Nyocor Co (SHSE:600821) Days Payable: 108.83 (As of Jun. 2026) — 75% Below 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:600821 Nyocor Co Ltd SHSE:600821
72 GF Score
Price ¥6.07
GF Value ¥5.26
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Nyocor Co Days Payable?

Nyocor Co SHSE:600821 +0.50% 72 Days Payable is 108.83 as of Jun. 2026, which is 75% below its 10-year median of 434.97. GuruFocus rates SHSE:600821 with a GF Score™ of 72/100 and a GF Value™ of ¥5.26 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, Nyocor Co ranks better than 68.84% on this metric.

Nyocor Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥557 Mil. Nyocor Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥467 Mil. Hence, Nyocor Co's Days Payable for the three months ended in Jun. 2026 was 108.83.

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

SHSE:600821' s Days Payable Range Over the Past 10 Years
Min: 152.66   Med: 434.97   Max: 1425.57
Current: 152.66

During the past 13 years, Nyocor Co's highest Days Payable was 1425.57. The lowest was 152.66. And the median was 434.97.

SHSE:600821's Days Payable is ranked better than
68.84% of 398 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.27 vs SHSE:600821: 152.66

Nyocor Co's Days Payable declined from Jun. 2025 (290.28) to Jun. 2026 (108.83). It may suggest that Nyocor Co accelerated paying its suppliers.


Nyocor Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nyocor 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.

Nyocor Co Days Payable Chart

Nyocor 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 456.74 334.96 320.90 380.68 308.75

Nyocor Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 290.28 221.40 150.47 97.90 108.83

Nyocor Co Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Nyocor 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.


Nyocor Co Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nyocor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nyocor Co's Days Payable falls into.


SHSE:600821
72GF Score
Nyocor Co Ltd SHSE:600821
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nyocor 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.

Nyocor 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
=( (2371.836 + 529.116) / 2 ) / 1714.718*365
=1450.476 / 1714.718*365
=308.75

Nyocor Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (408.16 + 705.038) / 2 ) / 466.699*365 / 4
=556.599 / 466.699*365 / 4
=108.83

* 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 108.83 mean?
Nyocor Co (SHSE:600821) has a Days Payable of 108.83 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 Nyocor Co and its competitors. This is 75% below median its historical median of 434.97. Over the past decade, Nyocor Co's Days Payable has ranged from 152.66 to 1,425.57. According to the industry distribution chart, Nyocor Co ranks #124 out of 398 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.2%.
Is Nyocor Co's Days Payable too high?
Nyocor Co's current Days Payable of 108.83 is 75% below median its 10-year median of 434.97. Over the past 10 years, this metric has ranged from a low of 152.66 to a high of 1,425.57. The Utilities - Independent Power Producers industry median Days Payable is 79.27. Nyocor Co's value of 108.83 is 37.3% above this industry median. Based on the distribution chart, Nyocor Co ranks #124 out of 398 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Nyocor Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nyocor Co's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Nyocor Co ranks #124 out of 398 companies for Days Payable. This puts Nyocor Co in the upper half of its industry. The industry median Days Payable is 79.27. Nyocor Co's value of 108.83 is 37.3% above this benchmark. Historically, Nyocor Co's own Days Payable has ranged from 152.66 to 1,425.57 over the past decade. While the company's 10-year median is 434.97 vs. the industry median of 79.27, Nyocor 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.27, based on 398 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. Nyocor Co's current Days Payable of 108.83 is 37.3% 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 Nyocor Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nyocor Co's current Days Payable is 108.83, which is 75% below median its own 10-year median of 434.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nyocor Co stock overvalued right now?
Based on GuruFocus' analysis, Nyocor Co (SHSE:600821) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.26, compared to a current price of ¥6.07 — trading 15.4% above its estimated fair value. The current Days Payable is 108.83, which is 75% below median its 10-year median of 434.97 and 37.3% above the Utilities - Independent Power Producers industry median of 79.27. Nyocor Co's overall GF Score™ is 72/100 with 11 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 Nyocor Co (SHSE:600821), the current Days Payable is 108.83 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 Nyocor Co (SHSE:600821) Overvalued in 2026?

Based on GuruFocus' analysis, Nyocor Co stock appears to be overvalued. The current stock price of ¥6.07 is trading 15.4% above its estimated GF Value™ of ¥5.26. GuruFocus considers Nyocor Co to be Modestly Overvalued.

Key valuation signals for SHSE:600821:

  • Days Payable: 108.83 (75% below median its 10-year median of 434.97)
  • GF Value™: ¥5.26 vs. price of ¥6.07 (15.4% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 37.3% above the Utilities - Independent Power Producers median (#124 of 398)

No single metric tells the full story. See the SHSE:600821 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nyocor Co Business Description

Address No. 4, Guizhou Road, Room 411, Longtong Building, Heping District, Tianjin, CHN, 100044
Nyocor Co Ltd operates in the retail business in China. The company's stores include Zhou Shengsheng which deals in jewelry, an Apple store that provides electronics, and Li Ning offers western clothes.
72GF Score

Get the complete analysis for SHSE:600821

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

¥6.07
Price
¥5.26
GF Value