Ningbo Jifeng Auto Parts Co (SHSE:603997) Days Payable: 112.69 (As of Mar. 2026) — 45% Above Median

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SHSE:603997 Ningbo Jifeng Auto Parts Co Ltd SHSE:603997
63 GF Score
Price ¥12.81
GF Value ¥13.20
Valuation Fairly Valued
! 5 Warning Signs
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What is Ningbo Jifeng Auto Parts Co Days Payable?

Ningbo Jifeng Auto Parts Co SHSE:603997 +0.87% 63 Days Payable is 112.69 as of Mar. 2026, which is 45% above its 10-year median of 77.76. GuruFocus rates SHSE:603997 with a GF Score™ of 63/100 and a GF Value™ of ¥13.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Ningbo Jifeng Auto Parts Co ranks better than 69.52% on this metric.

Ningbo Jifeng Auto Parts Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥6,561 Mil. Ningbo Jifeng Auto Parts Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,313 Mil. Hence, Ningbo Jifeng Auto Parts Co's Days Payable for the three months ended in Mar. 2026 was 112.69.

The historical rank and industry rank for Ningbo Jifeng Auto Parts Co's Days Payable or its related term are showing as below:

SHSE:603997' s Days Payable Range Over the Past 10 Years
Min: 60.56   Med: 77.76   Max: 108.78
Current: 99.84

During the past 13 years, Ningbo Jifeng Auto Parts Co's highest Days Payable was 108.78. The lowest was 60.56. And the median was 77.76.

SHSE:603997's Days Payable is ranked better than
69.52% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.6 vs SHSE:603997: 99.84

Ningbo Jifeng Auto Parts Co's Days Payable increased from Mar. 2025 (96.15) to Mar. 2026 (112.69). It may suggest that Ningbo Jifeng Auto Parts Co delayed paying its suppliers.


Ningbo Jifeng Auto Parts Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbo Jifeng Auto Parts 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.

Ningbo Jifeng Auto Parts Co Days Payable Chart

Ningbo Jifeng Auto Parts 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 60.56 61.03 71.03 84.07 105.43

Ningbo Jifeng Auto Parts 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 96.15 88.59 99.14 98.45 112.69

SHSE:603997 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Ningbo Jifeng Auto Parts 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.


Ningbo Jifeng Auto Parts Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Jifeng Auto Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Jifeng Auto Parts Co's Days Payable falls into.


SHSE:603997
63GF Score
Ningbo Jifeng Auto Parts Co Ltd SHSE:603997
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Jifeng Auto Parts 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.

Ningbo Jifeng Auto Parts 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
=( (4535.124 + 6509.717) / 2 ) / 19117.894*365
=5522.4205 / 19117.894*365
=105.43

Ningbo Jifeng Auto Parts 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
=( (6509.717 + 6613.143) / 2 ) / 5313.163*365 / 4
=6561.43 / 5313.163*365 / 4
=112.69

* 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 112.69 mean?
Ningbo Jifeng Auto Parts Co (SHSE:603997) has a Days Payable of 112.69 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 Ningbo Jifeng Auto Parts Co and its competitors. This is 45% above median its historical median of 77.76. Over the past decade, Ningbo Jifeng Auto Parts Co's Days Payable has ranged from 60.56 to 108.78. According to the industry distribution chart, Ningbo Jifeng Auto Parts Co ranks #399 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 30.5%.
Is Ningbo Jifeng Auto Parts Co's Days Payable too high?
Ningbo Jifeng Auto Parts Co's current Days Payable of 112.69 is 45% above median its 10-year median of 77.76. Over the past 10 years, this metric has ranged from a low of 60.56 to a high of 108.78. The Vehicles & Parts industry median Days Payable is 66.60. Ningbo Jifeng Auto Parts Co's value of 112.69 is 69.2% above this industry median. Based on the distribution chart, Ningbo Jifeng Auto Parts Co ranks #399 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ningbo Jifeng Auto Parts Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jifeng Auto Parts Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Jifeng Auto Parts Co ranks #399 out of 1309 companies for Days Payable. This puts Ningbo Jifeng Auto Parts Co in the upper half of its industry. The industry median Days Payable is 66.60. Ningbo Jifeng Auto Parts Co's value of 112.69 is 69.2% above this benchmark. Historically, Ningbo Jifeng Auto Parts Co's own Days Payable has ranged from 60.56 to 108.78 over the past decade. While the company's 10-year median is 77.76 vs. the industry median of 66.60, Ningbo Jifeng Auto Parts 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 66.60, based on 1,309 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. Ningbo Jifeng Auto Parts Co's current Days Payable of 112.69 is 69.2% 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 Ningbo Jifeng Auto Parts Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Jifeng Auto Parts Co's current Days Payable is 112.69, which is 45% above median its own 10-year median of 77.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jifeng Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jifeng Auto Parts Co (SHSE:603997) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.20, compared to a current price of ¥12.81 — trading 3% below its estimated fair value. The current Days Payable is 112.69, which is 45% above median its 10-year median of 77.76 and 69.2% above the Vehicles & Parts industry median of 66.60. Ningbo Jifeng Auto Parts Co's overall GF Score™ is 63/100 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 Ningbo Jifeng Auto Parts Co (SHSE:603997), the current Days Payable is 112.69 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 Ningbo Jifeng Auto Parts Co (SHSE:603997) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Jifeng Auto Parts Co stock appears to be undervalued. The current stock price of ¥12.81 is trading 3% below its estimated GF Value™ of ¥13.20. GuruFocus considers Ningbo Jifeng Auto Parts Co to be Fairly Valued.

Key valuation signals for SHSE:603997:

  • Days Payable: 112.69 (45% above median its 10-year median of 77.76)
  • GF Value™: ¥13.20 vs. price of ¥12.81 (3% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 69.2% above the Vehicles & Parts median (#399 of 1309)

No single metric tells the full story. See the SHSE:603997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Jifeng Auto Parts Co Business Description

Address No.17, Datunhe Road, Beilun District, Zhejiang, Ningbo City, CHN, 315800
Ningbo Jifeng Auto Parts Co Ltd is principally engaged in development, manufacture, and sale of passenger car seat. The company offers automotive seat headrest and armrest assemblies, and headrest and door stems.
63GF Score

Get the complete analysis for SHSE:603997

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

¥12.81
Price
¥13.20
GF Value