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Hangzhou XZB Tech CoSHSE:603040 +1.06%84 Days Payable is 116.57 as of Mar. 2026, which is 8% above its 10-year median of 108.17. GuruFocus rates SHSE:603040 with a GF Score™ of 84/100 and a GF Value™ of ¥24.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Hangzhou XZB Tech Co ranks better than 70.41% on this metric.
The historical rank and industry rank for Hangzhou XZB Tech Co's Days Payable or its related term are showing as below:
SHSE:603040'
s Days Payable Range Over the Past 10 Years
Min: 52.48 Med: 108.17 Max: 147.93
Current: 104.95
During the past 13 years, Hangzhou XZB Tech Co's highest Days Payable was 147.93. The lowest was 52.48. And the median was 108.17.
SHSE:603040's Days Payable is ranked better than 70.41% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 67.14
vs SHSE:603040: 104.95
Hangzhou XZB Tech Co's Days Payable
increased
from Mar. 2025 (112.25) to Mar. 2026 (116.57).
It may suggest that Hangzhou XZB Tech Codelayed paying its suppliers.
Hangzhou XZB Tech Co Days Payable Related Terms
Hangzhou XZB Tech Co Days Payable Historical Data
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The historical data trend for Hangzhou XZB Tech 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.
For the Auto Parts subindustry, Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hangzhou XZB Tech 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.
Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co (SHSE:603040) has a Days Payable of 116.57 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 Hangzhou XZB Tech Co and its competitors. This is near median its historical median of 108.17. Over the past decade, Hangzhou XZB Tech Co's Days Payable has ranged from 52.48 to 147.93. According to the industry distribution chart, Hangzhou XZB Tech Co ranks #387 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 29.6%.
Is Hangzhou XZB Tech Co's Days Payable too high?
Hangzhou XZB Tech Co's current Days Payable of 116.57 is near median its 10-year median of 108.17. Over the past 10 years, this metric has ranged from a low of 52.48 to a high of 147.93. The Vehicles & Parts industry median Days Payable is 67.14. Hangzhou XZB Tech Co's value of 116.57 is 73.6% above this industry median. Based on the distribution chart, Hangzhou XZB Tech Co ranks #387 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hangzhou XZB Tech Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou XZB Tech Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hangzhou XZB Tech Co ranks #387 out of 1308 companies for Days Payable. This puts Hangzhou XZB Tech Co in the upper half of its industry. The industry median Days Payable is 67.14. Hangzhou XZB Tech Co's value of 116.57 is 73.6% above this benchmark. Historically, Hangzhou XZB Tech Co's own Days Payable has ranged from 52.48 to 147.93 over the past decade. While the company's 10-year median is 108.17 vs. the industry median of 67.14, Hangzhou XZB Tech 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,308 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. Hangzhou XZB Tech Co's current Days Payable of 116.57 is 73.6% 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 Hangzhou XZB Tech Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou XZB Tech Co's current Days Payable is 116.57, which is near median its own 10-year median of 108.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou XZB Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co (SHSE:603040) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥24.04, compared to a current price of ¥52.20 — trading 117.1% above its estimated fair value. The current Days Payable is 116.57, which is near median its 10-year median of 108.17 and 73.6% above the Vehicles & Parts industry median of 67.14. Hangzhou XZB Tech Co's overall GF Score™ is 84/100 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 Hangzhou XZB Tech Co (SHSE:603040), the current Days Payable is 116.57 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 Hangzhou XZB Tech Co (SHSE:603040) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co stock appears to be overvalued.
The current stock price of ¥52.20 is trading 117.1% above its estimated GF Value™ of ¥24.04.
GuruFocus considers Hangzhou XZB Tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:603040:
Days Payable: 116.57 (near median its 10-year median of 108.17)
GF Value™: ¥24.04 vs. price of ¥52.20 (117.1% above fair value)
Industry Position: 73.6% above the Vehicles & Parts median (#387 of 1308)
No single metric tells the full story. See the SHSE:603040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train systems and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy-duty diesel engines. In addition, the company also produces precision cold-forming components together with good service for power tools, household electrical appliance, aerospace, machinery and other applications.
84GF Score
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