Niu Technologies (MEX:NIUN) Days Payable: 90.74 (As of Mar. 2026) — 36% Above Median


MEX:NIUN Niu Technologies MEX:NIUN
59 GF Score
Price MXN34.00
GF Value MXN64.18
! 3 Warning Signs
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What is Niu Technologies Days Payable?

Niu Technologies MEX:NIUN 59 Days Payable is 90.74 as of Mar. 2026, which is 36% above its 10-year median of 66.51. GuruFocus rates MEX:NIUN with a GF Score™ of 59/100 and a GF Value™ of MXN64.18. The stock has 3 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Niu Technologies ranks better than 65.58% on this metric.

Niu Technologies's average Accounts Payable for the three months ended in Mar. 2026 was MXN1,954 Mil. Niu Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN1,965 Mil. Hence, Niu Technologies's Days Payable for the three months ended in Mar. 2026 was 90.74.

The historical rank and industry rank for Niu Technologies's Days Payable or its related term are showing as below:

MEX:NIUN' s Days Payable Range Over the Past 10 Years
Min: 49.38   Med: 66.51   Max: 95.26
Current: 91.58

During the past 10 years, Niu Technologies's highest Days Payable was 95.26. The lowest was 49.38. And the median was 66.51.

MEX:NIUN's Days Payable is ranked better than
65.58% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs MEX:NIUN: 91.58

Niu Technologies's Days Payable declined from Mar. 2025 (125.28) to Mar. 2026 (90.74). It may suggest that Niu Technologies accelerated paying its suppliers.


Niu Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Niu Technologies'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.

Niu Technologies Days Payable Chart

Niu Technologies 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 57.61 78.89 97.89 88.11 88.39

Niu Technologies 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 125.28 84.08 84.10 159.38 90.74

MEX:NIUN vs EMPD, FFAI, SEV: Days Payable Comparison

For the Auto Manufacturers subindustry, Niu Technologies'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.


Niu Technologies Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Niu Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Niu Technologies's Days Payable falls into.


MEX:NIUN
59GF Score
Niu Technologies MEX:NIUN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Niu Technologies 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.

Niu Technologies'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
=( (2489.31 + 1799.979) / 2 ) / 8856.35*365
=2144.6445 / 8856.35*365
=88.39

Niu Technologies'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
=( (1799.979 + 2107.843) / 2 ) / 1964.876*365 / 4
=1953.911 / 1964.876*365 / 4
=90.74

* 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 90.74 mean?
Niu Technologies (MEX:NIUN) has a Days Payable of 90.74 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 Niu Technologies and its competitors. This is 36% above median its historical median of 66.51. Over the past decade, Niu Technologies' Days Payable has ranged from 49.38 to 95.26. According to the industry distribution chart, Niu Technologies ranks #452 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 34.4%.
Is Niu Technologies' Days Payable too high?
Niu Technologies' current Days Payable of 90.74 is 36% above median its 10-year median of 66.51. Over the past 10 years, this metric has ranged from a low of 49.38 to a high of 95.26. The Vehicles & Parts industry median Days Payable is 67.12. Niu Technologies' value of 90.74 is 35.2% above this industry median. Based on the distribution chart, Niu Technologies ranks #452 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Niu Technologies has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Niu Technologies' Days Payable compare to EMPD and FFAI?
According to the Vehicles & Parts industry distribution chart, Niu Technologies ranks #452 out of 1313 companies for Days Payable. This puts Niu Technologies in the upper half of its industry. The industry median Days Payable is 67.12. Niu Technologies' value of 90.74 is 35.2% above this benchmark. Historically, Niu Technologies' own Days Payable has ranged from 49.38 to 95.26 over the past decade. While the company's 10-year median is 66.51 vs. the industry median of 67.12, Niu Technologies 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Niu Technologies's current Days Payable of 90.74 is 35.2% 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 Niu Technologies and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niu Technologies's current Days Payable is 90.74, which is 36% above median its own 10-year median of 66.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niu Technologies stock overvalued right now?
Niu Technologies (MEX:NIUN) has a current Days Payable of 90.74. The stock's GF Value™ is MXN64.18, compared to a current price of MXN34.00 — trading 47% below its estimated fair value. The current Days Payable is 90.74, which is 36% above median its 10-year median of 66.51 and 35.2% above the Vehicles & Parts industry median of 67.12. Niu Technologies' overall GF Score™ is 59/100 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 Niu Technologies (MEX:NIUN), the current Days Payable is 90.74 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 Niu Technologies (MEX:NIUN) Overvalued in 2026?

Based on GuruFocus' analysis, Niu Technologies stock appears to be undervalued. The current stock price of MXN34.00 is trading 47% below its estimated GF Value™ of MXN64.18.

Key valuation signals for MEX:NIUN:

  • Days Payable: 90.74 (36% above median its 10-year median of 66.51)
  • GF Value™: MXN64.18 vs. price of MXN34.00 (47% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 35.2% above the Vehicles & Parts median (#452 of 1313)

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


Niu Technologies Business Description

Other Exchanges NIU:USA0A54:UK0O9:Germany
Address No. 34 Chuangyuan Road, 23rd Floor, Building C, Rongxin Technology Center, Chaoyang District, Beijing, CHN, 100012
Niu Technologies designs, manufactures, and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of electric motorcycles, mopeds, and bicycle series, including the NQi, MQi, UQi, FQi series, and others, and micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. The company's principal operations and geographic markets are predominantly in the People's Republic of China. It also generates revenue from Europe and other regions.
59GF Score

Get the complete analysis for MEX:NIUN

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

MXN34.00
Price
MXN64.18
GF Value