Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Suzhou Veichi Electric CoSHSE:688698 +2.32%94 Days Payable is 221.30 as of Mar. 2026, which is 103% above its 10-year median of 109.02. GuruFocus rates SHSE:688698 with a GF Score™ of 94/100 and a GF Value™ of ¥60.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Suzhou Veichi Electric Co ranks better than 85.79% on this metric.
The historical rank and industry rank for Suzhou Veichi Electric Co's Days Payable or its related term are showing as below:
SHSE:688698'
s Days Payable Range Over the Past 10 Years
Min: 91.09 Med: 109.02 Max: 197.98
Current: 197.98
During the past 9 years, Suzhou Veichi Electric Co's highest Days Payable was 197.98. The lowest was 91.09. And the median was 109.02.
SHSE:688698's Days Payable is ranked better than 85.79% of 2991
companies
in the Industrial Products industry
Industry Median: 77.97
vs SHSE:688698: 197.98
* 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:688698 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Suzhou Veichi Electric 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.
Suzhou Veichi Electric Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Suzhou Veichi Electric Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Suzhou Veichi Electric Co's Days Payable falls into.
Suzhou Veichi Electric 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.
Suzhou Veichi Electric Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Suzhou Veichi Electric Co (SHSE:688698) has a Days Payable of 221.30 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 Suzhou Veichi Electric Co and its competitors. This is 103% above median its historical median of 109.02. Over the past decade, Suzhou Veichi Electric Co's Days Payable has ranged from 91.09 to 197.98. According to the industry distribution chart, Suzhou Veichi Electric Co ranks #425 out of 2991 companies in the Industrial Products industry, placing it in the top 14.2%.
Is Suzhou Veichi Electric Co's Days Payable too high?
Suzhou Veichi Electric Co's current Days Payable of 221.30 is 103% above median its 10-year median of 109.02. Over the past 10 years, this metric has ranged from a low of 91.09 to a high of 197.98. The Industrial Products industry median Days Payable is 77.97. Suzhou Veichi Electric Co's value of 221.30 is 183.8% above this industry median. Based on the distribution chart, Suzhou Veichi Electric Co ranks #425 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Veichi Electric Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Veichi Electric Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Veichi Electric Co ranks #425 out of 2991 companies for Days Payable. This places Suzhou Veichi Electric Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.97. Suzhou Veichi Electric Co's value of 221.30 is 183.8% above this benchmark. Historically, Suzhou Veichi Electric Co's own Days Payable has ranged from 91.09 to 197.98 over the past decade. While the company's 10-year median is 109.02 vs. the industry median of 77.97, Suzhou Veichi Electric 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. Suzhou Veichi Electric Co's current Days Payable of 221.30 is 183.8% 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 Suzhou Veichi Electric 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. Suzhou Veichi Electric Co's current Days Payable is 221.30, which is 103% above median its own 10-year median of 109.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Veichi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co (SHSE:688698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.15, compared to a current price of ¥45.43 — trading 24.5% below its estimated fair value. The current Days Payable is 221.30, which is 103% above median its 10-year median of 109.02 and 183.8% above the Industrial Products industry median of 77.97. Suzhou Veichi Electric Co's overall GF Score™ is 94/100 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 Suzhou Veichi Electric Co (SHSE:688698), the current Days Payable is 221.30 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 Suzhou Veichi Electric Co (SHSE:688698) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co stock appears to be undervalued.
The current stock price of ¥45.43 is trading 24.5% below its estimated GF Value™ of ¥60.15.
GuruFocus considers Suzhou Veichi Electric Co to be Modestly Undervalued.
Key valuation signals for SHSE:688698:
Days Payable: 221.30 (103% above median its 10-year median of 109.02)
GF Value™: ¥60.15 vs. price of ¥45.43 (24.5% below fair value)
Industry Position: 183.8% above the Industrial Products median (#425 of 2991)
No single metric tells the full story. See the SHSE:688698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.
94GF Score
Get the complete analysis for SHSE:688698
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688698 has been successfully added to your 
