Zhejiang China Light & Textile Industrial City Group Co (SHSE:600790) Days Payable: 215.90 (As of Jun. 2026) — 164% Above Median

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SHSE:600790 Zhejiang China Light & Textile Industrial City Group Co Ltd SHSE:600790
60 GF Score
Price ¥3.45
GF Value ¥3.17
Valuation Fairly Valued
! 8 Warning Signs
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What is Zhejiang China Light & Textile Industrial City Group Co Days Payable?

Zhejiang China Light & Textile Industrial City Group Co SHSE:600790 +1.47% 60 Days Payable is 215.90 as of Jun. 2026, which is 164% above its 10-year median of 81.67. GuruFocus rates SHSE:600790 with a GF Score™ of 60/100 and a GF Value™ of ¥3.17 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,575 Real Estate companies, Zhejiang China Light & Textile Industrial City Group Co ranks better than 74.16% on this metric.

Zhejiang China Light & Textile Industrial City Group Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥400.4 Mil. Zhejiang China Light & Textile Industrial City Group Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥169.2 Mil. Hence, Zhejiang China Light & Textile Industrial City Group Co's Days Payable for the three months ended in Jun. 2026 was 215.90.

The historical rank and industry rank for Zhejiang China Light & Textile Industrial City Group Co's Days Payable or its related term are showing as below:

SHSE:600790' s Days Payable Range Over the Past 10 Years
Min: 44.9   Med: 81.67   Max: 331.57
Current: 230.47

During the past 13 years, Zhejiang China Light & Textile Industrial City Group Co's highest Days Payable was 331.57. The lowest was 44.90. And the median was 81.67.

SHSE:600790's Days Payable is ranked better than
74.16% of 1575 companies
in the Real Estate industry
Industry Median: 95.33 vs SHSE:600790: 230.47

Zhejiang China Light & Textile Industrial City Group Co's Days Payable declined from Jun. 2025 (294.24) to Jun. 2026 (215.90). It may suggest that Zhejiang China Light & Textile Industrial City Group Co accelerated paying its suppliers.


Zhejiang China Light & Textile Industrial City Group Co Days Payable Related Terms


Zhejiang China Light & Textile Industrial City Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang China Light & Textile Industrial City 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 China Light & Textile Industrial City Group Co Days Payable Chart

Zhejiang China Light & Textile Industrial City 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 44.96 44.90 77.92 259.51 331.57

Zhejiang China Light & Textile Industrial City Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 294.24 240.48 215.31 234.92 215.90

SHSE:600790 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Zhejiang China Light & Textile Industrial 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 Light & Textile Industrial City Group Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhejiang China Light & Textile Industrial City Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang China Light & Textile Industrial City Group Co's Days Payable falls into.


SHSE:600790
60GF Score
Zhejiang China Light & Textile Industrial City Group Co Ltd SHSE:600790
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang China Light & Textile Industrial 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.

Zhejiang China Light & Textile Industrial City 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
=( (624.402 + 467.604) / 2 ) / 601.049*365
=546.003 / 601.049*365
=331.57

Zhejiang China Light & Textile Industrial City Group Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (357.225 + 443.538) / 2 ) / 169.218*365 / 4
=400.3815 / 169.218*365 / 4
=215.90

* 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 215.90 mean?
Zhejiang China Light & Textile Industrial City Group Co (SHSE:600790) has a Days Payable of 215.90 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 Light & Textile Industrial City Group Co and its competitors. This is 164% above median its historical median of 81.67. Over the past decade, Zhejiang China Light & Textile Industrial City Group Co's Days Payable has ranged from 44.90 to 331.57. According to the industry distribution chart, Zhejiang China Light & Textile Industrial City Group Co ranks #407 out of 1575 companies in the Real Estate industry, placing it in the top 25.8%.
Is Zhejiang China Light & Textile Industrial City Group Co's Days Payable too high?
Zhejiang China Light & Textile Industrial City Group Co's current Days Payable of 215.90 is 164% above median its 10-year median of 81.67. Over the past 10 years, this metric has ranged from a low of 44.90 to a high of 331.57. The Real Estate industry median Days Payable is 95.33. Zhejiang China Light & Textile Industrial City Group Co's value of 215.90 is 126.5% above this industry median. Based on the distribution chart, Zhejiang China Light & Textile Industrial City Group Co ranks #407 out of 1575 companies in the Real Estate industry, which is above the industry midpoint. Overall, Zhejiang China Light & Textile Industrial City Group Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang China Light & Textile Industrial City Group Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Zhejiang China Light & Textile Industrial City Group Co ranks #407 out of 1575 companies for Days Payable. This puts Zhejiang China Light & Textile Industrial City Group Co in the upper half of its industry. The industry median Days Payable is 95.33. Zhejiang China Light & Textile Industrial City Group Co's value of 215.90 is 126.5% above this benchmark. Historically, Zhejiang China Light & Textile Industrial City Group Co's own Days Payable has ranged from 44.90 to 331.57 over the past decade. While the company's 10-year median is 81.67 vs. the industry median of 95.33, Zhejiang China Light & Textile Industrial City 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 Real Estate company?
The median Days Payable among Real Estate companies is 95.33, based on 1,575 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 Light & Textile Industrial City Group Co's current Days Payable of 215.90 is 126.5% 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 China Light & Textile Industrial City Group Co and its competitors. For the Real Estate industry, the median Days Payable is 95.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang China Light & Textile Industrial City Group Co's current Days Payable is 215.90, which is 164% above median its own 10-year median of 81.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang China Light & Textile Industrial City Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang China Light & Textile Industrial City Group Co (SHSE:600790) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.17, compared to a current price of ¥3.45 — trading 8.8% above its estimated fair value. The current Days Payable is 215.90, which is 164% above median its 10-year median of 81.67 and 126.5% above the Real Estate industry median of 95.33. Zhejiang China Light & Textile Industrial City Group Co's overall GF Score™ is 60/100 with 8 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 China Light & Textile Industrial City Group Co (SHSE:600790), the current Days Payable is 215.90 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 Light & Textile Industrial City Group Co (SHSE:600790) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang China Light & Textile Industrial City Group Co stock appears to be overvalued. The current stock price of ¥3.45 is trading 8.8% above its estimated GF Value™ of ¥3.17. GuruFocus considers Zhejiang China Light & Textile Industrial City Group Co to be Fairly Valued.

Key valuation signals for SHSE:600790:

  • Days Payable: 215.90 (164% above median its 10-year median of 81.67)
  • GF Value™: ¥3.17 vs. price of ¥3.45 (8.8% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 126.5% above the Real Estate median (#407 of 1575)

No single metric tells the full story. See the SHSE:600790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang China Light & Textile Industrial City Group Co Business Description

Address No.1, Jianhu Road, Zhongguang Building, Keqiao district, Zhejiang, Shaoxing, CHN, 312030
Zhejiang China Light & Textile Industrial City Group Co Ltd is a China-based company engaged in market development and construction, market leasing, property management, warehousing, transportation services, labor services, textile materials and chemical raw materials. Its main businesses include managing market activities, logistics, financial, e-commerce and training center.
60GF Score

Get the complete analysis for SHSE:600790

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

¥3.45
Price
¥3.17
GF Value