Fujian Tietuo Machinery Co (BJSE:920706) Days Payable: 93.96 (As of Mar. 2026) — Near Median

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BJSE:920706 Fujian Tietuo Machinery Co Ltd BJSE:920706
36 GF Score
Price ¥14.61
! 2 Warning Signs
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What is Fujian Tietuo Machinery Co Days Payable?

Fujian Tietuo Machinery Co BJSE:920706 36 Days Payable is 93.96 as of Mar. 2026, which is 8% above its 10-year median of 87.29. GuruFocus rates BJSE:920706 with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, Fujian Tietuo Machinery Co ranks better than 58.44% on this metric.

Fujian Tietuo Machinery Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥62.5 Mil. Fujian Tietuo Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥60.7 Mil. Hence, Fujian Tietuo Machinery Co's Days Payable for the three months ended in Mar. 2026 was 93.96.

The historical rank and industry rank for Fujian Tietuo Machinery Co's Days Payable or its related term are showing as below:

BJSE:920706' s Days Payable Range Over the Past 10 Years
Min: 61.9   Med: 87.29   Max: 111.11
Current: 94.68

During the past 9 years, Fujian Tietuo Machinery Co's highest Days Payable was 111.11. The lowest was 61.90. And the median was 87.29.

BJSE:920706's Days Payable is ranked better than
58.44% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs BJSE:920706: 94.68

Fujian Tietuo Machinery Co's Days Payable declined from Mar. 2025 (103.28) to Mar. 2026 (93.96). It may suggest that Fujian Tietuo Machinery Co accelerated paying its suppliers.


Fujian Tietuo Machinery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Tietuo Machinery 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.

Fujian Tietuo Machinery Co Days Payable Chart

Fujian Tietuo Machinery Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 101.64 61.90 65.40 78.32 101.98

Fujian Tietuo Machinery Co Quarterly Data
Sep20 Dec20 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 103.28 78.16 102.17 117.67 93.96

BJSE:920706 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Fujian Tietuo Machinery 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.


Fujian Tietuo Machinery Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujian Tietuo Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Tietuo Machinery Co's Days Payable falls into.


BJSE:920706
36GF Score
Fujian Tietuo Machinery Co Ltd BJSE:920706
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Tietuo Machinery 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.

Fujian Tietuo Machinery 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
=( (80.83 + 63.589) / 2 ) / 258.459*365
=72.2095 / 258.459*365
=101.98

Fujian Tietuo Machinery 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
=( (63.589 + 61.462) / 2 ) / 60.723*365 / 4
=62.5255 / 60.723*365 / 4
=93.96

* 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 93.96 mean?
Fujian Tietuo Machinery Co (BJSE:920706) has a Days Payable of 93.96 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 Fujian Tietuo Machinery Co and its competitors. This is near median its historical median of 87.29. Over the past decade, Fujian Tietuo Machinery Co's Days Payable has ranged from 61.90 to 111.11. According to the industry distribution chart, Fujian Tietuo Machinery Co ranks #1244 out of 2993 companies in the Industrial Products industry, placing it in the top 41.6%.
Is Fujian Tietuo Machinery Co's Days Payable too high?
Fujian Tietuo Machinery Co's current Days Payable of 93.96 is near median its 10-year median of 87.29. Over the past 10 years, this metric has ranged from a low of 61.90 to a high of 111.11. The Industrial Products industry median Days Payable is 78.08. Fujian Tietuo Machinery Co's value of 93.96 is 20.3% above this industry median. Based on the distribution chart, Fujian Tietuo Machinery Co ranks #1244 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Fujian Tietuo Machinery Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Fujian Tietuo Machinery Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Fujian Tietuo Machinery Co ranks #1244 out of 2993 companies for Days Payable. This puts Fujian Tietuo Machinery Co in the upper half of its industry. The industry median Days Payable is 78.08. Fujian Tietuo Machinery Co's value of 93.96 is 20.3% above this benchmark. Historically, Fujian Tietuo Machinery Co's own Days Payable has ranged from 61.90 to 111.11 over the past decade. While the company's 10-year median is 87.29 vs. the industry median of 78.08, Fujian Tietuo Machinery 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. Fujian Tietuo Machinery Co's current Days Payable of 93.96 is 20.3% 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 Fujian Tietuo Machinery 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. Fujian Tietuo Machinery Co's current Days Payable is 93.96, which is near median its own 10-year median of 87.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Tietuo Machinery Co stock overvalued right now?
Fujian Tietuo Machinery Co (BJSE:920706) has a current Days Payable of 93.96. The current Days Payable is 93.96, which is near median its 10-year median of 87.29 and 20.3% above the Industrial Products industry median of 78.08. Fujian Tietuo Machinery Co's overall GF Score™ is 36/100 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 Fujian Tietuo Machinery Co (BJSE:920706), the current Days Payable is 93.96 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.

Fujian Tietuo Machinery Co Business Description

Address No. 1, Luojiang District Intelligent Equipment Industrial Park, Heshi Town, Luojiang District, Fujian, Quanzhou, CHN, 362013
Fujian Tietuo Machinery Co Ltd is engaged in research & development, production, sales and service of asphalt mixing equipment and supporting equipment.
36GF Score

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