Anhui Linping Circular Development Co (SHSE:603284) Days Payable: 28.78 (As of Jun. 2026) — 12% Below Median

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SHSE:603284 Anhui Linping Circular Development Co Ltd SHSE:603284
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What is Anhui Linping Circular Development Co Days Payable?

Anhui Linping Circular Development Co SHSE:603284 +1.20% 15 Days Payable is 28.78 as of Jun. 2026, which is 12% below its 10-year median of 32.72. GuruFocus rates SHSE:603284 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 274 Forest Products companies, Anhui Linping Circular Development Co ranks worse than 69.71% on this metric.

Anhui Linping Circular Development Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥289 Mil. Anhui Linping Circular Development Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥917 Mil. Hence, Anhui Linping Circular Development Co's Days Payable for the three months ended in Jun. 2026 was 28.78.

The historical rank and industry rank for Anhui Linping Circular Development Co's Days Payable or its related term are showing as below:

SHSE:603284' s Days Payable Range Over the Past 10 Years
Min: 25.63   Med: 32.72   Max: 51.3
Current: 38.45

During the past 4 years, Anhui Linping Circular Development Co's highest Days Payable was 51.30. The lowest was 25.63. And the median was 32.72.

SHSE:603284's Days Payable is ranked worse than
69.71% of 274 companies
in the Forest Products industry
Industry Median: 57.635 vs SHSE:603284: 38.45

Anhui Linping Circular Development Co's Days Payable declined from Jun. 2025 (43.57) to Jun. 2026 (28.78). It may suggest that Anhui Linping Circular Development Co accelerated paying its suppliers.


Anhui Linping Circular Development Co Days Payable Related Terms


Anhui Linping Circular Development Co Days Payable Historical Data

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The historical data trend for Anhui Linping Circular Development 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.

Anhui Linping Circular Development Co Days Payable Chart

Anhui Linping Circular Development Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
28.08 25.63 37.35 51.30

Anhui Linping Circular Development Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only 43.57 39.22 46.74 47.08 28.78

Anhui Linping Circular Development Co Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Anhui Linping Circular Development 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.


Anhui Linping Circular Development Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Anhui Linping Circular Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Linping Circular Development Co's Days Payable falls into.


SHSE:603284
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Anhui Linping Circular Development Co Ltd SHSE:603284
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Anhui Linping Circular Development 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.

Anhui Linping Circular Development 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
=( (311.014 + 368.87) / 2 ) / 2418.859*365
=339.942 / 2418.859*365
=51.30

Anhui Linping Circular Development Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (301.656 + 276.985) / 2 ) / 917.37*365 / 4
=289.3205 / 917.37*365 / 4
=28.78

* 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 28.78 mean?
Anhui Linping Circular Development Co (SHSE:603284) has a Days Payable of 28.78 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Anhui Linping Circular Development Co and its competitors. This is 12% below median its historical median of 32.72. Over the past decade, Anhui Linping Circular Development Co's Days Payable has ranged from 25.63 to 51.30. According to the industry distribution chart, Anhui Linping Circular Development Co ranks #191 out of 274 companies in the Forest Products industry, placing it in the top 69.7%.
Is Anhui Linping Circular Development Co's Days Payable too high?
Anhui Linping Circular Development Co's current Days Payable of 28.78 is 12% below median its 10-year median of 32.72. Over the past 10 years, this metric has ranged from a low of 25.63 to a high of 51.30. The Forest Products industry median Days Payable is 57.64. Anhui Linping Circular Development Co's value of 28.78 is 50.1% below this industry median. Based on the distribution chart, Anhui Linping Circular Development Co ranks #191 out of 274 companies in the Forest Products industry, which is below the industry midpoint. Overall, Anhui Linping Circular Development Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Anhui Linping Circular Development Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Anhui Linping Circular Development Co ranks #191 out of 274 companies for Days Payable. This places Anhui Linping Circular Development Co in the lower half of its industry. The industry median Days Payable is 57.64. Anhui Linping Circular Development Co's value of 28.78 is 50.1% below this benchmark. Historically, Anhui Linping Circular Development Co's own Days Payable has ranged from 25.63 to 51.30 over the past decade. While the company's 10-year median is 32.72 vs. the industry median of 57.64, Anhui Linping Circular Development Co has consistently been below 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.64, based on 274 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. Anhui Linping Circular Development Co's current Days Payable of 28.78 is 50.1% below 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 Anhui Linping Circular Development Co and its competitors. For the Forest Products industry, the median Days Payable is 57.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Linping Circular Development Co's current Days Payable is 28.78, which is 12% below median its own 10-year median of 32.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Linping Circular Development Co stock overvalued right now?
Anhui Linping Circular Development Co (SHSE:603284) has a current Days Payable of 28.78. The current Days Payable is 28.78, which is 12% below median its 10-year median of 32.72 and 50.1% below the Forest Products industry median of 57.64. Anhui Linping Circular Development Co's overall GF Score™ is 15/100 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 Anhui Linping Circular Development Co (SHSE:603284), the current Days Payable is 28.78 as of Jun. 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.

Anhui Linping Circular Development Co Business Description

Address Beicheng Village, Shengquan Township, Xiaoxian County, Anhui Province, Suzhou, CHN, 235200
Anhui Linping Circular Development Co Ltd is engaged in paper manufacturing, recycling of renewable resources, resource recycling services and technical consulting, and paper product sales. Its operations also include heat production and supply, import and export activities, road freight transportation, and power generation, transmission, and distribution.
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