MayAir Technology (China) Co (SHSE:688376) Days Payable: 143.52 (As of Mar. 2026) — Near Median

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SHSE:688376 MayAir Technology (China) Co Ltd SHSE:688376
77 GF Score
Price ¥64.02
GF Value ¥56.28
Valuation Modestly Overvalued
! 5 Warning Signs
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What is MayAir Technology (China) Co Days Payable?

MayAir Technology (China) Co SHSE:688376 -7.39% 77 Days Payable is 143.52 as of Mar. 2026, which is 7% below its 10-year median of 154.42. GuruFocus rates SHSE:688376 with a GF Score™ of 77/100 and a GF Value™ of ¥56.28 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, MayAir Technology (China) Co ranks better than 70.08% on this metric.

MayAir Technology (China) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥529 Mil. MayAir Technology (China) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥336 Mil. Hence, MayAir Technology (China) Co's Days Payable for the three months ended in Mar. 2026 was 143.52.

The historical rank and industry rank for MayAir Technology (China) Co's Days Payable or its related term are showing as below:

SHSE:688376' s Days Payable Range Over the Past 10 Years
Min: 126.63   Med: 154.42   Max: 257.16
Current: 128.14

During the past 9 years, MayAir Technology (China) Co's highest Days Payable was 257.16. The lowest was 126.63. And the median was 154.42.

SHSE:688376's Days Payable is ranked better than
70.08% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs SHSE:688376: 128.14

MayAir Technology (China) Co's Days Payable declined from Mar. 2025 (233.32) to Mar. 2026 (143.52). It may suggest that MayAir Technology (China) Co accelerated paying its suppliers.


MayAir Technology (China) Co Days Payable Historical Data

* Premium members only.

The historical data trend for MayAir Technology (China) 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.

MayAir Technology (China) Co Days Payable Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 126.63 134.52 143.14 164.10 145.45

MayAir Technology (China) Co Quarterly Data
Dec20 Mar21 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 233.32 113.78 125.04 139.02 143.52

SHSE:688376 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, MayAir Technology (China) 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.


MayAir Technology (China) Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MayAir Technology (China) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where MayAir Technology (China) Co's Days Payable falls into.


SHSE:688376
77GF Score
MayAir Technology (China) Co Ltd SHSE:688376
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MayAir Technology (China) 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.

MayAir Technology (China) 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
=( (584.43 + 554.537) / 2 ) / 1429.119*365
=569.4835 / 1429.119*365
=145.45

MayAir Technology (China) 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
=( (554.537 + 503.926) / 2 ) / 336.497*365 / 4
=529.2315 / 336.497*365 / 4
=143.52

* 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 143.52 mean?
MayAir Technology (China) Co (SHSE:688376) has a Days Payable of 143.52 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 MayAir Technology (China) Co and its competitors. This is near median its historical median of 154.42. Over the past decade, MayAir Technology (China) Co's Days Payable has ranged from 126.63 to 257.16. According to the industry distribution chart, MayAir Technology (China) Co ranks #895 out of 2991 companies in the Industrial Products industry, placing it in the top 29.9%.
Is MayAir Technology (China) Co's Days Payable too high?
MayAir Technology (China) Co's current Days Payable of 143.52 is near median its 10-year median of 154.42. Over the past 10 years, this metric has ranged from a low of 126.63 to a high of 257.16. The Industrial Products industry median Days Payable is 77.97. MayAir Technology (China) Co's value of 143.52 is 84.1% above this industry median. Based on the distribution chart, MayAir Technology (China) Co ranks #895 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MayAir Technology (China) Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, MayAir Technology (China) Co ranks #895 out of 2991 companies for Days Payable. This puts MayAir Technology (China) Co in the upper half of its industry. The industry median Days Payable is 77.97. MayAir Technology (China) Co's value of 143.52 is 84.1% above this benchmark. Historically, MayAir Technology (China) Co's own Days Payable has ranged from 126.63 to 257.16 over the past decade. While the company's 10-year median is 154.42 vs. the industry median of 77.97, MayAir Technology (China) 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. MayAir Technology (China) Co's current Days Payable of 143.52 is 84.1% 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 MayAir Technology (China) Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MayAir Technology (China) Co's current Days Payable is 143.52, which is near median its own 10-year median of 154.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥56.28, compared to a current price of ¥64.02 — trading 13.8% above its estimated fair value. The current Days Payable is 143.52, which is near median its 10-year median of 154.42 and 84.1% above the Industrial Products industry median of 77.97. MayAir Technology (China) Co's overall GF Score™ is 77/100 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 MayAir Technology (China) Co (SHSE:688376), the current Days Payable is 143.52 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?

Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued. The current stock price of ¥64.02 is trading 13.8% above its estimated GF Value™ of ¥56.28. GuruFocus considers MayAir Technology (China) Co to be Modestly Overvalued.

Key valuation signals for SHSE:688376:

  • Days Payable: 143.52 (near median its 10-year median of 154.42)
  • GF Value™: ¥56.28 vs. price of ¥64.02 (13.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 84.1% above the Industrial Products median (#895 of 2991)

No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MayAir Technology (China) Co Business Description

Address No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
77GF Score

Get the complete analysis for SHSE:688376

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

¥64.02
Price
¥56.28
GF Value