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Luster LightTech CoSHSE:688400 -4.16%82 Days Payable is 181.09 as of Mar. 2026, which is 66% above its 10-year median of 109.22. GuruFocus rates SHSE:688400 with a GF Score™ of 82/100 and a GF Value™ of ¥36.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Luster LightTech Co ranks better than 67.74% on this metric.
The historical rank and industry rank for Luster LightTech Co's Days Payable or its related term are showing as below:
SHSE:688400'
s Days Payable Range Over the Past 10 Years
Min: 77.46 Med: 109.22 Max: 120.58
Current: 120.58
During the past 8 years, Luster LightTech Co's highest Days Payable was 120.58. The lowest was 77.46. And the median was 109.22.
SHSE:688400's Days Payable is ranked better than 67.74% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs SHSE:688400: 120.58
Luster LightTech Co's Days Payable
increased
from Mar. 2025 (101.30) to Mar. 2026 (181.09).
It may suggest that Luster LightTech Codelayed paying its suppliers.
Luster LightTech Co Days Payable Related Terms
Luster LightTech Co Days Payable Historical Data
* Premium members only.
The historical data trend for Luster LightTech 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.
SHSE:688400 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Luster LightTech 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.
Luster LightTech Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Luster LightTech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Luster LightTech Co's Days Payable falls into.
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.
Luster LightTech Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Luster LightTech Co (SHSE:688400) has a Days Payable of 181.09 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 Luster LightTech Co and its competitors. This is 66% above median its historical median of 109.22. Over the past decade, Luster LightTech Co's Days Payable has ranged from 77.46 to 120.58. According to the industry distribution chart, Luster LightTech Co ranks #966 out of 2994 companies in the Industrial Products industry, placing it in the top 32.3%.
Is Luster LightTech Co's Days Payable too high?
Luster LightTech Co's current Days Payable of 181.09 is 66% above median its 10-year median of 109.22. Over the past 10 years, this metric has ranged from a low of 77.46 to a high of 120.58. The Industrial Products industry median Days Payable is 78.05. Luster LightTech Co's value of 181.09 is 132% above this industry median. Based on the distribution chart, Luster LightTech Co ranks #966 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Luster LightTech Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luster LightTech Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Luster LightTech Co ranks #966 out of 2994 companies for Days Payable. This puts Luster LightTech Co in the upper half of its industry. The industry median Days Payable is 78.05. Luster LightTech Co's value of 181.09 is 132% above this benchmark. Historically, Luster LightTech Co's own Days Payable has ranged from 77.46 to 120.58 over the past decade. While the company's 10-year median is 109.22 vs. the industry median of 78.05, Luster LightTech 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 2,994 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. Luster LightTech Co's current Days Payable of 181.09 is 132% 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 Luster LightTech 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. Luster LightTech Co's current Days Payable is 181.09, which is 66% above median its own 10-year median of 109.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luster LightTech Co stock overvalued right now?
Based on GuruFocus' analysis, Luster LightTech Co (SHSE:688400) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.09, compared to a current price of ¥41.91 — trading 16.1% above its estimated fair value. The current Days Payable is 181.09, which is 66% above median its 10-year median of 109.22 and 132% above the Industrial Products industry median of 78.05. Luster LightTech Co's overall GF Score™ is 82/100 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 Luster LightTech Co (SHSE:688400), the current Days Payable is 181.09 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 Luster LightTech Co (SHSE:688400) Overvalued in 2026?
Based on GuruFocus' analysis, Luster LightTech Co stock appears to be overvalued.
The current stock price of ¥41.91 is trading 16.1% above its estimated GF Value™ of ¥36.09.
GuruFocus considers Luster LightTech Co to be Modestly Overvalued.
Key valuation signals for SHSE:688400:
Days Payable: 181.09 (66% above median its 10-year median of 109.22)
GF Value™: ¥36.09 vs. price of ¥41.91 (16.1% above fair value)
Industry Position: 132% above the Industrial Products median (#966 of 2994)
No single metric tells the full story. See the SHSE:688400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luster LightTech Co Ltd is based on optical technology innovation, and develops business around machine vision and fiber optics. The company has four product lines: intelligent equipment and smart factories, serving multiple fields such as consumer electronics, new energy, printing and packaging, and new display.
82GF Score
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