Beijing JCZ Technology Co (SHSE:688291) Days Payable: 110.97 (As of Mar. 2026) — 424% 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:688291 Beijing JCZ Technology Co Ltd SHSE:688291
88 GF Score
Price ¥36.96
GF Value ¥40.22
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Beijing JCZ Technology Co Days Payable?

Beijing JCZ Technology Co SHSE:688291 +1.40% 88 Days Payable is 110.97 as of Mar. 2026, which is 424% above its 10-year median of 21.19. GuruFocus rates SHSE:688291 with a GF Score™ of 88/100 and a GF Value™ of ¥40.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Beijing JCZ Technology Co ranks better than 65.1% on this metric.

Beijing JCZ Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥27.9 Mil. Beijing JCZ Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥22.9 Mil. Hence, Beijing JCZ Technology Co's Days Payable for the three months ended in Mar. 2026 was 110.97.

The historical rank and industry rank for Beijing JCZ Technology Co's Days Payable or its related term are showing as below:

SHSE:688291' s Days Payable Range Over the Past 10 Years
Min: 15   Med: 21.19   Max: 110.77
Current: 110.77

During the past 12 years, Beijing JCZ Technology Co's highest Days Payable was 110.77. The lowest was 15.00. And the median was 21.19.

SHSE:688291's Days Payable is ranked better than
65.1% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:688291: 110.77

Beijing JCZ Technology Co's Days Payable increased from Mar. 2025 (92.82) to Mar. 2026 (110.97). It may suggest that Beijing JCZ Technology Co delayed paying its suppliers.


Beijing JCZ Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing JCZ Technology 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.

Beijing JCZ Technology Co Days Payable Chart

Beijing JCZ Technology 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 16.05 21.73 28.05 56.02 82.03

Beijing JCZ Technology 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 92.82 108.44 139.86 94.69 110.97

SHSE:688291 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Beijing JCZ Technology 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 JCZ Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing JCZ Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing JCZ Technology Co's Days Payable falls into.


SHSE:688291
88GF Score
Beijing JCZ Technology Co Ltd SHSE:688291
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing JCZ Technology 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.

Beijing JCZ Technology 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
=( (18.305 + 29.346) / 2 ) / 106.01*365
=23.8255 / 106.01*365
=82.03

Beijing JCZ Technology 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
=( (29.346 + 26.391) / 2 ) / 22.917*365 / 4
=27.8685 / 22.917*365 / 4
=110.97

* 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 110.97 mean?
Beijing JCZ Technology Co (SHSE:688291) has a Days Payable of 110.97 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 JCZ Technology Co and its competitors. This is 424% above median its historical median of 21.19. Over the past decade, Beijing JCZ Technology Co's Days Payable has ranged from 15.00 to 110.77. According to the industry distribution chart, Beijing JCZ Technology Co ranks #1045 out of 2994 companies in the Industrial Products industry, placing it in the top 34.9%.
Is Beijing JCZ Technology Co's Days Payable too high?
Beijing JCZ Technology Co's current Days Payable of 110.97 is 424% above median its 10-year median of 21.19. Over the past 10 years, this metric has ranged from a low of 15.00 to a high of 110.77. The Industrial Products industry median Days Payable is 78.07. Beijing JCZ Technology Co's value of 110.97 is 42.2% above this industry median. Based on the distribution chart, Beijing JCZ Technology Co ranks #1045 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Beijing JCZ Technology Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing JCZ Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Beijing JCZ Technology Co ranks #1045 out of 2994 companies for Days Payable. This puts Beijing JCZ Technology Co in the upper half of its industry. The industry median Days Payable is 78.07. Beijing JCZ Technology Co's value of 110.97 is 42.2% above this benchmark. Historically, Beijing JCZ Technology Co's own Days Payable has ranged from 15.00 to 110.77 over the past decade. While the company's 10-year median is 21.19 vs. the industry median of 78.07, Beijing JCZ Technology 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. Beijing JCZ Technology Co's current Days Payable of 110.97 is 42.2% 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 JCZ Technology 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. Beijing JCZ Technology Co's current Days Payable is 110.97, which is 424% above median its own 10-year median of 21.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing JCZ Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing JCZ Technology Co (SHSE:688291) is currently considered Fairly Valued. The stock's GF Value™ is ¥40.22, compared to a current price of ¥36.96 — trading 8.1% below its estimated fair value. The current Days Payable is 110.97, which is 424% above median its 10-year median of 21.19 and 42.2% above the Industrial Products industry median of 78.07. Beijing JCZ Technology Co's overall GF Score™ is 88/100 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 Beijing JCZ Technology Co (SHSE:688291), the current Days Payable is 110.97 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 JCZ Technology Co (SHSE:688291) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing JCZ Technology Co stock appears to be undervalued. The current stock price of ¥36.96 is trading 8.1% below its estimated GF Value™ of ¥40.22. GuruFocus considers Beijing JCZ Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688291:

  • Days Payable: 110.97 (424% above median its 10-year median of 21.19)
  • GF Value™: ¥40.22 vs. price of ¥36.96 (8.1% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 42.2% above the Industrial Products median (#1045 of 2994)

No single metric tells the full story. See the SHSE:688291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing JCZ Technology Co Business Description

Address No. 139 Fengtai Road, Room 319, Fengtai District, Beijing, CHN, 100071
Beijing JCZ Technology Co Ltd is engaged in the development and sales of motion control systems for laser processing equipment.
88GF Score

Get the complete analysis for SHSE:688291

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

¥36.96
Price
¥40.22
GF Value