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* 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.
For the Conglomerates subindustry, Zhejiang Hengtong Holding 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 Hengtong Holding Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Zhejiang Hengtong Holding Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Hengtong Holding Co's Days Payable falls into.
Zhejiang Hengtong Holding 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.
* 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 Hengtong Holding Co (SHSE:600226) has a Days Payable of 86.04 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 Hengtong Holding Co and its competitors. This is near median its historical median of 85.09. Over the past decade, Zhejiang Hengtong Holding Co's Days Payable has ranged from 57.69 to 129.85. According to the industry distribution chart, Zhejiang Hengtong Holding Co ranks #166 out of 502 companies in the Conglomerates industry, placing it in the top 33.1%.
Is Zhejiang Hengtong Holding Co's Days Payable too high?
Zhejiang Hengtong Holding Co's current Days Payable of 86.04 is near median its 10-year median of 85.09. Over the past 10 years, this metric has ranged from a low of 57.69 to a high of 129.85. The Conglomerates industry median Days Payable is 55.72. Zhejiang Hengtong Holding Co's value of 86.04 is 54.4% above this industry median. Based on the distribution chart, Zhejiang Hengtong Holding Co ranks #166 out of 502 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Zhejiang Hengtong Holding Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Hengtong Holding Co's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zhejiang Hengtong Holding Co ranks #166 out of 502 companies for Days Payable. This puts Zhejiang Hengtong Holding Co in the upper half of its industry. The industry median Days Payable is 55.72. Zhejiang Hengtong Holding Co's value of 86.04 is 54.4% above this benchmark. Historically, Zhejiang Hengtong Holding Co's own Days Payable has ranged from 57.69 to 129.85 over the past decade. While the company's 10-year median is 85.09 vs. the industry median of 55.72, Zhejiang Hengtong Holding 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.72, based on 502 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 Hengtong Holding Co's current Days Payable of 86.04 is 54.4% 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 Hengtong Holding Co and its competitors. For the Conglomerates industry, the median Days Payable is 55.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Hengtong Holding Co's current Days Payable is 86.04, which is near median its own 10-year median of 85.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Hengtong Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Hengtong Holding Co (SHSE:600226) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.98, compared to a current price of ¥6.31 — trading 9.6% below its estimated fair value. The current Days Payable is 86.04, which is near median its 10-year median of 85.09 and 54.4% above the Conglomerates industry median of 55.72. Zhejiang Hengtong Holding Co's overall GF Score™ is 63/100 with 7 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 Hengtong Holding Co (SHSE:600226), the current Days Payable is 86.04 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 Hengtong Holding Co (SHSE:600226) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Hengtong Holding Co stock appears to be undervalued.
The current stock price of ¥6.31 is trading 9.6% below its estimated GF Value™ of ¥6.98.
GuruFocus considers Zhejiang Hengtong Holding Co to be Modestly Undervalued.
Key valuation signals for SHSE:600226:
Days Payable: 86.04 (near median its 10-year median of 85.09)
GF Value™: ¥6.98 vs. price of ¥6.31 (9.6% below fair value)
Industry Position: 54.4% above the Conglomerates median (#166 of 502)
No single metric tells the full story. See the SHSE:600226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Hengtong Holding Co Ltd is engaged in online game research, development, agency distribution, IP and source code cooperation, film and variety and other related businesses and production and sale of biological pesticides, veterinary drugs, feed additive products, and combined heat and power.
63GF Score
Get the complete analysis for SHSE:600226
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