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SHSE:603283's Days Payable is ranked better than 82.87% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs SHSE:603283: 180.44
* 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.
Suzhou Secote Precision Electronic Co Days Payable Chart
SHSE:603283 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Suzhou Secote Precision Electronic 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.
Suzhou Secote Precision Electronic Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Suzhou Secote Precision Electronic Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Suzhou Secote Precision Electronic Co's Days Payable falls into.
Suzhou Secote Precision Electronic 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.
Suzhou Secote Precision Electronic Co (SHSE:603283) has a Days Payable of 203.44 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 Suzhou Secote Precision Electronic Co and its competitors. This is 38% above median its historical median of 147.52. Over the past decade, Suzhou Secote Precision Electronic Co's Days Payable has ranged from 85.24 to 196.64. According to the industry distribution chart, Suzhou Secote Precision Electronic Co ranks #513 out of 2994 companies in the Industrial Products industry, placing it in the top 17.1%.
Is Suzhou Secote Precision Electronic Co's Days Payable too high?
Suzhou Secote Precision Electronic Co's current Days Payable of 203.44 is 38% above median its 10-year median of 147.52. Over the past 10 years, this metric has ranged from a low of 85.24 to a high of 196.64. The Industrial Products industry median Days Payable is 78.05. Suzhou Secote Precision Electronic Co's value of 203.44 is 160.7% above this industry median. Based on the distribution chart, Suzhou Secote Precision Electronic Co ranks #513 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Secote Precision Electronic Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Secote Precision Electronic Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Secote Precision Electronic Co ranks #513 out of 2994 companies for Days Payable. This places Suzhou Secote Precision Electronic Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Suzhou Secote Precision Electronic Co's value of 203.44 is 160.7% above this benchmark. Historically, Suzhou Secote Precision Electronic Co's own Days Payable has ranged from 85.24 to 196.64 over the past decade. While the company's 10-year median is 147.52 vs. the industry median of 78.05, Suzhou Secote Precision Electronic 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 2,994 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. Suzhou Secote Precision Electronic Co's current Days Payable of 203.44 is 160.7% 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 Suzhou Secote Precision Electronic 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. Suzhou Secote Precision Electronic Co's current Days Payable is 203.44, which is 38% above median its own 10-year median of 147.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Secote Precision Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Secote Precision Electronic Co (SHSE:603283) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.84, compared to a current price of ¥43.71 — trading 46.5% above its estimated fair value. The current Days Payable is 203.44, which is 38% above median its 10-year median of 147.52 and 160.7% above the Industrial Products industry median of 78.05. Suzhou Secote Precision Electronic Co's overall GF Score™ is 77/100 with 4 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 Suzhou Secote Precision Electronic Co (SHSE:603283), the current Days Payable is 203.44 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 Suzhou Secote Precision Electronic Co (SHSE:603283) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Secote Precision Electronic Co stock appears to be overvalued.
The current stock price of ¥43.71 is trading 46.5% above its estimated GF Value™ of ¥29.84.
GuruFocus considers Suzhou Secote Precision Electronic Co to be Significantly Overvalued.
Key valuation signals for SHSE:603283:
Days Payable: 203.44 (38% above median its 10-year median of 147.52)
GF Value™: ¥29.84 vs. price of ¥43.71 (46.5% above fair value)
Industry Position: 160.7% above the Industrial Products median (#513 of 2994)
No single metric tells the full story. See the SHSE:603283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Secote Precision Electronic Co Business Description
Suzhou Secote Precision Electronic Co Ltd is engaged in the research, design, production, sales and technical services of automated production equipment, providing customers with system solutions to achieve intelligent production.
77GF Score
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