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Qingdao Gaoce Technology CoSHSE:688556 -7.70%92 Days Payable is 137.34 as of Mar. 2026, which is 47% below its 10-year median of 258.49. GuruFocus rates SHSE:688556 with a GF Score™ of 92/100 and a GF Value™ of ¥8.66 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,991 Industrial Products companies, Qingdao Gaoce Technology Co ranks better than 67.87% on this metric.
The historical rank and industry rank for Qingdao Gaoce Technology Co's Days Payable or its related term are showing as below:
SHSE:688556'
s Days Payable Range Over the Past 10 Years
Min: 120.73 Med: 258.49 Max: 478.57
Current: 120.73
During the past 13 years, Qingdao Gaoce Technology Co's highest Days Payable was 478.57. The lowest was 120.73. And the median was 258.49.
SHSE:688556's Days Payable is ranked better than 67.87% of 2991
companies
in the Industrial Products industry
Industry Median: 77.97
vs SHSE:688556: 120.73
* 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.
SHSE:688556 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Qingdao Gaoce 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.
Qingdao Gaoce Technology Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Qingdao Gaoce Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Qingdao Gaoce Technology Co's Days Payable falls into.
Qingdao Gaoce 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.
* 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.
Qingdao Gaoce Technology Co (SHSE:688556) has a Days Payable of 137.34 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 Qingdao Gaoce Technology Co and its competitors. This is 47% below median its historical median of 258.49. Over the past decade, Qingdao Gaoce Technology Co's Days Payable has ranged from 120.73 to 478.57. According to the industry distribution chart, Qingdao Gaoce Technology Co ranks #961 out of 2991 companies in the Industrial Products industry, placing it in the top 32.1%.
Is Qingdao Gaoce Technology Co's Days Payable too high?
Qingdao Gaoce Technology Co's current Days Payable of 137.34 is 47% below median its 10-year median of 258.49. Over the past 10 years, this metric has ranged from a low of 120.73 to a high of 478.57. The Industrial Products industry median Days Payable is 77.97. Qingdao Gaoce Technology Co's value of 137.34 is 76.1% above this industry median. Based on the distribution chart, Qingdao Gaoce Technology Co ranks #961 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Qingdao Gaoce Technology Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Gaoce Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Qingdao Gaoce Technology Co ranks #961 out of 2991 companies for Days Payable. This puts Qingdao Gaoce Technology Co in the upper half of its industry. The industry median Days Payable is 77.97. Qingdao Gaoce Technology Co's value of 137.34 is 76.1% above this benchmark. Historically, Qingdao Gaoce Technology Co's own Days Payable has ranged from 120.73 to 478.57 over the past decade. While the company's 10-year median is 258.49 vs. the industry median of 77.97, Qingdao Gaoce 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 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. Qingdao Gaoce Technology Co's current Days Payable of 137.34 is 76.1% 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 Qingdao Gaoce Technology 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. Qingdao Gaoce Technology Co's current Days Payable is 137.34, which is 47% below median its own 10-year median of 258.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Gaoce Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Gaoce Technology Co (SHSE:688556) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.66, compared to a current price of ¥8.51 — trading 1.7% below its estimated fair value. The current Days Payable is 137.34, which is 47% below median its 10-year median of 258.49 and 76.1% above the Industrial Products industry median of 77.97. Qingdao Gaoce Technology Co's overall GF Score™ is 92/100 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 Qingdao Gaoce Technology Co (SHSE:688556), the current Days Payable is 137.34 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 Qingdao Gaoce Technology Co (SHSE:688556) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Gaoce Technology Co stock appears to be undervalued.
The current stock price of ¥8.51 is trading 1.7% below its estimated GF Value™ of ¥8.66.
GuruFocus considers Qingdao Gaoce Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688556:
Days Payable: 137.34 (47% below median its 10-year median of 258.49)
GF Value™: ¥8.66 vs. price of ¥8.51 (1.7% below fair value)
Industry Position: 76.1% above the Industrial Products median (#961 of 2991)
No single metric tells the full story. See the SHSE:688556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Gaoce Technology Co Ltd is engaged in the research and development, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.
92GF Score
Get the complete analysis for SHSE:688556
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