The historical rank and industry rank for Neway CNC Equipment (Suzhou) Co's Days Payable or its related term are showing as below:
SHSE:688697'
s Days Payable Range Over the Past 10 Years
Min: 214.97 Med: 230.53 Max: 278.2
Current: 218.59
During the past 9 years, Neway CNC Equipment (Suzhou) Co's highest Days Payable was 278.20. The lowest was 214.97. And the median was 230.53.
SHSE:688697's Days Payable is ranked better than 88.24% of 2993
companies
in the Industrial Products industry
Industry Median: 78.04
vs SHSE:688697: 218.59
* 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.
Neway CNC Equipment (Suzhou) Co Days Payable Chart
SHSE:688697 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Neway CNC Equipment (Suzhou) 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.
Neway CNC Equipment (Suzhou) Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway CNC Equipment (Suzhou) Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Neway CNC Equipment (Suzhou) Co's Days Payable falls into.
Neway CNC Equipment (Suzhou) 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.
Neway CNC Equipment (Suzhou) Co (SHSE:688697) has a Days Payable of 242.04 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 Neway CNC Equipment (Suzhou) Co and its competitors. This is near median its historical median of 230.53. Over the past decade, Neway CNC Equipment (Suzhou) Co's Days Payable has ranged from 214.97 to 278.20. According to the industry distribution chart, Neway CNC Equipment (Suzhou) Co ranks #352 out of 2993 companies in the Industrial Products industry, placing it in the top 11.8%.
Is Neway CNC Equipment (Suzhou) Co's Days Payable too high?
Neway CNC Equipment (Suzhou) Co's current Days Payable of 242.04 is near median its 10-year median of 230.53. Over the past 10 years, this metric has ranged from a low of 214.97 to a high of 278.20. The Industrial Products industry median Days Payable is 78.04. Neway CNC Equipment (Suzhou) Co's value of 242.04 is 210.1% above this industry median. Based on the distribution chart, Neway CNC Equipment (Suzhou) Co ranks #352 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Neway CNC Equipment (Suzhou) Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Neway CNC Equipment (Suzhou) Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway CNC Equipment (Suzhou) Co ranks #352 out of 2993 companies for Days Payable. This places Neway CNC Equipment (Suzhou) Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.04. Neway CNC Equipment (Suzhou) Co's value of 242.04 is 210.1% above this benchmark. Historically, Neway CNC Equipment (Suzhou) Co's own Days Payable has ranged from 214.97 to 278.20 over the past decade. While the company's 10-year median is 230.53 vs. the industry median of 78.04, Neway CNC Equipment (Suzhou) 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 78.04, based on 2,993 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. Neway CNC Equipment (Suzhou) Co's current Days Payable of 242.04 is 210.1% 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 Neway CNC Equipment (Suzhou) Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway CNC Equipment (Suzhou) Co's current Days Payable is 242.04, which is near median its own 10-year median of 230.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway CNC Equipment (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway CNC Equipment (Suzhou) Co (SHSE:688697) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.00, compared to a current price of ¥12.27 — trading 5.6% below its estimated fair value. The current Days Payable is 242.04, which is near median its 10-year median of 230.53 and 210.1% above the Industrial Products industry median of 78.04. Neway CNC Equipment (Suzhou) Co's overall GF Score™ is 93/100 with 2 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 Neway CNC Equipment (Suzhou) Co (SHSE:688697), the current Days Payable is 242.04 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 Neway CNC Equipment (Suzhou) Co (SHSE:688697) Overvalued in 2026?
Based on GuruFocus' analysis, Neway CNC Equipment (Suzhou) Co stock appears to be undervalued.
The current stock price of ¥12.27 is trading 5.6% below its estimated GF Value™ of ¥13.00.
GuruFocus considers Neway CNC Equipment (Suzhou) Co to be Fairly Valued.
Key valuation signals for SHSE:688697:
Days Payable: 242.04 (near median its 10-year median of 230.53)
GF Value™: ¥13.00 vs. price of ¥12.27 (5.6% below fair value)
Industry Position: 210.1% above the Industrial Products median (#352 of 2993)
No single metric tells the full story. See the SHSE:688697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway CNC Equipment (Suzhou) Co Business Description
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