Lu Hai Holding (TPE:2115) Days Payable: 40.55 (As of Dec. 2025) — Near Median


TPE:2115 Lu Hai Holding Corp TPE:2115
72 GF Score
Price NT$20.70
GF Value NT$30.41
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Lu Hai Holding Days Payable?

Lu Hai Holding TPE:2115 +0.24% 72 Days Payable is 40.55 as of Dec. 2025, which is 8% below its 10-year median of 44.26. GuruFocus rates TPE:2115 with a GF Score™ of 72/100 and a GF Value™ of NT$30.41 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Lu Hai Holding ranks worse than 72.82% on this metric.

Lu Hai Holding's average Accounts Payable for the three months ended in Dec. 2025 was NT$266 Mil. Lu Hai Holding's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$599 Mil. Hence, Lu Hai Holding's Days Payable for the three months ended in Dec. 2025 was 40.55.

The historical rank and industry rank for Lu Hai Holding's Days Payable or its related term are showing as below:

TPE:2115' s Days Payable Range Over the Past 10 Years
Min: 37.61   Med: 44.26   Max: 54.48
Current: 42.54

During the past 13 years, Lu Hai Holding's highest Days Payable was 54.48. The lowest was 37.61. And the median was 44.26.

TPE:2115's Days Payable is ranked worse than
72.82% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs TPE:2115: 42.54

Lu Hai Holding's Days Payable declined from Dec. 2024 (45.42) to Dec. 2025 (40.55). It may suggest that Lu Hai Holding accelerated paying its suppliers.


Lu Hai Holding Days Payable Historical Data

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The historical data trend for Lu Hai Holding'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.

Lu Hai Holding Days Payable Chart

Lu Hai Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.97 37.61 43.67 41.65 44.85

Lu Hai Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 45.42 43.69 41.99 41.55 40.55

TPE:2115 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Lu Hai Holding'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.


Lu Hai Holding Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lu Hai Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Lu Hai Holding's Days Payable falls into.


TPE:2115
72GF Score
Lu Hai Holding Corp TPE:2115
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lu Hai Holding 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.

Lu Hai Holding'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
=( (304.739 + 276.107) / 2 ) / 2363.483*365
=290.423 / 2363.483*365
=44.85

Lu Hai Holding's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (256.585 + 276.107) / 2 ) / 599.33*365 / 4
=266.346 / 599.33*365 / 4
=40.55

* 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 40.55 mean?
Lu Hai Holding (TPE:2115) has a Days Payable of 40.55 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lu Hai Holding and its competitors. This is near median its historical median of 44.26. Over the past decade, Lu Hai Holding's Days Payable has ranged from 37.61 to 54.48. According to the industry distribution chart, Lu Hai Holding ranks #954 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 72.8%.
Is Lu Hai Holding's Days Payable too high?
Lu Hai Holding's current Days Payable of 40.55 is near median its 10-year median of 44.26. Over the past 10 years, this metric has ranged from a low of 37.61 to a high of 54.48. The Vehicles & Parts industry median Days Payable is 67.02. Lu Hai Holding's value of 40.55 is 39.5% below this industry median. Based on the distribution chart, Lu Hai Holding ranks #954 out of 1310 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lu Hai Holding has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lu Hai Holding's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lu Hai Holding ranks #954 out of 1310 companies for Days Payable. This places Lu Hai Holding in the lower half of its industry. The industry median Days Payable is 67.02. Lu Hai Holding's value of 40.55 is 39.5% below this benchmark. Historically, Lu Hai Holding's own Days Payable has ranged from 37.61 to 54.48 over the past decade. While the company's 10-year median is 44.26 vs. the industry median of 67.02, Lu Hai Holding has consistently been below 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 67.02, based on 1,310 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. Lu Hai Holding's current Days Payable of 40.55 is 39.5% below 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 Lu Hai Holding and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lu Hai Holding's current Days Payable is 40.55, which is near median its own 10-year median of 44.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lu Hai Holding stock overvalued right now?
Based on GuruFocus' analysis, Lu Hai Holding (TPE:2115) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$30.41, compared to a current price of NT$20.70 — trading 31.9% below its estimated fair value. The current Days Payable is 40.55, which is near median its 10-year median of 44.26 and 39.5% below the Vehicles & Parts industry median of 67.02. Lu Hai Holding's overall GF Score™ is 72/100 with 5 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 Lu Hai Holding (TPE:2115), the current Days Payable is 40.55 as of Dec. 2025. 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 Lu Hai Holding (TPE:2115) Overvalued in 2026?

Based on GuruFocus' analysis, Lu Hai Holding stock appears to be undervalued. The current stock price of NT$20.70 is trading 31.9% below its estimated GF Value™ of NT$30.41. GuruFocus considers Lu Hai Holding to be Significantly Undervalued.

Key valuation signals for TPE:2115:

  • Days Payable: 40.55 (near median its 10-year median of 44.26)
  • GF Value™: NT$30.41 vs. price of NT$20.70 (31.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 39.5% below the Vehicles & Parts median (#954 of 1310)

No single metric tells the full story. See the TPE:2115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lu Hai Holding Business Description

Address No. 64, Shing-Kong 5th Road, Tien-Chung Industrial District, Tien-Chung, Chang-Hua, TWN
Lu Hai Holding Corp operates in the auto parts industry. The company is engaged in the production, processing, and sale of tire valves and accessories. The company serves the tire, automobile, truck, and agricultural vehicles industry. Geographically, the company operates in China, Indonesia, and Other regions. The company derives maximum revenue from China.
72GF Score

Get the complete analysis for TPE:2115

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

NT$20.70
Price
NT$30.41
GF Value