CETC Lantian Technology Co (SHSE:688818) Days Payable: 832.47 (As of Mar. 2026) — 136% Above Median

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SHSE:688818 CETC Lantian Technology Co Ltd SHSE:688818
18 GF Score
Price ¥43.17
! 2 Warning Signs
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What is CETC Lantian Technology Co Days Payable?

CETC Lantian Technology Co SHSE:688818 +4.40% 18 Days Payable is 832.47 as of Mar. 2026, which is 136% above its 10-year median of 352.12. GuruFocus rates SHSE:688818 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,440 Hardware companies, CETC Lantian Technology Co ranks better than 97.66% on this metric.

CETC Lantian Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,114 Mil. CETC Lantian Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥341 Mil. Hence, CETC Lantian Technology Co's Days Payable for the three months ended in Mar. 2026 was 832.47.

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

SHSE:688818' s Days Payable Range Over the Past 10 Years
Min: 265.71   Med: 352.12   Max: 417.73
Current: 414.39

During the past 4 years, CETC Lantian Technology Co's highest Days Payable was 417.73. The lowest was 265.71. And the median was 352.12.

SHSE:688818's Days Payable is ranked better than
97.66% of 2440 companies
in the Hardware industry
Industry Median: 69.965 vs SHSE:688818: 414.39

CETC Lantian Technology Co's Days Payable declined from Mar. 2025 (1,340.24) to Mar. 2026 (832.47). It may suggest that CETC Lantian Technology Co accelerated paying its suppliers.


CETC Lantian Technology Co Days Payable Historical Data

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The historical data trend for CETC Lantian 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.

CETC Lantian Technology Co Days Payable Chart

CETC Lantian Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
301.78 265.71 402.45 417.73

CETC Lantian Technology Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 1,340.24 368.89 617.34 227.92 832.47

SHSE:688818 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, CETC Lantian 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.


CETC Lantian Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, CETC Lantian Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CETC Lantian Technology Co's Days Payable falls into.


SHSE:688818
18GF Score
CETC Lantian Technology Co Ltd SHSE:688818
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CETC Lantian 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.

CETC Lantian 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
=( (2621.43 + 2995.376) / 2 ) / 2453.894*365
=2808.403 / 2453.894*365
=417.73

CETC Lantian 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
=( (2995.376 + 3232.931) / 2 ) / 341.352*365 / 4
=3114.1535 / 341.352*365 / 4
=832.47

* 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 832.47 mean?
CETC Lantian Technology Co (SHSE:688818) has a Days Payable of 832.47 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 CETC Lantian Technology Co and its competitors. This is 136% above median its historical median of 352.12. Over the past decade, CETC Lantian Technology Co's Days Payable has ranged from 265.71 to 417.73. According to the industry distribution chart, CETC Lantian Technology Co ranks #57 out of 2440 companies in the Hardware industry, placing it in the top 2.3%.
Is CETC Lantian Technology Co's Days Payable too high?
CETC Lantian Technology Co's current Days Payable of 832.47 is 136% above median its 10-year median of 352.12. Over the past 10 years, this metric has ranged from a low of 265.71 to a high of 417.73. The Hardware industry median Days Payable is 69.97. CETC Lantian Technology Co's value of 832.47 is 1089.8% above this industry median. Based on the distribution chart, CETC Lantian Technology Co ranks #57 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, CETC Lantian Technology Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does CETC Lantian Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, CETC Lantian Technology Co ranks #57 out of 2440 companies for Days Payable. This places CETC Lantian Technology Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.97. CETC Lantian Technology Co's value of 832.47 is 1089.8% above this benchmark. Historically, CETC Lantian Technology Co's own Days Payable has ranged from 265.71 to 417.73 over the past decade. While the company's 10-year median is 352.12 vs. the industry median of 69.97, CETC Lantian 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 a Hardware company?
The median Days Payable among Hardware companies is 69.97, based on 2,440 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. CETC Lantian Technology Co's current Days Payable of 832.47 is 1089.8% 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 CETC Lantian Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Lantian Technology Co's current Days Payable is 832.47, which is 136% above median its own 10-year median of 352.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Lantian Technology Co stock overvalued right now?
CETC Lantian Technology Co (SHSE:688818) has a current Days Payable of 832.47. The current Days Payable is 832.47, which is 136% above median its 10-year median of 352.12 and 1089.8% above the Hardware industry median of 69.97. CETC Lantian Technology Co's overall GF Score™ is 18/100 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 CETC Lantian Technology Co (SHSE:688818), the current Days Payable is 832.47 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.

CETC Lantian Technology Co Business Description

Address No. 6, Huake Seventh Road, Binhai High-tech Industrial Development Zone, Tianjin, CHN, 300392
CETC Lantian Technology Co Ltd is mainly engaged in the research and development, production, sales, and services of electrical energy materials, products, and systems. Its business areas include physical power supplies, chemical power supplies, power supply systems, and other upstream and downstream products in the power supply chain.
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