AVIC Airborne Systems Co (SHSE:600372) Days Payable: 624.53 (As of Mar. 2026) — 77% Above Median

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SHSE:600372 AVIC Airborne Systems Co Ltd SHSE:600372
65 GF Score
Price ¥10.93
GF Value ¥11.22
Valuation Fairly Valued
! 5 Warning Signs
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What is AVIC Airborne Systems Co Days Payable?

AVIC Airborne Systems Co SHSE:600372 -2.58% 65 Days Payable is 624.53 as of Mar. 2026, which is 77% above its 10-year median of 352.80. GuruFocus rates SHSE:600372 with a GF Score™ of 65/100 and a GF Value™ of ¥11.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 339 Aerospace & Defense companies, AVIC Airborne Systems Co ranks better than 94.1% on this metric.

AVIC Airborne Systems Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥23,523 Mil. AVIC Airborne Systems Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,437 Mil. Hence, AVIC Airborne Systems Co's Days Payable for the three months ended in Mar. 2026 was 624.53.

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

SHSE:600372' s Days Payable Range Over the Past 10 Years
Min: 230.15   Med: 352.8   Max: 503.42
Current: 503.42

During the past 13 years, AVIC Airborne Systems Co's highest Days Payable was 503.42. The lowest was 230.15. And the median was 352.80.

SHSE:600372's Days Payable is ranked better than
94.1% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs SHSE:600372: 503.42

AVIC Airborne Systems Co's Days Payable increased from Mar. 2025 (565.93) to Mar. 2026 (624.53). It may suggest that AVIC Airborne Systems Co delayed paying its suppliers.


AVIC Airborne Systems Co Days Payable Historical Data

* Premium members only.

The historical data trend for AVIC Airborne Systems 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.

AVIC Airborne Systems Co Days Payable Chart

AVIC Airborne Systems 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 357.47 230.15 338.36 440.76 477.30

AVIC Airborne Systems 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 565.93 453.86 571.68 426.85 624.53

SHSE:600372 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, AVIC Airborne Systems 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.


AVIC Airborne Systems Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVIC Airborne Systems Co's Days Payable distribution charts can be found below:

* The bar in red indicates where AVIC Airborne Systems Co's Days Payable falls into.


SHSE:600372
65GF Score
AVIC Airborne Systems Co Ltd SHSE:600372
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AVIC Airborne Systems 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.

AVIC Airborne Systems 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
=( (21419.138 + 23729.162) / 2 ) / 17262.73*365
=22574.15 / 17262.73*365
=477.30

AVIC Airborne Systems 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
=( (23729.162 + 23315.896) / 2 ) / 3436.871*365 / 4
=23522.529 / 3436.871*365 / 4
=624.53

* 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 624.53 mean?
AVIC Airborne Systems Co (SHSE:600372) has a Days Payable of 624.53 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 AVIC Airborne Systems Co and its competitors. This is 77% above median its historical median of 352.80. Over the past decade, AVIC Airborne Systems Co's Days Payable has ranged from 230.15 to 503.42. According to the industry distribution chart, AVIC Airborne Systems Co ranks #20 out of 339 companies in the Aerospace & Defense industry, placing it in the top 5.9%.
Is AVIC Airborne Systems Co's Days Payable too high?
AVIC Airborne Systems Co's current Days Payable of 624.53 is 77% above median its 10-year median of 352.80. Over the past 10 years, this metric has ranged from a low of 230.15 to a high of 503.42. The Aerospace & Defense industry median Days Payable is 64.65. AVIC Airborne Systems Co's value of 624.53 is 866% above this industry median. Based on the distribution chart, AVIC Airborne Systems Co ranks #20 out of 339 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, AVIC Airborne Systems Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AVIC Airborne Systems Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AVIC Airborne Systems Co ranks #20 out of 339 companies for Days Payable. This places AVIC Airborne Systems Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.65. AVIC Airborne Systems Co's value of 624.53 is 866% above this benchmark. Historically, AVIC Airborne Systems Co's own Days Payable has ranged from 230.15 to 503.42 over the past decade. While the company's 10-year median is 352.80 vs. the industry median of 64.65, AVIC Airborne Systems 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. AVIC Airborne Systems Co's current Days Payable of 624.53 is 866% 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 AVIC Airborne Systems Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVIC Airborne Systems Co's current Days Payable is 624.53, which is 77% above median its own 10-year median of 352.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVIC Airborne Systems Co stock overvalued right now?
Based on GuruFocus' analysis, AVIC Airborne Systems Co (SHSE:600372) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.22, compared to a current price of ¥10.93 — trading 2.6% below its estimated fair value. The current Days Payable is 624.53, which is 77% above median its 10-year median of 352.80 and 866% above the Aerospace & Defense industry median of 64.65. AVIC Airborne Systems Co's overall GF Score™ is 65/100 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 AVIC Airborne Systems Co (SHSE:600372), the current Days Payable is 624.53 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 AVIC Airborne Systems Co (SHSE:600372) Overvalued in 2026?

Based on GuruFocus' analysis, AVIC Airborne Systems Co stock appears to be undervalued. The current stock price of ¥10.93 is trading 2.6% below its estimated GF Value™ of ¥11.22. GuruFocus considers AVIC Airborne Systems Co to be Fairly Valued.

Key valuation signals for SHSE:600372:

  • Days Payable: 624.53 (77% above median its 10-year median of 352.80)
  • GF Value™: ¥11.22 vs. price of ¥10.93 (2.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 866% above the Aerospace & Defense median (#20 of 339)

No single metric tells the full story. See the SHSE:600372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVIC Airborne Systems Co Business Description

Address Jinghai 2nd Road, Beijing Economic and Technological Development Zone, Building 8, Yard 29, Beijing, CHN
AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.
65GF Score

Get the complete analysis for SHSE:600372

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

¥10.93
Price
¥11.22
GF Value