Chengdu Xuguang Electronics Co (SHSE:600353) Days Payable: 187.64 (As of Mar. 2026) — 33% Above Median


SHSE:600353 Chengdu Xuguang Electronics Co Ltd SHSE:600353
76 GF Score
Price ¥40.88
GF Value ¥9.54
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Chengdu Xuguang Electronics Co Days Payable?

Chengdu Xuguang Electronics Co SHSE:600353 +10.01% 76 Days Payable is 187.64 as of Mar. 2026, which is 33% above its 10-year median of 141.07. GuruFocus rates SHSE:600353 with a GF Score™ of 76/100 and a GF Value™ of ¥9.54 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,987 Industrial Products companies, Chengdu Xuguang Electronics Co ranks better than 81.32% on this metric.

Chengdu Xuguang Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥594 Mil. Chengdu Xuguang Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥289 Mil. Hence, Chengdu Xuguang Electronics Co's Days Payable for the three months ended in Mar. 2026 was 187.64.

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

SHSE:600353' s Days Payable Range Over the Past 10 Years
Min: 116.02   Med: 141.07   Max: 172.47
Current: 172.47

During the past 13 years, Chengdu Xuguang Electronics Co's highest Days Payable was 172.47. The lowest was 116.02. And the median was 141.07.

SHSE:600353's Days Payable is ranked better than
81.32% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:600353: 172.47

Chengdu Xuguang Electronics Co's Days Payable declined from Mar. 2025 (196.19) to Mar. 2026 (187.64). It may suggest that Chengdu Xuguang Electronics Co accelerated paying its suppliers.


Chengdu Xuguang Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chengdu Xuguang 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.

Chengdu Xuguang Electronics Co Days Payable Chart

Chengdu Xuguang 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 116.02 130.97 151.99 148.97 165.68

Chengdu Xuguang 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 196.19 158.61 192.59 159.63 187.64

SHSE:600353 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Chengdu Xuguang 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.


Chengdu Xuguang Electronics Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chengdu Xuguang Electronics Co's Days Payable distribution charts can be found below:

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


SHSE:600353
76GF Score
Chengdu Xuguang Electronics Co Ltd SHSE:600353
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chengdu Xuguang 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.

Chengdu Xuguang 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
=( (539.033 + 591.461) / 2 ) / 1245.242*365
=565.247 / 1245.242*365
=165.68

Chengdu Xuguang 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
=( (591.461 + 596.057) / 2 ) / 288.751*365 / 4
=593.759 / 288.751*365 / 4
=187.64

* 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 187.64 mean?
Chengdu Xuguang Electronics Co (SHSE:600353) has a Days Payable of 187.64 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 Chengdu Xuguang Electronics Co and its competitors. This is 33% above median its historical median of 141.07. Over the past decade, Chengdu Xuguang Electronics Co's Days Payable has ranged from 116.02 to 172.47. According to the industry distribution chart, Chengdu Xuguang Electronics Co ranks #558 out of 2987 companies in the Industrial Products industry, placing it in the top 18.7%.
Is Chengdu Xuguang Electronics Co's Days Payable too high?
Chengdu Xuguang Electronics Co's current Days Payable of 187.64 is 33% above median its 10-year median of 141.07. Over the past 10 years, this metric has ranged from a low of 116.02 to a high of 172.47. The Industrial Products industry median Days Payable is 78.05. Chengdu Xuguang Electronics Co's value of 187.64 is 140.4% above this industry median. Based on the distribution chart, Chengdu Xuguang Electronics Co ranks #558 out of 2987 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Xuguang Electronics Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Xuguang Electronics Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Chengdu Xuguang Electronics Co ranks #558 out of 2987 companies for Days Payable. This places Chengdu Xuguang Electronics Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Chengdu Xuguang Electronics Co's value of 187.64 is 140.4% above this benchmark. Historically, Chengdu Xuguang Electronics Co's own Days Payable has ranged from 116.02 to 172.47 over the past decade. While the company's 10-year median is 141.07 vs. the industry median of 78.05, Chengdu Xuguang 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Chengdu Xuguang Electronics Co's current Days Payable of 187.64 is 140.4% 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 Chengdu Xuguang Electronics Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Xuguang Electronics Co's current Days Payable is 187.64, which is 33% above median its own 10-year median of 141.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Xuguang Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Xuguang Electronics Co (SHSE:600353) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.54, compared to a current price of ¥40.88 — trading 328.5% above its estimated fair value. The current Days Payable is 187.64, which is 33% above median its 10-year median of 141.07 and 140.4% above the Industrial Products industry median of 78.05. Chengdu Xuguang Electronics Co's overall GF Score™ is 76/100 with 8 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 Chengdu Xuguang Electronics Co (SHSE:600353), the current Days Payable is 187.64 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 Chengdu Xuguang Electronics Co (SHSE:600353) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Xuguang Electronics Co stock appears to be overvalued. The current stock price of ¥40.88 is trading 328.5% above its estimated GF Value™ of ¥9.54. GuruFocus considers Chengdu Xuguang Electronics Co to be Significantly Overvalued.

Key valuation signals for SHSE:600353:

  • Days Payable: 187.64 (33% above median its 10-year median of 141.07)
  • GF Value™: ¥9.54 vs. price of ¥40.88 (328.5% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 140.4% above the Industrial Products median (#558 of 2987)

No single metric tells the full story. See the SHSE:600353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu Xuguang Electronics Co Business Description

Address No. 172 Dianzi Road, Xindu Town, Xindu County, Chengdu, Sichuan, CHN, 610500
Chengdu Xuguang Electronics Co Ltd is engaged in the manufacture and sale of ceramic-metal electro-vacuum devices. It offers a product and services such as ceramic metallization, vacuum electronic components, high and low voltage power distribution equipment, fiber optic active components, and other special equipment for electronic industries.
76GF Score

Get the complete analysis for SHSE:600353

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

¥40.88
Price
¥9.54
GF Value