Ningbo Tianlong Electronics Co (SHSE:603266) Days Payable: 166.78 (As of Mar. 2026) — 42% Above Median

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SHSE:603266 Ningbo Tianlong Electronics Co Ltd SHSE:603266
67 GF Score
Price ¥15.09
GF Value ¥18.59
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ningbo Tianlong Electronics Co Days Payable?

Ningbo Tianlong Electronics Co SHSE:603266 +2.10% 67 Days Payable is 166.78 as of Mar. 2026, which is 42% above its 10-year median of 117.31. GuruFocus rates SHSE:603266 with a GF Score™ of 67/100 and a GF Value™ of ¥18.59 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,308 Vehicles & Parts companies, Ningbo Tianlong Electronics Co ranks better than 84.17% on this metric.

Ningbo Tianlong Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥453 Mil. Ningbo Tianlong Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥248 Mil. Hence, Ningbo Tianlong Electronics Co's Days Payable for the three months ended in Mar. 2026 was 166.78.

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

SHSE:603266' s Days Payable Range Over the Past 10 Years
Min: 91.3   Med: 117.31   Max: 163.55
Current: 151.82

During the past 13 years, Ningbo Tianlong Electronics Co's highest Days Payable was 163.55. The lowest was 91.30. And the median was 117.31.

SHSE:603266's Days Payable is ranked better than
84.17% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603266: 151.82

Ningbo Tianlong Electronics Co's Days Payable increased from Mar. 2025 (165.26) to Mar. 2026 (166.78). It may suggest that Ningbo Tianlong Electronics Co delayed paying its suppliers.


Ningbo Tianlong Electronics Co Days Payable Historical Data

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The historical data trend for Ningbo Tianlong 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.

Ningbo Tianlong Electronics Co Days Payable Chart

Ningbo Tianlong 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 120.86 136.05 143.40 149.39 163.55

Ningbo Tianlong 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 165.26 158.03 148.65 138.79 166.78

SHSE:603266 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Ningbo Tianlong 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.


Ningbo Tianlong Electronics Co Days Payable vs Vehicles & Parts Industry

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

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


SHSE:603266
67GF Score
Ningbo Tianlong Electronics Co Ltd SHSE:603266
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Tianlong 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.

Ningbo Tianlong 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
=( (445.604 + 467.168) / 2 ) / 1018.511*365
=456.386 / 1018.511*365
=163.55

Ningbo Tianlong 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
=( (467.168 + 438.247) / 2 ) / 247.684*365 / 4
=452.7075 / 247.684*365 / 4
=166.78

* 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 166.78 mean?
Ningbo Tianlong Electronics Co (SHSE:603266) has a Days Payable of 166.78 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 Tianlong Electronics Co and its competitors. This is 42% above median its historical median of 117.31. Over the past decade, Ningbo Tianlong Electronics Co's Days Payable has ranged from 91.30 to 163.55. According to the industry distribution chart, Ningbo Tianlong Electronics Co ranks #207 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 15.8%.
Is Ningbo Tianlong Electronics Co's Days Payable too high?
Ningbo Tianlong Electronics Co's current Days Payable of 166.78 is 42% above median its 10-year median of 117.31. Over the past 10 years, this metric has ranged from a low of 91.30 to a high of 163.55. The Vehicles & Parts industry median Days Payable is 67.14. Ningbo Tianlong Electronics Co's value of 166.78 is 148.4% above this industry median. Based on the distribution chart, Ningbo Tianlong Electronics Co ranks #207 out of 1308 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Tianlong Electronics Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Tianlong Electronics Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Tianlong Electronics Co ranks #207 out of 1308 companies for Days Payable. This places Ningbo Tianlong Electronics Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. Ningbo Tianlong Electronics Co's value of 166.78 is 148.4% above this benchmark. Historically, Ningbo Tianlong Electronics Co's own Days Payable has ranged from 91.30 to 163.55 over the past decade. While the company's 10-year median is 117.31 vs. the industry median of 67.14, Ningbo Tianlong 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,308 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 Tianlong Electronics Co's current Days Payable of 166.78 is 148.4% 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 Ningbo Tianlong Electronics Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Tianlong Electronics Co's current Days Payable is 166.78, which is 42% above median its own 10-year median of 117.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Tianlong Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Tianlong Electronics Co (SHSE:603266) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.59, compared to a current price of ¥15.09 — trading 18.8% below its estimated fair value. The current Days Payable is 166.78, which is 42% above median its 10-year median of 117.31 and 148.4% above the Vehicles & Parts industry median of 67.14. Ningbo Tianlong Electronics Co's overall GF Score™ is 67/100 with 1 warning sign 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 Tianlong Electronics Co (SHSE:603266), the current Days Payable is 166.78 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 Tianlong Electronics Co (SHSE:603266) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Tianlong Electronics Co stock appears to be undervalued. The current stock price of ¥15.09 is trading 18.8% below its estimated GF Value™ of ¥18.59. GuruFocus considers Ningbo Tianlong Electronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:603266:

  • Days Payable: 166.78 (42% above median its 10-year median of 117.31)
  • GF Value™: ¥18.59 vs. price of ¥15.09 (18.8% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 148.4% above the Vehicles & Parts median (#207 of 1308)

No single metric tells the full story. See the SHSE:603266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Tianlong Electronics Co Business Description

Address No. 116, Batang Road, Building 3, Hangzhou Bay New Area, Zhejiang Province, Ningbo, CHN, 315336
Ningbo Tianlong Electronics Co Ltd produces and sells plastic parts for electronic products in China. It offers industrial parts for use in medium-low and low voltage products, adapters, and low-voltage terminals and distribution cabinets. It also provides plastic casings for cellular phones and digital cameras; and high precision plastic parts, such as car cooling fans, gear housings, BCM housings, GID/TID housings, brush holders, filter components, and other small components for vehicles. In addition, the company produces molds for consumer products, precision automotive parts, precision industrial products; and plastic parts for printers and other consumer products, wall plates, and power sockets, as well as engages in the turnkey assembly of cell phone and digital camera mockup.
67GF Score

Get the complete analysis for SHSE:603266

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

¥15.09
Price
¥18.59
GF Value