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What is Ningbo Hicon Industry Technology Co Days Payable?
Ningbo Hicon Industry Technology CoSZSE:001237 -1.21%20 Days Payable is 334.80 as of Mar. 2026, which is 38% above its 10-year median of 242.25. GuruFocus rates SZSE:001237 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Ningbo Hicon Industry Technology Co ranks better than 91.83% on this metric.
SZSE:001237'
s Days Payable Range Over the Past 10 Years
Min: 170.97 Med: 242.25 Max: 267.8
Current: 170.97
During the past 4 years, Ningbo Hicon Industry Technology Co's highest Days Payable was 267.80. The lowest was 170.97. And the median was 242.25.
SZSE:001237's Days Payable is ranked better than 91.83% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03
vs SZSE:001237: 170.97
* 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.
Ningbo Hicon Industry Technology Co Days Payable Chart
Ningbo Hicon Industry Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Days Payable
242.25
236.85
0.00
267.80
Ningbo Hicon Industry Technology Co Quarterly Data
SZSE:001237 vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ningbo Hicon Industry 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.
Ningbo Hicon Industry Technology Co Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Hicon Industry Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Hicon Industry Technology Co's Days Payable falls into.
Ningbo Hicon Industry 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.
Ningbo Hicon Industry Technology Co (SZSE:001237) has a Days Payable of 334.80 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 Ningbo Hicon Industry Technology Co and its competitors. This is 38% above median its historical median of 242.25. Over the past decade, Ningbo Hicon Industry Technology Co's Days Payable has ranged from 170.97 to 267.80. According to the industry distribution chart, Ningbo Hicon Industry Technology Co ranks #34 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 8.2%.
Is Ningbo Hicon Industry Technology Co's Days Payable too high?
Ningbo Hicon Industry Technology Co's current Days Payable of 334.80 is 38% above median its 10-year median of 242.25. Over the past 10 years, this metric has ranged from a low of 170.97 to a high of 267.80. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. Ningbo Hicon Industry Technology Co's value of 334.80 is 431.2% above this industry median. Based on the distribution chart, Ningbo Hicon Industry Technology Co ranks #34 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Hicon Industry Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Hicon Industry Technology Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ningbo Hicon Industry Technology Co ranks #34 out of 416 companies for Days Payable. This places Ningbo Hicon Industry Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.03. Ningbo Hicon Industry Technology Co's value of 334.80 is 431.2% above this benchmark. Historically, Ningbo Hicon Industry Technology Co's own Days Payable has ranged from 170.97 to 267.80 over the past decade. While the company's 10-year median is 242.25 vs. the industry median of 63.03, Ningbo Hicon Industry 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 a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. Ningbo Hicon Industry Technology Co's current Days Payable of 334.80 is 431.2% 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 Ningbo Hicon Industry Technology Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Hicon Industry Technology Co's current Days Payable is 334.80, which is 38% above median its own 10-year median of 242.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Hicon Industry Technology Co stock overvalued right now?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a current Days Payable of 334.80. The current Days Payable is 334.80, which is 38% above median its 10-year median of 242.25 and 431.2% above the Furnishings, Fixtures & Appliances industry median of 63.03. Ningbo Hicon Industry Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Ningbo Hicon Industry Technology Co (SZSE:001237), the current Days Payable is 334.80 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.
Ningbo Hicon Industry Technology Co Ltd is engaged in the research, development, production, and sales of refrigeration equipment. The company's products are widely used in many commercial and household fields, such as restaurants, hotels, supermarkets, cafes, milk tea shops, convenience stores, bars, schools, and offices. It exports to various countries and regions around the world, including China, the United States, Canada, Germany, Sweden, and Australia. The company's offerings include ice makers, Commercial ice makers, wine cabinets, refrigerators, freezers, car refrigerators, Ice cream machines, display cases, and Snow melting machines.
20GF Score
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