North Navigation Control Technology Co (SHSE:600435) Days Payable: 982.84 (As of Mar. 2026) — 186% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600435 North Navigation Control Technology Co Ltd SHSE:600435
57 GF Score
Price ¥10.09
GF Value ¥17.71
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is North Navigation Control Technology Co Days Payable?

North Navigation Control Technology Co SHSE:600435 +0.10% 57 Days Payable is 982.84 as of Mar. 2026, which is 186% above its 10-year median of 343.68. GuruFocus rates SHSE:600435 with a GF Score™ of 57/100 and a GF Value™ of ¥17.71 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,992 Industrial Products companies, North Navigation Control Technology Co ranks better than 96.76% on this metric.

North Navigation Control Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,765 Mil. North Navigation Control Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥350 Mil. Hence, North Navigation Control Technology Co's Days Payable for the three months ended in Mar. 2026 was 982.84.

The historical rank and industry rank for North Navigation Control Technology Co's Days Payable or its related term are showing as below:

SHSE:600435' s Days Payable Range Over the Past 10 Years
Min: 251.73   Med: 343.68   Max: 595.66
Current: 377.31

During the past 13 years, North Navigation Control Technology Co's highest Days Payable was 595.66. The lowest was 251.73. And the median was 343.68.

SHSE:600435's Days Payable is ranked better than
96.76% of 2992 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:600435: 377.31

North Navigation Control Technology Co's Days Payable declined from Mar. 2025 (1,278.30) to Mar. 2026 (982.84). It may suggest that North Navigation Control Technology Co accelerated paying its suppliers.


North Navigation Control Technology Co Days Payable Related Terms


North Navigation Control Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for North Navigation Control Technology 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.

North Navigation Control Technology Co Days Payable Chart

North Navigation Control Technology 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 266.37 326.15 403.68 595.66 397.00

North Navigation Control Technology 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 1,278.30 318.15 549.67 228.12 982.84

SHSE:600435 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, North Navigation Control Technology 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.


North Navigation Control Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, North Navigation Control Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where North Navigation Control Technology Co's Days Payable falls into.


SHSE:600435
57GF Score
North Navigation Control Technology Co Ltd SHSE:600435
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Navigation Control Technology 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.

North Navigation Control Technology 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
=( (3629.004 + 4060.033) / 2 ) / 3534.626*365
=3844.5185 / 3534.626*365
=397.00

North Navigation Control Technology 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
=( (4060.033 + 3470.812) / 2 ) / 349.594*365 / 4
=3765.4225 / 349.594*365 / 4
=982.84

* 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 982.84 mean?
North Navigation Control Technology Co (SHSE:600435) has a Days Payable of 982.84 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 North Navigation Control Technology Co and its competitors. This is 186% above median its historical median of 343.68. Over the past decade, North Navigation Control Technology Co's Days Payable has ranged from 251.73 to 595.66. According to the industry distribution chart, North Navigation Control Technology Co ranks #97 out of 2992 companies in the Industrial Products industry, placing it in the top 3.2%.
Is North Navigation Control Technology Co's Days Payable too high?
North Navigation Control Technology Co's current Days Payable of 982.84 is 186% above median its 10-year median of 343.68. Over the past 10 years, this metric has ranged from a low of 251.73 to a high of 595.66. The Industrial Products industry median Days Payable is 78.05. North Navigation Control Technology Co's value of 982.84 is 1159.3% above this industry median. Based on the distribution chart, North Navigation Control Technology Co ranks #97 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, North Navigation Control Technology Co has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Navigation Control Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, North Navigation Control Technology Co ranks #97 out of 2992 companies for Days Payable. This places North Navigation Control Technology Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. North Navigation Control Technology Co's value of 982.84 is 1159.3% above this benchmark. Historically, North Navigation Control Technology Co's own Days Payable has ranged from 251.73 to 595.66 over the past decade. While the company's 10-year median is 343.68 vs. the industry median of 78.05, North Navigation Control Technology 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 2,992 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. North Navigation Control Technology Co's current Days Payable of 982.84 is 1159.3% 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 North Navigation Control Technology 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. North Navigation Control Technology Co's current Days Payable is 982.84, which is 186% above median its own 10-year median of 343.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Navigation Control Technology Co stock overvalued right now?
Based on GuruFocus' analysis, North Navigation Control Technology Co (SHSE:600435) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥17.71, compared to a current price of ¥10.09 — trading 43% below its estimated fair value. The current Days Payable is 982.84, which is 186% above median its 10-year median of 343.68 and 1159.3% above the Industrial Products industry median of 78.05. North Navigation Control Technology Co's overall GF Score™ is 57/100 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 North Navigation Control Technology Co (SHSE:600435), the current Days Payable is 982.84 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 North Navigation Control Technology Co (SHSE:600435) Overvalued in 2026?

Based on GuruFocus' analysis, North Navigation Control Technology Co stock appears to be undervalued. The current stock price of ¥10.09 is trading 43% below its estimated GF Value™ of ¥17.71. GuruFocus considers North Navigation Control Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:600435:

  • Days Payable: 982.84 (186% above median its 10-year median of 343.68)
  • GF Value™: ¥17.71 vs. price of ¥10.09 (43% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 1159.3% above the Industrial Products median (#97 of 2992)

No single metric tells the full story. See the SHSE:600435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North Navigation Control Technology Co Business Description

Address No. 2 Kechuang 15th Street, Yizhuang Economic and Technological Development Zone, Beijing, CHN, 100176
North Navigation Control Technology Co Ltd is engaged in Research & Development, and production of high-tech products such as navigation control and ammunition information technology and special vehicles.
57GF Score

Get the complete analysis for SHSE:600435

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

¥10.09
Price
¥17.71
GF Value