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What is Shenzhen Tongye Technology Co Days Payable?
Shenzhen Tongye Technology CoSZSE:300960 -1.72%67 Days Payable is 274.80 as of Jun. 2026, which is 9% above its 10-year median of 253.24. GuruFocus rates SZSE:300960 with a GF Score™ of 67/100 and a GF Value™ of ¥22.60 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 3,004 Industrial Products companies, Shenzhen Tongye Technology Co ranks better than 91.61% on this metric.
The historical rank and industry rank for Shenzhen Tongye Technology Co's Days Payable or its related term are showing as below:
SZSE:300960'
s Days Payable Range Over the Past 10 Years
Min: 229.32 Med: 253.24 Max: 313.45
Current: 254.59
During the past 13 years, Shenzhen Tongye Technology Co's highest Days Payable was 313.45. The lowest was 229.32. And the median was 253.24.
SZSE:300960's Days Payable is ranked better than 91.61% of 3004
companies
in the Industrial Products industry
Industry Median: 78.565
vs SZSE:300960: 254.59
* 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.
SZSE:300960 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Shenzhen Tongye 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.
Shenzhen Tongye Technology Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenzhen Tongye Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shenzhen Tongye Technology Co's Days Payable falls into.
Shenzhen Tongye 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.
Shenzhen Tongye Technology Co (SZSE:300960) has a Days Payable of 274.80 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shenzhen Tongye Technology Co and its competitors. This is near median its historical median of 253.24. Over the past decade, Shenzhen Tongye Technology Co's Days Payable has ranged from 229.32 to 313.45. According to the industry distribution chart, Shenzhen Tongye Technology Co ranks #252 out of 3004 companies in the Industrial Products industry, placing it in the top 8.4%.
Is Shenzhen Tongye Technology Co's Days Payable too high?
Shenzhen Tongye Technology Co's current Days Payable of 274.80 is near median its 10-year median of 253.24. Over the past 10 years, this metric has ranged from a low of 229.32 to a high of 313.45. The Industrial Products industry median Days Payable is 78.57. Shenzhen Tongye Technology Co's value of 274.80 is 249.8% above this industry median. Based on the distribution chart, Shenzhen Tongye Technology Co ranks #252 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Tongye Technology Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Tongye Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen Tongye Technology Co ranks #252 out of 3004 companies for Days Payable. This places Shenzhen Tongye Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.57. Shenzhen Tongye Technology Co's value of 274.80 is 249.8% above this benchmark. Historically, Shenzhen Tongye Technology Co's own Days Payable has ranged from 229.32 to 313.45 over the past decade. While the company's 10-year median is 253.24 vs. the industry median of 78.57, Shenzhen Tongye 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.57, based on 3,004 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. Shenzhen Tongye Technology Co's current Days Payable of 274.80 is 249.8% 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 Shenzhen Tongye Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Tongye Technology Co's current Days Payable is 274.80, which is near median its own 10-year median of 253.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Tongye Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co (SZSE:300960) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.60, compared to a current price of ¥16.53 — trading 26.9% below its estimated fair value. The current Days Payable is 274.80, which is near median its 10-year median of 253.24 and 249.8% above the Industrial Products industry median of 78.57. Shenzhen Tongye Technology Co's overall GF Score™ is 67/100 with 7 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 Shenzhen Tongye Technology Co (SZSE:300960), the current Days Payable is 274.80 as of Jun. 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 Shenzhen Tongye Technology Co (SZSE:300960) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co stock appears to be undervalued.
The current stock price of ¥16.53 is trading 26.9% below its estimated GF Value™ of ¥22.60.
GuruFocus considers Shenzhen Tongye Technology Co to be Modestly Undervalued.
Key valuation signals for SZSE:300960:
Days Payable: 274.80 (near median its 10-year median of 253.24)
GF Value™: ¥22.60 vs. price of ¥16.53 (26.9% below fair value)
Industry Position: 249.8% above the Industrial Products median (#252 of 3004)
No single metric tells the full story. See the SZSE:300960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.
67GF Score
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