China Marine Information Electronics Co (SHSE:600764) Days Payable: 468.34 (As of Mar. 2026) — 126% Above Median


SHSE:600764 China Marine Information Electronics Co Ltd SHSE:600764
50 GF Score
Price ¥18.26
GF Value ¥27.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is China Marine Information Electronics Co Days Payable?

China Marine Information Electronics Co SHSE:600764 +3.40% 50 Days Payable is 468.34 as of Mar. 2026, which is 126% above its 10-year median of 207.13. GuruFocus rates SHSE:600764 with a GF Score™ of 50/100 and a GF Value™ of ¥27.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,438 Hardware companies, China Marine Information Electronics Co ranks better than 93.27% on this metric.

China Marine Information Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,924 Mil. China Marine Information Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥375 Mil. Hence, China Marine Information Electronics Co's Days Payable for the three months ended in Mar. 2026 was 468.34.

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

SHSE:600764' s Days Payable Range Over the Past 10 Years
Min: 72.55   Med: 207.13   Max: 333.85
Current: 244.22

During the past 13 years, China Marine Information Electronics Co's highest Days Payable was 333.85. The lowest was 72.55. And the median was 207.13.

SHSE:600764's Days Payable is ranked better than
93.27% of 2438 companies
in the Hardware industry
Industry Median: 69.82 vs SHSE:600764: 244.22

China Marine Information Electronics Co's Days Payable declined from Mar. 2025 (502.10) to Mar. 2026 (468.34). It may suggest that China Marine Information Electronics Co accelerated paying its suppliers.


China Marine Information Electronics Co Days Payable Related Terms


China Marine Information Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Marine Information 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.

China Marine Information Electronics Co Days Payable Chart

China Marine Information 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 150.50 173.85 240.41 294.71 259.70

China Marine Information 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 502.10 286.51 482.50 117.60 468.34

SHSE:600764 vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, China Marine Information 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.


China Marine Information Electronics Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, China Marine Information Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Marine Information Electronics Co's Days Payable falls into.


SHSE:600764
50GF Score
China Marine Information Electronics Co Ltd SHSE:600764
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Marine Information 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.

China Marine Information 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
=( (1883.624 + 1975.765) / 2 ) / 2712.168*365
=1929.6945 / 2712.168*365
=259.70

China Marine Information 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
=( (1975.765 + 1872.158) / 2 ) / 374.859*365 / 4
=1923.9615 / 374.859*365 / 4
=468.34

* 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 468.34 mean?
China Marine Information Electronics Co (SHSE:600764) has a Days Payable of 468.34 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 China Marine Information Electronics Co and its competitors. This is 126% above median its historical median of 207.13. Over the past decade, China Marine Information Electronics Co's Days Payable has ranged from 72.55 to 333.85. According to the industry distribution chart, China Marine Information Electronics Co ranks #164 out of 2438 companies in the Hardware industry, placing it in the top 6.7%.
Is China Marine Information Electronics Co's Days Payable too high?
China Marine Information Electronics Co's current Days Payable of 468.34 is 126% above median its 10-year median of 207.13. Over the past 10 years, this metric has ranged from a low of 72.55 to a high of 333.85. The Hardware industry median Days Payable is 69.82. China Marine Information Electronics Co's value of 468.34 is 570.8% above this industry median. Based on the distribution chart, China Marine Information Electronics Co ranks #164 out of 2438 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China Marine Information Electronics Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Marine Information Electronics Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, China Marine Information Electronics Co ranks #164 out of 2438 companies for Days Payable. This places China Marine Information Electronics Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.82. China Marine Information Electronics Co's value of 468.34 is 570.8% above this benchmark. Historically, China Marine Information Electronics Co's own Days Payable has ranged from 72.55 to 333.85 over the past decade. While the company's 10-year median is 207.13 vs. the industry median of 69.82, China Marine Information 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 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. China Marine Information Electronics Co's current Days Payable of 468.34 is 570.8% 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 China Marine Information Electronics 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. China Marine Information Electronics Co's current Days Payable is 468.34, which is 126% above median its own 10-year median of 207.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Marine Information Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, China Marine Information Electronics Co (SHSE:600764) is currently considered Possible Value Trap. The stock's GF Value™ is ¥27.28, compared to a current price of ¥18.26 — trading 33.1% below its estimated fair value. The current Days Payable is 468.34, which is 126% above median its 10-year median of 207.13 and 570.8% above the Hardware industry median of 69.82. China Marine Information Electronics Co's overall GF Score™ is 50/100 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 China Marine Information Electronics Co (SHSE:600764), the current Days Payable is 468.34 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 China Marine Information Electronics Co (SHSE:600764) Overvalued in 2026?

Based on GuruFocus' analysis, China Marine Information Electronics Co stock appears to be undervalued. The current stock price of ¥18.26 is trading 33.1% below its estimated GF Value™ of ¥27.28. GuruFocus considers China Marine Information Electronics Co to be Possible Value Trap.

Key valuation signals for SHSE:600764:

  • Days Payable: 468.34 (126% above median its 10-year median of 207.13)
  • GF Value™: ¥27.28 vs. price of ¥18.26 (33.1% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 570.8% above the Hardware median (#164 of 2438)

No single metric tells the full story. See the SHSE:600764 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Marine Information Electronics Co Business Description

Address No. 34, Xueyuan South Road, 4th Floor, Building 2, East District, Haidian District, Beijing, CHN, 100081
China Marine Information Electronics Co Ltd is a China-based company engaged in the manufacturing of intelligent optical network switching platform equipment and video surveillance systems.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥18.26
Price
¥27.28
GF Value