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Runner (Xiamen)SHSE:603408 87 Days Payable is 87.82 as of Jun. 2026, which is 7% below its 10-year median of 94.38. GuruFocus rates SHSE:603408 with a GF Score™ of 87/100 and a GF Value™ of ¥14.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,007 Industrial Products companies, Runner (Xiamen) ranks better than 57.9% on this metric.
The historical rank and industry rank for Runner (Xiamen)'s Days Payable or its related term are showing as below:
SHSE:603408'
s Days Payable Range Over the Past 10 Years
Min: 89.37 Med: 94.38 Max: 105.82
Current: 93.39
During the past 10 years, Runner (Xiamen)'s highest Days Payable was 105.82. The lowest was 89.37. And the median was 94.38.
SHSE:603408's Days Payable is ranked better than 57.9% of 3007
companies
in the Industrial Products industry
Industry Median: 78.42
vs SHSE:603408: 93.39
Runner (Xiamen)'s Days Payable
declined
from Jun. 2025 (98.27) to Jun. 2026 (87.82).
It may suggest that Runner (Xiamen)accelerated paying its suppliers.
The historical data trend for Runner (Xiamen)'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.
SHSE:603408 vs VLTO, ZWS, CECO: Days Payable Comparison
For the Pollution & Treatment Controls subindustry, Runner (Xiamen)'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.
Runner (Xiamen) Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Runner (Xiamen)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Runner (Xiamen)'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.
Runner (Xiamen)'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.
Runner (Xiamen) (SHSE:603408) has a Days Payable of 87.82 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Runner (Xiamen) and its competitors. This is near median its historical median of 94.38. Over the past decade, Runner (Xiamen)'s Days Payable has ranged from 89.37 to 105.82. According to the industry distribution chart, Runner (Xiamen) ranks #1266 out of 3007 companies in the Industrial Products industry, placing it in the top 42.1%.
Is Runner (Xiamen)'s Days Payable too high?
Runner (Xiamen)'s current Days Payable of 87.82 is near median its 10-year median of 94.38. Over the past 10 years, this metric has ranged from a low of 89.37 to a high of 105.82. The Industrial Products industry median Days Payable is 78.42. Runner (Xiamen)'s value of 87.82 is 12% above this industry median. Based on the distribution chart, Runner (Xiamen) ranks #1266 out of 3007 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Runner (Xiamen) has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Runner (Xiamen)'s Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Runner (Xiamen) ranks #1266 out of 3007 companies for Days Payable. This puts Runner (Xiamen) in the upper half of its industry. The industry median Days Payable is 78.42. Runner (Xiamen)'s value of 87.82 is 12% above this benchmark. Historically, Runner (Xiamen)'s own Days Payable has ranged from 89.37 to 105.82 over the past decade. While the company's 10-year median is 94.38 vs. the industry median of 78.42, Runner (Xiamen) 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 78.42, based on 3,007 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. Runner (Xiamen)'s current Days Payable of 87.82 is 12% 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 Runner (Xiamen) and its competitors. For the Industrial Products industry, the median Days Payable is 78.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Runner (Xiamen)'s current Days Payable is 87.82, which is near median its own 10-year median of 94.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Runner (Xiamen) stock overvalued right now?
Based on GuruFocus' analysis, Runner (Xiamen) (SHSE:603408) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.38, compared to a current price of ¥11.98 — trading 16.7% below its estimated fair value. The current Days Payable is 87.82, which is near median its 10-year median of 94.38 and 12% above the Industrial Products industry median of 78.42. Runner (Xiamen)'s overall GF Score™ is 87/100 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 Runner (Xiamen) (SHSE:603408), the current Days Payable is 87.82 as of Jun. 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 Runner (Xiamen) (SHSE:603408) Overvalued in 2026?
Based on GuruFocus' analysis, Runner (Xiamen) stock appears to be undervalued.
The current stock price of ¥11.98 is trading 16.7% below its estimated GF Value™ of ¥14.38.
GuruFocus considers Runner (Xiamen) to be Modestly Undervalued.
Key valuation signals for SHSE:603408:
Days Payable: 87.82 (near median its 10-year median of 94.38)
GF Value™: ¥14.38 vs. price of ¥11.98 (16.7% below fair value)
Industry Position: 12% above the Industrial Products median (#1266 of 3007)
No single metric tells the full story. See the SHSE:603408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Runner (Xiamen) Corp is engaged in Research, design, production and sales of kitchen and bathroom products, water purification products and other products.
87GF Score
Get the complete analysis for SHSE:603408
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