Anhui Tongfeng Electronics Co (SHSE:600237) Days Payable: 115.27 (As of Mar. 2026) — Near Median


SHSE:600237 Anhui Tongfeng Electronics Co Ltd SHSE:600237
71 GF Score
Price ¥11.65
GF Value ¥8.43
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Anhui Tongfeng Electronics Co Days Payable?

Anhui Tongfeng Electronics Co SHSE:600237 +2.55% 71 Days Payable is 115.27 as of Mar. 2026, which is 4% above its 10-year median of 111.14. GuruFocus rates SHSE:600237 with a GF Score™ of 71/100 and a GF Value™ of ¥8.43 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,436 Hardware companies, Anhui Tongfeng Electronics Co ranks better than 68.64% on this metric.

Anhui Tongfeng Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥296 Mil. Anhui Tongfeng Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥234 Mil. Hence, Anhui Tongfeng Electronics Co's Days Payable for the three months ended in Mar. 2026 was 115.27.

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

SHSE:600237' s Days Payable Range Over the Past 10 Years
Min: 91.41   Med: 111.14   Max: 164.15
Current: 101.15

During the past 13 years, Anhui Tongfeng Electronics Co's highest Days Payable was 164.15. The lowest was 91.41. And the median was 111.14.

SHSE:600237's Days Payable is ranked better than
68.64% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:600237: 101.15

Anhui Tongfeng Electronics Co's Days Payable increased from Mar. 2025 (79.40) to Mar. 2026 (115.27). It may suggest that Anhui Tongfeng Electronics Co delayed paying its suppliers.


Anhui Tongfeng Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Anhui Tongfeng 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.

Anhui Tongfeng Electronics Co Days Payable Chart

Anhui Tongfeng 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 92.62 99.02 95.45 91.41 106.30

Anhui Tongfeng 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 79.40 88.85 88.53 126.49 115.27

SHSE:600237 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Anhui Tongfeng 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.


Anhui Tongfeng Electronics Co Days Payable vs Hardware Industry

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

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


SHSE:600237
71GF Score
Anhui Tongfeng Electronics Co Ltd SHSE:600237
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Tongfeng 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.

Anhui Tongfeng 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
=( (248.703 + 342.004) / 2 ) / 1014.192*365
=295.3535 / 1014.192*365
=106.30

Anhui Tongfeng 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
=( (342.004 + 249.451) / 2 ) / 234.094*365 / 4
=295.7275 / 234.094*365 / 4
=115.27

* 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 115.27 mean?
Anhui Tongfeng Electronics Co (SHSE:600237) has a Days Payable of 115.27 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 Anhui Tongfeng Electronics Co and its competitors. This is near median its historical median of 111.14. Over the past decade, Anhui Tongfeng Electronics Co's Days Payable has ranged from 91.41 to 164.15. According to the industry distribution chart, Anhui Tongfeng Electronics Co ranks #764 out of 2436 companies in the Hardware industry, placing it in the top 31.4%.
Is Anhui Tongfeng Electronics Co's Days Payable too high?
Anhui Tongfeng Electronics Co's current Days Payable of 115.27 is near median its 10-year median of 111.14. Over the past 10 years, this metric has ranged from a low of 91.41 to a high of 164.15. The Hardware industry median Days Payable is 69.89. Anhui Tongfeng Electronics Co's value of 115.27 is 64.9% above this industry median. Based on the distribution chart, Anhui Tongfeng Electronics Co ranks #764 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Anhui Tongfeng Electronics Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Tongfeng Electronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Anhui Tongfeng Electronics Co ranks #764 out of 2436 companies for Days Payable. This puts Anhui Tongfeng Electronics Co in the upper half of its industry. The industry median Days Payable is 69.89. Anhui Tongfeng Electronics Co's value of 115.27 is 64.9% above this benchmark. Historically, Anhui Tongfeng Electronics Co's own Days Payable has ranged from 91.41 to 164.15 over the past decade. While the company's 10-year median is 111.14 vs. the industry median of 69.89, Anhui Tongfeng Electronics 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 2,436 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. Anhui Tongfeng Electronics Co's current Days Payable of 115.27 is 64.9% 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 Anhui Tongfeng 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. Anhui Tongfeng Electronics Co's current Days Payable is 115.27, which is near median its own 10-year median of 111.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Tongfeng Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Tongfeng Electronics Co (SHSE:600237) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.43, compared to a current price of ¥11.65 — trading 38.2% above its estimated fair value. The current Days Payable is 115.27, which is near median its 10-year median of 111.14 and 64.9% above the Hardware industry median of 69.89. Anhui Tongfeng Electronics Co's overall GF Score™ is 71/100 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 Anhui Tongfeng Electronics Co (SHSE:600237), the current Days Payable is 115.27 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 Anhui Tongfeng Electronics Co (SHSE:600237) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Tongfeng Electronics Co stock appears to be overvalued. The current stock price of ¥11.65 is trading 38.2% above its estimated GF Value™ of ¥8.43. GuruFocus considers Anhui Tongfeng Electronics Co to be Significantly Overvalued.

Key valuation signals for SHSE:600237:

  • Days Payable: 115.27 (near median its 10-year median of 111.14)
  • GF Value™: ¥8.43 vs. price of ¥11.65 (38.2% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 64.9% above the Hardware median (#764 of 2436)

No single metric tells the full story. See the SHSE:600237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Tongfeng Electronics Co Business Description

Address No.399, Cuihu 3rd Road, Tongfeng Industrial Park, Economic and Technological Development Zone, Anhui Province, Tongling, CHN, 244000
Anhui Tongfeng Electronics Co Ltd is engaged in the development of electronic materials, electronic components and power saving equipment in China. Its products include polypropylene film, AC capacitor, Power electronic capacitor, precision connector and others. The company's products are used across various fields such as home appliances, rail transit, clean energy, power transmission, lighting electronics, electronic circuits, electronic display, modern printing, energy-saving applications, automotive electronics, and ship propulsion.
71GF Score

Get the complete analysis for SHSE:600237

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

¥11.65
Price
¥8.43
GF Value