* 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.
For the Electronic Components subindustry, Guangdong Mingzhu Group 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.
Guangdong Mingzhu Group Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Guangdong Mingzhu Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Guangdong Mingzhu Group Co's Days Payable falls into.
Guangdong Mingzhu Group 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.
* 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.
Guangdong Mingzhu Group Co (SHSE:600382) has a Days Payable of 62.17 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 Guangdong Mingzhu Group Co and its competitors. This is 16% below median its historical median of 74.06. Over the past decade, Guangdong Mingzhu Group Co's Days Payable has ranged from 22.52 to 167.33. According to the industry distribution chart, Guangdong Mingzhu Group Co ranks #1536 out of 2438 companies in the Hardware industry, placing it in the top 63%.
Is Guangdong Mingzhu Group Co's Days Payable too high?
Guangdong Mingzhu Group Co's current Days Payable of 62.17 is 16% below median its 10-year median of 74.06. Over the past 10 years, this metric has ranged from a low of 22.52 to a high of 167.33. The Hardware industry median Days Payable is 69.82. Guangdong Mingzhu Group Co's value of 62.17 is 11% below this industry median. Based on the distribution chart, Guangdong Mingzhu Group Co ranks #1536 out of 2438 companies in the Hardware industry, which is below the industry midpoint. Overall, Guangdong Mingzhu Group 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 Guangdong Mingzhu Group Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Guangdong Mingzhu Group Co ranks #1536 out of 2438 companies for Days Payable. This places Guangdong Mingzhu Group Co in the lower half of its industry. The industry median Days Payable is 69.82. Guangdong Mingzhu Group Co's value of 62.17 is 11% below this benchmark. Historically, Guangdong Mingzhu Group Co's own Days Payable has ranged from 22.52 to 167.33 over the past decade. While the company's 10-year median is 74.06 vs. the industry median of 69.82, Guangdong Mingzhu Group 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 69.82, based on 2,438 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. Guangdong Mingzhu Group Co's current Days Payable of 62.17 is 11% 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 Guangdong Mingzhu Group Co and its competitors. For the Hardware industry, the median Days Payable is 69.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Mingzhu Group Co's current Days Payable is 62.17, which is 16% below median its own 10-year median of 74.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Mingzhu Group Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Mingzhu Group Co (SHSE:600382) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.19, compared to a current price of ¥6.17 — trading 24.7% below its estimated fair value. The current Days Payable is 62.17, which is 16% below median its 10-year median of 74.06 and 11% below the Hardware industry median of 69.82. Guangdong Mingzhu Group Co's overall GF Score™ is 66/100 with 4 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 Guangdong Mingzhu Group Co (SHSE:600382), the current Days Payable is 62.17 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 Guangdong Mingzhu Group Co (SHSE:600382) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Mingzhu Group Co stock appears to be undervalued.
The current stock price of ¥6.17 is trading 24.7% below its estimated GF Value™ of ¥8.19.
GuruFocus considers Guangdong Mingzhu Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600382:
Days Payable: 62.17 (16% below median its 10-year median of 74.06)
GF Value™: ¥8.19 vs. price of ¥6.17 (24.7% below fair value)
Industry Position: 11% below the Hardware median (#1536 of 2438)
No single metric tells the full story. See the SHSE:600382 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Mingzhu Group Co Ltd manufactures and distributes general machinery, metal products, automobile parts, rubber products and clothing. It also engages in the smelting of non-ferrous metals and ferrous metals.
66GF Score
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