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SHSE:603982's Days Payable is ranked better than 63.3% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 66.545
vs SHSE:603982: 87.34
* 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.
Nanjing Chervon Auto Precision Technology Co Days Payable Chart
Nanjing Chervon Auto Precision Technology Co Annual Data
For the Auto Parts subindustry, Nanjing Chervon Auto Precision 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.
Nanjing Chervon Auto Precision Technology Co Days Payable vs Vehicles & Parts Industry
Nanjing Chervon Auto Precision 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.
* 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.
Nanjing Chervon Auto Precision Technology Co (SHSE:603982) has a Days Payable of 97.75 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 Nanjing Chervon Auto Precision Technology Co and its competitors. This is near median its historical median of 93.86. Over the past decade, Nanjing Chervon Auto Precision Technology Co's Days Payable has ranged from 59.30 to 108.70. According to the industry distribution chart, Nanjing Chervon Auto Precision Technology Co ranks #480 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 36.7%.
Is Nanjing Chervon Auto Precision Technology Co's Days Payable too high?
Nanjing Chervon Auto Precision Technology Co's current Days Payable of 97.75 is near median its 10-year median of 93.86. Over the past 10 years, this metric has ranged from a low of 59.30 to a high of 108.70. The Vehicles & Parts industry median Days Payable is 66.55. Nanjing Chervon Auto Precision Technology Co's value of 97.75 is 46.9% above this industry median. Based on the distribution chart, Nanjing Chervon Auto Precision Technology Co ranks #480 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Nanjing Chervon Auto Precision Technology Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chervon Auto Precision Technology Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nanjing Chervon Auto Precision Technology Co ranks #480 out of 1308 companies for Days Payable. This puts Nanjing Chervon Auto Precision Technology Co in the upper half of its industry. The industry median Days Payable is 66.55. Nanjing Chervon Auto Precision Technology Co's value of 97.75 is 46.9% above this benchmark. Historically, Nanjing Chervon Auto Precision Technology Co's own Days Payable has ranged from 59.30 to 108.70 over the past decade. While the company's 10-year median is 93.86 vs. the industry median of 66.55, Nanjing Chervon Auto Precision 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.55, based on 1,308 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. Nanjing Chervon Auto Precision Technology Co's current Days Payable of 97.75 is 46.9% 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 Nanjing Chervon Auto Precision Technology Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Chervon Auto Precision Technology Co's current Days Payable is 97.75, which is near median its own 10-year median of 93.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chervon Auto Precision Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chervon Auto Precision Technology Co (SHSE:603982) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.56, compared to a current price of ¥6.11 — trading 19.2% below its estimated fair value. The current Days Payable is 97.75, which is near median its 10-year median of 93.86 and 46.9% above the Vehicles & Parts industry median of 66.55. Nanjing Chervon Auto Precision Technology Co's overall GF Score™ is 61/100 with 6 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 Nanjing Chervon Auto Precision Technology Co (SHSE:603982), the current Days Payable is 97.75 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 Nanjing Chervon Auto Precision Technology Co (SHSE:603982) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Chervon Auto Precision Technology Co stock appears to be undervalued.
The current stock price of ¥6.11 is trading 19.2% below its estimated GF Value™ of ¥7.56.
GuruFocus considers Nanjing Chervon Auto Precision Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:603982:
Days Payable: 97.75 (near median its 10-year median of 93.86)
GF Value™: ¥7.56 vs. price of ¥6.11 (19.2% below fair value)
Industry Position: 46.9% above the Vehicles & Parts median (#480 of 1308)
No single metric tells the full story. See the SHSE:603982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Chervon Auto Precision Technology Co Ltd is a China based company operates in automotive business. The company is engaged in research, development, production and sales of key automotive components.
61GF Score
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