Ningbo Deye Technology (SHSE:605117) Days Payable: 194.76 (As of Mar. 2026) — 106% Above Median

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SHSE:605117 Ningbo Deye Technology Corp SHSE:605117
88 GF Score
Price ¥82.62
GF Value ¥75.97
Valuation Fairly Valued
! 3 Warning Signs
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What is Ningbo Deye Technology Days Payable?

Ningbo Deye Technology SHSE:605117 -3.26% 88 Days Payable is 194.76 as of Mar. 2026, which is 106% above its 10-year median of 94.77. GuruFocus rates SHSE:605117 with a GF Score™ of 88/100 and a GF Value™ of ¥75.97 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Ningbo Deye Technology ranks better than 85.26% on this metric.

Ningbo Deye Technology's average Accounts Payable for the three months ended in Mar. 2026 was ¥5,573 Mil. Ningbo Deye Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,611 Mil. Hence, Ningbo Deye Technology's Days Payable for the three months ended in Mar. 2026 was 194.76.

The historical rank and industry rank for Ningbo Deye Technology's Days Payable or its related term are showing as below:

SHSE:605117' s Days Payable Range Over the Past 10 Years
Min: 62.59   Med: 94.77   Max: 206.73
Current: 195.1

During the past 10 years, Ningbo Deye Technology's highest Days Payable was 206.73. The lowest was 62.59. And the median was 94.77.

SHSE:605117's Days Payable is ranked better than
85.26% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:605117: 195.10

Ningbo Deye Technology's Days Payable declined from Mar. 2025 (212.26) to Mar. 2026 (194.76). It may suggest that Ningbo Deye Technology accelerated paying its suppliers.


Ningbo Deye Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbo Deye Technology'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 Deye Technology Days Payable Chart

Ningbo Deye Technology 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 94.77 155.34 153.34 143.48 206.73

Ningbo Deye Technology 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 212.26 184.57 183.50 195.64 194.76

SHSE:605117 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Deye Technology'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 Deye Technology Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Deye Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Deye Technology's Days Payable falls into.


SHSE:605117
88GF Score
Ningbo Deye Technology Corp SHSE:605117
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Deye Technology 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 Deye Technology'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
=( (3704.739 + 4862.533) / 2 ) / 7563.159*365
=4283.636 / 7563.159*365
=206.73

Ningbo Deye Technology'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
=( (4862.533 + 6283.792) / 2 ) / 2611.144*365 / 4
=5573.1625 / 2611.144*365 / 4
=194.76

* 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 194.76 mean?
Ningbo Deye Technology (SHSE:605117) has a Days Payable of 194.76 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 Deye Technology and its competitors. This is 106% above median its historical median of 94.77. Over the past decade, Ningbo Deye Technology's Days Payable has ranged from 62.59 to 206.73. According to the industry distribution chart, Ningbo Deye Technology ranks #441 out of 2991 companies in the Industrial Products industry, placing it in the top 14.7%.
Is Ningbo Deye Technology's Days Payable too high?
Ningbo Deye Technology's current Days Payable of 194.76 is 106% above median its 10-year median of 94.77. Over the past 10 years, this metric has ranged from a low of 62.59 to a high of 206.73. The Industrial Products industry median Days Payable is 78.05. Ningbo Deye Technology's value of 194.76 is 149.5% above this industry median. Based on the distribution chart, Ningbo Deye Technology ranks #441 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Deye Technology has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Deye Technology's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Deye Technology ranks #441 out of 2991 companies for Days Payable. This places Ningbo Deye Technology in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Ningbo Deye Technology's value of 194.76 is 149.5% above this benchmark. Historically, Ningbo Deye Technology's own Days Payable has ranged from 62.59 to 206.73 over the past decade. While the company's 10-year median is 94.77 vs. the industry median of 78.05, Ningbo Deye Technology 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 78.05, 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. Ningbo Deye Technology's current Days Payable of 194.76 is 149.5% 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 Deye Technology and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Deye Technology's current Days Payable is 194.76, which is 106% above median its own 10-year median of 94.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Deye Technology stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Deye Technology (SHSE:605117) is currently considered Fairly Valued. The stock's GF Value™ is ¥75.97, compared to a current price of ¥82.62 — trading 8.8% above its estimated fair value. The current Days Payable is 194.76, which is 106% above median its 10-year median of 94.77 and 149.5% above the Industrial Products industry median of 78.05. Ningbo Deye Technology's overall GF Score™ is 88/100 with 3 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 Deye Technology (SHSE:605117), the current Days Payable is 194.76 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 Deye Technology (SHSE:605117) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Deye Technology stock appears to be overvalued. The current stock price of ¥82.62 is trading 8.8% above its estimated GF Value™ of ¥75.97. GuruFocus considers Ningbo Deye Technology to be Fairly Valued.

Key valuation signals for SHSE:605117:

  • Days Payable: 194.76 (106% above median its 10-year median of 94.77)
  • GF Value™: ¥75.97 vs. price of ¥82.62 (8.8% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 149.5% above the Industrial Products median (#441 of 2991)

No single metric tells the full story. See the SHSE:605117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Deye Technology Business Description

Address No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Corp is engaged in the research, development, manufacturing, and sale of inverters, heat exchangers, and dehumidifiers. Its product range also includes refrigeration equipment, air and water purification systems, fresh air systems, solar air conditioners, variable frequency water pumps, and electronic controllers.
88GF Score

Get the complete analysis for SHSE:605117

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

¥82.62
Price
¥75.97
GF Value