Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) Days Payable: 124.25 (As of Mar. 2026) — Near Median

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SHSE:603319 Hunan Meihu Intelligent Manufacturing Co Ltd SHSE:603319
81 GF Score
Price ¥25.05
GF Value ¥17.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hunan Meihu Intelligent Manufacturing Co Days Payable?

Hunan Meihu Intelligent Manufacturing Co SHSE:603319 +6.60% 81 Days Payable is 124.25 as of Mar. 2026, which is 7% above its 10-year median of 115.76. GuruFocus rates SHSE:603319 with a GF Score™ of 81/100 and a GF Value™ of ¥17.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Hunan Meihu Intelligent Manufacturing Co ranks better than 74.46% on this metric.

Hunan Meihu Intelligent Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥580 Mil. Hunan Meihu Intelligent Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥426 Mil. Hence, Hunan Meihu Intelligent Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 124.25.

The historical rank and industry rank for Hunan Meihu Intelligent Manufacturing Co's Days Payable or its related term are showing as below:

SHSE:603319' s Days Payable Range Over the Past 10 Years
Min: 105.97   Med: 115.76   Max: 160.93
Current: 115.03

During the past 13 years, Hunan Meihu Intelligent Manufacturing Co's highest Days Payable was 160.93. The lowest was 105.97. And the median was 115.76.

SHSE:603319's Days Payable is ranked better than
74.46% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.085 vs SHSE:603319: 115.03

Hunan Meihu Intelligent Manufacturing Co's Days Payable increased from Mar. 2025 (121.79) to Mar. 2026 (124.25). It may suggest that Hunan Meihu Intelligent Manufacturing Co delayed paying its suppliers.


Hunan Meihu Intelligent Manufacturing Co Days Payable Related Terms


Hunan Meihu Intelligent Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hunan Meihu Intelligent Manufacturing 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.

Hunan Meihu Intelligent Manufacturing Co Days Payable Chart

Hunan Meihu Intelligent Manufacturing 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 114.11 117.97 105.97 112.29 110.95

Hunan Meihu Intelligent Manufacturing 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 121.79 125.52 122.23 99.31 124.25

SHSE:603319 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Hunan Meihu Intelligent Manufacturing 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.


Hunan Meihu Intelligent Manufacturing Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hunan Meihu Intelligent Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Meihu Intelligent Manufacturing Co's Days Payable falls into.


SHSE:603319
81GF Score
Hunan Meihu Intelligent Manufacturing Co Ltd SHSE:603319
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hunan Meihu Intelligent Manufacturing 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.

Hunan Meihu Intelligent Manufacturing 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
=( (482.403 + 614.602) / 2 ) / 1804.403*365
=548.5025 / 1804.403*365
=110.95

Hunan Meihu Intelligent Manufacturing 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
=( (614.602 + 546.033) / 2 ) / 426.2*365 / 4
=580.3175 / 426.2*365 / 4
=124.25

* 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 124.25 mean?
Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) has a Days Payable of 124.25 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 Hunan Meihu Intelligent Manufacturing Co and its competitors. This is near median its historical median of 115.76. Over the past decade, Hunan Meihu Intelligent Manufacturing Co's Days Payable has ranged from 105.97 to 160.93. According to the industry distribution chart, Hunan Meihu Intelligent Manufacturing Co ranks #334 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 25.5%.
Is Hunan Meihu Intelligent Manufacturing Co's Days Payable too high?
Hunan Meihu Intelligent Manufacturing Co's current Days Payable of 124.25 is near median its 10-year median of 115.76. Over the past 10 years, this metric has ranged from a low of 105.97 to a high of 160.93. The Vehicles & Parts industry median Days Payable is 67.09. Hunan Meihu Intelligent Manufacturing Co's value of 124.25 is 85.2% above this industry median. Based on the distribution chart, Hunan Meihu Intelligent Manufacturing Co ranks #334 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hunan Meihu Intelligent Manufacturing Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Meihu Intelligent Manufacturing Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hunan Meihu Intelligent Manufacturing Co ranks #334 out of 1308 companies for Days Payable. This puts Hunan Meihu Intelligent Manufacturing Co in the upper half of its industry. The industry median Days Payable is 67.09. Hunan Meihu Intelligent Manufacturing Co's value of 124.25 is 85.2% above this benchmark. Historically, Hunan Meihu Intelligent Manufacturing Co's own Days Payable has ranged from 105.97 to 160.93 over the past decade. While the company's 10-year median is 115.76 vs. the industry median of 67.09, Hunan Meihu Intelligent Manufacturing 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 67.09, based on 1,308 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. Hunan Meihu Intelligent Manufacturing Co's current Days Payable of 124.25 is 85.2% 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 Hunan Meihu Intelligent Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Meihu Intelligent Manufacturing Co's current Days Payable is 124.25, which is near median its own 10-year median of 115.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Meihu Intelligent Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.43, compared to a current price of ¥25.05 — trading 43.7% above its estimated fair value. The current Days Payable is 124.25, which is near median its 10-year median of 115.76 and 85.2% above the Vehicles & Parts industry median of 67.09. Hunan Meihu Intelligent Manufacturing Co's overall GF Score™ is 81/100 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 Hunan Meihu Intelligent Manufacturing Co (SHSE:603319), the current Days Payable is 124.25 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 Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Meihu Intelligent Manufacturing Co stock appears to be overvalued. The current stock price of ¥25.05 is trading 43.7% above its estimated GF Value™ of ¥17.43. GuruFocus considers Hunan Meihu Intelligent Manufacturing Co to be Significantly Overvalued.

Key valuation signals for SHSE:603319:

  • Days Payable: 124.25 (near median its 10-year median of 115.76)
  • GF Value™: ¥17.43 vs. price of ¥25.05 (43.7% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 85.2% above the Vehicles & Parts median (#334 of 1308)

No single metric tells the full story. See the SHSE:603319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunan Meihu Intelligent Manufacturing Co Business Description

Address No. 69, North Hengyue Road, Hengdong County, Hunan Province, Chengguan, CHN, 421400
Hunan Meihu Intelligent Manufacturing Co Ltd manufactures and sells oil pumps including diesel engine pumps, gasoline, mechanical and electric control variable displacement oil pumps, cooling water pumps and among others.
81GF Score

Get the complete analysis for SHSE:603319

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

¥25.05
Price
¥17.43
GF Value