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SHSE:603076's Days Payable is ranked better than 51.79% of 2995
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:603076: 81.15
* 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 Lehui International Engineering Equipment Co Days Payable Chart
Ningbo Lehui International Engineering Equipment Co Annual Data
* 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 Lehui International Engineering Equipment Co Days Payable vs Industrial Products Industry
Ningbo Lehui International Engineering Equipment 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 Lehui International Engineering Equipment Co (SHSE:603076) has a Days Payable of 110.44 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 Lehui International Engineering Equipment Co and its competitors. This is 44% above median its historical median of 76.54. Over the past decade, Ningbo Lehui International Engineering Equipment Co's Days Payable has ranged from 59.97 to 91.12. According to the industry distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1444 out of 2995 companies in the Industrial Products industry, placing it in the top 48.2%.
Is Ningbo Lehui International Engineering Equipment Co's Days Payable too high?
Ningbo Lehui International Engineering Equipment Co's current Days Payable of 110.44 is 44% above median its 10-year median of 76.54. Over the past 10 years, this metric has ranged from a low of 59.97 to a high of 91.12. The Industrial Products industry median Days Payable is 78.05. Ningbo Lehui International Engineering Equipment Co's value of 110.44 is 41.5% above this industry median. Based on the distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1444 out of 2995 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ningbo Lehui International Engineering Equipment Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ningbo Lehui International Engineering Equipment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1444 out of 2995 companies for Days Payable. This puts Ningbo Lehui International Engineering Equipment Co in the upper half of its industry. The industry median Days Payable is 78.05. Ningbo Lehui International Engineering Equipment Co's value of 110.44 is 41.5% above this benchmark. Historically, Ningbo Lehui International Engineering Equipment Co's own Days Payable has ranged from 59.97 to 91.12 over the past decade. While the company's 10-year median is 76.54 vs. the industry median of 78.05, Ningbo Lehui International Engineering Equipment 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 2,995 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 Lehui International Engineering Equipment Co's current Days Payable of 110.44 is 41.5% 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 Lehui International Engineering Equipment 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. Ningbo Lehui International Engineering Equipment Co's current Days Payable is 110.44, which is 44% above median its own 10-year median of 76.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Lehui International Engineering Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co (SHSE:603076) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.33, compared to a current price of ¥18.75 — trading 38.2% below its estimated fair value. The current Days Payable is 110.44, which is 44% above median its 10-year median of 76.54 and 41.5% above the Industrial Products industry median of 78.05. Ningbo Lehui International Engineering Equipment Co's overall GF Score™ is 70/100 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 Lehui International Engineering Equipment Co (SHSE:603076), the current Days Payable is 110.44 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 Lehui International Engineering Equipment Co (SHSE:603076) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co stock appears to be undervalued.
The current stock price of ¥18.75 is trading 38.2% below its estimated GF Value™ of ¥30.33.
GuruFocus considers Ningbo Lehui International Engineering Equipment Co to be Possible Value Trap.
Key valuation signals for SHSE:603076:
Days Payable: 110.44 (44% above median its 10-year median of 76.54)
GF Value™: ¥30.33 vs. price of ¥18.75 (38.2% below fair value)
Industry Position: 41.5% above the Industrial Products median (#1444 of 2995)
No single metric tells the full story. See the SHSE:603076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Lehui International Engineering Equipment Co Business Description
Ningbo Lehui International Engineering Equipment Co Ltd operates as a brewery equipment manufacturing company. Its products consist of scale brewery equipment such as brew-house, cellar and filtration, craft brewery equipment, beverage and liquid food technology, bio, and food equipment, retort and automation technology comprising of renovating and reconstructing and process control system and others. The company's products have applications in beer, beverages, food, biology, medicine and other departments. It distributes its products within domestic as well as in international market.
70GF 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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