Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:920057) Days Payable: 107.80 (As of Jun. 2026) — 32% Below Median

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BJSE:920057 Xuzhou Zm-Besta Heavy Steel Structure Co Ltd BJSE:920057
65 GF Score
Price ¥4.70
GF Value ¥5.78
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Xuzhou Zm-Besta Heavy Steel Structure Co Days Payable?

Xuzhou Zm-Besta Heavy Steel Structure Co BJSE:920057 65 Days Payable is 107.80 as of Jun. 2026, which is 32% below its 10-year median of 158.66. GuruFocus rates BJSE:920057 with a GF Score™ of 65/100 and a GF Value™ of ¥5.78 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 597 Steel companies, Xuzhou Zm-Besta Heavy Steel Structure Co ranks better than 88.94% on this metric.

Xuzhou Zm-Besta Heavy Steel Structure Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥503 Mil. Xuzhou Zm-Besta Heavy Steel Structure Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥426 Mil. Hence, Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable for the three months ended in Jun. 2026 was 107.80.

The historical rank and industry rank for Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable or its related term are showing as below:

BJSE:920057' s Days Payable Range Over the Past 10 Years
Min: 125.82   Med: 158.66   Max: 177.96
Current: 126.49

During the past 7 years, Xuzhou Zm-Besta Heavy Steel Structure Co's highest Days Payable was 177.96. The lowest was 125.82. And the median was 158.66.

BJSE:920057's Days Payable is ranked better than
88.94% of 597 companies
in the Steel industry
Industry Median: 42.69 vs BJSE:920057: 126.49

Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable increased from Jun. 2025 (85.52) to Jun. 2026 (107.80). It may suggest that Xuzhou Zm-Besta Heavy Steel Structure Co delayed paying its suppliers.


Xuzhou Zm-Besta Heavy Steel Structure Co Days Payable Related Terms


Xuzhou Zm-Besta Heavy Steel Structure Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xuzhou Zm-Besta Heavy Steel Structure Co'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.

Xuzhou Zm-Besta Heavy Steel Structure Co Days Payable Chart

Xuzhou Zm-Besta Heavy Steel Structure Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 154.44 158.41 157.29 166.19 124.69

Xuzhou Zm-Besta Heavy Steel Structure Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 85.52 138.66 93.34 182.58 107.80

BJSE:920057 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Xuzhou Zm-Besta Heavy Steel Structure 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.


Xuzhou Zm-Besta Heavy Steel Structure Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable falls into.


BJSE:920057
65GF Score
Xuzhou Zm-Besta Heavy Steel Structure Co Ltd BJSE:920057
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xuzhou Zm-Besta Heavy Steel Structure 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.

Xuzhou Zm-Besta Heavy Steel Structure Co'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
=( (395.11008905 + 539.34698034) / 2 ) / 1367.75037607*365
=467.228534695 / 1367.75037607*365
=124.69

Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (456.35203898 + 549.71754) / 2 ) / 425.798240805*365 / 4
=503.03478949 / 425.798240805*365 / 4
=107.80

* 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 107.80 mean?
Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:920057) has a Days Payable of 107.80 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 Xuzhou Zm-Besta Heavy Steel Structure Co and its competitors. This is 32% below median its historical median of 158.66. Over the past decade, Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable has ranged from 125.82 to 177.96. According to the industry distribution chart, Xuzhou Zm-Besta Heavy Steel Structure Co ranks #66 out of 597 companies in the Steel industry, placing it in the top 11.1%.
Is Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable too high?
Xuzhou Zm-Besta Heavy Steel Structure Co's current Days Payable of 107.80 is 32% below median its 10-year median of 158.66. Over the past 10 years, this metric has ranged from a low of 125.82 to a high of 177.96. The Steel industry median Days Payable is 42.69. Xuzhou Zm-Besta Heavy Steel Structure Co's value of 107.80 is 152.5% above this industry median. Based on the distribution chart, Xuzhou Zm-Besta Heavy Steel Structure Co ranks #66 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Xuzhou Zm-Besta Heavy Steel Structure Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xuzhou Zm-Besta Heavy Steel Structure Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Xuzhou Zm-Besta Heavy Steel Structure Co ranks #66 out of 597 companies for Days Payable. This places Xuzhou Zm-Besta Heavy Steel Structure Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 42.69. Xuzhou Zm-Besta Heavy Steel Structure Co's value of 107.80 is 152.5% above this benchmark. Historically, Xuzhou Zm-Besta Heavy Steel Structure Co's own Days Payable has ranged from 125.82 to 177.96 over the past decade. While the company's 10-year median is 158.66 vs. the industry median of 42.69, Xuzhou Zm-Besta Heavy Steel Structure 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 Steel company?
The median Days Payable among Steel companies is 42.69, based on 597 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. Xuzhou Zm-Besta Heavy Steel Structure Co's current Days Payable of 107.80 is 152.5% 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 Xuzhou Zm-Besta Heavy Steel Structure Co and its competitors. For the Steel industry, the median Days Payable is 42.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xuzhou Zm-Besta Heavy Steel Structure Co's current Days Payable is 107.80, which is 32% below median its own 10-year median of 158.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuzhou Zm-Besta Heavy Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:920057) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.78, compared to a current price of ¥4.70 — trading 18.7% below its estimated fair value. The current Days Payable is 107.80, which is 32% below median its 10-year median of 158.66 and 152.5% above the Steel industry median of 42.69. Xuzhou Zm-Besta Heavy Steel Structure Co's overall GF Score™ is 65/100 with 9 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 Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:920057), the current Days Payable is 107.80 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 Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:920057) Overvalued in 2026?

Based on GuruFocus' analysis, Xuzhou Zm-Besta Heavy Steel Structure Co stock appears to be undervalued. The current stock price of ¥4.70 is trading 18.7% below its estimated GF Value™ of ¥5.78. GuruFocus considers Xuzhou Zm-Besta Heavy Steel Structure Co to be Modestly Undervalued.

Key valuation signals for BJSE:920057:

  • Days Payable: 107.80 (32% below median its 10-year median of 158.66)
  • GF Value™: ¥5.78 vs. price of ¥4.70 (18.7% below fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 152.5% above the Steel median (#66 of 597)

No single metric tells the full story. See the BJSE:920057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xuzhou Zm-Besta Heavy Steel Structure Co Business Description

Address North of Huanghe Road and west of Beizong 1st Road, In the Third Industrial Park, Tongshan New District, Jiangsu Province, Xuzhou City, CHN, 221116
Xuzhou Zm-Besta Heavy Steel Structure Co Ltd engages in the manufacture and processing of steel structure products such as heavy steel structures, light steel structures, steel grid frames, steel trusses, non-standard equipment, PC components, and lightweight high-strength new interior and exterior wall panels for prefabricated steel structure buildings, and provide customers with integrated solutions for industrial steel structure buildings and prefabricated steel structure.
65GF Score

Get the complete analysis for BJSE:920057

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

¥4.70
Price
¥5.78
GF Value