Sichuan Huati Lighting Technology Co (SHSE:603679) Days Payable: 242.83 (As of Mar. 2026) — Near Median

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SHSE:603679 Sichuan Huati Lighting Technology Co Ltd SHSE:603679
63 GF Score
Price ¥16.00
GF Value ¥15.40
Valuation Fairly Valued
! 3 Warning Signs
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What is Sichuan Huati Lighting Technology Co Days Payable?

Sichuan Huati Lighting Technology Co SHSE:603679 -10.01% 63 Days Payable is 242.83 as of Mar. 2026, which is 4% above its 10-year median of 234.02. GuruFocus rates SHSE:603679 with a GF Score™ of 63/100 and a GF Value™ of ¥15.40 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Sichuan Huati Lighting Technology Co ranks better than 89.94% on this metric.

Sichuan Huati Lighting Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥301.3 Mil. Sichuan Huati Lighting Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥113.2 Mil. Hence, Sichuan Huati Lighting Technology Co's Days Payable for the three months ended in Mar. 2026 was 242.83.

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

SHSE:603679' s Days Payable Range Over the Past 10 Years
Min: 115.93   Med: 234.02   Max: 395.2
Current: 234.97

During the past 13 years, Sichuan Huati Lighting Technology Co's highest Days Payable was 395.20. The lowest was 115.93. And the median was 234.02.

SHSE:603679's Days Payable is ranked better than
89.94% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs SHSE:603679: 234.97

Sichuan Huati Lighting Technology Co's Days Payable declined from Mar. 2025 (392.56) to Mar. 2026 (242.83). It may suggest that Sichuan Huati Lighting Technology Co accelerated paying its suppliers.


Sichuan Huati Lighting Technology Co Days Payable Related Terms


Sichuan Huati Lighting Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sichuan Huati Lighting Technology 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.

Sichuan Huati Lighting Technology Co Days Payable Chart

Sichuan Huati Lighting Technology 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 280.71 303.22 245.80 395.20 266.28

Sichuan Huati Lighting Technology 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 392.56 299.78 164.92 300.38 242.83

SHSE:603679 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Sichuan Huati Lighting Technology 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.


Sichuan Huati Lighting Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Huati Lighting Technology Co's Days Payable distribution charts can be found below:

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


SHSE:603679
63GF Score
Sichuan Huati Lighting Technology Co Ltd SHSE:603679
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Huati Lighting Technology 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.

Sichuan Huati Lighting Technology 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
=( (301.247 + 311.39) / 2 ) / 419.89*365
=306.3185 / 419.89*365
=266.28

Sichuan Huati Lighting Technology 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
=( (311.39 + 291.147) / 2 ) / 113.211*365 / 4
=301.2685 / 113.211*365 / 4
=242.83

* 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 242.83 mean?
Sichuan Huati Lighting Technology Co (SHSE:603679) has a Days Payable of 242.83 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 Sichuan Huati Lighting Technology Co and its competitors. This is near median its historical median of 234.02. Over the past decade, Sichuan Huati Lighting Technology Co's Days Payable has ranged from 115.93 to 395.20. According to the industry distribution chart, Sichuan Huati Lighting Technology Co ranks #301 out of 2991 companies in the Industrial Products industry, placing it in the top 10.1%.
Is Sichuan Huati Lighting Technology Co's Days Payable too high?
Sichuan Huati Lighting Technology Co's current Days Payable of 242.83 is near median its 10-year median of 234.02. Over the past 10 years, this metric has ranged from a low of 115.93 to a high of 395.20. The Industrial Products industry median Days Payable is 77.97. Sichuan Huati Lighting Technology Co's value of 242.83 is 211.4% above this industry median. Based on the distribution chart, Sichuan Huati Lighting Technology Co ranks #301 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Huati Lighting Technology Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Huati Lighting Technology Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sichuan Huati Lighting Technology Co ranks #301 out of 2991 companies for Days Payable. This places Sichuan Huati Lighting Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.97. Sichuan Huati Lighting Technology Co's value of 242.83 is 211.4% above this benchmark. Historically, Sichuan Huati Lighting Technology Co's own Days Payable has ranged from 115.93 to 395.20 over the past decade. While the company's 10-year median is 234.02 vs. the industry median of 77.97, Sichuan Huati Lighting Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Sichuan Huati Lighting Technology Co's current Days Payable of 242.83 is 211.4% 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 Sichuan Huati Lighting Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Huati Lighting Technology Co's current Days Payable is 242.83, which is near median its own 10-year median of 234.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Huati Lighting Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Huati Lighting Technology Co (SHSE:603679) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.40, compared to a current price of ¥16.00 — trading 3.9% above its estimated fair value. The current Days Payable is 242.83, which is near median its 10-year median of 234.02 and 211.4% above the Industrial Products industry median of 77.97. Sichuan Huati Lighting Technology Co's overall GF Score™ is 63/100 with 3 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 Sichuan Huati Lighting Technology Co (SHSE:603679), the current Days Payable is 242.83 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 Sichuan Huati Lighting Technology Co (SHSE:603679) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Huati Lighting Technology Co stock appears to be overvalued. The current stock price of ¥16.00 is trading 3.9% above its estimated GF Value™ of ¥15.40. GuruFocus considers Sichuan Huati Lighting Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603679:

  • Days Payable: 242.83 (near median its 10-year median of 234.02)
  • GF Value™: ¥15.40 vs. price of ¥16.00 (3.9% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 211.4% above the Industrial Products median (#301 of 2991)

No single metric tells the full story. See the SHSE:603679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Huati Lighting Technology Co Business Description

Address No. 580, Block 3, Shuanghua Road, Southwest Airport Economic Development Zone, Chengdu, CHN, 610207
Sichuan Huati Lighting Technology Co Ltd is an integrated urban lighting service provider, focusing on program planning and design, product development and manufacturing, and industrial lighting. Its products include multi-function poles, demo product, flood projection lights, light-emitting diode (LED) parking light fixture, LED street light fixtures, shoebox light fixture, smart bus station, smart street lighting, the 3rd generation lighting module, and tunnel lights.
63GF Score

Get the complete analysis for SHSE:603679

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

¥16.00
Price
¥15.40
GF Value