* 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.
SHSE:688299 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Ningbo Solartron 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.
Ningbo Solartron Technology Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningbo Solartron Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Solartron Technology Co's Days Payable falls into.
Ningbo Solartron 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.
* 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.
Ningbo Solartron Technology Co (SHSE:688299) has a Days Payable of 209.07 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 Ningbo Solartron Technology Co and its competitors. This is 75% above median its historical median of 119.57. Over the past decade, Ningbo Solartron Technology Co's Days Payable has ranged from 98.06 to 189.77. According to the industry distribution chart, Ningbo Solartron Technology Co ranks #121 out of 1551 companies in the Chemicals industry, placing it in the top 7.8%.
Is Ningbo Solartron Technology Co's Days Payable too high?
Ningbo Solartron Technology Co's current Days Payable of 209.07 is 75% above median its 10-year median of 119.57. Over the past 10 years, this metric has ranged from a low of 98.06 to a high of 189.77. The Chemicals industry median Days Payable is 59.87. Ningbo Solartron Technology Co's value of 209.07 is 249.2% above this industry median. Based on the distribution chart, Ningbo Solartron Technology Co ranks #121 out of 1551 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Solartron Technology Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Solartron Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Solartron Technology Co ranks #121 out of 1551 companies for Days Payable. This places Ningbo Solartron Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.87. Ningbo Solartron Technology Co's value of 209.07 is 249.2% above this benchmark. Historically, Ningbo Solartron Technology Co's own Days Payable has ranged from 98.06 to 189.77 over the past decade. While the company's 10-year median is 119.57 vs. the industry median of 59.87, Ningbo Solartron 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,551 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. Ningbo Solartron Technology Co's current Days Payable of 209.07 is 249.2% 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 Ningbo Solartron Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Solartron Technology Co's current Days Payable is 209.07, which is 75% above median its own 10-year median of 119.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Solartron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co (SHSE:688299) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.80, compared to a current price of ¥14.20 — trading 4.1% below its estimated fair value. The current Days Payable is 209.07, which is 75% above median its 10-year median of 119.57 and 249.2% above the Chemicals industry median of 59.87. Ningbo Solartron Technology Co's overall GF Score™ is 71/100 with 6 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 Ningbo Solartron Technology Co (SHSE:688299), the current Days Payable is 209.07 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 Ningbo Solartron Technology Co (SHSE:688299) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co stock appears to be undervalued.
The current stock price of ¥14.20 is trading 4.1% below its estimated GF Value™ of ¥14.80.
GuruFocus considers Ningbo Solartron Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688299:
Days Payable: 209.07 (75% above median its 10-year median of 119.57)
GF Value™: ¥14.80 vs. price of ¥14.20 (4.1% below fair value)
Industry Position: 249.2% above the Chemicals median (#121 of 1551)
No single metric tells the full story. See the SHSE:688299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Solartron Technology Co Business Description
Ningbo Solartron Technology Co Ltd is mainly engaged in the research, development, production and sales of reflective film, backing base film, optical base film and other special functional films. The main products are reflective film, backing base film, optical base film and other high performance functional films. Used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.
71GF Score
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