Laplace Renewable Energy Technology Co (SHSE:688726) Days Payable: 298.77 (As of Mar. 2026) — 30% Below Median


SHSE:688726 Laplace Renewable Energy Technology Co Ltd SHSE:688726
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What is Laplace Renewable Energy Technology Co Days Payable?

Laplace Renewable Energy Technology Co SHSE:688726 +11.22% 13 Days Payable is 298.77 as of Mar. 2026, which is 30% below its 10-year median of 428.49. GuruFocus rates SHSE:688726 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Laplace Renewable Energy Technology Co ranks better than 88.31% on this metric.

Laplace Renewable Energy Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,085 Mil. Laplace Renewable Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥637 Mil. Hence, Laplace Renewable Energy Technology Co's Days Payable for the three months ended in Mar. 2026 was 298.77.

The historical rank and industry rank for Laplace Renewable Energy Technology Co's Days Payable or its related term are showing as below:

SHSE:688726' s Days Payable Range Over the Past 10 Years
Min: 184.84   Med: 428.49   Max: 609.87
Current: 219.24

During the past 6 years, Laplace Renewable Energy Technology Co's highest Days Payable was 609.87. The lowest was 184.84. And the median was 428.49.

SHSE:688726's Days Payable is ranked better than
88.31% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:688726: 219.24

Laplace Renewable Energy Technology Co's Days Payable increased from Mar. 2025 (175.24) to Mar. 2026 (298.77). It may suggest that Laplace Renewable Energy Technology Co delayed paying its suppliers.


Laplace Renewable Energy Technology Co Days Payable Related Terms


Laplace Renewable Energy Technology Co Days Payable Historical Data

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The historical data trend for Laplace Renewable Energy Technology 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.

Laplace Renewable Energy Technology Co Days Payable Chart

Laplace Renewable Energy Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 609.87 0.00 448.08 196.95 184.84

Laplace Renewable Energy Technology Co Quarterly Data
Dec20 Dec21 Dec22 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 175.24 163.77 248.76 218.14 298.77

SHSE:688726 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Laplace Renewable Energy Technology 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.


Laplace Renewable Energy Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Laplace Renewable Energy Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Laplace Renewable Energy Technology Co's Days Payable falls into.


SHSE:688726
13GF Score
Laplace Renewable Energy Technology Co Ltd SHSE:688726
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Laplace Renewable Energy Technology 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.

Laplace Renewable Energy Technology 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
=( (1840.798 + 2066.161) / 2 ) / 3857.434*365
=1953.4795 / 3857.434*365
=184.84

Laplace Renewable Energy Technology 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
=( (2066.161 + 2104.145) / 2 ) / 636.854*365 / 4
=2085.153 / 636.854*365 / 4
=298.77

* 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 298.77 mean?
Laplace Renewable Energy Technology Co (SHSE:688726) has a Days Payable of 298.77 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 Laplace Renewable Energy Technology Co and its competitors. This is 30% below median its historical median of 428.49. Over the past decade, Laplace Renewable Energy Technology Co's Days Payable has ranged from 184.84 to 609.87. According to the industry distribution chart, Laplace Renewable Energy Technology Co ranks #350 out of 2994 companies in the Industrial Products industry, placing it in the top 11.7%.
Is Laplace Renewable Energy Technology Co's Days Payable too high?
Laplace Renewable Energy Technology Co's current Days Payable of 298.77 is 30% below median its 10-year median of 428.49. Over the past 10 years, this metric has ranged from a low of 184.84 to a high of 609.87. The Industrial Products industry median Days Payable is 78.05. Laplace Renewable Energy Technology Co's value of 298.77 is 282.8% above this industry median. Based on the distribution chart, Laplace Renewable Energy Technology Co ranks #350 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Laplace Renewable Energy Technology Co ranks #350 out of 2994 companies for Days Payable. This places Laplace Renewable Energy Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Laplace Renewable Energy Technology Co's value of 298.77 is 282.8% above this benchmark. Historically, Laplace Renewable Energy Technology Co's own Days Payable has ranged from 184.84 to 609.87 over the past decade. While the company's 10-year median is 428.49 vs. the industry median of 78.05, Laplace Renewable Energy Technology 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. Laplace Renewable Energy Technology Co's current Days Payable of 298.77 is 282.8% 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 Laplace Renewable Energy Technology 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. Laplace Renewable Energy Technology Co's current Days Payable is 298.77, which is 30% below median its own 10-year median of 428.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Days Payable of 298.77. The current Days Payable is 298.77, which is 30% below median its 10-year median of 428.49 and 282.8% above the Industrial Products industry median of 78.05. Laplace Renewable Energy Technology Co's overall GF Score™ is 13/100 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 Laplace Renewable Energy Technology Co (SHSE:688726), the current Days Payable is 298.77 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.

Laplace Renewable Energy Technology Co Business Description

Address No. 1, Jikang Road, Kengzi Street, Pingshan District, Guangdong, Shenzhen, CHN, 518122
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
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