Opple Lighting Co (SHSE:603515) Days Payable: 63.15 (As of Jun. 2026) — 23% Below Median

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SHSE:603515 Opple Lighting Co Ltd SHSE:603515
86 GF Score
Price ¥14.59
GF Value ¥17.16
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Opple Lighting Co Days Payable?

Opple Lighting Co SHSE:603515 -0.75% 86 Days Payable is 63.15 as of Jun. 2026, which is 23% below its 10-year median of 81.88. GuruFocus rates SHSE:603515 with a GF Score™ of 86/100 and a GF Value™ of ¥17.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Opple Lighting Co ranks better than 52.17% on this metric.

Opple Lighting Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥826 Mil. Opple Lighting Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥1,194 Mil. Hence, Opple Lighting Co's Days Payable for the three months ended in Jun. 2026 was 63.15.

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

SHSE:603515' s Days Payable Range Over the Past 10 Years
Min: 64.19   Med: 81.88   Max: 93.19
Current: 68.66

During the past 13 years, Opple Lighting Co's highest Days Payable was 93.19. The lowest was 64.19. And the median was 81.88.

SHSE:603515's Days Payable is ranked better than
52.17% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.03 vs SHSE:603515: 68.66

Opple Lighting Co's Days Payable declined from Jun. 2025 (71.98) to Jun. 2026 (63.15). It may suggest that Opple Lighting Co accelerated paying its suppliers.


Opple Lighting Co Days Payable Historical Data

* Premium members only.

The historical data trend for Opple Lighting 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.

Opple Lighting Co Days Payable Chart

Opple Lighting 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 81.72 83.56 68.01 78.85 73.19

Opple Lighting Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 71.98 71.15 58.96 72.41 63.15

SHSE:603515 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Opple Lighting Co's Days Payable falls into.


SHSE:603515
86GF Score
Opple Lighting Co Ltd SHSE:603515
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Opple Lighting 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.

Opple Lighting 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
=( (934.649729 + 788.54522237) / 2 ) / 4296.89594805*365
=861.597475685 / 4296.89594805*365
=73.19

Opple Lighting 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
=( (729.10775298 + 923.55128806) / 2 ) / 1194.03201551*365 / 4
=826.32952052 / 1194.03201551*365 / 4
=63.15

* 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 63.15 mean?
Opple Lighting Co (SHSE:603515) has a Days Payable of 63.15 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 Opple Lighting Co and its competitors. This is 23% below median its historical median of 81.88. Over the past decade, Opple Lighting Co's Days Payable has ranged from 64.19 to 93.19. According to the industry distribution chart, Opple Lighting Co ranks #198 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 47.8%.
Is Opple Lighting Co's Days Payable too high?
Opple Lighting Co's current Days Payable of 63.15 is 23% below median its 10-year median of 81.88. Over the past 10 years, this metric has ranged from a low of 64.19 to a high of 93.19. The Furnishings, Fixtures & Appliances industry median Days Payable is 66.03. Opple Lighting Co's value of 63.15 is 4.4% below this industry median. Based on the distribution chart, Opple Lighting Co ranks #198 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Opple Lighting Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Opple Lighting Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Opple Lighting Co ranks #198 out of 414 companies for Days Payable. This puts Opple Lighting Co in the upper half of its industry. The industry median Days Payable is 66.03. Opple Lighting Co's value of 63.15 is 4.4% below this benchmark. Historically, Opple Lighting Co's own Days Payable has ranged from 64.19 to 93.19 over the past decade. While the company's 10-year median is 81.88 vs. the industry median of 66.03, Opple Lighting 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 66.03, based on 414 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. Opple Lighting Co's current Days Payable of 63.15 is 4.4% 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 Opple Lighting Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 66.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opple Lighting Co's current Days Payable is 63.15, which is 23% below median its own 10-year median of 81.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opple Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, Opple Lighting Co (SHSE:603515) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.16, compared to a current price of ¥14.59 — trading 15% below its estimated fair value. The current Days Payable is 63.15, which is 23% below median its 10-year median of 81.88 and 4.4% below the Furnishings, Fixtures & Appliances industry median of 66.03. Opple Lighting Co's overall GF Score™ is 86/100 with 2 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 Opple Lighting Co (SHSE:603515), the current Days Payable is 63.15 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.

Is Opple Lighting Co (SHSE:603515) Overvalued in 2026?

Based on GuruFocus' analysis, Opple Lighting Co stock appears to be undervalued. The current stock price of ¥14.59 is trading 15% below its estimated GF Value™ of ¥17.16. GuruFocus considers Opple Lighting Co to be Modestly Undervalued.

Key valuation signals for SHSE:603515:

  • Days Payable: 63.15 (23% below median its 10-year median of 81.88)
  • GF Value™: ¥17.16 vs. price of ¥14.59 (15% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 4.4% below the Furnishings, Fixtures & Appliances median (#198 of 414)

No single metric tells the full story. See the SHSE:603515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Opple Lighting Co Business Description

Address The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.
86GF Score

Get the complete analysis for SHSE:603515

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

¥14.59
Price
¥17.16
GF Value