Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) Days Payable: 62.45 (As of Mar. 2026) — 38% Below Median

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SHSE:688334 Xi an High Voltage Apparatus Research Institute Co Ltd SHSE:688334
90 GF Score
Price ¥17.20
GF Value ¥21.17
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Xi an High Voltage Apparatus Research Institute Co Days Payable?

Xi an High Voltage Apparatus Research Institute Co SHSE:688334 +0.12% 90 Days Payable is 62.45 as of Mar. 2026, which is 38% below its 10-year median of 99.97. GuruFocus rates SHSE:688334 with a GF Score™ of 90/100 and a GF Value™ of ¥21.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 946 Business Services companies, Xi an High Voltage Apparatus Research Institute Co ranks better than 67.44% on this metric.

Xi an High Voltage Apparatus Research Institute Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥64.4 Mil. Xi an High Voltage Apparatus Research Institute Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥94.1 Mil. Hence, Xi an High Voltage Apparatus Research Institute Co's Days Payable for the three months ended in Mar. 2026 was 62.45.

The historical rank and industry rank for Xi an High Voltage Apparatus Research Institute Co's Days Payable or its related term are showing as below:

SHSE:688334' s Days Payable Range Over the Past 10 Years
Min: 60.19   Med: 99.97   Max: 131.81
Current: 73.98

During the past 7 years, Xi an High Voltage Apparatus Research Institute Co's highest Days Payable was 131.81. The lowest was 60.19. And the median was 99.97.

SHSE:688334's Days Payable is ranked better than
67.44% of 946 companies
in the Business Services industry
Industry Median: 45.785 vs SHSE:688334: 73.98

Xi an High Voltage Apparatus Research Institute Co's Days Payable declined from Mar. 2025 (135.12) to Mar. 2026 (62.45). It may suggest that Xi an High Voltage Apparatus Research Institute Co accelerated paying its suppliers.


Xi an High Voltage Apparatus Research Institute Co Days Payable Related Terms


Xi an High Voltage Apparatus Research Institute Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xi an High Voltage Apparatus Research Institute 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.

Xi an High Voltage Apparatus Research Institute Co Days Payable Chart

Xi an High Voltage Apparatus Research Institute Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 60.19 89.23 131.81 85.93

Xi an High Voltage Apparatus Research Institute Co Quarterly Data
Dec19 Dec20 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 135.12 95.37 62.97 60.02 62.45

SHSE:688334 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Xi an High Voltage Apparatus Research Institute 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.


Xi an High Voltage Apparatus Research Institute Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Xi an High Voltage Apparatus Research Institute Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xi an High Voltage Apparatus Research Institute Co's Days Payable falls into.


SHSE:688334
90GF Score
Xi an High Voltage Apparatus Research Institute Co Ltd SHSE:688334
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xi an High Voltage Apparatus Research Institute 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.

Xi an High Voltage Apparatus Research Institute 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
=( (124.433 + 61.632) / 2 ) / 395.18*365
=93.0325 / 395.18*365
=85.93

Xi an High Voltage Apparatus Research Institute 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
=( (61.632 + 67.121) / 2 ) / 94.062*365 / 4
=64.3765 / 94.062*365 / 4
=62.45

* 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 62.45 mean?
Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) has a Days Payable of 62.45 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 Xi an High Voltage Apparatus Research Institute Co and its competitors. This is 38% below median its historical median of 99.97. Over the past decade, Xi an High Voltage Apparatus Research Institute Co's Days Payable has ranged from 60.19 to 131.81. According to the industry distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #308 out of 946 companies in the Business Services industry, placing it in the top 32.6%.
Is Xi an High Voltage Apparatus Research Institute Co's Days Payable too high?
Xi an High Voltage Apparatus Research Institute Co's current Days Payable of 62.45 is 38% below median its 10-year median of 99.97. Over the past 10 years, this metric has ranged from a low of 60.19 to a high of 131.81. The Business Services industry median Days Payable is 45.79. Xi an High Voltage Apparatus Research Institute Co's value of 62.45 is 36.4% above this industry median. Based on the distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #308 out of 946 companies in the Business Services industry, which is above the industry midpoint. Overall, Xi an High Voltage Apparatus Research Institute Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xi an High Voltage Apparatus Research Institute Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #308 out of 946 companies for Days Payable. This puts Xi an High Voltage Apparatus Research Institute Co in the upper half of its industry. The industry median Days Payable is 45.79. Xi an High Voltage Apparatus Research Institute Co's value of 62.45 is 36.4% above this benchmark. Historically, Xi an High Voltage Apparatus Research Institute Co's own Days Payable has ranged from 60.19 to 131.81 over the past decade. While the company's 10-year median is 99.97 vs. the industry median of 45.79, Xi an High Voltage Apparatus Research Institute 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 Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 946 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. Xi an High Voltage Apparatus Research Institute Co's current Days Payable of 62.45 is 36.4% 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 Xi an High Voltage Apparatus Research Institute Co and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xi an High Voltage Apparatus Research Institute Co's current Days Payable is 62.45, which is 38% below median its own 10-year median of 99.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi an High Voltage Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.17, compared to a current price of ¥17.20 — trading 18.8% below its estimated fair value. The current Days Payable is 62.45, which is 38% below median its 10-year median of 99.97 and 36.4% above the Business Services industry median of 45.79. Xi an High Voltage Apparatus Research Institute Co's overall GF Score™ is 90/100 with 2 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 Xi an High Voltage Apparatus Research Institute Co (SHSE:688334), the current Days Payable is 62.45 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 Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) Overvalued in 2026?

Based on GuruFocus' analysis, Xi an High Voltage Apparatus Research Institute Co stock appears to be undervalued. The current stock price of ¥17.20 is trading 18.8% below its estimated GF Value™ of ¥21.17. GuruFocus considers Xi an High Voltage Apparatus Research Institute Co to be Modestly Undervalued.

Key valuation signals for SHSE:688334:

  • Days Payable: 62.45 (38% below median its 10-year median of 99.97)
  • GF Value™: ¥21.17 vs. price of ¥17.20 (18.8% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 36.4% above the Business Services median (#308 of 946)

No single metric tells the full story. See the SHSE:688334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi an High Voltage Apparatus Research Institute Co Business Description

Address No. 18, North Section of Xi'erhuan, Lianhu, Shaanxi, Xi'an, CHN, 710077
Xi an High Voltage Apparatus Research Institute Co Ltd is engaged in Inspection and testing, metrology, certification, and technical consulting services in the electrical field, conducting relevant technical research, standard formulation and revision, and provision of industry management and services.
90GF Score

Get the complete analysis for SHSE:688334

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

¥17.20
Price
¥21.17
GF Value