Modular Industrial Automation Co (BJSE:920119) Days Payable: 147.85 (As of Jun. 2026) — 11% Below Median

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BJSE:920119 Modular Industrial Automation Co Ltd BJSE:920119
18 GF Score
Price ¥50.80
! 1 Warning Sign
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What is Modular Industrial Automation Co Days Payable?

Modular Industrial Automation Co BJSE:920119 18 Days Payable is 147.85 as of Jun. 2026, which is 11% below its 10-year median of 166.35. GuruFocus rates BJSE:920119 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 157 Industrial Distribution companies, Modular Industrial Automation Co ranks better than 89.17% on this metric.

Modular Industrial Automation Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥470 Mil. Modular Industrial Automation Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥290 Mil. Hence, Modular Industrial Automation Co's Days Payable for the three months ended in Jun. 2026 was 147.85.

The historical rank and industry rank for Modular Industrial Automation Co's Days Payable or its related term are showing as below:

BJSE:920119' s Days Payable Range Over the Past 10 Years
Min: 107.28   Med: 166.35   Max: 304.04
Current: 142.53

During the past 4 years, Modular Industrial Automation Co's highest Days Payable was 304.04. The lowest was 107.28. And the median was 166.35.

BJSE:920119's Days Payable is ranked better than
89.17% of 157 companies
in the Industrial Distribution industry
Industry Median: 55.58 vs BJSE:920119: 142.53

Modular Industrial Automation Co's Days Payable increased from Jun. 2025 (136.46) to Jun. 2026 (147.85). It may suggest that Modular Industrial Automation Co delayed paying its suppliers.


Modular Industrial Automation Co Days Payable Related Terms


Modular Industrial Automation Co Days Payable Historical Data

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The historical data trend for Modular Industrial Automation 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.

Modular Industrial Automation Co Days Payable Chart

Modular Industrial Automation Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
304.04 220.21 107.28 112.49

Modular Industrial Automation Co Quarterly Data
Dec22 Dec23 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 136.46 0.00 38.07 120.97 147.85

BJSE:920119 vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Modular Industrial Automation 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.


Modular Industrial Automation Co Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Modular Industrial Automation Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Modular Industrial Automation Co's Days Payable falls into.


BJSE:920119
18GF Score
Modular Industrial Automation Co Ltd BJSE:920119
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Modular Industrial Automation 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.

Modular Industrial Automation 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
=( (174.275 + 364.908) / 2 ) / 874.757*365
=269.5915 / 874.757*365
=112.49

Modular Industrial Automation 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
=( (413.539 + 525.624) / 2 ) / 289.811*365 / 4
=469.5815 / 289.811*365 / 4
=147.85

* 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 147.85 mean?
Modular Industrial Automation Co (BJSE:920119) has a Days Payable of 147.85 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 Modular Industrial Automation Co and its competitors. This is 11% below median its historical median of 166.35. Over the past decade, Modular Industrial Automation Co's Days Payable has ranged from 107.28 to 304.04. According to the industry distribution chart, Modular Industrial Automation Co ranks #17 out of 157 companies in the Industrial Distribution industry, placing it in the top 10.8%.
Is Modular Industrial Automation Co's Days Payable too high?
Modular Industrial Automation Co's current Days Payable of 147.85 is 11% below median its 10-year median of 166.35. Over the past 10 years, this metric has ranged from a low of 107.28 to a high of 304.04. The Industrial Distribution industry median Days Payable is 55.58. Modular Industrial Automation Co's value of 147.85 is 166% above this industry median. Based on the distribution chart, Modular Industrial Automation Co ranks #17 out of 157 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Modular Industrial Automation Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Modular Industrial Automation Co's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Modular Industrial Automation Co ranks #17 out of 157 companies for Days Payable. This places Modular Industrial Automation Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.58. Modular Industrial Automation Co's value of 147.85 is 166% above this benchmark. Historically, Modular Industrial Automation Co's own Days Payable has ranged from 107.28 to 304.04 over the past decade. While the company's 10-year median is 166.35 vs. the industry median of 55.58, Modular Industrial Automation 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 Distribution company?
The median Days Payable among Industrial Distribution companies is 55.58, based on 157 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. Modular Industrial Automation Co's current Days Payable of 147.85 is 166% 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 Modular Industrial Automation Co and its competitors. For the Industrial Distribution industry, the median Days Payable is 55.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modular Industrial Automation Co's current Days Payable is 147.85, which is 11% below median its own 10-year median of 166.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modular Industrial Automation Co stock overvalued right now?
Modular Industrial Automation Co (BJSE:920119) has a current Days Payable of 147.85. The current Days Payable is 147.85, which is 11% below median its 10-year median of 166.35 and 166% above the Industrial Distribution industry median of 55.58. Modular Industrial Automation Co's overall GF Score™ is 18/100 with 1 warning sign 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 Modular Industrial Automation Co (BJSE:920119), the current Days Payable is 147.85 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.

Modular Industrial Automation Co Business Description

Address Bay Industrial Zone, Economic Development Zone, Pulandian District, Liaoning Province, Dalian City, CHN, 116200
Modular Industrial Automation Co Ltd is engaged in the research and development, design, manufacturing and sales of intelligent manufacturing equipment. The company provides intelligent conveying systems and solutions that are used across industries including new energy, automotive components, electronics, and warehousing and logistics. The company's product portfolio includes Intelligent magnetic drive conveyor systems, High-speed intelligent control wheel conveyor systems, Pallet conveyor systems, Logistics conveyor systems, Flexible chain conveyor systems, Basic mechanical components and Protective fence systems.
18GF Score

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