Gem-Year Industrial Co (SHSE:601002) Days Payable: 178.19 (As of Mar. 2026) — 42% Above Median

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SHSE:601002 Gem-Year Industrial Co Ltd SHSE:601002
64 GF Score
Price ¥4.70
GF Value ¥4.31
Valuation Fairly Valued
! 3 Warning Signs
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What is Gem-Year Industrial Co Days Payable?

Gem-Year Industrial Co SHSE:601002 -1.67% 64 Days Payable is 178.19 as of Mar. 2026, which is 42% above its 10-year median of 125.13. GuruFocus rates SHSE:601002 with a GF Score™ of 64/100 and a GF Value™ of ¥4.31 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Gem-Year Industrial Co ranks better than 76.09% on this metric.

Gem-Year Industrial Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥736 Mil. Gem-Year Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥377 Mil. Hence, Gem-Year Industrial Co's Days Payable for the three months ended in Mar. 2026 was 178.19.

The historical rank and industry rank for Gem-Year Industrial Co's Days Payable or its related term are showing as below:

SHSE:601002' s Days Payable Range Over the Past 10 Years
Min: 110.38   Med: 125.13   Max: 161
Current: 150.34

During the past 13 years, Gem-Year Industrial Co's highest Days Payable was 161.00. The lowest was 110.38. And the median was 125.13.

SHSE:601002's Days Payable is ranked better than
76.09% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:601002: 150.34

Gem-Year Industrial Co's Days Payable increased from Mar. 2025 (174.01) to Mar. 2026 (178.19). It may suggest that Gem-Year Industrial Co delayed paying its suppliers.


Gem-Year Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Gem-Year Industrial 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.

Gem-Year Industrial Co Days Payable Chart

Gem-Year Industrial 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 155.87 135.37 119.99 153.27 161.00

Gem-Year Industrial 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 174.01 136.89 138.72 132.15 178.19

SHSE:601002 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Gem-Year Industrial 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.


Gem-Year Industrial Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gem-Year Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gem-Year Industrial Co's Days Payable falls into.


SHSE:601002
64GF Score
Gem-Year Industrial Co Ltd SHSE:601002
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gem-Year Industrial 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.

Gem-Year Industrial 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
=( (848.371 + 690.866) / 2 ) / 1744.763*365
=769.6185 / 1744.763*365
=161.00

Gem-Year Industrial 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
=( (690.866 + 781.317) / 2 ) / 376.956*365 / 4
=736.0915 / 376.956*365 / 4
=178.19

* 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 178.19 mean?
Gem-Year Industrial Co (SHSE:601002) has a Days Payable of 178.19 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 Gem-Year Industrial Co and its competitors. This is 42% above median its historical median of 125.13. Over the past decade, Gem-Year Industrial Co's Days Payable has ranged from 110.38 to 161.00. According to the industry distribution chart, Gem-Year Industrial Co ranks #715 out of 2991 companies in the Industrial Products industry, placing it in the top 23.9%.
Is Gem-Year Industrial Co's Days Payable too high?
Gem-Year Industrial Co's current Days Payable of 178.19 is 42% above median its 10-year median of 125.13. Over the past 10 years, this metric has ranged from a low of 110.38 to a high of 161.00. The Industrial Products industry median Days Payable is 78.05. Gem-Year Industrial Co's value of 178.19 is 128.3% above this industry median. Based on the distribution chart, Gem-Year Industrial Co ranks #715 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Gem-Year Industrial Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gem-Year Industrial Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Gem-Year Industrial Co ranks #715 out of 2991 companies for Days Payable. This places Gem-Year Industrial Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Gem-Year Industrial Co's value of 178.19 is 128.3% above this benchmark. Historically, Gem-Year Industrial Co's own Days Payable has ranged from 110.38 to 161.00 over the past decade. While the company's 10-year median is 125.13 vs. the industry median of 78.05, Gem-Year Industrial 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 78.05, based on 2,991 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. Gem-Year Industrial Co's current Days Payable of 178.19 is 128.3% 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 Gem-Year Industrial Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gem-Year Industrial Co's current Days Payable is 178.19, which is 42% above median its own 10-year median of 125.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gem-Year Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Gem-Year Industrial Co (SHSE:601002) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.31, compared to a current price of ¥4.70 — trading 9% above its estimated fair value. The current Days Payable is 178.19, which is 42% above median its 10-year median of 125.13 and 128.3% above the Industrial Products industry median of 78.05. Gem-Year Industrial Co's overall GF Score™ is 64/100 with 3 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 Gem-Year Industrial Co (SHSE:601002), the current Days Payable is 178.19 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 Gem-Year Industrial Co (SHSE:601002) Overvalued in 2026?

Based on GuruFocus' analysis, Gem-Year Industrial Co stock appears to be overvalued. The current stock price of ¥4.70 is trading 9% above its estimated GF Value™ of ¥4.31. GuruFocus considers Gem-Year Industrial Co to be Fairly Valued.

Key valuation signals for SHSE:601002:

  • Days Payable: 178.19 (42% above median its 10-year median of 125.13)
  • GF Value™: ¥4.31 vs. price of ¥4.70 (9% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 128.3% above the Industrial Products median (#715 of 2991)

No single metric tells the full story. See the SHSE:601002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gem-Year Industrial Co Business Description

Address No. 8 Jinyi Avenue, Economic Development Zone, Jiashan, Zhejiang, Jiaxing, CHN, 314100
Gem-Year Industrial Co Ltd operates as a fastener manufacturer in China. Its products include bolts, nuts, screws, drawn air and fasteners. master toolset, tools storage, sockets, wrench and cutting tools.
64GF Score

Get the complete analysis for SHSE:601002

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

¥4.70
Price
¥4.31
GF Value