Jiangsu Lopal Tech Group Co (SHSE:603906) Days Payable: 87.83 (As of Mar. 2026) — 74% Above Median

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SHSE:603906 Jiangsu Lopal Tech Group Co Ltd SHSE:603906
65 GF Score
Price ¥18.35
GF Value ¥11.36
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Jiangsu Lopal Tech Group Co Days Payable?

Jiangsu Lopal Tech Group Co SHSE:603906 -2.55% 65 Days Payable is 87.83 as of Mar. 2026, which is 74% above its 10-year median of 50.41. GuruFocus rates SHSE:603906 with a GF Score™ of 65/100 and a GF Value™ of ¥11.36 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 850 Oil & Gas companies, Jiangsu Lopal Tech Group Co ranks better than 61.76% on this metric.

Jiangsu Lopal Tech Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,700 Mil. Jiangsu Lopal Tech Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,805 Mil. Hence, Jiangsu Lopal Tech Group Co's Days Payable for the three months ended in Mar. 2026 was 87.83.

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

SHSE:603906' s Days Payable Range Over the Past 10 Years
Min: 34.13   Med: 50.41   Max: 121.78
Current: 84.1

During the past 13 years, Jiangsu Lopal Tech Group Co's highest Days Payable was 121.78. The lowest was 34.13. And the median was 50.41.

SHSE:603906's Days Payable is ranked better than
61.76% of 850 companies
in the Oil & Gas industry
Industry Median: 57.445 vs SHSE:603906: 84.10

Jiangsu Lopal Tech Group Co's Days Payable declined from Mar. 2025 (112.03) to Mar. 2026 (87.83). It may suggest that Jiangsu Lopal Tech Group Co accelerated paying its suppliers.


Jiangsu Lopal Tech Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Lopal Tech Group 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 Lopal Tech Group Co Days Payable Chart

Jiangsu Lopal Tech Group 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 63.10 45.76 101.75 121.78 104.13

Jiangsu Lopal Tech Group 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 112.03 78.47 89.27 78.97 87.83

SHSE:603906 vs MPC, VLO, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Jiangsu Lopal Tech Group 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 Lopal Tech Group Co Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jiangsu Lopal Tech Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Lopal Tech Group Co's Days Payable falls into.


SHSE:603906
65GF Score
Jiangsu Lopal Tech Group Co Ltd SHSE:603906
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Lopal Tech Group 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 Lopal Tech Group 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
=( (1855.596 + 2516.326) / 2 ) / 7662.274*365
=2185.961 / 7662.274*365
=104.13

Jiangsu Lopal Tech Group 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
=( (2516.326 + 2883.803) / 2 ) / 2805.229*365 / 4
=2700.0645 / 2805.229*365 / 4
=87.83

* 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 87.83 mean?
Jiangsu Lopal Tech Group Co (SHSE:603906) has a Days Payable of 87.83 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 Jiangsu Lopal Tech Group Co and its competitors. This is 74% above median its historical median of 50.41. Over the past decade, Jiangsu Lopal Tech Group Co's Days Payable has ranged from 34.13 to 121.78. According to the industry distribution chart, Jiangsu Lopal Tech Group Co ranks #325 out of 850 companies in the Oil & Gas industry, placing it in the top 38.2%.
Is Jiangsu Lopal Tech Group Co's Days Payable too high?
Jiangsu Lopal Tech Group Co's current Days Payable of 87.83 is 74% above median its 10-year median of 50.41. Over the past 10 years, this metric has ranged from a low of 34.13 to a high of 121.78. The Oil & Gas industry median Days Payable is 57.45. Jiangsu Lopal Tech Group Co's value of 87.83 is 52.9% above this industry median. Based on the distribution chart, Jiangsu Lopal Tech Group Co ranks #325 out of 850 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Jiangsu Lopal Tech Group Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Lopal Tech Group Co's Days Payable compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Jiangsu Lopal Tech Group Co ranks #325 out of 850 companies for Days Payable. This puts Jiangsu Lopal Tech Group Co in the upper half of its industry. The industry median Days Payable is 57.45. Jiangsu Lopal Tech Group Co's value of 87.83 is 52.9% above this benchmark. Historically, Jiangsu Lopal Tech Group Co's own Days Payable has ranged from 34.13 to 121.78 over the past decade. While the company's 10-year median is 50.41 vs. the industry median of 57.45, Jiangsu Lopal Tech Group 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.45, based on 850 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 Lopal Tech Group Co's current Days Payable of 87.83 is 52.9% 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 Lopal Tech Group Co and its competitors. For the Oil & Gas industry, the median Days Payable is 57.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Lopal Tech Group Co's current Days Payable is 87.83, which is 74% above median its own 10-year median of 50.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Lopal Tech Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co (SHSE:603906) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.36, compared to a current price of ¥18.35 — trading 61.5% above its estimated fair value. The current Days Payable is 87.83, which is 74% above median its 10-year median of 50.41 and 52.9% above the Oil & Gas industry median of 57.45. Jiangsu Lopal Tech Group Co's overall GF Score™ is 65/100 with 10 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 Lopal Tech Group Co (SHSE:603906), the current Days Payable is 87.83 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 Jiangsu Lopal Tech Group Co (SHSE:603906) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co stock appears to be overvalued. The current stock price of ¥18.35 is trading 61.5% above its estimated GF Value™ of ¥11.36. GuruFocus considers Jiangsu Lopal Tech Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603906:

  • Days Payable: 87.83 (74% above median its 10-year median of 50.41)
  • GF Value™: ¥11.36 vs. price of ¥18.35 (61.5% above fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 52.9% above the Oil & Gas median (#325 of 850)

No single metric tells the full story. See the SHSE:603906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Lopal Tech Group Co Business Description

Industry EnergyOil & Gas
Other Exchanges 02465:Hong Kong
Address No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038
Jiangsu Lopal Tech Group Co Ltd and its subsidiaries are principally engaged in the production and sale of lithium iron phosphate (LFP) cathode materials and automotive specialty chemicals. Its product offerings mainly include lithium cathode materials used in new energy vehicles and energy storage products; and automotive and industrial lubricants, diesel engine exhaust treatment fluids, coolants, and a variety of automotive maintenance products, marketed under Lopal, Kelas, and Teec brands. The Group's operating segments are: Sale of LFP cathode materials, which generate maximum revenue, Processing of lithium carbonate and raw materials, Sale of automotive specialty chemicals, and Other businesses.
65GF Score

Get the complete analysis for SHSE:603906

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

¥18.35
Price
¥11.36
GF Value