Flying Technology Co (SHSE:603488) Days Payable: 76.82 (As of Jun. 2026) — 35% Below Median

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SHSE:603488 Flying Technology Co Ltd SHSE:603488
75 GF Score
Price ¥8.30
GF Value ¥10.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Flying Technology Co Days Payable?

Flying Technology Co SHSE:603488 +3.88% 75 Days Payable is 76.82 as of Jun. 2026, which is 35% below its 10-year median of 118.28. GuruFocus rates SHSE:603488 with a GF Score™ of 75/100 and a GF Value™ of ¥10.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,013 Industrial Products companies, Flying Technology Co ranks worse than 51.18% on this metric.

Flying Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥95.6 Mil. Flying Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥113.5 Mil. Hence, Flying Technology Co's Days Payable for the three months ended in Jun. 2026 was 76.82.

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

SHSE:603488' s Days Payable Range Over the Past 10 Years
Min: 76.19   Med: 118.28   Max: 130.96
Current: 76.19

During the past 12 years, Flying Technology Co's highest Days Payable was 130.96. The lowest was 76.19. And the median was 118.28.

SHSE:603488's Days Payable is ranked worse than
51.18% of 3013 companies
in the Industrial Products industry
Industry Median: 78.58 vs SHSE:603488: 76.19

Flying Technology Co's Days Payable declined from Jun. 2025 (94.42) to Jun. 2026 (76.82). It may suggest that Flying Technology Co accelerated paying its suppliers.


Flying Technology Co Days Payable Historical Data

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The historical data trend for Flying Technology 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.

Flying Technology Co Days Payable Chart

Flying Technology 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 97.36 103.78 96.58 102.52 86.23

Flying Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 94.42 97.07 43.97 140.56 76.82

SHSE:603488 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Flying Technology 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.


Flying Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flying Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Flying Technology Co's Days Payable falls into.


SHSE:603488
75GF Score
Flying Technology Co Ltd SHSE:603488
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Flying Technology 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.

Flying Technology 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
=( (105.22854522 + 108.05736079) / 2 ) / 451.42180082*365
=106.642953005 / 451.42180082*365
=86.23

Flying Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (97.81794912 + 93.29745344) / 2 ) / 113.51278704*365 / 4
=95.55770128 / 113.51278704*365 / 4
=76.82

* 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 76.82 mean?
Flying Technology Co (SHSE:603488) has a Days Payable of 76.82 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 Flying Technology Co and its competitors. This is 35% below median its historical median of 118.28. Over the past decade, Flying Technology Co's Days Payable has ranged from 76.19 to 130.96. According to the industry distribution chart, Flying Technology Co ranks #1542 out of 3013 companies in the Industrial Products industry, placing it in the top 51.2%.
Is Flying Technology Co's Days Payable too high?
Flying Technology Co's current Days Payable of 76.82 is 35% below median its 10-year median of 118.28. Over the past 10 years, this metric has ranged from a low of 76.19 to a high of 130.96. The Industrial Products industry median Days Payable is 78.58. Flying Technology Co's value of 76.82 is 2.2% below this industry median. Based on the distribution chart, Flying Technology Co ranks #1542 out of 3013 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Flying Technology Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flying Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Flying Technology Co ranks #1542 out of 3013 companies for Days Payable. This places Flying Technology Co in the lower half of its industry. The industry median Days Payable is 78.58. Flying Technology Co's value of 76.82 is 2.2% below this benchmark. Historically, Flying Technology Co's own Days Payable has ranged from 76.19 to 130.96 over the past decade. While the company's 10-year median is 118.28 vs. the industry median of 78.58, Flying Technology Co has consistently been below 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 78.58, based on 3,013 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. Flying Technology Co's current Days Payable of 76.82 is 2.2% below 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 Flying Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flying Technology Co's current Days Payable is 76.82, which is 35% below median its own 10-year median of 118.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flying Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Flying Technology Co (SHSE:603488) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.53, compared to a current price of ¥8.30 — trading 21.2% below its estimated fair value. The current Days Payable is 76.82, which is 35% below median its 10-year median of 118.28 and 2.2% below the Industrial Products industry median of 78.58. Flying Technology Co's overall GF Score™ is 75/100 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 Flying Technology Co (SHSE:603488), the current Days Payable is 76.82 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 Flying Technology Co (SHSE:603488) Overvalued in 2026?

Based on GuruFocus' analysis, Flying Technology Co stock appears to be undervalued. The current stock price of ¥8.30 is trading 21.2% below its estimated GF Value™ of ¥10.53. GuruFocus considers Flying Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603488:

  • Days Payable: 76.82 (35% below median its 10-year median of 118.28)
  • GF Value™: ¥10.53 vs. price of ¥8.30 (21.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 2.2% below the Industrial Products median (#1542 of 3013)

No single metric tells the full story. See the SHSE:603488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flying Technology Co Business Description

Address No.8, Feihong Road, Liangxi District, Jiangsu Province, Wuxi, CHN, 214021
Flying Technology Co Ltd is a Chinese electrical machinery and equipment manufacturing company. The company is also engaged in the provision of installation and repair services.
75GF Score

Get the complete analysis for SHSE:603488

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

¥8.30
Price
¥10.53
GF Value