Zhejiang Longsheng Group CoSHSE:600352 -1.06%64 Days Payable is 139.31 as of Mar. 2026, which is 21% above its 10-year median of 114.76. GuruFocus rates SHSE:600352 with a GF Score™ of 64/100 and a GF Value™ of ¥9.72 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,550 Chemicals companies, Zhejiang Longsheng Group Co ranks better than 87.16% on this metric.
* 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.
SHSE:600352 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Zhejiang Longsheng 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 Longsheng Group Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Longsheng Group Co's Days Payable falls into.
Zhejiang Longsheng 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.
* 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 Longsheng Group Co (SHSE:600352) has a Days Payable of 139.31 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 Longsheng Group Co and its competitors. This is 21% above median its historical median of 114.76. Over the past decade, Zhejiang Longsheng Group Co's Days Payable has ranged from 70.41 to 151.10. According to the industry distribution chart, Zhejiang Longsheng Group Co ranks #199 out of 1550 companies in the Chemicals industry, placing it in the top 12.8%.
Is Zhejiang Longsheng Group Co's Days Payable too high?
Zhejiang Longsheng Group Co's current Days Payable of 139.31 is 21% above median its 10-year median of 114.76. Over the past 10 years, this metric has ranged from a low of 70.41 to a high of 151.10. The Chemicals industry median Days Payable is 59.80. Zhejiang Longsheng Group Co's value of 139.31 is 133% above this industry median. Based on the distribution chart, Zhejiang Longsheng Group Co ranks #199 out of 1550 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Longsheng Group Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Longsheng Group Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Longsheng Group Co ranks #199 out of 1550 companies for Days Payable. This places Zhejiang Longsheng Group Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.80. Zhejiang Longsheng Group Co's value of 139.31 is 133% above this benchmark. Historically, Zhejiang Longsheng Group Co's own Days Payable has ranged from 70.41 to 151.10 over the past decade. While the company's 10-year median is 114.76 vs. the industry median of 59.80, Zhejiang Longsheng 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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 Longsheng Group Co's current Days Payable of 139.31 is 133% 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 Longsheng Group Co and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Longsheng Group Co's current Days Payable is 139.31, which is 21% above median its own 10-year median of 114.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Longsheng Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co (SHSE:600352) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.72, compared to a current price of ¥12.08 — trading 24.3% above its estimated fair value. The current Days Payable is 139.31, which is 21% above median its 10-year median of 114.76 and 133% above the Chemicals industry median of 59.80. Zhejiang Longsheng Group Co's overall GF Score™ is 64/100 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 Longsheng Group Co (SHSE:600352), the current Days Payable is 139.31 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 Longsheng Group Co (SHSE:600352) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co stock appears to be overvalued.
The current stock price of ¥12.08 is trading 24.3% above its estimated GF Value™ of ¥9.72.
GuruFocus considers Zhejiang Longsheng Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600352:
Days Payable: 139.31 (21% above median its 10-year median of 114.76)
GF Value™: ¥9.72 vs. price of ¥12.08 (24.3% above fair value)
Industry Position: 133% above the Chemicals median (#199 of 1550)
No single metric tells the full story. See the SHSE:600352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. The Dye (Except for Dystar) segment focuses on manufacturing dyes used in textile printing and dyeing processes. The Intermediate segment is involved in the production of meta-phenylenediamine and resorcinol, which are mainly applied in the manufacturing of dyes, aramid fibers, resorcinol derivatives, meta aminophenol, rubber adhesives, synthetic resins, and other related materials. The Dystar segment is dedicated to producing fuels and additives utilized in textile printing and dyeing applications. In addition, the company conducts operations through the Inorganic Chemical, Real Estate, Auto Parts, and Others segments.
64GF Score
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