Shanghai Balance Automotive Equipment Co (BJSE:920112) Days Payable: 57.02 (As of Jun. 2026) — 11% Above Median

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BJSE:920112 Shanghai Balance Automotive Equipment Co Ltd BJSE:920112
51 GF Score
Price ¥14.66
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What is Shanghai Balance Automotive Equipment Co Days Payable?

Shanghai Balance Automotive Equipment Co BJSE:920112 51 Days Payable is 57.02 as of Jun. 2026, which is 11% above its 10-year median of 51.55. GuruFocus rates BJSE:920112 with a GF Score™ of 51/100. The stock has 3 warning signs investors should review. Among 3,012 Industrial Products companies, Shanghai Balance Automotive Equipment Co ranks worse than 61.45% on this metric.

Shanghai Balance Automotive Equipment Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥138 Mil. Shanghai Balance Automotive Equipment Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥221 Mil. Hence, Shanghai Balance Automotive Equipment Co's Days Payable for the three months ended in Jun. 2026 was 57.02.

The historical rank and industry rank for Shanghai Balance Automotive Equipment Co's Days Payable or its related term are showing as below:

BJSE:920112' s Days Payable Range Over the Past 10 Years
Min: 47.19   Med: 51.55   Max: 80.63
Current: 60.34

During the past 4 years, Shanghai Balance Automotive Equipment Co's highest Days Payable was 80.63. The lowest was 47.19. And the median was 51.55.

BJSE:920112's Days Payable is ranked worse than
61.45% of 3012 companies
in the Industrial Products industry
Industry Median: 78.575 vs BJSE:920112: 60.34

Shanghai Balance Automotive Equipment Co's Days Payable increased from Jun. 2025 (0.00) to Jun. 2026 (57.02). It may suggest that Shanghai Balance Automotive Equipment Co delayed paying its suppliers.


Shanghai Balance Automotive Equipment Co Days Payable Related Terms


Shanghai Balance Automotive Equipment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Balance Automotive Equipment 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.

Shanghai Balance Automotive Equipment Co Days Payable Chart

Shanghai Balance Automotive Equipment Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
49.32 47.85 46.70 56.62

Shanghai Balance Automotive Equipment Co Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial 0.00 0.00 56.19 63.05 57.02

BJSE:920112 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Balance Automotive Equipment 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.


Shanghai Balance Automotive Equipment Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Balance Automotive Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Balance Automotive Equipment Co's Days Payable falls into.


BJSE:920112
51GF Score
Shanghai Balance Automotive Equipment Co Ltd BJSE:920112
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Balance Automotive Equipment 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.

Shanghai Balance Automotive Equipment 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
=( (108.89169742 + 137.04943798) / 2 ) / 792.77980085*365
=122.9705677 / 792.77980085*365
=56.62

Shanghai Balance Automotive Equipment 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
=( (126.19718362 + 149.47175791) / 2 ) / 220.578383845*365 / 4
=137.834470765 / 220.578383845*365 / 4
=57.02

* 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 57.02 mean?
Shanghai Balance Automotive Equipment Co (BJSE:920112) has a Days Payable of 57.02 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 Shanghai Balance Automotive Equipment Co and its competitors. This is 11% above median its historical median of 51.55. Over the past decade, Shanghai Balance Automotive Equipment Co's Days Payable has ranged from 47.19 to 80.63. According to the industry distribution chart, Shanghai Balance Automotive Equipment Co ranks #1851 out of 3012 companies in the Industrial Products industry, placing it in the top 61.5%.
Is Shanghai Balance Automotive Equipment Co's Days Payable too high?
Shanghai Balance Automotive Equipment Co's current Days Payable of 57.02 is 11% above median its 10-year median of 51.55. Over the past 10 years, this metric has ranged from a low of 47.19 to a high of 80.63. The Industrial Products industry median Days Payable is 78.58. Shanghai Balance Automotive Equipment Co's value of 57.02 is 27.4% below this industry median. Based on the distribution chart, Shanghai Balance Automotive Equipment Co ranks #1851 out of 3012 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shanghai Balance Automotive Equipment Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Balance Automotive Equipment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Balance Automotive Equipment Co ranks #1851 out of 3012 companies for Days Payable. This places Shanghai Balance Automotive Equipment Co in the lower half of its industry. The industry median Days Payable is 78.58. Shanghai Balance Automotive Equipment Co's value of 57.02 is 27.4% below this benchmark. Historically, Shanghai Balance Automotive Equipment Co's own Days Payable has ranged from 47.19 to 80.63 over the past decade. While the company's 10-year median is 51.55 vs. the industry median of 78.58, Shanghai Balance Automotive Equipment Co 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 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. Shanghai Balance Automotive Equipment Co's current Days Payable of 57.02 is 27.4% 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 Shanghai Balance Automotive Equipment 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. Shanghai Balance Automotive Equipment Co's current Days Payable is 57.02, which is 11% above median its own 10-year median of 51.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Balance Automotive Equipment Co stock overvalued right now?
Shanghai Balance Automotive Equipment Co (BJSE:920112) has a current Days Payable of 57.02. The current Days Payable is 57.02, which is 11% above median its 10-year median of 51.55 and 27.4% below the Industrial Products industry median of 78.58. Shanghai Balance Automotive Equipment Co's overall GF Score™ is 51/100 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 Shanghai Balance Automotive Equipment Co (BJSE:920112), the current Days Payable is 57.02 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.

Shanghai Balance Automotive Equipment Co Business Description

Address No. 1010, Xingguang Industrial Village, Anting Town, Jiading District, Shanghai, CHN, 201805
Shanghai Balance Automotive Equipment Co Ltd is engaged in Research and development, production and sales of automobile repair, inspection and maintenance equipment.
51GF Score

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