Ningbo Tuopu Group Co (SHSE:601689) Days Payable: 207.48 (As of Mar. 2026) — Near Median

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SHSE:601689 Ningbo Tuopu Group Co Ltd SHSE:601689
90 GF Score
Price ¥45.62
GF Value ¥68.17
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ningbo Tuopu Group Co Days Payable?

Ningbo Tuopu Group Co SHSE:601689 -5.29% 90 Days Payable is 207.48 as of Mar. 2026, which is 7% above its 10-year median of 193.07. GuruFocus rates SHSE:601689 with a GF Score™ of 90/100 and a GF Value™ of ¥68.17 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Ningbo Tuopu Group Co ranks better than 87.21% on this metric.

Ningbo Tuopu Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥12,169 Mil. Ningbo Tuopu Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,352 Mil. Hence, Ningbo Tuopu Group Co's Days Payable for the three months ended in Mar. 2026 was 207.48.

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

SHSE:601689' s Days Payable Range Over the Past 10 Years
Min: 132.23   Med: 193.07   Max: 242.89
Current: 167.19

During the past 13 years, Ningbo Tuopu Group Co's highest Days Payable was 242.89. The lowest was 132.23. And the median was 193.07.

SHSE:601689's Days Payable is ranked better than
87.21% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:601689: 167.19

Ningbo Tuopu Group Co's Days Payable increased from Mar. 2025 (184.26) to Mar. 2026 (207.48). It may suggest that Ningbo Tuopu Group Co delayed paying its suppliers.


Ningbo Tuopu Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbo Tuopu Group 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 Tuopu Group Co Days Payable Chart

Ningbo Tuopu Group 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 177.43 194.70 193.17 152.48 172.55

Ningbo Tuopu Group 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 184.26 159.39 158.59 164.11 207.48

SHSE:601689 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Ningbo Tuopu Group 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 Tuopu Group Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Tuopu Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Tuopu Group Co's Days Payable falls into.


SHSE:601689
90GF Score
Ningbo Tuopu Group Co Ltd SHSE:601689
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Tuopu Group 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.

Ningbo Tuopu Group 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
=( (9338.698 + 13196.235) / 2 ) / 23834.163*365
=11267.4665 / 23834.163*365
=172.55

Ningbo Tuopu Group 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
=( (13196.235 + 11140.969) / 2 ) / 5351.846*365 / 4
=12168.602 / 5351.846*365 / 4
=207.48

* 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 207.48 mean?
Ningbo Tuopu Group Co (SHSE:601689) has a Days Payable of 207.48 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 Tuopu Group Co and its competitors. This is near median its historical median of 193.07. Over the past decade, Ningbo Tuopu Group Co's Days Payable has ranged from 132.23 to 242.89. According to the industry distribution chart, Ningbo Tuopu Group Co ranks #167 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 12.8%.
Is Ningbo Tuopu Group Co's Days Payable too high?
Ningbo Tuopu Group Co's current Days Payable of 207.48 is near median its 10-year median of 193.07. Over the past 10 years, this metric has ranged from a low of 132.23 to a high of 242.89. The Vehicles & Parts industry median Days Payable is 67.26. Ningbo Tuopu Group Co's value of 207.48 is 208.5% above this industry median. Based on the distribution chart, Ningbo Tuopu Group Co ranks #167 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Tuopu Group Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Tuopu Group Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Tuopu Group Co ranks #167 out of 1306 companies for Days Payable. This places Ningbo Tuopu Group Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Ningbo Tuopu Group Co's value of 207.48 is 208.5% above this benchmark. Historically, Ningbo Tuopu Group Co's own Days Payable has ranged from 132.23 to 242.89 over the past decade. While the company's 10-year median is 193.07 vs. the industry median of 67.26, Ningbo Tuopu Group 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.26, based on 1,306 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 Tuopu Group Co's current Days Payable of 207.48 is 208.5% 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 Ningbo Tuopu Group Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Tuopu Group Co's current Days Payable is 207.48, which is near median its own 10-year median of 193.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Tuopu Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Tuopu Group Co (SHSE:601689) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥68.17, compared to a current price of ¥45.62 — trading 33.1% below its estimated fair value. The current Days Payable is 207.48, which is near median its 10-year median of 193.07 and 208.5% above the Vehicles & Parts industry median of 67.26. Ningbo Tuopu Group Co's overall GF Score™ is 90/100 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 Ningbo Tuopu Group Co (SHSE:601689), the current Days Payable is 207.48 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 Tuopu Group Co (SHSE:601689) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Tuopu Group Co stock appears to be undervalued. The current stock price of ¥45.62 is trading 33.1% below its estimated GF Value™ of ¥68.17. GuruFocus considers Ningbo Tuopu Group Co to be Significantly Undervalued.

Key valuation signals for SHSE:601689:

  • Days Payable: 207.48 (near median its 10-year median of 193.07)
  • GF Value™: ¥68.17 vs. price of ¥45.62 (33.1% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 208.5% above the Vehicles & Parts median (#167 of 1306)

No single metric tells the full story. See the SHSE:601689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Tuopu Group Co Business Description

Address No. 268, Yuwangshan Road, Daqi Street, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Tuopu Group Co Ltd is a China-based company that engages in the manufacturing and sale of automotive components for international and domestic automobile manufacturers. Its product lines include automobile NVH vibration control parts, acoustic systems, lightweight power chassis systems, intelligent driving systems, and thermal management systems. The company generates the majority of its revenue from the domestic market.
90GF Score

Get the complete analysis for SHSE:601689

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

¥45.62
Price
¥68.17
GF Value