Wetown Electric Group Co (SHSE:688226) Days Payable: 104.71 (As of Mar. 2026) — 29% Above Median

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SHSE:688226 Wetown Electric Group Co Ltd SHSE:688226
86 GF Score
Price ¥29.24
GF Value ¥35.88
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Wetown Electric Group Co Days Payable?

Wetown Electric Group Co SHSE:688226 +0.97% 86 Days Payable is 104.71 as of Mar. 2026, which is 29% above its 10-year median of 81.41. GuruFocus rates SHSE:688226 with a GF Score™ of 86/100 and a GF Value™ of ¥35.88 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 2,997 Industrial Products companies, Wetown Electric Group Co ranks better than 63.7% on this metric.

Wetown Electric Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,095 Mil. Wetown Electric Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥954 Mil. Hence, Wetown Electric Group Co's Days Payable for the three months ended in Mar. 2026 was 104.71.

The historical rank and industry rank for Wetown Electric Group Co's Days Payable or its related term are showing as below:

SHSE:688226' s Days Payable Range Over the Past 10 Years
Min: 63.11   Med: 81.41   Max: 128.78
Current: 107.76

During the past 13 years, Wetown Electric Group Co's highest Days Payable was 128.78. The lowest was 63.11. And the median was 81.41.

SHSE:688226's Days Payable is ranked better than
63.7% of 2997 companies
in the Industrial Products industry
Industry Median: 77.82 vs SHSE:688226: 107.76

Wetown Electric Group Co's Days Payable declined from Mar. 2025 (147.41) to Mar. 2026 (104.71). It may suggest that Wetown Electric Group Co accelerated paying its suppliers.


Wetown Electric Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wetown Electric Group 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.

Wetown Electric Group Co Days Payable Chart

Wetown Electric Group 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 72.61 63.11 67.02 120.47 128.78

Wetown Electric Group 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 147.41 130.55 118.35 81.84 104.71

SHSE:688226 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Wetown Electric Group 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.


Wetown Electric Group Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wetown Electric Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wetown Electric Group Co's Days Payable falls into.


SHSE:688226
86GF Score
Wetown Electric Group Co Ltd SHSE:688226
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wetown Electric Group 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.

Wetown Electric Group 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
=( (1351.504 + 1063.245) / 2 ) / 3422.183*365
=1207.3745 / 3422.183*365
=128.78

Wetown Electric Group 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
=( (1063.245 + 1126.558) / 2 ) / 954.116*365 / 4
=1094.9015 / 954.116*365 / 4
=104.71

* 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 104.71 mean?
Wetown Electric Group Co (SHSE:688226) has a Days Payable of 104.71 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 Wetown Electric Group Co and its competitors. This is 29% above median its historical median of 81.41. Over the past decade, Wetown Electric Group Co's Days Payable has ranged from 63.11 to 128.78. According to the industry distribution chart, Wetown Electric Group Co ranks #1088 out of 2997 companies in the Industrial Products industry, placing it in the top 36.3%.
Is Wetown Electric Group Co's Days Payable too high?
Wetown Electric Group Co's current Days Payable of 104.71 is 29% above median its 10-year median of 81.41. Over the past 10 years, this metric has ranged from a low of 63.11 to a high of 128.78. The Industrial Products industry median Days Payable is 77.82. Wetown Electric Group Co's value of 104.71 is 34.6% above this industry median. Based on the distribution chart, Wetown Electric Group Co ranks #1088 out of 2997 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Wetown Electric Group Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wetown Electric Group Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Wetown Electric Group Co ranks #1088 out of 2997 companies for Days Payable. This puts Wetown Electric Group Co in the upper half of its industry. The industry median Days Payable is 77.82. Wetown Electric Group Co's value of 104.71 is 34.6% above this benchmark. Historically, Wetown Electric Group Co's own Days Payable has ranged from 63.11 to 128.78 over the past decade. While the company's 10-year median is 81.41 vs. the industry median of 77.82, Wetown Electric Group 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 77.82, based on 2,997 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. Wetown Electric Group Co's current Days Payable of 104.71 is 34.6% 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 Wetown Electric Group Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wetown Electric Group Co's current Days Payable is 104.71, which is 29% above median its own 10-year median of 81.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wetown Electric Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wetown Electric Group Co (SHSE:688226) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥35.88, compared to a current price of ¥29.24 — trading 18.5% below its estimated fair value. The current Days Payable is 104.71, which is 29% above median its 10-year median of 81.41 and 34.6% above the Industrial Products industry median of 77.82. Wetown Electric Group Co's overall GF Score™ is 86/100 with 10 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 Wetown Electric Group Co (SHSE:688226), the current Days Payable is 104.71 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 Wetown Electric Group Co (SHSE:688226) Overvalued in 2026?

Based on GuruFocus' analysis, Wetown Electric Group Co stock appears to be undervalued. The current stock price of ¥29.24 is trading 18.5% below its estimated GF Value™ of ¥35.88. GuruFocus considers Wetown Electric Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:688226:

  • Days Payable: 104.71 (29% above median its 10-year median of 81.41)
  • GF Value™: ¥35.88 vs. price of ¥29.24 (18.5% below fair value)
  • GF Score™: 86/100 with 10 warning signs
  • Industry Position: 34.6% above the Industrial Products median (#1088 of 2997)

No single metric tells the full story. See the SHSE:688226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wetown Electric Group Co Business Description

Address No. 1, Nanzi Road, Xinba Science and Technology Park, Jiangsu Province, Yangzhong, CHN, 212211
Wetown Electric Group Co Ltd is engaged in the development and manufacturing of electrical products. it offers product such as high and low voltage busbars; complete sets of electrical and intelligent components; copper and aluminum materials and tinned copper tape; bridges and hangers and others.
86GF Score

Get the complete analysis for SHSE:688226

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

¥29.24
Price
¥35.88
GF Value