Zhejiang Yankon Group Co (SHSE:600261) Days Payable: 198.71 (As of Mar. 2026) — 19% Above Median


SHSE:600261 Zhejiang Yankon Group Co Ltd SHSE:600261
68 GF Score
Price ¥2.96
GF Value ¥3.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Zhejiang Yankon Group Co Days Payable?

Zhejiang Yankon Group Co SHSE:600261 -1.99% 68 Days Payable is 198.71 as of Mar. 2026, which is 19% above its 10-year median of 167.45. GuruFocus rates SHSE:600261 with a GF Score™ of 68/100 and a GF Value™ of ¥3.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, Zhejiang Yankon Group Co ranks better than 83.66% on this metric.

Zhejiang Yankon Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥949 Mil. Zhejiang Yankon Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥436 Mil. Hence, Zhejiang Yankon Group Co's Days Payable for the three months ended in Mar. 2026 was 198.71.

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

SHSE:600261' s Days Payable Range Over the Past 10 Years
Min: 156.94   Med: 167.45   Max: 198.86
Current: 184.07

During the past 13 years, Zhejiang Yankon Group Co's highest Days Payable was 198.86. The lowest was 156.94. And the median was 167.45.

SHSE:600261's Days Payable is ranked better than
83.66% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:600261: 184.07

Zhejiang Yankon Group Co's Days Payable increased from Mar. 2025 (192.73) to Mar. 2026 (198.71). It may suggest that Zhejiang Yankon Group Co delayed paying its suppliers.


Zhejiang Yankon Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Yankon Group 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 Yankon Group Co Days Payable Chart

Zhejiang Yankon Group 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 171.19 170.52 178.69 165.71 198.86

Zhejiang Yankon Group 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 192.73 188.74 181.36 165.47 198.71

SHSE:600261 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Zhejiang Yankon Group 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 Yankon Group Co Days Payable vs Industrial Products Industry

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

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


SHSE:600261
68GF Score
Zhejiang Yankon Group Co Ltd SHSE:600261
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Yankon Group 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 Yankon Group 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
=( (1007.978 + 932.855) / 2 ) / 1781.16*365
=970.4165 / 1781.16*365
=198.86

Zhejiang Yankon Group 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
=( (932.855 + 965.482) / 2 ) / 435.875*365 / 4
=949.1685 / 435.875*365 / 4
=198.71

* 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 198.71 mean?
Zhejiang Yankon Group Co (SHSE:600261) has a Days Payable of 198.71 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 Yankon Group Co and its competitors. This is 19% above median its historical median of 167.45. Over the past decade, Zhejiang Yankon Group Co's Days Payable has ranged from 156.94 to 198.86. According to the industry distribution chart, Zhejiang Yankon Group Co ranks #488 out of 2986 companies in the Industrial Products industry, placing it in the top 16.3%.
Is Zhejiang Yankon Group Co's Days Payable too high?
Zhejiang Yankon Group Co's current Days Payable of 198.71 is 19% above median its 10-year median of 167.45. Over the past 10 years, this metric has ranged from a low of 156.94 to a high of 198.86. The Industrial Products industry median Days Payable is 78.07. Zhejiang Yankon Group Co's value of 198.71 is 154.5% above this industry median. Based on the distribution chart, Zhejiang Yankon Group Co ranks #488 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Yankon Group Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yankon Group Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Yankon Group Co ranks #488 out of 2986 companies for Days Payable. This places Zhejiang Yankon Group Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Zhejiang Yankon Group Co's value of 198.71 is 154.5% above this benchmark. Historically, Zhejiang Yankon Group Co's own Days Payable has ranged from 156.94 to 198.86 over the past decade. While the company's 10-year median is 167.45 vs. the industry median of 78.07, Zhejiang Yankon Group 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 78.07, based on 2,986 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 Yankon Group Co's current Days Payable of 198.71 is 154.5% 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 Zhejiang Yankon Group Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Yankon Group Co's current Days Payable is 198.71, which is 19% above median its own 10-year median of 167.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Yankon Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Yankon Group Co (SHSE:600261) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.52, compared to a current price of ¥2.96 — trading 15.9% below its estimated fair value. The current Days Payable is 198.71, which is 19% above median its 10-year median of 167.45 and 154.5% above the Industrial Products industry median of 78.07. Zhejiang Yankon Group Co's overall GF Score™ is 68/100 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 Yankon Group Co (SHSE:600261), the current Days Payable is 198.71 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 Yankon Group Co (SHSE:600261) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Yankon Group Co stock appears to be undervalued. The current stock price of ¥2.96 is trading 15.9% below its estimated GF Value™ of ¥3.52. GuruFocus considers Zhejiang Yankon Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600261:

  • Days Payable: 198.71 (19% above median its 10-year median of 167.45)
  • GF Value™: ¥3.52 vs. price of ¥2.96 (15.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 154.5% above the Industrial Products median (#488 of 2986)

No single metric tells the full story. See the SHSE:600261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Yankon Group Co Business Description

Address No. 568, Cao'e Street, West Section of Renmin Avenue, Shangyu District, Zhejiang province, Shangyu, CHN, 312300
Zhejiang Yankon Group Co Ltd is engaged in the development, manufacture, and distribution of lighting appliances. It generally offers intelligent lighting, home lighting, commercial and outdoor lighting. Geographically the activities are carried out through China.
68GF Score

Get the complete analysis for SHSE:600261

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

¥2.96
Price
¥3.52
GF Value