Wangli Security & Surveillance Product Co (SHSE:605268) Days Payable: 280.68 (As of Mar. 2026) — 79% Above Median

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SHSE:605268 Wangli Security & Surveillance Product Co Ltd SHSE:605268
86 GF Score
Price ¥9.08
GF Value ¥10.25
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Wangli Security & Surveillance Product Co Days Payable?

Wangli Security & Surveillance Product Co SHSE:605268 -2.05% 86 Days Payable is 280.68 as of Mar. 2026, which is 79% above its 10-year median of 157.06. GuruFocus rates SHSE:605268 with a GF Score™ of 86/100 and a GF Value™ of ¥10.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 946 Business Services companies, Wangli Security & Surveillance Product Co ranks better than 87.1% on this metric.

Wangli Security & Surveillance Product Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,239 Mil. Wangli Security & Surveillance Product Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥403 Mil. Hence, Wangli Security & Surveillance Product Co's Days Payable for the three months ended in Mar. 2026 was 280.68.

The historical rank and industry rank for Wangli Security & Surveillance Product Co's Days Payable or its related term are showing as below:

SHSE:605268' s Days Payable Range Over the Past 10 Years
Min: 114.86   Med: 157.06   Max: 212.31
Current: 181.56

During the past 10 years, Wangli Security & Surveillance Product Co's highest Days Payable was 212.31. The lowest was 114.86. And the median was 157.06.

SHSE:605268's Days Payable is ranked better than
87.1% of 946 companies
in the Business Services industry
Industry Median: 45.785 vs SHSE:605268: 181.56

Wangli Security & Surveillance Product Co's Days Payable declined from Mar. 2025 (306.48) to Mar. 2026 (280.68). It may suggest that Wangli Security & Surveillance Product Co accelerated paying its suppliers.


Wangli Security & Surveillance Product Co Days Payable Related Terms


Wangli Security & Surveillance Product Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wangli Security & Surveillance Product 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.

Wangli Security & Surveillance Product Co Days Payable Chart

Wangli Security & Surveillance Product 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 156.51 212.31 178.61 200.75 194.68

Wangli Security & Surveillance Product 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 306.48 156.86 164.20 164.62 280.68

SHSE:605268 vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Wangli Security & Surveillance Product 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.


Wangli Security & Surveillance Product Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Wangli Security & Surveillance Product Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wangli Security & Surveillance Product Co's Days Payable falls into.


SHSE:605268
86GF Score
Wangli Security & Surveillance Product Co Ltd SHSE:605268
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wangli Security & Surveillance Product 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.

Wangli Security & Surveillance Product 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
=( (1288.77 + 1223.051) / 2 ) / 2354.633*365
=1255.9105 / 2354.633*365
=194.68

Wangli Security & Surveillance Product 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
=( (1223.051 + 1254.679) / 2 ) / 402.754*365 / 4
=1238.865 / 402.754*365 / 4
=280.68

* 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 280.68 mean?
Wangli Security & Surveillance Product Co (SHSE:605268) has a Days Payable of 280.68 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 Wangli Security & Surveillance Product Co and its competitors. This is 79% above median its historical median of 157.06. Over the past decade, Wangli Security & Surveillance Product Co's Days Payable has ranged from 114.86 to 212.31. According to the industry distribution chart, Wangli Security & Surveillance Product Co ranks #122 out of 946 companies in the Business Services industry, placing it in the top 12.9%.
Is Wangli Security & Surveillance Product Co's Days Payable too high?
Wangli Security & Surveillance Product Co's current Days Payable of 280.68 is 79% above median its 10-year median of 157.06. Over the past 10 years, this metric has ranged from a low of 114.86 to a high of 212.31. The Business Services industry median Days Payable is 45.79. Wangli Security & Surveillance Product Co's value of 280.68 is 513% above this industry median. Based on the distribution chart, Wangli Security & Surveillance Product Co ranks #122 out of 946 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Wangli Security & Surveillance Product Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wangli Security & Surveillance Product Co's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Wangli Security & Surveillance Product Co ranks #122 out of 946 companies for Days Payable. This places Wangli Security & Surveillance Product Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 45.79. Wangli Security & Surveillance Product Co's value of 280.68 is 513% above this benchmark. Historically, Wangli Security & Surveillance Product Co's own Days Payable has ranged from 114.86 to 212.31 over the past decade. While the company's 10-year median is 157.06 vs. the industry median of 45.79, Wangli Security & Surveillance Product 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 Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 946 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. Wangli Security & Surveillance Product Co's current Days Payable of 280.68 is 513% 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 Wangli Security & Surveillance Product Co and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wangli Security & Surveillance Product Co's current Days Payable is 280.68, which is 79% above median its own 10-year median of 157.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wangli Security & Surveillance Product Co stock overvalued right now?
Based on GuruFocus' analysis, Wangli Security & Surveillance Product Co (SHSE:605268) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.25, compared to a current price of ¥9.08 — trading 11.4% below its estimated fair value. The current Days Payable is 280.68, which is 79% above median its 10-year median of 157.06 and 513% above the Business Services industry median of 45.79. Wangli Security & Surveillance Product Co's overall GF Score™ is 86/100 with 6 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 Wangli Security & Surveillance Product Co (SHSE:605268), the current Days Payable is 280.68 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 Wangli Security & Surveillance Product Co (SHSE:605268) Overvalued in 2026?

Based on GuruFocus' analysis, Wangli Security & Surveillance Product Co stock appears to be undervalued. The current stock price of ¥9.08 is trading 11.4% below its estimated GF Value™ of ¥10.25. GuruFocus considers Wangli Security & Surveillance Product Co to be Modestly Undervalued.

Key valuation signals for SHSE:605268:

  • Days Payable: 280.68 (79% above median its 10-year median of 157.06)
  • GF Value™: ¥10.25 vs. price of ¥9.08 (11.4% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 513% above the Business Services median (#122 of 946)

No single metric tells the full story. See the SHSE:605268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wangli Security & Surveillance Product Co Business Description

Address No. 9, Aigang Road, Yongkang Economic Development Zone, Zhejiang Province, Jinhua, CHN, 321300
Wangli Security & Surveillance Product Co Ltd is engaged in the research and development, design, production and sales of door products such as security doors and lock products such as mechanical locks and smart locks.
86GF Score

Get the complete analysis for SHSE:605268

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

¥9.08
Price
¥10.25
GF Value