SBT Ultrasonic Technology Co (SHSE:688392) Days Payable: 277.04 (As of Mar. 2026) — 157% Above Median


SHSE:688392 SBT Ultrasonic Technology Co Ltd SHSE:688392
51 GF Score
Price ¥203.89
GF Value ¥99.14
Valuation Significantly Overvalued
! 8 Warning Signs
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What is SBT Ultrasonic Technology Co Days Payable?

SBT Ultrasonic Technology Co SHSE:688392 -15.68% 51 Days Payable is 277.04 as of Mar. 2026, which is 157% above its 10-year median of 107.87. GuruFocus rates SHSE:688392 with a GF Score™ of 51/100 and a GF Value™ of ¥99.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,994 Industrial Products companies, SBT Ultrasonic Technology Co ranks better than 86.31% on this metric.

SBT Ultrasonic Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥199.9 Mil. SBT Ultrasonic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥65.9 Mil. Hence, SBT Ultrasonic Technology Co's Days Payable for the three months ended in Mar. 2026 was 277.04.

The historical rank and industry rank for SBT Ultrasonic Technology Co's Days Payable or its related term are showing as below:

SHSE:688392' s Days Payable Range Over the Past 10 Years
Min: 71.32   Med: 107.87   Max: 200.99
Current: 200.99

During the past 8 years, SBT Ultrasonic Technology Co's highest Days Payable was 200.99. The lowest was 71.32. And the median was 107.87.

SHSE:688392's Days Payable is ranked better than
86.31% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:688392: 200.99

SBT Ultrasonic Technology Co's Days Payable increased from Mar. 2025 (209.86) to Mar. 2026 (277.04). It may suggest that SBT Ultrasonic Technology Co delayed paying its suppliers.


SBT Ultrasonic Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for SBT Ultrasonic Technology 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.

SBT Ultrasonic Technology Co Days Payable Chart

SBT Ultrasonic Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 124.01 116.32 98.49 122.43 198.36

SBT Ultrasonic Technology Co Quarterly Data
Jun21 Sep21 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 209.86 204.20 187.75 157.27 277.04

SHSE:688392 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, SBT Ultrasonic 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.


SBT Ultrasonic Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SBT Ultrasonic Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where SBT Ultrasonic Technology Co's Days Payable falls into.


SHSE:688392
51GF Score
SBT Ultrasonic Technology Co Ltd SHSE:688392
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SBT Ultrasonic 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.

SBT Ultrasonic Technology 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
=( (106.806 + 200.833) / 2 ) / 283.046*365
=153.8195 / 283.046*365
=198.36

SBT Ultrasonic Technology 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
=( (200.833 + 199.026) / 2 ) / 65.852*365 / 4
=199.9295 / 65.852*365 / 4
=277.04

* 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 277.04 mean?
SBT Ultrasonic Technology Co (SHSE:688392) has a Days Payable of 277.04 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 SBT Ultrasonic Technology Co and its competitors. This is 157% above median its historical median of 107.87. Over the past decade, SBT Ultrasonic Technology Co's Days Payable has ranged from 71.32 to 200.99. According to the industry distribution chart, SBT Ultrasonic Technology Co ranks #410 out of 2994 companies in the Industrial Products industry, placing it in the top 13.7%.
Is SBT Ultrasonic Technology Co's Days Payable too high?
SBT Ultrasonic Technology Co's current Days Payable of 277.04 is 157% above median its 10-year median of 107.87. Over the past 10 years, this metric has ranged from a low of 71.32 to a high of 200.99. The Industrial Products industry median Days Payable is 78.05. SBT Ultrasonic Technology Co's value of 277.04 is 255% above this industry median. Based on the distribution chart, SBT Ultrasonic Technology Co ranks #410 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SBT Ultrasonic Technology Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBT Ultrasonic Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SBT Ultrasonic Technology Co ranks #410 out of 2994 companies for Days Payable. This places SBT Ultrasonic Technology Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. SBT Ultrasonic Technology Co's value of 277.04 is 255% above this benchmark. Historically, SBT Ultrasonic Technology Co's own Days Payable has ranged from 71.32 to 200.99 over the past decade. While the company's 10-year median is 107.87 vs. the industry median of 78.05, SBT Ultrasonic 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. SBT Ultrasonic Technology Co's current Days Payable of 277.04 is 255% 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 SBT Ultrasonic Technology 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. SBT Ultrasonic Technology Co's current Days Payable is 277.04, which is 157% above median its own 10-year median of 107.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBT Ultrasonic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, SBT Ultrasonic Technology Co (SHSE:688392) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥99.14, compared to a current price of ¥203.89 — trading 105.7% above its estimated fair value. The current Days Payable is 277.04, which is 157% above median its 10-year median of 107.87 and 255% above the Industrial Products industry median of 78.05. SBT Ultrasonic Technology Co's overall GF Score™ is 51/100 with 8 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 SBT Ultrasonic Technology Co (SHSE:688392), the current Days Payable is 277.04 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 SBT Ultrasonic Technology Co (SHSE:688392) Overvalued in 2026?

Based on GuruFocus' analysis, SBT Ultrasonic Technology Co stock appears to be overvalued. The current stock price of ¥203.89 is trading 105.7% above its estimated GF Value™ of ¥99.14. GuruFocus considers SBT Ultrasonic Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688392:

  • Days Payable: 277.04 (157% above median its 10-year median of 107.87)
  • GF Value™: ¥99.14 vs. price of ¥203.89 (105.7% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 255% above the Industrial Products median (#410 of 2994)

No single metric tells the full story. See the SHSE:688392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBT Ultrasonic Technology Co Business Description

Address No. 1488, Cangyuan Road, 3rd Floor, Building 2, Minhang District, Shanghai, CHN, 200240
SBT Ultrasonic Technology Co Ltd is engaged in the research and development, design, manufacture, sales, and after-sales service of ultrasonic welding, cutting system application products, online testing, and automation products. The company's equipment is widely used in lithium batteries, wiring harnesses, 3C, semiconductor IGBT power modules, rubber tires, food, pharmaceutical, plastic packaging, and other fields.
51GF Score

Get the complete analysis for SHSE:688392

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

¥203.89
Price
¥99.14
GF Value