Jiangsu Xinri E-Vehicle Co (SHSE:603787) Days Payable: 143.00 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603787 Jiangsu Xinri E-Vehicle Co Ltd SHSE:603787
58 GF Score
Price ¥9.48
GF Value ¥11.84
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Jiangsu Xinri E-Vehicle Co Days Payable?

Jiangsu Xinri E-Vehicle Co SHSE:603787 -2.77% 58 Days Payable is 143.00 as of Mar. 2026, which is 8% above its 10-year median of 132.11. GuruFocus rates SHSE:603787 with a GF Score™ of 58/100 and a GF Value™ of ¥11.84 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Jiangsu Xinri E-Vehicle Co ranks better than 86.98% on this metric.

Jiangsu Xinri E-Vehicle Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,276 Mil. Jiangsu Xinri E-Vehicle Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥814 Mil. Hence, Jiangsu Xinri E-Vehicle Co's Days Payable for the three months ended in Mar. 2026 was 143.00.

The historical rank and industry rank for Jiangsu Xinri E-Vehicle Co's Days Payable or its related term are showing as below:

SHSE:603787' s Days Payable Range Over the Past 10 Years
Min: 73.86   Med: 132.11   Max: 173.03
Current: 166.94

During the past 13 years, Jiangsu Xinri E-Vehicle Co's highest Days Payable was 173.03. The lowest was 73.86. And the median was 132.11.

SHSE:603787's Days Payable is ranked better than
86.98% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:603787: 166.94

Jiangsu Xinri E-Vehicle Co's Days Payable increased from Mar. 2025 (140.94) to Mar. 2026 (143.00). It may suggest that Jiangsu Xinri E-Vehicle Co delayed paying its suppliers.


Jiangsu Xinri E-Vehicle Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Xinri E-Vehicle 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 Xinri E-Vehicle Co Days Payable Chart

Jiangsu Xinri E-Vehicle 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 157.65 133.61 170.81 173.03 133.13

Jiangsu Xinri E-Vehicle 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 140.94 157.72 143.80 318.61 143.00

SHSE:603787 vs BC, PII, THO: Days Payable Comparison

For the Recreational Vehicles subindustry, Jiangsu Xinri E-Vehicle 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 Xinri E-Vehicle Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Xinri E-Vehicle Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Xinri E-Vehicle Co's Days Payable falls into.


SHSE:603787
58GF Score
Jiangsu Xinri E-Vehicle Co Ltd SHSE:603787
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Xinri E-Vehicle 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 Xinri E-Vehicle 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
=( (1201.586 + 1367.923) / 2 ) / 3522.45*365
=1284.7545 / 3522.45*365
=133.13

Jiangsu Xinri E-Vehicle 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
=( (1367.923 + 1183.368) / 2 ) / 813.981*365 / 4
=1275.6455 / 813.981*365 / 4
=143.00

* 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 143.00 mean?
Jiangsu Xinri E-Vehicle Co (SHSE:603787) has a Days Payable of 143.00 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 Xinri E-Vehicle Co and its competitors. This is near median its historical median of 132.11. Over the past decade, Jiangsu Xinri E-Vehicle Co's Days Payable has ranged from 73.86 to 173.03. According to the industry distribution chart, Jiangsu Xinri E-Vehicle Co ranks #170 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 13%.
Is Jiangsu Xinri E-Vehicle Co's Days Payable too high?
Jiangsu Xinri E-Vehicle Co's current Days Payable of 143.00 is near median its 10-year median of 132.11. Over the past 10 years, this metric has ranged from a low of 73.86 to a high of 173.03. The Vehicles & Parts industry median Days Payable is 67.26. Jiangsu Xinri E-Vehicle Co's value of 143.00 is 112.6% above this industry median. Based on the distribution chart, Jiangsu Xinri E-Vehicle Co ranks #170 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Xinri E-Vehicle Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Xinri E-Vehicle Co's Days Payable compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Jiangsu Xinri E-Vehicle Co ranks #170 out of 1306 companies for Days Payable. This places Jiangsu Xinri E-Vehicle Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Jiangsu Xinri E-Vehicle Co's value of 143.00 is 112.6% above this benchmark. Historically, Jiangsu Xinri E-Vehicle Co's own Days Payable has ranged from 73.86 to 173.03 over the past decade. While the company's 10-year median is 132.11 vs. the industry median of 67.26, Jiangsu Xinri E-Vehicle 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 67.26, 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. Jiangsu Xinri E-Vehicle Co's current Days Payable of 143.00 is 112.6% 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 Xinri E-Vehicle Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Xinri E-Vehicle Co's current Days Payable is 143.00, which is near median its own 10-year median of 132.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Xinri E-Vehicle Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Xinri E-Vehicle Co (SHSE:603787) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.84, compared to a current price of ¥9.48 — trading 19.9% below its estimated fair value. The current Days Payable is 143.00, which is near median its 10-year median of 132.11 and 112.6% above the Vehicles & Parts industry median of 67.26. Jiangsu Xinri E-Vehicle Co's overall GF Score™ is 58/100 with 5 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 Xinri E-Vehicle Co (SHSE:603787), the current Days Payable is 143.00 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 Xinri E-Vehicle Co (SHSE:603787) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Xinri E-Vehicle Co stock appears to be undervalued. The current stock price of ¥9.48 is trading 19.9% below its estimated GF Value™ of ¥11.84. GuruFocus considers Jiangsu Xinri E-Vehicle Co to be Modestly Undervalued.

Key valuation signals for SHSE:603787:

  • Days Payable: 143.00 (near median its 10-year median of 132.11)
  • GF Value™: ¥11.84 vs. price of ¥9.48 (19.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 112.6% above the Vehicles & Parts median (#170 of 1306)

No single metric tells the full story. See the SHSE:603787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Xinri E-Vehicle Co Business Description

Address No. 501, Xishan Avenue, Xishan District, Jiangsu Province, Wuxi, CHN, 214105
Jiangsu Xinri E-Vehicle Co Ltd mainly is engaged in the research, development, production, and sales of green transportation in China. Its main products include other non-motor vehicles, electric bicycles, electric sightseeing cars, electric tricycles and so on.
58GF Score

Get the complete analysis for SHSE:603787

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

¥9.48
Price
¥11.84
GF Value