Jiangsu lettall Electronic Co (SHSE:603629) Days Payable: 138.99 (As of Mar. 2026) — 14% Below Median

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SHSE:603629 Jiangsu lettall Electronic Co Ltd SHSE:603629
63 GF Score
Price ¥102.41
GF Value ¥26.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Jiangsu lettall Electronic Co Days Payable?

Jiangsu lettall Electronic Co SHSE:603629 +10.00% 63 Days Payable is 138.99 as of Mar. 2026, which is 14% below its 10-year median of 161.79. GuruFocus rates SHSE:603629 with a GF Score™ of 63/100 and a GF Value™ of ¥26.24 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,439 Hardware companies, Jiangsu lettall Electronic Co ranks better than 73.23% on this metric.

Jiangsu lettall Electronic Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥817 Mil. Jiangsu lettall Electronic Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥536 Mil. Hence, Jiangsu lettall Electronic Co's Days Payable for the three months ended in Mar. 2026 was 138.99.

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

SHSE:603629' s Days Payable Range Over the Past 10 Years
Min: 110.18   Med: 161.79   Max: 185.12
Current: 111.59

During the past 12 years, Jiangsu lettall Electronic Co's highest Days Payable was 185.12. The lowest was 110.18. And the median was 161.79.

SHSE:603629's Days Payable is ranked better than
73.23% of 2439 companies
in the Hardware industry
Industry Median: 69.94 vs SHSE:603629: 111.59

Jiangsu lettall Electronic Co's Days Payable increased from Mar. 2025 (103.88) to Mar. 2026 (138.99). It may suggest that Jiangsu lettall Electronic Co delayed paying its suppliers.


Jiangsu lettall Electronic Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu lettall Electronic 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.

Jiangsu lettall Electronic Co Days Payable Chart

Jiangsu lettall Electronic 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 181.97 166.47 150.88 112.03 110.18

Jiangsu lettall Electronic 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 103.88 96.53 90.64 133.20 138.99

SHSE:603629 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Jiangsu lettall Electronic 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.


Jiangsu lettall Electronic Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Jiangsu lettall Electronic Co's Days Payable falls into.


SHSE:603629
63GF Score
Jiangsu lettall Electronic Co Ltd SHSE:603629
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu lettall Electronic 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.

Jiangsu lettall Electronic 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
=( (589.964 + 911.744) / 2 ) / 2487.287*365
=750.854 / 2487.287*365
=110.18

Jiangsu lettall Electronic 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
=( (911.744 + 722.052) / 2 ) / 536.324*365 / 4
=816.898 / 536.324*365 / 4
=138.99

* 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 138.99 mean?
Jiangsu lettall Electronic Co (SHSE:603629) has a Days Payable of 138.99 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 Jiangsu lettall Electronic Co and its competitors. This is 14% below median its historical median of 161.79. Over the past decade, Jiangsu lettall Electronic Co's Days Payable has ranged from 110.18 to 185.12. According to the industry distribution chart, Jiangsu lettall Electronic Co ranks #653 out of 2439 companies in the Hardware industry, placing it in the top 26.8%.
Is Jiangsu lettall Electronic Co's Days Payable too high?
Jiangsu lettall Electronic Co's current Days Payable of 138.99 is 14% below median its 10-year median of 161.79. Over the past 10 years, this metric has ranged from a low of 110.18 to a high of 185.12. The Hardware industry median Days Payable is 69.94. Jiangsu lettall Electronic Co's value of 138.99 is 98.7% above this industry median. Based on the distribution chart, Jiangsu lettall Electronic Co ranks #653 out of 2439 companies in the Hardware industry, which is above the industry midpoint. Overall, Jiangsu lettall Electronic Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu lettall Electronic Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Jiangsu lettall Electronic Co ranks #653 out of 2439 companies for Days Payable. This puts Jiangsu lettall Electronic Co in the upper half of its industry. The industry median Days Payable is 69.94. Jiangsu lettall Electronic Co's value of 138.99 is 98.7% above this benchmark. Historically, Jiangsu lettall Electronic Co's own Days Payable has ranged from 110.18 to 185.12 over the past decade. While the company's 10-year median is 161.79 vs. the industry median of 69.94, Jiangsu lettall Electronic 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 69.94, based on 2,439 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. Jiangsu lettall Electronic Co's current Days Payable of 138.99 is 98.7% 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 Jiangsu lettall Electronic Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu lettall Electronic Co's current Days Payable is 138.99, which is 14% below median its own 10-year median of 161.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu lettall Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu lettall Electronic Co (SHSE:603629) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.24, compared to a current price of ¥102.41 — trading 290.3% above its estimated fair value. The current Days Payable is 138.99, which is 14% below median its 10-year median of 161.79 and 98.7% above the Hardware industry median of 69.94. Jiangsu lettall Electronic Co's overall GF Score™ is 63/100 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 Jiangsu lettall Electronic Co (SHSE:603629), the current Days Payable is 138.99 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 Jiangsu lettall Electronic Co (SHSE:603629) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu lettall Electronic Co stock appears to be overvalued. The current stock price of ¥102.41 is trading 290.3% above its estimated GF Value™ of ¥26.24. GuruFocus considers Jiangsu lettall Electronic Co to be Significantly Overvalued.

Key valuation signals for SHSE:603629:

  • Days Payable: 138.99 (14% below median its 10-year median of 161.79)
  • GF Value™: ¥26.24 vs. price of ¥102.41 (290.3% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 98.7% above the Hardware median (#653 of 2439)

No single metric tells the full story. See the SHSE:603629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu lettall Electronic Co Business Description

Address Xu Li Yixing path on the 8th, Industrial Zone homes, Jiangsu Province, Yixing, CHN, 214241
Jiangsu lettall Electronic Co Ltd is a manufacturer of eletcronic household and appliances. The ocmpany's products include color TV, LCD TV and air conditioning and other household electrical appliances supporting electronic components, LCD module metal structure and switching power supply and other products.
63GF Score

Get the complete analysis for SHSE:603629

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

¥102.41
Price
¥26.24
GF Value