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SHSE:688128's Days Payable is ranked better than 68.34% of 2994
companies
in the Industrial Products industry
Industry Median: 78.065
vs SHSE:688128: 122.03
* 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.
China National Electric Apparatus Research Institute Co Days Payable Chart
China National Electric Apparatus Research Institute Co Annual Data
* 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.
China National Electric Apparatus Research Institute Co Days Payable vs Industrial Products Industry
China National Electric Apparatus Research Institute 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.
China National Electric Apparatus Research Institute Co (SHSE:688128) has a Days Payable of 119.88 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 China National Electric Apparatus Research Institute Co and its competitors. This is 11% below median its historical median of 134.76. Over the past decade, China National Electric Apparatus Research Institute Co's Days Payable has ranged from 120.69 to 159.41. According to the industry distribution chart, China National Electric Apparatus Research Institute Co ranks #948 out of 2994 companies in the Industrial Products industry, placing it in the top 31.7%.
Is China National Electric Apparatus Research Institute Co's Days Payable too high?
China National Electric Apparatus Research Institute Co's current Days Payable of 119.88 is 11% below median its 10-year median of 134.76. Over the past 10 years, this metric has ranged from a low of 120.69 to a high of 159.41. The Industrial Products industry median Days Payable is 78.07. China National Electric Apparatus Research Institute Co's value of 119.88 is 53.6% above this industry median. Based on the distribution chart, China National Electric Apparatus Research Institute Co ranks #948 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, China National Electric Apparatus Research Institute Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Electric Apparatus Research Institute Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, China National Electric Apparatus Research Institute Co ranks #948 out of 2994 companies for Days Payable. This puts China National Electric Apparatus Research Institute Co in the upper half of its industry. The industry median Days Payable is 78.07. China National Electric Apparatus Research Institute Co's value of 119.88 is 53.6% above this benchmark. Historically, China National Electric Apparatus Research Institute Co's own Days Payable has ranged from 120.69 to 159.41 over the past decade. While the company's 10-year median is 134.76 vs. the industry median of 78.07, China National Electric Apparatus Research Institute 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 78.07, based on 2,994 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. China National Electric Apparatus Research Institute Co's current Days Payable of 119.88 is 53.6% 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 China National Electric Apparatus Research Institute Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Electric Apparatus Research Institute Co's current Days Payable is 119.88, which is 11% below median its own 10-year median of 134.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Electric Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co (SHSE:688128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.01, compared to a current price of ¥22.02 — trading 12% below its estimated fair value. The current Days Payable is 119.88, which is 11% below median its 10-year median of 134.76 and 53.6% above the Industrial Products industry median of 78.07. China National Electric Apparatus Research Institute Co's overall GF Score™ is 89/100 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 China National Electric Apparatus Research Institute Co (SHSE:688128), the current Days Payable is 119.88 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 China National Electric Apparatus Research Institute Co (SHSE:688128) Overvalued in 2026?
Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co stock appears to be undervalued.
The current stock price of ¥22.02 is trading 12% below its estimated GF Value™ of ¥25.01.
GuruFocus considers China National Electric Apparatus Research Institute Co to be Modestly Undervalued.
Key valuation signals for SHSE:688128:
Days Payable: 119.88 (11% below median its 10-year median of 134.76)
GF Value™: ¥25.01 vs. price of ¥22.02 (12% below fair value)
Industry Position: 53.6% above the Industrial Products median (#948 of 2994)
No single metric tells the full story. See the SHSE:688128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China National Electric Apparatus Research Institute Co Business Description
China National Electric Apparatus Research Institute Co Ltd is a national innovative science-and-technology enterprise. It is characterized with an integration of three core business sectors namely scientific research and development, science and technology service, as well as science and technology industry.
89GF Score
Get the complete analysis for SHSE:688128
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