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.
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.
Ningbo Zhongbai CoSHSE:600857 +0.48%48 Days Payable is 57.44 as of Jun. 2026, which is 74% above its 10-year median of 32.94. GuruFocus rates SHSE:600857 with a GF Score™ of 48/100 and a GF Value™ of ¥2.70 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Ningbo Zhongbai Co ranks worse than 63.91% on this metric.
The historical rank and industry rank for Ningbo Zhongbai Co's Days Payable or its related term are showing as below:
SHSE:600857'
s Days Payable Range Over the Past 10 Years
Min: 19.07 Med: 32.94 Max: 55.87
Current: 37.7
During the past 13 years, Ningbo Zhongbai Co's highest Days Payable was 55.87. The lowest was 19.07. And the median was 32.94.
SHSE:600857's Days Payable is ranked worse than 63.91% of 1100
companies
in the Retail - Cyclical industry
Industry Median: 50.555
vs SHSE:600857: 37.70
Ningbo Zhongbai Co's Days Payable
increased
from Jun. 2025 (20.98) to Jun. 2026 (57.44).
It may suggest that Ningbo Zhongbai Codelayed paying its suppliers.
The historical data trend for Ningbo Zhongbai 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.
For the Department Stores subindustry, Ningbo Zhongbai 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 Zhongbai Co Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ningbo Zhongbai Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Zhongbai 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 Zhongbai 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 Zhongbai Co (SHSE:600857) has a Days Payable of 57.44 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 Zhongbai Co and its competitors. This is 74% above median its historical median of 32.94. Over the past decade, Ningbo Zhongbai Co's Days Payable has ranged from 19.07 to 55.87. According to the industry distribution chart, Ningbo Zhongbai Co ranks #703 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 63.9%.
Is Ningbo Zhongbai Co's Days Payable too high?
Ningbo Zhongbai Co's current Days Payable of 57.44 is 74% above median its 10-year median of 32.94. Over the past 10 years, this metric has ranged from a low of 19.07 to a high of 55.87. The Retail - Cyclical industry median Days Payable is 50.56. Ningbo Zhongbai Co's value of 57.44 is 13.6% above this industry median. Based on the distribution chart, Ningbo Zhongbai Co ranks #703 out of 1100 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Ningbo Zhongbai Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Zhongbai Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Ningbo Zhongbai Co ranks #703 out of 1100 companies for Days Payable. This places Ningbo Zhongbai Co in the lower half of its industry. The industry median Days Payable is 50.56. Ningbo Zhongbai Co's value of 57.44 is 13.6% above this benchmark. Historically, Ningbo Zhongbai Co's own Days Payable has ranged from 19.07 to 55.87 over the past decade. While the company's 10-year median is 32.94 vs. the industry median of 50.56, Ningbo Zhongbai 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.56, based on 1,100 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 Zhongbai Co's current Days Payable of 57.44 is 13.6% 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 Zhongbai Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Zhongbai Co's current Days Payable is 57.44, which is 74% above median its own 10-year median of 32.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Zhongbai Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Zhongbai Co (SHSE:600857) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.70, compared to a current price of ¥22.97 — trading 750.7% above its estimated fair value. The current Days Payable is 57.44, which is 74% above median its 10-year median of 32.94 and 13.6% above the Retail - Cyclical industry median of 50.56. Ningbo Zhongbai Co's overall GF Score™ is 48/100 with 8 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 Zhongbai Co (SHSE:600857), the current Days Payable is 57.44 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 Zhongbai Co (SHSE:600857) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Zhongbai Co stock appears to be overvalued.
The current stock price of ¥22.97 is trading 750.7% above its estimated GF Value™ of ¥2.70.
GuruFocus considers Ningbo Zhongbai Co to be Significantly Overvalued.
Key valuation signals for SHSE:600857:
Days Payable: 57.44 (74% above median its 10-year median of 32.94)
GF Value™: ¥2.70 vs. price of ¥22.97 (750.7% above fair value)
Industry Position: 13.6% above the Retail - Cyclical median (#703 of 1100)
No single metric tells the full story. See the SHSE:600857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Zhongbai Co Ltd is engaged in wholesale and retail of commercial department stores. The company's business scope includes gold, jewelry, needle textiles, clothing, cosmetics, luggage, shoes and hats, daily necessities, handicrafts, toys, culture, sporting goods and equipment, machinery and equipment, hardware, household appliances, electronic products, communication equipment, construction and decoration materials, furniture wholesale, and others.
48GF Score
Get the complete analysis for SHSE:600857
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600857 has been successfully added to your 
