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* 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.
Ningbo Fubang High Tech Materials Co Days Payable Chart
For the Aluminum subindustry, Ningbo Fubang High Tech Materials 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.
Ningbo Fubang High Tech Materials Co Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Fubang High Tech Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Fubang High Tech Materials Co's Days Payable falls into.
Ningbo Fubang High Tech Materials 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.
Ningbo Fubang High Tech Materials Co (SHSE:600768) has a Days Payable of 23.19 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ningbo Fubang High Tech Materials Co and its competitors. This is 68% below median its historical median of 72.52. Over the past decade, Ningbo Fubang High Tech Materials Co's Days Payable has ranged from 34.62 to 123.14. According to the industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #877 out of 1069 companies in the Metals & Mining industry, placing it in the top 82%.
Is Ningbo Fubang High Tech Materials Co's Days Payable too high?
Ningbo Fubang High Tech Materials Co's current Days Payable of 23.19 is 68% below median its 10-year median of 72.52. Over the past 10 years, this metric has ranged from a low of 34.62 to a high of 123.14. The Metals & Mining industry median Days Payable is 119.03. Ningbo Fubang High Tech Materials Co's value of 23.19 is 80.5% below this industry median. Based on the distribution chart, Ningbo Fubang High Tech Materials Co ranks #877 out of 1069 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ningbo Fubang High Tech Materials Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fubang High Tech Materials Co's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #877 out of 1069 companies for Days Payable. This places Ningbo Fubang High Tech Materials Co in the lower half of its industry. The industry median Days Payable is 119.03. Ningbo Fubang High Tech Materials Co's value of 23.19 is 80.5% below this benchmark. Historically, Ningbo Fubang High Tech Materials Co's own Days Payable has ranged from 34.62 to 123.14 over the past decade. While the company's 10-year median is 72.52 vs. the industry median of 119.03, Ningbo Fubang High Tech Materials 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 119.03, based on 1,069 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. Ningbo Fubang High Tech Materials Co's current Days Payable of 23.19 is 80.5% 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 Ningbo Fubang High Tech Materials Co and its competitors. For the Metals & Mining industry, the median Days Payable is 119.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Fubang High Tech Materials Co's current Days Payable is 23.19, which is 68% below median its own 10-year median of 72.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fubang High Tech Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co (SHSE:600768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.18, compared to a current price of ¥15.01 — trading 29.1% below its estimated fair value. The current Days Payable is 23.19, which is 68% below median its 10-year median of 72.52 and 80.5% below the Metals & Mining industry median of 119.03. Ningbo Fubang High Tech Materials Co's overall GF Score™ is 72/100 with 3 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 Ningbo Fubang High Tech Materials Co (SHSE:600768), the current Days Payable is 23.19 as of Jun. 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 Ningbo Fubang High Tech Materials Co (SHSE:600768) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co stock appears to be undervalued.
The current stock price of ¥15.01 is trading 29.1% below its estimated GF Value™ of ¥21.18.
GuruFocus considers Ningbo Fubang High Tech Materials Co to be Modestly Undervalued.
Key valuation signals for SHSE:600768:
Days Payable: 23.19 (68% below median its 10-year median of 72.52)
GF Value™: ¥21.18 vs. price of ¥15.01 (29.1% below fair value)
Industry Position: 80.5% below the Metals & Mining median (#877 of 1069)
No single metric tells the full story. See the SHSE:600768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Fubang Jingye Group Co Ltd engages in the regional deep processing of industrial and civil aluminum profiles, and also engages in the trade of aluminum cast bars.
72GF Score
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