Shenzhen Gongjin Electronics Co (SHSE:603118) Days Payable: 122.68 (As of Mar. 2026) — Near Median

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SHSE:603118 Shenzhen Gongjin Electronics Co Ltd SHSE:603118
67 GF Score
Price ¥13.40
GF Value ¥12.09
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Shenzhen Gongjin Electronics Co Days Payable?

Shenzhen Gongjin Electronics Co SHSE:603118 +1.67% 67 Days Payable is 122.68 as of Mar. 2026, which is 8% above its 10-year median of 113.58. GuruFocus rates SHSE:603118 with a GF Score™ of 67/100 and a GF Value™ of ¥12.09 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,439 Hardware companies, Shenzhen Gongjin Electronics Co ranks better than 72.04% on this metric.

Shenzhen Gongjin Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,616 Mil. Shenzhen Gongjin Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,946 Mil. Hence, Shenzhen Gongjin Electronics Co's Days Payable for the three months ended in Mar. 2026 was 122.68.

The historical rank and industry rank for Shenzhen Gongjin Electronics Co's Days Payable or its related term are showing as below:

SHSE:603118' s Days Payable Range Over the Past 10 Years
Min: 91.03   Med: 113.58   Max: 155.7
Current: 109.14

During the past 13 years, Shenzhen Gongjin Electronics Co's highest Days Payable was 155.70. The lowest was 91.03. And the median was 113.58.

SHSE:603118's Days Payable is ranked better than
72.04% of 2439 companies
in the Hardware industry
Industry Median: 69.94 vs SHSE:603118: 109.14

Shenzhen Gongjin Electronics Co's Days Payable increased from Mar. 2025 (95.89) to Mar. 2026 (122.68). It may suggest that Shenzhen Gongjin Electronics Co delayed paying its suppliers.


Shenzhen Gongjin Electronics Co Days Payable Related Terms


Shenzhen Gongjin Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen Gongjin Electronics 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.

Shenzhen Gongjin Electronics Co Days Payable Chart

Shenzhen Gongjin Electronics 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 105.69 115.15 155.70 124.87 102.27

Shenzhen Gongjin Electronics 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 95.89 104.85 112.45 106.33 122.68

SHSE:603118 vs CSCO, MSI, HPE: Days Payable Comparison

For the Communication Equipment subindustry, Shenzhen Gongjin Electronics 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.


Shenzhen Gongjin Electronics Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Gongjin Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Gongjin Electronics Co's Days Payable falls into.


SHSE:603118
67GF Score
Shenzhen Gongjin Electronics Co Ltd SHSE:603118
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Gongjin Electronics 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.

Shenzhen Gongjin Electronics 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
=( (1957.928 + 2604.985) / 2 ) / 8142.575*365
=2281.4565 / 8142.575*365
=102.27

Shenzhen Gongjin Electronics 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
=( (2604.985 + 2628.001) / 2 ) / 1946.154*365 / 4
=2616.493 / 1946.154*365 / 4
=122.68

* 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 122.68 mean?
Shenzhen Gongjin Electronics Co (SHSE:603118) has a Days Payable of 122.68 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 Shenzhen Gongjin Electronics Co and its competitors. This is near median its historical median of 113.58. Over the past decade, Shenzhen Gongjin Electronics Co's Days Payable has ranged from 91.03 to 155.70. According to the industry distribution chart, Shenzhen Gongjin Electronics Co ranks #682 out of 2439 companies in the Hardware industry, placing it in the top 28%.
Is Shenzhen Gongjin Electronics Co's Days Payable too high?
Shenzhen Gongjin Electronics Co's current Days Payable of 122.68 is near median its 10-year median of 113.58. Over the past 10 years, this metric has ranged from a low of 91.03 to a high of 155.70. The Hardware industry median Days Payable is 69.94. Shenzhen Gongjin Electronics Co's value of 122.68 is 75.4% above this industry median. Based on the distribution chart, Shenzhen Gongjin Electronics Co ranks #682 out of 2439 companies in the Hardware industry, which is above the industry midpoint. Overall, Shenzhen Gongjin Electronics Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Gongjin Electronics Co's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Shenzhen Gongjin Electronics Co ranks #682 out of 2439 companies for Days Payable. This puts Shenzhen Gongjin Electronics Co in the upper half of its industry. The industry median Days Payable is 69.94. Shenzhen Gongjin Electronics Co's value of 122.68 is 75.4% above this benchmark. Historically, Shenzhen Gongjin Electronics Co's own Days Payable has ranged from 91.03 to 155.70 over the past decade. While the company's 10-year median is 113.58 vs. the industry median of 69.94, Shenzhen Gongjin Electronics 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 69.94, based on 2,439 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. Shenzhen Gongjin Electronics Co's current Days Payable of 122.68 is 75.4% 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 Shenzhen Gongjin Electronics Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Gongjin Electronics Co's current Days Payable is 122.68, which is near median its own 10-year median of 113.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Gongjin Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Gongjin Electronics Co (SHSE:603118) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.09, compared to a current price of ¥13.40 — trading 10.8% above its estimated fair value. The current Days Payable is 122.68, which is near median its 10-year median of 113.58 and 75.4% above the Hardware industry median of 69.94. Shenzhen Gongjin Electronics Co's overall GF Score™ is 67/100 with 10 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 Shenzhen Gongjin Electronics Co (SHSE:603118), the current Days Payable is 122.68 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 Shenzhen Gongjin Electronics Co (SHSE:603118) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Gongjin Electronics Co stock appears to be overvalued. The current stock price of ¥13.40 is trading 10.8% above its estimated GF Value™ of ¥12.09. GuruFocus considers Shenzhen Gongjin Electronics Co to be Modestly Overvalued.

Key valuation signals for SHSE:603118:

  • Days Payable: 122.68 (near median its 10-year median of 113.58)
  • GF Value™: ¥12.09 vs. price of ¥13.40 (10.8% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 75.4% above the Hardware median (#682 of 2439)

No single metric tells the full story. See the SHSE:603118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Gongjin Electronics Co Business Description

Address Nanshan Medical Device Industrial Park, No. 1019 Nanhai Avenue, Floor No. 2, 3, 4 and 5, Nanshan District, Guangdong, Shenzhen, CHN, 518052
Shenzhen Gongjin Electronics Co Ltd through its subsidiaries is engaged in manufacturing of broadband communication terminal products. It is specialized in the communication terminals, communication networks, and smart medical services. It also researches and develops, produces, sale and provides services of broadband access terminals, wireless communication devices and optical communication products. Its products include Cable broadband, LTE dual carrier, optical, wireless terminal.
67GF Score

Get the complete analysis for SHSE:603118

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

¥13.40
Price
¥12.09
GF Value