Shanghai Kelai Mechatronics Engineering Co (SHSE:603960) Days Payable: 80.70 (As of Jun. 2026) — 12% Above Median

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SHSE:603960 Shanghai Kelai Mechatronics Engineering Co Ltd SHSE:603960
73 GF Score
Price ¥16.81
GF Value ¥16.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Shanghai Kelai Mechatronics Engineering Co Days Payable?

Shanghai Kelai Mechatronics Engineering Co SHSE:603960 +4.54% 73 Days Payable is 80.70 as of Jun. 2026, which is 12% above its 10-year median of 71.87. GuruFocus rates SHSE:603960 with a GF Score™ of 73/100 and a GF Value™ of ¥16.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Shanghai Kelai Mechatronics Engineering Co ranks worse than 53.91% on this metric.

Shanghai Kelai Mechatronics Engineering Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥85.3 Mil. Shanghai Kelai Mechatronics Engineering Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥96.4 Mil. Hence, Shanghai Kelai Mechatronics Engineering Co's Days Payable for the three months ended in Jun. 2026 was 80.70.

The historical rank and industry rank for Shanghai Kelai Mechatronics Engineering Co's Days Payable or its related term are showing as below:

SHSE:603960' s Days Payable Range Over the Past 10 Years
Min: 57.12   Med: 71.87   Max: 109.21
Current: 71.35

During the past 13 years, Shanghai Kelai Mechatronics Engineering Co's highest Days Payable was 109.21. The lowest was 57.12. And the median was 71.87.

SHSE:603960's Days Payable is ranked worse than
53.91% of 3007 companies
in the Industrial Products industry
Industry Median: 78.29 vs SHSE:603960: 71.35

Shanghai Kelai Mechatronics Engineering Co's Days Payable increased from Jun. 2025 (50.71) to Jun. 2026 (80.70). It may suggest that Shanghai Kelai Mechatronics Engineering Co delayed paying its suppliers.


Shanghai Kelai Mechatronics Engineering Co Days Payable Related Terms


Shanghai Kelai Mechatronics Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Kelai Mechatronics Engineering 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.

Shanghai Kelai Mechatronics Engineering Co Days Payable Chart

Shanghai Kelai Mechatronics Engineering 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 109.21 87.38 71.27 67.00 72.47

Shanghai Kelai Mechatronics Engineering 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 50.71 78.64 40.17 89.26 80.70

SHSE:603960 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Kelai Mechatronics Engineering 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.


Shanghai Kelai Mechatronics Engineering Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Kelai Mechatronics Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Kelai Mechatronics Engineering Co's Days Payable falls into.


SHSE:603960
73GF Score
Shanghai Kelai Mechatronics Engineering Co Ltd SHSE:603960
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Kelai Mechatronics Engineering 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.

Shanghai Kelai Mechatronics Engineering 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
=( (93.672 + 65.512) / 2 ) / 400.885*365
=79.592 / 400.885*365
=72.47

Shanghai Kelai Mechatronics Engineering 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
=( (46.496 + 124.09) / 2 ) / 96.445*365 / 4
=85.293 / 96.445*365 / 4
=80.70

* 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 80.70 mean?
Shanghai Kelai Mechatronics Engineering Co (SHSE:603960) has a Days Payable of 80.70 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 Shanghai Kelai Mechatronics Engineering Co and its competitors. This is 12% above median its historical median of 71.87. Over the past decade, Shanghai Kelai Mechatronics Engineering Co's Days Payable has ranged from 57.12 to 109.21. According to the industry distribution chart, Shanghai Kelai Mechatronics Engineering Co ranks #1621 out of 3007 companies in the Industrial Products industry, placing it in the top 53.9%.
Is Shanghai Kelai Mechatronics Engineering Co's Days Payable too high?
Shanghai Kelai Mechatronics Engineering Co's current Days Payable of 80.70 is 12% above median its 10-year median of 71.87. Over the past 10 years, this metric has ranged from a low of 57.12 to a high of 109.21. The Industrial Products industry median Days Payable is 78.29. Shanghai Kelai Mechatronics Engineering Co's value of 80.70 is 3.1% above this industry median. Based on the distribution chart, Shanghai Kelai Mechatronics Engineering Co ranks #1621 out of 3007 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shanghai Kelai Mechatronics Engineering Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Kelai Mechatronics Engineering Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Kelai Mechatronics Engineering Co ranks #1621 out of 3007 companies for Days Payable. This places Shanghai Kelai Mechatronics Engineering Co in the lower half of its industry. The industry median Days Payable is 78.29. Shanghai Kelai Mechatronics Engineering Co's value of 80.70 is 3.1% above this benchmark. Historically, Shanghai Kelai Mechatronics Engineering Co's own Days Payable has ranged from 57.12 to 109.21 over the past decade. While the company's 10-year median is 71.87 vs. the industry median of 78.29, Shanghai Kelai Mechatronics Engineering 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 78.29, 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. Shanghai Kelai Mechatronics Engineering Co's current Days Payable of 80.70 is 3.1% 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 Shanghai Kelai Mechatronics Engineering Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Kelai Mechatronics Engineering Co's current Days Payable is 80.70, which is 12% above median its own 10-year median of 71.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Kelai Mechatronics Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Kelai Mechatronics Engineering Co (SHSE:603960) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.24, compared to a current price of ¥16.81 — trading 3.5% above its estimated fair value. The current Days Payable is 80.70, which is 12% above median its 10-year median of 71.87 and 3.1% above the Industrial Products industry median of 78.29. Shanghai Kelai Mechatronics Engineering Co's overall GF Score™ is 73/100 with 5 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 Shanghai Kelai Mechatronics Engineering Co (SHSE:603960), the current Days Payable is 80.70 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 Shanghai Kelai Mechatronics Engineering Co (SHSE:603960) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Kelai Mechatronics Engineering Co stock appears to be overvalued. The current stock price of ¥16.81 is trading 3.5% above its estimated GF Value™ of ¥16.24. GuruFocus considers Shanghai Kelai Mechatronics Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:603960:

  • Days Payable: 80.70 (12% above median its 10-year median of 71.87)
  • GF Value™: ¥16.24 vs. price of ¥16.81 (3.5% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 3.1% above the Industrial Products median (#1621 of 3007)

No single metric tells the full story. See the SHSE:603960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Kelai Mechatronics Engineering Co Business Description

Address 1555 Luo Dong Road, Baoshan District, Shanghai, CHN, 200949
Shanghai Kelai Mechatronics Engineering Co Ltd is a provider of automation equipment and industrial robot system application in China. The company is engaged in the research, development and manufacture of non-standard intelligent equipment and industrial robot system integration. Its products are widely used in automobiles, 3C electronics, food, Tobacco, medical machinery and other industries.
73GF Score

Get the complete analysis for SHSE:603960

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

¥16.81
Price
¥16.24
GF Value