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What is Zhejiang Zhenshi New Materials Co Days Payable?
Zhejiang Zhenshi New Materials CoSHSE:601112 -2.00%11 Days Payable is 109.52 as of Mar. 2026, which is 1% below its 10-year median of 110.96. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks better than 56.14% on this metric.
The historical rank and industry rank for Zhejiang Zhenshi New Materials Co's Days Payable or its related term are showing as below:
SHSE:601112'
s Days Payable Range Over the Past 10 Years
Min: 66.15 Med: 110.96 Max: 228.34
Current: 90.5
During the past 4 years, Zhejiang Zhenshi New Materials Co's highest Days Payable was 228.34. The lowest was 66.15. And the median was 110.96.
SHSE:601112's Days Payable is ranked better than 56.14% of 2991
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:601112: 90.50
* 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 Zhenshi New Materials Co Days Payable Chart
SHSE:601112 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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 Zhenshi New Materials Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Zhenshi New Materials Co's Days Payable falls into.
Zhejiang Zhenshi New Materials 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 Zhenshi New Materials Co (SHSE:601112) has a Days Payable of 109.52 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 Zhenshi New Materials Co and its competitors. This is near median its historical median of 110.96. Over the past decade, Zhejiang Zhenshi New Materials Co's Days Payable has ranged from 66.15 to 228.34. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1312 out of 2991 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Zhejiang Zhenshi New Materials Co's Days Payable too high?
Zhejiang Zhenshi New Materials Co's current Days Payable of 109.52 is near median its 10-year median of 110.96. Over the past 10 years, this metric has ranged from a low of 66.15 to a high of 228.34. The Industrial Products industry median Days Payable is 78.05. Zhejiang Zhenshi New Materials Co's value of 109.52 is 40.3% above this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #1312 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1312 out of 2991 companies for Days Payable. This puts Zhejiang Zhenshi New Materials Co in the upper half of its industry. The industry median Days Payable is 78.05. Zhejiang Zhenshi New Materials Co's value of 109.52 is 40.3% above this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own Days Payable has ranged from 66.15 to 228.34 over the past decade. While the company's 10-year median is 110.96 vs. the industry median of 78.05, Zhejiang Zhenshi New Materials 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. Zhejiang Zhenshi New Materials Co's current Days Payable of 109.52 is 40.3% 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 Zhejiang Zhenshi New Materials 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. Zhejiang Zhenshi New Materials Co's current Days Payable is 109.52, which is near median its own 10-year median of 110.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Days Payable of 109.52. The current Days Payable is 109.52, which is near median its 10-year median of 110.96 and 40.3% above the Industrial Products industry median of 78.05. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Days Payable is 109.52 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.
Zhejiang Zhenshi New Materials Co Business Description
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
11GF Score
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