Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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.
Henan Thinker Automatic Equipment Co Days Payable Chart
SHSE:603508 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co Days Payable vs Hardware Industry
Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co (SHSE:603508) has a Days Payable of 118.42 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 Henan Thinker Automatic Equipment Co and its competitors. This is near median its historical median of 124.14. Over the past decade, Henan Thinker Automatic Equipment Co's Days Payable has ranged from 102.78 to 265.34. According to the industry distribution chart, Henan Thinker Automatic Equipment Co ranks #736 out of 2440 companies in the Hardware industry, placing it in the top 30.2%.
Is Henan Thinker Automatic Equipment Co's Days Payable too high?
Henan Thinker Automatic Equipment Co's current Days Payable of 118.42 is near median its 10-year median of 124.14. Over the past 10 years, this metric has ranged from a low of 102.78 to a high of 265.34. The Hardware industry median Days Payable is 69.55. Henan Thinker Automatic Equipment Co's value of 118.42 is 70.3% above this industry median. Based on the distribution chart, Henan Thinker Automatic Equipment Co ranks #736 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Henan Thinker Automatic Equipment 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 Henan Thinker Automatic Equipment Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Henan Thinker Automatic Equipment Co ranks #736 out of 2440 companies for Days Payable. This puts Henan Thinker Automatic Equipment Co in the upper half of its industry. The industry median Days Payable is 69.55. Henan Thinker Automatic Equipment Co's value of 118.42 is 70.3% above this benchmark. Historically, Henan Thinker Automatic Equipment Co's own Days Payable has ranged from 102.78 to 265.34 over the past decade. While the company's 10-year median is 124.14 vs. the industry median of 69.55, Henan Thinker Automatic Equipment 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 69.55, 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. Henan Thinker Automatic Equipment Co's current Days Payable of 118.42 is 70.3% 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 Henan Thinker Automatic Equipment Co and its competitors. For the Hardware industry, the median Days Payable is 69.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Thinker Automatic Equipment Co's current Days Payable is 118.42, which is near median its own 10-year median of 124.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Thinker Automatic Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co (SHSE:603508) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.45, compared to a current price of ¥21.50 — trading 21.7% below its estimated fair value. The current Days Payable is 118.42, which is near median its 10-year median of 124.14 and 70.3% above the Hardware industry median of 69.55. Henan Thinker Automatic Equipment Co's overall GF Score™ is 75/100 with 2 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 Henan Thinker Automatic Equipment Co (SHSE:603508), the current Days Payable is 118.42 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 Henan Thinker Automatic Equipment Co (SHSE:603508) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co stock appears to be undervalued.
The current stock price of ¥21.50 is trading 21.7% below its estimated GF Value™ of ¥27.45.
GuruFocus considers Henan Thinker Automatic Equipment Co to be Modestly Undervalued.
Key valuation signals for SHSE:603508:
Days Payable: 118.42 (near median its 10-year median of 124.14)
GF Value™: ¥27.45 vs. price of ¥21.50 (21.7% below fair value)
Industry Position: 70.3% above the Hardware median (#736 of 2440)
No single metric tells the full story. See the SHSE:603508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.
75GF Score
Get the complete analysis for SHSE:603508
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603508 has been successfully added to your 
