Kinco Automation (Shanghai) Co (SHSE:688160) Days Payable: 131.51 (As of Mar. 2026) — 70% Above Median


SHSE:688160 Kinco Automation (Shanghai) Co Ltd SHSE:688160
86 GF Score
Price ¥118.00
GF Value ¥99.95
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kinco Automation (Shanghai) Co Days Payable?

Kinco Automation (Shanghai) Co SHSE:688160 -1.76% 86 Days Payable is 131.51 as of Mar. 2026, which is 70% above its 10-year median of 77.37. GuruFocus rates SHSE:688160 with a GF Score™ of 86/100 and a GF Value™ of ¥99.95 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Kinco Automation (Shanghai) Co ranks better than 65.13% on this metric.

Kinco Automation (Shanghai) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥182.9 Mil. Kinco Automation (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥126.9 Mil. Hence, Kinco Automation (Shanghai) Co's Days Payable for the three months ended in Mar. 2026 was 131.51.

The historical rank and industry rank for Kinco Automation (Shanghai) Co's Days Payable or its related term are showing as below:

SHSE:688160' s Days Payable Range Over the Past 10 Years
Min: 43.77   Med: 77.37   Max: 127.14
Current: 110.81

During the past 13 years, Kinco Automation (Shanghai) Co's highest Days Payable was 127.14. The lowest was 43.77. And the median was 77.37.

SHSE:688160's Days Payable is ranked better than
65.13% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:688160: 110.81

Kinco Automation (Shanghai) Co's Days Payable increased from Mar. 2025 (113.15) to Mar. 2026 (131.51). It may suggest that Kinco Automation (Shanghai) Co delayed paying its suppliers.


Kinco Automation (Shanghai) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kinco Automation (Shanghai) 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.

Kinco Automation (Shanghai) Co Days Payable Chart

Kinco Automation (Shanghai) 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 77.66 77.08 98.45 106.57 127.14

Kinco Automation (Shanghai) 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 113.15 89.38 106.75 133.08 131.51

SHSE:688160 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Kinco Automation (Shanghai) 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.


Kinco Automation (Shanghai) Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kinco Automation (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kinco Automation (Shanghai) Co's Days Payable falls into.


SHSE:688160
86GF Score
Kinco Automation (Shanghai) Co Ltd SHSE:688160
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinco Automation (Shanghai) 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.

Kinco Automation (Shanghai) 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
=( (108.294 + 213.151) / 2 ) / 461.408*365
=160.7225 / 461.408*365
=127.14

Kinco Automation (Shanghai) 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
=( (213.151 + 152.585) / 2 ) / 126.889*365 / 4
=182.868 / 126.889*365 / 4
=131.51

* 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 131.51 mean?
Kinco Automation (Shanghai) Co (SHSE:688160) has a Days Payable of 131.51 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 Kinco Automation (Shanghai) Co and its competitors. This is 70% above median its historical median of 77.37. Over the past decade, Kinco Automation (Shanghai) Co's Days Payable has ranged from 43.77 to 127.14. According to the industry distribution chart, Kinco Automation (Shanghai) Co ranks #1044 out of 2994 companies in the Industrial Products industry, placing it in the top 34.9%.
Is Kinco Automation (Shanghai) Co's Days Payable too high?
Kinco Automation (Shanghai) Co's current Days Payable of 131.51 is 70% above median its 10-year median of 77.37. Over the past 10 years, this metric has ranged from a low of 43.77 to a high of 127.14. The Industrial Products industry median Days Payable is 78.05. Kinco Automation (Shanghai) Co's value of 131.51 is 68.5% above this industry median. Based on the distribution chart, Kinco Automation (Shanghai) Co ranks #1044 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kinco Automation (Shanghai) Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinco Automation (Shanghai) Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kinco Automation (Shanghai) Co ranks #1044 out of 2994 companies for Days Payable. This puts Kinco Automation (Shanghai) Co in the upper half of its industry. The industry median Days Payable is 78.05. Kinco Automation (Shanghai) Co's value of 131.51 is 68.5% above this benchmark. Historically, Kinco Automation (Shanghai) Co's own Days Payable has ranged from 43.77 to 127.14 over the past decade. While the company's 10-year median is 77.37 vs. the industry median of 78.05, Kinco Automation (Shanghai) 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 78.05, 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. Kinco Automation (Shanghai) Co's current Days Payable of 131.51 is 68.5% 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 Kinco Automation (Shanghai) Co 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. Kinco Automation (Shanghai) Co's current Days Payable is 131.51, which is 70% above median its own 10-year median of 77.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinco Automation (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Kinco Automation (Shanghai) Co (SHSE:688160) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥99.95, compared to a current price of ¥118.00 — trading 18.1% above its estimated fair value. The current Days Payable is 131.51, which is 70% above median its 10-year median of 77.37 and 68.5% above the Industrial Products industry median of 78.05. Kinco Automation (Shanghai) Co's overall GF Score™ is 86/100 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 Kinco Automation (Shanghai) Co (SHSE:688160), the current Days Payable is 131.51 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 Kinco Automation (Shanghai) Co (SHSE:688160) Overvalued in 2026?

Based on GuruFocus' analysis, Kinco Automation (Shanghai) Co stock appears to be overvalued. The current stock price of ¥118.00 is trading 18.1% above its estimated GF Value™ of ¥99.95. GuruFocus considers Kinco Automation (Shanghai) Co to be Modestly Overvalued.

Key valuation signals for SHSE:688160:

  • Days Payable: 131.51 (70% above median its 10-year median of 77.37)
  • GF Value™: ¥99.95 vs. price of ¥118.00 (18.1% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 68.5% above the Industrial Products median (#1044 of 2994)

No single metric tells the full story. See the SHSE:688160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinco Automation (Shanghai) Co Business Description

Address Shenjiang Road No.5709, Qiuyue Road No.26, Building No.3, Shanghai Pilot Free Trade Zone, Shanghai, CHN, 201210
Kinco Automation (Shanghai) Co Ltd is a supplier of Manufacturing Smart Solutions in China. It focuses on the development, production and selling of automation standard products and intelligent hardware products. The company's automation standard products including Human Machine Interface (HMI), Servo System, Stepper System, Programmable Logic Controller (PLC) and Variable Frequency Drive (VFD), among others.
86GF Score

Get the complete analysis for SHSE:688160

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

¥118.00
Price
¥99.95
GF Value