Fujian Furi Electronics Co (SHSE:600203) Days Payable: 69.52 (As of Mar. 2026) — 20% Below Median

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SHSE:600203 Fujian Furi Electronics Co Ltd SHSE:600203
55 GF Score
Price ¥10.73
GF Value ¥12.32
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Fujian Furi Electronics Co Days Payable?

Fujian Furi Electronics Co SHSE:600203 -9.98% 55 Days Payable is 69.52 as of Mar. 2026, which is 20% below its 10-year median of 86.88. GuruFocus rates SHSE:600203 with a GF Score™ of 55/100 and a GF Value™ of ¥12.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, Fujian Furi Electronics Co ranks worse than 54.56% on this metric.

Fujian Furi Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,828 Mil. Fujian Furi Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,712 Mil. Hence, Fujian Furi Electronics Co's Days Payable for the three months ended in Mar. 2026 was 69.52.

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

SHSE:600203' s Days Payable Range Over the Past 10 Years
Min: 64.4   Med: 86.88   Max: 113.18
Current: 64.4

During the past 13 years, Fujian Furi Electronics Co's highest Days Payable was 113.18. The lowest was 64.40. And the median was 86.88.

SHSE:600203's Days Payable is ranked worse than
54.56% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:600203: 64.40

Fujian Furi Electronics Co's Days Payable declined from Mar. 2025 (104.75) to Mar. 2026 (69.52). It may suggest that Fujian Furi Electronics Co accelerated paying its suppliers.


Fujian Furi Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fujian Furi Electronics 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 Furi Electronics Co Days Payable Chart

Fujian Furi Electronics 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 84.07 86.64 93.72 83.90 79.62

Fujian Furi Electronics 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 104.75 68.30 64.29 65.89 69.52

SHSE:600203 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Fujian Furi Electronics 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 Furi Electronics Co Days Payable vs Hardware Industry

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

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


SHSE:600203
55GF Score
Fujian Furi Electronics Co Ltd SHSE:600203
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Furi Electronics 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 Furi Electronics 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
=( (2276.948 + 3296.007) / 2 ) / 12774.524*365
=2786.4775 / 12774.524*365
=79.62

Fujian Furi Electronics 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
=( (3296.007 + 2359.413) / 2 ) / 3711.813*365 / 4
=2827.71 / 3711.813*365 / 4
=69.52

* 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 69.52 mean?
Fujian Furi Electronics Co (SHSE:600203) has a Days Payable of 69.52 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 Furi Electronics Co and its competitors. This is 20% below median its historical median of 86.88. Over the past decade, Fujian Furi Electronics Co's Days Payable has ranged from 64.40 to 113.18. According to the industry distribution chart, Fujian Furi Electronics Co ranks #1333 out of 2443 companies in the Hardware industry, placing it in the top 54.6%.
Is Fujian Furi Electronics Co's Days Payable too high?
Fujian Furi Electronics Co's current Days Payable of 69.52 is 20% below median its 10-year median of 86.88. Over the past 10 years, this metric has ranged from a low of 64.40 to a high of 113.18. The Hardware industry median Days Payable is 69.89. Fujian Furi Electronics Co's value of 69.52 is 0.5% below this industry median. Based on the distribution chart, Fujian Furi Electronics Co ranks #1333 out of 2443 companies in the Hardware industry, which is below the industry midpoint. Overall, Fujian Furi Electronics Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Furi Electronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Fujian Furi Electronics Co ranks #1333 out of 2443 companies for Days Payable. This places Fujian Furi Electronics Co in the lower half of its industry. The industry median Days Payable is 69.89. Fujian Furi Electronics Co's value of 69.52 is 0.5% below this benchmark. Historically, Fujian Furi Electronics Co's own Days Payable has ranged from 64.40 to 113.18 over the past decade. While the company's 10-year median is 86.88 vs. the industry median of 69.89, Fujian Furi Electronics Co has consistently been below 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. Fujian Furi Electronics Co's current Days Payable of 69.52 is 0.5% below 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 Furi Electronics 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. Fujian Furi Electronics Co's current Days Payable is 69.52, which is 20% below median its own 10-year median of 86.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Furi Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Furi Electronics Co (SHSE:600203) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.32, compared to a current price of ¥10.73 — trading 12.9% below its estimated fair value. The current Days Payable is 69.52, which is 20% below median its 10-year median of 86.88 and 0.5% below the Hardware industry median of 69.89. Fujian Furi Electronics Co's overall GF Score™ is 55/100 with 5 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 Furi Electronics Co (SHSE:600203), the current Days Payable is 69.52 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 Fujian Furi Electronics Co (SHSE:600203) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Furi Electronics Co stock appears to be undervalued. The current stock price of ¥10.73 is trading 12.9% below its estimated GF Value™ of ¥12.32. GuruFocus considers Fujian Furi Electronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:600203:

  • Days Payable: 69.52 (20% below median its 10-year median of 86.88)
  • GF Value™: ¥12.32 vs. price of ¥10.73 (12.9% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 0.5% below the Hardware median (#1333 of 2443)

No single metric tells the full story. See the SHSE:600203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Furi Electronics Co Business Description

Address Wuyi North Road, Floor 12-13, Building 2, Zhengxiang Business Center, No. 153, Fujian Province, Fuzhou, CHN, 350005
Fujian Furi Electronics Co Ltd is engaged in manufacturing of display devices, light emitting diodes, lighting fixtures, electric light source parts, communication terminal equipment, photovoltaic equipment and components, and intelligent control systems.
55GF Score

Get the complete analysis for SHSE:600203

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

¥10.73
Price
¥12.32
GF Value