Ningbo Marine CoSHSE:600798 -0.33%68 Days Payable is 45.96 as of Mar. 2026, which is 0% below its 10-year median of 46.08. GuruFocus rates SHSE:600798 with a GF Score™ of 68/100 and a GF Value™ of ¥3.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 968 Transportation companies, Ningbo Marine Co ranks worse than 50.62% on this metric.
The historical rank and industry rank for Ningbo Marine Co's Days Payable or its related term are showing as below:
SHSE:600798'
s Days Payable Range Over the Past 10 Years
Min: 36.17 Med: 46.08 Max: 59.05
Current: 38.76
During the past 13 years, Ningbo Marine Co's highest Days Payable was 59.05. The lowest was 36.17. And the median was 46.08.
SHSE:600798's Days Payable is ranked worse than 50.62% of 968
companies
in the Transportation industry
Industry Median: 39.085
vs SHSE:600798: 38.76
Ningbo Marine Co's Days Payable
declined
from Mar. 2025 (61.83) to Mar. 2026 (45.96).
It may suggest that Ningbo Marine Coaccelerated paying its suppliers.
Ningbo Marine Co Days Payable Related Terms
Ningbo Marine Co Days Payable Historical Data
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The historical data trend for Ningbo Marine 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.
Ningbo Marine Co Days Payable Competitor Comparison
For the Marine Shipping subindustry, Ningbo Marine 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 Marine Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Ningbo Marine Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Marine Co's Days Payable falls into.
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.
Ningbo Marine Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Marine Co (SHSE:600798) has a Days Payable of 45.96 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 Ningbo Marine Co and its competitors. This is near median its historical median of 46.08. Over the past decade, Ningbo Marine Co's Days Payable has ranged from 36.17 to 59.05. According to the industry distribution chart, Ningbo Marine Co ranks #490 out of 968 companies in the Transportation industry, placing it in the top 50.6%.
Is Ningbo Marine Co's Days Payable too high?
Ningbo Marine Co's current Days Payable of 45.96 is near median its 10-year median of 46.08. Over the past 10 years, this metric has ranged from a low of 36.17 to a high of 59.05. The Transportation industry median Days Payable is 39.09. Ningbo Marine Co's value of 45.96 is 17.6% above this industry median. Based on the distribution chart, Ningbo Marine Co ranks #490 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Ningbo Marine Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Ningbo Marine Co ranks #490 out of 968 companies for Days Payable. This places Ningbo Marine Co in the lower half of its industry. The industry median Days Payable is 39.09. Ningbo Marine Co's value of 45.96 is 17.6% above this benchmark. Historically, Ningbo Marine Co's own Days Payable has ranged from 36.17 to 59.05 over the past decade. While the company's 10-year median is 46.08 vs. the industry median of 39.09, Ningbo Marine 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 968 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 Marine Co's current Days Payable of 45.96 is 17.6% 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 Ningbo Marine Co and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Marine Co's current Days Payable is 45.96, which is near median its own 10-year median of 46.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.79, compared to a current price of ¥3.05 — trading 19.5% below its estimated fair value. The current Days Payable is 45.96, which is near median its 10-year median of 46.08 and 17.6% above the Transportation industry median of 39.09. Ningbo Marine Co's overall GF Score™ is 68/100 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 Ningbo Marine Co (SHSE:600798), the current Days Payable is 45.96 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 Ningbo Marine Co (SHSE:600798) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued.
The current stock price of ¥3.05 is trading 19.5% below its estimated GF Value™ of ¥3.79.
GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.
Key valuation signals for SHSE:600798:
Days Payable: 45.96 (near median its 10-year median of 46.08)
GF Value™: ¥3.79 vs. price of ¥3.05 (19.5% below fair value)
Industry Position: 17.6% above the Transportation median (#490 of 968)
No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
68GF Score
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