NanJing GOVA Technology Co (SHSE:688539) Days Payable: 575.37 (As of Mar. 2026) — 199% Above Median

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SHSE:688539 NanJing GOVA Technology Co Ltd SHSE:688539
92 GF Score
Price ¥24.05
GF Value ¥31.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NanJing GOVA Technology Co Days Payable?

NanJing GOVA Technology Co SHSE:688539 -9.35% 92 Days Payable is 575.37 as of Mar. 2026, which is 199% above its 10-year median of 192.25. GuruFocus rates SHSE:688539 with a GF Score™ of 92/100 and a GF Value™ of ¥31.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,442 Hardware companies, NanJing GOVA Technology Co ranks better than 93.12% on this metric.

NanJing GOVA Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥153.2 Mil. NanJing GOVA Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥24.3 Mil. Hence, NanJing GOVA Technology Co's Days Payable for the three months ended in Mar. 2026 was 575.37.

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

SHSE:688539' s Days Payable Range Over the Past 10 Years
Min: 148.66   Med: 192.25   Max: 242.93
Current: 242.93

During the past 12 years, NanJing GOVA Technology Co's highest Days Payable was 242.93. The lowest was 148.66. And the median was 192.25.

SHSE:688539's Days Payable is ranked better than
93.12% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:688539: 242.93

NanJing GOVA Technology Co's Days Payable increased from Mar. 2025 (284.69) to Mar. 2026 (575.37). It may suggest that NanJing GOVA Technology Co delayed paying its suppliers.


NanJing GOVA Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for NanJing GOVA 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.

NanJing GOVA Technology Co Days Payable Chart

NanJing GOVA Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.66 166.33 167.76 205.64 220.27

NanJing GOVA Technology Co Quarterly Data
Dec20 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 284.69 205.76 232.10 166.28 575.37

SHSE:688539 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, NanJing GOVA 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.


NanJing GOVA Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, NanJing GOVA Technology Co's Days Payable distribution charts can be found below:

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


SHSE:688539
92GF Score
NanJing GOVA Technology Co Ltd SHSE:688539
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NanJing GOVA 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.

NanJing GOVA 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
=( (118.422 + 145.167) / 2 ) / 218.388*365
=131.7945 / 218.388*365
=220.27

NanJing GOVA 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
=( (145.167 + 161.151) / 2 ) / 24.29*365 / 4
=153.159 / 24.29*365 / 4
=575.37

* 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 575.37 mean?
NanJing GOVA Technology Co (SHSE:688539) has a Days Payable of 575.37 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 GOVA Technology Co and its competitors. This is 199% above median its historical median of 192.25. Over the past decade, NanJing GOVA Technology Co's Days Payable has ranged from 148.66 to 242.93. According to the industry distribution chart, NanJing GOVA Technology Co ranks #168 out of 2442 companies in the Hardware industry, placing it in the top 6.9%.
Is NanJing GOVA Technology Co's Days Payable too high?
NanJing GOVA Technology Co's current Days Payable of 575.37 is 199% above median its 10-year median of 192.25. Over the past 10 years, this metric has ranged from a low of 148.66 to a high of 242.93. The Hardware industry median Days Payable is 69.89. NanJing GOVA Technology Co's value of 575.37 is 723.3% above this industry median. Based on the distribution chart, NanJing GOVA Technology Co ranks #168 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NanJing GOVA Technology Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NanJing GOVA Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, NanJing GOVA Technology Co ranks #168 out of 2442 companies for Days Payable. This places NanJing GOVA Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. NanJing GOVA Technology Co's value of 575.37 is 723.3% above this benchmark. Historically, NanJing GOVA Technology Co's own Days Payable has ranged from 148.66 to 242.93 over the past decade. While the company's 10-year median is 192.25 vs. the industry median of 69.89, NanJing GOVA 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 2,442 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 GOVA Technology Co's current Days Payable of 575.37 is 723.3% 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 GOVA 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. NanJing GOVA Technology Co's current Days Payable is 575.37, which is 199% above median its own 10-year median of 192.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NanJing GOVA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, NanJing GOVA Technology Co (SHSE:688539) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥31.28, compared to a current price of ¥24.05 — trading 23.1% below its estimated fair value. The current Days Payable is 575.37, which is 199% above median its 10-year median of 192.25 and 723.3% above the Hardware industry median of 69.89. NanJing GOVA Technology Co's overall GF Score™ is 92/100 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 GOVA Technology Co (SHSE:688539), the current Days Payable is 575.37 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 GOVA Technology Co (SHSE:688539) Overvalued in 2026?

Based on GuruFocus' analysis, NanJing GOVA Technology Co stock appears to be undervalued. The current stock price of ¥24.05 is trading 23.1% below its estimated GF Value™ of ¥31.28. GuruFocus considers NanJing GOVA Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688539:

  • Days Payable: 575.37 (199% above median its 10-year median of 192.25)
  • GF Value™: ¥31.28 vs. price of ¥24.05 (23.1% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 723.3% above the Hardware median (#168 of 2442)

No single metric tells the full story. See the SHSE:688539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NanJing GOVA Technology Co Business Description

Address No. 66, Qixia Avenue, Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210046
NanJing GOVA Technology Co Ltd is a high-tech enterprise that develops, designs, produces and sells high-reliability sensors and sensor network systems. The main products are various pressure, acceleration, temperature and humidity, displacement and other sensors, and integrate the above sensors into a sensor network system through software algorithms.
92GF Score

Get the complete analysis for SHSE:688539

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

¥24.05
Price
¥31.28
GF Value