Zhe Jiang Dong Ri Co (SHSE:600113) Days Payable: 179.48 (As of Mar. 2026) — 144% Above Median

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SHSE:600113 Zhe Jiang Dong Ri Ltd Co SHSE:600113
64 GF Score
Price ¥28.57
GF Value ¥10.91
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zhe Jiang Dong Ri Co Days Payable?

Zhe Jiang Dong Ri Co SHSE:600113 +2.40% 64 Days Payable is 179.48 as of Mar. 2026, which is 144% above its 10-year median of 73.59. GuruFocus rates SHSE:600113 with a GF Score™ of 64/100 and a GF Value™ of ¥10.91 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 303 Retail - Defensive companies, Zhe Jiang Dong Ri Co ranks better than 95.71% on this metric.

Zhe Jiang Dong Ri Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥214.5 Mil. Zhe Jiang Dong Ri Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥109.1 Mil. Hence, Zhe Jiang Dong Ri Co's Days Payable for the three months ended in Mar. 2026 was 179.48.

The historical rank and industry rank for Zhe Jiang Dong Ri Co's Days Payable or its related term are showing as below:

SHSE:600113' s Days Payable Range Over the Past 10 Years
Min: 12.64   Med: 73.59   Max: 244.13
Current: 186.58

During the past 13 years, Zhe Jiang Dong Ri Co's highest Days Payable was 244.13. The lowest was 12.64. And the median was 73.59.

SHSE:600113's Days Payable is ranked better than
95.71% of 303 companies
in the Retail - Defensive industry
Industry Median: 43.94 vs SHSE:600113: 186.58

Zhe Jiang Dong Ri Co's Days Payable declined from Mar. 2025 (232.22) to Mar. 2026 (179.48). It may suggest that Zhe Jiang Dong Ri Co accelerated paying its suppliers.


Zhe Jiang Dong Ri Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhe Jiang Dong Ri 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.

Zhe Jiang Dong Ri Co Days Payable Chart

Zhe Jiang Dong Ri 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 104.47 88.72 139.12 244.13 185.74

Zhe Jiang Dong Ri 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 232.22 206.80 232.24 145.86 179.48

SHSE:600113 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Zhe Jiang Dong Ri 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.


Zhe Jiang Dong Ri Co Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Zhe Jiang Dong Ri Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhe Jiang Dong Ri Co's Days Payable falls into.


SHSE:600113
64GF Score
Zhe Jiang Dong Ri Ltd Co SHSE:600113
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhe Jiang Dong Ri 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.

Zhe Jiang Dong Ri 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
=( (284.12 + 212.591) / 2 ) / 488.049*365
=248.3555 / 488.049*365
=185.74

Zhe Jiang Dong Ri 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
=( (212.591 + 216.503) / 2 ) / 109.078*365 / 4
=214.547 / 109.078*365 / 4
=179.48

* 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 179.48 mean?
Zhe Jiang Dong Ri Co (SHSE:600113) has a Days Payable of 179.48 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 Zhe Jiang Dong Ri Co and its competitors. This is 144% above median its historical median of 73.59. Over the past decade, Zhe Jiang Dong Ri Co's Days Payable has ranged from 12.64 to 244.13. According to the industry distribution chart, Zhe Jiang Dong Ri Co ranks #13 out of 303 companies in the Retail - Defensive industry, placing it in the top 4.3%.
Is Zhe Jiang Dong Ri Co's Days Payable too high?
Zhe Jiang Dong Ri Co's current Days Payable of 179.48 is 144% above median its 10-year median of 73.59. Over the past 10 years, this metric has ranged from a low of 12.64 to a high of 244.13. The Retail - Defensive industry median Days Payable is 43.94. Zhe Jiang Dong Ri Co's value of 179.48 is 308.5% above this industry median. Based on the distribution chart, Zhe Jiang Dong Ri Co ranks #13 out of 303 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Zhe Jiang Dong Ri Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhe Jiang Dong Ri Co's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Zhe Jiang Dong Ri Co ranks #13 out of 303 companies for Days Payable. This places Zhe Jiang Dong Ri Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.94. Zhe Jiang Dong Ri Co's value of 179.48 is 308.5% above this benchmark. Historically, Zhe Jiang Dong Ri Co's own Days Payable has ranged from 12.64 to 244.13 over the past decade. While the company's 10-year median is 73.59 vs. the industry median of 43.94, Zhe Jiang Dong Ri 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 303 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. Zhe Jiang Dong Ri Co's current Days Payable of 179.48 is 308.5% 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 Zhe Jiang Dong Ri Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhe Jiang Dong Ri Co's current Days Payable is 179.48, which is 144% above median its own 10-year median of 73.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhe Jiang Dong Ri Co stock overvalued right now?
Based on GuruFocus' analysis, Zhe Jiang Dong Ri Co (SHSE:600113) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.91, compared to a current price of ¥28.57 — trading 161.9% above its estimated fair value. The current Days Payable is 179.48, which is 144% above median its 10-year median of 73.59 and 308.5% above the Retail - Defensive industry median of 43.94. Zhe Jiang Dong Ri Co's overall GF Score™ is 64/100 with 5 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 Zhe Jiang Dong Ri Co (SHSE:600113), the current Days Payable is 179.48 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 Zhe Jiang Dong Ri Co (SHSE:600113) Overvalued in 2026?

Based on GuruFocus' analysis, Zhe Jiang Dong Ri Co stock appears to be overvalued. The current stock price of ¥28.57 is trading 161.9% above its estimated GF Value™ of ¥10.91. GuruFocus considers Zhe Jiang Dong Ri Co to be Significantly Overvalued.

Key valuation signals for SHSE:600113:

  • Days Payable: 179.48 (144% above median its 10-year median of 73.59)
  • GF Value™: ¥10.91 vs. price of ¥28.57 (161.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 308.5% above the Retail - Defensive median (#13 of 303)

No single metric tells the full story. See the SHSE:600113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhe Jiang Dong Ri Co Business Description

Address No. 168 Shifu Road, 12th Floor, Hezhong Building, Lucheng District, Zhejiang Province, Wenzhou, CHN, 325003
Zhe Jiang Dong Ri Ltd Co is a China-based company controlled by the state. The company's main business income mainly consists of three parts, which come from the wholesale trading market business of agricultural and sideline products (including market trading management and market leasing business), the distribution business of fresh food ingredients (side dish business) and the related business in the field of bean product production and processing.
64GF Score

Get the complete analysis for SHSE:600113

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

¥28.57
Price
¥10.91
GF Value