Nanjing Shining Electric Automation Co (BJSE:920299) Days Payable: 101.96 (As of Mar. 2026) — Near Median

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BJSE:920299 Nanjing Shining Electric Automation Co Ltd BJSE:920299
69 GF Score
Price ¥16.92
GF Value ¥10.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nanjing Shining Electric Automation Co Days Payable?

Nanjing Shining Electric Automation Co BJSE:920299 69 Days Payable is 101.96 as of Mar. 2026, which is 2% below its 10-year median of 104.41. GuruFocus rates BJSE:920299 with a GF Score™ of 69/100 and a GF Value™ of ¥10.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, Nanjing Shining Electric Automation Co ranks worse than 50.08% on this metric.

Nanjing Shining Electric Automation Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥13.4 Mil. Nanjing Shining Electric Automation Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥12.0 Mil. Hence, Nanjing Shining Electric Automation Co's Days Payable for the three months ended in Mar. 2026 was 101.96.

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

BJSE:920299' s Days Payable Range Over the Past 10 Years
Min: 71.08   Med: 104.41   Max: 166.41
Current: 78.04

During the past 12 years, Nanjing Shining Electric Automation Co's highest Days Payable was 166.41. The lowest was 71.08. And the median was 104.41.

BJSE:920299's Days Payable is ranked worse than
50.08% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs BJSE:920299: 78.04

Nanjing Shining Electric Automation Co's Days Payable declined from Mar. 2025 (146.45) to Mar. 2026 (101.96). It may suggest that Nanjing Shining Electric Automation Co accelerated paying its suppliers.


Nanjing Shining Electric Automation Co Days Payable Related Terms


Nanjing Shining Electric Automation Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nanjing Shining Electric 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.

Nanjing Shining Electric Automation Co Days Payable Chart

Nanjing Shining Electric Automation Co 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 166.41 139.39 105.70 103.12 97.80

Nanjing Shining Electric Automation 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 146.45 97.94 83.97 56.28 101.96

BJSE:920299 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Nanjing Shining Electric 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.


Nanjing Shining Electric Automation Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nanjing Shining Electric Automation Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Shining Electric Automation Co's Days Payable falls into.


BJSE:920299
69GF Score
Nanjing Shining Electric Automation Co Ltd BJSE:920299
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Shining Electric 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.

Nanjing Shining Electric 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
=( (16.614 + 15.592) / 2 ) / 60.096*365
=16.103 / 60.096*365
=97.80

Nanjing Shining Electric Automation 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
=( (15.592 + 11.269) / 2 ) / 12.02*365 / 4
=13.4305 / 12.02*365 / 4
=101.96

* 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 101.96 mean?
Nanjing Shining Electric Automation Co (BJSE:920299) has a Days Payable of 101.96 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 Nanjing Shining Electric Automation Co and its competitors. This is near median its historical median of 104.41. Over the past decade, Nanjing Shining Electric Automation Co's Days Payable has ranged from 71.08 to 166.41. According to the industry distribution chart, Nanjing Shining Electric Automation Co ranks #1499 out of 2993 companies in the Industrial Products industry, placing it in the top 50.1%.
Is Nanjing Shining Electric Automation Co's Days Payable too high?
Nanjing Shining Electric Automation Co's current Days Payable of 101.96 is near median its 10-year median of 104.41. Over the past 10 years, this metric has ranged from a low of 71.08 to a high of 166.41. The Industrial Products industry median Days Payable is 78.08. Nanjing Shining Electric Automation Co's value of 101.96 is 30.6% above this industry median. Based on the distribution chart, Nanjing Shining Electric Automation Co ranks #1499 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nanjing Shining Electric Automation Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Shining Electric Automation Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nanjing Shining Electric Automation Co ranks #1499 out of 2993 companies for Days Payable. This places Nanjing Shining Electric Automation Co in the lower half of its industry. The industry median Days Payable is 78.08. Nanjing Shining Electric Automation Co's value of 101.96 is 30.6% above this benchmark. Historically, Nanjing Shining Electric Automation Co's own Days Payable has ranged from 71.08 to 166.41 over the past decade. While the company's 10-year median is 104.41 vs. the industry median of 78.08, Nanjing Shining Electric 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 Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 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. Nanjing Shining Electric Automation Co's current Days Payable of 101.96 is 30.6% 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 Nanjing Shining Electric Automation Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Shining Electric Automation Co's current Days Payable is 101.96, which is near median its own 10-year median of 104.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Shining Electric Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Shining Electric Automation Co (BJSE:920299) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.87, compared to a current price of ¥16.92 — trading 55.7% above its estimated fair value. The current Days Payable is 101.96, which is near median its 10-year median of 104.41 and 30.6% above the Industrial Products industry median of 78.08. Nanjing Shining Electric Automation Co's overall GF Score™ is 69/100 with 2 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 Nanjing Shining Electric Automation Co (BJSE:920299), the current Days Payable is 101.96 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 Nanjing Shining Electric Automation Co (BJSE:920299) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Shining Electric Automation Co stock appears to be overvalued. The current stock price of ¥16.92 is trading 55.7% above its estimated GF Value™ of ¥10.87. GuruFocus considers Nanjing Shining Electric Automation Co to be Significantly Overvalued.

Key valuation signals for BJSE:920299:

  • Days Payable: 101.96 (near median its 10-year median of 104.41)
  • GF Value™: ¥10.87 vs. price of ¥16.92 (55.7% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 30.6% above the Industrial Products median (#1499 of 2993)

No single metric tells the full story. See the BJSE:920299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Shining Electric Automation Co Business Description

Address No. 201, Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing City, CHN, 211111
Nanjing Shining Electric Automation Co Ltd engages in the research and development, production, and sales of power quality monitoring equipment and systems. It is also providing technical services such as power quality testing and evaluation. Its product categories comprise Power Quality Monitoring Devices, Power Quality Analyzers, and Power Quality Control Products.
69GF Score

Get the complete analysis for BJSE:920299

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

¥16.92
Price
¥10.87
GF Value