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Wencan Group CoSHSE:603348 +0.77%64 Days Payable is 132.49 as of Mar. 2026, which is 21% above its 10-year median of 109.07. GuruFocus rates SHSE:603348 with a GF Score™ of 64/100 and a GF Value™ of ¥24.82 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Wencan Group Co ranks better than 73.12% on this metric.
The historical rank and industry rank for Wencan Group Co's Days Payable or its related term are showing as below:
SHSE:603348'
s Days Payable Range Over the Past 10 Years
Min: 80.41 Med: 109.07 Max: 130.67
Current: 110.95
During the past 13 years, Wencan Group Co's highest Days Payable was 130.67. The lowest was 80.41. And the median was 109.07.
SHSE:603348's Days Payable is ranked better than 73.12% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 67.14
vs SHSE:603348: 110.95
Wencan Group Co's Days Payable
increased
from Mar. 2025 (128.20) to Mar. 2026 (132.49).
It may suggest that Wencan Group Codelayed paying its suppliers.
Wencan Group Co Days Payable Related Terms
Wencan Group Co Days Payable Historical Data
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The historical data trend for Wencan Group 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.
For the Auto Parts subindustry, Wencan Group 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.
Wencan Group Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Wencan Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Wencan Group Co's Days Payable falls into.
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.
Wencan Group Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Wencan Group Co (SHSE:603348) has a Days Payable of 132.49 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 Wencan Group Co and its competitors. This is 21% above median its historical median of 109.07. Over the past decade, Wencan Group Co's Days Payable has ranged from 80.41 to 130.67. According to the industry distribution chart, Wencan Group Co ranks #351 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 26.9%.
Is Wencan Group Co's Days Payable too high?
Wencan Group Co's current Days Payable of 132.49 is 21% above median its 10-year median of 109.07. Over the past 10 years, this metric has ranged from a low of 80.41 to a high of 130.67. The Vehicles & Parts industry median Days Payable is 67.14. Wencan Group Co's value of 132.49 is 97.3% above this industry median. Based on the distribution chart, Wencan Group Co ranks #351 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Wencan Group Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wencan Group Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wencan Group Co ranks #351 out of 1306 companies for Days Payable. This puts Wencan Group Co in the upper half of its industry. The industry median Days Payable is 67.14. Wencan Group Co's value of 132.49 is 97.3% above this benchmark. Historically, Wencan Group Co's own Days Payable has ranged from 80.41 to 130.67 over the past decade. While the company's 10-year median is 109.07 vs. the industry median of 67.14, Wencan Group 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 67.14, 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. Wencan Group Co's current Days Payable of 132.49 is 97.3% 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 Wencan Group Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wencan Group Co's current Days Payable is 132.49, which is 21% above median its own 10-year median of 109.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wencan Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wencan Group Co (SHSE:603348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.82, compared to a current price of ¥13.12 — trading 47.1% below its estimated fair value. The current Days Payable is 132.49, which is 21% above median its 10-year median of 109.07 and 97.3% above the Vehicles & Parts industry median of 67.14. Wencan Group Co's overall GF Score™ is 64/100 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 Wencan Group Co (SHSE:603348), the current Days Payable is 132.49 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 Wencan Group Co (SHSE:603348) Overvalued in 2026?
Based on GuruFocus' analysis, Wencan Group Co stock appears to be undervalued.
The current stock price of ¥13.12 is trading 47.1% below its estimated GF Value™ of ¥24.82.
GuruFocus considers Wencan Group Co to be Possible Value Trap.
Key valuation signals for SHSE:603348:
Days Payable: 132.49 (21% above median its 10-year median of 109.07)
GF Value™: ¥24.82 vs. price of ¥13.12 (47.1% below fair value)
Industry Position: 97.3% above the Vehicles & Parts median (#351 of 1306)
No single metric tells the full story. See the SHSE:603348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wencan Group Co Ltd is engaged in the research, development, production and sales of automobile aluminum alloy precision die castings. The products are mainly used in engine systems, gearbox systems, and chassis systems in mid- to high-end automobiles, brake system, body structure parts and other auto parts.
64GF Score
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