Zhejiang Fengan Gear Co (BJSE:920608) Days Payable: 49.45 (As of Mar. 2026) — Near Median

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BJSE:920608 Zhejiang Fengan Gear Co Ltd BJSE:920608
65 GF Score
Price ¥12.63
GF Value ¥14.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zhejiang Fengan Gear Co Days Payable?

Zhejiang Fengan Gear Co BJSE:920608 65 Days Payable is 49.45 as of Mar. 2026, which is 1% above its 10-year median of 48.92. GuruFocus rates BJSE:920608 with a GF Score™ of 65/100 and a GF Value™ of ¥14.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Zhejiang Fengan Gear Co ranks better than 57.58% on this metric.

Zhejiang Fengan Gear Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥16.1 Mil. Zhejiang Fengan Gear Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥29.6 Mil. Hence, Zhejiang Fengan Gear Co's Days Payable for the three months ended in Mar. 2026 was 49.45.

The historical rank and industry rank for Zhejiang Fengan Gear Co's Days Payable or its related term are showing as below:

BJSE:920608' s Days Payable Range Over the Past 10 Years
Min: 24.44   Med: 48.92   Max: 98.09
Current: 76.63

During the past 12 years, Zhejiang Fengan Gear Co's highest Days Payable was 98.09. The lowest was 24.44. And the median was 48.92.

BJSE:920608's Days Payable is ranked better than
57.58% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs BJSE:920608: 76.63

Zhejiang Fengan Gear Co's Days Payable declined from Mar. 2025 (82.01) to Mar. 2026 (49.45). It may suggest that Zhejiang Fengan Gear Co accelerated paying its suppliers.


Zhejiang Fengan Gear Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Fengan Gear 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.

Zhejiang Fengan Gear Co Days Payable Chart

Zhejiang Fengan Gear Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.90 64.08 98.09 77.11 83.71

Zhejiang Fengan Gear Co 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 82.01 102.66 113.70 62.66 49.45

BJSE:920608 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Zhejiang Fengan Gear 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.


Zhejiang Fengan Gear Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Fengan Gear Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Fengan Gear Co's Days Payable falls into.


BJSE:920608
65GF Score
Zhejiang Fengan Gear Co Ltd BJSE:920608
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Fengan Gear 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.

Zhejiang Fengan Gear 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
=( (27.694 + 16.874) / 2 ) / 97.165*365
=22.284 / 97.165*365
=83.71

Zhejiang Fengan Gear Co'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
=( (16.874 + 15.232) / 2 ) / 29.62*365 / 4
=16.053 / 29.62*365 / 4
=49.45

* 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 49.45 mean?
Zhejiang Fengan Gear Co (BJSE:920608) has a Days Payable of 49.45 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 Zhejiang Fengan Gear Co and its competitors. This is near median its historical median of 48.92. Over the past decade, Zhejiang Fengan Gear Co's Days Payable has ranged from 24.44 to 98.09. According to the industry distribution chart, Zhejiang Fengan Gear Co ranks #554 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 42.4%.
Is Zhejiang Fengan Gear Co's Days Payable too high?
Zhejiang Fengan Gear Co's current Days Payable of 49.45 is near median its 10-year median of 48.92. Over the past 10 years, this metric has ranged from a low of 24.44 to a high of 98.09. The Vehicles & Parts industry median Days Payable is 67.14. Zhejiang Fengan Gear Co's value of 49.45 is 26.3% below this industry median. Based on the distribution chart, Zhejiang Fengan Gear Co ranks #554 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Fengan Gear 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 Zhejiang Fengan Gear Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Fengan Gear Co ranks #554 out of 1306 companies for Days Payable. This puts Zhejiang Fengan Gear Co in the upper half of its industry. The industry median Days Payable is 67.14. Zhejiang Fengan Gear Co's value of 49.45 is 26.3% below this benchmark. Historically, Zhejiang Fengan Gear Co's own Days Payable has ranged from 24.44 to 98.09 over the past decade. While the company's 10-year median is 48.92 vs. the industry median of 67.14, Zhejiang Fengan Gear Co has consistently been below 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. Zhejiang Fengan Gear Co's current Days Payable of 49.45 is 26.3% below 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 Zhejiang Fengan Gear Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Fengan Gear Co's current Days Payable is 49.45, which is near median its own 10-year median of 48.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Fengan Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Fengan Gear Co (BJSE:920608) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.79, compared to a current price of ¥12.63 — trading 14.6% below its estimated fair value. The current Days Payable is 49.45, which is near median its 10-year median of 48.92 and 26.3% below the Vehicles & Parts industry median of 67.14. Zhejiang Fengan Gear Co's overall GF Score™ is 65/100 with 3 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 Zhejiang Fengan Gear Co (BJSE:920608), the current Days Payable is 49.45 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 Zhejiang Fengan Gear Co (BJSE:920608) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Fengan Gear Co stock appears to be undervalued. The current stock price of ¥12.63 is trading 14.6% below its estimated GF Value™ of ¥14.79. GuruFocus considers Zhejiang Fengan Gear Co to be Modestly Undervalued.

Key valuation signals for BJSE:920608:

  • Days Payable: 49.45 (near median its 10-year median of 48.92)
  • GF Value™: ¥14.79 vs. price of ¥12.63 (14.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 26.3% below the Vehicles & Parts median (#554 of 1306)

No single metric tells the full story. See the BJSE:920608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Fengan Gear Co Business Description

Address No. 618, Hengchang Avenue, Economic Development Zone, Pujiang County, Zhejiang Province, Hangzhou, CHN, 322200
Zhejiang Fengan Gear Co Ltd operates as a gear manufacturer integrating development, design, manufacturing, and sales services. It engages in research and development, production, and sales of various agricultural machinery gears. Its products comprise harvester gear, tractor gear, Rotary cultivator gear, Bevel gear, and Foreign trade products.
65GF Score

Get the complete analysis for BJSE:920608

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

¥12.63
Price
¥14.79
GF Value