Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Days Payable: 106.91 (As of Mar. 2026) — Near Median

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SHSE:603016 Wuxi New Hongtai Electrical Technology Co Ltd SHSE:603016
54 GF Score
Price ¥29.09
! 6 Warning Signs
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What is Wuxi New Hongtai Electrical Technology Co Days Payable?

Wuxi New Hongtai Electrical Technology Co SHSE:603016 -1.19% 54 Days Payable is 106.91 as of Mar. 2026, which is 2% below its 10-year median of 108.78. GuruFocus rates SHSE:603016 with a GF Score™ of 54/100. The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, Wuxi New Hongtai Electrical Technology Co ranks better than 67.21% on this metric.

Wuxi New Hongtai Electrical Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥114.6 Mil. Wuxi New Hongtai Electrical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥97.8 Mil. Hence, Wuxi New Hongtai Electrical Technology Co's Days Payable for the three months ended in Mar. 2026 was 106.91.

The historical rank and industry rank for Wuxi New Hongtai Electrical Technology Co's Days Payable or its related term are showing as below:

SHSE:603016' s Days Payable Range Over the Past 10 Years
Min: 96.43   Med: 108.78   Max: 123.52
Current: 98.6

During the past 13 years, Wuxi New Hongtai Electrical Technology Co's highest Days Payable was 123.52. The lowest was 96.43. And the median was 108.78.

SHSE:603016's Days Payable is ranked better than
67.21% of 2440 companies
in the Hardware industry
Industry Median: 69.955 vs SHSE:603016: 98.60

Wuxi New Hongtai Electrical Technology Co's Days Payable increased from Mar. 2025 (106.48) to Mar. 2026 (106.91). It may suggest that Wuxi New Hongtai Electrical Technology Co delayed paying its suppliers.


Wuxi New Hongtai Electrical Technology Co Days Payable Related Terms


Wuxi New Hongtai Electrical Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wuxi New Hongtai Electrical Technology 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.

Wuxi New Hongtai Electrical Technology Co Days Payable Chart

Wuxi New Hongtai Electrical Technology 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 105.77 102.78 98.01 96.43 98.80

Wuxi New Hongtai Electrical Technology 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 106.48 88.33 100.90 108.50 106.91

SHSE:603016 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Wuxi New Hongtai Electrical Technology 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.


Wuxi New Hongtai Electrical Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Wuxi New Hongtai Electrical Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuxi New Hongtai Electrical Technology Co's Days Payable falls into.


SHSE:603016
54GF Score
Wuxi New Hongtai Electrical Technology Co Ltd SHSE:603016
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wuxi New Hongtai Electrical Technology 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.

Wuxi New Hongtai Electrical Technology 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
=( (114.851 + 121.931) / 2 ) / 437.377*365
=118.391 / 437.377*365
=98.80

Wuxi New Hongtai Electrical Technology 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
=( (121.931 + 107.247) / 2 ) / 97.802*365 / 4
=114.589 / 97.802*365 / 4
=106.91

* 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 106.91 mean?
Wuxi New Hongtai Electrical Technology Co (SHSE:603016) has a Days Payable of 106.91 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 Wuxi New Hongtai Electrical Technology Co and its competitors. This is near median its historical median of 108.78. Over the past decade, Wuxi New Hongtai Electrical Technology Co's Days Payable has ranged from 96.43 to 123.52. According to the industry distribution chart, Wuxi New Hongtai Electrical Technology Co ranks #800 out of 2440 companies in the Hardware industry, placing it in the top 32.8%.
Is Wuxi New Hongtai Electrical Technology Co's Days Payable too high?
Wuxi New Hongtai Electrical Technology Co's current Days Payable of 106.91 is near median its 10-year median of 108.78. Over the past 10 years, this metric has ranged from a low of 96.43 to a high of 123.52. The Hardware industry median Days Payable is 69.96. Wuxi New Hongtai Electrical Technology Co's value of 106.91 is 52.8% above this industry median. Based on the distribution chart, Wuxi New Hongtai Electrical Technology Co ranks #800 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Wuxi New Hongtai Electrical Technology Co has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Wuxi New Hongtai Electrical Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Wuxi New Hongtai Electrical Technology Co ranks #800 out of 2440 companies for Days Payable. This puts Wuxi New Hongtai Electrical Technology Co in the upper half of its industry. The industry median Days Payable is 69.96. Wuxi New Hongtai Electrical Technology Co's value of 106.91 is 52.8% above this benchmark. Historically, Wuxi New Hongtai Electrical Technology Co's own Days Payable has ranged from 96.43 to 123.52 over the past decade. While the company's 10-year median is 108.78 vs. the industry median of 69.96, Wuxi New Hongtai Electrical Technology 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 Hardware company?
The median Days Payable among Hardware companies is 69.96, based on 2,440 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. Wuxi New Hongtai Electrical Technology Co's current Days Payable of 106.91 is 52.8% 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 Wuxi New Hongtai Electrical Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxi New Hongtai Electrical Technology Co's current Days Payable is 106.91, which is near median its own 10-year median of 108.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi New Hongtai Electrical Technology Co stock overvalued right now?
Wuxi New Hongtai Electrical Technology Co (SHSE:603016) has a current Days Payable of 106.91. The current Days Payable is 106.91, which is near median its 10-year median of 108.78 and 52.8% above the Hardware industry median of 69.96. Wuxi New Hongtai Electrical Technology Co's overall GF Score™ is 54/100 with 6 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 Wuxi New Hongtai Electrical Technology Co (SHSE:603016), the current Days Payable is 106.91 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.

Wuxi New Hongtai Electrical Technology Co Business Description

Address No. 18 Yanxin Road, Yanqiao Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214174
Wuxi New Hongtai Electrical Technology Co Ltd is engaged in the development, production, and sale of electronic components including circuit breakers, low-voltage circuit breakers and fuse switch knife. Its main products include low voltage circuit breakers and circuit breakers, BMC/SMC molded insulating materials and products, micro motors and electric operating mechanisms, knife fuse switches.
54GF Score

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

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