Shanghai Longcheer Technology Co (SHSE:603341) Days Payable: 180.62 (As of Mar. 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603341 Shanghai Longcheer Technology Co Ltd SHSE:603341
43 GF Score
Price ¥39.70
! 8 Warning Signs
View Full Analysis

What is Shanghai Longcheer Technology Co Days Payable?

Shanghai Longcheer Technology Co SHSE:603341 -4.31% 43 Days Payable is 180.62 as of Mar. 2026, which is 38% above its 10-year median of 130.93. GuruFocus rates SHSE:603341 with a GF Score™ of 43/100. The stock has 8 warning signs investors should review. Among 2,442 Hardware companies, Shanghai Longcheer Technology Co ranks better than 82.72% on this metric.

Shanghai Longcheer Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥13,536 Mil. Shanghai Longcheer Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥6,839 Mil. Hence, Shanghai Longcheer Technology Co's Days Payable for the three months ended in Mar. 2026 was 180.62.

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

SHSE:603341' s Days Payable Range Over the Past 10 Years
Min: 115.86   Med: 130.93   Max: 161.68
Current: 148.23

During the past 12 years, Shanghai Longcheer Technology Co's highest Days Payable was 161.68. The lowest was 115.86. And the median was 130.93.

SHSE:603341's Days Payable is ranked better than
82.72% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:603341: 148.23

Shanghai Longcheer Technology Co's Days Payable increased from Mar. 2025 (166.29) to Mar. 2026 (180.62). It may suggest that Shanghai Longcheer Technology Co delayed paying its suppliers.


Shanghai Longcheer Technology Co Days Payable Related Terms


Shanghai Longcheer Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Longcheer 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.

Shanghai Longcheer Technology Co Days Payable Chart

Shanghai Longcheer Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.29 125.27 161.68 120.53 144.62

Shanghai Longcheer Technology Co Quarterly Data
Jun17 Dec19 Dec20 Dec21 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 166.29 146.95 140.39 141.93 180.62

SHSE:603341 vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Shanghai Longcheer 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.


Shanghai Longcheer Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Shanghai Longcheer Technology Co's Days Payable distribution charts can be found below:

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


SHSE:603341
43GF Score
Shanghai Longcheer Technology Co Ltd SHSE:603341
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Longcheer 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.

Shanghai Longcheer 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
=( (16277.502 + 14173.115) / 2 ) / 38425.635*365
=15225.3085 / 38425.635*365
=144.62

Shanghai Longcheer 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
=( (14173.115 + 12899.512) / 2 ) / 6838.586*365 / 4
=13536.3135 / 6838.586*365 / 4
=180.62

* 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 180.62 mean?
Shanghai Longcheer Technology Co (SHSE:603341) has a Days Payable of 180.62 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 Shanghai Longcheer Technology Co and its competitors. This is 38% above median its historical median of 130.93. Over the past decade, Shanghai Longcheer Technology Co's Days Payable has ranged from 115.86 to 161.68. According to the industry distribution chart, Shanghai Longcheer Technology Co ranks #422 out of 2442 companies in the Hardware industry, placing it in the top 17.3%.
Is Shanghai Longcheer Technology Co's Days Payable too high?
Shanghai Longcheer Technology Co's current Days Payable of 180.62 is 38% above median its 10-year median of 130.93. Over the past 10 years, this metric has ranged from a low of 115.86 to a high of 161.68. The Hardware industry median Days Payable is 69.89. Shanghai Longcheer Technology Co's value of 180.62 is 158.4% above this industry median. Based on the distribution chart, Shanghai Longcheer Technology Co ranks #422 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Longcheer Technology Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Longcheer Technology Co's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Shanghai Longcheer Technology Co ranks #422 out of 2442 companies for Days Payable. This places Shanghai Longcheer Technology Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Shanghai Longcheer Technology Co's value of 180.62 is 158.4% above this benchmark. Historically, Shanghai Longcheer Technology Co's own Days Payable has ranged from 115.86 to 161.68 over the past decade. While the company's 10-year median is 130.93 vs. the industry median of 69.89, Shanghai Longcheer 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Shanghai Longcheer Technology Co's current Days Payable of 180.62 is 158.4% 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 Shanghai Longcheer Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Longcheer Technology Co's current Days Payable is 180.62, which is 38% above median its own 10-year median of 130.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Longcheer Technology Co stock overvalued right now?
Shanghai Longcheer Technology Co (SHSE:603341) has a current Days Payable of 180.62. The current Days Payable is 180.62, which is 38% above median its 10-year median of 130.93 and 158.4% above the Hardware industry median of 69.89. Shanghai Longcheer Technology Co's overall GF Score™ is 43/100 with 8 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 Shanghai Longcheer Technology Co (SHSE:603341), the current Days Payable is 180.62 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.

Shanghai Longcheer Technology Co Business Description

Other Exchanges 09611:Hong Kong
Address 401 Caobao Road, Building 1, Xuhui District, Shanghai, CHN
Shanghai Longcheer Technology Co Ltd is a smart device ODM company engaged in the research, design, manufacturing, and servicing of smartphones, tablets, AIoT products, and other electronic equipment. It offers comprehensive, end-to-end solutions, including R&D and technical services, to consumer electronics brands such as Xiaomi, Samsung Electronics, Huawei, Lenovo, OPPO, and vivo. Its product portfolio spans smartphones, AI PCs, tablets, wearable devices, automotive electronics, and other smart terminal products. The company operates across multiple countries and regions, with Mainland China contributing the majority of its revenue, alongside a growing presence in overseas markets.
43GF Score

Get the complete analysis for SHSE:603341

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

¥39.70
Price