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SHSE:688005's Days Payable is ranked better than 86.13% of 3007
companies
in the Industrial Products industry
Industry Median: 78.02
vs SHSE:688005: 203.77
* 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 Ronbay New Energy Technology Co Days Payable Chart
Ningbo Ronbay New Energy Technology Co Annual Data
For the Electrical Equipment & Parts subindustry, Ningbo Ronbay New Energy 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 Ronbay New Energy Technology Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Ronbay New Energy Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Ronbay New Energy Technology Co's Days Payable falls into.
Ningbo Ronbay New Energy 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.
Ningbo Ronbay New Energy Technology Co (SHSE:688005) has a Days Payable of 169.77 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 Ningbo Ronbay New Energy Technology Co and its competitors. This is 29% above median its historical median of 131.18. Over the past decade, Ningbo Ronbay New Energy Technology Co's Days Payable has ranged from 89.05 to 253.31. According to the industry distribution chart, Ningbo Ronbay New Energy Technology Co ranks #417 out of 3007 companies in the Industrial Products industry, placing it in the top 13.9%.
Is Ningbo Ronbay New Energy Technology Co's Days Payable too high?
Ningbo Ronbay New Energy Technology Co's current Days Payable of 169.77 is 29% above median its 10-year median of 131.18. Over the past 10 years, this metric has ranged from a low of 89.05 to a high of 253.31. The Industrial Products industry median Days Payable is 78.02. Ningbo Ronbay New Energy Technology Co's value of 169.77 is 117.6% above this industry median. Based on the distribution chart, Ningbo Ronbay New Energy Technology Co ranks #417 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Ronbay New Energy Technology Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Ronbay New Energy Technology Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Ronbay New Energy Technology Co ranks #417 out of 3007 companies for Days Payable. This places Ningbo Ronbay New Energy Technology Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.02. Ningbo Ronbay New Energy Technology Co's value of 169.77 is 117.6% above this benchmark. Historically, Ningbo Ronbay New Energy Technology Co's own Days Payable has ranged from 89.05 to 253.31 over the past decade. While the company's 10-year median is 131.18 vs. the industry median of 78.02, Ningbo Ronbay New Energy 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.02, 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. Ningbo Ronbay New Energy Technology Co's current Days Payable of 169.77 is 117.6% 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 Ronbay New Energy Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Ronbay New Energy Technology Co's current Days Payable is 169.77, which is 29% above median its own 10-year median of 131.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Ronbay New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co (SHSE:688005) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.20, compared to a current price of ¥25.70 — trading 2% above its estimated fair value. The current Days Payable is 169.77, which is 29% above median its 10-year median of 131.18 and 117.6% above the Industrial Products industry median of 78.02. Ningbo Ronbay New Energy Technology Co's overall GF Score™ is 79/100 with 9 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 Ronbay New Energy Technology Co (SHSE:688005), the current Days Payable is 169.77 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 Ningbo Ronbay New Energy Technology Co (SHSE:688005) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co stock appears to be overvalued.
The current stock price of ¥25.70 is trading 2% above its estimated GF Value™ of ¥25.20.
GuruFocus considers Ningbo Ronbay New Energy Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688005:
Days Payable: 169.77 (29% above median its 10-year median of 131.18)
GF Value™: ¥25.20 vs. price of ¥25.70 (2% above fair value)
Industry Position: 117.6% above the Industrial Products median (#417 of 3007)
No single metric tells the full story. See the SHSE:688005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Ronbay New Energy Technology Co Ltd is engaged in the research and development, production, and marketing of multi-materials, lithium ferromanganese phosphate (lmfp) materials, sodium battery materials, and multi-precursors. The products are mainly used in the manufacturing of lithium/sodium batteries and are mainly applied in fields such as electric vehicles, electric two-wheelers, energy storage equipment, and electronic products.
79GF Score
Get the complete analysis for SHSE:688005
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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