Lafang China Co (SHSE:603630) Days Payable: 86.54 (As of Mar. 2026) — 16% Above Median

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SHSE:603630 Lafang China Co Ltd SHSE:603630
64 GF Score
Price ¥15.20
GF Value ¥17.32
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lafang China Co Days Payable?

Lafang China Co SHSE:603630 +2.70% 64 Days Payable is 86.54 as of Mar. 2026, which is 16% above its 10-year median of 74.60. GuruFocus rates SHSE:603630 with a GF Score™ of 64/100 and a GF Value™ of ¥17.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,893 Consumer Packaged Goods companies, Lafang China Co ranks better than 80.98% on this metric.

Lafang China Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥101.5 Mil. Lafang China Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥107.0 Mil. Hence, Lafang China Co's Days Payable for the three months ended in Mar. 2026 was 86.54.

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

SHSE:603630' s Days Payable Range Over the Past 10 Years
Min: 63.72   Med: 74.6   Max: 104.92
Current: 91.85

During the past 13 years, Lafang China Co's highest Days Payable was 104.92. The lowest was 63.72. And the median was 74.60.

SHSE:603630's Days Payable is ranked better than
80.98% of 1893 companies
in the Consumer Packaged Goods industry
Industry Median: 43.93 vs SHSE:603630: 91.85

Lafang China Co's Days Payable declined from Mar. 2025 (88.10) to Mar. 2026 (86.54). It may suggest that Lafang China Co accelerated paying its suppliers.


Lafang China Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lafang China 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.

Lafang China Co Days Payable Chart

Lafang China 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 67.09 75.25 73.94 73.85 90.20

Lafang China 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 88.10 91.98 83.10 108.31 86.54

SHSE:603630 vs PG, CL, KVUE: Days Payable Comparison

For the Household & Personal Products subindustry, Lafang China 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.


Lafang China Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lafang China Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lafang China Co's Days Payable falls into.


SHSE:603630
64GF Score
Lafang China Co Ltd SHSE:603630
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lafang China 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.

Lafang China 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
=( (103.137 + 102.666) / 2 ) / 416.397*365
=102.9015 / 416.397*365
=90.20

Lafang China 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
=( (102.666 + 100.304) / 2 ) / 107.004*365 / 4
=101.485 / 107.004*365 / 4
=86.54

* 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 86.54 mean?
Lafang China Co (SHSE:603630) has a Days Payable of 86.54 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 Lafang China Co and its competitors. This is 16% above median its historical median of 74.60. Over the past decade, Lafang China Co's Days Payable has ranged from 63.72 to 104.92. According to the industry distribution chart, Lafang China Co ranks #360 out of 1893 companies in the Consumer Packaged Goods industry, placing it in the top 19%.
Is Lafang China Co's Days Payable too high?
Lafang China Co's current Days Payable of 86.54 is 16% above median its 10-year median of 74.60. Over the past 10 years, this metric has ranged from a low of 63.72 to a high of 104.92. The Consumer Packaged Goods industry median Days Payable is 43.93. Lafang China Co's value of 86.54 is 97% above this industry median. Based on the distribution chart, Lafang China Co ranks #360 out of 1893 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Lafang China Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lafang China Co's Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Lafang China Co ranks #360 out of 1893 companies for Days Payable. This places Lafang China Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.93. Lafang China Co's value of 86.54 is 97% above this benchmark. Historically, Lafang China Co's own Days Payable has ranged from 63.72 to 104.92 over the past decade. While the company's 10-year median is 74.60 vs. the industry median of 43.93, Lafang China 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.93, based on 1,893 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. Lafang China Co's current Days Payable of 86.54 is 97% 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 Lafang China Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lafang China Co's current Days Payable is 86.54, which is 16% above median its own 10-year median of 74.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lafang China Co stock overvalued right now?
Based on GuruFocus' analysis, Lafang China Co (SHSE:603630) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.32, compared to a current price of ¥15.20 — trading 12.2% below its estimated fair value. The current Days Payable is 86.54, which is 16% above median its 10-year median of 74.60 and 97% above the Consumer Packaged Goods industry median of 43.93. Lafang China Co's overall GF Score™ is 64/100 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 Lafang China Co (SHSE:603630), the current Days Payable is 86.54 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 Lafang China Co (SHSE:603630) Overvalued in 2026?

Based on GuruFocus' analysis, Lafang China Co stock appears to be undervalued. The current stock price of ¥15.20 is trading 12.2% below its estimated GF Value™ of ¥17.32. GuruFocus considers Lafang China Co to be Modestly Undervalued.

Key valuation signals for SHSE:603630:

  • Days Payable: 86.54 (16% above median its 10-year median of 74.60)
  • GF Value™: ¥17.32 vs. price of ¥15.20 (12.2% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 97% above the Consumer Packaged Goods median (#360 of 1893)

No single metric tells the full story. See the SHSE:603630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lafang China Co Business Description

Address Longjiang Road, Lafang Building, Wanji Industrial Zone, Guangdong Province, Chaonan District, Shantou, CHN, 515041
Lafang China Co Ltd research and development, production and sales of daily chemical products.
64GF Score

Get the complete analysis for SHSE:603630

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

¥15.20
Price
¥17.32
GF Value