Leader Harmonious Drive Systems Co (SHSE:688017) Days Payable: 165.36 (As of Mar. 2026) — 24% Above Median

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SHSE:688017 Leader Harmonious Drive Systems Co Ltd SHSE:688017
88 GF Score
Price ¥261.00
GF Value ¥222.55
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Leader Harmonious Drive Systems Co Days Payable?

Leader Harmonious Drive Systems Co SHSE:688017 -7.99% 88 Days Payable is 165.36 as of Mar. 2026, which is 24% above its 10-year median of 133.37. GuruFocus rates SHSE:688017 with a GF Score™ of 88/100 and a GF Value™ of ¥222.55 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,994 Industrial Products companies, Leader Harmonious Drive Systems Co ranks better than 70.91% on this metric.

Leader Harmonious Drive Systems Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥168.6 Mil. Leader Harmonious Drive Systems Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥93.0 Mil. Hence, Leader Harmonious Drive Systems Co's Days Payable for the three months ended in Mar. 2026 was 165.36.

The historical rank and industry rank for Leader Harmonious Drive Systems Co's Days Payable or its related term are showing as below:

SHSE:688017' s Days Payable Range Over the Past 10 Years
Min: 82.28   Med: 133.37   Max: 159.61
Current: 130.47

During the past 9 years, Leader Harmonious Drive Systems Co's highest Days Payable was 159.61. The lowest was 82.28. And the median was 133.37.

SHSE:688017's Days Payable is ranked better than
70.91% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:688017: 130.47

Leader Harmonious Drive Systems Co's Days Payable increased from Mar. 2025 (100.16) to Mar. 2026 (165.36). It may suggest that Leader Harmonious Drive Systems Co delayed paying its suppliers.


Leader Harmonious Drive Systems Co Days Payable Related Terms


Leader Harmonious Drive Systems Co Days Payable Historical Data

* Premium members only.

The historical data trend for Leader Harmonious Drive Systems 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.

Leader Harmonious Drive Systems Co Days Payable Chart

Leader Harmonious Drive Systems Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 157.03 150.96 87.60 82.28 119.45

Leader Harmonious Drive Systems 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 100.16 87.61 137.46 149.31 165.36

SHSE:688017 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Leader Harmonious Drive Systems 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.


Leader Harmonious Drive Systems Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leader Harmonious Drive Systems Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Leader Harmonious Drive Systems Co's Days Payable falls into.


SHSE:688017
88GF Score
Leader Harmonious Drive Systems Co Ltd SHSE:688017
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Leader Harmonious Drive Systems 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.

Leader Harmonious Drive Systems 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
=( (67.404 + 168.274) / 2 ) / 360.091*365
=117.839 / 360.091*365
=119.45

Leader Harmonious Drive Systems 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
=( (168.274 + 168.877) / 2 ) / 93.024*365 / 4
=168.5755 / 93.024*365 / 4
=165.36

* 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 165.36 mean?
Leader Harmonious Drive Systems Co (SHSE:688017) has a Days Payable of 165.36 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 Leader Harmonious Drive Systems Co and its competitors. This is 24% above median its historical median of 133.37. Over the past decade, Leader Harmonious Drive Systems Co's Days Payable has ranged from 82.28 to 159.61. According to the industry distribution chart, Leader Harmonious Drive Systems Co ranks #871 out of 2994 companies in the Industrial Products industry, placing it in the top 29.1%.
Is Leader Harmonious Drive Systems Co's Days Payable too high?
Leader Harmonious Drive Systems Co's current Days Payable of 165.36 is 24% above median its 10-year median of 133.37. Over the past 10 years, this metric has ranged from a low of 82.28 to a high of 159.61. The Industrial Products industry median Days Payable is 78.07. Leader Harmonious Drive Systems Co's value of 165.36 is 111.8% above this industry median. Based on the distribution chart, Leader Harmonious Drive Systems Co ranks #871 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Leader Harmonious Drive Systems Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leader Harmonious Drive Systems Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Leader Harmonious Drive Systems Co ranks #871 out of 2994 companies for Days Payable. This puts Leader Harmonious Drive Systems Co in the upper half of its industry. The industry median Days Payable is 78.07. Leader Harmonious Drive Systems Co's value of 165.36 is 111.8% above this benchmark. Historically, Leader Harmonious Drive Systems Co's own Days Payable has ranged from 82.28 to 159.61 over the past decade. While the company's 10-year median is 133.37 vs. the industry median of 78.07, Leader Harmonious Drive Systems 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 78.07, based on 2,994 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. Leader Harmonious Drive Systems Co's current Days Payable of 165.36 is 111.8% 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 Leader Harmonious Drive Systems Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Harmonious Drive Systems Co's current Days Payable is 165.36, which is 24% above median its own 10-year median of 133.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Harmonious Drive Systems Co stock overvalued right now?
Based on GuruFocus' analysis, Leader Harmonious Drive Systems Co (SHSE:688017) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥222.55, compared to a current price of ¥261.00 — trading 17.3% above its estimated fair value. The current Days Payable is 165.36, which is 24% above median its 10-year median of 133.37 and 111.8% above the Industrial Products industry median of 78.07. Leader Harmonious Drive Systems Co's overall GF Score™ is 88/100 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 Leader Harmonious Drive Systems Co (SHSE:688017), the current Days Payable is 165.36 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 Leader Harmonious Drive Systems Co (SHSE:688017) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Harmonious Drive Systems Co stock appears to be overvalued. The current stock price of ¥261.00 is trading 17.3% above its estimated GF Value™ of ¥222.55. GuruFocus considers Leader Harmonious Drive Systems Co to be Modestly Overvalued.

Key valuation signals for SHSE:688017:

  • Days Payable: 165.36 (24% above median its 10-year median of 133.37)
  • GF Value™: ¥222.55 vs. price of ¥261.00 (17.3% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 111.8% above the Industrial Products median (#871 of 2994)

No single metric tells the full story. See the SHSE:688017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leader Harmonious Drive Systems Co Business Description

Address No. 19, Muxu West Road, Mudu Town, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215101
Leader Harmonious Drive Systems Co Ltd is engaged in design, production and sales of precision transmission devices. The company's products include harmonic reducers, mechatronics actuators and precision parts. Its products are widely used in high-end manufacturing fields such as industrial robots, service robots, CNC machine tools, aerospace, medical equipment, semiconductor production equipment, and new energy equipment.
88GF Score

Get the complete analysis for SHSE:688017

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

¥261.00
Price
¥222.55
GF Value