Xiamen Leading Optics Co (SHSE:605118) Days Payable: 94.69 (As of Mar. 2026) — Near Median

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SHSE:605118 Xiamen Leading Optics Co Ltd SHSE:605118
89 GF Score
Price ¥27.66
GF Value ¥28.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Xiamen Leading Optics Co Days Payable?

Xiamen Leading Optics Co SHSE:605118 -8.32% 89 Days Payable is 94.69 as of Mar. 2026, which is 9% below its 10-year median of 104.25. GuruFocus rates SHSE:605118 with a GF Score™ of 89/100 and a GF Value™ of ¥28.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,443 Hardware companies, Xiamen Leading Optics Co ranks better than 63% on this metric.

Xiamen Leading Optics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥126.4 Mil. Xiamen Leading Optics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥121.8 Mil. Hence, Xiamen Leading Optics Co's Days Payable for the three months ended in Mar. 2026 was 94.69.

The historical rank and industry rank for Xiamen Leading Optics Co's Days Payable or its related term are showing as below:

SHSE:605118' s Days Payable Range Over the Past 10 Years
Min: 89.9   Med: 104.25   Max: 123.82
Current: 89.9

During the past 10 years, Xiamen Leading Optics Co's highest Days Payable was 123.82. The lowest was 89.90. And the median was 104.25.

SHSE:605118's Days Payable is ranked better than
63% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:605118: 89.90

Xiamen Leading Optics Co's Days Payable declined from Mar. 2025 (104.43) to Mar. 2026 (94.69). It may suggest that Xiamen Leading Optics Co accelerated paying its suppliers.


Xiamen Leading Optics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xiamen Leading Optics 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.

Xiamen Leading Optics Co Days Payable Chart

Xiamen Leading Optics 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 123.51 111.88 91.18 100.78 96.08

Xiamen Leading Optics 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 104.43 89.67 84.26 91.43 94.69

SHSE:605118 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Xiamen Leading Optics 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.


Xiamen Leading Optics Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Xiamen Leading Optics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xiamen Leading Optics Co's Days Payable falls into.


SHSE:605118
89GF Score
Xiamen Leading Optics Co Ltd SHSE:605118
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen Leading Optics 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.

Xiamen Leading Optics 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
=( (102.394 + 121.043) / 2 ) / 424.42*365
=111.7185 / 424.42*365
=96.08

Xiamen Leading Optics 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
=( (121.043 + 131.835) / 2 ) / 121.843*365 / 4
=126.439 / 121.843*365 / 4
=94.69

* 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 94.69 mean?
Xiamen Leading Optics Co (SHSE:605118) has a Days Payable of 94.69 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 Xiamen Leading Optics Co and its competitors. This is near median its historical median of 104.25. Over the past decade, Xiamen Leading Optics Co's Days Payable has ranged from 89.90 to 123.82. According to the industry distribution chart, Xiamen Leading Optics Co ranks #904 out of 2443 companies in the Hardware industry, placing it in the top 37%.
Is Xiamen Leading Optics Co's Days Payable too high?
Xiamen Leading Optics Co's current Days Payable of 94.69 is near median its 10-year median of 104.25. Over the past 10 years, this metric has ranged from a low of 89.90 to a high of 123.82. The Hardware industry median Days Payable is 69.89. Xiamen Leading Optics Co's value of 94.69 is 35.5% above this industry median. Based on the distribution chart, Xiamen Leading Optics Co ranks #904 out of 2443 companies in the Hardware industry, which is above the industry midpoint. Overall, Xiamen Leading Optics Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Leading Optics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Xiamen Leading Optics Co ranks #904 out of 2443 companies for Days Payable. This puts Xiamen Leading Optics Co in the upper half of its industry. The industry median Days Payable is 69.89. Xiamen Leading Optics Co's value of 94.69 is 35.5% above this benchmark. Historically, Xiamen Leading Optics Co's own Days Payable has ranged from 89.90 to 123.82 over the past decade. While the company's 10-year median is 104.25 vs. the industry median of 69.89, Xiamen Leading Optics 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. Xiamen Leading Optics Co's current Days Payable of 94.69 is 35.5% 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 Xiamen Leading Optics Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Leading Optics Co's current Days Payable is 94.69, which is near median its own 10-year median of 104.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Leading Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Leading Optics Co (SHSE:605118) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.06, compared to a current price of ¥27.66 — trading 1.4% below its estimated fair value. The current Days Payable is 94.69, which is near median its 10-year median of 104.25 and 35.5% above the Hardware industry median of 69.89. Xiamen Leading Optics Co's overall GF Score™ is 89/100 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 Xiamen Leading Optics Co (SHSE:605118), the current Days Payable is 94.69 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 Xiamen Leading Optics Co (SHSE:605118) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Leading Optics Co stock appears to be undervalued. The current stock price of ¥27.66 is trading 1.4% below its estimated GF Value™ of ¥28.06. GuruFocus considers Xiamen Leading Optics Co to be Fairly Valued.

Key valuation signals for SHSE:605118:

  • Days Payable: 94.69 (near median its 10-year median of 104.25)
  • GF Value™: ¥28.06 vs. price of ¥27.66 (1.4% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 35.5% above the Hardware median (#904 of 2443)

No single metric tells the full story. See the SHSE:605118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen Leading Optics Co Business Description

Address Plant 1, No. 26, Xinmei Road, Xinyang Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361028
Xiamen Leading Optics Co Ltd is engaged in design, production and sales of optical lenses. The company's products include Surveillance Lens; Automotives Lens; Machine Vision Lens; ITS Lens; Low Distortion Lens; Consumer Imaging; and Panoramic Lens. Its products are used in multiple fields of application including security surveillance, medical and biological studies and researches, intelligent traffic systems, video conference, intelligent home security, sports camera and many more.
89GF Score

Get the complete analysis for SHSE:605118

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

¥27.66
Price
¥28.06
GF Value