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Fuda New Material Group CoSHSE:603045 -6.86%67 Days Payable is 15.76 as of Mar. 2026, which is 14% below its 10-year median of 18.43. GuruFocus rates SHSE:603045 with a GF Score™ of 67/100 and a GF Value™ of ¥27.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Fuda New Material Group Co ranks worse than 96.05% on this metric.
The historical rank and industry rank for Fuda New Material Group Co's Days Payable or its related term are showing as below:
SHSE:603045'
s Days Payable Range Over the Past 10 Years
Min: 8.91 Med: 18.43 Max: 32.92
Current: 16.72
During the past 13 years, Fuda New Material Group Co's highest Days Payable was 32.92. The lowest was 8.91. And the median was 18.43.
SHSE:603045's Days Payable is ranked worse than 96.05% of 2991
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:603045: 16.72
* 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 Electrical Equipment & Parts subindustry, Fuda New Material 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.
Fuda New Material Group Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fuda New Material Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Fuda New Material Group Co's Days Payable falls into.
Fuda New Material 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.
* 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.
Fuda New Material Group Co (SHSE:603045) has a Days Payable of 15.76 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 Fuda New Material Group Co and its competitors. This is 14% below median its historical median of 18.43. Over the past decade, Fuda New Material Group Co's Days Payable has ranged from 8.91 to 32.92. According to the industry distribution chart, Fuda New Material Group Co ranks #2873 out of 2991 companies in the Industrial Products industry, placing it in the top 96.1%.
Is Fuda New Material Group Co's Days Payable too high?
Fuda New Material Group Co's current Days Payable of 15.76 is 14% below median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 8.91 to a high of 32.92. The Industrial Products industry median Days Payable is 78.05. Fuda New Material Group Co's value of 15.76 is 79.8% below this industry median. Based on the distribution chart, Fuda New Material Group Co ranks #2873 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fuda New Material Group Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuda New Material Group Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fuda New Material Group Co ranks #2873 out of 2991 companies for Days Payable. This places Fuda New Material Group Co in the lower half of its industry. The industry median Days Payable is 78.05. Fuda New Material Group Co's value of 15.76 is 79.8% below this benchmark. Historically, Fuda New Material Group Co's own Days Payable has ranged from 8.91 to 32.92 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 78.05, Fuda New Material Group 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Fuda New Material Group Co's current Days Payable of 15.76 is 79.8% 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 Fuda New Material Group 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. Fuda New Material Group Co's current Days Payable is 15.76, which is 14% below median its own 10-year median of 18.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuda New Material Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fuda New Material Group Co (SHSE:603045) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥27.26, compared to a current price of ¥58.21 — trading 113.5% above its estimated fair value. The current Days Payable is 15.76, which is 14% below median its 10-year median of 18.43 and 79.8% below the Industrial Products industry median of 78.05. Fuda New Material Group Co's overall GF Score™ is 67/100 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 Fuda New Material Group Co (SHSE:603045), the current Days Payable is 15.76 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 Fuda New Material Group Co (SHSE:603045) Overvalued in 2026?
Based on GuruFocus' analysis, Fuda New Material Group Co stock appears to be overvalued.
The current stock price of ¥58.21 is trading 113.5% above its estimated GF Value™ of ¥27.26.
GuruFocus considers Fuda New Material Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603045:
Days Payable: 15.76 (14% below median its 10-year median of 18.43)
GF Value™: ¥27.26 vs. price of ¥58.21 (113.5% above fair value)
Industry Position: 79.8% below the Industrial Products median (#2873 of 2991)
No single metric tells the full story. See the SHSE:603045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuda New Material Group Co Ltd is engaged in the manufacturing of power electronic components; sales of power electronic components; manufacturing of electronic components; manufacturing of power transmission, distribution.
67GF Score
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