FFFZ (Fuxing China Group) Days Payable: 18.91 (As of Jun. 2026) — 64% Below Median

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What is Fuxing China Group Days Payable?

Fuxing China Group FFFZ 33 Days Payable is 18.91 as of Jun. 2026, which is 64% below its 10-year median of 52.41. GuruFocus rates FFFZ with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Fuxing China Group ranks worse than 87.15% on this metric.

Fuxing China Group's average Accounts Payable for the six months ended in Jun. 2026 was $4.58 Mil. Fuxing China Group's Cost of Goods Sold for the six months ended in Jun. 2026 was $44.16 Mil. Hence, Fuxing China Group's Days Payable for the six months ended in Jun. 2026 was 18.91.

The historical rank and industry rank for Fuxing China Group's Days Payable or its related term are showing as below:

FFFZ' s Days Payable Range Over the Past 10 Years
Min: 7.19   Med: 52.41   Max: 67.29
Current: 18.53

During the past 13 years, Fuxing China Group's highest Days Payable was 67.29. The lowest was 7.19. And the median was 52.41.

FFFZ's Days Payable is ranked worse than
87.15% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08 vs FFFZ: 18.53

Fuxing China Group's Days Payable increased from Jun. 2025 (13.67) to Jun. 2026 (18.91). It may suggest that Fuxing China Group delayed paying its suppliers.


Fuxing China Group Days Payable Historical Data

* Premium members only.

The historical data trend for Fuxing China Group'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.

Fuxing China Group Days Payable Chart

Fuxing China Group 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 66.04 66.99 39.13 7.23 12.26

Fuxing China Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 Premium Member Only Premium Member Only 39.91 35.40 13.67 16.79 18.91

FFFZ vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Fuxing China Group'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.


Fuxing China Group Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fuxing China Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Fuxing China Group's Days Payable falls into.



Fuxing China Group 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.

Fuxing China Group'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
=( (2.13 + 3.809) / 2 ) / 88.431*365
=2.9695 / 88.431*365
=12.26

Fuxing China Group'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: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3.809 + 5.341) / 2 ) / 44.162*365 / 2
=4.575 / 44.162*365 / 2
=18.91

* 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 18.91 mean?
Fuxing China Group (FFFZ) has a Days Payable of 18.91 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 Fuxing China Group and its competitors. This is 64% below median its historical median of 52.41. Over the past decade, Fuxing China Group's Days Payable has ranged from 7.19 to 67.29. According to the industry distribution chart, Fuxing China Group ranks #895 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.1%.
Is Fuxing China Group's Days Payable too high?
Fuxing China Group's current Days Payable of 18.91 is 64% below median its 10-year median of 52.41. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 67.29. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Fuxing China Group's value of 18.91 is 64.4% below this industry median. Based on the distribution chart, Fuxing China Group ranks #895 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Fuxing China Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Fuxing China Group's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fuxing China Group ranks #895 out of 1027 companies for Days Payable. This places Fuxing China Group in the lower half of its industry. The industry median Days Payable is 53.08. Fuxing China Group's value of 18.91 is 64.4% below this benchmark. Historically, Fuxing China Group's own Days Payable has ranged from 7.19 to 67.29 over the past decade. While the company's 10-year median is 52.41 vs. the industry median of 53.08, Fuxing China Group 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.08, based on 1,027 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. Fuxing China Group's current Days Payable of 18.91 is 64.4% 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 Fuxing China Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuxing China Group's current Days Payable is 18.91, which is 64% below median its own 10-year median of 52.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuxing China Group stock overvalued right now?
Fuxing China Group (FFFZ) has a current Days Payable of 18.91. The current Days Payable is 18.91, which is 64% below median its 10-year median of 52.41 and 64.4% below the Manufacturing - Apparel & Accessories industry median of 53.08. Fuxing China Group's overall GF Score™ is 33/100 with 2 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 Fuxing China Group (FFFZ), the current Days Payable is 18.91 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.

Fuxing China Group Business Description

Other Exchanges AWK:Singapore3FU1:Germany
Address Hangbian Industry Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241
Fuxing China Group Ltd is an investment holding company. Through its subsidiary group is engaged in the production and sale of zipper sliders and zipper chains, provision of colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Group is also engaged in the trading of raw materials in Hong Kong. It has four segments: Sales of zipper chains and zipper sliders, Trading of textile raw and auxiliary materials, Zipper processing services, and Corporate. The group generates the majority of its revenue from Sales of zipper chains and zipper sliders, which include zipper chains consisting of two strips of fabric tapes, with parallel rows of specially shaped nylon, metal, or plastic teeth, and Others.