Panzhihua BingYang Technology Co (BJSE:920675) Days Payable: 124.57 (As of Jun. 2026) — Near Median

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BJSE:920675 Panzhihua BingYang Technology Co Ltd BJSE:920675
78 GF Score
Price ¥7.91
GF Value ¥7.58
Valuation Fairly Valued
! 7 Warning Signs
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What is Panzhihua BingYang Technology Co Days Payable?

Panzhihua BingYang Technology Co BJSE:920675 78 Days Payable is 124.57 as of Jun. 2026, which is 3% below its 10-year median of 128.69. GuruFocus rates BJSE:920675 with a GF Score™ of 78/100 and a GF Value™ of ¥7.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,069 Metals & Mining companies, Panzhihua BingYang Technology Co ranks better than 56.13% on this metric.

Panzhihua BingYang Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥122.7 Mil. Panzhihua BingYang Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥89.9 Mil. Hence, Panzhihua BingYang Technology Co's Days Payable for the three months ended in Jun. 2026 was 124.57.

The historical rank and industry rank for Panzhihua BingYang Technology Co's Days Payable or its related term are showing as below:

BJSE:920675' s Days Payable Range Over the Past 10 Years
Min: 25.63   Med: 128.69   Max: 199.43
Current: 179.69

During the past 13 years, Panzhihua BingYang Technology Co's highest Days Payable was 199.43. The lowest was 25.63. And the median was 128.69.

BJSE:920675's Days Payable is ranked better than
56.13% of 1069 companies
in the Metals & Mining industry
Industry Median: 121.7 vs BJSE:920675: 179.69

Panzhihua BingYang Technology Co's Days Payable declined from Jun. 2025 (154.10) to Jun. 2026 (124.57). It may suggest that Panzhihua BingYang Technology Co accelerated paying its suppliers.


Panzhihua BingYang Technology Co Days Payable Related Terms


Panzhihua BingYang Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Panzhihua BingYang Technology 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.

Panzhihua BingYang Technology Co Days Payable Chart

Panzhihua BingYang Technology 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 159.08 134.72 163.58 154.53 199.43

Panzhihua BingYang Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only 154.10 191.12 213.60 210.86 124.57

Panzhihua BingYang Technology Co Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Panzhihua BingYang Technology 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.


Panzhihua BingYang Technology Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Panzhihua BingYang Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Panzhihua BingYang Technology Co's Days Payable falls into.


BJSE:920675
78GF Score
Panzhihua BingYang Technology Co Ltd BJSE:920675
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Panzhihua BingYang Technology 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.

Panzhihua BingYang Technology 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
=( (221.851 + 243.541) / 2 ) / 425.894*365
=232.696 / 425.894*365
=199.43

Panzhihua BingYang Technology 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
=( (134.184 + 111.157) / 2 ) / 89.862*365 / 4
=122.6705 / 89.862*365 / 4
=124.57

* 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 124.57 mean?
Panzhihua BingYang Technology Co (BJSE:920675) has a Days Payable of 124.57 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 Panzhihua BingYang Technology Co and its competitors. This is near median its historical median of 128.69. Over the past decade, Panzhihua BingYang Technology Co's Days Payable has ranged from 25.63 to 199.43. According to the industry distribution chart, Panzhihua BingYang Technology Co ranks #469 out of 1069 companies in the Metals & Mining industry, placing it in the top 43.9%.
Is Panzhihua BingYang Technology Co's Days Payable too high?
Panzhihua BingYang Technology Co's current Days Payable of 124.57 is near median its 10-year median of 128.69. Over the past 10 years, this metric has ranged from a low of 25.63 to a high of 199.43. The Metals & Mining industry median Days Payable is 121.70. Panzhihua BingYang Technology Co's value of 124.57 is 2.4% above this industry median. Based on the distribution chart, Panzhihua BingYang Technology Co ranks #469 out of 1069 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Panzhihua BingYang Technology Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panzhihua BingYang Technology Co's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Panzhihua BingYang Technology Co ranks #469 out of 1069 companies for Days Payable. This puts Panzhihua BingYang Technology Co in the upper half of its industry. The industry median Days Payable is 121.70. Panzhihua BingYang Technology Co's value of 124.57 is 2.4% above this benchmark. Historically, Panzhihua BingYang Technology Co's own Days Payable has ranged from 25.63 to 199.43 over the past decade. While the company's 10-year median is 128.69 vs. the industry median of 121.70, Panzhihua BingYang Technology 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 121.70, based on 1,069 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. Panzhihua BingYang Technology Co's current Days Payable of 124.57 is 2.4% 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 Panzhihua BingYang Technology Co and its competitors. For the Metals & Mining industry, the median Days Payable is 121.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panzhihua BingYang Technology Co's current Days Payable is 124.57, which is near median its own 10-year median of 128.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panzhihua BingYang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Panzhihua BingYang Technology Co (BJSE:920675) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.58, compared to a current price of ¥7.91 — trading 4.4% above its estimated fair value. The current Days Payable is 124.57, which is near median its 10-year median of 128.69 and 2.4% above the Metals & Mining industry median of 121.70. Panzhihua BingYang Technology Co's overall GF Score™ is 78/100 with 7 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 Panzhihua BingYang Technology Co (BJSE:920675), the current Days Payable is 124.57 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.

Is Panzhihua BingYang Technology Co (BJSE:920675) Overvalued in 2026?

Based on GuruFocus' analysis, Panzhihua BingYang Technology Co stock appears to be overvalued. The current stock price of ¥7.91 is trading 4.4% above its estimated GF Value™ of ¥7.58. GuruFocus considers Panzhihua BingYang Technology Co to be Fairly Valued.

Key valuation signals for BJSE:920675:

  • Days Payable: 124.57 (near median its 10-year median of 128.69)
  • GF Value™: ¥7.58 vs. price of ¥7.91 (4.4% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 2.4% above the Metals & Mining median (#469 of 1069)

No single metric tells the full story. See the BJSE:920675 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panzhihua BingYang Technology Co Business Description

Address Vanadium and Titanium Industrial Park, Renhe District, Sichuan Province, Panzhihua, CHN, 617064
Panzhihua BingYang Technology Co Ltd is y is engaged in the research and development, production and sales of a series of fracturing proppants. Fracturing proppants mainly include ceramsite proppants, quartz sand proppants, etc. Fracturing proppants are mainly used for the extraction of oil and natural gas in shale layers. During deep well extraction of oil and natural gas, high closure pressure and low-permeability ore deposits are treated by fracturing, causing the oil and gas-bearing rock formations to crack, and oil and gas are collected from the channels formed by the cracks.
78GF Score

Get the complete analysis for BJSE:920675

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

¥7.91
Price
¥7.58
GF Value