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What is Zhejiang China Commodities City Group Co Days Payable?
Zhejiang China Commodities City Group CoSHSE:600415 +1.72%72 Days Payable is 41.46 as of Jun. 2026, which is 28% below its 10-year median of 57.82. GuruFocus rates SHSE:600415 with a GF Score™ of 72/100 and a GF Value™ of ¥19.50 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Zhejiang China Commodities City Group Co ranks worse than 66.99% on this metric.
SHSE:600415's Days Payable is ranked worse than 66.99% of 1027
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08
vs SHSE:600415: 36.42
* 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 China Commodities City Group Co Days Payable Chart
Zhejiang China Commodities City Group Co Annual Data
SHSE:600415 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Zhejiang China Commodities City 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 China Commodities City Group Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang China Commodities City Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang China Commodities City Group Co's Days Payable falls into.
Zhejiang China Commodities City 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 China Commodities City Group Co (SHSE:600415) has a Days Payable of 41.46 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhejiang China Commodities City Group Co and its competitors. This is 28% below median its historical median of 57.82. Over the past decade, Zhejiang China Commodities City Group Co's Days Payable has ranged from 36.42 to 148.70. According to the industry distribution chart, Zhejiang China Commodities City Group Co ranks #688 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67%.
Is Zhejiang China Commodities City Group Co's Days Payable too high?
Zhejiang China Commodities City Group Co's current Days Payable of 41.46 is 28% below median its 10-year median of 57.82. Over the past 10 years, this metric has ranged from a low of 36.42 to a high of 148.70. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Zhejiang China Commodities City Group Co's value of 41.46 is 21.9% below this industry median. Based on the distribution chart, Zhejiang China Commodities City Group Co ranks #688 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang China Commodities City Group Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang China Commodities City Group Co's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang China Commodities City Group Co ranks #688 out of 1027 companies for Days Payable. This places Zhejiang China Commodities City Group Co in the lower half of its industry. The industry median Days Payable is 53.08. Zhejiang China Commodities City Group Co's value of 41.46 is 21.9% below this benchmark. Historically, Zhejiang China Commodities City Group Co's own Days Payable has ranged from 36.42 to 148.70 over the past decade. While the company's 10-year median is 57.82 vs. the industry median of 53.08, Zhejiang China Commodities City Group Co has consistently been below 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 53.08, based on 1,027 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 China Commodities City Group Co's current Days Payable of 41.46 is 21.9% below 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 China Commodities City Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang China Commodities City Group Co's current Days Payable is 41.46, which is 28% below median its own 10-year median of 57.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang China Commodities City Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang China Commodities City Group Co (SHSE:600415) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥19.50, compared to a current price of ¥11.82 — trading 39.4% below its estimated fair value. The current Days Payable is 41.46, which is 28% below median its 10-year median of 57.82 and 21.9% below the Manufacturing - Apparel & Accessories industry median of 53.08. Zhejiang China Commodities City Group Co's overall GF Score™ is 72/100 with 1 warning sign 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 China Commodities City Group Co (SHSE:600415), the current Days Payable is 41.46 as of Jun. 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 China Commodities City Group Co (SHSE:600415) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang China Commodities City Group Co stock appears to be undervalued.
The current stock price of ¥11.82 is trading 39.4% below its estimated GF Value™ of ¥19.50.
GuruFocus considers Zhejiang China Commodities City Group Co to be Significantly Undervalued.
Key valuation signals for SHSE:600415:
Days Payable: 41.46 (28% below median its 10-year median of 57.82)
GF Value™: ¥19.50 vs. price of ¥11.82 (39.4% below fair value)
Industry Position: 21.9% below the Manufacturing - Apparel & Accessories median (#688 of 1027)
No single metric tells the full story. See the SHSE:600415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang China Commodities City Group Co Ltd is engaged in the construction and operation of commodities trading platforms in China. The company's activities include the market network operation, real estate development and sales, hotel services, commodity sales, exhibition, and advertising services. etc.
72GF Score
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