Ananda Drive Techniques (Shanghai) Co (SHSE:603350) Days Payable: 188.51 (As of Mar. 2026) — 63% Above Median

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SHSE:603350 Ananda Drive Techniques (Shanghai) Co Ltd SHSE:603350
42 GF Score
Price ¥26.01
! 6 Warning Signs
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What is Ananda Drive Techniques (Shanghai) Co Days Payable?

Ananda Drive Techniques (Shanghai) Co SHSE:603350 -1.40% 42 Days Payable is 188.51 as of Mar. 2026, which is 63% above its 10-year median of 115.74. GuruFocus rates SHSE:603350 with a GF Score™ of 42/100. The stock has 6 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Ananda Drive Techniques (Shanghai) Co ranks better than 86.75% on this metric.

Ananda Drive Techniques (Shanghai) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥813 Mil. Ananda Drive Techniques (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥393 Mil. Hence, Ananda Drive Techniques (Shanghai) Co's Days Payable for the three months ended in Mar. 2026 was 188.51.

The historical rank and industry rank for Ananda Drive Techniques (Shanghai) Co's Days Payable or its related term are showing as below:

SHSE:603350' s Days Payable Range Over the Past 10 Years
Min: 77.3   Med: 115.74   Max: 180
Current: 166.5

During the past 10 years, Ananda Drive Techniques (Shanghai) Co's highest Days Payable was 180.00. The lowest was 77.30. And the median was 115.74.

SHSE:603350's Days Payable is ranked better than
86.75% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603350: 166.50

Ananda Drive Techniques (Shanghai) Co's Days Payable increased from Mar. 2025 (146.67) to Mar. 2026 (188.51). It may suggest that Ananda Drive Techniques (Shanghai) Co delayed paying its suppliers.


Ananda Drive Techniques (Shanghai) Co Days Payable Related Terms


Ananda Drive Techniques (Shanghai) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ananda Drive Techniques (Shanghai) 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.

Ananda Drive Techniques (Shanghai) Co Days Payable Chart

Ananda Drive Techniques (Shanghai) 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 116.98 114.50 145.32 180.00 156.13

Ananda Drive Techniques (Shanghai) 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 146.67 142.97 140.46 213.50 188.51

SHSE:603350 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Ananda Drive Techniques (Shanghai) 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.


Ananda Drive Techniques (Shanghai) Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ananda Drive Techniques (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ananda Drive Techniques (Shanghai) Co's Days Payable falls into.


SHSE:603350
42GF Score
Ananda Drive Techniques (Shanghai) Co Ltd SHSE:603350
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ananda Drive Techniques (Shanghai) 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.

Ananda Drive Techniques (Shanghai) 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
=( (669.99 + 778.456) / 2 ) / 1693.114*365
=724.223 / 1693.114*365
=156.13

Ananda Drive Techniques (Shanghai) 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
=( (778.456 + 847.308) / 2 ) / 393.481*365 / 4
=812.882 / 393.481*365 / 4
=188.51

* 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 188.51 mean?
Ananda Drive Techniques (Shanghai) Co (SHSE:603350) has a Days Payable of 188.51 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 Ananda Drive Techniques (Shanghai) Co and its competitors. This is 63% above median its historical median of 115.74. Over the past decade, Ananda Drive Techniques (Shanghai) Co's Days Payable has ranged from 77.30 to 180.00. According to the industry distribution chart, Ananda Drive Techniques (Shanghai) Co ranks #173 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 13.2%.
Is Ananda Drive Techniques (Shanghai) Co's Days Payable too high?
Ananda Drive Techniques (Shanghai) Co's current Days Payable of 188.51 is 63% above median its 10-year median of 115.74. Over the past 10 years, this metric has ranged from a low of 77.30 to a high of 180.00. The Vehicles & Parts industry median Days Payable is 67.14. Ananda Drive Techniques (Shanghai) Co's value of 188.51 is 180.8% above this industry median. Based on the distribution chart, Ananda Drive Techniques (Shanghai) Co ranks #173 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ananda Drive Techniques (Shanghai) Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Ananda Drive Techniques (Shanghai) Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ananda Drive Techniques (Shanghai) Co ranks #173 out of 1306 companies for Days Payable. This places Ananda Drive Techniques (Shanghai) Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. Ananda Drive Techniques (Shanghai) Co's value of 188.51 is 180.8% above this benchmark. Historically, Ananda Drive Techniques (Shanghai) Co's own Days Payable has ranged from 77.30 to 180.00 over the past decade. While the company's 10-year median is 115.74 vs. the industry median of 67.14, Ananda Drive Techniques (Shanghai) 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. Ananda Drive Techniques (Shanghai) Co's current Days Payable of 188.51 is 180.8% 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 Ananda Drive Techniques (Shanghai) 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. Ananda Drive Techniques (Shanghai) Co's current Days Payable is 188.51, which is 63% above median its own 10-year median of 115.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Drive Techniques (Shanghai) Co stock overvalued right now?
Ananda Drive Techniques (Shanghai) Co (SHSE:603350) has a current Days Payable of 188.51. The current Days Payable is 188.51, which is 63% above median its 10-year median of 115.74 and 180.8% above the Vehicles & Parts industry median of 67.14. Ananda Drive Techniques (Shanghai) Co's overall GF Score™ is 42/100 with 6 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 Ananda Drive Techniques (Shanghai) Co (SHSE:603350), the current Days Payable is 188.51 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.

Ananda Drive Techniques (Shanghai) Co Business Description

Address Guangzhong Road, 1-2 Floor, Building A, No. 19, Lane 133, Minhang District, Shanghai, CHN, 201108
Ananda Drive Techniques (Shanghai) Co Ltd is engaged in research and development, production and sales of electric drive systems for electric two-wheeled vehicles that include mid-drive, side-mounted, and hub motors, along with controllers, sensors, and HMI. Its product include eBike System, eMoped System, eMotorcycle System and eScooter System.
42GF Score

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

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