Guizhou Aviation Technical Development Co (SHSE:688239) Days Payable: 287.34 (As of Mar. 2026) — 75% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688239 Guizhou Aviation Technical Development Co Ltd SHSE:688239
88 GF Score
Price ¥46.50
GF Value ¥40.01
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Guizhou Aviation Technical Development Co Days Payable?

Guizhou Aviation Technical Development Co SHSE:688239 +2.00% 88 Days Payable is 287.34 as of Mar. 2026, which is 75% above its 10-year median of 164.22. GuruFocus rates SHSE:688239 with a GF Score™ of 88/100 and a GF Value™ of ¥40.01 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 339 Aerospace & Defense companies, Guizhou Aviation Technical Development Co ranks better than 82.3% on this metric.

Guizhou Aviation Technical Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,170 Mil. Guizhou Aviation Technical Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥372 Mil. Hence, Guizhou Aviation Technical Development Co's Days Payable for the three months ended in Mar. 2026 was 287.34.

The historical rank and industry rank for Guizhou Aviation Technical Development Co's Days Payable or its related term are showing as below:

SHSE:688239' s Days Payable Range Over the Past 10 Years
Min: 83.92   Med: 164.22   Max: 247.12
Current: 230.3

During the past 13 years, Guizhou Aviation Technical Development Co's highest Days Payable was 247.12. The lowest was 83.92. And the median was 164.22.

SHSE:688239's Days Payable is ranked better than
82.3% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs SHSE:688239: 230.30

Guizhou Aviation Technical Development Co's Days Payable increased from Mar. 2025 (215.40) to Mar. 2026 (287.34). It may suggest that Guizhou Aviation Technical Development Co delayed paying its suppliers.


Guizhou Aviation Technical Development Co Days Payable Related Terms


Guizhou Aviation Technical Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co Days Payable Chart

Guizhou Aviation Technical Development 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 235.84 247.12 178.54 202.05 231.76

Guizhou Aviation Technical Development 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 215.40 196.98 182.42 262.40 287.34

SHSE:688239 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Guizhou Aviation Technical Development 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.


Guizhou Aviation Technical Development Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guizhou Aviation Technical Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guizhou Aviation Technical Development Co's Days Payable falls into.


SHSE:688239
88GF Score
Guizhou Aviation Technical Development Co Ltd SHSE:688239
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development 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
=( (727.82 + 1143.346) / 2 ) / 1473.47*365
=935.583 / 1473.47*365
=231.76

Guizhou Aviation Technical Development 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
=( (1143.346 + 1197.093) / 2 ) / 371.622*365 / 4
=1170.2195 / 371.622*365 / 4
=287.34

* 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 287.34 mean?
Guizhou Aviation Technical Development Co (SHSE:688239) has a Days Payable of 287.34 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 Guizhou Aviation Technical Development Co and its competitors. This is 75% above median its historical median of 164.22. Over the past decade, Guizhou Aviation Technical Development Co's Days Payable has ranged from 83.92 to 247.12. According to the industry distribution chart, Guizhou Aviation Technical Development Co ranks #60 out of 339 companies in the Aerospace & Defense industry, placing it in the top 17.7%.
Is Guizhou Aviation Technical Development Co's Days Payable too high?
Guizhou Aviation Technical Development Co's current Days Payable of 287.34 is 75% above median its 10-year median of 164.22. Over the past 10 years, this metric has ranged from a low of 83.92 to a high of 247.12. The Aerospace & Defense industry median Days Payable is 64.65. Guizhou Aviation Technical Development Co's value of 287.34 is 344.5% above this industry median. Based on the distribution chart, Guizhou Aviation Technical Development Co ranks #60 out of 339 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Guizhou Aviation Technical Development Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Aviation Technical Development Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Guizhou Aviation Technical Development Co ranks #60 out of 339 companies for Days Payable. This places Guizhou Aviation Technical Development Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.65. Guizhou Aviation Technical Development Co's value of 287.34 is 344.5% above this benchmark. Historically, Guizhou Aviation Technical Development Co's own Days Payable has ranged from 83.92 to 247.12 over the past decade. While the company's 10-year median is 164.22 vs. the industry median of 64.65, Guizhou Aviation Technical Development 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Guizhou Aviation Technical Development Co's current Days Payable of 287.34 is 344.5% 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 Guizhou Aviation Technical Development Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Aviation Technical Development Co's current Days Payable is 287.34, which is 75% above median its own 10-year median of 164.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Aviation Technical Development Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Aviation Technical Development Co (SHSE:688239) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥40.01, compared to a current price of ¥46.50 — trading 16.2% above its estimated fair value. The current Days Payable is 287.34, which is 75% above median its 10-year median of 164.22 and 344.5% above the Aerospace & Defense industry median of 64.65. Guizhou Aviation Technical Development Co's overall GF Score™ is 88/100 with 5 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 Guizhou Aviation Technical Development Co (SHSE:688239), the current Days Payable is 287.34 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 Guizhou Aviation Technical Development Co (SHSE:688239) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Aviation Technical Development Co stock appears to be overvalued. The current stock price of ¥46.50 is trading 16.2% above its estimated GF Value™ of ¥40.01. GuruFocus considers Guizhou Aviation Technical Development Co to be Modestly Overvalued.

Key valuation signals for SHSE:688239:

  • Days Payable: 287.34 (75% above median its 10-year median of 164.22)
  • GF Value™: ¥40.01 vs. price of ¥46.50 (16.2% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 344.5% above the Aerospace & Defense median (#60 of 339)

No single metric tells the full story. See the SHSE:688239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Aviation Technical Development Co Business Description

Address Shangbashan Road, Jinyang Science and Technology Industrial Park, Guiyang National High-tech Industrial Development, Guizhou Province, Guiyang, CHN, 550081
Guizhou Aviation Technical Development Co Ltd is engaged in the research and development, production and sales of annular forgings of difficult-to-deform aerospace metal materials. Its products are mainly used in domestic aircraft engines, gas turbines, space launch vehicles, missiles and other high-end equipment fields.
88GF Score

Get the complete analysis for SHSE:688239

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

¥46.50
Price
¥40.01
GF Value