Kingclean Electric Co (SHSE:603355) Days Payable: 92.83 (As of Mar. 2026) — 11% Below Median

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SHSE:603355 Kingclean Electric Co Ltd SHSE:603355
82 GF Score
Price ¥26.67
GF Value ¥25.31
Valuation Fairly Valued
! 7 Warning Signs
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What is Kingclean Electric Co Days Payable?

Kingclean Electric Co SHSE:603355 -2.31% 82 Days Payable is 92.83 as of Mar. 2026, which is 11% below its 10-year median of 104.70. GuruFocus rates SHSE:603355 with a GF Score™ of 82/100 and a GF Value™ of ¥25.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Kingclean Electric Co ranks better than 65.14% on this metric.

Kingclean Electric Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,856 Mil. Kingclean Electric Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,824 Mil. Hence, Kingclean Electric Co's Days Payable for the three months ended in Mar. 2026 was 92.83.

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

SHSE:603355' s Days Payable Range Over the Past 10 Years
Min: 91.21   Med: 104.7   Max: 152.91
Current: 92.03

During the past 13 years, Kingclean Electric Co's highest Days Payable was 152.91. The lowest was 91.21. And the median was 104.70.

SHSE:603355's Days Payable is ranked better than
65.14% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs SHSE:603355: 92.03

Kingclean Electric Co's Days Payable declined from Mar. 2025 (96.95) to Mar. 2026 (92.83). It may suggest that Kingclean Electric Co accelerated paying its suppliers.


Kingclean Electric Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kingclean Electric 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.

Kingclean Electric Co Days Payable Chart

Kingclean Electric 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 143.48 104.73 102.70 91.21 93.13

Kingclean Electric 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 96.95 100.28 90.93 89.15 92.83

SHSE:603355 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Kingclean Electric 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.


Kingclean Electric Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kingclean Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kingclean Electric Co's Days Payable falls into.


SHSE:603355
82GF Score
Kingclean Electric Co Ltd SHSE:603355
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kingclean Electric 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.

Kingclean Electric 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
=( (1916.273 + 2002.138) / 2 ) / 7678.342*365
=1959.2055 / 7678.342*365
=93.13

Kingclean Electric 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
=( (2002.138 + 1708.867) / 2 ) / 1823.83*365 / 4
=1855.5025 / 1823.83*365 / 4
=92.83

* 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 92.83 mean?
Kingclean Electric Co (SHSE:603355) has a Days Payable of 92.83 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 Kingclean Electric Co and its competitors. This is 11% below median its historical median of 104.70. Over the past decade, Kingclean Electric Co's Days Payable has ranged from 91.21 to 152.91. According to the industry distribution chart, Kingclean Electric Co ranks #145 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 34.9%.
Is Kingclean Electric Co's Days Payable too high?
Kingclean Electric Co's current Days Payable of 92.83 is 11% below median its 10-year median of 104.70. Over the past 10 years, this metric has ranged from a low of 91.21 to a high of 152.91. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Kingclean Electric Co's value of 92.83 is 45.6% above this industry median. Based on the distribution chart, Kingclean Electric Co ranks #145 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Kingclean Electric Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingclean Electric Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kingclean Electric Co ranks #145 out of 416 companies for Days Payable. This puts Kingclean Electric Co in the upper half of its industry. The industry median Days Payable is 63.75. Kingclean Electric Co's value of 92.83 is 45.6% above this benchmark. Historically, Kingclean Electric Co's own Days Payable has ranged from 91.21 to 152.91 over the past decade. While the company's 10-year median is 104.70 vs. the industry median of 63.75, Kingclean Electric 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Kingclean Electric Co's current Days Payable of 92.83 is 45.6% 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 Kingclean Electric Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingclean Electric Co's current Days Payable is 92.83, which is 11% below median its own 10-year median of 104.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingclean Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Kingclean Electric Co (SHSE:603355) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.31, compared to a current price of ¥26.67 — trading 5.4% above its estimated fair value. The current Days Payable is 92.83, which is 11% below median its 10-year median of 104.70 and 45.6% above the Furnishings, Fixtures & Appliances industry median of 63.75. Kingclean Electric Co's overall GF Score™ is 82/100 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 Kingclean Electric Co (SHSE:603355), the current Days Payable is 92.83 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 Kingclean Electric Co (SHSE:603355) Overvalued in 2026?

Based on GuruFocus' analysis, Kingclean Electric Co stock appears to be overvalued. The current stock price of ¥26.67 is trading 5.4% above its estimated GF Value™ of ¥25.31. GuruFocus considers Kingclean Electric Co to be Fairly Valued.

Key valuation signals for SHSE:603355:

  • Days Payable: 92.83 (11% below median its 10-year median of 104.70)
  • GF Value™: ¥25.31 vs. price of ¥26.67 (5.4% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 45.6% above the Furnishings, Fixtures & Appliances median (#145 of 416)

No single metric tells the full story. See the SHSE:603355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingclean Electric Co Business Description

Address Number 1 Xiangyang Road, Suzhou New District, Jiangsu Province, Suzhou, CHN, 215009
Kingclean Electric Co Ltd is a China-based company engaged in manufacturing and selling of vacuum cleaners. It also offers garden tools, car motor, hard floor polisher, carpet washer and small home appliances like food cooking machine, juicer, and soymilk maker. The company operates three categories of its core business, High-speed motor and automobile motor, Cleaning appliance and kitchen appliance, and Garden tool products.
82GF Score

Get the complete analysis for SHSE:603355

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

¥26.67
Price
¥25.31
GF Value