Zhejiang Golden Eagle CoSHSE:600232 +1.43%72 Days Payable is 158.82 as of Mar. 2026, which is 39% above its 10-year median of 114.42. GuruFocus rates SHSE:600232 with a GF Score™ of 72/100 and a GF Value™ of ¥6.84 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Zhejiang Golden Eagle Co ranks better than 81.5% on this metric.
The historical rank and industry rank for Zhejiang Golden Eagle Co's Days Payable or its related term are showing as below:
SHSE:600232'
s Days Payable Range Over the Past 10 Years
Min: 96.4 Med: 114.42 Max: 141.5
Current: 120.46
During the past 13 years, Zhejiang Golden Eagle Co's highest Days Payable was 141.50. The lowest was 96.40. And the median was 114.42.
SHSE:600232's Days Payable is ranked better than 81.5% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs SHSE:600232: 120.46
* 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 Golden Eagle Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Golden Eagle 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 Golden Eagle Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Golden Eagle Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Golden Eagle Co's Days Payable falls into.
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 Golden Eagle Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Golden Eagle Co (SHSE:600232) has a Days Payable of 158.82 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 Golden Eagle Co and its competitors. This is 39% above median its historical median of 114.42. Over the past decade, Zhejiang Golden Eagle Co's Days Payable has ranged from 96.40 to 141.50. According to the industry distribution chart, Zhejiang Golden Eagle Co ranks #188 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.5%.
Is Zhejiang Golden Eagle Co's Days Payable too high?
Zhejiang Golden Eagle Co's current Days Payable of 158.82 is 39% above median its 10-year median of 114.42. Over the past 10 years, this metric has ranged from a low of 96.40 to a high of 141.50. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Zhejiang Golden Eagle Co's value of 158.82 is 193.9% above this industry median. Based on the distribution chart, Zhejiang Golden Eagle Co ranks #188 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Golden Eagle Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Golden Eagle Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Golden Eagle Co ranks #188 out of 1016 companies for Days Payable. This places Zhejiang Golden Eagle Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Zhejiang Golden Eagle Co's value of 158.82 is 193.9% above this benchmark. Historically, Zhejiang Golden Eagle Co's own Days Payable has ranged from 96.40 to 141.50 over the past decade. While the company's 10-year median is 114.42 vs. the industry median of 54.05, Zhejiang Golden Eagle 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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 Golden Eagle Co's current Days Payable of 158.82 is 193.9% 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 Golden Eagle Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Golden Eagle Co's current Days Payable is 158.82, which is 39% above median its own 10-year median of 114.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Golden Eagle Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co (SHSE:600232) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.84, compared to a current price of ¥6.39 — trading 6.6% below its estimated fair value. The current Days Payable is 158.82, which is 39% above median its 10-year median of 114.42 and 193.9% above the Manufacturing - Apparel & Accessories industry median of 54.05. Zhejiang Golden Eagle Co's overall GF Score™ is 72/100 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 Golden Eagle Co (SHSE:600232), the current Days Payable is 158.82 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 Golden Eagle Co (SHSE:600232) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co stock appears to be undervalued.
The current stock price of ¥6.39 is trading 6.6% below its estimated GF Value™ of ¥6.84.
GuruFocus considers Zhejiang Golden Eagle Co to be Fairly Valued.
Key valuation signals for SHSE:600232:
Days Payable: 158.82 (39% above median its 10-year median of 114.42)
GF Value™: ¥6.84 vs. price of ¥6.39 (6.6% below fair value)
Industry Position: 193.9% above the Manufacturing - Apparel & Accessories median (#188 of 1016)
No single metric tells the full story. See the SHSE:600232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Golden Eagle Co Ltd is a Chinese company engaged in silk spinning, flax spinning, dyeing, and textile production. The company also manufactures textile equipment. The company generates the majority of its revenue from the Textile manufacturing business. The company also generates a small portion of revenue from the Battery material business.
72GF Score
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