Guoguang Electric Co Chengdu (SHSE:688776) Days Payable: 870.66 (As of Mar. 2026) — 379% Above Median


SHSE:688776 Guoguang Electric Co Ltd Chengdu SHSE:688776
48 GF Score
Price ¥57.20
GF Value ¥21.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Guoguang Electric Co Chengdu Days Payable?

Guoguang Electric Co Chengdu SHSE:688776 +5.50% 48 Days Payable is 870.66 as of Mar. 2026, which is 379% above its 10-year median of 181.89. GuruFocus rates SHSE:688776 with a GF Score™ of 48/100 and a GF Value™ of ¥21.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Guoguang Electric Co Chengdu ranks better than 98.73% on this metric.

Guoguang Electric Co Chengdu's average Accounts Payable for the three months ended in Mar. 2026 was ¥449.4 Mil. Guoguang Electric Co Chengdu's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥47.1 Mil. Hence, Guoguang Electric Co Chengdu's Days Payable for the three months ended in Mar. 2026 was 870.66.

The historical rank and industry rank for Guoguang Electric Co Chengdu's Days Payable or its related term are showing as below:

SHSE:688776' s Days Payable Range Over the Past 10 Years
Min: 93.19   Med: 181.89   Max: 826.76
Current: 826.76

During the past 9 years, Guoguang Electric Co Chengdu's highest Days Payable was 826.76. The lowest was 93.19. And the median was 181.89.

SHSE:688776's Days Payable is ranked better than
98.73% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:688776: 826.76

Guoguang Electric Co Chengdu's Days Payable increased from Mar. 2025 (526.37) to Mar. 2026 (870.66). It may suggest that Guoguang Electric Co Chengdu delayed paying its suppliers.


Guoguang Electric Co Chengdu Days Payable Historical Data

* Premium members only.

The historical data trend for Guoguang Electric Co Chengdu'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.

Guoguang Electric Co Chengdu Days Payable Chart

Guoguang Electric Co Chengdu Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 181.89 155.52 235.69 398.63 716.19

Guoguang Electric Co Chengdu 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 526.37 397.73 1,962.52 1,498.45 870.66

SHSE:688776 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Guoguang Electric Co Chengdu'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.


Guoguang Electric Co Chengdu Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guoguang Electric Co Chengdu's Days Payable distribution charts can be found below:

* The bar in red indicates where Guoguang Electric Co Chengdu's Days Payable falls into.


SHSE:688776
48GF Score
Guoguang Electric Co Ltd Chengdu SHSE:688776
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Guoguang Electric Co Chengdu 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.

Guoguang Electric Co Chengdu'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
=( (424.471 + 454.626) / 2 ) / 224.012*365
=439.5485 / 224.012*365
=716.19

Guoguang Electric Co Chengdu'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
=( (454.626 + 444.103) / 2 ) / 47.096*365 / 4
=449.3645 / 47.096*365 / 4
=870.66

* 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 870.66 mean?
Guoguang Electric Co Chengdu (SHSE:688776) has a Days Payable of 870.66 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 Guoguang Electric Co Chengdu and its competitors. This is 379% above median its historical median of 181.89. Over the past decade, Guoguang Electric Co Chengdu's Days Payable has ranged from 93.19 to 826.76. According to the industry distribution chart, Guoguang Electric Co Chengdu ranks #38 out of 2994 companies in the Industrial Products industry, placing it in the top 1.3%.
Is Guoguang Electric Co Chengdu's Days Payable too high?
Guoguang Electric Co Chengdu's current Days Payable of 870.66 is 379% above median its 10-year median of 181.89. Over the past 10 years, this metric has ranged from a low of 93.19 to a high of 826.76. The Industrial Products industry median Days Payable is 78.05. Guoguang Electric Co Chengdu's value of 870.66 is 1015.6% above this industry median. Based on the distribution chart, Guoguang Electric Co Chengdu ranks #38 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Guoguang Electric Co Chengdu has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guoguang Electric Co Chengdu's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Guoguang Electric Co Chengdu ranks #38 out of 2994 companies for Days Payable. This places Guoguang Electric Co Chengdu in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Guoguang Electric Co Chengdu's value of 870.66 is 1015.6% above this benchmark. Historically, Guoguang Electric Co Chengdu's own Days Payable has ranged from 93.19 to 826.76 over the past decade. While the company's 10-year median is 181.89 vs. the industry median of 78.05, Guoguang Electric Co Chengdu 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 2,994 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. Guoguang Electric Co Chengdu's current Days Payable of 870.66 is 1015.6% 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 Guoguang Electric Co Chengdu 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. Guoguang Electric Co Chengdu's current Days Payable is 870.66, which is 379% above median its own 10-year median of 181.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guoguang Electric Co Chengdu stock overvalued right now?
Based on GuruFocus' analysis, Guoguang Electric Co Chengdu (SHSE:688776) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.36, compared to a current price of ¥57.20 — trading 167.8% above its estimated fair value. The current Days Payable is 870.66, which is 379% above median its 10-year median of 181.89 and 1015.6% above the Industrial Products industry median of 78.05. Guoguang Electric Co Chengdu's overall GF Score™ is 48/100 with 6 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 Guoguang Electric Co Chengdu (SHSE:688776), the current Days Payable is 870.66 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 Guoguang Electric Co Chengdu (SHSE:688776) Overvalued in 2026?

Based on GuruFocus' analysis, Guoguang Electric Co Chengdu stock appears to be overvalued. The current stock price of ¥57.20 is trading 167.8% above its estimated GF Value™ of ¥21.36. GuruFocus considers Guoguang Electric Co Chengdu to be Significantly Overvalued.

Key valuation signals for SHSE:688776:

  • Days Payable: 870.66 (379% above median its 10-year median of 181.89)
  • GF Value™: ¥21.36 vs. price of ¥57.20 (167.8% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 1015.6% above the Industrial Products median (#38 of 2994)

No single metric tells the full story. See the SHSE:688776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guoguang Electric Co Chengdu Business Description

Address No.117 Xingguang West Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100
Guoguang Electric Co Ltd Chengdu is engaged in the research and development, production and sales of vacuum and microwave application products.
48GF Score

Get the complete analysis for SHSE:688776

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

¥57.20
Price
¥21.36
GF Value