Shandong Kehui Power Automation Co (SHSE:688681) Days Payable: 198.56 (As of Mar. 2026) — 19% Above Median

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SHSE:688681 Shandong Kehui Power Automation Co Ltd SHSE:688681
83 GF Score
Price ¥14.38
GF Value ¥16.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shandong Kehui Power Automation Co Days Payable?

Shandong Kehui Power Automation Co SHSE:688681 -0.21% 83 Days Payable is 198.56 as of Mar. 2026, which is 19% above its 10-year median of 167.08. GuruFocus rates SHSE:688681 with a GF Score™ of 83/100 and a GF Value™ of ¥16.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,995 Industrial Products companies, Shandong Kehui Power Automation Co ranks better than 76.63% on this metric.

Shandong Kehui Power Automation Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥134.8 Mil. Shandong Kehui Power Automation Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥62.0 Mil. Hence, Shandong Kehui Power Automation Co's Days Payable for the three months ended in Mar. 2026 was 198.56.

The historical rank and industry rank for Shandong Kehui Power Automation Co's Days Payable or its related term are showing as below:

SHSE:688681' s Days Payable Range Over the Past 10 Years
Min: 124.53   Med: 167.08   Max: 200.02
Current: 152.5

During the past 13 years, Shandong Kehui Power Automation Co's highest Days Payable was 200.02. The lowest was 124.53. And the median was 167.08.

SHSE:688681's Days Payable is ranked better than
76.63% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:688681: 152.50

Shandong Kehui Power Automation Co's Days Payable declined from Mar. 2025 (198.73) to Mar. 2026 (198.56). It may suggest that Shandong Kehui Power Automation Co accelerated paying its suppliers.


Shandong Kehui Power Automation Co Days Payable Related Terms


Shandong Kehui Power Automation Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Kehui Power Automation 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.

Shandong Kehui Power Automation Co Days Payable Chart

Shandong Kehui Power Automation Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.51 196.64 200.02 168.27 167.08

Shandong Kehui Power Automation 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 198.73 144.96 145.06 148.07 198.56

SHSE:688681 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Shandong Kehui Power Automation 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.


Shandong Kehui Power Automation Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Kehui Power Automation Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Kehui Power Automation Co's Days Payable falls into.


SHSE:688681
83GF Score
Shandong Kehui Power Automation Co Ltd SHSE:688681
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Kehui Power Automation 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.

Shandong Kehui Power Automation 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
=( (118.379 + 147.007) / 2 ) / 289.885*365
=132.693 / 289.885*365
=167.08

Shandong Kehui Power Automation 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
=( (147.007 + 122.619) / 2 ) / 61.954*365 / 4
=134.813 / 61.954*365 / 4
=198.56

* 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 198.56 mean?
Shandong Kehui Power Automation Co (SHSE:688681) has a Days Payable of 198.56 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 Shandong Kehui Power Automation Co and its competitors. This is 19% above median its historical median of 167.08. Over the past decade, Shandong Kehui Power Automation Co's Days Payable has ranged from 124.53 to 200.02. According to the industry distribution chart, Shandong Kehui Power Automation Co ranks #700 out of 2995 companies in the Industrial Products industry, placing it in the top 23.4%.
Is Shandong Kehui Power Automation Co's Days Payable too high?
Shandong Kehui Power Automation Co's current Days Payable of 198.56 is 19% above median its 10-year median of 167.08. Over the past 10 years, this metric has ranged from a low of 124.53 to a high of 200.02. The Industrial Products industry median Days Payable is 78.05. Shandong Kehui Power Automation Co's value of 198.56 is 154.4% above this industry median. Based on the distribution chart, Shandong Kehui Power Automation Co ranks #700 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Kehui Power Automation Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Kehui Power Automation Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shandong Kehui Power Automation Co ranks #700 out of 2995 companies for Days Payable. This places Shandong Kehui Power Automation Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Shandong Kehui Power Automation Co's value of 198.56 is 154.4% above this benchmark. Historically, Shandong Kehui Power Automation Co's own Days Payable has ranged from 124.53 to 200.02 over the past decade. While the company's 10-year median is 167.08 vs. the industry median of 78.05, Shandong Kehui Power Automation 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 2,995 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. Shandong Kehui Power Automation Co's current Days Payable of 198.56 is 154.4% 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 Shandong Kehui Power Automation 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. Shandong Kehui Power Automation Co's current Days Payable is 198.56, which is 19% above median its own 10-year median of 167.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Kehui Power Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Kehui Power Automation Co (SHSE:688681) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.30, compared to a current price of ¥14.38 — trading 11.8% below its estimated fair value. The current Days Payable is 198.56, which is 19% above median its 10-year median of 167.08 and 154.4% above the Industrial Products industry median of 78.05. Shandong Kehui Power Automation Co's overall GF Score™ is 83/100 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 Shandong Kehui Power Automation Co (SHSE:688681), the current Days Payable is 198.56 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 Shandong Kehui Power Automation Co (SHSE:688681) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Kehui Power Automation Co stock appears to be undervalued. The current stock price of ¥14.38 is trading 11.8% below its estimated GF Value™ of ¥16.30. GuruFocus considers Shandong Kehui Power Automation Co to be Modestly Undervalued.

Key valuation signals for SHSE:688681:

  • Days Payable: 198.56 (19% above median its 10-year median of 167.08)
  • GF Value™: ¥16.30 vs. price of ¥14.38 (11.8% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 154.4% above the Industrial Products median (#700 of 2995)

No single metric tells the full story. See the SHSE:688681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Kehui Power Automation Co Business Description

Address No. 16, Sanying Road, Fang Town, Zhangdian District, Shandong Province, Zibo, CHN, 255087
Shandong Kehui Power Automation Co Ltd is engaged in the research and development, production and sales of products such as smart grid fault monitoring and automation, and switched reluctance motor drive systems.
83GF Score

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

¥14.38
Price
¥16.30
GF Value