Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang AoKang Shoes CoSHSE:603001 +10.02%48 Days Payable is 117.37 as of Jun. 2026, which is 7% below its 10-year median of 126.65. GuruFocus rates SHSE:603001 with a GF Score™ of 48/100 and a GF Value™ of ¥3.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Zhejiang AoKang Shoes Co ranks better than 87.24% on this metric.
The historical rank and industry rank for Zhejiang AoKang Shoes Co's Days Payable or its related term are showing as below:
SHSE:603001'
s Days Payable Range Over the Past 10 Years
Min: 109.69 Med: 126.65 Max: 161.06
Current: 151.56
During the past 13 years, Zhejiang AoKang Shoes Co's highest Days Payable was 161.06. The lowest was 109.69. And the median was 126.65.
SHSE:603001's Days Payable is ranked better than 87.24% of 1027
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08
vs SHSE:603001: 151.56
* 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.
SHSE:603001 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Zhejiang AoKang Shoes 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 AoKang Shoes Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang AoKang Shoes Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang AoKang Shoes Co's Days Payable falls into.
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 AoKang Shoes Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 AoKang Shoes Co (SHSE:603001) has a Days Payable of 117.37 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 AoKang Shoes Co and its competitors. This is near median its historical median of 126.65. Over the past decade, Zhejiang AoKang Shoes Co's Days Payable has ranged from 109.69 to 161.06. According to the industry distribution chart, Zhejiang AoKang Shoes Co ranks #131 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.8%.
Is Zhejiang AoKang Shoes Co's Days Payable too high?
Zhejiang AoKang Shoes Co's current Days Payable of 117.37 is near median its 10-year median of 126.65. Over the past 10 years, this metric has ranged from a low of 109.69 to a high of 161.06. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Zhejiang AoKang Shoes Co's value of 117.37 is 121.1% above this industry median. Based on the distribution chart, Zhejiang AoKang Shoes Co ranks #131 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang AoKang Shoes Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang AoKang Shoes Co's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang AoKang Shoes Co ranks #131 out of 1027 companies for Days Payable. This places Zhejiang AoKang Shoes Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.08. Zhejiang AoKang Shoes Co's value of 117.37 is 121.1% above this benchmark. Historically, Zhejiang AoKang Shoes Co's own Days Payable has ranged from 109.69 to 161.06 over the past decade. While the company's 10-year median is 126.65 vs. the industry median of 53.08, Zhejiang AoKang Shoes 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 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 AoKang Shoes Co's current Days Payable of 117.37 is 121.1% 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 AoKang Shoes 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 AoKang Shoes Co's current Days Payable is 117.37, which is near median its own 10-year median of 126.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang AoKang Shoes Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang AoKang Shoes Co (SHSE:603001) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.34, compared to a current price of ¥10.43 — trading 212.3% above its estimated fair value. The current Days Payable is 117.37, which is near median its 10-year median of 126.65 and 121.1% above the Manufacturing - Apparel & Accessories industry median of 53.08. Zhejiang AoKang Shoes Co's overall GF Score™ is 48/100 with 2 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 AoKang Shoes Co (SHSE:603001), the current Days Payable is 117.37 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 AoKang Shoes Co (SHSE:603001) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang AoKang Shoes Co stock appears to be overvalued.
The current stock price of ¥10.43 is trading 212.3% above its estimated GF Value™ of ¥3.34.
GuruFocus considers Zhejiang AoKang Shoes Co to be Significantly Overvalued.
Key valuation signals for SHSE:603001:
Days Payable: 117.37 (near median its 10-year median of 126.65)
GF Value™: ¥3.34 vs. price of ¥10.43 (212.3% above fair value)
Industry Position: 121.1% above the Manufacturing - Apparel & Accessories median (#131 of 1027)
No single metric tells the full story. See the SHSE:603001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang AoKang Shoes Co Ltd manufactures and sells leather shoes and leather products. Its main products include business shoes, casual shoes and other shoes, luggages, wallets, and other leather products.
48GF Score
Get the complete analysis for SHSE:603001
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603001 has been successfully added to your 
