Ningbo TIP Rubber Technology Co (SHSE:605255) Days Payable: 45.25 (As of Mar. 2026) — 22% Below Median

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SHSE:605255 Ningbo TIP Rubber Technology Co Ltd SHSE:605255
58 GF Score
Price ¥81.80
GF Value ¥15.49
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ningbo TIP Rubber Technology Co Days Payable?

Ningbo TIP Rubber Technology Co SHSE:605255 -6.18% 58 Days Payable is 45.25 as of Mar. 2026, which is 22% below its 10-year median of 57.67. GuruFocus rates SHSE:605255 with a GF Score™ of 58/100 and a GF Value™ of ¥15.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Ningbo TIP Rubber Technology Co ranks worse than 76.89% on this metric.

Ningbo TIP Rubber Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥22.5 Mil. Ningbo TIP Rubber Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥45.4 Mil. Hence, Ningbo TIP Rubber Technology Co's Days Payable for the three months ended in Mar. 2026 was 45.25.

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

SHSE:605255' s Days Payable Range Over the Past 10 Years
Min: 38.8   Med: 57.67   Max: 177.92
Current: 38.8

During the past 10 years, Ningbo TIP Rubber Technology Co's highest Days Payable was 177.92. The lowest was 38.80. And the median was 57.67.

SHSE:605255's Days Payable is ranked worse than
76.89% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs SHSE:605255: 38.80

Ningbo TIP Rubber Technology Co's Days Payable increased from Mar. 2025 (41.20) to Mar. 2026 (45.25). It may suggest that Ningbo TIP Rubber Technology Co delayed paying its suppliers.


Ningbo TIP Rubber Technology Co Days Payable Related Terms


Ningbo TIP Rubber Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningbo TIP Rubber Technology 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 TIP Rubber Technology Co Days Payable Chart

Ningbo TIP Rubber Technology 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 177.92 119.76 48.90 48.86 43.31

Ningbo TIP Rubber Technology 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 41.20 35.72 36.12 38.11 45.25

SHSE:605255 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Ningbo TIP Rubber 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.


Ningbo TIP Rubber Technology Co Days Payable vs Vehicles & Parts Industry

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

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


SHSE:605255
58GF Score
Ningbo TIP Rubber Technology Co Ltd SHSE:605255
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo TIP Rubber 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.

Ningbo TIP Rubber Technology 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
=( (27.218 + 21.643) / 2 ) / 205.871*365
=24.4305 / 205.871*365
=43.31

Ningbo TIP Rubber Technology 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
=( (21.643 + 23.397) / 2 ) / 45.414*365 / 4
=22.52 / 45.414*365 / 4
=45.25

* 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 45.25 mean?
Ningbo TIP Rubber Technology Co (SHSE:605255) has a Days Payable of 45.25 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 TIP Rubber Technology Co and its competitors. This is 22% below median its historical median of 57.67. Over the past decade, Ningbo TIP Rubber Technology Co's Days Payable has ranged from 38.80 to 177.92. According to the industry distribution chart, Ningbo TIP Rubber Technology Co ranks #1005 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 76.9%.
Is Ningbo TIP Rubber Technology Co's Days Payable too high?
Ningbo TIP Rubber Technology Co's current Days Payable of 45.25 is 22% below median its 10-year median of 57.67. Over the past 10 years, this metric has ranged from a low of 38.80 to a high of 177.92. The Vehicles & Parts industry median Days Payable is 67.12. Ningbo TIP Rubber Technology Co's value of 45.25 is 32.6% below this industry median. Based on the distribution chart, Ningbo TIP Rubber Technology Co ranks #1005 out of 1307 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ningbo TIP Rubber Technology Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo TIP Rubber Technology Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo TIP Rubber Technology Co ranks #1005 out of 1307 companies for Days Payable. This places Ningbo TIP Rubber Technology Co in the lower half of its industry. The industry median Days Payable is 67.12. Ningbo TIP Rubber Technology Co's value of 45.25 is 32.6% below this benchmark. Historically, Ningbo TIP Rubber Technology Co's own Days Payable has ranged from 38.80 to 177.92 over the past decade. While the company's 10-year median is 57.67 vs. the industry median of 67.12, Ningbo TIP Rubber Technology Co has consistently been below 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 67.12, based on 1,307 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 TIP Rubber Technology Co's current Days Payable of 45.25 is 32.6% below 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 TIP Rubber Technology Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo TIP Rubber Technology Co's current Days Payable is 45.25, which is 22% below median its own 10-year median of 57.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo TIP Rubber Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo TIP Rubber Technology Co (SHSE:605255) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.49, compared to a current price of ¥81.80 — trading 428.1% above its estimated fair value. The current Days Payable is 45.25, which is 22% below median its 10-year median of 57.67 and 32.6% below the Vehicles & Parts industry median of 67.12. Ningbo TIP Rubber Technology Co's overall GF Score™ is 58/100 with 4 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 TIP Rubber Technology Co (SHSE:605255), the current Days Payable is 45.25 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 TIP Rubber Technology Co (SHSE:605255) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo TIP Rubber Technology Co stock appears to be overvalued. The current stock price of ¥81.80 is trading 428.1% above its estimated GF Value™ of ¥15.49. GuruFocus considers Ningbo TIP Rubber Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:605255:

  • Days Payable: 45.25 (22% below median its 10-year median of 57.67)
  • GF Value™: ¥15.49 vs. price of ¥81.80 (428.1% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 32.6% below the Vehicles & Parts median (#1005 of 1307)

No single metric tells the full story. See the SHSE:605255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo TIP Rubber Technology Co Business Description

Address No. 5, Jinlong Road, Taoyuan Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315600
Ningbo TIP Rubber Technology Co Ltd is engaged in the production and sales of automotive polymer fluid piping systems and sealing system parts, and assemblies. The company's products include Water hose, Fuel hose, Moulded part, Assembly, Rubber compound, metal processing / plastic part, and Hydraulic hose. The company's main customers are Nissan, Mazda, Ford, Kubota, Jiangling, FAW, Geely, Toyota, Zoomlion, Kelos, etc., and it provides OEM services for automobiles, engineering vehicles, and hydraulic machinery. It operates its businesses within the domestic market and overseas markets.
58GF Score

Get the complete analysis for SHSE:605255

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

¥81.80
Price
¥15.49
GF Value