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* 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.
SHSE:688056 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Beijing Labtech Instruments 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.
Beijing Labtech Instruments Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Beijing Labtech Instruments Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Beijing Labtech Instruments Co's Days Payable falls into.
Beijing Labtech Instruments 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.
Beijing Labtech Instruments Co (SHSE:688056) has a Days Payable of 88.81 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 Beijing Labtech Instruments Co and its competitors. This is 47% above median its historical median of 60.35. Over the past decade, Beijing Labtech Instruments Co's Days Payable has ranged from 39.96 to 78.74. According to the industry distribution chart, Beijing Labtech Instruments Co ranks #1052 out of 2442 companies in the Hardware industry, placing it in the top 43.1%.
Is Beijing Labtech Instruments Co's Days Payable too high?
Beijing Labtech Instruments Co's current Days Payable of 88.81 is 47% above median its 10-year median of 60.35. Over the past 10 years, this metric has ranged from a low of 39.96 to a high of 78.74. The Hardware industry median Days Payable is 69.94. Beijing Labtech Instruments Co's value of 88.81 is 27% above this industry median. Based on the distribution chart, Beijing Labtech Instruments Co ranks #1052 out of 2442 companies in the Hardware industry, which is above the industry midpoint. Overall, Beijing Labtech Instruments Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Labtech Instruments Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Beijing Labtech Instruments Co ranks #1052 out of 2442 companies for Days Payable. This puts Beijing Labtech Instruments Co in the upper half of its industry. The industry median Days Payable is 69.94. Beijing Labtech Instruments Co's value of 88.81 is 27% above this benchmark. Historically, Beijing Labtech Instruments Co's own Days Payable has ranged from 39.96 to 78.74 over the past decade. While the company's 10-year median is 60.35 vs. the industry median of 69.94, Beijing Labtech Instruments 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,442 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. Beijing Labtech Instruments Co's current Days Payable of 88.81 is 27% 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 Beijing Labtech Instruments Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Labtech Instruments Co's current Days Payable is 88.81, which is 47% above median its own 10-year median of 60.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Labtech Instruments Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Labtech Instruments Co (SHSE:688056) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥34.14, compared to a current price of ¥38.80 — trading 13.6% above its estimated fair value. The current Days Payable is 88.81, which is 47% above median its 10-year median of 60.35 and 27% above the Hardware industry median of 69.94. Beijing Labtech Instruments Co's overall GF Score™ is 73/100 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 Beijing Labtech Instruments Co (SHSE:688056), the current Days Payable is 88.81 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 Beijing Labtech Instruments Co (SHSE:688056) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Labtech Instruments Co stock appears to be overvalued.
The current stock price of ¥38.80 is trading 13.6% above its estimated GF Value™ of ¥34.14.
GuruFocus considers Beijing Labtech Instruments Co to be Modestly Overvalued.
Key valuation signals for SHSE:688056:
Days Payable: 88.81 (47% above median its 10-year median of 60.35)
GF Value™: ¥34.14 vs. price of ¥38.80 (13.6% above fair value)
Industry Position: 27% above the Hardware median (#1052 of 2442)
No single metric tells the full story. See the SHSE:688056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Labtech Instruments Co Business Description
Beijing Labtech Instruments Co Ltd is engaged in research and development, production and sales of experimental analysis instruments. The company's products are categorized into Lab Equipment; Sample Preparation; and Analytical Instruments. It supplies laboratorial products and solutions to all analytical laboratories covering environmental quality, food safety, pharmaceutical research, disease control, material analysis.
73GF Score
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