Ningbo United Group CoSHSE:600051 -0.83%55 Days Payable is 224.15 as of Mar. 2026, which is 125% above its 10-year median of 99.71. GuruFocus rates SHSE:600051 with a GF Score™ of 55/100 and a GF Value™ of ¥4.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 153 Industrial Distribution companies, Ningbo United Group Co ranks better than 90.85% on this metric.
The historical rank and industry rank for Ningbo United Group Co's Days Payable or its related term are showing as below:
SHSE:600051'
s Days Payable Range Over the Past 10 Years
Min: 64.12 Med: 99.71 Max: 156.29
Current: 156.29
During the past 13 years, Ningbo United Group Co's highest Days Payable was 156.29. The lowest was 64.12. And the median was 99.71.
SHSE:600051's Days Payable is ranked better than 90.85% of 153
companies
in the Industrial Distribution industry
Industry Median: 56.57
vs SHSE:600051: 156.29
* 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.
SHSE:600051 vs GWW, FAST, FERG: Days Payable Comparison
For the Industrial Distribution subindustry, Ningbo United Group 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.
Ningbo United Group Co Days Payable vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo United Group Co's Days Payable falls into.
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.
Ningbo United Group Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ningbo United Group Co (SHSE:600051) has a Days Payable of 224.15 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 Ningbo United Group Co and its competitors. This is 125% above median its historical median of 99.71. Over the past decade, Ningbo United Group Co's Days Payable has ranged from 64.12 to 156.29. According to the industry distribution chart, Ningbo United Group Co ranks #14 out of 153 companies in the Industrial Distribution industry, placing it in the top 9.2%.
Is Ningbo United Group Co's Days Payable too high?
Ningbo United Group Co's current Days Payable of 224.15 is 125% above median its 10-year median of 99.71. Over the past 10 years, this metric has ranged from a low of 64.12 to a high of 156.29. The Industrial Distribution industry median Days Payable is 56.57. Ningbo United Group Co's value of 224.15 is 296.2% above this industry median. Based on the distribution chart, Ningbo United Group Co ranks #14 out of 153 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo United Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ningbo United Group Co ranks #14 out of 153 companies for Days Payable. This places Ningbo United Group Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.57. Ningbo United Group Co's value of 224.15 is 296.2% above this benchmark. Historically, Ningbo United Group Co's own Days Payable has ranged from 64.12 to 156.29 over the past decade. While the company's 10-year median is 99.71 vs. the industry median of 56.57, Ningbo United Group 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 56.57, based on 153 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. Ningbo United Group Co's current Days Payable of 224.15 is 296.2% 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 Ningbo United Group Co and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo United Group Co's current Days Payable is 224.15, which is 125% above median its own 10-year median of 99.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.26, compared to a current price of ¥5.98 — trading 40.4% above its estimated fair value. The current Days Payable is 224.15, which is 125% above median its 10-year median of 99.71 and 296.2% above the Industrial Distribution industry median of 56.57. Ningbo United Group Co's overall GF Score™ is 55/100 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 Ningbo United Group Co (SHSE:600051), the current Days Payable is 224.15 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 Ningbo United Group Co (SHSE:600051) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued.
The current stock price of ¥5.98 is trading 40.4% above its estimated GF Value™ of ¥4.26.
GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600051:
Days Payable: 224.15 (125% above median its 10-year median of 99.71)
GF Value™: ¥4.26 vs. price of ¥5.98 (40.4% above fair value)
Industry Position: 296.2% above the Industrial Distribution median (#14 of 153)
No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
55GF Score
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