Ningbonxing Medical Electric Co (SHSE:601567) Days Payable: 139.31 (As of Mar. 2026) — Near Median


SHSE:601567 Ningbo Sanxing Medical Electric Co Ltd SHSE:601567
69 GF Score
Price ¥13.95
GF Value ¥27.81
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbonxing Medical Electric Co Days Payable?

Ningbonxing Medical Electric Co SHSE:601567 +3.33% 69 Days Payable is 139.31 as of Mar. 2026, which is 2% above its 10-year median of 137.23. GuruFocus rates SHSE:601567 with a GF Score™ of 69/100 and a GF Value™ of ¥27.81 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Ningbonxing Medical Electric Co ranks better than 71.38% on this metric.

Ningbonxing Medical Electric Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,705 Mil. Ningbonxing Medical Electric Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,427 Mil. Hence, Ningbonxing Medical Electric Co's Days Payable for the three months ended in Mar. 2026 was 139.31.

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

SHSE:601567' s Days Payable Range Over the Past 10 Years
Min: 113.75   Med: 137.23   Max: 171.33
Current: 132.34

During the past 13 years, Ningbonxing Medical Electric Co's highest Days Payable was 171.33. The lowest was 113.75. And the median was 137.23.

SHSE:601567's Days Payable is ranked better than
71.38% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:601567: 132.34

Ningbonxing Medical Electric Co's Days Payable increased from Mar. 2025 (114.66) to Mar. 2026 (139.31). It may suggest that Ningbonxing Medical Electric Co delayed paying its suppliers.


Ningbonxing Medical Electric Co Days Payable Related Terms


Ningbonxing Medical Electric Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbonxing Medical Electric 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.

Ningbonxing Medical Electric Co Days Payable Chart

Ningbonxing Medical Electric 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 153.14 139.14 125.56 113.75 122.46

Ningbonxing Medical Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 114.66 101.89 158.54 147.81 139.31

SHSE:601567 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Ningbonxing Medical Electric 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.


Ningbonxing Medical Electric Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbonxing Medical Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbonxing Medical Electric Co's Days Payable falls into.


SHSE:601567
69GF Score
Ningbo Sanxing Medical Electric Co Ltd SHSE:601567
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbonxing Medical Electric 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.

Ningbonxing Medical Electric 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
=( (3289.784 + 3652.396) / 2 ) / 10345.515*365
=3471.09 / 10345.515*365
=122.46

Ningbonxing Medical Electric Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3652.396 + 3758.51) / 2 ) / 2427.191*365 / 4
=3705.453 / 2427.191*365 / 4
=139.31

* 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 139.31 mean?
Ningbonxing Medical Electric Co (SHSE:601567) has a Days Payable of 139.31 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 Ningbonxing Medical Electric Co and its competitors. This is near median its historical median of 137.23. Over the past decade, Ningbonxing Medical Electric Co's Days Payable has ranged from 113.75 to 171.33. According to the industry distribution chart, Ningbonxing Medical Electric Co ranks #857 out of 2994 companies in the Industrial Products industry, placing it in the top 28.6%.
Is Ningbonxing Medical Electric Co's Days Payable too high?
Ningbonxing Medical Electric Co's current Days Payable of 139.31 is near median its 10-year median of 137.23. Over the past 10 years, this metric has ranged from a low of 113.75 to a high of 171.33. The Industrial Products industry median Days Payable is 78.05. Ningbonxing Medical Electric Co's value of 139.31 is 78.5% above this industry median. Based on the distribution chart, Ningbonxing Medical Electric Co ranks #857 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ningbonxing Medical Electric Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbonxing Medical Electric Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbonxing Medical Electric Co ranks #857 out of 2994 companies for Days Payable. This puts Ningbonxing Medical Electric Co in the upper half of its industry. The industry median Days Payable is 78.05. Ningbonxing Medical Electric Co's value of 139.31 is 78.5% above this benchmark. Historically, Ningbonxing Medical Electric Co's own Days Payable has ranged from 113.75 to 171.33 over the past decade. While the company's 10-year median is 137.23 vs. the industry median of 78.05, Ningbonxing Medical Electric 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. Ningbonxing Medical Electric Co's current Days Payable of 139.31 is 78.5% 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 Ningbonxing Medical Electric Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbonxing Medical Electric Co's current Days Payable is 139.31, which is near median its own 10-year median of 137.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbonxing Medical Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co (SHSE:601567) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥27.81, compared to a current price of ¥13.95 — trading 49.8% below its estimated fair value. The current Days Payable is 139.31, which is near median its 10-year median of 137.23 and 78.5% above the Industrial Products industry median of 78.05. Ningbonxing Medical Electric Co's overall GF Score™ is 69/100 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 Ningbonxing Medical Electric Co (SHSE:601567), the current Days Payable is 139.31 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 Ningbonxing Medical Electric Co (SHSE:601567) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbonxing Medical Electric Co stock appears to be undervalued. The current stock price of ¥13.95 is trading 49.8% below its estimated GF Value™ of ¥27.81. GuruFocus considers Ningbonxing Medical Electric Co to be Significantly Undervalued.

Key valuation signals for SHSE:601567:

  • Days Payable: 139.31 (near median its 10-year median of 137.23)
  • GF Value™: ¥27.81 vs. price of ¥13.95 (49.8% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 78.5% above the Industrial Products median (#857 of 2994)

No single metric tells the full story. See the SHSE:601567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbonxing Medical Electric Co Business Description

Address Yinzhou Industrial Park, Jiangshan Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315191
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices, and others. The company also operates in the Medical Service segment, which is mainly engaged in the construction, operation, investment, and acquisition of hospitals, as well as the finance leasing of hospitals, among others. It generates the majority of its revenue from the Intelligent power distribution segment.
69GF Score

Get the complete analysis for SHSE:601567

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

¥13.95
Price
¥27.81
GF Value