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Nancal Technology CoSHSE:603859 -2.72%93 Days Payable is 312.07 as of Mar. 2026, which is 65% above its 10-year median of 188.87. GuruFocus rates SHSE:603859 with a GF Score™ of 93/100 and a GF Value™ of ¥35.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 509 Conglomerates companies, Nancal Technology Co ranks better than 93.32% on this metric.
The historical rank and industry rank for Nancal Technology Co's Days Payable or its related term are showing as below:
SHSE:603859'
s Days Payable Range Over the Past 10 Years
Min: 126.66 Med: 188.87 Max: 291.63
Current: 256.92
During the past 13 years, Nancal Technology Co's highest Days Payable was 291.63. The lowest was 126.66. And the median was 188.87.
SHSE:603859's Days Payable is ranked better than 93.32% of 509
companies
in the Conglomerates industry
Industry Median: 56.04
vs SHSE:603859: 256.92
Nancal Technology Co's Days Payable
declined
from Mar. 2025 (329.11) to Mar. 2026 (312.07).
It may suggest that Nancal Technology Coaccelerated paying its suppliers.
Nancal Technology Co Days Payable Related Terms
Nancal Technology Co Days Payable Historical Data
* Premium members only.
The historical data trend for Nancal 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.
For the Conglomerates subindustry, Nancal 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.
Nancal Technology Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nancal Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nancal Technology 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.
Nancal Technology 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.
Nancal Technology Co (SHSE:603859) has a Days Payable of 312.07 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 Nancal Technology Co and its competitors. This is 65% above median its historical median of 188.87. Over the past decade, Nancal Technology Co's Days Payable has ranged from 126.66 to 291.63. According to the industry distribution chart, Nancal Technology Co ranks #34 out of 509 companies in the Conglomerates industry, placing it in the top 6.7%.
Is Nancal Technology Co's Days Payable too high?
Nancal Technology Co's current Days Payable of 312.07 is 65% above median its 10-year median of 188.87. Over the past 10 years, this metric has ranged from a low of 126.66 to a high of 291.63. The Conglomerates industry median Days Payable is 56.04. Nancal Technology Co's value of 312.07 is 456.9% above this industry median. Based on the distribution chart, Nancal Technology Co ranks #34 out of 509 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Nancal Technology Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nancal Technology Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nancal Technology Co ranks #34 out of 509 companies for Days Payable. This places Nancal Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.04. Nancal Technology Co's value of 312.07 is 456.9% above this benchmark. Historically, Nancal Technology Co's own Days Payable has ranged from 126.66 to 291.63 over the past decade. While the company's 10-year median is 188.87 vs. the industry median of 56.04, Nancal Technology 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 509 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. Nancal Technology Co's current Days Payable of 312.07 is 456.9% 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 Nancal Technology Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nancal Technology Co's current Days Payable is 312.07, which is 65% above median its own 10-year median of 188.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nancal Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Nancal Technology Co (SHSE:603859) is currently considered Fairly Valued. The stock's GF Value™ is ¥35.55, compared to a current price of ¥34.75 — trading 2.3% below its estimated fair value. The current Days Payable is 312.07, which is 65% above median its 10-year median of 188.87 and 456.9% above the Conglomerates industry median of 56.04. Nancal Technology Co's overall GF Score™ is 93/100 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 Nancal Technology Co (SHSE:603859), the current Days Payable is 312.07 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 Nancal Technology Co (SHSE:603859) Overvalued in 2026?
Based on GuruFocus' analysis, Nancal Technology Co stock appears to be undervalued.
The current stock price of ¥34.75 is trading 2.3% below its estimated GF Value™ of ¥35.55.
GuruFocus considers Nancal Technology Co to be Fairly Valued.
Key valuation signals for SHSE:603859:
Days Payable: 312.07 (65% above median its 10-year median of 188.87)
GF Value™: ¥35.55 vs. price of ¥34.75 (2.3% below fair value)
Industry Position: 456.9% above the Conglomerates median (#34 of 509)
No single metric tells the full story. See the SHSE:603859 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nancal Technology Co Ltd provides energy saving and intelligent manufacturing hardware and software integrated solutions for industrial enterprises in China. The company operates through the following business division Smart Electrical, Smart Charging and Smart Manufacturing. Its products are applied in the fields of petrochemical industry, iron and steel metallurgy, coal mining, aviation equipment and power new energy.
93GF Score
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