Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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.
Nanjing Develop Advanced Manufacturing Co Days Payable Chart
Nanjing Develop Advanced Manufacturing Co Annual Data
SHSE:688377 vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, Nanjing Develop Advanced Manufacturing 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.
Nanjing Develop Advanced Manufacturing Co Days Payable vs Oil & Gas Industry
Nanjing Develop Advanced Manufacturing 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.
Nanjing Develop Advanced Manufacturing Co (SHSE:688377) has a Days Payable of 203.12 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 Nanjing Develop Advanced Manufacturing Co and its competitors. This is near median its historical median of 190.02. Over the past decade, Nanjing Develop Advanced Manufacturing Co's Days Payable has ranged from 157.63 to 226.25. According to the industry distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #133 out of 851 companies in the Oil & Gas industry, placing it in the top 15.6%.
Is Nanjing Develop Advanced Manufacturing Co's Days Payable too high?
Nanjing Develop Advanced Manufacturing Co's current Days Payable of 203.12 is near median its 10-year median of 190.02. Over the past 10 years, this metric has ranged from a low of 157.63 to a high of 226.25. The Oil & Gas industry median Days Payable is 57.95. Nanjing Develop Advanced Manufacturing Co's value of 203.12 is 250.5% above this industry median. Based on the distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #133 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Nanjing Develop Advanced Manufacturing Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Develop Advanced Manufacturing Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #133 out of 851 companies for Days Payable. This places Nanjing Develop Advanced Manufacturing Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Nanjing Develop Advanced Manufacturing Co's value of 203.12 is 250.5% above this benchmark. Historically, Nanjing Develop Advanced Manufacturing Co's own Days Payable has ranged from 157.63 to 226.25 over the past decade. While the company's 10-year median is 190.02 vs. the industry median of 57.95, Nanjing Develop Advanced Manufacturing 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Nanjing Develop Advanced Manufacturing Co's current Days Payable of 203.12 is 250.5% 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 Nanjing Develop Advanced Manufacturing Co and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Develop Advanced Manufacturing Co's current Days Payable is 203.12, which is near median its own 10-year median of 190.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Develop Advanced Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Develop Advanced Manufacturing Co (SHSE:688377) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.86, compared to a current price of ¥21.47 — trading 6.1% below its estimated fair value. The current Days Payable is 203.12, which is near median its 10-year median of 190.02 and 250.5% above the Oil & Gas industry median of 57.95. Nanjing Develop Advanced Manufacturing Co's overall GF Score™ is 94/100 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 Nanjing Develop Advanced Manufacturing Co (SHSE:688377), the current Days Payable is 203.12 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 Nanjing Develop Advanced Manufacturing Co (SHSE:688377) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Develop Advanced Manufacturing Co stock appears to be undervalued.
The current stock price of ¥21.47 is trading 6.1% below its estimated GF Value™ of ¥22.86.
GuruFocus considers Nanjing Develop Advanced Manufacturing Co to be Fairly Valued.
Key valuation signals for SHSE:688377:
Days Payable: 203.12 (near median its 10-year median of 190.02)
GF Value™: ¥22.86 vs. price of ¥21.47 (6.1% below fair value)
Industry Position: 250.5% above the Oil & Gas median (#133 of 851)
No single metric tells the full story. See the SHSE:688377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Develop Advanced Manufacturing Co Business Description
Nanjing Develop Advanced Manufacturing Co Ltd is engaged in production and sales of special parts for oil and gas equipment. The company manufactures and sells petroleum and natural gas mining equipment and components, components and high-pressure valves, offshore engineering mining equipment and components.
94GF Score
Get the complete analysis for SHSE:688377
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688377 has been successfully added to your 
