Guangzhou Baiyun Electric Equipment Co (SHSE:603861) Days Payable: 381.24 (As of Mar. 2026) — 39% Above Median

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SHSE:603861 Guangzhou Baiyun Electric Equipment Co Ltd SHSE:603861
81 GF Score
Price ¥11.12
GF Value ¥8.70
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Guangzhou Baiyun Electric Equipment Co Days Payable?

Guangzhou Baiyun Electric Equipment Co SHSE:603861 +0.18% 81 Days Payable is 381.24 as of Mar. 2026, which is 39% above its 10-year median of 274.09. GuruFocus rates SHSE:603861 with a GF Score™ of 81/100 and a GF Value™ of ¥8.70 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,991 Industrial Products companies, Guangzhou Baiyun Electric Equipment Co ranks better than 95.39% on this metric.

Guangzhou Baiyun Electric Equipment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,326 Mil. Guangzhou Baiyun Electric Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥796 Mil. Hence, Guangzhou Baiyun Electric Equipment Co's Days Payable for the three months ended in Mar. 2026 was 381.24.

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

SHSE:603861' s Days Payable Range Over the Past 10 Years
Min: 196.62   Med: 274.09   Max: 327.19
Current: 311.45

During the past 13 years, Guangzhou Baiyun Electric Equipment Co's highest Days Payable was 327.19. The lowest was 196.62. And the median was 274.09.

SHSE:603861's Days Payable is ranked better than
95.39% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs SHSE:603861: 311.45

Guangzhou Baiyun Electric Equipment Co's Days Payable declined from Mar. 2025 (398.52) to Mar. 2026 (381.24). It may suggest that Guangzhou Baiyun Electric Equipment Co accelerated paying its suppliers.


Guangzhou Baiyun Electric Equipment Co Days Payable Related Terms


Guangzhou Baiyun Electric Equipment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Guangzhou Baiyun Electric Equipment 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.

Guangzhou Baiyun Electric Equipment Co Days Payable Chart

Guangzhou Baiyun Electric Equipment 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 277.18 327.19 286.36 288.59 315.70

Guangzhou Baiyun Electric Equipment 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 398.52 302.03 326.01 264.65 381.24

SHSE:603861 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Guangzhou Baiyun Electric 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.


Guangzhou Baiyun Electric Equipment Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Baiyun Electric Equipment Co's Days Payable distribution charts can be found below:

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


SHSE:603861
81GF Score
Guangzhou Baiyun Electric Equipment Co Ltd SHSE:603861
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangzhou Baiyun Electric 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.

Guangzhou Baiyun Electric Equipment 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
=( (3469.243 + 3410.967) / 2 ) / 3977.257*365
=3440.105 / 3977.257*365
=315.70

Guangzhou Baiyun Electric Equipment 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
=( (3410.967 + 3240.464) / 2 ) / 796.003*365 / 4
=3325.7155 / 796.003*365 / 4
=381.24

* 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 381.24 mean?
Guangzhou Baiyun Electric Equipment Co (SHSE:603861) has a Days Payable of 381.24 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 Guangzhou Baiyun Electric Equipment Co and its competitors. This is 39% above median its historical median of 274.09. Over the past decade, Guangzhou Baiyun Electric Equipment Co's Days Payable has ranged from 196.62 to 327.19. According to the industry distribution chart, Guangzhou Baiyun Electric Equipment Co ranks #138 out of 2991 companies in the Industrial Products industry, placing it in the top 4.6%.
Is Guangzhou Baiyun Electric Equipment Co's Days Payable too high?
Guangzhou Baiyun Electric Equipment Co's current Days Payable of 381.24 is 39% above median its 10-year median of 274.09. Over the past 10 years, this metric has ranged from a low of 196.62 to a high of 327.19. The Industrial Products industry median Days Payable is 77.97. Guangzhou Baiyun Electric Equipment Co's value of 381.24 is 389% above this industry median. Based on the distribution chart, Guangzhou Baiyun Electric Equipment Co ranks #138 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Guangzhou Baiyun Electric Equipment Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Baiyun Electric Equipment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Guangzhou Baiyun Electric Equipment Co ranks #138 out of 2991 companies for Days Payable. This places Guangzhou Baiyun Electric Equipment Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.97. Guangzhou Baiyun Electric Equipment Co's value of 381.24 is 389% above this benchmark. Historically, Guangzhou Baiyun Electric Equipment Co's own Days Payable has ranged from 196.62 to 327.19 over the past decade. While the company's 10-year median is 274.09 vs. the industry median of 77.97, Guangzhou Baiyun Electric 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Guangzhou Baiyun Electric Equipment Co's current Days Payable of 381.24 is 389% 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 Guangzhou Baiyun Electric Equipment Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Baiyun Electric Equipment Co's current Days Payable is 381.24, which is 39% above median its own 10-year median of 274.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Baiyun Electric Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Baiyun Electric Equipment Co (SHSE:603861) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.70, compared to a current price of ¥11.12 — trading 27.8% above its estimated fair value. The current Days Payable is 381.24, which is 39% above median its 10-year median of 274.09 and 389% above the Industrial Products industry median of 77.97. Guangzhou Baiyun Electric Equipment Co's overall GF Score™ is 81/100 with 8 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 Guangzhou Baiyun Electric Equipment Co (SHSE:603861), the current Days Payable is 381.24 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 Guangzhou Baiyun Electric Equipment Co (SHSE:603861) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Baiyun Electric Equipment Co stock appears to be overvalued. The current stock price of ¥11.12 is trading 27.8% above its estimated GF Value™ of ¥8.70. GuruFocus considers Guangzhou Baiyun Electric Equipment Co to be Modestly Overvalued.

Key valuation signals for SHSE:603861:

  • Days Payable: 381.24 (39% above median its 10-year median of 274.09)
  • GF Value™: ¥8.70 vs. price of ¥11.12 (27.8% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 389% above the Industrial Products median (#138 of 2991)

No single metric tells the full story. See the SHSE:603861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangzhou Baiyun Electric Equipment Co Business Description

Address No.18 Daling South Road, Shenshan Industrial Zone, Jianggao Town, Baiyun District, Guangzhou, CHN, 510460
Guangzhou Baiyun Electric Equipment Co Ltd engages in the research, development, manufacture, and sales of high and low voltage switchgear assemblies and components. Its products include gas-insulated substation integrated electric equipment, high and low voltage assembly, direct current traction, low voltage components, prefabricated transformer substation, and intelligent products. Its products are used in rail transit, grid, power generation, metallurgy of iron and steel, petroleum, paper, automotive, nuclear power, municipal facilities, building, and other fields.
81GF Score

Get the complete analysis for SHSE:603861

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

¥11.12
Price
¥8.70
GF Value