Ningbo Bird Co (SHSE:600130) Days Payable: 118.42 (As of Mar. 2026) — 28% Above Median

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SHSE:600130 Ningbo Bird Co Ltd SHSE:600130
66 GF Score
Price ¥3.60
GF Value ¥4.65
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ningbo Bird Co Days Payable?

Ningbo Bird Co SHSE:600130 -8.86% 66 Days Payable is 118.42 as of Mar. 2026, which is 28% above its 10-year median of 92.24. GuruFocus rates SHSE:600130 with a GF Score™ of 66/100 and a GF Value™ of ¥4.65 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,443 Hardware companies, Ningbo Bird Co ranks better than 68.97% on this metric.

Ningbo Bird Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥137.8 Mil. Ningbo Bird Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥106.1 Mil. Hence, Ningbo Bird Co's Days Payable for the three months ended in Mar. 2026 was 118.42.

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

SHSE:600130' s Days Payable Range Over the Past 10 Years
Min: 33.49   Med: 92.24   Max: 119.7
Current: 101.78

During the past 13 years, Ningbo Bird Co's highest Days Payable was 119.70. The lowest was 33.49. And the median was 92.24.

SHSE:600130's Days Payable is ranked better than
68.97% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:600130: 101.78

Ningbo Bird Co's Days Payable declined from Mar. 2025 (119.99) to Mar. 2026 (118.42). It may suggest that Ningbo Bird Co accelerated paying its suppliers.


Ningbo Bird Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbo Bird 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.

Ningbo Bird Co Days Payable Chart

Ningbo Bird 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 97.38 94.79 93.26 119.70 112.35

Ningbo Bird Co 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 119.99 79.99 113.10 96.40 118.42

SHSE:600130 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Ningbo Bird 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 Bird Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Ningbo Bird Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Bird Co's Days Payable falls into.


SHSE:600130
66GF Score
Ningbo Bird Co Ltd SHSE:600130
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Bird 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.

Ningbo Bird 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
=( (117.14 + 127.366) / 2 ) / 397.165*365
=122.253 / 397.165*365
=112.35

Ningbo Bird 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
=( (127.366 + 148.149) / 2 ) / 106.147*365 / 4
=137.7575 / 106.147*365 / 4
=118.42

* 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 118.42 mean?
Ningbo Bird Co (SHSE:600130) has a Days Payable of 118.42 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 Bird Co and its competitors. This is 28% above median its historical median of 92.24. Over the past decade, Ningbo Bird Co's Days Payable has ranged from 33.49 to 119.70. According to the industry distribution chart, Ningbo Bird Co ranks #758 out of 2443 companies in the Hardware industry, placing it in the top 31%.
Is Ningbo Bird Co's Days Payable too high?
Ningbo Bird Co's current Days Payable of 118.42 is 28% above median its 10-year median of 92.24. Over the past 10 years, this metric has ranged from a low of 33.49 to a high of 119.70. The Hardware industry median Days Payable is 69.89. Ningbo Bird Co's value of 118.42 is 69.4% above this industry median. Based on the distribution chart, Ningbo Bird Co ranks #758 out of 2443 companies in the Hardware industry, which is above the industry midpoint. Overall, Ningbo Bird Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Bird Co's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Ningbo Bird Co ranks #758 out of 2443 companies for Days Payable. This puts Ningbo Bird Co in the upper half of its industry. The industry median Days Payable is 69.89. Ningbo Bird Co's value of 118.42 is 69.4% above this benchmark. Historically, Ningbo Bird Co's own Days Payable has ranged from 33.49 to 119.70 over the past decade. While the company's 10-year median is 92.24 vs. the industry median of 69.89, Ningbo Bird 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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 Bird Co's current Days Payable of 118.42 is 69.4% 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 Ningbo Bird Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Bird Co's current Days Payable is 118.42, which is 28% above median its own 10-year median of 92.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Bird Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Bird Co (SHSE:600130) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.65, compared to a current price of ¥3.60 — trading 22.6% below its estimated fair value. The current Days Payable is 118.42, which is 28% above median its 10-year median of 92.24 and 69.4% above the Hardware industry median of 69.89. Ningbo Bird Co's overall GF Score™ is 66/100 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 Ningbo Bird Co (SHSE:600130), the current Days Payable is 118.42 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 Bird Co (SHSE:600130) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Bird Co stock appears to be undervalued. The current stock price of ¥3.60 is trading 22.6% below its estimated GF Value™ of ¥4.65. GuruFocus considers Ningbo Bird Co to be Modestly Undervalued.

Key valuation signals for SHSE:600130:

  • Days Payable: 118.42 (28% above median its 10-year median of 92.24)
  • GF Value™: ¥4.65 vs. price of ¥3.60 (22.6% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 69.4% above the Hardware median (#758 of 2443)

No single metric tells the full story. See the SHSE:600130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Bird Co Business Description

Address No. 999 Dacheng East Road, Fenghua, Ningbo, Zhejiang, CHN, 315500
Ningbo Bird Co Ltd is engaged in producing and selling mobile phones, palm computers, and system equipment in China. It offers Android, bar, qwerty, and clamshell phones; and tablets. The company also exports its products to various countries, including France, Italy, other Europe countries, Russia, India, Mexico, Brazil, and other countries.
66GF Score

Get the complete analysis for SHSE:600130

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

¥3.60
Price
¥4.65
GF Value