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* 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.
SHSE:603297 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Ningbo Yongxin Optics 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 Yongxin Optics Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Ningbo Yongxin Optics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Yongxin Optics Co's Days Payable falls into.
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 Yongxin Optics Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Yongxin Optics Co (SHSE:603297) has a Days Payable of 88.91 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 Yongxin Optics Co and its competitors. This is near median its historical median of 88.73. Over the past decade, Ningbo Yongxin Optics Co's Days Payable has ranged from 72.36 to 97.20. According to the industry distribution chart, Ningbo Yongxin Optics Co ranks #1071 out of 2440 companies in the Hardware industry, placing it in the top 43.9%.
Is Ningbo Yongxin Optics Co's Days Payable too high?
Ningbo Yongxin Optics Co's current Days Payable of 88.91 is near median its 10-year median of 88.73. Over the past 10 years, this metric has ranged from a low of 72.36 to a high of 97.20. The Hardware industry median Days Payable is 69.61. Ningbo Yongxin Optics Co's value of 88.91 is 27.7% above this industry median. Based on the distribution chart, Ningbo Yongxin Optics Co ranks #1071 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Ningbo Yongxin Optics Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Yongxin Optics Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Ningbo Yongxin Optics Co ranks #1071 out of 2440 companies for Days Payable. This puts Ningbo Yongxin Optics Co in the upper half of its industry. The industry median Days Payable is 69.61. Ningbo Yongxin Optics Co's value of 88.91 is 27.7% above this benchmark. Historically, Ningbo Yongxin Optics Co's own Days Payable has ranged from 72.36 to 97.20 over the past decade. While the company's 10-year median is 88.73 vs. the industry median of 69.61, Ningbo Yongxin Optics 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 69.61, based on 2,440 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 Yongxin Optics Co's current Days Payable of 88.91 is 27.7% 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 Ningbo Yongxin Optics Co and its competitors. For the Hardware industry, the median Days Payable is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Yongxin Optics Co's current Days Payable is 88.91, which is near median its own 10-year median of 88.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Yongxin Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Yongxin Optics Co (SHSE:603297) is currently considered Fairly Valued. The stock's GF Value™ is ¥106.09, compared to a current price of ¥105.16 — trading 0.9% below its estimated fair value. The current Days Payable is 88.91, which is near median its 10-year median of 88.73 and 27.7% above the Hardware industry median of 69.61. Ningbo Yongxin Optics Co's overall GF Score™ is 95/100 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 Ningbo Yongxin Optics Co (SHSE:603297), the current Days Payable is 88.91 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 Yongxin Optics Co (SHSE:603297) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Yongxin Optics Co stock appears to be undervalued.
The current stock price of ¥105.16 is trading 0.9% below its estimated GF Value™ of ¥106.09.
GuruFocus considers Ningbo Yongxin Optics Co to be Fairly Valued.
Key valuation signals for SHSE:603297:
Days Payable: 88.91 (near median its 10-year median of 88.73)
GF Value™: ¥106.09 vs. price of ¥105.16 (0.9% below fair value)
Industry Position: 27.7% above the Hardware median (#1071 of 2440)
No single metric tells the full story. See the SHSE:603297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Yongxin Optics Co Ltd is a Chinese microscope manufacturer. It is engaged in manufacturing and selling biological microscopes and industrial microscopes, strips Code scanner lens, planar optics, and professional imaging optics components under the brands NOVEL, JIANGNAN, and INOVO. The company exports its products throughout Europe, America, Japan, Singapore, and other countries and regions.
95GF Score
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