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What is Ningbo PIA Automation Holding Days Payable?
Ningbo PIA Automation HoldingSHSE:688306 -4.69%66 Days Payable is 92.44 as of Mar. 2026, which is 51% above its 10-year median of 61.32. GuruFocus rates SHSE:688306 with a GF Score™ of 66/100 and a GF Value™ of ¥7.86 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Ningbo PIA Automation Holding ranks worse than 54.52% on this metric.
* 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.
For the Auto Parts subindustry, Ningbo PIA Automation Holding'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 PIA Automation Holding Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo PIA Automation Holding's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo PIA Automation Holding's Days Payable falls into.
Ningbo PIA Automation Holding 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 PIA Automation Holding (SHSE:688306) has a Days Payable of 92.44 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 PIA Automation Holding and its competitors. This is 51% above median its historical median of 61.32. Over the past decade, Ningbo PIA Automation Holding's Days Payable has ranged from 36.95 to 92.28. According to the industry distribution chart, Ningbo PIA Automation Holding ranks #712 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 54.5%.
Is Ningbo PIA Automation Holding's Days Payable too high?
Ningbo PIA Automation Holding's current Days Payable of 92.44 is 51% above median its 10-year median of 61.32. Over the past 10 years, this metric has ranged from a low of 36.95 to a high of 92.28. The Vehicles & Parts industry median Days Payable is 67.14. Ningbo PIA Automation Holding's value of 92.44 is 37.7% above this industry median. Based on the distribution chart, Ningbo PIA Automation Holding ranks #712 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ningbo PIA Automation Holding has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo PIA Automation Holding's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo PIA Automation Holding ranks #712 out of 1306 companies for Days Payable. This places Ningbo PIA Automation Holding in the lower half of its industry. The industry median Days Payable is 67.14. Ningbo PIA Automation Holding's value of 92.44 is 37.7% above this benchmark. Historically, Ningbo PIA Automation Holding's own Days Payable has ranged from 36.95 to 92.28 over the past decade. While the company's 10-year median is 61.32 vs. the industry median of 67.14, Ningbo PIA Automation Holding 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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 PIA Automation Holding's current Days Payable of 92.44 is 37.7% 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 PIA Automation Holding and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo PIA Automation Holding's current Days Payable is 92.44, which is 51% above median its own 10-year median of 61.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo PIA Automation Holding stock overvalued right now?
Based on GuruFocus' analysis, Ningbo PIA Automation Holding (SHSE:688306) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.86, compared to a current price of ¥8.74 — trading 11.2% above its estimated fair value. The current Days Payable is 92.44, which is 51% above median its 10-year median of 61.32 and 37.7% above the Vehicles & Parts industry median of 67.14. Ningbo PIA Automation Holding's overall GF Score™ is 66/100 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 Ningbo PIA Automation Holding (SHSE:688306), the current Days Payable is 92.44 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 PIA Automation Holding (SHSE:688306) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo PIA Automation Holding stock appears to be overvalued.
The current stock price of ¥8.74 is trading 11.2% above its estimated GF Value™ of ¥7.86.
GuruFocus considers Ningbo PIA Automation Holding to be Modestly Overvalued.
Key valuation signals for SHSE:688306:
Days Payable: 92.44 (51% above median its 10-year median of 61.32)
GF Value™: ¥7.86 vs. price of ¥8.74 (11.2% above fair value)
Industry Position: 37.7% above the Vehicles & Parts median (#712 of 1306)
No single metric tells the full story. See the SHSE:688306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo PIA Automation Holding Business Description
Ningbo PIA Automation Holding Corp is engaged in the research and development, production, sales and service of complete sets of customized assembly and inspection intelligent manufacturing equipment and digital software.
66GF Score
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