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NBTM New Materials Group CoSHSE:600114 +7.79%89 Days Payable is 77.69 as of Mar. 2026, which is 31% above its 10-year median of 59.20. GuruFocus rates SHSE:600114 with a GF Score™ of 89/100 and a GF Value™ of ¥23.44 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,306 Vehicles & Parts companies, NBTM New Materials Group Co ranks worse than 51.91% on this metric.
The historical rank and industry rank for NBTM New Materials Group Co's Days Payable or its related term are showing as below:
SHSE:600114'
s Days Payable Range Over the Past 10 Years
Min: 53.87 Med: 59.2 Max: 66.71
Current: 65.57
During the past 13 years, NBTM New Materials Group Co's highest Days Payable was 66.71. The lowest was 53.87. And the median was 59.20.
SHSE:600114's Days Payable is ranked worse than 51.91% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 67.255
vs SHSE:600114: 65.57
* 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.
For the Auto Parts subindustry, NBTM New Materials 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.
NBTM New Materials Group Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NBTM New Materials Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where NBTM New Materials Group Co's Days Payable falls into.
NBTM New Materials Group 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.
* 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.
NBTM New Materials Group Co (SHSE:600114) has a Days Payable of 77.69 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 NBTM New Materials Group Co and its competitors. This is 31% above median its historical median of 59.20. Over the past decade, NBTM New Materials Group Co's Days Payable has ranged from 53.87 to 66.71. According to the industry distribution chart, NBTM New Materials Group Co ranks #678 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 51.9%.
Is NBTM New Materials Group Co's Days Payable too high?
NBTM New Materials Group Co's current Days Payable of 77.69 is 31% above median its 10-year median of 59.20. Over the past 10 years, this metric has ranged from a low of 53.87 to a high of 66.71. The Vehicles & Parts industry median Days Payable is 67.26. NBTM New Materials Group Co's value of 77.69 is 15.5% above this industry median. Based on the distribution chart, NBTM New Materials Group Co ranks #678 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, NBTM New Materials Group Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NBTM New Materials Group Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NBTM New Materials Group Co ranks #678 out of 1306 companies for Days Payable. This places NBTM New Materials Group Co in the lower half of its industry. The industry median Days Payable is 67.26. NBTM New Materials Group Co's value of 77.69 is 15.5% above this benchmark. Historically, NBTM New Materials Group Co's own Days Payable has ranged from 53.87 to 66.71 over the past decade. While the company's 10-year median is 59.20 vs. the industry median of 67.26, NBTM New Materials 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.26, based on 1,306 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. NBTM New Materials Group Co's current Days Payable of 77.69 is 15.5% 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 NBTM New Materials Group Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBTM New Materials Group Co's current Days Payable is 77.69, which is 31% above median its own 10-year median of 59.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBTM New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, NBTM New Materials Group Co (SHSE:600114) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.44, compared to a current price of ¥27.13 — trading 15.7% above its estimated fair value. The current Days Payable is 77.69, which is 31% above median its 10-year median of 59.20 and 15.5% above the Vehicles & Parts industry median of 67.26. NBTM New Materials Group Co's overall GF Score™ is 89/100 with 1 warning sign 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 NBTM New Materials Group Co (SHSE:600114), the current Days Payable is 77.69 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 NBTM New Materials Group Co (SHSE:600114) Overvalued in 2026?
Based on GuruFocus' analysis, NBTM New Materials Group Co stock appears to be overvalued.
The current stock price of ¥27.13 is trading 15.7% above its estimated GF Value™ of ¥23.44.
GuruFocus considers NBTM New Materials Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600114:
Days Payable: 77.69 (31% above median its 10-year median of 59.20)
GF Value™: ¥23.44 vs. price of ¥27.13 (15.7% above fair value)
Industry Position: 15.5% above the Vehicles & Parts median (#678 of 1306)
No single metric tells the full story. See the SHSE:600114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.
89GF Score
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