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* 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.
Chengdu M&S Electronics Technology Co Days Payable Chart
SHSE:688311 vs CSCO, CIEN, MSI: Days Payable Comparison
For the Communication Equipment subindustry, Chengdu M&S Electronics 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.
Chengdu M&S Electronics Technology Co Days Payable vs Hardware Industry
Chengdu M&S Electronics 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.
Chengdu M&S Electronics Technology Co (SHSE:688311) has a Days Payable of 4,128.83 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 Chengdu M&S Electronics Technology Co and its competitors. This is 845% above median its historical median of 436.97. Over the past decade, Chengdu M&S Electronics Technology Co's Days Payable has ranged from 128.00 to 1,168.07. According to the industry distribution chart, Chengdu M&S Electronics Technology Co ranks #75 out of 2441 companies in the Hardware industry, placing it in the top 3.1%.
Is Chengdu M&S Electronics Technology Co's Days Payable too high?
Chengdu M&S Electronics Technology Co's current Days Payable of 4,128.83 is 845% above median its 10-year median of 436.97. Over the past 10 years, this metric has ranged from a low of 128.00 to a high of 1,168.07. The Hardware industry median Days Payable is 69.89. Chengdu M&S Electronics Technology Co's value of 4,128.83 is 5807.6% above this industry median. Based on the distribution chart, Chengdu M&S Electronics Technology Co ranks #75 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu M&S Electronics Technology Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chengdu M&S Electronics Technology Co's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Chengdu M&S Electronics Technology Co ranks #75 out of 2441 companies for Days Payable. This places Chengdu M&S Electronics Technology Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Chengdu M&S Electronics Technology Co's value of 4,128.83 is 5807.6% above this benchmark. Historically, Chengdu M&S Electronics Technology Co's own Days Payable has ranged from 128.00 to 1,168.07 over the past decade. While the company's 10-year median is 436.97 vs. the industry median of 69.89, Chengdu M&S Electronics 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,441 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. Chengdu M&S Electronics Technology Co's current Days Payable of 4,128.83 is 5807.6% 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 Chengdu M&S Electronics Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu M&S Electronics Technology Co's current Days Payable is 4,128.83, which is 845% above median its own 10-year median of 436.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu M&S Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu M&S Electronics Technology Co (SHSE:688311) is currently considered Possible Value Trap. The stock's GF Value™ is ¥57.51, compared to a current price of ¥21.18 — trading 63.2% below its estimated fair value. The current Days Payable is 4,128.83, which is 845% above median its 10-year median of 436.97 and 5807.6% above the Hardware industry median of 69.89. Chengdu M&S Electronics Technology Co's overall GF Score™ is 66/100 with 4 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 Chengdu M&S Electronics Technology Co (SHSE:688311), the current Days Payable is 4,128.83 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 Chengdu M&S Electronics Technology Co (SHSE:688311) Overvalued in 2026?
Based on GuruFocus' analysis, Chengdu M&S Electronics Technology Co stock appears to be undervalued.
The current stock price of ¥21.18 is trading 63.2% below its estimated GF Value™ of ¥57.51.
GuruFocus considers Chengdu M&S Electronics Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:688311:
Days Payable: 4,128.83 (845% above median its 10-year median of 436.97)
GF Value™: ¥57.51 vs. price of ¥21.18 (63.2% below fair value)
Industry Position: 5807.6% above the Hardware median (#75 of 2441)
No single metric tells the full story. See the SHSE:688311 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chengdu M&S Electronics Technology Co Business Description
Chengdu M&S Electronics Technology Co Ltd is engaged in manufacturing of related products in the field of satellite application technology. The company manufactures satellite navigation, satellite communication terminal equipment. The functions of navigation products include timing, positioning, navigation, direction finding, among others. Its Satellite communication products are carried on board, vehicle, and ship, and are used in the field of civil satellite communication.
66GF Score
Get the complete analysis for SHSE:688311
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