihang Technology Co and its competitors. This is 136% above median its historical median of 179.70. Over the past decade, Chengdu Lihang Technology Co's Days Payable has ranged from 96.98 to 215.62. According to the industry distribution chart, Chengdu Lihang Technology Co ranks #80 out of 339 companies in the Aerospace & Defense industry, placing it in the top 23.6%.
Is Chengdu Lihang Technology Co's Days Payable too high?
Chengdu Lihang Technology Co's current Days Payable of 424.80 is 136% above median its 10-year median of 179.70. Over the past 10 years, this metric has ranged from a low of 96.98 to a high of 215.62. The Aerospace & Defense industry median Days Payable is 64.65. Chengdu Lihang Technology Co's value of 424.80 is 557.1% above this industry median. Based on the distribution chart, Chengdu Lihang Technology Co ranks #80 out of 339 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Lihang Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Lihang Technology Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Chengdu Lihang Technology Co ranks #80 out of 339 companies for Days Payable. This places Chengdu Lihang Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.65. Chengdu Lihang Technology Co's value of 424.80 is 557.1% above this benchmark. Historically, Chengdu Lihang Technology Co's own Days Payable has ranged from 96.98 to 215.62 over the past decade. While the company's 10-year median is 179.70 vs. the industry median of 64.65, Chengdu Lihang Technology 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Chengdu Lihang Technology Co's current Days Payable of 424.80 is 557.1% 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 Chengdu Lihang Technology Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Lihang Technology Co's current Days Payable is 424.80, which is 136% above median its own 10-year median of 179.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Lihang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Lihang Technology Co (SHSE:603261) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.27, compared to a current price of ¥53.34 — trading 65.3% above its estimated fair value. The current Days Payable is 424.80, which is 136% above median its 10-year median of 179.70 and 557.1% above the Aerospace & Defense industry median of 64.65. Chengdu Lihang Technology Co's overall GF Score™ is 59/100 with 7 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 Chengdu Lihang Technology Co (SHSE:603261), the current Days Payable is 424.80 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 Chengdu Lihang Technology Co (SHSE:603261) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Lihang Technology Co stock appears to be overvalued. The current stock price of ¥53.34 is trading 65.3% above its estimated GF Value™ of ¥32.27. GuruFocus considers Chengdu Lihang Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603261:

  • Days Payable: 424.80 (136% above median its 10-year median of 179.70)
  • GF Value™: ¥32.27 vs. price of ¥53.34 (65.3% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 557.1% above the Aerospace & Defense median (#80 of 339)

No single metric tells the full story. See the SHSE:603261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu Lihang Technology Co Business Description

Address No. 1 attached to No. 24 Yongfeng Road, Chengdu High-tech Zone, Sichuan Province, Chengdu, CHN, 610091
Chengdu Lihang Technology Co Ltd is engaged in production, maintenance and support of aircraft. The company's products and services include Digital jack and attitude adjustment platform, digital chemical engineering laboratory, and Assembly of the barrel section of the fuselage of a certain type of civil regional airliner.
59GF Score

Get the complete analysis for SHSE:603261

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

¥53.34
Price
¥32.27
GF Value