GSP Automotive Group Wenzhou Co (SHSE:605088) Days Payable: 242.99 (As of Mar. 2026) — 68% Above Median

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SHSE:605088 GSP Automotive Group Wenzhou Co Ltd SHSE:605088
80 GF Score
Price ¥19.31
GF Value ¥30.61
Valuation Possible Value Trap
! 4 Warning Signs
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What is GSP Automotive Group Wenzhou Co Days Payable?

GSP Automotive Group Wenzhou Co SHSE:605088 -3.59% 80 Days Payable is 242.99 as of Mar. 2026, which is 68% above its 10-year median of 144.71. GuruFocus rates SHSE:605088 with a GF Score™ of 80/100 and a GF Value™ of ¥30.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, GSP Automotive Group Wenzhou Co ranks better than 91.5% on this metric.

GSP Automotive Group Wenzhou Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,173 Mil. GSP Automotive Group Wenzhou Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥816 Mil. Hence, GSP Automotive Group Wenzhou Co's Days Payable for the three months ended in Mar. 2026 was 242.99.

The historical rank and industry rank for GSP Automotive Group Wenzhou Co's Days Payable or its related term are showing as below:

SHSE:605088' s Days Payable Range Over the Past 10 Years
Min: 96.5   Med: 144.71   Max: 214.3
Current: 194.29

During the past 13 years, GSP Automotive Group Wenzhou Co's highest Days Payable was 214.30. The lowest was 96.50. And the median was 144.71.

SHSE:605088's Days Payable is ranked better than
91.5% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:605088: 194.29

GSP Automotive Group Wenzhou Co's Days Payable increased from Mar. 2025 (226.43) to Mar. 2026 (242.99). It may suggest that GSP Automotive Group Wenzhou Co delayed paying its suppliers.


GSP Automotive Group Wenzhou Co Days Payable Related Terms


GSP Automotive Group Wenzhou Co Days Payable Historical Data

* Premium members only.

The historical data trend for GSP Automotive Group Wenzhou 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.

GSP Automotive Group Wenzhou Co Days Payable Chart

GSP Automotive Group Wenzhou 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 141.94 147.47 160.54 172.71 214.30

GSP Automotive Group Wenzhou 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 226.43 169.52 187.18 180.43 242.99

SHSE:605088 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, GSP Automotive Group Wenzhou 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.


GSP Automotive Group Wenzhou Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GSP Automotive Group Wenzhou Co's Days Payable distribution charts can be found below:

* The bar in red indicates where GSP Automotive Group Wenzhou Co's Days Payable falls into.


SHSE:605088
80GF Score
GSP Automotive Group Wenzhou Co Ltd SHSE:605088
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GSP Automotive Group Wenzhou 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.

GSP Automotive Group Wenzhou 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
=( (1754.744 + 2170.394) / 2 ) / 3342.685*365
=1962.569 / 3342.685*365
=214.30

GSP Automotive Group Wenzhou 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
=( (2170.394 + 2176.209) / 2 ) / 816.138*365 / 4
=2173.3015 / 816.138*365 / 4
=242.99

* 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 242.99 mean?
GSP Automotive Group Wenzhou Co (SHSE:605088) has a Days Payable of 242.99 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 GSP Automotive Group Wenzhou Co and its competitors. This is 68% above median its historical median of 144.71. Over the past decade, GSP Automotive Group Wenzhou Co's Days Payable has ranged from 96.50 to 214.30. According to the industry distribution chart, GSP Automotive Group Wenzhou Co ranks #111 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 8.5%.
Is GSP Automotive Group Wenzhou Co's Days Payable too high?
GSP Automotive Group Wenzhou Co's current Days Payable of 242.99 is 68% above median its 10-year median of 144.71. Over the past 10 years, this metric has ranged from a low of 96.50 to a high of 214.30. The Vehicles & Parts industry median Days Payable is 67.26. GSP Automotive Group Wenzhou Co's value of 242.99 is 261.3% above this industry median. Based on the distribution chart, GSP Automotive Group Wenzhou Co ranks #111 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, GSP Automotive Group Wenzhou Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GSP Automotive Group Wenzhou Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, GSP Automotive Group Wenzhou Co ranks #111 out of 1306 companies for Days Payable. This places GSP Automotive Group Wenzhou Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. GSP Automotive Group Wenzhou Co's value of 242.99 is 261.3% above this benchmark. Historically, GSP Automotive Group Wenzhou Co's own Days Payable has ranged from 96.50 to 214.30 over the past decade. While the company's 10-year median is 144.71 vs. the industry median of 67.26, GSP Automotive Group Wenzhou 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. GSP Automotive Group Wenzhou Co's current Days Payable of 242.99 is 261.3% 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 GSP Automotive Group Wenzhou 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. GSP Automotive Group Wenzhou Co's current Days Payable is 242.99, which is 68% above median its own 10-year median of 144.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSP Automotive Group Wenzhou Co stock overvalued right now?
Based on GuruFocus' analysis, GSP Automotive Group Wenzhou Co (SHSE:605088) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.61, compared to a current price of ¥19.31 — trading 36.9% below its estimated fair value. The current Days Payable is 242.99, which is 68% above median its 10-year median of 144.71 and 261.3% above the Vehicles & Parts industry median of 67.26. GSP Automotive Group Wenzhou Co's overall GF Score™ is 80/100 with 4 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 GSP Automotive Group Wenzhou Co (SHSE:605088), the current Days Payable is 242.99 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 GSP Automotive Group Wenzhou Co (SHSE:605088) Overvalued in 2026?

Based on GuruFocus' analysis, GSP Automotive Group Wenzhou Co stock appears to be undervalued. The current stock price of ¥19.31 is trading 36.9% below its estimated GF Value™ of ¥30.61. GuruFocus considers GSP Automotive Group Wenzhou Co to be Possible Value Trap.

Key valuation signals for SHSE:605088:

  • Days Payable: 242.99 (68% above median its 10-year median of 144.71)
  • GF Value™: ¥30.61 vs. price of ¥19.31 (36.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 261.3% above the Vehicles & Parts median (#111 of 1306)

No single metric tells the full story. See the SHSE:605088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GSP Automotive Group Wenzhou Co Business Description

Address No. 1, Gaoxiang Road, Ouhai High-tech Industrial Park, Zhejiang Province, Wenzhou, CHN, 325006
GSP Automotive Group Wenzhou Co Ltd is engaged in the research, development, production and sales of automotive transmission system components. The company produces drive shafts, constant velocity joint kits, hub assemblies wheel bearings and rubber-to-metal components. Its product categories include Drive Shaft; CV Joint; Boot Kits; Hub Assembly; Wheel Bearing; Rubber Mounting; and Steering and Suspension.
80GF Score

Get the complete analysis for SHSE:605088

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

¥19.31
Price
¥30.61
GF Value