Chongqing Sulian Plastic Co (SZSE:301397) Days Payable: 120.67 (As of Mar. 2026) — Near Median

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SZSE:301397 Chongqing Sulian Plastic Co Ltd SZSE:301397
92 GF Score
Price ¥25.43
GF Value ¥25.89
Valuation Fairly Valued
! 7 Warning Signs
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What is Chongqing Sulian Plastic Co Days Payable?

Chongqing Sulian Plastic Co SZSE:301397 +1.11% 92 Days Payable is 120.67 as of Mar. 2026, which is 1% above its 10-year median of 119.12. GuruFocus rates SZSE:301397 with a GF Score™ of 92/100 and a GF Value™ of ¥25.89 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,312 Vehicles & Parts companies, Chongqing Sulian Plastic Co ranks better than 74.24% on this metric.

Chongqing Sulian Plastic Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥290 Mil. Chongqing Sulian Plastic Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥219 Mil. Hence, Chongqing Sulian Plastic Co's Days Payable for the three months ended in Mar. 2026 was 120.67.

The historical rank and industry rank for Chongqing Sulian Plastic Co's Days Payable or its related term are showing as below:

SZSE:301397' s Days Payable Range Over the Past 10 Years
Min: 82.97   Med: 119.12   Max: 161.29
Current: 114.92

During the past 8 years, Chongqing Sulian Plastic Co's highest Days Payable was 161.29. The lowest was 82.97. And the median was 119.12.

SZSE:301397's Days Payable is ranked better than
74.24% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs SZSE:301397: 114.92

Chongqing Sulian Plastic Co's Days Payable declined from Mar. 2025 (148.79) to Mar. 2026 (120.67). It may suggest that Chongqing Sulian Plastic Co accelerated paying its suppliers.


Chongqing Sulian Plastic Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chongqing Sulian Plastic 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.

Chongqing Sulian Plastic Co Days Payable Chart

Chongqing Sulian Plastic Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 161.29 119.12 116.15 109.63

Chongqing Sulian Plastic 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 148.79 136.54 114.53 84.22 120.67

SZSE:301397 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Chongqing Sulian Plastic 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.


Chongqing Sulian Plastic Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Sulian Plastic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Sulian Plastic Co's Days Payable falls into.


SZSE:301397
92GF Score
Chongqing Sulian Plastic Co Ltd SZSE:301397
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Sulian Plastic 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.

Chongqing Sulian Plastic 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
=( (385.758 + 292.077) / 2 ) / 1128.363*365
=338.9175 / 1128.363*365
=109.63

Chongqing Sulian Plastic 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
=( (292.077 + 287.876) / 2 ) / 219.276*365 / 4
=289.9765 / 219.276*365 / 4
=120.67

* 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 120.67 mean?
Chongqing Sulian Plastic Co (SZSE:301397) has a Days Payable of 120.67 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 Chongqing Sulian Plastic Co and its competitors. This is near median its historical median of 119.12. Over the past decade, Chongqing Sulian Plastic Co's Days Payable has ranged from 82.97 to 161.29. According to the industry distribution chart, Chongqing Sulian Plastic Co ranks #338 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 25.8%.
Is Chongqing Sulian Plastic Co's Days Payable too high?
Chongqing Sulian Plastic Co's current Days Payable of 120.67 is near median its 10-year median of 119.12. Over the past 10 years, this metric has ranged from a low of 82.97 to a high of 161.29. The Vehicles & Parts industry median Days Payable is 66.61. Chongqing Sulian Plastic Co's value of 120.67 is 81.2% above this industry median. Based on the distribution chart, Chongqing Sulian Plastic Co ranks #338 out of 1312 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Chongqing Sulian Plastic Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Sulian Plastic Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chongqing Sulian Plastic Co ranks #338 out of 1312 companies for Days Payable. This puts Chongqing Sulian Plastic Co in the upper half of its industry. The industry median Days Payable is 66.61. Chongqing Sulian Plastic Co's value of 120.67 is 81.2% above this benchmark. Historically, Chongqing Sulian Plastic Co's own Days Payable has ranged from 82.97 to 161.29 over the past decade. While the company's 10-year median is 119.12 vs. the industry median of 66.61, Chongqing Sulian Plastic 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.61, based on 1,312 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. Chongqing Sulian Plastic Co's current Days Payable of 120.67 is 81.2% 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 Chongqing Sulian Plastic Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Sulian Plastic Co's current Days Payable is 120.67, which is near median its own 10-year median of 119.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Sulian Plastic Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Sulian Plastic Co (SZSE:301397) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.89, compared to a current price of ¥25.43 — trading 1.8% below its estimated fair value. The current Days Payable is 120.67, which is near median its 10-year median of 119.12 and 81.2% above the Vehicles & Parts industry median of 66.61. Chongqing Sulian Plastic Co's overall GF Score™ is 92/100 with 7 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 Chongqing Sulian Plastic Co (SZSE:301397), the current Days Payable is 120.67 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 Chongqing Sulian Plastic Co (SZSE:301397) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Sulian Plastic Co stock appears to be undervalued. The current stock price of ¥25.43 is trading 1.8% below its estimated GF Value™ of ¥25.89. GuruFocus considers Chongqing Sulian Plastic Co to be Fairly Valued.

Key valuation signals for SZSE:301397:

  • Days Payable: 120.67 (near median its 10-year median of 119.12)
  • GF Value™: ¥25.89 vs. price of ¥25.43 (1.8% below fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 81.2% above the Vehicles & Parts median (#338 of 1312)

No single metric tells the full story. See the SZSE:301397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Sulian Plastic Co Business Description

Address No. 18, Gangning Road, Jiangbei District, Chongqing, CHN, 400026
Chongqing Sulian Plastic Co Ltd is engaged in the design, research and development, production and sales of plastic fluid pipeline products and parts for automobiles.
92GF Score

Get the complete analysis for SZSE:301397

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

¥25.43
Price
¥25.89
GF Value