Zhejiang Tenchen Controls Co (SHSE:603085) Days Payable: 242.52 (As of Mar. 2026) — 11% Above Median

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SHSE:603085 Zhejiang Tenchen Controls Co Ltd SHSE:603085
59 GF Score
Price ¥9.18
GF Value ¥18.12
Valuation Possible Value Trap
! 2 Warning Signs
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What is Zhejiang Tenchen Controls Co Days Payable?

Zhejiang Tenchen Controls Co SHSE:603085 +0.44% 59 Days Payable is 242.52 as of Mar. 2026, which is 11% above its 10-year median of 217.96. GuruFocus rates SHSE:603085 with a GF Score™ of 59/100 and a GF Value™ of ¥18.12 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Zhejiang Tenchen Controls Co ranks better than 93.87% on this metric.

Zhejiang Tenchen Controls Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,762 Mil. Zhejiang Tenchen Controls Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥663 Mil. Hence, Zhejiang Tenchen Controls Co's Days Payable for the three months ended in Mar. 2026 was 242.52.

The historical rank and industry rank for Zhejiang Tenchen Controls Co's Days Payable or its related term are showing as below:

SHSE:603085' s Days Payable Range Over the Past 10 Years
Min: 168.54   Med: 217.96   Max: 266.27
Current: 215.94

During the past 13 years, Zhejiang Tenchen Controls Co's highest Days Payable was 266.27. The lowest was 168.54. And the median was 217.96.

SHSE:603085's Days Payable is ranked better than
93.87% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:603085: 215.94

Zhejiang Tenchen Controls Co's Days Payable declined from Mar. 2025 (289.44) to Mar. 2026 (242.52). It may suggest that Zhejiang Tenchen Controls Co accelerated paying its suppliers.


Zhejiang Tenchen Controls Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Tenchen Controls 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 Tenchen Controls Co Days Payable Chart

Zhejiang Tenchen Controls 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 200.78 235.14 266.27 217.93 217.98

Zhejiang Tenchen Controls 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 289.44 253.08 259.10 150.81 242.52

SHSE:603085 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Zhejiang Tenchen Controls 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 Tenchen Controls Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Tenchen Controls Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Tenchen Controls Co's Days Payable falls into.


SHSE:603085
59GF Score
Zhejiang Tenchen Controls Co Ltd SHSE:603085
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Tenchen Controls 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 Tenchen Controls 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
=( (1269.259 + 1701.902) / 2 ) / 2487.554*365
=1485.5805 / 2487.554*365
=217.98

Zhejiang Tenchen Controls 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
=( (1701.902 + 1822.067) / 2 ) / 662.966*365 / 4
=1761.9845 / 662.966*365 / 4
=242.52

* 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 242.52 mean?
Zhejiang Tenchen Controls Co (SHSE:603085) has a Days Payable of 242.52 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 Tenchen Controls Co and its competitors. This is 11% above median its historical median of 217.96. Over the past decade, Zhejiang Tenchen Controls Co's Days Payable has ranged from 168.54 to 266.27. According to the industry distribution chart, Zhejiang Tenchen Controls Co ranks #80 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 6.1%.
Is Zhejiang Tenchen Controls Co's Days Payable too high?
Zhejiang Tenchen Controls Co's current Days Payable of 242.52 is 11% above median its 10-year median of 217.96. Over the past 10 years, this metric has ranged from a low of 168.54 to a high of 266.27. The Vehicles & Parts industry median Days Payable is 67.26. Zhejiang Tenchen Controls Co's value of 242.52 is 260.6% above this industry median. Based on the distribution chart, Zhejiang Tenchen Controls Co ranks #80 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Tenchen Controls Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tenchen Controls Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Tenchen Controls Co ranks #80 out of 1306 companies for Days Payable. This places Zhejiang Tenchen Controls Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Zhejiang Tenchen Controls Co's value of 242.52 is 260.6% above this benchmark. Historically, Zhejiang Tenchen Controls Co's own Days Payable has ranged from 168.54 to 266.27 over the past decade. While the company's 10-year median is 217.96 vs. the industry median of 67.26, Zhejiang Tenchen Controls 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 67.26, based on 1,306 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 Tenchen Controls Co's current Days Payable of 242.52 is 260.6% 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 Zhejiang Tenchen Controls Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Tenchen Controls Co's current Days Payable is 242.52, which is 11% above median its own 10-year median of 217.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tenchen Controls Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tenchen Controls Co (SHSE:603085) is currently considered Possible Value Trap. The stock's GF Value™ is ¥18.12, compared to a current price of ¥9.18 — trading 49.3% below its estimated fair value. The current Days Payable is 242.52, which is 11% above median its 10-year median of 217.96 and 260.6% above the Vehicles & Parts industry median of 67.26. Zhejiang Tenchen Controls Co's overall GF Score™ is 59/100 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 Tenchen Controls Co (SHSE:603085), the current Days Payable is 242.52 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.

Is Zhejiang Tenchen Controls Co (SHSE:603085) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Tenchen Controls Co stock appears to be undervalued. The current stock price of ¥9.18 is trading 49.3% below its estimated GF Value™ of ¥18.12. GuruFocus considers Zhejiang Tenchen Controls Co to be Possible Value Trap.

Key valuation signals for SHSE:603085:

  • Days Payable: 242.52 (11% above median its 10-year median of 217.96)
  • GF Value™: ¥18.12 vs. price of ¥9.18 (49.3% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 260.6% above the Vehicles & Parts median (#80 of 1306)

No single metric tells the full story. See the SHSE:603085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Tenchen Controls Co Business Description

Address West Industrial Zone, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200
Zhejiang Tenchen Controls Co Ltd is engaged in the development, production, sales, and service of vehicle seats. The company's products include engineering machinery seats, commercial vehicle seats, agricultural machinery seats, and passenger car seats.
59GF Score

Get the complete analysis for SHSE:603085

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

¥9.18
Price
¥18.12
GF Value