JiangSu Changling Hydraulic Co (SHSE:605389) Days Payable: 91.26 (As of Mar. 2026) — Near Median

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SHSE:605389 JiangSu Changling Hydraulic Co Ltd SHSE:605389
61 GF Score
Price ¥71.00
GF Value ¥28.79
Valuation Significantly Overvalued
! 3 Warning Signs
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What is JiangSu Changling Hydraulic Co Days Payable?

JiangSu Changling Hydraulic Co SHSE:605389 -2.45% 61 Days Payable is 91.26 as of Mar. 2026, which is 6% below its 10-year median of 97.26. GuruFocus rates SHSE:605389 with a GF Score™ of 61/100 and a GF Value™ of ¥28.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,995 Industrial Products companies, JiangSu Changling Hydraulic Co ranks worse than 51.52% on this metric.

JiangSu Changling Hydraulic Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥184 Mil. JiangSu Changling Hydraulic Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥184 Mil. Hence, JiangSu Changling Hydraulic Co's Days Payable for the three months ended in Mar. 2026 was 91.26.

The historical rank and industry rank for JiangSu Changling Hydraulic Co's Days Payable or its related term are showing as below:

SHSE:605389' s Days Payable Range Over the Past 10 Years
Min: 74.74   Med: 97.26   Max: 148.33
Current: 74.74

During the past 10 years, JiangSu Changling Hydraulic Co's highest Days Payable was 148.33. The lowest was 74.74. And the median was 97.26.

SHSE:605389's Days Payable is ranked worse than
51.52% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:605389: 74.74

JiangSu Changling Hydraulic Co's Days Payable increased from Mar. 2025 (86.74) to Mar. 2026 (91.26). It may suggest that JiangSu Changling Hydraulic Co delayed paying its suppliers.


JiangSu Changling Hydraulic Co Days Payable Historical Data

* Premium members only.

The historical data trend for JiangSu Changling Hydraulic 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 Changling Hydraulic Co Days Payable Chart

JiangSu Changling Hydraulic 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 148.33 97.26 95.80 96.95 86.31

JiangSu Changling Hydraulic 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 86.74 71.24 68.60 70.69 91.26

SHSE:605389 vs SNA, RBC, SWK: Days Payable Comparison

For the Tools & Accessories subindustry, JiangSu Changling Hydraulic 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 Changling Hydraulic Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, JiangSu Changling Hydraulic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where JiangSu Changling Hydraulic Co's Days Payable falls into.


SHSE:605389
61GF Score
JiangSu Changling Hydraulic Co Ltd SHSE:605389
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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JiangSu Changling Hydraulic 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 Changling Hydraulic 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
=( (162.445 + 200.658) / 2 ) / 767.776*365
=181.5515 / 767.776*365
=86.31

JiangSu Changling Hydraulic 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
=( (200.658 + 167.968) / 2 ) / 184.298*365 / 4
=184.313 / 184.298*365 / 4
=91.26

* 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 91.26 mean?
JiangSu Changling Hydraulic Co (SHSE:605389) has a Days Payable of 91.26 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 Changling Hydraulic Co and its competitors. This is near median its historical median of 97.26. Over the past decade, JiangSu Changling Hydraulic Co's Days Payable has ranged from 74.74 to 148.33. According to the industry distribution chart, JiangSu Changling Hydraulic Co ranks #1543 out of 2995 companies in the Industrial Products industry, placing it in the top 51.5%.
Is JiangSu Changling Hydraulic Co's Days Payable too high?
JiangSu Changling Hydraulic Co's current Days Payable of 91.26 is near median its 10-year median of 97.26. Over the past 10 years, this metric has ranged from a low of 74.74 to a high of 148.33. The Industrial Products industry median Days Payable is 78.05. JiangSu Changling Hydraulic Co's value of 91.26 is 16.9% above this industry median. Based on the distribution chart, JiangSu Changling Hydraulic Co ranks #1543 out of 2995 companies in the Industrial Products industry, which is below the industry midpoint. Overall, JiangSu Changling Hydraulic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiangSu Changling Hydraulic Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, JiangSu Changling Hydraulic Co ranks #1543 out of 2995 companies for Days Payable. This places JiangSu Changling Hydraulic Co in the lower half of its industry. The industry median Days Payable is 78.05. JiangSu Changling Hydraulic Co's value of 91.26 is 16.9% above this benchmark. Historically, JiangSu Changling Hydraulic Co's own Days Payable has ranged from 74.74 to 148.33 over the past decade. While the company's 10-year median is 97.26 vs. the industry median of 78.05, JiangSu Changling Hydraulic 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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 Changling Hydraulic Co's current Days Payable of 91.26 is 16.9% 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 Changling Hydraulic Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JiangSu Changling Hydraulic Co's current Days Payable is 91.26, which is near median its own 10-year median of 97.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiangSu Changling Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co (SHSE:605389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥28.79, compared to a current price of ¥71.00 — trading 146.6% above its estimated fair value. The current Days Payable is 91.26, which is near median its 10-year median of 97.26 and 16.9% above the Industrial Products industry median of 78.05. JiangSu Changling Hydraulic Co's overall GF Score™ is 61/100 with 3 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 Changling Hydraulic Co (SHSE:605389), the current Days Payable is 91.26 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 Changling Hydraulic Co (SHSE:605389) Overvalued in 2026?

Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co stock appears to be overvalued. The current stock price of ¥71.00 is trading 146.6% above its estimated GF Value™ of ¥28.79. GuruFocus considers JiangSu Changling Hydraulic Co to be Significantly Overvalued.

Key valuation signals for SHSE:605389:

  • Days Payable: 91.26 (near median its 10-year median of 97.26)
  • GF Value™: ¥28.79 vs. price of ¥71.00 (146.6% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 16.9% above the Industrial Products median (#1543 of 2995)

No single metric tells the full story. See the SHSE:605389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JiangSu Changling Hydraulic Co Business Description

Address 885 Yungu Road, Yunting Street, Jiangsu Province, Jiangyin, CHN, 214422
JiangSu Changling Hydraulic Co Ltd is engaged in the research and development, production, and sales of key hydraulic components for construction machinery. The main products are hydraulic central rotary joints for construction machinery and hydraulic crawler tensioners, hydraulic valves and others.
61GF Score

Get the complete analysis for SHSE:605389

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

¥71.00
Price
¥28.79
GF Value