SHSE:600615's Days Payable is ranked better than 91.36% of 2986
companies
in the Industrial Products industry
Industry Median: 78.065
vs SHSE:600615: 245.86
* 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.
Chongqing Shineray Intelligent Manufacturing Technology Co Days Payable Chart
Chongqing Shineray Intelligent Manufacturing Technology Co Annual Data
* 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.
Chongqing Shineray Intelligent Manufacturing Technology Co Days Payable vs Industrial Products Industry
Chongqing Shineray Intelligent Manufacturing 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.
* 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.
Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615) has a Days Payable of 262.12 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 Chongqing Shineray Intelligent Manufacturing Technology Co and its competitors. This is 352% above median its historical median of 58.00. Over the past decade, Chongqing Shineray Intelligent Manufacturing Technology Co's Days Payable has ranged from 47.60 to 391.51. According to the industry distribution chart, Chongqing Shineray Intelligent Manufacturing Technology Co ranks #258 out of 2986 companies in the Industrial Products industry, placing it in the top 8.6%.
Is Chongqing Shineray Intelligent Manufacturing Technology Co's Days Payable too high?
Chongqing Shineray Intelligent Manufacturing Technology Co's current Days Payable of 262.12 is 352% above median its 10-year median of 58.00. Over the past 10 years, this metric has ranged from a low of 47.60 to a high of 391.51. The Industrial Products industry median Days Payable is 78.07. Chongqing Shineray Intelligent Manufacturing Technology Co's value of 262.12 is 235.8% above this industry median. Based on the distribution chart, Chongqing Shineray Intelligent Manufacturing Technology Co ranks #258 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Shineray Intelligent Manufacturing 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 Chongqing Shineray Intelligent Manufacturing Technology Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chongqing Shineray Intelligent Manufacturing Technology Co ranks #258 out of 2986 companies for Days Payable. This places Chongqing Shineray Intelligent Manufacturing Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Chongqing Shineray Intelligent Manufacturing Technology Co's value of 262.12 is 235.8% above this benchmark. Historically, Chongqing Shineray Intelligent Manufacturing Technology Co's own Days Payable has ranged from 47.60 to 391.51 over the past decade. While the company's 10-year median is 58.00 vs. the industry median of 78.07, Chongqing Shineray Intelligent Manufacturing 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 78.07, based on 2,986 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. Chongqing Shineray Intelligent Manufacturing Technology Co's current Days Payable of 262.12 is 235.8% 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 Chongqing Shineray Intelligent Manufacturing Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Shineray Intelligent Manufacturing Technology Co's current Days Payable is 262.12, which is 352% above median its own 10-year median of 58.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Shineray Intelligent Manufacturing Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥33.66, compared to a current price of ¥9.30 — trading 72.4% below its estimated fair value. The current Days Payable is 262.12, which is 352% above median its 10-year median of 58.00 and 235.8% above the Industrial Products industry median of 78.07. Chongqing Shineray Intelligent Manufacturing Technology Co's overall GF Score™ is 57/100 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 Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615), the current Days Payable is 262.12 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 Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Shineray Intelligent Manufacturing Technology Co stock appears to be undervalued.
The current stock price of ¥9.30 is trading 72.4% below its estimated GF Value™ of ¥33.66.
GuruFocus considers Chongqing Shineray Intelligent Manufacturing Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:600615:
Days Payable: 262.12 (352% above median its 10-year median of 58.00)
GF Value™: ¥33.66 vs. price of ¥9.30 (72.4% below fair value)
Industry Position: 235.8% above the Industrial Products median (#258 of 2986)
No single metric tells the full story. See the SHSE:600615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Shineray Intelligent Manufacturing Technology Co Business Description
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