Wuchan Zhongda Group Co (SHSE:600704) Days Payable: 28.18 (As of Mar. 2026) — 35% Above Median


SHSE:600704 Wuchan Zhongda Group Co Ltd SHSE:600704
71 GF Score
Price ¥4.73
GF Value ¥5.33
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wuchan Zhongda Group Co Days Payable?

Wuchan Zhongda Group Co SHSE:600704 -0.42% 71 Days Payable is 28.18 as of Mar. 2026, which is 35% above its 10-year median of 20.88. GuruFocus rates SHSE:600704 with a GF Score™ of 71/100 and a GF Value™ of ¥5.33 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 508 Conglomerates companies, Wuchan Zhongda Group Co ranks worse than 86.61% on this metric.

Wuchan Zhongda Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥40,050 Mil. Wuchan Zhongda Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥129,690 Mil. Hence, Wuchan Zhongda Group Co's Days Payable for the three months ended in Mar. 2026 was 28.18.

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

SHSE:600704' s Days Payable Range Over the Past 10 Years
Min: 16.09   Med: 20.88   Max: 27.85
Current: 25.73

During the past 13 years, Wuchan Zhongda Group Co's highest Days Payable was 27.85. The lowest was 16.09. And the median was 20.88.

SHSE:600704's Days Payable is ranked worse than
86.61% of 508 companies
in the Conglomerates industry
Industry Median: 55.855 vs SHSE:600704: 25.73

Wuchan Zhongda Group Co's Days Payable increased from Mar. 2025 (26.08) to Mar. 2026 (28.18). It may suggest that Wuchan Zhongda Group Co delayed paying its suppliers.


Wuchan Zhongda Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wuchan Zhongda 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.

Wuchan Zhongda Group Co Days Payable Chart

Wuchan Zhongda 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 16.09 18.17 20.05 20.36 22.22

Wuchan Zhongda 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 26.08 24.18 27.69 23.19 28.18

SHSE:600704 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Wuchan Zhongda 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.


Wuchan Zhongda Group Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wuchan Zhongda Group Co's Days Payable distribution charts can be found below:

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


SHSE:600704
71GF Score
Wuchan Zhongda Group Co Ltd SHSE:600704
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wuchan Zhongda 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.

Wuchan Zhongda 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
=( (34263.239 + 36677.083) / 2 ) / 582770.762*365
=35470.161 / 582770.762*365
=22.22

Wuchan Zhongda 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
=( (36677.083 + 43423.059) / 2 ) / 129689.723*365 / 4
=40050.071 / 129689.723*365 / 4
=28.18

* 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 28.18 mean?
Wuchan Zhongda Group Co (SHSE:600704) has a Days Payable of 28.18 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 Wuchan Zhongda Group Co and its competitors. This is 35% above median its historical median of 20.88. Over the past decade, Wuchan Zhongda Group Co's Days Payable has ranged from 16.09 to 27.85. According to the industry distribution chart, Wuchan Zhongda Group Co ranks #440 out of 508 companies in the Conglomerates industry, placing it in the top 86.6%.
Is Wuchan Zhongda Group Co's Days Payable too high?
Wuchan Zhongda Group Co's current Days Payable of 28.18 is 35% above median its 10-year median of 20.88. Over the past 10 years, this metric has ranged from a low of 16.09 to a high of 27.85. The Conglomerates industry median Days Payable is 55.86. Wuchan Zhongda Group Co's value of 28.18 is 49.5% below this industry median. Based on the distribution chart, Wuchan Zhongda Group Co ranks #440 out of 508 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Wuchan Zhongda Group Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wuchan Zhongda Group Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Wuchan Zhongda Group Co ranks #440 out of 508 companies for Days Payable. This places Wuchan Zhongda Group Co in the lower half of its industry. The industry median Days Payable is 55.86. Wuchan Zhongda Group Co's value of 28.18 is 49.5% below this benchmark. Historically, Wuchan Zhongda Group Co's own Days Payable has ranged from 16.09 to 27.85 over the past decade. While the company's 10-year median is 20.88 vs. the industry median of 55.86, Wuchan Zhongda 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 508 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. Wuchan Zhongda Group Co's current Days Payable of 28.18 is 49.5% 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 Wuchan Zhongda Group Co and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuchan Zhongda Group Co's current Days Payable is 28.18, which is 35% above median its own 10-year median of 20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuchan Zhongda Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wuchan Zhongda Group Co (SHSE:600704) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.33, compared to a current price of ¥4.73 — trading 11.3% below its estimated fair value. The current Days Payable is 28.18, which is 35% above median its 10-year median of 20.88 and 49.5% below the Conglomerates industry median of 55.86. Wuchan Zhongda Group Co's overall GF Score™ is 71/100 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 Wuchan Zhongda Group Co (SHSE:600704), the current Days Payable is 28.18 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 Wuchan Zhongda Group Co (SHSE:600704) Overvalued in 2026?

Based on GuruFocus' analysis, Wuchan Zhongda Group Co stock appears to be undervalued. The current stock price of ¥4.73 is trading 11.3% below its estimated GF Value™ of ¥5.33. GuruFocus considers Wuchan Zhongda Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600704:

  • Days Payable: 28.18 (35% above median its 10-year median of 20.88)
  • GF Value™: ¥5.33 vs. price of ¥4.73 (11.3% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 49.5% below the Conglomerates median (#440 of 508)

No single metric tells the full story. See the SHSE:600704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wuchan Zhongda Group Co Business Description

Address No. 56, West Huancheng Road, Zhejiang, Hangzhou, CHN, 310006
Wuchan Zhongda Group Co Ltd is engaged in industrial investment, equity investment, asset management, investment management, management consulting, information consulting services. It is also engaged in car sales and leasing, e-commerce technology services, used car transactions and services.
71GF Score

Get the complete analysis for SHSE:600704

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

¥4.73
Price
¥5.33
GF Value