Shenzhen Kaifa Technology (Chengdu) Co (BJSE:920029) Days Payable: 96.19 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920029 Shenzhen Kaifa Technology (Chengdu) Co Ltd BJSE:920029
46 GF Score
Price ¥31.94
! 5 Warning Signs
View Full Analysis

What is Shenzhen Kaifa Technology (Chengdu) Co Days Payable?

Shenzhen Kaifa Technology (Chengdu) Co BJSE:920029 46 Days Payable is 96.19 as of Jun. 2026, which is 4% below its 10-year median of 100.42. GuruFocus rates BJSE:920029 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 3,012 Industrial Products companies, Shenzhen Kaifa Technology (Chengdu) Co ranks better than 62.38% on this metric.

Shenzhen Kaifa Technology (Chengdu) Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥558 Mil. Shenzhen Kaifa Technology (Chengdu) Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥529 Mil. Hence, Shenzhen Kaifa Technology (Chengdu) Co's Days Payable for the three months ended in Jun. 2026 was 96.19.

The historical rank and industry rank for Shenzhen Kaifa Technology (Chengdu) Co's Days Payable or its related term are showing as below:

BJSE:920029' s Days Payable Range Over the Past 10 Years
Min: 90.9   Med: 100.42   Max: 108.61
Current: 105.38

During the past 6 years, Shenzhen Kaifa Technology (Chengdu) Co's highest Days Payable was 108.61. The lowest was 90.90. And the median was 100.42.

BJSE:920029's Days Payable is ranked better than
62.38% of 3012 companies
in the Industrial Products industry
Industry Median: 78.575 vs BJSE:920029: 105.38

Shenzhen Kaifa Technology (Chengdu) Co's Days Payable increased from Jun. 2025 (94.82) to Jun. 2026 (96.19). It may suggest that Shenzhen Kaifa Technology (Chengdu) Co delayed paying its suppliers.


Shenzhen Kaifa Technology (Chengdu) Co Days Payable Related Terms


Shenzhen Kaifa Technology (Chengdu) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen Kaifa Technology (Chengdu) 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.

Shenzhen Kaifa Technology (Chengdu) Co Days Payable Chart

Shenzhen Kaifa Technology (Chengdu) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 108.61 99.19 96.47 101.65 102.75

Shenzhen Kaifa Technology (Chengdu) Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 94.82 107.96 87.19 132.23 96.19

BJSE:920029 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Shenzhen Kaifa Technology (Chengdu) 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.


Shenzhen Kaifa Technology (Chengdu) Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Kaifa Technology (Chengdu) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Kaifa Technology (Chengdu) Co's Days Payable falls into.


BJSE:920029
46GF Score
Shenzhen Kaifa Technology (Chengdu) Co Ltd BJSE:920029
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Kaifa Technology (Chengdu) 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.

Shenzhen Kaifa Technology (Chengdu) 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
=( (611.394 + 420.741) / 2 ) / 1833.275*365
=516.0675 / 1833.275*365
=102.75

Shenzhen Kaifa Technology (Chengdu) Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (552.151 + 563.97) / 2 ) / 529.424*365 / 4
=558.0605 / 529.424*365 / 4
=96.19

* 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 96.19 mean?
Shenzhen Kaifa Technology (Chengdu) Co (BJSE:920029) has a Days Payable of 96.19 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shenzhen Kaifa Technology (Chengdu) Co and its competitors. This is near median its historical median of 100.42. Over the past decade, Shenzhen Kaifa Technology (Chengdu) Co's Days Payable has ranged from 90.90 to 108.61. According to the industry distribution chart, Shenzhen Kaifa Technology (Chengdu) Co ranks #1133 out of 3012 companies in the Industrial Products industry, placing it in the top 37.6%.
Is Shenzhen Kaifa Technology (Chengdu) Co's Days Payable too high?
Shenzhen Kaifa Technology (Chengdu) Co's current Days Payable of 96.19 is near median its 10-year median of 100.42. Over the past 10 years, this metric has ranged from a low of 90.90 to a high of 108.61. The Industrial Products industry median Days Payable is 78.58. Shenzhen Kaifa Technology (Chengdu) Co's value of 96.19 is 22.4% above this industry median. Based on the distribution chart, Shenzhen Kaifa Technology (Chengdu) Co ranks #1133 out of 3012 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shenzhen Kaifa Technology (Chengdu) Co has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kaifa Technology (Chengdu) Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shenzhen Kaifa Technology (Chengdu) Co ranks #1133 out of 3012 companies for Days Payable. This puts Shenzhen Kaifa Technology (Chengdu) Co in the upper half of its industry. The industry median Days Payable is 78.58. Shenzhen Kaifa Technology (Chengdu) Co's value of 96.19 is 22.4% above this benchmark. Historically, Shenzhen Kaifa Technology (Chengdu) Co's own Days Payable has ranged from 90.90 to 108.61 over the past decade. While the company's 10-year median is 100.42 vs. the industry median of 78.58, Shenzhen Kaifa Technology (Chengdu) 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 78.58, based on 3,012 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. Shenzhen Kaifa Technology (Chengdu) Co's current Days Payable of 96.19 is 22.4% 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 Shenzhen Kaifa Technology (Chengdu) Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kaifa Technology (Chengdu) Co's current Days Payable is 96.19, which is near median its own 10-year median of 100.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kaifa Technology (Chengdu) Co stock overvalued right now?
Shenzhen Kaifa Technology (Chengdu) Co (BJSE:920029) has a current Days Payable of 96.19. The current Days Payable is 96.19, which is near median its 10-year median of 100.42 and 22.4% above the Industrial Products industry median of 78.58. Shenzhen Kaifa Technology (Chengdu) Co's overall GF Score™ is 46/100 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 Shenzhen Kaifa Technology (Chengdu) Co (BJSE:920029), the current Days Payable is 96.19 as of Jun. 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.

Shenzhen Kaifa Technology (Chengdu) Co Business Description

Address No. 99, Tianquan Road, High-tech Zone, Sichuan, Chengdu, CHN, 611731
Shenzhen Kaifa Technology (Chengdu) Co Ltd is engaged in the Research and development, production and sales of smart metering terminals such as smart electricity, water and gas meters and AMI system software.
46GF Score

Get the complete analysis for BJSE:920029

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

¥31.94
Price