Suzhou Jin Hong Shun Auto Parts Co (SHSE:603922) Days Payable: 142.04 (As of Mar. 2026) — 19% Above Median

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SHSE:603922 Suzhou Jin Hong Shun Auto Parts Co Ltd SHSE:603922
53 GF Score
Price ¥10.09
GF Value ¥21.31
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Suzhou Jin Hong Shun Auto Parts Co Days Payable?

Suzhou Jin Hong Shun Auto Parts Co SHSE:603922 +1.10% 53 Days Payable is 142.04 as of Mar. 2026, which is 19% above its 10-year median of 119.62. GuruFocus rates SHSE:603922 with a GF Score™ of 53/100 and a GF Value™ of ¥21.31 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Suzhou Jin Hong Shun Auto Parts Co ranks better than 80.05% on this metric.

Suzhou Jin Hong Shun Auto Parts Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥163.0 Mil. Suzhou Jin Hong Shun Auto Parts Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥104.7 Mil. Hence, Suzhou Jin Hong Shun Auto Parts Co's Days Payable for the three months ended in Mar. 2026 was 142.04.

The historical rank and industry rank for Suzhou Jin Hong Shun Auto Parts Co's Days Payable or its related term are showing as below:

SHSE:603922' s Days Payable Range Over the Past 10 Years
Min: 72.37   Med: 119.62   Max: 285.6
Current: 136.16

During the past 13 years, Suzhou Jin Hong Shun Auto Parts Co's highest Days Payable was 285.60. The lowest was 72.37. And the median was 119.62.

SHSE:603922's Days Payable is ranked better than
80.05% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.085 vs SHSE:603922: 136.16

Suzhou Jin Hong Shun Auto Parts Co's Days Payable declined from Mar. 2025 (256.55) to Mar. 2026 (142.04). It may suggest that Suzhou Jin Hong Shun Auto Parts Co accelerated paying its suppliers.


Suzhou Jin Hong Shun Auto Parts Co Days Payable Related Terms


Suzhou Jin Hong Shun Auto Parts Co Days Payable Historical Data

* Premium members only.

The historical data trend for Suzhou Jin Hong Shun Auto Parts 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.

Suzhou Jin Hong Shun Auto Parts Co Days Payable Chart

Suzhou Jin Hong Shun Auto Parts 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 120.27 142.91 285.60 180.28 167.36

Suzhou Jin Hong Shun Auto Parts 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 256.55 171.40 104.88 121.73 142.04

SHSE:603922 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Suzhou Jin Hong Shun Auto Parts 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.


Suzhou Jin Hong Shun Auto Parts Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Suzhou Jin Hong Shun Auto Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Jin Hong Shun Auto Parts Co's Days Payable falls into.


SHSE:603922
53GF Score
Suzhou Jin Hong Shun Auto Parts Co Ltd SHSE:603922
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Jin Hong Shun Auto Parts 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.

Suzhou Jin Hong Shun Auto Parts 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
=( (319.9 + 171.668) / 2 ) / 536.032*365
=245.784 / 536.032*365
=167.36

Suzhou Jin Hong Shun Auto Parts 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
=( (171.668 + 154.269) / 2 ) / 104.695*365 / 4
=162.9685 / 104.695*365 / 4
=142.04

* 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 142.04 mean?
Suzhou Jin Hong Shun Auto Parts Co (SHSE:603922) has a Days Payable of 142.04 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 Suzhou Jin Hong Shun Auto Parts Co and its competitors. This is 19% above median its historical median of 119.62. Over the past decade, Suzhou Jin Hong Shun Auto Parts Co's Days Payable has ranged from 72.37 to 285.60. According to the industry distribution chart, Suzhou Jin Hong Shun Auto Parts Co ranks #261 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 20%.
Is Suzhou Jin Hong Shun Auto Parts Co's Days Payable too high?
Suzhou Jin Hong Shun Auto Parts Co's current Days Payable of 142.04 is 19% above median its 10-year median of 119.62. Over the past 10 years, this metric has ranged from a low of 72.37 to a high of 285.60. The Vehicles & Parts industry median Days Payable is 67.09. Suzhou Jin Hong Shun Auto Parts Co's value of 142.04 is 111.7% above this industry median. Based on the distribution chart, Suzhou Jin Hong Shun Auto Parts Co ranks #261 out of 1308 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Jin Hong Shun Auto Parts Co has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Jin Hong Shun Auto Parts Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Suzhou Jin Hong Shun Auto Parts Co ranks #261 out of 1308 companies for Days Payable. This places Suzhou Jin Hong Shun Auto Parts Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.09. Suzhou Jin Hong Shun Auto Parts Co's value of 142.04 is 111.7% above this benchmark. Historically, Suzhou Jin Hong Shun Auto Parts Co's own Days Payable has ranged from 72.37 to 285.60 over the past decade. While the company's 10-year median is 119.62 vs. the industry median of 67.09, Suzhou Jin Hong Shun Auto Parts 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 67.09, based on 1,308 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. Suzhou Jin Hong Shun Auto Parts Co's current Days Payable of 142.04 is 111.7% 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 Suzhou Jin Hong Shun Auto Parts Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Jin Hong Shun Auto Parts Co's current Days Payable is 142.04, which is 19% above median its own 10-year median of 119.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Jin Hong Shun Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Jin Hong Shun Auto Parts Co (SHSE:603922) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.31, compared to a current price of ¥10.09 — trading 52.7% below its estimated fair value. The current Days Payable is 142.04, which is 19% above median its 10-year median of 119.62 and 111.7% above the Vehicles & Parts industry median of 67.09. Suzhou Jin Hong Shun Auto Parts Co's overall GF Score™ is 53/100 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 Suzhou Jin Hong Shun Auto Parts Co (SHSE:603922), the current Days Payable is 142.04 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 Suzhou Jin Hong Shun Auto Parts Co (SHSE:603922) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Jin Hong Shun Auto Parts Co stock appears to be undervalued. The current stock price of ¥10.09 is trading 52.7% below its estimated GF Value™ of ¥21.31. GuruFocus considers Suzhou Jin Hong Shun Auto Parts Co to be Significantly Undervalued.

Key valuation signals for SHSE:603922:

  • Days Payable: 142.04 (19% above median its 10-year median of 119.62)
  • GF Value™: ¥21.31 vs. price of ¥10.09 (52.7% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 111.7% above the Vehicles & Parts median (#261 of 1308)

No single metric tells the full story. See the SHSE:603922 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Jin Hong Shun Auto Parts Co Business Description

Address No. 30, Changxing Road, Economic Development Zone, Jiangsu Province, Zhangjiagang, CHN, 215600
Suzhou Jin Hong Shun Auto Parts Co Ltd is operating in the auto part industry. The company's core operations comprise auto parts stamping, welding, and coating processing. The company offers structural parts and body stamping parts, as well as chassis parts, pipe fittings, and assembly parts. It is also involved in the design, manufacture, and processing of parts, primarily applied car parts.
53GF Score

Get the complete analysis for SHSE:603922

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

¥10.09
Price
¥21.31
GF Value