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The historical rank and industry rank for Ningbo Boway Alloy Material Co's Days Payable or its related term are showing as below:
SHSE:601137'
s Days Payable Range Over the Past 10 Years
Min: 36.48 Med: 45.55 Max: 56.62
Current: 39.59
During the past 13 years, Ningbo Boway Alloy Material Co's highest Days Payable was 56.62. The lowest was 36.48. And the median was 45.55.
SHSE:601137's Days Payable is ranked worse than 80.17% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.055
vs SHSE:601137: 39.59
* 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 Copper subindustry, Ningbo Boway Alloy Material 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 Boway Alloy Material Co Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Boway Alloy Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Boway Alloy Material Co's Days Payable falls into.
Ningbo Boway Alloy Material 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 Boway Alloy Material Co (SHSE:601137) has a Days Payable of 34.91 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 Boway Alloy Material Co and its competitors. This is 23% below median its historical median of 45.55. Over the past decade, Ningbo Boway Alloy Material Co's Days Payable has ranged from 36.48 to 56.62. According to the industry distribution chart, Ningbo Boway Alloy Material Co ranks #853 out of 1064 companies in the Metals & Mining industry, placing it in the top 80.2%.
Is Ningbo Boway Alloy Material Co's Days Payable too high?
Ningbo Boway Alloy Material Co's current Days Payable of 34.91 is 23% below median its 10-year median of 45.55. Over the past 10 years, this metric has ranged from a low of 36.48 to a high of 56.62. The Metals & Mining industry median Days Payable is 126.06. Ningbo Boway Alloy Material Co's value of 34.91 is 72.3% below this industry median. Based on the distribution chart, Ningbo Boway Alloy Material Co ranks #853 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ningbo Boway Alloy Material Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Boway Alloy Material Co's Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Boway Alloy Material Co ranks #853 out of 1064 companies for Days Payable. This places Ningbo Boway Alloy Material Co in the lower half of its industry. The industry median Days Payable is 126.06. Ningbo Boway Alloy Material Co's value of 34.91 is 72.3% below this benchmark. Historically, Ningbo Boway Alloy Material Co's own Days Payable has ranged from 36.48 to 56.62 over the past decade. While the company's 10-year median is 45.55 vs. the industry median of 126.06, Ningbo Boway Alloy Material 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 126.06, based on 1,064 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 Boway Alloy Material Co's current Days Payable of 34.91 is 72.3% 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 Boway Alloy Material Co and its competitors. For the Metals & Mining industry, the median Days Payable is 126.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Boway Alloy Material Co's current Days Payable is 34.91, which is 23% below median its own 10-year median of 45.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Boway Alloy Material Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co (SHSE:601137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.08, compared to a current price of ¥17.17 — trading 10% below its estimated fair value. The current Days Payable is 34.91, which is 23% below median its 10-year median of 45.55 and 72.3% below the Metals & Mining industry median of 126.06. Ningbo Boway Alloy Material Co's overall GF Score™ is 83/100 with 7 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 Boway Alloy Material Co (SHSE:601137), the current Days Payable is 34.91 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 Boway Alloy Material Co (SHSE:601137) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co stock appears to be undervalued.
The current stock price of ¥17.17 is trading 10% below its estimated GF Value™ of ¥19.08.
GuruFocus considers Ningbo Boway Alloy Material Co to be Modestly Undervalued.
Key valuation signals for SHSE:601137:
Days Payable: 34.91 (23% below median its 10-year median of 45.55)
GF Value™: ¥19.08 vs. price of ¥17.17 (10% below fair value)
Industry Position: 72.3% below the Metals & Mining median (#853 of 1064)
No single metric tells the full story. See the SHSE:601137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Boway Alloy Material Co Business Description
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.
83GF Score
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