Zhejiang Laifual Drive Co (HKSE:03952) Days Payable: 96.32 (As of Dec. 2025) — Near Median

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HKSE:03952 Zhejiang Laifual Drive Co Ltd HKSE:03952
5 GF Score
Price HK$51.50
! 4 Warning Signs
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What is Zhejiang Laifual Drive Co Days Payable?

Zhejiang Laifual Drive Co HKSE:03952 -8.20% 5 Days Payable is 96.32 as of Dec. 2025, which is 6% above its 10-year median of 90.65. GuruFocus rates HKSE:03952 with a GF Score™ of 5/100. The stock has 4 warning signs investors should review. Among 3,004 Industrial Products companies, Zhejiang Laifual Drive Co ranks better than 58.82% on this metric.

Zhejiang Laifual Drive Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$56.6 Mil. Zhejiang Laifual Drive Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$214.3 Mil. Hence, Zhejiang Laifual Drive Co's Days Payable for the six months ended in Dec. 2025 was 48.16.

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

HKSE:03952' s Days Payable Range Over the Past 10 Years
Min: 56.65   Med: 90.65   Max: 96.32
Current: 96.32

During the past 3 years, Zhejiang Laifual Drive Co's highest Days Payable was 96.32. The lowest was 56.65. And the median was 90.65.

HKSE:03952's Days Payable is ranked better than
58.82% of 3004 companies
in the Industrial Products industry
Industry Median: 78.565 vs HKSE:03952: 96.32

Zhejiang Laifual Drive Co's Days Payable increased from Dec. 2023 (56.65) to Dec. 2025 (96.32). It may suggest that Zhejiang Laifual Drive Co delayed paying its suppliers.


Zhejiang Laifual Drive Co Days Payable Historical Data

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The historical data trend for Zhejiang Laifual Drive 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 Laifual Drive Co Days Payable Chart

Zhejiang Laifual Drive Co Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
56.65 90.65 96.32

Zhejiang Laifual Drive Co Semi-Annual Data
Dec23 Dec24 Dec25
Days Payable 56.65 90.65 96.32

HKSE:03952 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Laifual Drive 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 Laifual Drive Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Laifual Drive Co's Days Payable distribution charts can be found below:

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


HKSE:03952
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Zhejiang Laifual Drive Co Ltd HKSE:03952
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Zhejiang Laifual Drive 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 Laifual Drive 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
=( (32.053 + 81.058) / 2 ) / 214.321*365
=56.5555 / 214.321*365
=96.32

Zhejiang Laifual Drive Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (32.053 + 81.058) / 2 ) / 214.321*365 / 2
=56.5555 / 214.321*365 / 2
=48.16

* 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 96.32 mean?
Zhejiang Laifual Drive Co (HKSE:03952) has a Days Payable of 96.32 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhejiang Laifual Drive Co and its competitors. This is near median its historical median of 90.65. Over the past decade, Zhejiang Laifual Drive Co's Days Payable has ranged from 56.65 to 96.32. According to the industry distribution chart, Zhejiang Laifual Drive Co ranks #1237 out of 3004 companies in the Industrial Products industry, placing it in the top 41.2%.
Is Zhejiang Laifual Drive Co's Days Payable too high?
Zhejiang Laifual Drive Co's current Days Payable of 96.32 is near median its 10-year median of 90.65. Over the past 10 years, this metric has ranged from a low of 56.65 to a high of 96.32. The Industrial Products industry median Days Payable is 78.57. Zhejiang Laifual Drive Co's value of 96.32 is 22.6% above this industry median. Based on the distribution chart, Zhejiang Laifual Drive Co ranks #1237 out of 3004 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Laifual Drive Co has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Laifual Drive Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Laifual Drive Co ranks #1237 out of 3004 companies for Days Payable. This puts Zhejiang Laifual Drive Co in the upper half of its industry. The industry median Days Payable is 78.57. Zhejiang Laifual Drive Co's value of 96.32 is 22.6% above this benchmark. Historically, Zhejiang Laifual Drive Co's own Days Payable has ranged from 56.65 to 96.32 over the past decade. While the company's 10-year median is 90.65 vs. the industry median of 78.57, Zhejiang Laifual Drive 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. Zhejiang Laifual Drive Co's current Days Payable of 96.32 is 22.6% 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 Zhejiang Laifual Drive 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. Zhejiang Laifual Drive Co's current Days Payable is 96.32, which is near median its own 10-year median of 90.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Laifual Drive Co stock overvalued right now?
Zhejiang Laifual Drive Co (HKSE:03952) has a current Days Payable of 96.32. The current Days Payable is 96.32, which is near median its 10-year median of 90.65 and 22.6% above the Industrial Products industry median of 78.57. Zhejiang Laifual Drive Co's overall GF Score™ is 5/100 with 4 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 Laifual Drive Co (HKSE:03952), the current Days Payable is 96.32 as of Dec. 2025. 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.

Zhejiang Laifual Drive Co Business Description

Zhejiang Laifual Drive Co Ltd is a provider of core components for robotic precision transmission in China. The company's product portfolio include harmonic reducers, joint modules and robotic arms to automated workstations. Its products are used in applications including humanoid robots and industrial robots. The company principally generates revenue from sales of harmonic reducers and other precision components, joint modules, robotic arms, and automated workstations products. Geographically, the maximum revenue is generated from the Chinese Mainland.
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HK$51.50
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