Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) Days Payable: 187.80 (As of Mar. 2026) — 21% Below Median

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SHSE:688150 Shaanxi Lighte Optoelectronics Material Co Ltd SHSE:688150
86 GF Score
Price ¥40.93
GF Value ¥36.56
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shaanxi Lighte Optoelectronics Material Co Days Payable?

Shaanxi Lighte Optoelectronics Material Co SHSE:688150 -3.28% 86 Days Payable is 187.80 as of Mar. 2026, which is 21% below its 10-year median of 237.60. GuruFocus rates SHSE:688150 with a GF Score™ of 86/100 and a GF Value™ of ¥36.56 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,554 Chemicals companies, Shaanxi Lighte Optoelectronics Material Co ranks better than 94.59% on this metric.

Shaanxi Lighte Optoelectronics Material Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥82.8 Mil. Shaanxi Lighte Optoelectronics Material Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥40.2 Mil. Hence, Shaanxi Lighte Optoelectronics Material Co's Days Payable for the three months ended in Mar. 2026 was 187.80.

The historical rank and industry rank for Shaanxi Lighte Optoelectronics Material Co's Days Payable or its related term are showing as below:

SHSE:688150' s Days Payable Range Over the Past 10 Years
Min: 121.33   Med: 237.6   Max: 471.03
Current: 215.32

During the past 12 years, Shaanxi Lighte Optoelectronics Material Co's highest Days Payable was 471.03. The lowest was 121.33. And the median was 237.60.

SHSE:688150's Days Payable is ranked better than
94.59% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:688150: 215.32

Shaanxi Lighte Optoelectronics Material Co's Days Payable declined from Mar. 2025 (190.43) to Mar. 2026 (187.80). It may suggest that Shaanxi Lighte Optoelectronics Material Co accelerated paying its suppliers.


Shaanxi Lighte Optoelectronics Material Co Days Payable Related Terms


Shaanxi Lighte Optoelectronics Material Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shaanxi Lighte Optoelectronics Material 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.

Shaanxi Lighte Optoelectronics Material Co Days Payable Chart

Shaanxi Lighte Optoelectronics Material Co Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.42 262.67 240.06 203.16 205.22

Shaanxi Lighte Optoelectronics Material 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 190.43 248.92 249.73 199.09 187.80

SHSE:688150 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Shaanxi Lighte Optoelectronics Material 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.


Shaanxi Lighte Optoelectronics Material Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shaanxi Lighte Optoelectronics Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Lighte Optoelectronics Material Co's Days Payable falls into.


SHSE:688150
86GF Score
Shaanxi Lighte Optoelectronics Material Co Ltd SHSE:688150
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Lighte Optoelectronics Material 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.

Shaanxi Lighte Optoelectronics Material 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
=( (83.32 + 84.281) / 2 ) / 149.045*365
=83.8005 / 149.045*365
=205.22

Shaanxi Lighte Optoelectronics Material 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
=( (84.281 + 81.377) / 2 ) / 40.246*365 / 4
=82.829 / 40.246*365 / 4
=187.80

* 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 187.80 mean?
Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) has a Days Payable of 187.80 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 Shaanxi Lighte Optoelectronics Material Co and its competitors. This is 21% below median its historical median of 237.60. Over the past decade, Shaanxi Lighte Optoelectronics Material Co's Days Payable has ranged from 121.33 to 471.03. According to the industry distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #84 out of 1554 companies in the Chemicals industry, placing it in the top 5.4%.
Is Shaanxi Lighte Optoelectronics Material Co's Days Payable too high?
Shaanxi Lighte Optoelectronics Material Co's current Days Payable of 187.80 is 21% below median its 10-year median of 237.60. Over the past 10 years, this metric has ranged from a low of 121.33 to a high of 471.03. The Chemicals industry median Days Payable is 59.57. Shaanxi Lighte Optoelectronics Material Co's value of 187.80 is 215.3% above this industry median. Based on the distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #84 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Lighte Optoelectronics Material Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Lighte Optoelectronics Material Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #84 out of 1554 companies for Days Payable. This places Shaanxi Lighte Optoelectronics Material Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Shaanxi Lighte Optoelectronics Material Co's value of 187.80 is 215.3% above this benchmark. Historically, Shaanxi Lighte Optoelectronics Material Co's own Days Payable has ranged from 121.33 to 471.03 over the past decade. While the company's 10-year median is 237.60 vs. the industry median of 59.57, Shaanxi Lighte Optoelectronics Material 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Shaanxi Lighte Optoelectronics Material Co's current Days Payable of 187.80 is 215.3% 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 Shaanxi Lighte Optoelectronics Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Lighte Optoelectronics Material Co's current Days Payable is 187.80, which is 21% below median its own 10-year median of 237.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Lighte Optoelectronics Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.56, compared to a current price of ¥40.93 — trading 12% above its estimated fair value. The current Days Payable is 187.80, which is 21% below median its 10-year median of 237.60 and 215.3% above the Chemicals industry median of 59.57. Shaanxi Lighte Optoelectronics Material Co's overall GF Score™ is 86/100 with 2 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 Shaanxi Lighte Optoelectronics Material Co (SHSE:688150), the current Days Payable is 187.80 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 Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Lighte Optoelectronics Material Co stock appears to be overvalued. The current stock price of ¥40.93 is trading 12% above its estimated GF Value™ of ¥36.56. GuruFocus considers Shaanxi Lighte Optoelectronics Material Co to be Modestly Overvalued.

Key valuation signals for SHSE:688150:

  • Days Payable: 187.80 (21% below median its 10-year median of 237.60)
  • GF Value™: ¥36.56 vs. price of ¥40.93 (12% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 215.3% above the Chemicals median (#84 of 1554)

No single metric tells the full story. See the SHSE:688150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaanxi Lighte Optoelectronics Material Co Business Description

Address No. 99, Longfeng Road, Building 3, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710114
Shaanxi Lighte Optoelectronics Material Co Ltd is engaged in the research and development, production and sales of OLED organic materials.
86GF Score

Get the complete analysis for SHSE:688150

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

¥40.93
Price
¥36.56
GF Value