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What is OKE Precision Cutting Tools Co Days Payable?
OKE Precision Cutting Tools CoSHSE:688308 -8.09%68 Days Payable is 65.67 as of Mar. 2026, which is 32% below its 10-year median of 96.43. GuruFocus rates SHSE:688308 with a GF Score™ of 68/100 and a GF Value™ of ¥45.69 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,992 Industrial Products companies, OKE Precision Cutting Tools Co ranks better than 54.71% on this metric.
The historical rank and industry rank for OKE Precision Cutting Tools Co's Days Payable or its related term are showing as below:
SHSE:688308'
s Days Payable Range Over the Past 10 Years
Min: 57.67 Med: 96.43 Max: 218.37
Current: 86.12
During the past 9 years, OKE Precision Cutting Tools Co's highest Days Payable was 218.37. The lowest was 57.67. And the median was 96.43.
SHSE:688308's Days Payable is ranked better than 54.71% of 2992
companies
in the Industrial Products industry
Industry Median: 78.045
vs SHSE:688308: 86.12
* 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:688308 vs SNA, RBC, LECO: Days Payable Comparison
For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.
OKE Precision Cutting Tools Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's Days Payable distribution charts can be found below:
* The bar in red indicates where OKE Precision Cutting Tools Co's Days Payable falls into.
OKE Precision Cutting Tools 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.
OKE Precision Cutting Tools Co (SHSE:688308) has a Days Payable of 65.67 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 OKE Precision Cutting Tools Co and its competitors. This is 32% below median its historical median of 96.43. Over the past decade, OKE Precision Cutting Tools Co's Days Payable has ranged from 57.67 to 218.37. According to the industry distribution chart, OKE Precision Cutting Tools Co ranks #1355 out of 2992 companies in the Industrial Products industry, placing it in the top 45.3%.
Is OKE Precision Cutting Tools Co's Days Payable too high?
OKE Precision Cutting Tools Co's current Days Payable of 65.67 is 32% below median its 10-year median of 96.43. Over the past 10 years, this metric has ranged from a low of 57.67 to a high of 218.37. The Industrial Products industry median Days Payable is 78.05. OKE Precision Cutting Tools Co's value of 65.67 is 15.9% below this industry median. Based on the distribution chart, OKE Precision Cutting Tools Co ranks #1355 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OKE Precision Cutting Tools Co ranks #1355 out of 2992 companies for Days Payable. This puts OKE Precision Cutting Tools Co in the upper half of its industry. The industry median Days Payable is 78.05. OKE Precision Cutting Tools Co's value of 65.67 is 15.9% below this benchmark. Historically, OKE Precision Cutting Tools Co's own Days Payable has ranged from 57.67 to 218.37 over the past decade. While the company's 10-year median is 96.43 vs. the industry median of 78.05, OKE Precision Cutting Tools Co has consistently been below 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 78.05, based on 2,992 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. OKE Precision Cutting Tools Co's current Days Payable of 65.67 is 15.9% below 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 OKE Precision Cutting Tools Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OKE Precision Cutting Tools Co's current Days Payable is 65.67, which is 32% below median its own 10-year median of 96.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥45.69, compared to a current price of ¥115.85 — trading 153.6% above its estimated fair value. The current Days Payable is 65.67, which is 32% below median its 10-year median of 96.43 and 15.9% below the Industrial Products industry median of 78.05. OKE Precision Cutting Tools Co's overall GF Score™ is 68/100 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 OKE Precision Cutting Tools Co (SHSE:688308), the current Days Payable is 65.67 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 OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued.
The current stock price of ¥115.85 is trading 153.6% above its estimated GF Value™ of ¥45.69.
GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.
Key valuation signals for SHSE:688308:
Days Payable: 65.67 (32% below median its 10-year median of 96.43)
GF Value™: ¥45.69 vs. price of ¥115.85 (153.6% above fair value)
Industry Position: 15.9% below the Industrial Products median (#1355 of 2992)
No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OKE Precision Cutting Tools Co Business Description
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